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How to check market potential for a new site?

  1. Tumba profile image61
    Tumbaposted 5 years ago

    Hey all,

    I have got couple of ideas to start a website of my own. I really need help from you guys in terms of letting me understand which all things should I really take care of? How should I start doing a research on the idea?

    Thanks as always

  2. WryLilt profile image87
    WryLiltposted 5 years ago

    The two most important things for finding a niche to write in:

    >Keyword Research (how much traffic those search terms get.)
    >Competition (how many other sites are competing with you for those keywords and how hard they will be to beat.)

    1. netlexis profile image81
      netlexisposted 5 years ago in reply to this

      And once you've got keywords and competition figured out, then you have to decide how to monitize -- adsense, affiliate marketing (and what type).

  3. submitedgeclb profile image60
    submitedgeclbposted 5 years ago

    One frequent business goal is to increase market share. There are three logical ways to capture a greater market share:
    (1) Secure more business from existing customers
    (2) Enter new markets
    (3) Penetrate existing markets to a greater extent

  4. Tumba profile image61
    Tumbaposted 5 years ago

    Thanks to all and thanks to HP... smile

    I will work out to improve my knowledge on keyword research and competition. Finding a niche, is what I find a little difficult. Any suggestions... ??

  5. 0
    Nelle Hoxieposted 5 years ago

    The honest answer is that there is no way to know that. If you understand a valid long-tail strategy, the keyword tools don't work. The keyword tool is also backward looking and won't pick up new trends.

  6. thisisoli profile image72
    thisisoliposted 5 years ago

    Transfer the domains over to me, if they have market potential I will keep them, if they dont I will let them expire big_smile