Ok, I'll admit it. I'm infected with the virus of creating niche websites.
In fact, right after I finished my challenge, I started doing researching keywords to create four additional niche websites. People like Spencer Haws and Pat Flynn are really inspiring me and they show that it's possible to earn money with niche sites. What makes me most excited about niche websites is the possibility to make 100% passive income!
Since the keyword research is crucial to find a profitable niche, I decided to furthermore reveal the EXACT criteria I'm going to use for my next niche websites. You need to know that the keyword research is deciding whether you can make money with your site or not. I started making money with Google Adsense and it did quite well. But I could earn at least the double amount of money if I considered keyword targeting right from the beginning.
Since I want you to replicate my success and to start earning money online, I'll guide you through the process I'm using when I do keyword research in preparation for niche websites.
You might say, damn you created only one niche website, what makes you an expert for keyword research?
Well, you're right when you only consider the amount of my niche sites. But that niche site is on Google's #1, as Carlie Hamiltons comment beneath my review post proves. Not only that, my Yodelay iPhone app also shows, that I'm ranking #1 for my main keyword.
You can see several interesting facts in this graphic that I'm going to explain in this post. But for now that screenshot should show to you, that I successfully ranked that page at number one in Google.
If you're still not convinced, I revealed my methods to increase website traffic for this blog. 60% of my current traffic comes from search engines, which are exactly 2.996 visitors from Google so far in this month!
Especially niche websites need free traffic from search engines. There are lots of strategies for driving traffic to your websites, you could use blog hopping, social media, videos, paid ads and of course traffic from search engines.
And the latter one is most important for building money making niche websites!
First of all, traffic from search engine result pages (SERPs) is totally PASSIVE! Since you're targeting keywords with a quite low competition, you won't need lots of SEO efforts to make your sites rank well in Google. You do the SEO stuff once and than let it rank, it's no magic here.
It's actually simple, the higher your website ranks in Google, the more traffic you'll get.
Every other method listed isn't passive - and that's what it's all about, isn't it?
Would it make sense to constantly comment on blogs, use social media or publish videos when you want to get passive income? Of course not!
And even worse, why would you ever pay for ads to drive traffic to your niche websites? The sites shall EARN money, not force you to spent money.
So free Google traffic will be the main traffic source for my niche websites and I recommend that you plan your niche websites similar.
We'll use Long Tail Pro, that tool will make it easy for you to analyze the SEO competition in Google.
I already told you, that I used broad keyword research for my first niche website and that I want to use exact match research for the next niche websites - to show you the differences. But Long Tail Pro got a new update which disabled the differentiations between the various search types. Google will disable the Keyword Tool in a few months and replace it with a new tool called Keyword Planner. Long Tail Pro already adapted this change, so that you're safe for the future, get more exact results and don't get confused with the different search types.
So when I create niche websites, I always search for keywords with a local search volume of at least 3.000 monthly searches, preferably higher. My new keywords have 12.100 to 27.100 monthly local searches in the US.
This way I can assure to get lots of traffic, when I manage to rank those niche websites high. It's important that you only consider the local search volume and don't get distracted by the global searches. Google ranks sites differently based on your location, that's why you always should focus on one single country and take traffic from other countries as nice side-effect.
The Cost-per-Click decides, how much you can make when your visitors click on your ads.
Though you don't get the whole amount, because that's the amount the advertiser pays to Google.
I calculate with 60-70% of the CPC and I only target keywords with a CPC higher than 1€. The new niche websites will have CPCs between 1€ and 2.50€, so they should earn a decent amount of money.
One problem I have on this blog is the really low, and this way I don't make as much money as I could. I didn't consider the CPC when I wrote my first posts and my most visited post displays ads, that earn an average of less than 0.60€ per click.
To be honest, it really maddens me that I didn't know about this factor earlier. Please consider the CPC when you write a new post, so that you don't leave money on the table!
The competitiveness is most important and decides whether your niche website will rank in the top three or not. Here is the function that I really love about Long Tail Pro, it automatically analyzes the competition in Googles Top Ten. You don't need to worry about all pages that target your keyword, your just competing with the top ten!
I go with the recommendations of the most respected specialist for niche websites, Spencer Haws. He is the creator of Long Tail Pro and builds niche websites for several years.
He recommends to go only with keywords that have a keyword competitiveness below 30. Long Tail Pro calculates this feature only in the Platinum version that requires a monthly fee of $19. It's definitely worth the investment, the first successful niche website will pay that fee!
My new niche websites have a keyword competitiveness from 24 - 29, so everything should be fine. I won't do anything about off-site SEO for those sites, we'll see how they go 😉
The content creation is outsourced to experienced writers. It's quite cheap to do this, though you'll need to give them detailed instructions how you want them to create the content.
In the Niche Websites Blueprint I'll reveal my detailed job instructions to you, so I recommend that you sign up to the early bird mailing list.
Basically I'm telling them, how many texts to create, their length and their structure. It's something that evolved over time and that I learned from a very successful friend of mine in the US.
He owns 100+ niche websites, studies at Haas School of Business in Berkeley and earns enough passive income to finish his studies without any debts! Yay for niche websites!
As you might guess, those niche websites won't be my only ones when they start earning money 😉
I love the idea of building multiple passive income streams and I'll keep you posted on my progress.
Be sure to sign up to my newsletter, so that you get the latest updates right into your inbox. And of course leave a comment if you've got something to say, I'm looking forward to hear your thoughts!
Keep it on,