The 3 Important Characteristics of a Profitable Niche

Do you find it hard to make money from your online niche marketing efforts? Would you like to know how to become an expert niche finder? There are three essential elements to look for in a niche? When you find all three you know you've got a money making niche on your hands!

One

If you want to make a lot of money, you have to identify a group of people with a desperate need. If they are desperate for a solution to a problem they are more likely to spend their last dollar on your product if it provides what they need. For example someone who is deep in debt and desperate to borrow money, or is desperate to save a relationship are great examples of desperate people.

So the expert niche finder golden rule number one is to identify a desperate market!

Two

Do the people with the desperate need have any money to spend? There is no point marketing a product if your target market can't afford the product you are promoting! For example, someone who is desperate to borrow money won't have the cash to spend on a product that tells them how to make money or how to get a loan. They may be desperate, but they need a free solution. That said, if you are promoting a payday loan product to those people you may well have a lot of success, but promoting a product they have to pay for won't get you very far. Obviously the more money people in your target market have the better.

So the expert niche finder golden rule number two is to ensure that the people in your desperate market have the cash to pay for it!

Three

The more people there are searching in your niche, the money there is to be had. If your target niche only has a few people searching online each month for your product, you're not going to convert many in to sales. You therefore need to do some keyword research on your niche to see how many people are entering "buying" keywords each month. A niche may get a lot of traffic, but if that traffic is people simply searching for free information on a hobby or interest, they're not going to make you any money. The keyword phrases that people type in must show that they are looking for a solution that they need so badly they'll part with cash for it!

So the expert niche finder golden rule number three is to ensure there are enough buyers searching for your solution in the niche to make it worth your time promoting!

Once you have identified a niche that meets all three criteria, you need to do your keyword research thoroughly and optimise your marketing around the common "buyer" keywords. Even in the most competitive niches there are some uncompetitive keywords to target, and the traffic they draw will convert well!

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Find the Real Keyword Gold in a Flash

In web marketing, picking the right keyword phrases for your website is vital to the speed at which you can get your website making money. Websites that have high rankings in Google for the right keywords can amount to thousands of dollars of profit each year.

One of the initial things you'll notice about Micro Niche Finder, is how user-friendly it is. Dissimilar to some programs that take some time to understand, Micro Niche Finder's interface is straightforward to use and seems natural and also incredibly intuitive.

There's no need to set-up documents, folders or projects - you only have to type in the keywords you're researching and - voila - you've got all that you need in a couple of minutes! This is very handy much later when you want to go over the data once more - you don't have to open any saved documents (or try to remember where exactly you've saved them away, or worse, if you even did save them). The "Manage Searches" feature saves the history of everything you did, so you can easily load up them at a later time.

Nevertheless, I anticipate your thinking ok why is Micro Niche Finder dissimilar than any other Keyword Tool out there?

Now I use Market Samurai as well as Micro Niche Finder and I've gota say, if you're after huge amounts of information about your keywords then do have a look at Market Samurai.

Nonetheless, one of the biggest benefits for me with Micro Niche Finder is that I can get the facts that I want to run a cost-effective seo campaign in quite literally minutes; disclosure: this may vary every now and then, clearly, all results can change, it can be tens of minutes;)

SOC is a value, a visual guide for keywords that just happens to be incredibly accurate in my experience, partly due to its data sources emerging from Google's search engine.

Though predominantly an SEO tool as opposed to PPC (well that's how I treat it at least) Micro Niche Finder is an remarkable tool to help you locate and make the most of those often missed areas of opportunity inside your market.

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Micro Niche Finder - Secret Formula For the Strength of Competition Calculation In The Internet Marketing

Micro Niche Finder (MNF) is a great keyword analysis software. For each market niche you get a list of similar and related keywords. For every keyword you get local and global search count, Google search trends, exact phrase count, ad cost, online commercial intention, measure of backlinks and SOC - Strength of Competition. This parameter is crucial to correctly estimate the effort needed to succeed with this keyword.

For a profitable micro niche you need phrases with high search volume (a lot of people searching for this word phrase) and weak competition (small number of pages related to it). Search volume needs no further explanation. It is the number of monthly searches. More searches means more potential visitors, more visitors means higher chances to sell items or services. However, the number of pages related to your target keyword can be used to estimate the competition, but the number itself tells little about the content of competing pages. Fortunately, Micro Niche Finder provides an additional feature to estimate the strength of competition (SOC).

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