Great stuff! Going to add it to some of our how to find a niche resource lists.
__________________ Linda Buquet :: Affiliate Recruiting, Promotion & PR
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Everything you said is true to a degree but I'll start my answer with
a BIG it depends. There is no easy answer.
1st off markets like "foreclosures and refinancing and debt consolidation" are not just competitive it's uber competitive because you are not only dealing with shark Internet marketers but banks, loan brokers, news papers and other big media talking about the subject.
There ARE markets that have demand and not every marketer on the planet is targeting. There won't be as many searching and buying but you have a better chance of getting traffic and therefore making sales. So key is to weigh # of searches vs competing pages based on "all in title".
"But if you pick something really obscure (I just typed in "vintage books 1900s" and came up with 53,700 hits) then you hardly have anyone to sell to/click on your ads/make money off of."
True you don't want to go totally obscure. The key is to find hidden niches that have interest but isnt too competitive. OR it could be a sub-niche of a big niche. Debt consolidation for Spanish single mothers. (Not saying that's a good market or even gets any searches, just an example.)
One idea that could possibly help you find some niches that would be good but possibly not too competitive.
Try some general root keywords that signify problems people are trying to solve. Single words like: eliminate, cure, pain, relief, problem, lower, relieve prevent, alleviate, soothe, ache, comfort, comfortable, lower, reduce, remove
For each one scroll down in the results until you find something that interests you that's not at the top of the list. Too many people go after those top ones. Find one midway down and then check to see how many competing pages in Google with all in title.
Sorry carpal killing, thats all I can type for now.
Hope that sorta answered and gave you some ideas.
Wow Linda! You gave some really good information. I have been trying to work the wrong niche and so now I am going to redirect my focus. I would have never made any money doing what I am now... I was starting to get frustrated. haha
__________________ Linda Buquet :: Affiliate Recruiting, Promotion & PR
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It's funny, but in my experience, I have made the most money in competitive niches. Lots of competition also means that their is a lot of consumer interest - IMHO.
But I do it by looking for long tails. You brought up foreclosures, and yeah.... it would be impossible to rank for the word "foreclosure"...
But maybe you could target certain states or cities... i.e. "Dallas Foreclosures"
With my own websites, I promote a service that would be equally impossible to rank for ... but I can rank for niches within that service.
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