How often is your potential domain name typed into google?
Once you have established what you are interested in and want to build a business out of, it's time to find a domain name. To help you along with this, go to the Google Keyword Tool. Type your niche, or interest into the keyword tool, and then click on the "get keyword
ideas" button. You will then see a list of phrases surrounding your keyword or keywords and how many times the word or phrase is typed into google each month. The more times your potential domain name is typed in, the better. Take a look at "soap nuts" for instance: It is typed in an average of 6,600 times per month.
Scouting out the competition
Like any good business person, you should scout out the competition before making your choice on a domain name. The way you do that is by going to google.com and typing the words that would make up your domain name. The less amount of search results, the better. For a first attempt at an online business, I would recommend no more competitors than 300,000 to 500,000. Soap nuts has a competition level of between 400,000 and 500,000, depending on the day you type it into google.
Finding the right domain name
Finding the right domain name isn't always easy. It may take a day or two, or even a week of brainstorming to find the right one. Always try to get a .com domain name. Sometimes all of the good ones are taken and you have to settle for another extension, but .com's always get the most respect on the internet. The program I use to build all my websites is Homestead. On the left is a button you can click on to go to there and choose your domain name. It will cost you around $250 per year for your first website. There is a cheaper option that offers you only 4 web pages, but anybody who is serious about a web-based business needs more than 4 pages. Later, I will show you how the $250 per year option allows you to create nearly an unlimited amount of websites for only an additional $10 per year per website.