In my little world of internet entrepreneurship, a lot is happening. Considering the time that I have to spend on this side hustle, I am starting to get some things accomplished. My most recent schedule change at my day job leaves me with just under 2 hours each day to do whatever I need to do on my computer. I get up at 5:30am every day and have until about 7:15 to work on my computer. In this time I conduct several forms of research, including: keyword research (the dumb way), online income and how to build niche sites research (mostly by reading other blogs), learning how to use WordPress research (playing with new themes and plug-ins) and whatever else I happen to stumble across. When I am not doing that stuff, I am trying to actually get some work done on my sites and this blog. If you haven’t figured it out by now, I try to get at least one post up on this blog per week. Since I am not really trying to make money with this site right now, I find it more important to work on my other sites.
Month: July 2012
Keyword Value Estimation
Estimating how much a keyword might earn for you if you created a niche site around it can be tricky. You have to work with a set of assumptions and guesses and then plug those numbers in with actual numbers provided by Google. First of all, you need to assume your niche site is going to make it to the first page of Google’s search results. If you can’t make this assumption, then you shouldn’t be building the site at all! Next, you need to guess where on the first page your site might land. Being up at #1 yields a ton more clicks thru than if you are down towards the bottom. The last assumption or guess that you need to determine is the click thru rate, or conversion rate for whatever your monetization method is. Google tells us the number for average monthly searches on particular keywords, and also the average cost per click that advertisers pay for that keyword.
Guessing Your Visitors per Month
Click thru rates for sites on the first page of Google seems to be an ever-changing phenomenon. The latest study I could find indicates that the top 3 spots in Google get 18.20%, 10.05% and 7.22% respectively.
Keyword Research the Dumb Way
Sticking with the theme of the blog, I need to tell you about some dumb things I’ve done when it comes to keyword research. I thought I had it figured out. I thought it was pretty simple. As it turns out, I was doing more than one thing wrong!
Until recently, I didn’t even properly or completely understand what a keyword was. I knew it had to do with the basic subject matter of content and that it was important for search engine optimization (SEO). In the past, when I had to fill out a form for keywords to an article, I would separate every single word with a comma. I didn’t know that a keyword (singular) could actually be a set of words or a phrase. For example,
Truly Passive Income from My Old Blog
If you’ve read the introductory post for this blog, which was written not too long ago, you know that I recently quit my old blog in order to focus on creating a passive income and blogging about it here. Much to my surprise, that blog is still creating some income! I will explain, but first let me give you a little background.
I started my RamblingFever Money blog as a result of finding the Yakezie network. Yakezie is an entire community of personal finance bloggers and they had a challenge. I was intrigued, so I started a personal finance blog and joined the challenge. People probably wonder why or how I came up with RamblingFever Money as the name of the blog. Honestly, that is the result of me being cheap and not wanting to spend