All language subtitles for 3. My Criteria Of A Profitable Niche

You can enter both the high competition niche and a little competition niche and still make sales as

long as the numbers work out.

In this lesson, I'll show you my criteria for entering a niche.

So what is the criteria of a profitable niche for the little competition niche?

When you type a search term on Amazon, you should get below 500 results in the search term and many

results with moderate to lower BSR in the first page.

So below around three hundred and fifty or three hundred K.

This ensures we have a chance of selling because there's OK demand and existing sales in the niche and

then this is not too saturated for the potential number of sales it might get.

Sometimes I calculate the number of listings that have a BSR which tells me how many listings in that

niche have actually sold, which then tells me whether it's worth it to enter that niche or not for

the high competition niche with many sub niches like the dogs niche with many results with the low BSR

in the first page below one hundred Cabeus.

Due to the high demand and the many sub niches we have a chance of selling even with high competition.

Granted, we have a great design correctly priced for the niche and it actually shows up to the right

audience.

Generally speaking, I look for a niche that has some good BSR action, at least in the first page.

There's good BSR movements in the second page.

Even better, the more action there is, the better.

This shows that products in the niche are selling and proves that there's demand.

I then look at the supply or competition, which is the amount of designs in that niche or subnet.

If I'm targeting a niche, then I make my analysis at the subconscious level.

The supply should be adequate for the level of demand.

If there's too much supply for the demand, then I don't enter because there's less potential of making

a sale.

Some people who go for the obscure niches and want to make one sell a month from a design might go for

a niche that has low demand and supply, which is fair enough.

I personally prefer to enter a niche that has high supply and demand for a niche that has high demand

and supply.

It's up to you which approach you take.

You can choose one or the other or both an experiment to see which one works best for you and which

one you prefer.

This is top level stuff and generally speaking.

But we'll discuss some more advanced stuff in future lessons.