Thursday, September 25, 2008

Income Potential For An Online Business Opportunity

By Myles Krueger


When you get a business going you have to find out exactly what people are looking for if you and more importantly you have to find out exactly what they plan on spending there money on. Here are some ways to look at potential income that you can make in any industry for your online business opportunity.

One of the best things you can do is find out what people are paying for products or how much money they are putting into an industry. There are countless ways to find this out, but if you are search for an internet business to start then you need to consider going to the king of traffic, Google.

Google accounts for 70% of traffic or so the estimates go, but whatever the number is people choose them more over Yahoo, MSN, or other search engines. There are a lot of visitors that appreciate their search engine.

What makes them special is that they offer to the searcher more than the marketer. They make sure that the most authoritative material and linked to material is ranked the highest. They have a well oiled machine.

With this they have a great deal of searchers that are marketing their own products and services online through their Adwords program that allows for business owners to pay for ads under the search listing categories. You will see these on the top and and on the side of any keyword you search.

You need to find out what people are bidding for these keywords in order to find out how competitive and the potential of the market. If people are bidding more then you are seeing individuals that are probably making more. They can big more because they have larger profit margins and the goal is always to break even initially and usually trying to make money on the back end.

So that will be a good sign for you if you are marketing similar products. I suggest that you use the Google Adwords Free Keyword Tool and find out what people are bidding for the 4-6 positions to give you an idea of what realistic and educated marketers are bidding for these terms and if it is at least $0.50 then you are probably in a good market. 1-3 bidders tend to be spending money without method and willing to blow income.

So now that you have a good idea what people are bidding you can decide if it is a good market to go after. This can save you a lot of time and potentially make you a lot of money.

About the Author:

No comments: