I decided to try out the brainstorming function of Niche Inspector to seewhat kind of profitable niches I might come across.  Using thebrainstorming function of Niche Inspector I was provided with 25 keywords to work with

Roomba - The Roomba is a robotic vacuum cleaner made and sold byiRobot. TheRoomba was first released in 2002 with updates and new models released in
2003, 2004,2005,2006, and2007.  As of May 2006, over 2 million units have been sold.

This niche looks saturated as the highest KEI with the seed word of “Roomba”  as 22.1.  I have to admit this one keyword was a big distraction for me because of my past in digital electronics and robotics while at DeVry.  There is a book out on how to hack these robots you can learn more about here

diapers - Only has five possibilities with KEI over 100. Based on theprofitability indicated by the profitability indicated by the BroadMatch CPC values I wasn’t too excited …. The KEI on the seed word diapers is excellent but isn’t very specific.

measuring cups - total waste of time

halo combat evolved - only has 1,952 searches and that has been saturated
with a KEI of 1.21

baby booties - Well I thought that I might find something worthwhile here
but the KEI isn’t there.

potato peeler - hmm…

Well I am not excited with any of the ideas that the brainstorming feature of Niche Inspector provided me so I will be checking myWhat’s Hot Resources for some ideas on profitable niches or look at using some of the popular tags from Technorati

Popularity: 32% [?]

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I was catching up on reading at Pat B. Doyle’s blog and came across some interesting statistics she was sharing regarding her Adsense earnings from her boring blog project.

I highly recommend reading her post along with the previous articles pertaining to how she built the blog.  This can be duplicated with any niche.

In her keyword research she utilizes Google Adwords Keyword Tool, Seobook Keyword Tool, Keyword Elite to find keywords that have a good KEI and are profitable.

For Content she uses content from Article Directories.

Here is a sniplet of what she writes:

Keep those dates in mind while looking at the table below. These are my AdSense earnings for the blog since I started it. Per Google’s terms of service, I am not allowed to give click-through rates or amounts per click.

Click Here To Read Entire Post

What caught my attention the most is in November with only 295 visitors she generated $11.49 in Google Adsense revenue. 

NOTE: Per Google’s terms of service, She is not allowed to give click-through rates or amounts per click.

Now compare that to a few portals I did in the past prior to paying attention to KEI and profitability.

free electronics       259      $6.53
Hairloss Solutions  147       $5.53
BestFishingTips     2,080   $4.54

The Free Electronics portal is about half as effective as Pats Boring Blog Project, Hairloss Solutions is close (This portal was generated by Traffic Equalizer) and Best Fishing Tips you can read why it sucks here.

A Side Note About Traffic Equalizer

I mentioned the Hairloss Solutions  portal was built with Traffic Equalizer.  A word of caution, if you use this product be sure to integrate the resulting site with some articles.  The pure link farm search portal that Traffic Equalizer generates will initially do well until google deindex’s you. 

Last year I had a Dog Accessories Portal which started pulling 7,000 impressions a day and earned over $900 in google adsense over a 4 day period.  Them BAM, it dropped to $5 a day when they pulled the plug and deindexed the entire domain.  You can see that old site here

I would love to hear feedback on Pat’s Article and my observations along with any personal experiences.

Regards,

David Riewe

Popularity: 31% [?]

Sara Christensen over at Pajama Professional has an excellent article covering the three essentials of a Profitable Niche.

1. High Demand
2. Low Supply
3. Profitability Potential

She makes her references to the report How to Uncover Red-Hot Niches With A Simple Step-By-Step Formula by Myleena Pham which you can download here

Sara also gives some additional tips on finding Hot Niches not covered in the report

Another great way to check profit potential, not mentioned in the Red-Hot Niches report is Clickbank. Clickbank has some great stats available. You can check price, commission, conversion, even how much of the profits are returned by affiliates. Even if you aren’t planning on referring someone else’s product, you can still use these numbers to determine whether or not there is an interest in the topic. If there are products in the niche selling well on Clickbank, then chances are related products are selling well elsewhere too.

Click Here To Read Full Review

Popularity: 40% [?]