Well, you could potentially be holding on to a gold mine of profitable words, but you won’t know that unless you analyse their potential with keyword tools.

You don’t have to go out to your nearest computer store or scour the web to find the latest and greatest piece of software to help you analyse the keywords that is more than likely to cost big dollars. Most of what you need is available on the Internet for free or a small fee. If they offer a free trial, use it. At least you will learn how the process works and if that particular software works for you.

Here are a few software tools for finding appropriate keywords for your website. All of these are free tools but some offer more features for a paid subscription.

1. Wordtracker (http://www.freekeywords.wordtracker.com) – There is no way that you could possibly think of all the different combinations of words that are used to find results in your niche. That is where software like Wordtracker comes in handy. Using the list of possible keywords you have compiled, choose a keyword to enter into the program. The software will return all possible combinations (according to your search parameters) and the number of searches for each. You may even notice a few that you haven’t thought of before. You can even compare results by search engine.

2. Wordstream (http://www.wordstream.com/best-keyword-tool) – If you want to let the software pick the keywords for you, here are a few tools that you can use. Wordstream returns keyword suggestions that work well for content and pay-per-click ads. You can also manage your keywords. You will be able to pick form the best words and phrases for your niche.

3. Overture (http://inventory.overture.com/d/searchinventory/suggestion) – This keyword tool is brought to you by Yahoo. It is now called Yahoo! Search Marketing. Using this search engine, the tool returns results for a variety of keywords and how many searches are done for them. You can choose to keep or discard the ones that have too many search results and opt to exploit the keywords that have not been overdone.

4. Keyword Discovery (http://keyworddiscovery.com) – This tool will return the best keyword results from one keyword that you enter. It pulls information from over 100 search engines to compile a focused list.

Another great source for not only keywords in profitable areas, but tons of other research as well is Affiliate Niche Packs (http://www.affiliatenichepacks.com). For those wanting to start affiliate sites without spending tons of time researching keywords, niches, and everything else that goes into setting up a site, these packs will do it for you.

It all starts with keywords.

If you pick the right ones, you can definitely find a profitable website.

Using these tools can help you narrow your search even further than the list you came up with.

Which ones will be winners?

You’ll have to test them and see.

Not only does the course break down the whole process of finding a Niche Market, but also introduced me to a piece of software which is one of the best that I have see and I am now using it myself to help with my business. It help you streamline the whole process of researching the viability of a niche, to looking at your competition. The software of course is Market Samurai, produced by some fellow Aussies.

Market Samurai can hardly be called a “Keyword Research” only tool anymore. In the last month they’ve released TWO NEW MODULES, and a ton of new functionality:

NEW MODULE #1: Monetization Module – In minutes, find the best affiliate offers that relate to your keyword, and create high impact ads with a few clicks (no copywriting required!), and publish these to your blog (with full click-tracking)! You can even add Adsense, Ebay, Amazon or Clickbank ads to your blog in just a few clicks. Turning traffic into cash has never been so easy.

NEW MODULE #2: Publish Content Module – Publish keyword optimized content to your blog, automatically social bookmark it, submit it to website directories, RSS directories, and add it to Market Samurai’s Rank Tracker module so you can monitor your new article in the search engines, in just a few clicks. And here’s a roundup of some more of the new functionality that they’ve rolled out over the last 30 days: – NEW: (SEO Competition Module) – This is completely sick!… Spy on your competitors backlinks with a single click and reverse-engineer their back link strategy which you can then use for your own site!

NEW: (Find Content Module) – You can now take articles that you find from this module and send it to the new Publish Content module, edit, and publish to your blog in just a few clicks! -

NEW: (Promotion Module) – Support for Google’s new “Forum” search engine. Find hundreds of quality posts that you can use to get backlinks from. -

NEW: (Monetization Module) – Calculate the key critical business metrics for your online business, and work out expected profitability in just seconds! -

NEW: (Monetization Module) – Answer critical questions that relate to the success of your Adwords campaign. And this is ON TOP OF all the new functionality which they’ve rolled out over the past few months, like: -

NEW MODULE: Rank Tracker – Monitor your search engine positions in Google, Yahoo and Bing, in just a few clicks. It’s the only rank tracking solution that supports tracking for MULTIPLE blogs, and MULTIPLE WEB2.0 pages – the way that the SEO game is played by the pros in 2009. -

NEW: (Keyword Research Module) – Added the new Google long tail keyword source “Google Search Keywords” – find up to an additional 800 long tail keywords. – NEW: (Keyword Research Module) Zero in on high-profit keywords using the “Adwords Advertiser” column (AWA).

SO, SHOULD YOU BUY MARKET SAMURAI?

In my opinion upgrading to the full version is a no-brainer. I can’t imagine running an internet businesses without Market Samurai.

Actually that’s not true…

I CAN imagine running my internet businesses without Market Samurai because I used to do it and quite frankly – it sucked!

If someone had handed me a copy of Market Samurai when I first started looking at Niche Marketing I would have been like a kid in a candy store. Back then it literally took DAYS to do what Market Samurai now does with a few clicks of your mouse.

Heck, even TODAY it would take DAYS to do what Market Samurai can do in minutes. The only problem I can see on the horizon is our Thirty Day Challenge secret weapon is not so secret anymore.

The word is definitely getting out and more and more people are using Market Samurai to dominate their niches. This is great if you get in early and become a dominator instead of being dominated… but it also means the longer you wait to get started, the harder it’s going to be to compete.