Can You Really Make Money From Writing Ebooks?
Make no mistake, the eBook phenomena has taken the internet by storm.
Everyone from large company’s, famous authors, internet marketers, through to stay at home mothers are utilising the eBook medium to spread the word of their brand or product. Large profits are being generated for very minimal financial investment and this is the beauty of eBooks over traditional paper books.
Anyone with a computer, word processing program, PDF compiler, a site to host the Book file, and a means to collect the payment, can write and sell an eBook for profit. Now some of you may be scratching your heads and wondering…
“A pd what?” or “I need my own web site, isn’t that a lot of work?”
Well its not as complicated as it may sound.
Ok, first things first.
A PDF is a portable data file. Its basically a file that is very easily downloaded from the internet. You probably use one more often than you realise. I’m betting that you have wanted to read an article or document that someone has sent you or you found on the internet, and when you selected to open it you read it in Adobe Reader. Well that’s the most common program people use to view PDF. A compiler simply converts a word document you may have created into a file that can be uploaded by you for others to download and read in adobe reader or a similar program. Not so scary now is it?
A site to put your file on for people to download could be your own, but there are sites that will host your book for you, usually for a fee, but owning your own site is not essential, but it is certainly the more cost effective option in the long run.
“Yeah but can I make money from this?”
You bet your bottom dollar you can.
The internet is the largest market place in the world. Millions of people use it everyday and who knows how many million people are online at this very second. Anyone that gets a quality product in front of a portion of these masses of people is going to make money, its simple common sense. With the ease of online transactions these days, more and more people are buying products online. People literally book vacations and order their clothes to wear there while sitting in their pyjamas.
“Ok, so I can sell eBooks and make money?”
If you pick a topic that appeals to enough people, write a quality product and put it into an eBook format, you can make money. People are hungry for information and the internet provides instant gratification for them. An eBook that provides a solution to someones problem can be a real money magnet. People today want everything now. They don’t want to wait and go to the library tomorrow or order a book and wait for it to turn up. eBooks can provide answers and can provide them straight after the download. No waiting, no marching to the Book store or library. Due to this instant satisfaction, eBooks usually have a price tag that matches and often exceeds typical paper book prices. The next beautiful part is that eBooks don’t have to give royalties to publishers (if you have your own site) and don’t have shipping and handling charges. They also have no impact on the environment.
“Ok so what can I write about?”
Pretty much anything. Obviously some topics command more attention than others. You need to first decide what you actually know information about with regards to a topic. Next you research to see if there is a target audience for your book. You then set about writing the Book and making sure its useful and is worth paying for. Do not, under any circumstance, write any old nonsense, throw it together into an eBook and expect the money to roll in. What you can expect is to be giving refunds and word to spread that your book is a waste of money. Write quality and you will reap what you sow financially.
“So how do I get people to buy my book?”
After you have written your book and put it online for sale, you are best to recruit affiliates to sell it for you. ClickBank is the most recognised choice for eBook affiliate distribution. You can have a lot of affiliates, basically online sales people, selling your book for you by using click bank.
The Kindle platform is now accepted as the best place to sell ebooks and learning how to sell kindle books can be the best path for a self published author.
“So what can I earn”
The truth here is, anywhere from zero to the sky’s the limit. Some people write eBooks that simply don’t sell. Either low demand for the topic or lack of marketing. Rest assured though, there are people making serious money from writing and selling eBooks. More than a few people have quit their jobs after writing and selling an eBook or even several. The financial potential is vast to say the least.
If you are serious about writing and selling eBooks then I suggest doing as much research as possible into learning how to do it properly. Don’t just rush out and write an eBook hoping to retire within weeks. Research on how to write, what to write, how to market the eBook, learn as much as you can and then take action. Don’t just get trapped in the learning aspect, try out what you have learnt and see where you can improve or innovate.