How To Profit From Top Selling Ebooks
- ARTICLES |
You see an ebook become a huge success, and wonder how you can profit from these top selling ebooks. As an infopreneur, you can come up with some creative strategies to make money from top selling ebooks - even if you didn't write them yourself!
Let's look at some ways you can leverage a successful ebook into a big profit center for your own infopreneur business. These are only representative samples - there are many more possibilities that you can take advantage of by thinking and then taking action.
Become an Affiliate of Top Selling Ebooks
Most ebooks offer affiliate programs which share profits with people like you who refer sales. All you need to do is review the ebook for your subscribers, clients or website visitors, along with a link to buy a copy for themselves. A few of your readers will act on your recommendation and buy, earning you a profit.
Buy a Reseller License to Top Selling Ebooks
While many top selling ebooks may not initially offer resale rights licenses, some of them do. By buying yourself a license (often at very reasonable prices), you will be able to take advantage of the buzz surrounding a successful ebook and keep all the profit from sales.
Apply a Slip Stream Strategy
Just as it is easy to fly in the slip stream of a jet, it is easy to piggy-back off top selling ebooks. If the top selling ebook is about a subject related to your area of interest, you could create another ebook or information product on the same or similar topic - but with a twist.
Joint Venture With Authors of Top Selling Ebooks
The creator of a best seling ebook is bombarded with things to do. And most of them will not be able to handle all the opportunities, being forced to pick and choose only the most lucrative of them. You could offer to joint venture with the authors, and take over some of these options, and share profits with them.
Broker Deals for Top Selling Ebooks
Most ebook authors have limited marketing skills. And even good marketers are limited in their reach outside their niche. If you have expertise in reaching multiple markets, or have a significant network in a niche outside their main area, you could offer to broker deals where you get paid a share for each extra sale you make in related markets.
Extend to Other Channels
Ebooks are often marketed only online. If you can convince an author that you have the expertise to exploit other channels, including offline marketing, you can partner with them on a revenue sharing deal.
Convert Top Selling Ebooks to Other Formats
Ebooks with good content can easily sell more copies by being converted in to print books, audio books, video presentations or other formats. You can be the one to make this happen, and profit from top selling ebooks.
Translate Top Selling Ebooks
This is a big opportunity. Take a top selling ebook and have it translated into other languages, and you open up a vast new market with unlimited profit potential.
Expand Top Selling Ebooks Into Bigger Package
If you secure the rights to do this, you could build up on top selling ebooks, and make them part of a much bigger package, including audio-visual content, workbooks, checklists, tutorials and even personal mentoring and coaching based on the same theme.
All of these avenues open up new profit streams from top selling ebooks. Before you embark on any of them, make sure to secure the rights to these options so that you can enjoy long term profitability from top selling ebooks... even if you don't write a word of them!
Time Management at Work
Let's look at some ways you can leverage a successful ebook into a big profit center for your own infopreneur business. These are only representative samples - there are many more possibilities that you can take advantage of by thinking and then taking action.
Become an Affiliate of Top Selling Ebooks
Most ebooks offer affiliate programs which share profits with people like you who refer sales. All you need to do is review the ebook for your subscribers, clients or website visitors, along with a link to buy a copy for themselves. A few of your readers will act on your recommendation and buy, earning you a profit.
Buy a Reseller License to Top Selling Ebooks
While many top selling ebooks may not initially offer resale rights licenses, some of them do. By buying yourself a license (often at very reasonable prices), you will be able to take advantage of the buzz surrounding a successful ebook and keep all the profit from sales.
Apply a Slip Stream Strategy
Just as it is easy to fly in the slip stream of a jet, it is easy to piggy-back off top selling ebooks. If the top selling ebook is about a subject related to your area of interest, you could create another ebook or information product on the same or similar topic - but with a twist.
Joint Venture With Authors of Top Selling Ebooks
The creator of a best seling ebook is bombarded with things to do. And most of them will not be able to handle all the opportunities, being forced to pick and choose only the most lucrative of them. You could offer to joint venture with the authors, and take over some of these options, and share profits with them.
Broker Deals for Top Selling Ebooks
Most ebook authors have limited marketing skills. And even good marketers are limited in their reach outside their niche. If you have expertise in reaching multiple markets, or have a significant network in a niche outside their main area, you could offer to broker deals where you get paid a share for each extra sale you make in related markets.
Extend to Other Channels
Ebooks are often marketed only online. If you can convince an author that you have the expertise to exploit other channels, including offline marketing, you can partner with them on a revenue sharing deal.
Convert Top Selling Ebooks to Other Formats
Ebooks with good content can easily sell more copies by being converted in to print books, audio books, video presentations or other formats. You can be the one to make this happen, and profit from top selling ebooks.
Translate Top Selling Ebooks
This is a big opportunity. Take a top selling ebook and have it translated into other languages, and you open up a vast new market with unlimited profit potential.
Expand Top Selling Ebooks Into Bigger Package
If you secure the rights to do this, you could build up on top selling ebooks, and make them part of a much bigger package, including audio-visual content, workbooks, checklists, tutorials and even personal mentoring and coaching based on the same theme.
All of these avenues open up new profit streams from top selling ebooks. Before you embark on any of them, make sure to secure the rights to these options so that you can enjoy long term profitability from top selling ebooks... even if you don't write a word of them!
Time Management at Work