I'm looking at a market that has a couple of possible niche opportunities and am trying to determine a blog ULR/domain name for good on-page coverage. I've been thinking about a three word URL/domain, let's call it "Red Flyer Wagon". Now the key word phrase "Red Flyer Wagon" by itself has little traffic but the term "Red Flyer" does and so does "Flyer Wagon". Getting on page one of the search term "Red Flyer Wagon" will not generate much traffic but getting on page one on search terms "Red Flyer" and "Flyer Wagon" would. Does anyone have any thoughts or experience in this type of domain name configuration. With a URL/domain name "Red Flyer Wagon" will I get good on-page "juice" for "Red Flyer" and "Flyer Wagon" or only for "Red Flyer Wagon"?
I could of course create two blogs one for "Red Flyer" and one for "Flyer Wagon" but that doubles the work and expense.