How to make big bucks with running websites in hot niches
In my recent post on money niches to target with your new websites I mentioned those industries that look quite attractive if you plan to make money with:
- Link sales (though Google does not like it, so it can turn out to be a short term strategy)
- Link rentals
- PPC campaigns (it is advisable to run PPC campaigns on niche related websites, otherwise there is a high probability to get low quality score or get domain slapped)
- Pay-per-post sales (with top service providers – SponsoredReviews, Pay-Per-Post, ReviewMe, Blogsvertise).
If you have in mind a long term target to get high rankings in search engines I think we should accept it as a fact – it is next to impossible to get into Google top 10 with the general websites in the mentioned niches. Of course, some ‘if’ apply – if you do have unlimited promotional budget and etc. But let’s be realistic – it is IMPOSSIBLE to dominate organic SERP’s with those websites of mediocre quality.
If you do want to get organic traffic or even dominate search engines then you should move in a quite different direction:
Yes, I know the idea is not new and there are excellent and FREE tools that help to implement this technique:
- Seomoz buzz tool
- Wordtracker top searched keywords lists
- Google Trends
But do you apply this technique? Starting this fall I try to combine now these both techniques described in the referred and this posts (I started 10 sites recently).
What pushed me to use hot niche approach? It just happened that I have come across a website for sale on sitepoint.com where the guy was selling a Windows Vista website.
The listing was up just a few weeks ago, I am not sure if he sold it or not. The guy writes:
I will accept offers min of $50,000, ‘buy it now’ – $75,000, current monthly income – $4,000 (95% – AdSense), traffic – 100,000 uniques per month, all organic!
And I did a quick research of my own:
- The website is online since Sept. 2006 – so, just one year (see monthly earnings stats and sale price request = HUGE ROI)
- Google shows 43 inbound links (yes, I know that the tool does not display all links, but it is an indicator anyway). I did not check the quality of those links though.
- Google search engine saturation – just 581 pages
- Content – some unique, but most articles collected on the web, various types posts incl. videos and graphics.
- Design and platform – some blogging platform (I think WordPress) and a very simple theme (probably unique).
So, my conclusion (and plan):
- spot HOT niches where there is money,
- buy a good domain
- post lots of mixed content – unique and duplicate, get tons of traffic,
- monetize it with AdSense (add some affiliate programs if available)
- then sell it in a year or so for a very nice price (or keep running it until you find a buyer for your expensive project).
Certainly it is good to start a few websites of this kind. Not all gonna be killers, but 1-2 are enough, do you agree?
[tags]affiliate marketing, seo, ppc, text links, paid reviews, make money, income[/tags]
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