Creating your own products is a good idea, but not a smart one since its a time consuming. Write great contents about great products which has more searches and post it in your blog. Don't rely on only one thing to earn money, keep it coming from multiple channels like adsense, affiliate...
IMHO, I don't think that's a good niche. Your idea is good but try some other niche that sells well. Anyway that is my thought, you better do what you think of and learn from experience.
Doing 301 will flow the penalty to your fresh site as well, so never do that for good sake. Write great unique contents and have a good start with the new one. Stay focused in building high quality relevant backlinks to gain visibility in search engines.
IMHO the keyword distribution should be
1) exact match - 30%
related keywords - 30%
generic - 30%
url - 10%
2) When it comes to content, use well written unique contents always. The content should be relevant to the niche and give information users.
If you're linking web 2.0 directly to your money site, then you need to stick on quality unique contents. If you're not directly linking your money site with web 2.0, then you need not to keep up with quality, but make sure that the article is readable and unique.
Write contents for your readers in a way that makes them engaged in it and incite them to share it. The is no such thing called "Build Relationship contents", you have to write it that way.
Do Tiered link building for your specific keywords in high PR DA blogs and guest blogs. This will help you to get more visibility by placing your website on 1st page of Google.
When it comes to link building for a purpose, it is of course not white hat. Not all black hat techniques are "not to follow" thing. When it is practiced properly knowing the tactics black hat will do good and work for you. Literally not all blog networks are black hat.
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Register a domain name on your facebook fan page or relevant to the name. Sign up in best cpa campaigns for both facebook fan page and your registered domain. Use your fan page to drive traffic to your site. You can earn from both your site and fan page.
I've worked with websites to get rid of ripoffreport and other negative reviews from other consumer complaint sites. I can clean up and fill the first two pages of search result with good positive reviews about you. PM me if you're interested in my service. I'll PM my skype id to you now.
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