Would you buy a niche idea for $100
- Thread starter darenet
- Start date
I'm not sure a lot of people here would bite. Those of us who are already working in niches that are competitive already know how to target niches or we wouldn't be working. THEN - we throw them against the wall and see if they are "great" or not. In a lot of cases, the 10 percent that are great pay for those other not-so-good ideas.
I would have to wonder why you don't use your niche ideas for yourself - that's what I do.
I second this.
There are already few such services at BHW. Some are monthly subscription services that provide low competitive keywords every month (same set of keywords will be shared among all members here).
Whether I buy or not, I'm pretty sure that there will be lot of people interested in this type of service. But you must be very focused.
For ex, Your keywords are focused on adsense/affiliates/own products etc etc.
Lot of my clients ask for 100+ low competitive keywords every month just for adsense. You can focus on newbies that don't know how to do keyword research and large marketers (they will buy bulk) that don't have time to do keyword research.
Just try to sell few, you will know how to take it to next level!
All the best.
THREAD HIJACK
The problems with this type of product are
1. Scaling is one gigantic son of a bitch.
2. Valuations/ trust are a huge factor.
I've had a pretty significant amount of success running pay what you want for a beta test.
Scaling is just plain ugly though. If you want to be able to provide any sort of perceivable value to your customers you need to build a back end that can-
Run hundreds of thousands to millions of queries every day.
Deal with highly sophisticated scraper protection systems on various keyword metric data sources.
Come up with a review system for dealing with the heaping pile of shit that your scrapers will dump on you before moving to competition / revenue analysis. - In many categories, 99% of your positive results will be other peoples brand names and stop word loaded long tails.
Provide relatively accurate automated competition analysis - This is actually far easier then you would expect since you dont need to create a scaling system. - Niche research is about lower end terms so you can really tailor the metrics.
Come up with some sort of potential revenue analyzer - No you cant just multiply the friggen cpc and search volume. Theres a variety of other metrics such as number of advertisers, the average price of shopping results and other things which are far stronger and more useful indicators
Create a series of flags to show you whats worth manually reviewing. - This parts relatively easy, any smuck can write a few if statements or just manually scan huge spread sheets of stuff and grab what catches the eye.
Assuming you manage all that. - Only possible if you know or are a certified genius programmer -
Then you need to come up with a sales channel, and create enough credibility that people are willing to risk their monies on your potentially useless data.
Keep in mind, not only will you have tremendous start up costs but most credible solutions will burn proxies like gas or slap you with thousands in api usage bills.
The problems with this type of product are
1. Scaling is one gigantic son of a bitch.
2. Valuations/ trust are a huge factor.
I've had a pretty significant amount of success running pay what you want for a beta test.
Scaling is just plain ugly though. If you want to be able to provide any sort of perceivable value to your customers you need to build a back end that can-
Run hundreds of thousands to millions of queries every day.
Deal with highly sophisticated scraper protection systems on various keyword metric data sources.
Come up with a review system for dealing with the heaping pile of shit that your scrapers will dump on you before moving to competition / revenue analysis. - In many categories, 99% of your positive results will be other peoples brand names and stop word loaded long tails.
Provide relatively accurate automated competition analysis - This is actually far easier then you would expect since you dont need to create a scaling system. - Niche research is about lower end terms so you can really tailor the metrics.
Come up with some sort of potential revenue analyzer - No you cant just multiply the friggen cpc and search volume. Theres a variety of other metrics such as number of advertisers, the average price of shopping results and other things which are far stronger and more useful indicators
Create a series of flags to show you whats worth manually reviewing. - This parts relatively easy, any smuck can write a few if statements or just manually scan huge spread sheets of stuff and grab what catches the eye.
Assuming you manage all that. - Only possible if you know or are a certified genius programmer -
Then you need to come up with a sales channel, and create enough credibility that people are willing to risk their monies on your potentially useless data.
Keep in mind, not only will you have tremendous start up costs but most credible solutions will burn proxies like gas or slap you with thousands in api usage bills.
And there I was hoping for no competitors :angryfire:Built it. Launching in a few weeks.
O well lifes a bitch.
This is a very interesting notion, to market niche research or niche advice - which is ultimately what it is, a guide of sorts. Tough thing about that is each niche can mean different things to different people - or specifically traffic and so on. What I mean is that I can see niche research either becoming so finite that you have too much research for too little a payout, because you narrowed your focus too much, or the exact opposite where you broaden the niche research to encompass more, so that you are more profitable.
This is a pretty good idea for a base, you just have to tweak it and figure out which direction you want to go in, more specific or more broad...or both if you have the time and money :xmas-smiley-016:
This is a pretty good idea for a base, you just have to tweak it and figure out which direction you want to go in, more specific or more broad...or both if you have the time and money :xmas-smiley-016:
The first part of generating keywords I solved it using some paid tools, can get thousands of non-navigational keywords semi-manually.
The second part, thanks, i figured I also introduce a metric such as AdWords competition.
To illustrate, here's one kinda good keyword it got (not the best one but enough to illustrate):
heat gun
has pretty low competition in terms of links in top 20
8100 searches
$2 CPC (or similar different tools how different numbers damn but this is a number just to give an idea)
pretty high adwords competition
So what do you think?
If you offered aggregate value to the package, you might raise interest among WFers, I mean, there're guys who are so busy they don't have time to do everything. If you offer nice niche research, plus a good integrated theme and maybe some unique articles you would offer a kick ass service. After all, quality is your presentation card.
