How long does it take YOU to find a niche?

Cynical

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I've been searching for nearly 3 hours now and I still can't find a single profitable niche to use.

I am quite new to IM, and maybe you guys could share your tips?
It seems like all profitable niches are dominated.

How many local monthly searches is the limit? Ex: 5k+ monthly searches.
How many "Search results" or competition is the limit? Ex: Less than 40k results.

By the way, sorry for my 1 post. I lurk quite a lot, but hope to change that.
 
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Check out google trendz and then search for the keywords on adwords keyword tool

If u want to start for making money u can try adult affiliates / dating
 
Check out google trendz and then search for the keywords on adwords keyword tool

If u want to start for making money u can try adult affiliates / dating

I was thinking about trying adult affiliate and making an adult website, though I wasn't sure about it. I was also thinking about making an adult forum where I would allow people to buy VIP membership, though I don't know what to offer the VIPs.
 
It seems like all profitable niches are dominated...I lurk quite a lot, but hope to change that.

Well, you're not off to a very good start with a name like "Cynical". There are thousands of places to look for profitable niches, so I think you're just not trying hard enough. Here are some of my favorite ways to come up with potentially profitable niches that can be dominated if you have the skills, the desire, and the resources. (Creativity also helps.)

  • Magazines
  • TV and radio commercials
  • Discreetly eavesdropping on people's conversations at coffee shops
  • Product catalogs in every imaginable industry
  • Trade journals
  • Items laying around the house
  • Amazon.com
  • Looking at ads on popular websites (think news and entertainment sites)
  • Looking at ads in email messages (banners in Hotmail and Yahoo, AdSense in Gmail)
  • Discussion forums (see big-boards.com for starters)
  • Shopping.com
  • Looking at eBay "Completed Listings" for various items to see how well and how often they sell

That should keep you busy for awhile. :)
 
Good information, I agree that trade journals and "classifieds" are a great way to look for niches initially. The more people doing it, the more money is in it.
 
@195471:

I hope the OP will take your advice. I also use most of the resources you mentioned and found some great products to promote that made me some nice profit.
 
- 195471

It's just a name, relax. :)

Anyways, thanks for that great list.
I've tried almost all of these methods except maybe looking at ads. I guess I'm just not trying hard enough or I don't have the right mindset for IM.
 
How many local monthly searches is the limit?
For me it's at least 3K exact global searches per month.

How many "Search results" or competition is the limit?
I suggest you shouldn't base your competition on search results. I totally ignore them when I'm searching for niches. I just inspect the first page of my prospect keyword to gauge the competitiveness of my keyword - The less PR/backlinks of the sites in the first page have, the higher the chance you'll rank for your keyword.
 
It takes like 20-30 minutes max.

All you need is G Ad wo rds and Alexa.

Go for it Tiger!!!
 
It seems like all profitable niches are dominated.

True, profitable niches have lots of competition and are dominated. But what you can always do, is using tools like the Google Wonder Wheel to dig deeper. This way you might find interesting sub-niches with much less competition that are worth to go after.
 
Its not so much trying to find a niche as it is trying to understand the angles you can attack the niche and actually put in the effort to do so. I've found a great way to find niches however it still requires a decent amount of work to get something up and finalized until you get $ rolling in. If I can give any advice, while you are LOOKING for niches get an idea of what people are doing in each niche, that way if you find one which isn't using certain techniques you might be able to apply them.
 
-Aremys
How much PR/backlinks before you get scared away?

-peter2002
Hmm I've never heard of the "Google Wonder Wheel". I'll have to use that.
How much potential do sub-niches have?
 
Check out google trendz and then search for the keywords on adwords keyword tool

If u want to start for making money u can try adult affiliates / dating


I have to disagree about the adult affiliates. Doing adult is a lot harder than doing mainstream. I have had an adult niche TGP for over 3 years and all it makes is 200 dollars a year at best, getting organic traffic for it is nearly impossible! :eek:
 
-Aremys
How much PR/backlinks before you get scared away?

Well, it really depends on your backlink strategy and how much time you want to dedicate in backlinking your sites.

As for me, I'm doing MNS so I'm expecting my sites to be on the first page after two weeks with minimal backlinking. That said, picking low competition keywords is a must - I'll go for the keyword if I see some PR0's or PR n/a's in the first page and I'll be "scared" away if I see at least four PR3 or higher pages.

I'm not saying this THE right thing to do though. In fact, it's a bit conservative approach considering we have access to some blackhat strategies here. It's just my preference.
 
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The biggest problem i find with these niches is its a bitch ranking number 1, it takes forever to get ranked in the top 10 then its a struggle to reach number one.

I do the balls to the wall aproach and just spam as much as possible with ping like crazy. Then i will usualy put some ezine articles up to get the serps in then hit them with some directories i like.
 
3 hours isn't much if this is your first time out. I think it took me a couple of weeks
and then I realised I had SEO'd wrong.
 
- Fireboltgirl

What is it that you did wrong? So that I don't make that same mistake.
 
Takes me like 1 minute of brainstorming... IDK how people struggle to find niches :/
 
It took me ages to find a good niche. Everyone kept saying find something your interested in....well that kinda works but people may not be looking to buy something that your interested in (or it's got really high competition). Think about why you use the internet.....mainly to solve problems. If you don't know something you look it up. And what are the main things people look up?
Health
Wealth
and love

You can always find something using google keyword tool like putting in
"How to eliminate" and see what pops up. After that you get a fair idea, you can then use the sources above.....or put that same keyphrase into google and use the wonderwheel (click on "More Search Tools" on the left) like Peter2002 suggested.

Hope it helps
 
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