Make The Money Blog

(A 5 part series on making money online)

If you missed it, click here to read part 1
If you missed it, click here to read part 2

Part 3 will discuss the competition for your niche.

Competition

Many people will tell you that you should always choose a low competition and high CPC, however this is like finding a needle in a haystack! Competition online is not nearly as important as your marketing efforts, especially if you know about SEO optimization. If you have strong knowledge of your niche (subject or topic) you can choose the most competitive niche, as your experience and knowledge will allow you an advantage of many websites that are merely trying to capitalize on the keyword without an intimate knowledge of that niche.

So do not be afraid to enter a field that has very high competition. Your choice needs to be directly related to how aggressive you will market your website and how intense your knowledge is in that niche. For example, Forex is a highly competitive area, and has very high CPC (as much as $15), if you are an expert in brokerages, trading, stock markets and currency, then this is an ideal market for you. On the other hand, if you know very little about the subject, you will struggle to make your first dollar.

Think Wal-Mart

Competition in an online business is not highly relevant, just like it is in the offline world of business. If you were to start a business in the brick and mortar world, would you really worry about how many other businesses that will compete with you? For example, Wal-Mart does not weigh heavily on how many other discount stores are in an area when they propose to build one of their stores. They know they will be competing with grocery stores, discount clothiers, toy stores and pharmacies. Yet, they will still venture into an overcrowded market.

The reason Wal-Mart is able to do this, is because they offer discount merchandise, they have a well-known brand name and they know their markets. In the same respect, if you enter a market that is overcrowded, you must offer something others do not. This will set you above that competition and allow you to capture a larger percentage of the market share.

Look at the aspect of competition in an online business, if there are millions of websites related to your niche, and you are going to look like all the rest, you will have a tough time in competing. However, offer more value, and use wordpress SEO secrets as well as something to keep your market coming back to you and you will be able to compete even in the most overcrowded niches.

Beating The Competition

It also should be noted that if you commit yourself and dedicate resources to aggressively promoting your niche website, you would find that you could beat out much of the competition. Mainly because many niche sites are not heavily promoted, as many Internet Marketers attempt to put everything on ‘autopilot’. So, do not be afraid to enter a competitive niche. Dedication, aggressive promotion, and knowledge in your niche will help you succeed.

To determine the competition for a particular keyword, you can go to Google, or any search engine and type the keyword. Use quotation marks around long-tail keyword phrases to see how many websites use that phrase. The total number in the right hand corner of Google will tell you the resulting pages. This is the number of competitors you will have for that phrase.

Again, remember it is not the number of competing webpages, as much as it is your method of getting higher ranks and aggressive promotion. You can learn more about traffic by looking into this guide, 3 Steps To Search Engine Success

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This concludes part 3, stay tuned for Part 4 (Advertisers)…

As summer approaches, there are many people, students and adults alike looking to supplement their incomes over the next several months. This annual event of job seeking snares hundreds of thousands of temporary workers into somewhat mundane tasks working for minimum or slightly more than minimum wage.

Although it is a noble effort to seek employment, the truth is many are doing it to occupy their time and have a little extra spending cash. Well, to those that are looking to build a better bankroll, I have a great suggestion!

Take this opportunity to consider building a small business of your own on the Internet. Most people on the internet are already savvy enough to jump right in, and with a little help and direction, it is quite possible to not only make an online business a summer affair, but a long term venture.

If you start a business online, and properly form this business, you will earn cash online throughout the summer and even into Christmas, the next annual event when temporary workers again look for employment to supplement their Holiday buying frenzy.

Starting a business online can be as simple as getting a free blog through wordpress or blogger and putting in adsense, affiliate products or CPA (cost per action) offers to generate an easy few hundred dollars each week. It is not important to understand all the terminology or learn the whole business before you begin. Many people have merely bought one of several dozens of making money information books to learn the ropes.

I strongly recommend looking at some of the top business opportunities offered on the Internet Business Review site and choosing one of these to get you started. All of these programs are user-friendly and well document for quick implementation. It is easily possible that after you begin to build your business, you can have lucrative passive income that you do not have to ‘work’ for or ‘look for a job’ every season.

Good luck and thanks for reading this, if you need any additional info or help in getting started let me know, I am always available to help the ‘new guy’! And remember, bookmark this and tell all your job-seeking friends! (You can even form cool partnerships with them for a powerhouse of a business)