How To Determine A Profitable Niche Part I

Number 1 there's no manner to turn out if it's going to be profitable for you until you make it.

Having said that, I believe there's a few indicators. Number one, I don't believe you necessarily have got to price reduction keywords searches. Obviously, a keyword acquires 100,000 hunts and another 1 acquires 2000 searches. There is probably more than demand from the keyword that acquires 100,000 hunts but that doesn't intend it's more profitable. Just because it have 50 modern times more seeks doesn't intend it's more profitable.

Okay, that just assists us understand relative demand. That's it. That is only 10% of your equation. What I would probably make if I were choosing a new niche today, and I haven't had to take a new niche in 17 months, I make not mean to take another niche any clip soon. I'm calm growing. I don't have got any desire to sell anything else. But if I were, I believe the topographic point I would travel would be Google. Go to Google, the hunt engine and I would literally google the hunt footing that people in my niche might be interested in. The adjacent thing that I would is I would look at the sponsored listings, the adwords?

I would make this over time. I would determine... and there's actually software system system out there, and I don't urge that sort of software. I don't utilize it so I can't urge it. But for anybody who really desires automate with this procedure there's plenty of good software system system out there, I don't cognize if the software assists you much more than than what we were talking about earlier with the keyword searches. I don't cognize how accurate the software system system is. But what I would do, software aside, and I would not pass a batch of clip on this. Maybe an hr once a hebdomad for three or four hebdomads happen out what's going on with those ads. So let's just state there's ten advertisements on the first page and let's state these advertisements are promoting merchandises for they are selling for $10. And let's state that we look at a different keyword, we see advertisements that are on norm promoting merchandises that sell for $100, and then on a 3rd keyword we see advertisements that generally don't advance a merchandise but they advance a free give away of some kind. Then if you fall in the give away you happen that instead of being approached with a $100 gross gross sales page, you're approached with a $1000 sales page. Now assuming this was the lone information available, of course of study it's not, which 1 of these three hunt footing is probably making more than profit?

Caller: The one that have the higher terms ticket.

Sean: Absolutely. Absolutely. Obviously, if the peculiar hunt word only acquires 100 hunts a calendar month then there's no competition for that word. You cognize the individual may only be disbursement 10 cents a chink and you can really have got a low transition charge per unit with a $1000 product. So you've got to sort of think about that, too. If you're looking at something that's high competition, then the chinks are costing more, and if the chinks are costing more than than than the transition charge per unit have to be higher. It's really a intestine intuition thing. So pass some clip looking at what people sell and expression at it over time.

You cognize if you look at a keyword today and a peculiar gross sales page that's merchandising something for a$100 and it'd a nice amount of keyword searches, a couple a thousand a calendar month keyword searches, and that merchandise is the figure 1 spot, you might be able to presume they are disbursement two vaulting horses a click. I don't know. I've had 10 cent chinks that are figure 1 and I've had eight dollar chinks that are figure one. Let's just state than on norm it a dollar or two dollars a click. In order for them to interrupt even there's got to be at least a !5 transition on a $100 product. If we look at adjacent hebdomad and they are still in the figure 1 spot, and the adjacent hebdomad they are still in the figure 1 spot.