subject: Finding A Market Niche With Low Competition Is The Smartest Way To Start Making Money On The Interne [print this page] There is a lot of competition in various markets when it comes to making money online and it can be very tough to get started when your competition is against long standing and branded individuals.
Fortunately finding a market niche that will make money for you can be done with the use of some free tools.
This is a crucial 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 developing your marketing campaign.
Two Specific Areas That Demand Your Undivided Attention
There are two areas that you want to pay careful attention as you begin your research:
1. Money keywords
2. Strength of competition
A Most Neglected Newbie Mistake
One of the biggest reasons many individuals struggle to make a cent in any of the markets they choose to compete in is because there was no keyword research done.
If you want to be able to attract the right kind of traffic that is most likely to buy your products, keyword research should be one of the very first things you do.
With the right keywords you can formulate content on your website that will attract the attention of the search engines and targeted consumers.
Why Targeting Low Hanging Fruit Is Not Enough
However, finding profitable keywords doesn't end with the keywords alone. 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 your target audience, the next thing you'll need 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 achieve.
It is especially more difficult if 5 out of 10 of your competitors have a page rank of 4 or higher.
What Competing Sites With High Page Rank Means For You
Many of the sites that have high page rank, have lots of backlinks pointing to their sites which means you would have to put in a lot of effort 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 have a page rank of PR3 or lower. With this niche marketing strategy you can find a market niche and start making money from it very quickly.
