Creating my first eBook – part 4 (Research My Market)

Hello again,

  I have had a nice cup of tea and allowed all the new information to digest and everything is starting to fit into place. It looks as if I have found my ”Hop Topic” to use for my first EBook. I am now starting to believe that by researching, brainstorming and taking notice of the events that happen around me that I have now already won half the battle by coming up with a topic for my EBook.

  Okay so what’s next?

  Well now that I have decided that I am going to write an EBook about ”How to Deal with Redundancy” I think it is a good idea to do some market research and see what similar products already exist out there.

  I start my research on EBay and type in ”how to deal with redundancy” which brought up a total of 34 results. However all of these were physical books with tips and advice on how to deal with redundancy.

So I changed my search and tried ”Redundancy EBook” which bought up a grand total of, wait for it ……ZERO results, yes you are reading that correctly ZERO!!! To say I was a little surprised would be an understatement. I mean these days especially on EBay I believed everything was already being sold there and I thought there was an EBook written on absolutely everything but as of Saturday Night 21st February at 21.32PM I can tell you now that I found NO results for an EBook on the topic of  how to deal with redundancy. True, maybe if I changed or altered certain words in my searches we might find something but after doing a bit of searching I have currently not found one EBook on this subject on EBay.

Now is this a good thing?

Does that mean there is not market for it?

Hmmm right now I honestly don’t know. This is why I need to do a little more, yes wait for it..RESEARCH!!!. But remember what I said before, it is the research I do now that will inventively set the path for my future success, I Hope J

 So I crack on and hit that wonderful search engine we all love to use for absolutely everything, yes that’s right, GOOGLE J I once again enter ”Redundancy EBooks” and I am given a massive list of results. 

As always I check the first 10 results. Some were good sites offering EBooks on redundancy advice and self help guides and some were very poor with very little information .But the interesting fact here is that of the first 10 results Google offered, only 5 of them were related to EBooks on Redundancy.

This is telling that the market for EBooks offering Redundancy Information has not truly been explored or exploited yet. Hopefully offering a newbie like myself the opportunity to tap into that market.

  What I am really trying to say here is that with any new product you are interested in creating and selling I think it is really important to do some Market Research on your competition and ask yourself the following questions:

Is there really a market for my idea/product?

How well are the competition doing?

Are there enough resources to help create my product?

Is the timing right for my product/idea?

These are just a few of the questions I have been asking myself since coming up with the idea of writing an EBook on Redundancy. I’m sure I will have to do a little more brainstorming as I face the challenge of finding the fresh new information I want to use for this EBook and how I can set it out in such as way that the general human being will be able to relate to but this is just all part of the journey.

I hope you enjoyed reading my latest insights, I will be back soon as I crack on with the next stage of my EBook development.

Until next time…..

Steve.

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