So, how much competition are you up against?
Before we can answer this question we must first Find the basic Demand and Supply.
In finding basic demand and supply you need to research it using search engine such as Google or AltaVista. These are just the few search engines that we know. We can also use Ask.com and wikipedia. In doing this research, it is important to use only one search engine to make sure that your research is consistent.
Competition can be a GOOD thing
In affiliate marketing, it is said that “the more competition there is, the larger the existing market”.
We may be wondering why many affiliate markets are searching for the demand and supply ratio for each keyword when in fact all you need to do is to promote your business?
Why is that?
It is because many researchers will only look for the first 10-40 site results of the search engine they used. They will not bother to look for the next pages of results. So in effect, placing your links on the first page of search results makes the other million sites irrelevant, as surfers rarely look beyond the first page or two of results.
Niche Finder Software
In this topic, the niche finder software is just one of the highlights. It is a very neat piece of software that makes this whole process much, MUCH
You just need to plug-in or write the term you want and in less than five minutes the software had generated a big list of related key phrases, which were found on the most relevant pages on the Internet. A list typically consists of over 200 new key phrases, and each of them may give you a valuable business idea, a possible product name, target market, or at least a good keyword for your web page.
Here is an image of a portion of the results from Niche Finder that includes a graphic representation of the relevance, i.e. the green bar on the right.
Amazing! Doing all that research by hand would normally take a
few hours at least, and yet in just under five minutes, the software calculated the real potential of
my business idea.