Is Your Niche Market Competitive?

So, you have chosen from your niche list one subject that you particularly like and you have narrowed it down to a particular keyword phrase. You did not do it, then go back my post Finding Your Niche on The Internet and read it. I will still be here when you get back to this blog post.

You now have your keyword phrase. Guess what?

This doesn’t necessarily mean this is what you’re going to be concentrating on for your business.

Huh? What did you say?

Yes, you heard that right. See, just because you have an interest in something, doesn’t mean other people are going to have an interest in it. And even if they do, if you’re going to go up against a million other sites promoting the same niche, you are going to have one heck of a tough time getting your piece of the pie. This is why I advise people to stay AWAY from Internet marketing. Why? It’s a jungle. Yes, you can make it work. I did. But why beat your brains against a stone wall when you can find something that is more like hitting a pillow.

So let’s take my own choice of health. I decided to go with the more narrowed keyword phrase “Alternative Treatments for Acne.”

Great, so what do we now?

Well, let’s see what our demand and competition is.

How do we do this?

Well, the competition is easy. Just go to Google and type in, with the quotes YOUR keyword phrase. I’ll type in mine.

I get 37,000 sites coming up with that keyword phrase. Okay, not too bad.

Now, let’s see how many monthly searches we get.

To do this, go to a keyword suggestion tool and type in the same phrase.

I use many. Here’s one of them.

Wordtracker free trial

Or you can try but its results are based only yahoo.

Now, the tool will also give you alternative keyword phrases, because not everybody is going type in YOUR phrase. Wordtracker will give you a decent list.

Okay, type in your keyword phrase, again with the quotes, and see how many monthly searches you get.

In my case, it's not too good. My original phrase only got 2 monthly searches. And even the best word in my list, “Acne” only got 1688 monthly searches and it’s not very targeted. What I mean by targeted is this.

Does everybody who types in acne into a search engine want an alternative treatment? Some may simply be looking up what causes it. That’s why you want your target phrase to be as specific as possible.

So let’s see what we have.

1688 searches for a non targeted phrase and over 37,000 sites to go up against. I don’t know about you but I don’t like those odds. Now, I’m not saying you shouldn’t pursue this, but if you do, I just want you to understand what you’re going to be up against. It will be an uphill battle.

Ideally, you want to find a keyword phrase where you have about 1000 – 2000 competing sites and about 5,000 to 10,000 searches a month. Believe it or not, these ratios exist. They’re not easy to find but they do exist. And when you latch onto a niche with very little competition and a good number of monthly searches, you’ve basically found yourself a goldmine. The key is cashing in on it.

Just keep repeating the above process until you find a niche that you are happy with. It may take some time, but it’s time well spent.

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