Profitable Website Ideas – In Just One Click?

Your probably thinking one of two things right now:
” Yeah, right” or “Show me where I can get these profitable website ideas in just one click”

I’ll share with you later how you can get a ready researched idea with just one click of your mouse.

When you get a bright idea for a website, if you know the process to follow you’ll be able to very quickly assess it for its profit potential on the internet.

Here’s my 7 step checklist for assessing profitable website ideas.

Step 1. It’s important to choose a subject that you have some interest in, so you won’t get bored, after all this is a business you are setting up, so you want something that excites you enough to keep going.

Step 2. Make a list of your hobbies, passions and areas where you have some expertise or life experience.  Perhaps you’ve overcome an illness via alternative means, successfully adopted a child. just let the ideas flow.

Step 3. Select the 5 from your list that most interest you and then investigate each one, reporting your findings in a spreadsheet for easy comparison.

Step 4. Think about who can benefit from your information? Where are they, what do they do, how do  they access the internet, are there sites or groups where your potential customers gather? Build a profile of your “ideal” client. Age, gender, hobbies, problems, desires, location, socio-economic etc.

Step 5. Market research: This is probably the most important of the 7 steps because this is where you will discover the answer to your question, “Is this a potentially profitable website idea?”

5a. Discover what books and monthly magazines are published on your topic.

A great place to research this is http://www.amazon.com and look in the books and magazines sections.
If you find a good number of books and magazines then potentially you have a winner.  Publishers don’t waste money on unprofitable ideas.

If you find that there are no monthly magazines or books published on your topic, go back to step 1, immediately. DO NOT WASTE TIME on an unprofitable idea, no matter how much you like the idea.

Step 6. Find out how many searches are being carried out each month on topics around your profitable website idea. A site you can use for this is:

https://adwords.google.com/select/KeywordToolExternal?defaultView=2

This will also provide you with lots of other relevant keyword phrases.

Definition: Keyword phrase is the term that you and other people put into an online search box.

How many searches do you need to gauge potential profitability?

As a guide at least 3,000 per month, less than this and it’s considered too small for profitability. Next you take a look at how many competing websites there are for you keyword phrase. To do this put your keyword phrase into a google search and then see how many websites come up, you want a figure of around 30,000 or lower.

If your research shows that your keyword phrase doesn’t match these parameters STOP and start at Step 1 with your next potentially profitable website idea.

Step 7. Are people talking about your topic idea?

Go to Google.com, and conduct a search on your topic / phrase.  Then click on the Show options link, near the top left of your screen.

A new list of links will appear to the left of your search results

Find and click on the “forums” link. This will bring up all the forums that mention your keyword phrase.
If you find a good selection of forums on your topic bookmark the page.

You will use these as a resource later to enhance your knowledge on your subject, expecially finding out what problems people are having, provide support to others and build your reputation as an expert.

So in a nutshell if:

1. You have topic/s you’re interested in
2. There are published, hard copy books and magazines on the topic
3. Online searches are between 30.000 and 100,000 per month
4. There are online communities talking about your topic

Then, congratulations, you’ve confirmed the potential of your profitable website ideas and are well ahead of most people who grab any idea and run with it without taking the time to do their research first. They put in hours of time and effort for now reward, and then wonder why.

Now for that link to my website that in one click gives you potentially profitable website ideas…   http://BigSellingIdeas.com

Each year I publish a list profitable website ideas generated by my website, the 2010 list will be coming soon, if you would like to take a quick look at the 2009 list you’ll find it here: 42 profitable website ideas for 2009