All language subtitles for 5 - Identifying your most profitible niche English

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These are the user uploaded subtitles that are being translated: 1 00:00:00,120 --> 00:00:06,340 So 1.3 is identifying your most profitable niche for your Kindle book. 2 00:00:06,540 --> 00:00:13,050 So before we start planning a new book we need to know exactly what topic we are going to write it on 3 00:00:13,530 --> 00:00:15,730 and we want to choose the topic. 4 00:00:15,810 --> 00:00:22,620 Either we want to choose a topic based on two following factors we want to spend the least amount of 5 00:00:22,860 --> 00:00:25,590 energy and effort into this book. 6 00:00:25,590 --> 00:00:28,330 I mean we still want to make it a really high quality book. 7 00:00:28,650 --> 00:00:34,440 But if you are an expert in health and nutrition you don't want to go ahead and write a book about the 8 00:00:34,440 --> 00:00:39,810 mechanics of a car because that's just going to take too much time and effort and it doesn't make any 9 00:00:39,810 --> 00:00:41,080 sense. 10 00:00:41,100 --> 00:00:46,590 So we want to leverage our strengths and we also want to make sure we're riding in a niche that will 11 00:00:46,590 --> 00:00:50,400 give us the greatest amount of sales and profit for a book. 12 00:00:50,400 --> 00:00:55,950 So if even if you are health and fitness expert and know health and fitness books seem to be selling 13 00:00:55,950 --> 00:01:02,010 on Kindle there's no point in trying to revive that market with your book because we want to write for 14 00:01:02,010 --> 00:01:04,930 a market that's already existing and already thriving. 15 00:01:05,370 --> 00:01:10,970 So let me show you how you can identify the most profitable niche. 16 00:01:11,000 --> 00:01:17,330 So I want you to answer the following four questions and make sure you write these down or take out 17 00:01:17,330 --> 00:01:19,300 a note on your laptop. 18 00:01:19,490 --> 00:01:23,300 That's going to be really important when we move on and we start researching each one. 19 00:01:23,540 --> 00:01:27,970 So take out a pen and paper and answer these four questions. 20 00:01:27,980 --> 00:01:31,990 What is your college degree or what is your college major. 21 00:01:32,450 --> 00:01:34,760 If you didn't graduate college go to college. 22 00:01:34,940 --> 00:01:37,490 What is your high school Major. 23 00:01:37,490 --> 00:01:40,250 What was your favorite subject in high school. 24 00:01:40,250 --> 00:01:43,570 Right and the main subject that you studied. 25 00:01:44,060 --> 00:01:46,570 The second question is what is your profession. 26 00:01:46,580 --> 00:01:49,660 What do people pay you to do every single day. 27 00:01:49,670 --> 00:01:56,230 So this is essentially what tasks do you already know that are valuable to us. 28 00:01:56,240 --> 00:02:01,450 The third is not professional but what do people ask your advice for. 29 00:02:01,910 --> 00:02:03,920 Do you have a question or two. 30 00:02:03,980 --> 00:02:08,660 Two questions maybe people always come to you and ask for your advice because they know you're knowledgeable 31 00:02:08,660 --> 00:02:09,580 in this area. 32 00:02:09,770 --> 00:02:10,430 Write those down. 33 00:02:10,430 --> 00:02:11,660 If you do. 34 00:02:12,500 --> 00:02:17,260 And lastly what is your passion or what do you want to investigate further. 35 00:02:17,480 --> 00:02:22,550 So if we don't have an answer to any of these top three books that are useful What's something you don't 36 00:02:22,550 --> 00:02:28,280 mind doing a little bit of research in to become knowledgeable about and then publish an e-book in that 37 00:02:28,370 --> 00:02:29,750 area. 38 00:02:29,750 --> 00:02:34,730 So I'm going to stress again that you write down these three to five answers before we move on. 39 00:02:34,760 --> 00:02:38,780 So please do that now and let's move on. 40 00:02:39,100 --> 00:02:44,390 So now we're going to head over the Amazon Kindle with that list of three to four different categories 41 00:02:44,510 --> 00:02:49,510 and I'm going to show you how to find the best knish for your new book. 42 00:02:49,610 --> 00:02:51,690 Let's go ahead and do that guys. 43 00:02:52,430 --> 00:02:52,790 OK. 44 00:02:52,790 --> 00:02:59,660 So I've written it down here in marks of Word document my top five answers which as you can see a nutrition 45 00:02:59,900 --> 00:03:05,350 exercise basketball social media and skateboarding get a mix of things in there. 46 00:03:05,660 --> 00:03:12,200 And again our goal is to be inside the top 10000 best sellers rank for our book. 47 00:03:12,620 --> 00:03:18,110 So our goal is to be inside the top 10000 best selling books for our e-book and that's going to get 48 00:03:18,110 --> 00:03:20,880 our goal of achieving $10000 a year. 49 00:03:21,050 --> 00:03:27,300 So let's have a look at each category and see if any of them are viable options for getting inside this 50 00:03:27,460 --> 00:03:35,180 top ten thousand for getting inside this top 10000 list and that we. 51 00:03:36,380 --> 00:03:41,420 So we know that I could write a book about any of these five things that would provide value to other 52 00:03:41,420 --> 00:03:42,290 people. 53 00:03:42,330 --> 00:03:47,710 So let's go have a look at what the best thing I could write about is in order to crack this top ten 54 00:03:47,710 --> 00:03:55,670 thousand dollar in order to crack this top ten thousand best sellers ranked list and earn out $10000 55 00:03:55,670 --> 00:03:57,970 passive per year for our book. 56 00:03:58,010 --> 00:04:01,780 Let's head over the Amazon Dot com. 57 00:04:02,510 --> 00:04:06,170 Come down to find the Kindle section you just click the category here. 58 00:04:07,000 --> 00:04:11,750 And then could kindle still then just simply search one of your content. 59 00:04:11,750 --> 00:04:19,220 So I've already searched but one of them may be basketball as basketball and Kindle store. 60 00:04:19,330 --> 00:04:24,140 And you get books with basketball appearing. 61 00:04:24,150 --> 00:04:29,970 One thing I wanted to do is then click the basketball category so I'm not just limited to books with 62 00:04:29,970 --> 00:04:31,980 basketball high in that titles. 63 00:04:32,070 --> 00:04:37,730 And then just search a blank search box right here and you get everything in the basketball Cuttery. 64 00:04:37,740 --> 00:04:42,770 So you see the best sellers list at the top and it goes down from there. 65 00:04:42,780 --> 00:04:46,710 So what you want to do is you want to have a look at the books and see if you can create anything similar 66 00:04:46,710 --> 00:04:48,360 to one of these books. 67 00:04:48,360 --> 00:04:54,020 You probably don't want to write a a full novel will you don't want to write a full 500 page novel. 68 00:04:54,120 --> 00:05:00,340 Well looking for a shorter book or maybe an instructional book maybe a short story. 69 00:05:01,080 --> 00:05:07,500 So as you can see here a lot of these books are a long version book that's really more like a historical 70 00:05:07,500 --> 00:05:13,010 book about a player and there's not very many short story instructional ones you can tell by the price. 71 00:05:13,020 --> 00:05:18,450 Normally that 2:9 less than that which is the type of book we want to create because the ones that make 72 00:05:18,450 --> 00:05:20,710 the most money and the easiest to create. 73 00:05:20,910 --> 00:05:27,030 So as you can see here basketball probably isn't a good category for me to read and just to double check 74 00:05:27,030 --> 00:05:29,310 something I'm going to check. 75 00:05:29,310 --> 00:05:30,990 The best selling rank of this book 76 00:05:34,540 --> 00:05:39,980 see down here it's 40000 in the Kindle store which means it's not selling as well as we would like our 77 00:05:39,980 --> 00:05:45,930 book to sell so therefore we can wipe basketball off the list and go said something different. 78 00:05:45,950 --> 00:05:48,280 So the thing was on my list was social media. 79 00:05:48,440 --> 00:05:53,060 So what I'm done here is I've said social media is not an exact social media category. 80 00:05:53,090 --> 00:05:58,310 So I'm just going to have a scroll through here and you can already see the amount of reviews and even 81 00:05:58,310 --> 00:05:59,370 the prices of these. 82 00:05:59,390 --> 00:06:01,500 They're much more promising already. 83 00:06:01,730 --> 00:06:10,180 So let's find a reasonably priced social media book for adults and 18 cents and it's 500 social media 84 00:06:10,180 --> 00:06:16,330 marketing tips to 500 is a lot and it's a little bit more than 2 9 9 which is where we want to place 85 00:06:16,340 --> 00:06:16,720 our book. 86 00:06:16,720 --> 00:06:18,940 As you can see this 200 pages here. 87 00:06:19,180 --> 00:06:23,110 So we may write 50 social media marketing tips or something smaller. 88 00:06:23,140 --> 00:06:27,700 That's more manageable but we just scroll down to see where they ranked and they're ranked within the 89 00:06:27,700 --> 00:06:28,810 top ten thousand. 90 00:06:28,810 --> 00:06:34,790 So you can tell just from this one book that social media is a good niche and a good market to write 91 00:06:34,790 --> 00:06:35,410 in. 92 00:06:35,650 --> 00:06:38,070 And I could easily choose that for my book 93 00:06:41,070 --> 00:06:46,680 skateboarding was another one of mine and I mean just the skateboarding category with a blank search 94 00:06:49,620 --> 00:06:50,220 you can see them. 95 00:06:50,280 --> 00:06:56,510 This one is written by Tony Hawk himself mastering escape is more one night we were right. 96 00:06:56,530 --> 00:06:58,830 I don't know how many pages turn it into pages. 97 00:06:58,830 --> 00:07:00,070 Again it's a lot of pages. 98 00:07:00,070 --> 00:07:01,320 It's a very high price. 99 00:07:01,320 --> 00:07:06,260 It's not exactly the book that we will be writing but just to see the seller's rank you can see five 100 00:07:06,260 --> 00:07:07,860 hundred thirty nine thousand. 101 00:07:07,870 --> 00:07:11,410 Obviously it's not a great selling niche on the Kindle store. 102 00:07:11,500 --> 00:07:15,700 So let's avoid skateboarding as well as basketball. 103 00:07:15,700 --> 00:07:19,510 Lastly this is nutrition and nutrition is a big category. 104 00:07:19,510 --> 00:07:23,930 There are a lot of different types of books in nutrition but I've just got the nutrition category up. 105 00:07:23,950 --> 00:07:29,110 And as you can see from the top selling here is an expensive book it's a bigger book again than we're 106 00:07:29,110 --> 00:07:30,080 going to create. 107 00:07:30,100 --> 00:07:33,030 Three hundred twenty eight pages of very comprehensive. 108 00:07:33,310 --> 00:07:40,000 But I would be surprised if they yet they are ranked 858 in the Kindle Store which as you know is very 109 00:07:40,000 --> 00:07:41,980 beneficial and pays very well. 110 00:07:44,020 --> 00:07:45,990 Just have another look at another book down here. 111 00:07:46,240 --> 00:07:49,970 Maybe maybe a slightly cheaper one. 112 00:07:50,380 --> 00:07:52,030 So this is a similar book to make. 113 00:07:52,030 --> 00:07:53,680 So we're going to make a high quality book. 114 00:07:53,680 --> 00:07:55,610 We want to maintain a five star rating. 115 00:07:55,870 --> 00:08:01,120 How to make iced coffee drinks 25 best iced coffee recipes to enjoy simple booklets have a look how 116 00:08:01,120 --> 00:08:05,900 many pages that is just 40 pages so that's very slim of the book. 117 00:08:05,900 --> 00:08:15,300 We to write a little bit high quality so we can maintain high rankings. 118 00:08:15,490 --> 00:08:23,030 He is nice on the Paleo Diet revise Wandel a nine on Kindle edition against a longer book. 119 00:08:23,260 --> 00:08:27,640 You know the drill there we're going to read it shorter but they ranked well with limited them. 120 00:08:27,730 --> 00:08:31,600 So I'm going to pick nutrition from my category whatever you're choosing. 121 00:08:31,600 --> 00:08:34,940 Type it in have find the category and make sure it's profitable. 122 00:08:35,050 --> 00:08:41,770 Let's head over now to module to where I want to just shatter a few of your misconceptions about kindo 123 00:08:42,240 --> 00:08:46,870 and I want to make sure that you know that are more than skilled enough to write your own book and it's 124 00:08:46,870 --> 00:08:50,830 very possible to write it in 72 hours and get these type of results. 125 00:08:50,840 --> 00:08:53,560 That $10000 plus passive a year from it. 126 00:08:53,740 --> 00:08:57,970 So I'm going to go over and shatter a few of those misconceptions and then we're going to continue to 127 00:08:57,970 --> 00:09:04,450 research our competition like we're doing here and find the best pots that we can copy and find the 128 00:09:04,450 --> 00:09:08,130 parts that we want to add to make our book better than the competitions. 129 00:09:08,150 --> 00:09:09,840 So let's head over a model to now. 130 00:09:09,880 --> 00:09:11,210 I'll see you guys.13525

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