How To Make Money Fast – Lesson #2
Nov/092
Learning how to make money fast is easy if you really learn how to find a hot market.
If you want to make money from on the Internet you will have to know exactly how to find a hot market and how to reach them with sort of advertising. In this post I will show you how to effectively discover hot markets.
How To Make Money Fast – Hot Markets
A hot market is one that is desperate for a solution or are on the verge of buying, they are actively searching for a solution to a problem, and has the money to spend on the solution.
Start by brainstorming problems that you have had in the past. What problems have you faced that were a pain to overcome? What about family, friends, love ones… Do you see any pressing issues rising in the media? What’s problems are being addressed on the covers of popular magazines?
Write this down.
This is the beginning of finding a hot market. You don’t have to know anything about the market, but this drill helps you to find hot markets that you understand and know a little about. This will make the process of creating content later even easier… but if you don’t don’t worry it won’t matter at all.
If you want to find more ideas, look at the covers of popular magazines. What are they advertising? What topics do you regularly see on the covers specifically. You can do this research on magazines.com or grab a tea and go to your local bookstore.
Now that you have some ideas go to the Google’s External Adwords Tool. Type in the keywords that your market would use to search to find the solutions that they are looking for and hit search.
You will get a the keyword that you searched for and a list of related keywords. Look for keywords that are 4+ words long. These will generally have a lot less competition and be easier to ranked on the top of the search engines later.
You want markets that are embarrassed of their problem, that hurting from having it in their lives, or that from their perspective they have the feeling that they would do most anything to get it out of their lives forever. Or you want your market to be searching for an exact product (on the verge of buying).
Not like “Sony TV”, but “Sony WEGA kv 40xbr800″. This is a person that is just about to make a purchase. They are on the verge of buying. Or even something like Philips LCD TV Review or Fat Loss 4 Idiots Review. These are all keywords that a market is ready to buy. They are sitting on a titer toter.
Some examples of what I mean would be markets like this:
how to save your house from foreclosure
how to lose 10 pounds before a wedding
how to get rid of stinky feet
how to get my son out of jail
how to find a good lawyer
how to get a second chance bank account
how to make money fast from home
These people want help and need it fast. As you find keywords that are good ones, have a second web page open where you can do searches and check for competition. In order to check for competition you will do a search for “YOUR KEYWORD PHRASE” in quotes and look at he results.
You want to target keyword phrases that have less than 7,000 competing websites. That is people who are targeting this phrase on their pages.
Essentially you’re creating the perfect storm. Your getting your marketing message in front of highly targeted markets that are ready to buy that are not hard to reach because it’s not very competitive.
When you find keywords that meet your criteria, put them in a notepad file and save it.
How To Know What They Want
Once you know how to find hot markets you have to find what they want… I mean you know that they want a solution, but you need to know what people in that market are already buying. You want to find out what the hottest selling products in that market are. These are products that have already proven to sell and already proven to be “what the market wants”.
For digital products you can also go over to Clickbank.com and click on the link that says marketplace at the top. Then search the category that you are interested in and look at the top 50 products ranked by popularity. This will tell you exactly what’s hot and what is selling right now and what other affiliates are successfully selling.
For physical products you can head over to the eBay and look at what products are being offered on the homepage and you can go to pulse.ebay.com. This will tell you the top 10 hot products selling in their respective categories.
You are not trying to reinvent the wheel. You are just jumping on for the ride.
Well I hope that this article brings you one step closer to jumping on for the ride and discovering how to make money fast.
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6:30 am on November 17th, 2009
If you really want a complete departure from the uncertainty of debt, resorting to internet marketing is the best possible to make it happen. Money in the internet is far more than the money in the bank. Being an affiliate alone could give you 6 figures in just a few months. There’s a lot means of earning actually, adsense, get paid blog, outsourcing, and clickbank.
3:23 pm on November 17th, 2009
@Mitski: The biggest reason I love Internet marketing is because of the ability to make money with very little maintenance once set up… providing: FREEDOM! That’s what makes it so cool to me.