When I started in self publishing, I was taught to find niches in high demand by using the Google Keyword tool.
Giving an indication of demand in a particular niche.
Then create a book around that demand.
Make sense, right?
Well, sadly it doesn’t.
This is what I like to call ‘herd thinking’.
Thinking like this, is what sees over 96% of people lose money in the stock market.
Following the general consensus of everyone else.
That is NEVER a good idea.
So, I began to go right to the source to discover demand.
Finding profitable niches, is as simple as finding out what is already selling on Amazon.
Forget about Google or what your friends think is popular right now – that is a recipe for disaster.
Amazon has a wealth of information for indie authors.
The great thing is, OTHERS have already tested the market – so you don’t have too.
You just want to ‘ride on the wave’ of what other self published authors have discovered.
HINT: Look at ALL the best sellers in multiple categories and sub-categories and look for patters in the top 20.
That “in a nutshell” is how you find the profit niches on Kindle.
You’re looking to start a business in your local area as you’re fed up working for someone else and wasting your life away. As you flick through the Yellow pages in your area to get some inspiration, EVERY business has revealed their revenue and profit for the last month RIGHT IN THE AD.
That would be a dream scenario, right?
That would surely enable you to start a business in an area where many other “similar” businesses are doing well, right?
Well, did you know you can get this data with Amazon books?
If you know how to decipher the “Best Seller Rank” assigned to each book in the Kindle store, that is…
Well, I’ve deciphered it for you.
With a simple kindle book research software that sits right in your browser.
It’s called: KDSPY – formerly KindleSpy.
Just browse a Kindle category, click on the software, and you’ll instantly have their estimated sales figures for the last month.
PLUS, you get to see the patterns in ONE click, allowing you to find the profitable books — discarding the rest.
See it action here: