Find Niche Publishing Markets For Real Profit Potential
Filed under: Internet
There are small vertical segments or niches within almost every market category that hold excellent opportunities for profitable online publishing. The challenge, then, is to locate them and exploit their potential to put significant profits in your bank account. The research you do up front to uncover these niches is really the key to making it happen. You’ve got to find them and make certain they have the potential to bring your profit goals to fruition.
It’s important to understand niches
The wisdom of locating and infiltrating vertical market niches has long been used as an effective tool in conventional marketing. These niches exist virtually untapped in any market due to the fact that most marketing people tend to look horizontally at the overall potential of an entire market. The smaller, vertical or specialized areas don’t come under their scrutiny because they are blinded by the mass potential of the entire marketplace. Traditional publishing is a good example. The possibilities for publishing subjects and audiences are virtually unlimited. Yet, you can break down the market into hundreds if not thousands of individual categories or niches. To the large publishers, most of these niches don’t represent enough volume to warrant serious consideration. To the small publisher on the other hand, they may be gold mines.
The advent of the internet brought a whole new world of e-book publishing potential into focus. From an overall marketing perspective, the same general rules apply as already discussed. However, the search and locate potential provided by major search engines like Google, Yahoo and others has added a new dimension to the picture.
Look in the proper places
Finding the high-potential niches is harder than it sounds if you don’t know where to look for them. It can be a frustrating and time consuming effort to the uninitiated marketer and you can’t take advantage of the hidden online publishing potential within niche market segments until you accurately identify them. Fortunately, there are proven strategies to do just that and I’m going to share them with you here.
As your first step, go to http://freekeywords.wordtracker.com/. This is a vital resource that is available to you at no cost whatsoever. In your browser’s search bar type in the subject you want to search for. For example, if you want to find markets within the broad “pets” market, type in pets. The website will give you back a sizeable list of keywords that apply to pets. Then, select those you want to target as market niches.
Amazon.com, the biggest online bookseller, is another very good resource at your disposal for locating niche segments that may have never occurred to you. Follow the same procedure. Type “books” into their search bar and you’ll see all the categories they have. Then repeat the process by typing in the categories that peak your interest. The replies will produce still more sub-categories or niches that you can target for e-book sales.
Don’t become concerned that by exploiting this Amazon info you are setting yourself up to compete with the biggest bookseller of all. Amazon is pretty slow to mail out a buyer’s book selections. As an e-book seller, you can provide the material immediately online. Thus, you are after a different market; those readers who want it right now and there are plenty of them out there.
There’s something else interesting to note about downloadable information products: To many folk they seem to have more value thanks to their immediate availability.
Still another valuable resource
Have you ever heard of a website called www.dummies.com? If not, you have missed another dynamic research tool for the e-book niche publisher. This site offers many possibilities within their book lists. They specialize in the exploitation of niche topics, the vertical subject matter guys like Amazon will generally ignore. So go through their topics and write down those that strike a responsive chord with you as potential places worth investigating.
Check out article directories too
Article directories might just be the prime source where you can locate topics for e-books. One of these, www.goarticles.com is a great example of a place to type in a suspected niche subject and be rewarded with a herd of e-book ideas. When you go to sites like this, start out with a big list of topics to investigate. Then take your selections to http://freekeywords.wordtracker.com/ and type them in. Anything that has received at least 5,000 hits- per- month represents a topic for an e-book that just may provide a cash bonanza for your home-based business enterprise.
Let’s talk internet realities now
There’s a myth around that says you can develop a website then sit back and count your big rewards. Nothing is less accurate. Properly done, e-book publishing can make you a nice living, but it’s no get- rich-quick plan. It won’t make you an instant millionaire like a lottery winner.
What it can do and will do if you handle it the right way is help you develop a series of little websites that can each generate about $1,000 per month in revenue. However, to make this happen, you need to find enough niches to write e-books for.
In the event that you don’t feel qualified to write them yourself, there are plenty of good writers around who will and for a reasonable price. You can expect to pay somewhere between $500 and $1,000 for a competent writer to develop the entire e-book for you. Sites like www.GetAFreelancer.com and www.elance.com will allow you to post a project and the writers will bid on it. It’s that easy. Just be sure they send you samples of their work before you choose them since there are many turkeys out there too.
Never forget that your bag is internet marketing, not creative writing. Have someone prepare the first product, arrange pay-per-click campaigns, prepare and disseminate a press release and a few articles about your e-book and wait for the customers. Repeat this entire process again for each new e-book you want for a niche market.
On the bottom line, a continuous stream of saleable products is the real money making secret behind successful entrepreneurs worldwide. Let General Electric, IBM and Apple come up with the biggies. Your little e-book enterprise will do you proud with your bankers, believe me.
Alex McKinnell is an information publisher specializing in helping people to start their own home based businesses. For more FREE information and FREE video training go to: http://www.the-internet-business-toolbox.com
Tags: E-book, gold mines, marketing, niche, online publishing, saleable products, valuable resource
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