Recently you may have heard me talking about the niches my team have been working on at the same time along with what we’ve started with the 3 day detox site. In my 2011 goals video previously, one of my goals was to create at least 10 niches and make money from them as part of my passive income portfolio.

So in today’s video, I’m going to show you a sneak peek of the new niche we’re going to be targeting. To learn more, watch the video:

You can now watch the rest of the videos of the Niche Site Duel challenge and keep up to date with our sites by visiting the dedicate hub:

• See Niche Site Duel hub to watch all other videos
• Watch video on Youtube

How To Choose Your Niche Webinar Replay

NOTE: If you want to download the whole webinar and watch it at another time, or review the key notes in the webinar, please visit the keyword research webinar replay. Otherwise here’s the full replay below:

Download Your Trial Copy Of Market Samurai Here

Transcription Of Video

[spoiler]

Hi, it’s Tyrone from Tyroneshum.com and welcome to the dedicated channel where I talk about outsourcing and automation. I want to send you a quick update of what’s happening in the niche site duel challenge and also too, in today’s video I’m going to share with you the new niche site that I’ve chosen with my team and yeah, what we’re going to be doing with it for the next few months as well, too.

So first thing before I do start, if you do or if you’ve seen my previous video on how or what my goals are going to be this year, one of the goals is to create 10 niche sites that are going to be generating income and at least these websites are going to be generating some form of passive income and I thought this will be a great opportunity to actually share with you the next one that we’re doing. We actually have more than one going at the same time but I’m going to share one with you and also reveal to you probably the other nine as well, too just so that you can get a taste of what I’m getting up to.

Now I’m going to jump into before doing that, I’ll give you a quick update of what’s happening inside the niche duel challenge. So you can probably see right in front of you right now the 3 day detox which is the one that Pat and I has been challenging over last year. He’s got his one and I’ve got my one right here and simplistically what’s happening at this point in time is I’ve put a bit of Adsense on the site, it’s ticking over it’s ranking between 1 and 2 positions for the last few months, up and down. It’s had over 150 subscribers and I think a lot of people have stayed on and I think we’ve had about 8, from memory about 80% subscribers from that whole newsletter so people are enjoying reading our content which is really, really good. And also too, we are making a little bit of money from this site which is okay.

So I wanted to just share with you the two things that we’re doing. As I’ve said, we’ve got some Adsense running over here, some text links, just a few ads over here as well. And from Google, we’ve made about almost $50 in the last month or so it’s not too bad. It’s about a dollar a day and the actual return on it is okay so I’m not complaining too much. There’s still a lot of growth for this site and also too, we are planning to actually leverage from what we’re doing with the database that we’ve got. Surprisingly we’ve got a lot of people signing up to our newsletter which is excellent, and this is the actual way we’re thinking about monetizing this whole site. So what we’ve done is we’ve created a 3 day detox book right here, only we’ve got created recently and also too we’re selling it for $37. So from here, we’re planning to actually send this out and promote it into the database and from there we hope to see what kind of results and turnover of sales from there. So let’s see how it’s going in the new year which is right now and I’ll give you an update, I’ll keep you updated of what’s going on. So that’s the part that we’re doing right now for 3 day detox and that’s just ticking over and we’re not spending too much more time on it.

What I’m really excited to share with you is exactly what we’re doing now for the next few months in terms of our 10 niche sites. So I’m going to actually show you right now over here the list of markets that we’ve gone into. I’ve basically given my virtual assistant pretty much the topics that I want to go into and also asked her to write, look for topics she’s interested in and she’s applied the same method that we’ve talked about and I’ve shared with you previously. Now if you don’t know what that method is, you’re most welcome to go back and have a look. And I’ll put a video down the bottom here of the link to how to research and find niche markets and the method that I use and also how to put it inside the Market Samurai software that we’ve got as well, too. It’s an awesome piece of software and I highly recommend to use it. It will save you hundreds and hundreds of hours, literally you know I’m not kidding. You know it might take you at least 10 hours to do research manually whereas you punch it to Market Samurai and you will get the results within a few minutes so you’re going to spend less time there and focus on building sites and making money. Anyway, hopefully that’ll give you an idea.

And here are some of the topics that we’ve gone into and here are some of the keywords we’ve chosen. And the one that I’m actually going to be promoting and talking about in the next few months is the proposal ideas keywords that I’ve actually asked for. Now as you may know, I recently got engaged last year and we’re having our wedding this year and the whole time before the proposal, before getting engaged, I had to think what kind of cool idea I can actually put into place to do a proposal? And that’s a long story from that time, I’ll share with you later. And so I got interested in doing some research for proposals and engagement stuff and that’s something that I wanted to find a little bit more with and potentially, there is actually a market called engagement gift ideas which is untackled market so far with not much competition so that’s actually a market we’ve decided choosing and something I’m pretty passionate about, so I can talk about and also potentially go into.

Let me show you right now what I’ve done and some research, that way you can sort of get a better idea and gauge of why I chose this particular market. So let me show you the SEO Competition. I won’t – I can’t see the keyword there, it’ll take too long for it to load. By the time, I’ll just send it off by the end of this video. So essentially we’ve looked at it and said okay, that’s viable because commerciality, it’s there. It’s just now looking at how much competition there is in the market. So let me just turn off a few of these things that we don’t need because it’s distracting and I want to show you the matrix why we chose and explain it to you briefly. So as you can see, there’s green, there’s orange and there’s red. The more green you have in the matrix, the better it is. And the less – and the more red you have the worse it is so keep away from anything that’s red. Orange is not too bad. And basically what I did is I looked at these top competing websites from Google, top 10 of these and these top 10 showed a lot of them are PR 0s and top 3, 0, 2, 2, 3, 3, 0. Anything below 3 is actually really good and if you add up all these PRs together, you should be able to get below 0 – below 3 and if it’s below 3, it’s definitely that you can something that you consider for a market you’ll jump into. So I’ve added all these up and the average of it is 1.5 which is way below 3 and that’s excellent. And furthermore, there’s a lot of green here as well showing that there’s not much competition in this particular field and that’s the reason why I’m going into this particular market. So anyway, that’s pretty much the reason why I chose it and based on that.

Now you might be wondering, what happens if you actually punch in and have a look at another market, and what kind of results will you get from that? And to show you what actually is not a good market to go into is this one called bachelor party ideas. And you’ll see a lot of orange here – orange, orange, red, green, orange, orange, etc. So something like this I would not recommend jumping into because the amount of competition it has is very high and therefore it becomes very, very difficult to try to get into that market, and compete and rank number 1. And the goal is to be able to rank number 1 on that keyword term which is engagement gift ideas and also too, to drive lots of traffic through there from that free ranking at number 1 and then convert those people over to purchasing and monetizing that.

So that’s what it is for this niche site and I’m really excited to share that with you and I’ll keep you up to date what’s going on. So this is the start, the first research and I’ve just shared with you also the 10 potential markets I’ve gone into, and also too give you an update.

Now if you’ve got comments and you want to find out more what’s going on, or you don’t know how to – how I’ve done this through Market Samurai, as I’ve said there’s a webinar video replay down below which I’ve uploaded and you can watch that and it tells you exactly step by step how I’ve gone through and the stuff I’ve given to my virtual assistant. And furthermore, if you have any questions or comments, just feel free to leave them down below and I love you to share this with everyone as well, too because I – you know because if I can benefit for anyone from learning how I’ve been doing it then I’ll definitely help somebody.

Okay, thank you so much for spending your time watching this video. My name is Tyrone Shum from Tyroneshum.com and I’ll see you inside the next video. Bye for now.

[/spoiler]

So that’s it for today and I’m excited to share with you a few more updates about what’s happening with our other niche websites and how are they ranking in the search engines. Hopefully we’ll monetize them all at the same time for greater results. If you have further questions, just feel free to leave all your comments down below and I’ll reply to them.

To Your Lifestyle Business Success,

Tyrone Shum
Lifestyle Entrepreneur