So far we have done the following:
1. We’ve Brainstormed your potential niche (Find a Profitable Niche: Part 1),
2. We’ve looked at the overall Demand and Supply of your niche main keyword (Find a Profitable Niche: Part 2),
3. We’ve looked at your niche “depth” to assess how many related keywords have a high search volume/ good demand- and which ones are the most popular (Find a Profitable Niche: Part 3).
Now we’ll assess the supply to see which keywords give us the best opportunities- ideally we are looking for popular keywords (high search volume) with little competition (low supply). These are the keywords to focus our niche theme on.
Here we’ll be asking a few questions:
1. Can we win on a large number of in-demand keywords related to this niche? Which are the “best” keywords?
2. Is there a “sub niche” that has enough demand (over 20 000 searches) and low supply, that could be focused on?
To answer these questions, we need to look at the competition.
Overall Competition
Firstly, we will look into the shape of the overall competition. We can get the information by doing a normal
Google search.
The number of results gives an approximate number of sites related to the keyword entered that are on Google’s database. This can be seen on the right corner of the screen.
For example, a search on the term ‘constipation’, gives us a result of 10 400 000.
The values we get for the competition column might seem daunting, but remember this value is for every web page
that mentions the term ‘constipation’.
Now we need to further streamline our research by refining our supply criteria- by looking into the sites that focus
primarily on constipation.
We use the ‘allinanchor’ to streamline the competition.
To do this we need to use the ‘allinanchor’ Google operator which focuses on the keywords present in the text
links that users click on to move from one website to another.
To do an ‘allinanchor’ search all you need to do is enter ‘allinanchor:keyword phrase’ (keyword phrase can be any
term) into Google’s search box.
We can now use this technique to fill in the supply column of our spreadsheet.
Keyword Opportunity Index (KOI) and KPI (Keyword Potential Index)
The last two sets of values are KOI and KPI- calculated from the data that you collected about your theme of choice.
These values reflect the opportunity that each researched keyword presents.
The higher the value the better the keyword.
Its an expression of the amount of demand (squared) D² divided by its supply S. Does it have good demand and low supply? (The ideal situation).
Does it have medium demand and low supply? (Winnable)
Or is there high demand and high supply? (Saturated?)
Lets take a look.
The formula to calculate KOI is D²/S.
KPI is just another simpler way to analyse or read the KOI numbers.
With the KPI we can better compare our keywords without having to struggle with the large cumbersome numbers thrown at us using KOI values. Using a calculator you can work out the KPI by:
Log (KOI value) → (x2) → KPI value
After all the data has been filled in, the table should look like this:
| Keywords |
Global Monthly Search Volume (Broad) |
Competition (Broad Google Search) |
Supply (Allinanchor
+keyword) |
KOI
D²/S |
KPI
Log (KOI value) → (x2) |
| constipation |
1220000 |
10,400,000 |
7,540,000 |
197400 |
10.5 |
| constipation baby |
33100 |
2,050,000 |
1,290,000 |
849 |
5.8 |
| constipation cause |
33100 |
4,560,000 |
3,360,000 |
326 |
5.0 |
| chronic constipation |
27100 |
960,000 |
293,000 |
2506 |
6.7 |
| children constipation |
22200 |
4,190,000 |
3,220,000 |
153 |
4.3 |
| constipation causes |
22200 |
2,860,000 |
2,170,000 |
227 |
4.7 |
| constipation pain |
22200 |
6,190,000 |
4,450,000 |
110 |
4 |
| constipation remedy |
22200 |
1,010,000 |
769,000 |
640 |
5.6 |
| constipation foods |
18100 |
6,250,000 |
1,660,000 |
197 |
4.5 |
| constipation symptoms |
18100 |
4,930,000 |
3,840,000 |
85 |
3.8 |
| cure constipation |
18100 |
1,600,000 |
1,120,000 |
292 |
4.9 |
| remedies for constipation |
18100 |
1,060,000 |
724,000 |
452 |
5.3 |
| constipation help |
12100 |
4,670,000 |
3,290,000 |
44.5 |
3.2 |
| constipation home remedies |
12100 |
611,000 |
216,000 |
677 |
5.6 |
| severe constipation |
12100 |
1,560,000 |
80,900 |
1809 |
6.5 |
Poor potential keywords
Using KPI we can now easily see the keywords at the lower end of the scale.
Any keyword value below 2 has a low exploratory value. There is either a low demand for the keyword, or there is far too much supply and it has been oversaturated. Sometimes these low value keywords can be quite popular, but that popularity has been catered for by millions of websites.
High value keywords
These are the keywords that have KPI values of 6 and over. These normally have good exploratory potential. It often means that the demand is very high and there isn’t enough supply.
Or it indicates that supply is very low with moderate demand levels. There is less competition in general for these keywords.
And your web pages will show up strongly (with high page ranks) in search queries by visitors using these keywords as long as your website is well optimized and adequately promoted.
But be careful of some of these high value keywords.
Certain single keywords don’t count. Some have extremely high KPI values. Where they have fantastically high demand, and supply levels in the millions. These are the hyper-popular keywords (like money, business, health etc…).
Avoid these keywords at all costs.
Try and focus on keywords that are two or more words long if possible (they are less likely to be saturated).
You may find combination keywords that have KPI values of 9 and over but look out for the supply figures.
If they are over 1 million no matter what the KPI values say, they are already too popular. Only pursue these if you are ultra-sure about your possibility of success.
This is the case for “constipation” here.
Is going to be better to focus on a niche within constipation- like “chronic constipation”. It has monthly search volumes over 20 000 (so its big enough to stand as a sub niche alone), it has a KPI of 6.7 (nice and high, meaning it’s not over supplied), and the supply number is way under a million, at 293 000. So it’ll be quite safe to create a website all about chronic constipation.
I’d also use “severe constipation” and “constipation remedy” as core keyword pages within my chronic constipation site.
Looks like I found a great niche!!!
Intermediate AdSense keywords
Keywords with Keyword Potential Index values over 2 are worth some consideration. They are not ideal but they could have some potential that you can explore to your benefit.
Keywords within the 2-6 range can have a peripheral, stabilizing role on your website. These words (and their synonyms) can be scattered liberally all through your site.
Those keywords at the upper end of the scale can even act as page-specific keywords if you don’t have enough high value keywords to use.
Just a note here: After doing a Brainstorm It with SBI’s Brainstormer Tool, it returned the following HIGH PROFITABILITY keywords related to constipation
SBI “constipation” Keywords with high demand, low supply and excellent profitability
what foods cause constipation
foods that cause constipation
foods that relieve constipation
what causes constipation
constipation in dogs
constipation in cats
constipation in toddlers
foods for constipation
cronic constipation
newborn constipation
relief for constipation
canine constipation
constipation after surgery
constipation in babies
mineral oil for constipation
natural cure for constipation
As you can see, this tool is far superior to the free Google Adwords tool, giving you exact value demand, REAL supply and profitability in the click of a button.
See how many more profitable keywords came back- and they are REALLY profitable (they’ve been put through the Tools “profitability” filter)
So you have a good choice of keywords to create your pages with.
SBI’s Brainstorm It gets my highest recommendation. I don’t think anyone can afford to build a site or blog without it.
Now that we’ve found our sub niche and a few highly profitable related keywords, we need to broaden out and expand the number of keywords, so that we can write lots of content filled pages on our site using sub niche relevant keywords that will be found by loads of searchers.
Go here to Expand Your Keywords: 5 Steps to Find a Profitable Niche: Part 5- Expand your Keywords.
Have you read the overview article Niche Business Ideas: Niche Business Ideas for Online MLM? No? Well, go ahead and read it next.