How do you pick niche/topic?

First I will share my knowledge:

1: I got to http://tools.seobook.com/keyword-tools/seobook/index.php
2: Enter keyword phase and if result for all search engines together is over 5k then I go and check in google how many results it find for this topic.
3: If amount of results is below 300-500k then topic might be excellent .
4: I check backlinks and everything for top 10 results.

That's my way ... Let me hear how do you do it =)

 

I only work on stuff that I have an interest in. Seriously, I have to really like the content I'm dealing with, otherwise I'd get bored and abandon the project too quickly.

 

Good guide moneydude!

How do you check for backlinks?

 

I agree. Take something that lies in your interest.

 

Whatever I have a passion for and also has some potential to make money.

 

Same.

 

Well I have passion for many things but true is that most of this "things" have over 10mil results on google, and it's very hard - almost impossible to get in first page.

I also making sites just because of money After I find good niche/topic then re-writer articles or if I find really good topic then I buy them.

 

I try to do stuff that i have a passion for too.

For making money soonest, with more likelihood:
I look for market that is already proving itself, say Widget Porn, and then look for terms and niches.

For a huge return, but a much riskier, longer term venture:
I seek to find the next big thing, for me that's green which seems to be growing logarithmically in the last 12 months. So i determine my goal, my strategy, then go looking for the niches in search to get seen.

i think finding a proven industry and trying to find a life there is the best return on invest. I know people who make tons of money in gambling or porn who started just the last couple years. Now those are 2 very marture, tough industries, but people break in all the time.

 

I look for freshly launched products. I recently found a great one. High demand market, low competition. Affiliate program. Here's more: http://forums.digitalpoint.com/showthread.php?t=846708

 

One question for experts, i found keywords which have over 10k results in: http://tools.seobook.com/keyword-tools/seobook/index.php

When I google there is only 200k results, quite nice heh ? Well only thing that consider me is this:

http://www.google.com/trends

If i use for my keywords in this google trends site it almost don't find any result's just 1 and it's hell low ... what does this mean???

 

Ditto to Norebbo's response. You've got to go for what intersts you.

 

Anyone know answer to my last question?

 

For any field internet or off line 2 main factor for selecting a niche would be

1. Personal Interest
2. Depth of knowledge and experience

In addition to this two, I would consider monetization method available. Consider if I choose to monetize my site with adsense then I would go for high paying terms which less famous. If I choose to promote a product then i would consider the target market and make decisions accordingly.

Coming to your last question regarding google trends and seobook kw tool. both are not 100% accurate and some times results will be conflicting , i have experienced the same before many times.

 

I do a little keyword research at times but i blog content first.I write anything which come to my kind.After 15 posts i ask some of my readers to say me which content they like and depending on that i research more and blog more