How to tell if competitors in the same niche are making money

Discussion in 'General Business' started by no_one, Aug 5, 2011.

  1. #1
    Is there any way to find out the daily earnings of competitor/similar websites to my projects in a specific Niche are making money? Ok i have used google keyword tool and done some reaserch for a while now..
    But i would like to know if there is anyway to estimate how much a succesfull website in a specific niche would be likely to earn per day..

    I found alot of crappy estimator sites where you post the link of the website and they tell you the rank and other details.. some even do tell avarage estimate erning per day... Is there a better way ?or are some of thes websites better than others ?
     
    no_one, Aug 5, 2011 IP
  2. PHPGator

    PHPGator Banned

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    #2
    Nope, you just have to do the math yourself and you might be able to estimate. Sometimes compete.com will give you some clue as to how much traffic they might be receiving. However, you can't know for absolute certain.

    Here's how I typically would estimate it:

    How many searches per month x .8 (80% of traffic will go to the top result) x .015 (a conversion rate of 1.5% (fairly average)) x purchase price

    Example:
    A keyword gets 6000 exact match searches per month and ranks #1 their keyword where they sell and item or service for $59.00.

    6000 * .8 * .015 * 59 = $4,248 per month
     
    PHPGator, Aug 5, 2011 IP
  3. no_one

    no_one Peon

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    #3
    Thanks very much ! i checked compete.com .. its not free but you do get a free test account that shows only monthly page views

    Am not sure that i understand your method..

    Here are the exact results from Google keyword tool

    keyword 1) 165,000
    keyword 2) 90,500
    keyword 3) 40,500
    keyword 4) 110,000
    keyword 5) 90,500

    could you explain how to calculate them .. at least i will get a feeling on what is going around in that niche.
     
    no_one, Aug 5, 2011 IP
  4. no_one

    no_one Peon

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    #4
    any help plz ?
     
    no_one, Aug 7, 2011 IP