Another day, another way to make money for you guys. I’ve been using this method to take advantage and make a few pretty decent website sales.. I’m talking low four figure sales for about an hour of work.

You see, the problem with niche marketing is that well… it’s difficult to get a foothold in the established niches. Forex, diet pills, make money online even – there are thousands, if not millions of competitors out there, most of which have a budget that will blow yours out of the water.

What if those competitors… weren’t a problem?

What if your competition was so weak… you could rank first page for a 500+ daily search term… in a day or less?

I have, and now you can do.

I’m talking about current event annihilation.

By taking advantage of current events, we can make sure that most of our competition isn’t established… everyone starts out on an even foothold. No more having to compete with sites that are years older, have thousands more backlinks etc.

One of the comments yesterday spoke about wanting to know how to find and act on untapped niches… about setting trends and the like.

The websites we’ll be setting up will be small, 5-10 page niche websites. Nothing too complicated. Here’s how to find our niches though.

The two best places to find what people are interested in is a) Yahoo Buzz and b) Google Trends.

Yahoo Buzz has a little chart on the right showing top ten searches (updated hourly) while Google has 10 on their homepage and up to 100 if you click through.

This is a goldmine, because we can see what exactly people are searching for at this moment. Hot search terms = profit.

Let’s take a direct example, so you guys can understand better… at the moment, one of the hot search terms in Yahoo is Miley Cyrus.

Right now, people are pretty interested to see what she’s up to. At the moment there are more than 100,000 searches daily just for her name… that’s not even including other keywords.

As soon as you see a search term that you like, what you do is enter it into SEOBook’s tool.

From SEOBook’s tool, we can see variations of the hot keyword that other people are searching for. Now the direct keyword – in this case Miley Cyrus – will usually be too hard, but there are plenty of others.

You’re looking for anything with more than 500 searches daily.

The easiest way to rank first page… is by snagging the relevant domain. If the domain is still available for a term, it’s likely that there’s less competition, and thus it’s easier to rank.

Now for the above keyword, there are around… 20 terms that get more than 500 searches daily. That’s a potential 15,000 visitors monthly (if you snag top place – this is not difficult with the exact keyword in your domain).

Use Instant Domain Search to make searching fast, and just take keywords from the SEOBook tool and enter them directly in.

A lot of the direct keywords were taken, but in this case the keywords miley cyrus shower and miley cyrus bra were both available (in .COM). Both are near the 1,000/day search range, one slightly above, one slightly below.

Now the former keyword had around 2,000,000 competing pages. The latter however, had only around 750,000 pages – ripe for domination.

Pick a simple template from OSWD and setup a 5 page website. Make sure you do simple SEO (meta tags, page titles, bolded keywords, h1 / h2) and create 3-4 articles, one picture page. Make sure you download any pictures you find and reupload them with the keyword as its title (to benefit from Google Images traffic).

Now… pages need links to get them indexed. So submit them to the top few Social Networks, using the keyword as your title when allowed (Digg, for example). You don’t care about promoting it, just the high power backlink. After you submit it, ping the Digg entry to get your site indexed within 24 – 48 hours.

You can also leave comments on dofollow blogs or build links in other ways. All you need is around 25 links total with your keyword as anchor text (if you have an account on forums with a few hundred posts, this is good enough). Use the search term as your anchor text.

As for monetization… use Adsense, or similar (PPC). For some keywords (like miley cyrus bra) Adsense may not work, so use something like Adbrite. However you can stick to ’safe’ keywords if you prefer, as Adsense pays better than any similar kind of program. The great thing is that it’ll pick up the keywords in your article and link to similar websites, and especially celebrity related topics – these kinds of users are click-whores.

You can also try out affiliate programs – no offense meant, but in this case – the people that search for celebrities tend to be not that bright and believe they can win things like a free iPod by just entering their email address. Email / zip submits are king on celebrity kind of websites. However, most of them only allow USA traffic, while Adsense allows you to monetize everyone.

Within a few days, use Shoemoney’s SERP tool to see where you’re ranking for your keyword. Depending where you are, build links – you should be first page or close to it, but if you’re not just keep on building :)

Once you hit the first page, keep working (won’t take long) until you’re top five. At the top five positions, it’s fairly easy to make around $20/day. As long as you have 2-4 weeks of consistant revenue, you can flip the website for $1,000 or more (just list it at the various webmaster forums).

You’ll make anywhere between $100 – $500+ of revenue and net a thousand or so for the website sale.

Don’t think. Act. All you need to spend on is the domain name and some time (hosting is available at $0.01 first month at HG) so you have nothing to lose.

Good luck, and if you have any questions let me know :)

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