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This is where real opportunity has come up for online newcomers. Most people put a lot of energy in finding "high paying" keywords or simply purchase a database of "high paying keywords", create a small website around keyword, put AdSense code in it and start generating traffic which might click on ad and expect to get paid high.
But here is real kicker! The amount which you get paid is dependent of 5 different factors. Some of factors are out of control of webmaster (you).
For example if a keyword phrase pays something around $14 to $15 per click. Most people think that even if they get a 1% click through rate, that is 1 person clicks out of 100 visiting their website, Google will put $14 in my account. Yes it's true, but not always!
The amount which you get paid, depends on which ad gets shown on your website. The ad which gets shown on your website is dependent upon relevancy and lot more other factors.
The true success with AdSense lies not on targeting only "high paying" keywords, but with focusing on creating highly informative content and getting repeat visitors. Google loves content. If you provide it on your website you will automatically get more visitors and increase possibility of high click through rate which leads to more income to you and Google.
So, learn to build traffic first and then fine tune your website with AdSense script to start earning immediately. The true success with AdSense is with generating content rich pages and attracting traffic. "High paying keywords" is a secondary factor with AdSense
Copyright 2005 Shrinivas Vaidya
AdSense is registered trademark of Google Inc.
The author Shrinivas Vaidya is the webmaster of myfriendlyebooks.com He runs an "eBooks distribution mailing list" from his website. Subscribers get a mindblowing eBook every Monday in their inbox for FREE. All eBooks come with distribution rights and many with resell rights. Subscribe TODAY by visiting his site http://www.myfriendlyebooks.com/join-mailing-list.htm