Passive Income Online: The Low Hanging Fruit
I want to introduce you to a publishing business model that will generate passive income for you for years to come.
I call it the ‘Low Hanging Fruit’ system. It is quite simple, and here is what you do (keep in mind that you will need to make an investment to get a domain and hosting):
1. Use Wordtracker’s free keyword tool to find a long tail keyword. A long tail keyword, in my standard, is a keyword that gets searched in Google at least 10 to 20 times per day (300 - 600 searches a month), and has a less than 5,000 results when using the allintitle: search in Google
The tool is located at http://freekeywords.wordtracker.com/gtrends
2. Register a domain based on that keyword and get it hosted. I use WholesalerDomains.com because it’s a bit cheaper than Godaddy.
3. Once domain and hosting is set up, write a piece of article (around 300 - 500 words in length) for that keyword.
4. Find a way to monetize the traffic. If you are lazy, then Google Adsense will do. If you are ambitious, you can create an information product based on that keyword, or find affiliate programs that fit the traffic.
5. Submit that article to article directory sites, like ezinearticles.com, aritclecity.com, etc.
6. Sit back, relax, and enjoy the passive income.
7. Repeat steps 1 - 6 for different keywords.
When you have mastered the “low hanging fruit” system, you should be able to pick a “low hanging fruit” everyday, and build yourself a sizable passive income.
Later on I will show you how to pick “high hanging fruits” where it does take a little bit of time to get it, but once you got it, well, it’s extra sweet!
Thanks for these usefull information Steven, but how can you find the right keyword, and do you have to advertise your site with adwords using these keywords?
Keep going on.
June 19, 2008 @ 6:00 am
Sorry I should have clarified. The keyword research bit is to find keywords that you can easily rank high for in Google, not for PPC purpose (although you can, and it won’t hurt).
Here is what I do for keyword research. I look around the house, or think of a topic in my mind, then I type that word in Wordtracker tool.
Then I go down the list of keywords that it came up with and click on the rightmost icon which will pop up a competition/Google trend estimate for that keyword. You can use the < 30,000 competition and > 100 searches/day guideline it gives you as a starting point.
So, if you want to follow along, I’m looking around right now and I see computer speakers in front of me. I type “computer speakers” in the keyword research tool, and it came back with this list (partial):
1,328 searches (top 100 only)
Searches Keyword G
1,328 total searches
418 computer speakers
73 wireless computer speakers
70 best computer speakers
43 bose computer speakers
31 speaker computer
20 computer speaker reviews
18 computer speaker
17 klipsch computer speakers
15 logitech computer speakers
Start going down the list and click on the icon in the “G” colulmn. You will see that “computer speakers” gets searched over 3,000 times a day, but it also has over 3,000,000 webpages that are targeting that keyword! So it’s very competitive.
Let’s try another one. How about “wireless computer speakers” Nice! This is a good “low hanging fruit” keyword with over 130 searches per day, and 17,000 webpage results.
The next keyword is also good, “best computer speakers”
I would actually like someone to actually go out and register a domain for those keywords, and either monetize it with Google Adsense, Amazon, or eBay auctions, and see how it goes.
More to come later…
June 19, 2008 @ 10:40 am
Just to satisfy my curiosity, what do you mean when you say, “monetize with…..Amazon, or eBay auctions?” I get the AdSense , but I don’t get that. Great article. Thanks in advance.
June 24, 2008 @ 11:08 pm