Finding a profitable niche
Take a look at this excellent high paying keyword list:
www.keyword-list.com
See if there are any topics that you know about or at least find interesting. You
will find it much easier to create a quality site if you are already knowledgeable
on or enjoy the subject matter.
Good content is the key to a high search engine ranking.
I will now find a profitable niche market from a keyword of my choice. This will
make it easier for you to follow the process step by step and repeat it with your
own keywords.
Looking through the keyword list I see that “drug rehab” can cost the AdWords
advertiser up to $12.50 per click.
Some keywords can pay out as much as $60.00 per click!
The next thing we must do is find out what kinds of ads are likely to be displayed
based on our choice of keyword. This will also allow us to gain a clearer picture
of how much advertisers are willing to pay to have these individual ads
displayed.
We do this with a useful tool on the Overture website. Overture is an advertising
program that is similar to AdWords. We have to use Overture because Google
are notoriously tight lipped about how much their AdWords advertisers bid for
clicks.
Although the bid prices for Overture advertisers will vary from those of AdWords
advertisers, it will still give us a decent approximation of the kind of money we
can expect to receive when displaying ads on our niche site.
The Overture Bid Tool can be found at this address:
http://uv.bidtool.overture.com/d/search/tools/bidtool/