If you want to learn how to build a money making website you need to be willing to learn some tools of the trade. Internet ventures can be very profitable and they have the added advantages of convenience since it is possible to work from home and low overhead costs since there is no need for employees.

Plan Your Web Site

Niche research is about finding a profitable niche that you can build a site around and also about finding keywords that you can use for your site. Having a profitable niche market is important for online and offline ventures. The niche market should be accessible, it should be large enough to generate profits, it should be based on people who are passionate about what is on offer, and the targeted market should have disposable income.

 

A. Find A Topic You Enjoy

CheckIf you have a hobby or past work experience that you really enjoy then take advantage of that. If you don’t then simply go to websites such as Amazon, Ezinearticles.com, and eBay and go through their category lists. Find a topic that sounds interesting. Here is a list of 12 niches and topics to get you started…

  • Sports
  • Gardening
  • Self Help
  • Pets
  • Child Care
  • Weight Loss
  • Muscle Building
  • Cooking
  • Toys
  • Crafts
  • Music
  • Remodeling

B. Demand and Competition Research

CheckYou need to do some research and make sure that other people are looking for information on your topic. One way to do this is to use keyword research tools such as Wordtracker or AdWords Keyword Tool, which is free. You should begin by searching for you topic keyword and see if there are searches for it.

If you get into a niche that is too competitive then you may have trouble getting a lot of traffic to your website. On the other hand, competition is not a bad thing because its also an indication that its a profitable niche. You want to get a sense of how many and the kinds of websites are out there already in your niche. Do they have large sites? Do they have high google page rank? There are many things you need to consider in competition research.

Great Keyword and Competition Research Tools

Google Keyword Tool

Wordtracker

Micro Niche Finder

Market Samurai

Traffic Travis

 

Get A Domain Name

If you want your own a website then you’ll need a domain name and what niche you choose will determine your domain name. Domains names have become a hot commodity. Whatever domain name you decide to get it should gives users a sense of what your site is about. There are services out there that will allow you to host a blog without a domain name such as Blogger.com but using your own domain name is always the best option.

Godaddy

Moniker

Namecheap

.COMs

When looking for a domain name you want to try and find a .COM domain. However, good .COMs are still the most popular and are become harder to find.. Your next best option is either a .NET or .ORG.

Keyword Rich Domains

Ideally you want a domain name that contains the keywords for which your site is about. Exact keyword domains are domains that contain the exact keyword phrase that users are searching for in the search engine. This is the best type of domain but exact keyword .COMs will be hard to come buy. An example of an exact keyword domain is DogTraining.com. The next best would something close such as DogTrainingCentral.com. The second example is not an exact domain but still has the keyword in it.

Keep It Short

You want as short of a domain name is possible because it will be easier to remember. Generally you want to keep your domain name under 21 characters.

Hyphens or Not?

Ideally you should not get a domain name using hyphens, however this can be a good second option if the non-hyphenated version of the .COM is not available. The only problem with hyphenated domains names is that it makes it more difficult to tell people your domain name which can be a problem if you plan on doing any offline markting. An example of a hyphenated domain would be Dog-Training.com.