subject: Creating Ebooks - How To Choose Your Niche [print this page] Creating Ebooks - How To Choose Your Niche
You can make money in your niche by creating ebooks. Creating ebooks is an easy way to get your product out there and make money through what you know. You can create ebooks on your hobby, skill, popular topics, the trends, as a solution to people's problem and so on. To choose the right niche and create ebooks that sell, you will need to know what others want as hobbies, solutions to their problems and so on, enough to pay, this is what will guarantee you sales.
To know what other people want enough to pay for on the internet, you will need to do some keyword and market research on the niche you are interested in. Every skill, hobby, topic etc belong to at least one niche, and the niche may be narrow or wide. For example if you are a mechanic or you have some mechanical knowledge and skill, this may go under such niches like mechanics, engineers, or engineering. If you create hand-made shoes, this may also go under niches like shoes, crafts, handiwork etc.
Keyword research will let you know what others in your niche are looking for online. To do your keyword research, you will need a keyword tool like the Google Adwords Keyword tool, available for free on Google website. You can type in any phrase or term that is related to your niche and the tool will give you a list of keyword search terms relating to your niche used by web visitors online and with some other statistics. You can use this to know if your possible targets are searching for anything at all on the internet and what they are searching for specifically and how many times (in relative terms) they search for it. To get a list of sites (competitors) providing content, products or services that may meet the need of those searching for these terms, you may have to use third party tools online.
You will also need to do some market research on the internet too, to know what products and services exist for your niche online. You should specifically do some ebook market research too to know what other ebooks are available for free or sale in your niche online. You may also want to research available government statistics to have an idea of revenues made in the niche in previous years. You want to know how profitable your niche has been over the years. You should also research more than one niche, so you can have the option of creating ebooks in niches where you can make more money.
Your research efforts will let you know if you will need to acquire more knowledge or skill in order to create valuable and competitive ebook products that will sell in specific niches on the internet. If you can afford to, you may also outsource the creation of your ebooks.
Doing it this way, will let you select the right niche and, you can also use the information gathered through your research, to create ads and content that sell, for the promotion of your ebooks.