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[GUIDE] How To Figure Out Money Potential of a Niche

Discussion in 'Making Money' started by hekke, Apr 27, 2016.

  1. hekke

    hekke Senior Member

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    I promised in my keyword research guide to write a guide about how I figure out how much the top ranker in a niche makes per month - and it is a really easy method to be honest.

    1. Find the their contact form
    2. Send a message asking if they are interested in selling their website, if they are (most are) you ask them how much it makes per month. Usually you get some screenshots and boom there you have it - right infront of your eyes!

    Here is a example message to send them:

    "Hey!

    My name is X and I am looking to acquire some web properties for my website portfolio. During my search I stumbled upon your site and I must say, the amount of great content and the time you've put into this is astonishing. Congrats on the great rankings and great job on making a really informative site! Now for my question, are you interested in selling your site? If you are, please let me know and we can discuss this further.

    Have a nice day,
    YOUR NAME"

    Easy, huh? Yes, it is a bit shady but it does the job. I have also placed some actual offers on some of the sites, nothing that have been closed but a few serious offers have been sent. Generally, if you can get the person to sell for 10x or less, it is a great deal and you should take it. So it is a two birds one stone method really.

    Make sure to use your real first name as you might actually do business with the person. It is weird if the one contacting the webmaster name is Amanda and then they start to talk with a guy called John. :)

    Enjoy.
     
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  2. The Curator

    The Curator Jr. VIP Jr. VIP

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    Why is 10x the metric just wondering?
     
  3. hekke

    hekke Senior Member

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    It is, generally speaking, a really low offer for a site. Most want/get 20-30x their monthly profit. :)
     
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  4. Adrian112

    Adrian112 Supreme Member Premium Member

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    Yes but I have tons of sites and I get like tons of generates messages like this every day and I just send them in Spam in like 0.003 seconds from opening that email.

    Is someone contact me like this I would never respond, I can't say that everyone will ignore you, but 80% will, for sure.
     
  5. GVSET001

    GVSET001 Regular Member

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    one of my small niche website is generating 6 clickbank sales(25$ each sale) every month. It is ranking on 2nd position for main keyword and on first page for all other keywords.
    25*6 = $150/month and 150*20 = $3000 , so if i sell the site, i will get $3000
    waiting for someone to contact me through my website contact us page.
     
  6. Tove

    Tove Jr. VIP Jr. VIP

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    Well, you probably won't get 20x for site that makes $150 a month. I think it more applies to bigger earners.
     
  7. LatteGrande

    LatteGrande Jr. VIP Jr. VIP Premium Member

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    Lol are you serious? I wouldn't pay more than $200 for that site.
     
  8. K.H.R

    K.H.R Jr. VIP Jr. VIP

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    $150 is really not lucrative amount & Price depends on many others factors. You can aspect Max 2,4* X Price.

    Agreed with Tove.
     
  9. Dvarmin

    Dvarmin Regular Member

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    Another way to test out a niche is using Adwords, though this does cost money but may end up saving you lots of time.
     
  10. Scraper9

    Scraper9 Jr. VIP Jr. VIP

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    LoL some of the comments above are totally hilarious, why you even bother to write such a crap? One is giving 200$ for site which is generating 150$/m, the other is giving "2,4* X" on which planet are you living bros???

    On the OP, yea that approach is working, ofc results may vary it's very important how you gonna reach to the prospect...
     
  11. splishsplash

    splishsplash Jr. VIP Jr. VIP

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    Ehehe, this is a tiny bit shady, but it's a perfectly legitimate business intelligence tactic :)
     
  12. Shadexpwn

    Shadexpwn Elite Member

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    All you have to do is factor traffic volume or amount of people lured divided by conversion rate.

    Don't ever walk too far past calculations, simply use accurate data.
     
  13. albertking222

    albertking222 Newbie

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    Interesting was just discussing this today. Time was that if you came up with an idea either no one had thought of it before or no one had implemented it. Today seems like whatever you think of has already been done.
     
  14. hekke

    hekke Senior Member

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    You'd be surprised at how many that actually reply. It is a shady tactic that most experienced people can see through but it works. Maybe me publicly writing about it will reduce the percentage who reply.

    That's what I talked about in my keyword research guide but wanted to show a more accurate way (if you have success with it). :)
     
  15. The Curator

    The Curator Jr. VIP Jr. VIP

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    You could say that the figure is even higher in most forms of marketing, doesnt mean it's not profitable.