With a pen and paper (or computer, if that's more comfortable) brainstorm a list of businesses, products and industries. create a list of keywords and phrases you think would be used by individuals looking for these items. This is a very important step to making money online. Do not take any short cuts here.

Using a software program such as WordTracker or a free resource such as Overture Keyword Selector Tool, type your keywords in and search for words with a high amount of traffic.

Although a program like WordTracker can give you further details such as how many sites compete for that market, you can also do your own research.

Concentrate your attention on question phrases such as "how do I..." or "Where can I...". These questions will clue you into potential markets that need servicing.

Next look in Google Answers. Type some of your keywords. What questions are being asked and how much are people willing to pay for answers? If you find a group of keywords with a high number of searches enter these words in your search engine.

What sites come up? Do they provide answers or solutions to problem? How are they making money on internet ? Can you see an opportunity to serve these individuals with your own internet business.

Finding a niche can be an open door to a profitable online business. Research market and be certain that your product or service is valuable to this group. Find forums or groups that target this audience and pay close attention to their concerns.

If you can help these people you WILL make money on internet. The best of both worlds!

3. Misspellings are not always seperated. I searched "perseverence," on Overture's research tool, an honest spelling error on my part, and saw good demand. I almost optimized a page for it before taking a second look and seeing that results shown were for "perseverance." You can be certain that searches are being done both ways, but how many each way?

4. Inflated figures. Overture often shows more monthly searches for a keyword than other research tools show for ALL search engines. Who is in error? Hard to say for sure, but given Overtures other imperfections...

Overture Keyword Suggestion Tool is a fast way to learn if there is some demand for a keyword, and it's still free. For serious keyword research, though, it's best to look to other tools.