How to research a niche market for an e-book

Jul 28
08:19

2007

Graham Wardle

Graham Wardle

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To find a niche market for information products can be an absolute killer if you don’t know where to look. Whilst publishing niche e-books is a proven business that can make you a lot of money, finding niches to exploit can be both time consuming and disheartening if you struggle to find the right market.

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Thankfully there’s hope. In this article I’m going to show you a simple strategy you can use for finding as many niche markets to sell e-books to as you could want.

http://freekeywords.wordtracker.com/

This is an amazing resource that won’t cost you a penny to sign up to.

 Go to the above site and start typing in niche markets that interest you. If you had an interest in fishing you’d type in “fishing”. Then all you need to do is make a list of all of the sub niches within the general niche market of fishing. These are all potential niches for you to exploit.

www.amazon.com

The bookselling giant’s amazon.com is an amazing resource for finding niche markets you’d never have thought about entering. Go the web site and in the search bar select “books”. Then type in a niche you’d like to create a product around. For example type in “pets”. Go through the results and start jotting down all of the niche markets that jump out at you.

When many people hear this technique they immediately think “wait a sec how can I compete with Amazon?” You won’t be of course you’ll be catering for a different market. When people buy from Amazon they have to wait days for a book to arrive. As e-book publishers we can offer instant gratification as our customers get our info products straight away as a download.

Another great thing about downloadable info products is bizarrely they are seen to have a higher perceived value. You might be able to charge fifteen dollars for a book selling it via Amazon. However if you sell a downloadable info product you can charge up to fifty dollars. Crazy but true.

www.dummies.com

This is another fantastic research tool for the niche e-book publisher. You can find a ton of niche topics across all of the “…For Dummies” books.  The Dummies Company has made creating niche products an art form in its own right. Search through their titles in general niches that interest you and jot down potential e-book topics.

www.goarticles.com

Article directories are,How to research a niche market for an e-book Articles in my eyes, the best way to find subjects to create e-books around. The directory Go Articles is just one of many in which you can go to the site, type in a niche subject in the search bar and get literally thousands and thousands of e-book ideas.

The key here when visiting these sites is to just make a huge list of potential topics, and then when you’re done go to http://freekeywords.wordtracker.com/ and type in your topics. If there are people searching for information on the subject (at least five thousand a month) you’ve just found an e-book topic that could turn into a very lucrative home based business.

I want to quickly dispel a myth about the internet. Don’t for one second think you can just throw up a site, sit back and become rich. Many would have you believe the internet is just one huge get rich quick scheme. That couldn’t be farther from the truth. Done properly e-book publishing can change your financial situation dramatically.

We’re not aiming to become a millionaire here. We want to build a network of mini sites that each makes about 1K a month. Being able to come up with an endless amount of niche product ideas is the key here, and then all you need to do is create the product.

I know what you’re thinking. “All you need to do” is create a product. They’re hard to create right? Well no actually you don’t need to write a single sentence of your e-book. You can hire people to do so at elance.com or guru.com. For around five hundred to seven hundred bucks freelance writers will create the entire book for you.

You are an internet marketer, not a writer. Have one product created, set up pay per click campaigns, write a press release and blast a few articles over the net on the topic of your e-book. Then have another one created, do the same, and just rinse and repeat.

Multiple streams of autopilot income are the secret of wealthy entrepreneurs from around the globe. Now thanks to e-books and the internet, anyone can set up streams of income that sends money into their bank account even whilst they sleep.