In this Wealthy Affiliate keyword tool review, you will discover how this powerful tool can bring you passive income month after month. The main function of any keyword tool is to find low-hanging fruit keywords that will bring traffic and sales to your business. If you can find low competition keywords that have a high commercial intent, you will make money.
Keywords are how a potential customer will find your website on the Internet. Your main goal is to find those keywords that are easy to rank for in the search engines.
Once you find those golden nuggets, the search engines will send you traffic without having to do anything else. One of the main benefits of being a Wealthy Affiliate member is that this tool comes with your membership.
If you want to do more research on your niche using the Wealthy Affiliate keyword tool, you can also use the Google Adwords keyword planner. If you do a search query for “Google Adwords keyword planner”, you will be able to look up any keyword you can think of and see how many times it is searched for on a daily basis. You can also look up the commercial intent of that keyword if it is used in a Pay-Per-Click (PPC) campaign.
In other words, you can see if a particular niche will be profitable or not. If other advertisers are spending money on certain keywords, you can bet that these keywords are making them money.
Certain keywords are worth more money than others. This is because the payoff is much higher for certain industries than others ( a click for “car insurance” or “payday loans” will be much higher than “hammock stands” or “baby bottle”).
This is because someone interested in buying car insurance has the potential to spend a LOT more money than someone who might be interested in buying a baby bottle.
So why is this information important to people like us who are trying to make money online?
Well, with this information we have some very important metrics related to a keyword. We know:
- How many searches there are per month for that keyword.
- What the value of that keyword is as a paid lead or Cost-Per-Click (CPC).
- If we get a #1 ranking in Google, we will receive 42% of the traffic for that particular keyword.
- Google will pay its publisher’s 68% of advertising profits from participating in the Google Adsense program.
- 4% of people who land on our websites will click on a paid link from Google.
So, what can we do with all of these numbers?
We can calculate the minimum amount of money a niche website can make monthly when it ranks for a specific keyword in Google.
This is how you can calculate the amount of money a website can make if it ranks #1 in Google for a specific keyword phrase.
The formula is: (number of searches) * (cost per click) * (.42) * (.68) * (.04)
The .42 is the average percentage of visitors that will land on a website that ranks #1, the .68 is the percentage of earnings that Google will pay its publishers, and the .04 is the average percentage of people who will click on your website when they land on your page.
So, if for example, you look up the keyword “yoga mats” and find that it is searched for on average 45,000 times per month and has a CPC of $2.00, this would be its monthly earning potential:
(45,000) * (2.00) * (.42) * (.68) * (.04) = $1028.16
You would earn about $1028.16 in passive income if your website ranked #1 in Google for “yoga mats” AND you put Google Adsense on your website. Imagine if you could create 10 or 20 websites that ranked #1 in Google. You could earn $5000-$10,000 in passive income just by putting some Adsense code on your website!
So now you know the minimum amount of money you will make when you rank #1 in Google for any keyword using this formula. To start familiarizing yourself with the Google keyword planner, just go to YouTube.com and type in “how to use google keyword planner”.
I hope you are starting to understand how this Internet marketing stuff works. You should have a good idea of how regular people like you and me can ACTUALLY make money online…by doing our research BEFORE we make a website!
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