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Originally Posted by Forkbeard
Awesome post, been doing this for years and it pays off for the patient.
Since I have a huge surplus of domains I generally just use something from my portfolio with supporting keywords in it.
One other good way to find a new keyphrase to target is to watch the stats for your existing pages. If you see one of your one-page-wonders getting a volume of searches for some unexpected phrase, consider making a page targetted to that phrase.
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Yup, it is grower traffic but I like having a lot of that traffic sitting around in the background while I work on the 'faster' projects.
I also stuff them onto existing domains. Especially now that I have a ton of blogs that are the only thing on their domain. No reason not to make sure of those domains in every way you can.