Sizing The Market For Online Business Opportunities

by Myles Krueger

It becomes very easy to get excited about a potential industry only to find out that it is not going to produce any results for you. Often we find something we are truly interested in, but unfortunately there is not enough demand for that topic and we fall short.

I see this happen often with a lot of businesses where people are struggling to figure out if they have a sizable market for online business opportunities. This makes it a challenge because there are so many options out there and it can be very overwhelming for a new entrepreneur.

There are several ways that you can listen to the market instead of trying to guess what the market has desires for. This will help you decide what type of product you want to put together.

I would suggest first you get some java and then take a trip to the nearest bookstore so that way you can get some answers and also save some gas! If you go to a Barnes & Noble or a Borders go to the area where your books would be located in your niche and check out how many books exist on your topic. The more the better and you want to see a row of books and not just a couple books.

Next you want to type it in Google with parenthesis to see how strong the competition is for your keyword. If you have over 100,000 competing pages then it is probably a little too much to go after initially.

Also you want to check without parenthesis to see how many sponsored links exist. If you have more than ten you are probably doing well with that keyword because that means others have realized there is potential with that keyword and it is worth going after.

Last you want to check the Google Adwords Keyword Tool to see how many searches there are for a keyword on the internet. I like this tool because Google obviously is going to know their own traffic better than anyone and it is pretty accurate. I would suggest checking the average search volume monthly with the exact phrase instead of broad or phrase options because this will really water down your results and give you a realistic or even underestimating traffic results. You want to shoot for at least 100,000 on your average search results.

These are going to be great ways for you to get going. So use these steps and be successful without worrying if you went down the right path.

About the Author:

Myles Krueger is an excellent source for pupils and followers that are searching for a solid online business opportunity at home. Myles also connects well with marketers searching for options for online business opportunities.