subject: Finding A Market Niche With Low Competition Is The Fastest Way To Make Money Online [print this page] Finding A Market Niche With Low Competition Is The Fastest Way To Make Money Online
There is a lot of competition in various markets when it comes to earning income online and it can be very hard to get started when you're competing against long standing and branded individuals.
Fortunately finding a market niche that will make money for you can be accomplished with the use of free tools online.
This is a important step in the process of being able to find niche markets that will be solid money makers and warrant the time and effort you put into your marketing efforts.
Two Areas That Demand Your Attention
There are two areas that you want to pay close attention to as you begin your research:
1. Money keywords
2. Strength of competition
Why Most Newbies Struggle
One of the biggest reasons many individuals fail to make a cent in any of the markets they are competing in is because they did not do any keyword research.
Keyword research is the missing link to profitability for many internet marketers and is vital to your niche marketing success if you want to attract potential buyers to your website.
With the best keywords you can put together content on your website that will attract the attention of the search engines and targeted consumers.
Low Hanging Fruit Is Not Enough
However, finding money making keywords doesn't end with the keywords themselves. It also involves determining the strength of the competition on the first page of Google for your chosen keyword.
For example, if you happen to find a keyword that is relevant and targeted to the consumers in your market, the next thing you'll want to find out is the page rank of the sites that are on the first page for that keyword or phrase.
If the websites on the first page of Google for your keyword have a page rank or PR of 4 or higher, the likelihood of getting your site on that page will take a lot of work to accomplish.
It is especially tougher if 5 out of 10 of the competing sites have a page rank of 4 or higher.
What Competing Sites With High Page Rank Means For You
The majority of the sites that have high page rank, have lots of backlinks pointing to their sites which means you would have to put in some serious elbow grease to obtain a good amount of backlinks in order to compete, let alone make money.
So the key is to find relevant keywords with relatively low competition from sites that are PR3 or lower. With this niche marketing strategy you can find a niche market and start making money from it very quickly.
