Earn money online: the first prerequisite for online success
The first prerequisite for online success is researching a target market. Any business thrives on its ability to meet the needs of a certain group of people, to solve a certain problem, or to improve their lifestyle in one way or another. In some cases, a company even solves a pain that the target market is experiencing.
The first thing you need to do before starting your online business is to decide what you are going to sell online. This will be based on an intricate balance of your interests, training experience, and hobbies, as well as the actual profitability of any niche markets you can find from your life experiences. You will need to do a thorough assessment of your experiences and hobbies followed by some short keyword research
(has) Your hobbies and interests: To give you a clear picture, I am going to give you two examples.
(i) Let’s say you are a sales copywriter with a track record of twelve years of successful copywriting. He could easily write an eBook on “How to Write Great Sales Copy” or “Insider Secrets for Overcoming Your Prospects’ Resistance to Buying Using Psychological Triggers.”
(ii) Suppose you own a successful candle making business. You could write an e-book called “How to Start Your Own Candle Making Business”.
I hope you get the point here. The things you do with ease every day could be the very information someone on the web is desperately searching for. You could easily take advantage of that to make money online.
If so, lucky you are. But it doesn’t always happen that way. Not every hobby, interest, or experience presents profitable business opportunities that you can take advantage of to make money online. Before you invest a penny in developing that fantastic eBook proposal based on your hobby, you need to determine the profitability potential of the idea, and that brings us to our second sub-topic, which is keyword research.
(b) Keyword research: When someone searches for something online, their first step is usually to search their favorite search engines, right?
What does that mean to you? If you could keep track of what people are searching for online, then you could easily determine if your idea is profitable or not. But you’d have to be the president of Google or Yahoo to do that, right?
Rather, you can easily dig deeper into what people are searching for online using the various keyword research tools available online. Some are free and others are paid, but they are usually effective for this task. There are three that I especially like and that have been very useful to me.
1.Word Tracker:
2. Google Keyword Tool
word tracker: This is a great tool that shows you searches for any keyword you enter. Word Tracker combines data from multiple search engines and will tell you exactly how many times a phrase or term has been searched for in the last 60 days. Although Wordtracker isn’t exactly free, a one-day free trial is available.
Tea Google keyword tool is another great keyword tool developed by Google. It was developed for Google’s pay-per-click service, popularly known as Google AdWords. This tool allows you to see how often a particular keyword or term was searched for. It also suggests related terms and lists the number of times they were also searched.
You can find the Google Keyword Tool by typing “Google Keyword Tool” in the Google search box.
Finding a potential market is something you can’t leave to your gut or luck. You should do some simple keyword research at a minimum before writing a single word based on that great idea you thought of last night.
It wouldn’t feel like a lot of work if you’re really motivated to make money online and I think you are. so take the first step towards your online success and brainstorm for ideas. That is your safest way to earn money online.