How You Can Uncover a Profitable Niche Market
Ok so you know you need to find a niche market, but how on earth do you do that? With so many niches out there, where do you start?
Ok firstly your going to need to go to your computer and open two windows:
1.
www.Google.com
2.
http://inventory.overture.com
What we are looking for and what we really mean by a niche market is a market that has a relatively low number of pages already listed in the search engines. This figure represents supply or 'competition' for this niche. What we also need a niche to have in order for us to be able to profit from it is a relatively high number of 'demand' or people already searching for this niche.
As in basic economics a high demand and low supply creates value. So, if we can find a niche (meaning a keyword) with these qualities then we stand to profit from it.
To find this information you can look to Google to find the results pages and Overture Keyword Selector to find the number of searches the word has per month.
Ok, so how do we know what is high demand and low supply? Great question! Once you start to have a look around you will get a feel for what is a lot of searches and what is a low number of results pages.
Different people have different definitions in terms of numbers of what is a niche market and what isn't. Generally if you can find a word that has over 10 000 searches per month and 2 million or less results pages in Google. You will have a pretty solid Niche.
To give you an idea to get you started here's an example:
Software: 732 075 searches : 5 500 000 000 results pages
This is a BIG market… High search volume and High competition
Internet Marketing Online: 16 000 searches : 358 000 000 results pages
This is a COMPETITIVE market… Low search volume relative to competition
Pug Dog: 10 000 searches : 5 000 000 results pages
This is a NICHE Market… High search volume relative to competition.
I hope you can see now what I mean by Niche Market…
By Andrew Hansen
Find All the Profitable Niche Markets You Can Handle with Revolutionary New Keyword Tool. Find Out More at:
www.brainstormgenerator.com
The first step in the process is to find an old domain. There is a more complicated explanation for this but all you really need to know is that the search engines favour domains that are established and have a longer history because they perceive that they are an older and hence more credible source of information. This has been tested extensively and is proven to give faster indexing, more traffic and hence better results.
To find an old domain we use
www.1expired.com. Once you have created an account you select the find expired domains tool and begin searching. What we are looking for is a domain with these characteristics:
1. It is over 2 years old.
2. It's pages are that of a decent site not a link farm.
3. It is available.
4. It has at least 1 page already indexed in Google.
Working with
www.Archive.org
Using the 1expired.com search you will bring up a list of domains that fit your filters. You will see a button that says archive. When you click this button a screen will come up that shows the history of this domain, including how many pages it has had listed and in which years.
What you are looking for is a domain that has pages listed from more than 2 years ago.
A lot of the domains you click will show no history at all so it is your job to sort through these to find the ones that have. When you find a domain that has history of more than 2 years. When you find a domain with some history it pays to click each page that it has listed to see what kind of page it is (the actual page that was listed in that year will be shown). If it is anything other than a site with a whole lot of links then you can tick step one. (Note: some domains will show a message saying this domain is parked here or the site is under construction or something similar. These domains may have a lot of links but they are not link farms and they are OK to use).
Other checks for domain validity
Ok now you have to go to Google and see whether this domain has pages indexed or not. To do this simple go to Google and type in "site:thedomaininquestion.com". If there are no results for this search then there are no pages indexed and you will have to try another domain. If you see results, (they will usually be the domain itself listed there), then this domain gets tick number 2.
Lastly you just have to check that this domain is available. To do this, just go to
http://www.registerfly.com/ and type your domain into the main box that has .com next to it and hit enter. You will see the results and will be able to tell whether or not this domain is available. If the domain is available then you're good to go. This domain is a good usable domain and you are ready to move on to the next step!
By Andrew Hansen
Andrew Hansen is the apprentice to an online marketing guru and has learnt in just a few months how to make a full time income from his online ventures. He endorses 1expired as the simplest method for finding old domains. For more information see
www.viralinstigator.com/blog .