One great marketing research tool you can use to scope out the Internet for potent money-making opportunities is Google Trends. This is a really cool tool that allows you to see what are the hottest searches almost in real time. It will allow you to see the most popular searches on Google over the last few hours.
This is where you can put to work some of your 'guerrilla marketing' skills to make some fast and easy cash. So if you find a search term is getting a lot of traffic, like an Elmo toy or a specific gadget, what you can do is the following to start pulling in some easy traffic and fast profits:
Step 1 – Set Up A Free Blog
Go to a free blogging service like WordPress or Blogger and set up a blog on the search term. Include the search term in your blog URL if possible as this will make it more optimized to get targeted traffic. Write one or two articles (or get someone else to write them quickly) and post it up on your blog.
Step 2 – Set Up Monetization Points On Your Blog
There are a few ways to monetize your blog for easy money: Google AdSense is definitely one of them. Another one is affiliate programs. Let's say you want to promote an Elmo toy. You can go to CJ.com and find a merchant that sells Elmo toys and get the affiliate link or the banner ads to post up to your blog and start making money.
Step 3 – Drive Traffic
Drive traffic to your new blog – use Google Adwords, use the Content Network in AdWords as well or even submit articles to article directories. Post in forums related to your subject matter. Social bookmark your blog posts, and use Stumble Upon. Ask someone to Digg your blog posts. All these simple steps will drive a flood of traffic to your new money machine and you'll ride on the wave of the popularity of the search term.