I want to set up a local search engine of my own and earn profit out of it ?? What shall I do ?

[Karthik]

Shall I go for website analysis

[Listen To Me]

Well Mr. Karthik I would suggest to take help of some search engine optimization service provider and you have to equate the cost and the probable revenue to benefit from setting up local search engines. Website analysis is also a better option. You have to have a strong team of information collectors and IT team to maintain servers. Initially you have to wait for the response of public to know about the market needs. Once your search engine is popular providing information on the websites, you can have your marketing team to approach the various businesses to register with your business. Registering the business with you will generate revenue for you and also benefit the customer as you will recommend his name first (have a priority) for a particular category. I would recommend you to use the site http://www.seo-status.com

[rohit]

Web analytics is not just a tool for measuring web traffic but can be used as a tool for business and market research, and to assess and improve the effectiveness of a web site. Web analytics applications can also help companies measure the results of traditional print or broadcast advertising campaigns. It helps one to estimate how traffic to a website changes after the launch of a new advertising campaign. Web analytics provides information about the number of visitors to a website and the number of page views. It helps gauge traffic and popularity trends which is useful for market research. http://www.seo-status.com

[eddie]

I think the best thing for you would be to hire an SEO company that can analyze the situation for you. They will be able to do website analysis and also tell you the likelihood of your own search engine being successful and how to make it.