Lesson #8: Finding Profitable Niches Easily with Adwords

This is something I’ve been doing for a long time now & it’s probably by far the easiest & best way to find profitable niches on the web.

It’s so simple that you’ll kick yourself for not doing it first. Really, you will.

Sign into Adwords then click on Tools.

Next click on the Keyword Tool.Then click on the Site Related Keywords Tab.Now you need to start finding niches from sites with dynamic content. I’ve created a list of pretty Dynamic sites over the past year. These are sites ranging from things like Holidays, News, Sports, Financial, Religion, Technology, Health Insurance.

For this example I’m using Yahoo, so fire in www.yahoo.com as the site. Make sure you group the keywords by common terms & search by cost as shown below.

Now I have a list of around 100 keywords that range from about $8 up to a whopping $60 Average CPC. Ouch.

Bearing in mind that a lot of the keywords on the page are very competitive you can still find some real gems if you delve a little deeper.

I now start picking the more obscure terms & fire them into Google to see what the competition is like, for example Middletown Auto Insurance, this has a competition of around 3,000 terms or so when you target the title in quotes.

The competition heats up a bit when you remove the quotes however you can still see there’s not too many people who use the actual full term “Middletown Auto Insurance.”

So you have a term that’s paying around $28 a click on the Search Network & a half decent chance to rank for it if you’re willing to put the legwork in. Obviously there are millions of other niches out there that have much much less competition. I was able to find 20 in about an hour.

Whenever I find a nice list I then fire everything into Keyword Elite to see if the keyword gets traffic. Sometimes you can find keywords with NO COMPETITION that get over 1000 searches per month.

Now I simply create a blogger blog with the keywords in the domain i.e. middletownautoinsurance.blogspot.com then I’ll make a dedicated page that’s highly relevant & gives good information about Middletown Auto Insurance.

I’ll use Bookmarking Demon & some other programs to generate enough backlinks to get the domain indexed. Then I’ll figure out how I want to monetise it.

I’ve literally set up anywhere close to 500 blogger domains within the last year using this system & it works. Finding the niches with traffic & little competition are the best way to dominate that market.

Don’t forget that you can win an SEO Audit of your site by Reviewing Earners Blog on your Blog, I’ve had about 5 sent in so far so keep em coming!