We all know the importance of finding niche markets to monetize in this business. It is of vital importance to know how to find profitable niche markets. There are various tools that you can use to do this. The good news is that most of them are free. For the newbies niche market research is done using keywords for the industry. For instance
There is wordtracker which is a phenomenal tool. The full version is not free, however there is a free trial that you can use to do some keyword analysis. What I personally like about this tool is that it shows you the competitive websites for that keyword. You can use this vital information to see how profitable a certain topic can be ,. The free trial is good but I would recommend for those with some money to purchase the full version as it shows search results from all the major search engines and not just msn like the trial version does.
There is alexa.com who highlight the top websites according to four categories. Through global 500 which lists the top 500 most popular websites in the world, it also shows the most popular websites per country. It shows the top sites per language and per subject. This is a good way for you to see the type of websites people are frequenting and there highlighting what is important in the market.
There is nichebot.com which is a fantastic tool which brings wordtracker and yahoo overture tools together in one place. It allows you to do in depth keyword analysis with their tools. You can get in depth information about what prospects in your industry are really looking for and capitalize on this information.
There is rankpulse.com which is another free niche finding tool. It highlights the top 1000 keywords from Google. You get to see the daily top 1000 keywords searched for in Google which is the most searched search engine. This is a fantastic way to find some niche market ideas or to check if some of the top 1000 keywords relate to an idea you already have.
There is yahoo keyword tool or overture as its commonly known is a very popular niche finding tool. Its free and it displays the number of times a keyword is searched for in a month. It highlights the popularity of a keyword.
There is Google trends which is also free. It highlights the search trends for the day. It highlights the most popular searched phrases. It shows history of trends and the most popular searched terms. It allows you to see the current trends. That will help you see if the idea you have is a good idea or it will show you some markets you can target.
There is also cbengine.com is a fantastic tool which highlights click bank trends in terms of product sales. For the newbies click bank is one of the most popular affiliate networks it sells digital products. It shows you the hot selling products and there before can help you make your mind which niche to look into.
These are some of the most popular and effective niche finding tools to look at.