How To Make Money Selling Ebooks
- ARTICLES |
Infopreneurs turn words into wealth. The words can be spoken in front of an audience, recorded onto tape, typed on a sheet of paper or electronically into a computer or wordprocessor. This last method creates ebooks. And you, as an infopreneur, can make money selling ebooks.
There are many steps involved in reaching your ultimate goal to make money selling ebooks. First, you have to create, license or commission someone to write your ebook. Then you have to identify your target market. Next you have to create a selling process including a way to accept payment. Finally you must deliver the ebook to buyers.
You can find a lot of information about these technical steps. What isn't often explained clearly is how to make money selling ebooks. We'll look at some ideas in this short article.
Make Money Selling Ebooks Itself
The price of your ebook becomes your profit, after you have covered the expenses of advertising and technology involved in processing payments and delivering your ebook to buyers. The more ebooks you sell, the bigger will be your profit.
If you use a channel to distribute your ebooks, the cost of maintaining that channel cuts into the money you will make selling ebooks. For example, you may use affiliate partners to help you sell more ebooks - and in exchange, you will pay your affiliates a portion of your profits.
Make Money Selling Ebooks Rights
In addition to selling ebooks, you could also sell the rights to resell your ebooks. This way, a buyer gets to sell copies of your ebook to others, and keep all the money.
How does this help you? Often, depending on the niche, ebooks rights sell for a higher price (a multiple of 5 to 25 times) than a single copy costs. That's only fair, since the buyer now can sell the book and pocket all profits. If the reseller makes more than 5 or 25 sales, the rest is pure profit.
Make Money Selling Ebooks Branding
Resellers often like to have the flexibility of having the ebooks branded with their business identity. If they can have their business name, website and other details branded into the ebook, it will help them generate back-end business from each copy they sell.
As the author of an ebook, you can sell the branding rights as a separate profit center. Personalizing the ebook can be valuable to the buyer, and deserves an added charge.
Make Money Selling Ebooks Private Labeling
A step further than simple branding is to allow a buyer to claim ownership of the ebook itself by offering private label rights. This permits a buyer to modify, edit, or add to your ebook, or even just use it as given but placing his or her name on it as author.
Again, the benefit to you, as author of the ebook, is a quick injection of cash into your business and swift payment for the effort you invested into writing the book. It allows you to move on and work on a different project.
Make Money Selling Ebooks Licenses
If you want to retain all rights over your content, but still see your ebook reach a wider audience, you could issue licenses which permit others to sell your ebook through their networks. In return, they will pay you a licensing fee.
The license may be renewable over a period of time, giving you an option to earn ongoing income from the arrangement. Also, if circumstances change, you can withdraw or revoke the license.
Hopefully this has given you some insight into the different ways to make money selling ebooks. There are many other tweaks and twists on this basic idea, and you can learn more about it from various infopreneur resources on the Web.
Time Management Game
There are many steps involved in reaching your ultimate goal to make money selling ebooks. First, you have to create, license or commission someone to write your ebook. Then you have to identify your target market. Next you have to create a selling process including a way to accept payment. Finally you must deliver the ebook to buyers.
You can find a lot of information about these technical steps. What isn't often explained clearly is how to make money selling ebooks. We'll look at some ideas in this short article.
Make Money Selling Ebooks Itself
The price of your ebook becomes your profit, after you have covered the expenses of advertising and technology involved in processing payments and delivering your ebook to buyers. The more ebooks you sell, the bigger will be your profit.
If you use a channel to distribute your ebooks, the cost of maintaining that channel cuts into the money you will make selling ebooks. For example, you may use affiliate partners to help you sell more ebooks - and in exchange, you will pay your affiliates a portion of your profits.
Make Money Selling Ebooks Rights
In addition to selling ebooks, you could also sell the rights to resell your ebooks. This way, a buyer gets to sell copies of your ebook to others, and keep all the money.
How does this help you? Often, depending on the niche, ebooks rights sell for a higher price (a multiple of 5 to 25 times) than a single copy costs. That's only fair, since the buyer now can sell the book and pocket all profits. If the reseller makes more than 5 or 25 sales, the rest is pure profit.
Make Money Selling Ebooks Branding
Resellers often like to have the flexibility of having the ebooks branded with their business identity. If they can have their business name, website and other details branded into the ebook, it will help them generate back-end business from each copy they sell.
As the author of an ebook, you can sell the branding rights as a separate profit center. Personalizing the ebook can be valuable to the buyer, and deserves an added charge.
Make Money Selling Ebooks Private Labeling
A step further than simple branding is to allow a buyer to claim ownership of the ebook itself by offering private label rights. This permits a buyer to modify, edit, or add to your ebook, or even just use it as given but placing his or her name on it as author.
Again, the benefit to you, as author of the ebook, is a quick injection of cash into your business and swift payment for the effort you invested into writing the book. It allows you to move on and work on a different project.
Make Money Selling Ebooks Licenses
If you want to retain all rights over your content, but still see your ebook reach a wider audience, you could issue licenses which permit others to sell your ebook through their networks. In return, they will pay you a licensing fee.
The license may be renewable over a period of time, giving you an option to earn ongoing income from the arrangement. Also, if circumstances change, you can withdraw or revoke the license.
Hopefully this has given you some insight into the different ways to make money selling ebooks. There are many other tweaks and twists on this basic idea, and you can learn more about it from various infopreneur resources on the Web.
Time Management Game