Residual Income Websites Need Keywords
There are three key elements to building a successful residual income producing website:
- finding a profitable niche
- building a website
- and driving traffic to your website
Most beginners focus heavily on the second step – building the website – but that really its the least important part of the process. The most important part is finding a profitable niche and finding the right keywords that your potential customers and visitors are using to search for.
In general its not so much a keyword you are looking for – its more a key phrase – the longer the keyword phrase generally the less traffic there is, but also generally the traffic there is is more likely to buy: for example if you had a shoe website who do you think is most likely to buy a pair from you:
- someone who searches for “shoes” or
- someone who searches for “girls size 1 pink shoes”
the second person sounds like she needs a pair of pink shoes, and she needs them now! So you may only get a few visitors – but you might make more money because the traffic that you do have is buying traffic.
Think of it this way: how often do you go to a bookshop – and just browse – you may buy – but basically the bookstore is a destination with probably free coffee and comfortable seats – and you go to be entertained. You buy eventually – but not today. The trouble with a visitor to your website deciding “not today” is that they may get distracted and end up at a different website – its harder to remember which website you were on compared to remembering which book shop offers good free coffee!
Compare that to your local convenience store – you don’t go there just to hang out and see what’ interesting do you? No but when you go there its almost certain that you will leave having purchased something – and do you notice how many times you go to the store for milk but come out with several other items as well? If you want to make a residual income from your website – you want to be a corner convenience store – not a bookshop
So don’t decide to build a website about planning a road trip around Australia – just because you are – instead you first need to find out two things
- whether anyone actually searches for “planning a road trip around Australia”
- and how much competition there is
There are lots of fancy tools and ebooks who promise to tell you the answer to these two questions – but Google themselves provide a free tool: the Google Adwords Tool which although there a few tricks to how to use it properly, which I will talk about later and which definitely has its limitations – will get you started on your way to building residual income websites.
So click on the link – type in your keyword you are thinking about and do the following:
- change the search type to “exact” – look for terms which have at least 1000 searches a month for that exact term;
- add the Adsense CPC column in if you are considering Adsense on your website – eve if you are not a CPC of 5cents means that no wants to spend money advertising on that particular terms which may mean you need another keyword
- now check out the competition for that term – do you think you can beat those websites? If you can then you may have found your first niche!
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One Response to “Residual Income Websites Need Keywords”
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Nice post Lis! Very informative.
I have a few questions though which naturally lead from the post you’ve written.
1. How do you get ideas for profitable niches?
2. How much more extra research do you need to do before deciding a keyword is worht pursuing, and what does this extra research consist of?
3. How many backlinked articles do you typically post on the various ‘zines’ to get any decent amount of traffic to attract ‘buyers’ or ‘clickers’?
4. Is there a difference in the type of info you need to be providing to attract a buyer vs a clicker and vice versa?
5. Do you recommend that people start off more than one project, so as not to put all the proverbial eggs in one basket?
6. What do you recoomend for beginners? Starting off sites? Doing hubpages? Domain parking? Amazon style sites??
A key here would be to get some results quick to build momentum and keep motivated.
I know I have asked a lot and potentially opened pandoras box…but hey…..if you dont ask you dont learn! ;o)
Love your site btw.
DP