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Picking the right niche can make or break your Internet marketing business. Often, people trying to get into Internet marketing often stumble on this step, because they simply have no idea which markets are worth getting into. After all, nobody wants to spend months constructing a website that ends up with very little traffic simply due to the fact that there is very little demand for the topic in question.

So, how does one go about finding hot niche markets? Some Internet marketers suggest choosing a niche that you are either enthusiastic about or are familiar with. While this may work out in the end, the more practical way is to find out what people are really looking for and base your Internet business around that. Figuring out the demand for a particular niche is the very first phase.

One way to do this is to use some free tools, such as the free Wordtracker keyword tool (http://freekeywords.wordtracker.com). Type in a search term and Wordtracker will show you the number of daily searches for up to 100 related phrases. You want to select a term that has a good number of daily searches – any number ten or more is worth considering. You may notice that the fewer number of words in a particular search term, the more searches it generally gets. In ths same way, search terms that contain more words get less traffic, but are by and large easier to rank for.

Then, go to Google (http://www.google.com) and type one of the search terms in quotes. In the upper right hand corner of the search results page, you’ll see the number of pages indexed by Google that are exact matches for your search term. In general, when you are just starting out, try to target terms that have 20,000 or fewer competing pages when using exact match. Anything higher than this will require some heavy duty SEO to rank well.

Once you find that a particular subject that has decent search volume and relatively low competition, it’s time to go over to the Google Adwords Tool (https://adwords.google.com/select/KeywordToolExternal) to see if there is any money in the market. Type in your search term and see if there are many advertisers bidding for your search phrase. If there are a good number of advertisers, it suggests that there is indeed money to be made in your market. If there are no advertisers, the search term you’ve chosen may not be commercial in nature, and thus may be difficult to monetize.

You’ve now found a niche that has excellent search volume, minimal competition, and good monetization potential. Once you know how to find quality niches like these, you will be well on your way to earning some serious money online with niche marketing.

Famed niche marketer Alex Goad is rereleasing his sold-out Google Conquest system on June 16th. Since the launch in December 2008, Google Conquest members have been quietly raking in a bunch of money online, and on June 16th, Alex will finally be accepting new members into this powerful Internet and niche marketing program. This relaunch, known as Conquest Authority, is destined to sell out even faster than the first time. To discover how to reserve your spot, read this exclusive Conquest Authority review and check out this killer Conquest Authority bonus package.

This article was written by Stan Smith a closet marketing anarchist, ad
agency refugee, and samurai copywriter. He can't resist the urge to throw grenades at the Internet marketing establishment and supports stealing from the gurus at every opportunity. In his spare time he hunts smallmouth bass, creates dinosaur origami, and is the head trainer (misfit) at the Web Sales Club