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Where can I get statistics on how much my competitors are selling/earning?

by Domain 1
4 replies
Someone recently asked me this question: How many products (ebooks in my case) do you estimate you will sell per month? I replied that I didn't know and will have to wait and see. They told me I had not done adequate research on this and in order to find the answer I would need to know my competitors conversion rates, what sales channel(s) work best (such as affiliate sales or direct site sales etc.) and the average amount earned by people in this niche.


How am I supposed to do this, it's not like I can ask a competitor those questions and I certainly don't know where to source it?


Can anyone give me an answer on how to do this, really appreciate feedback.
#competitors #estimate #feedback #niche #selling or earning #statistics
  • Profile picture of the author cristeck
    You could try using spyfu.com
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  • Profile picture of the author davegarcia939
    Checkout their blogs, if they publish their monthly or quarterly income report you can get some idea.
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  • Profile picture of the author Chr
    They told me I had not done adequate research on this and in order to find the answer I would need to know my competitors conversion rates, what sales channel(s) work best (such as affiliate sales or direct site sales etc.) and the average amount earned by people in this niche.
    Nah thats ridiculous. I don't see how you could do an estimate like that without an incredible margin for error.

    For an estimate like that to even be reasonable, you would need to
    1. have a mountain of data available
    2. expect your product to preform in the exact same way your competitors' products do
    Its very rare for both of those two things to be the case.
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    • Profile picture of the author Domain 1
      Originally Posted by Chr View Post

      Nah thats ridiculous. I don't see how you could do an estimate like that without an incredible margin for error.

      For an estimate like that to even be reasonable, you would need to
      1. have a mountain of data available
      2. expect your product to preform in the exact same way your competitors' products do
      Its very rare for both of those two things to be the case.
      That seems spot on, I mean I don't have the resources to get this kind of data, rough guessing is the only way.

      I think the only way to get these answers may be to just jump in and see what happens, then based on response, glean an idea of what ways work best and what are realistic outcomes etc.
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