The first and most basic step is to type your search term into google [my keyword]. This will be how people will find your site, so I guess it’s the most important (it’s not really). I don’t even really look at the number of competitors at this level, what’s more important is PR. If there are 6′s and 7′s at the top few sports on the SERPs you’re in trouble with this keyword (Even 5′s are tough). If the PR’s are 4 or less you should have NO problem getting a good ranking for your keyword (Don’t worry you wont need to get to PR5 to beat a 4 if you build your site properly).

The second step is a more targeted search by quoting your keyword ["my keyword"]. This is where I start to look at my number of competitors. More than 2 million and I’m not happy, more than 5 million and I’m really not happy (will only do it if it’s a really juicy keyword), more than 10 million and I’m going and looking for a new keyword. PR is important at this step too. Hopefully no one has higher than a 5, if they do then take that into account with the number of competitors and think if you want to work this hard to make a small site.

Third do a targeted search for the top two criteria for on site keyword ranking, your title and URL (I’ll talk about this in steps 4 & 5)[allintitle:"your keyword" & allinurl:"your keyword"]. The number of sites that come up for these should be a lot lower. Look for numbers less than 50k for these, and again preferably under PR5. If there is a site that comes up number 1 rank for both of these searches and has a high PR it will be tough to beat out.

Anyway if you make it through this step and are still happy then you’ve probably found a winner so congratulations. Next time we’ll get into building your site and the fun begins.