A few days ago, a friend asked me, “Can you help give me ideas to improve on my traffic and to monetize?”
Today I realized how my reply was the basis of a fantastically easy niche strategy.
A simple way to harness the power of Niche Inspector to build a system for strategic website growth.
I have built a free niche strategy tool for you.
First, let me explain how I came to develop this free niche strategy tool, and how it works.
My friend’s site is based on a fairly tight niche activity, but I noticed related words, particularly for equipment required for that activity. By way of example, let’s assume that you are hooked on calculating. With today’s emphasis on fighting the effects of advancing years by exercising your brain, you might set up calculating-for-health.com (first person to do this can e-mail me for some publicity - let’s face it you will need all the help you can get)
So assuming the site was about calculating, I also researched calculate and calculator. Depending on the speed of the Internet, this takes from 5 to 15 minutes, my example took 9.2 minutes total, plus the time it took to type in the keywords. On my friends site, this gave me 300 keywords, but this niche is so tight that we only manage 205. If your heart is set on wasting your time in this niche, you might easily think of a few related keywords to add, including obvious misspellings that I will write about on another day.
Oops, I still had the settings on Germany (see my previous post). The demand and profitability did not look good enough to sustain a profitable site. They might in a US, or global market. If they do, remember where you got the idea.
Back to my story.
By sorting on the appropriate column headings, I quickly produced 4 lists of 20 keywords that meet different aspects of a good niche strategy. There is some overlap, but the combined list should give you enough topics to get a website big enough to get noticed.
In the example that follows, I have kept all the keywords in place. In real life, I would have deleted terms that did not fit in with my theme of calculating for health.
Niche Strategy To Exploit Maximum Revenue
Look for the big earners. What are advertisers paying for? A quick click on Niche Inspector’s Broad Match CPC button shows the top 10 to be:
- student loan consolidation calculator
- debt consolidation loan calculator
- loan consolidation calculator
- refinance mortgage rate calculator
- mortgage refinance calculator
- refinance calculator
- retirement planning calculator
- home equity loan calculator
- calculator card consolidation debt credit
- reverse mortgage calculator
In this case, most of the high earning clicks have several advertisers, but some only have a few. I have seen what happens when there are only a few advertisers. Their budgets soon get used up and you spend half a month displaying public service ads. We need a more diverse niche strategy.
Niche Strategy For Most Consistent Revenue
Look for popular advertising keywords. A quick click on Niche Inspector’s Number of Google Ads button shows the top 10 to be:
- debt consolidation calculator
- student loan consolidation calculator
- debt consolidation loan calculator
- home equity loan calculator
- calculator card consolidation debt credit
- mortgage refinance calculator
- debt calculator
- mortgage rate calculator
- retirement calculator
- refinance calculator
As you see, a few overlaps, but I’ll cover this later. Before that, there are another couple of aspects to our niche strategy that generate two more lists.
Niche Strategy For Maximum Traffic
Look for high search volume keywords. A quick click on Niche Inspector’s Searches button shows the top 10 to be:
- mortgage calculator
- calculator
- loan calculator
- love calculator
- bmi calculator
- online calculator
- auto loan calculator
- ovulation calculator
- tax calculator
- pregnancy calculator
These high volume search terms form our main longterm targets. On our website, they will often form the Tier 2 pages, or Main Categories, depending on how we build our website. This is really a topic for at least one separate article (send me a message if you can’t wait). To complement them, we need some short term topics that will get us started quickly.
Niche Strategy For Quick Easy Traffic
Look for keywords with high search:results ratio. Though Niche Inspector includes this simple ratio, it is better to use a demand weighted ratio called KEI. If you don’t know what KEI means, I will explain it better in a future article. If you do know about KEI, e.g. from WordTracker, don’t get too excited about the big numbers - they are due to me using the allintitle command, which I will explain in a separate article. A quick click on Niche Inspector’s KEI button shows the top 10 to be:
- formula to calculate mortgage payment
- weight watcher point calculator
- due date calculator
- weight watcher online point calculator
- calculate chess tactic
- calculate child support payment
- calculate due date for pregnancy
- calculating square foot
- mortgage calculator
- car payment calculator
How Do 4 Lists Make A Niche Strategy?
To build a workable niche strategy, you need a system. 4 lists do not a niche strategy make, so let us build a proper working model. With a few simple clicks, the Niche Inspector Keyword data is transformed into a niche strategy spreadsheet.
After opening Niche Inspector’s CSV output in Google Spreadsheets, I added some ranking and other columns. The extra columns are:
- Notes
- Just a spare column for you to add some notes
- CPC Rank
- After sorting by column U (descending CPC) I numbered the top 100 in descending order. If you need help preparing a copy and paste list, or any other aspect of Google Spreadsheets, just ask. You can sort by other CPC columns and vary the number of keywords you rank. I just picked 100 out of thin air - there is no significance.
- Ads Rank
- All these ranking numbers are prepared the same way, by pasting (or typing if you like spending time on the number pad) in the 100 to 1 number list. Before you do this one, sort Column T (number of Google Ads) in descending order)
- Search Rank
- Sort by column J (Searches) before pasting in your 100-1 list as above.
- KEI Rank
- Sort by column L (Google KEI) before pasting in your 100-1 list as above. There are actually some good reason why to choose some of the other columns, K to S, at this stage. Remind me to write a separate article on this some time.
- Total Rank
- This helps you to prioritize which keywords to write about first. The unranked ones may have some value, but by the time you have written 193 pages, your content will probably being driven by your visitors anyway.
- Date Done
- To help you keep track of where you are, after you have published a page, type the date in this column. Before you do this, it is a good idea to click File - Spreadsheet Settings and choose your country, which sets an appropriate date format.
- URL
- When you set the date, as above, you can also paste the URL here. Sometimes, I make more than one page for a keyphrase, with words in a different order, or pluralized, or slightly different in some other way. In which case, I leave the Date Done blank until I have published all the pages.
Your Own Niche Strategy Tool
You can view the published version of this Niche Strategy Tool. This online document is completely free, but limited by it’s static nature.
If you want to play around with the dynamic Google Spreadsheet, send me a message via my Contact Page, and I will add you as a collaborator. This will allow you to play around with the figures in the model, or if you are a Niche Inspector owner, you can paste in your own keyword data. In either case, you simply save your own private version of the spreadsheet and you have your own prioritized site plan.
If you want me to do your keyword research and build a model based on your own site concept, it’s $20 for your own 3 keywords. If you do not have a clue where to start, I will even find a niche for you.
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