If you are passionate about writing, there are many ways you can start making money with ebooks. It is very easy and cheap to create an ebook, while you also have the freedom to set your own price. There are also many ways you can market your book through social media and other avenues and start making money. In this article, I will talk you through how you can start making money with ebooks.
What are Ebooks?
Ebooks are electronic books that can be accessed and downloaded online. You can read them using electronic devices like a mobile phone, computer, or tablet. You can write an ebook by yourself. Alternatively, you can hire some writers and cover almost any topic. The upside of ebooks is that you don’t have to rely on an editor who decides whether or not to publish it.
How to Publish an Ebook and Start Making Money
Making money from an ebook is not a walk in the park. You need a lot of effort and determination and do a lot of marketing. Before you can start making money from an ebook, you need to format it to derive good sales. For instance, you need to convert an ebook to kindle format before you can publish it.
Here is how you can publish and start making money from an ebook.
Choose a Niche for Your Ebook
You need to find a great niche and topic for your ebook. When choosing a topic, ensure it is of high value to your audience. You also need to be experienced and passionate about the niche and topic you are writing about. You will attract more sales if readers know that they know you have first-hand experience in a topic you are writing about.
Design a Cover
The next thing you need to do is to design a cover for your ebook. A cover plays a critical role and attracts people to buy and read an ebook. It also makes your ebook look professional and gives the reader the confidence to buy one. With a great cover for your ebook, you can sell and make money from an ebook.
Provide Quality Ebook Content
Quality is king. You need to write quality ebook content that adds value to the reader. Make sure that it provides solutions to the reader. Make sure to proofread and edit your ebook to ensure that it meets the quality that can be desired by your readers. Also, use the necessary tools to edit and proofread your ebook. Try and get feedback from many people.
An honest critique is as valuable as gold. Make sure to improve the areas that have been criticized. With this, your readers will be willing to buy your ebook and suggest it to other people.
Read more: How to make money online.
Get a Valuable Publishing Platform for your Ebook
You need to look for a valuable publishing platform for your ebook. There are many ebook publishing platforms you can use and make money from an ebook. Look for one with multiple tools to format your ebook and one that offers value for money.
Market your Ebook
The next thing you need to do to make money from an ebook is to market it. Find some reliable platforms where you can promote your ebook online. You can market your ebook through social media or through personal blogs. The best way is to find a reliable way to market and promote your ebook online.
Format your Ebook
Finally, after writing an ebook, you need to format it well. You need to convert your ebook into kindle format before you can publish it. For instance, you can use Amazon’s Kindle create to format your ebook. If your ebook is poorly formatted, readers will not consider it as an option regardless of the content therein.
Where to Publish and Sell Ebooks Online
There are many websites where you can publish and sell ebooks online.
Payhip is a great website that can help you sell and make money with ebooks. You can sell downloadable material through the website. It comes with excellent tools to help you sell your ebooks like discount coupons, share buttons, and affiliate programs. Payhip charges 5% of all the sales you make from your ebooks.
2. Amazon Kindle
Amazon Kindle is a website where you can sell your ebooks online. It is owned by the largest eCommerce retailer; Amazon. You get access to a large market attributed to Amazon’s large market share. However, its downside is that you only get 70% of the sales, while Amazon retains the rest of the sales.
Smashwords allows you to publish an ebook using different distributors like Kobo Barnes & Noble. It is free to publish an ebook and you can access free tools you can use to format your ebook. You get 80% royalty on all sales you make from Smashwords and 60% on other distributors.
Lulu is a great platform that can help you format your ebook in your preferred design for a small fee. You can sell your ebook to different publishers and you can convert it to EPUB or PDF format.
Blurb is a great platform that can help you make money with ebooks. It comes with tools to help you create an ebook. You can automatically format your ebook in your preferred format. It gives an option to sell your books in markets like Amazon, Blurb, and Apple iBooks Store.
Tradebit is also an excellent website to sell your ebooks and make money. You can create a sales page that you can use to sell any downloadable material. It allows you to sell your ebooks on eBay, a leading eCommerce store. Tradebit allows you to set custom prices, take advantage of social media integration, and use affiliate programs.
Summary of How to Make Money from Ebooks
Making money from ebooks can be a lot easier if you know how to go about it. You need to find a great niche, find a relevant topic, provide high-quality content, format your ebook and then publish and market it. With this, you can attract many buyers and generate more sales for your ebooks.