Navigating the Niche: Assessing the Viability of Keywords with High CPC
Hello,
As I embark on my journey to establish a new side business, I’ve come across an intriguing opportunity that has piqued my interest. It’s a thrilling prospect, yet I find myself pondering the implications of the keyword landscape in this niche.
Specifically, I’m noticing keywords that exhibit a combination of substantial search volume, low to medium keyword difficulty (KD), and strikingly high cost-per-click (CPC) rates. This juxtaposition raises several questions: What does this mean for my potential venture? Is this an indicator of a lucrative market, or should I tread carefully?
I am seeking guidance and insights from seasoned professionals in the field. Have you encountered similar situations? What factors should I consider when evaluating the competitiveness and profitability of entering a niche characterized by such keyword dynamics? Your expert opinions would be invaluable as I weigh my options.
I look forward to hearing your thoughts!