In this lesson I will teach you how to determine if you can rank a keyword #1 in Google for a reasonable amount of work. In other words, how do you figure out if ranking a keyword #1 in Google is a realist goal?
This is done by checking the PageRank of the top 4 current ranking websites and making sure they all have a PageRank of less than 4. I will also give you your first homework assignment which is to find enough keywords to lay the groundwork for 10 new websites that you will begin building.
This will be the beginning of your passive income portfolio.
Note: There is also a much easier, faster, and more thorough way of doing this competition analysis process by using Market Samurai, that I teach you in the next video lesson: Lesson 2.3) How to use Market Samurai to do Competition Analysis for Keywords. I highly suggest watching both videos, since you can learn valuable tips from each of them, regardless of which method you choose.
I definitely recommend using Market Samurai and watching all their tutorials. Not only does their software provide all kinds of great information that’s useful for this kind of research, it’s the tool you want if you want to take this business seriously. Market Samurai also offers their own video training material to learn even more about the keyword research, competition analysis, as well as the later processes you will go through when expanding your online business. I only present this method because it is a free alternative for those that can’t afford Market Samurai at the moment.
To purchase Market Samurai, click here: Market Samurai
If you would like to try Market Samurai for a free one week trial before deciding if you want to purchase, click here: Market Samurai Trial
Note: This is a very simplistic method of doing competition analysis (there is much more that can be analyzed). So why are we doing it this way instead of in a more in-depth method? Mainly because we are doing a “blanket” approach, where we will put out lots of websites with lots of posts, and then let our traffic results guide the rest of the action plan (through what Google Adsense and Google Analytics tells us about our traffic).
Note: You will sometimes see results from Wikipedia or YouTube in the top four results. Pages from those websites ALWAYS have an extremely high PR. However, in a lot of cases, a YouTube video or Wikipedia page will not be something the searcher will be interested in based on the keyword he typed into Google (you need to use your own judgment here). If this is the case, you can ignore this result! An example would be something like the keyword “brass door knobs.” If a person is typing that into Google, he is most likely trying to find information on brass door knobs to eventually make a purchase, and that user wouldn’t be interested in a YouTube or Wikipedia result and would most likely skip it. That’s why those results can sometimes be ignored in our analysis.
Note: Every now and then we will have a keyword with really high potential monthly earnings that just barely doesn’t qualify (like if there was just one website with a PageRank of 4 in the top 4 results and the rest were lower). In cases like this, I would keep the keyword on my spreadsheet instead of deleting it (and come back to it in the future once my website is bigger and stronger).
Note: Most keywords will NOT qualify. Thorough keyword research is a long and difficult process, but finding high paying and easily rankable keywords in the beginning will make the entire rest of the process that much easier. Don’t give up, even when it seems like there are very few valuable, rankable keywords out there – there are LITERALLY millions!
Make sure you are logged into Udemy and signed up for the course before clicking the video below or you won’t be directed to the correct video (it’s completely free to register).
(Or click here: How to do Competition Analysis for Keywords using PageRank on Udemy).
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