For Writers and Newbie Internet Entrepreneurs
Selling eBooks (view my ebooks here) is by far my favorite and one of my most profitable ways to make money online. If you enjoy writing, it’s easy to do, there are practically no production costs. The best part about creating your own eBooks is that you can make as much money as you want if you know how to write well, market your product, and create the kinds of eBooks that people want to buy. There are some people who believe that eBooks are only good for promotional purposes, but I believe that if your writing an ebook for the right type of person, you could make a decent amount of money from selling ebooks.
I’m sure you are wondering, who is the right person and what is the best kind of eBook to write? Generally speaking, for authors of any type of work, I believe that giving your readers the option to purchase your book in eBook form is a great way to diversify your sales, but it’s worth noting that most people don’t want to read a 200 page novel on their blackberry or their computer. If you want to get into the business of creating and selling eBooks here are a few things to keep in mind:
As indicated Alexis Dawes points out in her eBook ‘Desperate Buyers Only‘, the people who really want to purchase an eBook are usually the ones desperate for a specific type of information that they want right away. Furthermore, they don’t want to have to sift through pages and pages to find the answer they are looking for, so for this audience small eBooks (20-45 page average) work best.
If you currently have an idea that you want to turn into an eBook, is the main goal of your book to solve a specific problem for a specific audience and do you think that audience is willing to spend money to buy your book? If your book has nothing to do with solving a problem or you aren’t currently an established author with a fan base, it will be difficult to get your book sold solely in eBook form. I highly recommend that you also look into ‘self publishing’, perhaps using my favorite print on demand service ‘lulu.com‘.