How much traffic can I get?

Hi there, sorry if this is the wrong place.

Basically I have been checking out my keyterms for my website idea and google traffic estimator shows around 20,000 local google searches a month. Competition for these words are low so I'm hopeful I can get top 5 ranking. I wasn't sure though as I am new too this, how much traffic can you really expect from only 20,000 local area searches - doesn't seem like likely I'd ever be able to get the 1k+/day traffic I was hoping to achieve in the long run.

Is there a way to monetize off this, or does it seem just too small a niche.

Thanks for the help

Hey buddy,

First of all about monetizing, I can't really guess cause you didn't give any info about the niche.
About traffic, did you check the exact match ? If the exact match is 20k searches a month, then you can expect ~400uv a day (More or less depends on your CTR on serp)
But that wont block you form achieving 1k uv/day, cause I'm sure there are many other similar keywords in the niche, just try to rank for longer term keywords after ranking for this main one.

Good luck buddy

Thanks for the really helpful and kind response. I should have been clearer, I aimed to monetize using adsense and affiliates which I do believe would be successful in conversion terms, it just doesn't seem like I'll get enough traffic to get where I wanted.

And that 20k figure wasn't from 1 keyword, it was 4-5 keyterms on "as entered" but I'm pretty confident I could top 5 rank them. I know it's hard to say but what sort of traffic do you think I could get from that? Is there a general rule of them? I valued a competitor which has very little key terms and a graph showed it had on average 1k unique visitors each day, sometimes as much as 6k but I don't understand how when looking at the google estimates for the keywords of our fields I don't see how they could?

Think of the millions of people online and what they search for. You don't think a tiny fraction of them would search for your term? If the term is suspicious like a bunch of random letters then obviously something is not right but if it's semi common then yeah, the estimates are typically quite close.

One thing, is wikipedia at the top of any of those serps? If so, then use the wikipedia article traffic tool to see how many hits it's getting. It should be at minimum half of what google says it receives.

As for your competitor, there may be other things you don't see. Maybe he has a PPC campaign, maybe he's known locally, maybe he ranks well for other terms. I know a local website that shows up no where in the serps, while at the same time is said to have daily traffic in the hundreds of people. In reality that website is getting a minimum of 15 000 uv a day ( I found his real stats). You'd never know. There are many sources of traffic.