3 Tips to Find a Profitable Niche

So what is 3 Tips to Find a Profitable Niche really all about? The following report includes some fascinating information about 3 Tips to Find a Profitable Niche--info you can use, not just the old stuff they used to tell you.

Finding profitable niche markets is a sort of a treasure hunt. If you have been reading my other articles on niche marketing this statement might surprise you. Why? Because I say that finding a profitable niche is a non-issue because a niche is what you specialize in... so where's the need to 'find' profitable niche ideas anyway?

If your 3 Tips to Find a Profitable Niche facts are out-of-date, how will that affect your actions and decisions? Make certain you don't let important 3 Tips to Find a Profitable Niche information slip by you.

It is here that I bring into direct focus the internet and its related opportunities. You see, once you have mastered the art of understanding audience needs, putting yourself in their shoes, developing sites that cater to them and driving them there, you are home. But you are home only in the one or few niches that you know. What about the hundreds of other areas that you don't know much about but can learn and earn from?

How to find a profitable niche gains extreme importance in the light of this. You must be able to learn a new niche and profit from it on demand. And so, here are 3 things that will help you develop that ability.

First, you will need to keep your eyes and ears open for things people do or use. Take for instance a thing like purchasing toys for Christmas. Now you will check in the 'Google keyword tool' how many people are searching for terms relating to 'toys for Christmas'. I did this exercise and found the following (find this keyword tool by Googling it up).

110,000 searches accrue for 'toys for Christmas'.
22,200 searches accrue for 'toys for Christmas 2010'.
22,200 searches accrue for 'top toys for Christmas'.
22,200 searches accrue for 'hottest toys for Christmas'.
14,800 searches accrue for 'hot toys for Christmas'.

Now these numbers might change when you look it up, but I concluded that potentially close to 200,000 searches were being made every month for a potential niche I could enter without too much background. You can too!

The next thing to look for is whether the keywords for this niche have too much competition. This can be seen in the Google search engine by putting the keyword in double quotes. "hottest toys for Christmas" brings up 80,700 results. Anything under 100,000 is a good niche to compete in. The other keywords throw up more competition, so the market will not be a cakewalk.

Finally, the third part about finding a profitable niche lies in whether the main keywords for the niche present a good intent to purchase. For this Microsoft has an online tool that gives you the results. If the intent is high, you can even spend money getting traffic and you'll be profitable.
A video by the author on keywords that make money shows how you can locate and use the Microsoft tool. And while on the subject, check out the hottest toys for Christmas and Buy Now!

Article Source: http://EzineArticles.com/?expert=David_Writer

Of course, it's impossible to put everything about 3 Tips to Find a Profitable Niche into just one article. But you can't deny that you've just added to your understanding about 3 Tips to Find a Profitable Niche, and that's time well spent.

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