The Ebook Selling Business And The Income Potential Of Ebooks
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Selling ebooks is the entrepreneur’s dream. Come as you please, go as you please. No inventory, nobody to talk to, instant money in your bank account, etc. However, if you’ve ever tried to sell an ebook yourself, then you know how tough it is to actually make all of this happen for you.
Despite the fact that selling ebooks is tough, it still does have its advantages. It can be used as a source of extra income. You don’t have to store inventory in a garage or ship anything at the post office. Your customer can order and doesn’t have to wait a week to receive their product. And you can’t run out of products. Once it’s written and uploaded online, it can be downloadable unlimitedly. Your cost of production is zero.
When it comes to writing your ebook, the best is to stick to something that you already know about. And preferably, you want this topic to be a popular subject online. If you know alot about gardening, you could create a gardening ebook. If you know alot about basketball, you could create a basketball ebook. If you’re great at singing, you could write a singing ebook. The choice is yours, and the options are plenty.
When creating your ebook, it’s important that you deliver high-quality content. Nothing frustrates a buyer more than purchasing an ebook that contains nothing but filler. There are some ebooks out there that are 10-20 pages long that contained much better info than some of the 100 page ebooks that I’ve read. So length is not the issue - the issue is the information, and it’s your job to provide quality.
You may also want to add a few bonuses to lower the chance of refunds. And if the bonus is unexpected and wasn’t mentioned on the sales page, this is even better. This is a pleasant surprise for a customer, and they are less likely to return the product now - especially if your information is good.
Also to make your ebook marketing efforts more effective, you should include links to your other products in your ebook. Or if you haven’t created a second book yet, you could always include your affiliate links to great programs that you think your customer would truly benefit from.
This way you can earn immediate backend income even if you have created your second product yet. And when you have created your second product, you can always go back and edit your ebook to include a link to it. Sounds like you can make alot of money from this right? Well, it depends, and here’s what I mean.
JUST HOW MUCH CAN YOU MAKE FROM EBOOKS?
The amount of money that you make from your ebooks can vary. Alot of things matter. You have to consider the price of your first ebook and the prices of all of your subsequent backend products that you will market to your customers. If you do absolutely no backend marketing at all - then don’t expect to see alot of sales as this lazy agenda suggests that you’re not serious about your ebook business.
Also along with price, you have to consider the size of your target market. Is this a huge audience, or is it a small audience. With a huge audience, there’s probably alot of products that you can create related to your niche, but you will face heavy competition in the process. With a small market, there probably won’t be much competition, but the number of topics and products you can make for your niche will be limited.
But small or large, still money can be made. If you’re someone who is fine with making $24,000 to $36,000 a year with your ebook business, then this is a reasonable figure that you can attain if you can market your products successfully.
And to market your ebooks successfully, you have to include a myriad of marketing strategies. These include article marketing, link exchanges, blogging, forum marketing, video marketing, email newsletters, and also search engine optimization. None of these strategies are hard to learn, it’s the “doing” part that alot of people get stuck at. They know what to do, but don’t want to do it. Plain and simple, and their income suffers because of it.
If you can avoid being one of these people and can have the initiative to do something productive everyday to market your ebooks online, then you stand a good chance of making a considerable amount of money with ebooks in your spare time.
And as we all know, once it’s done, it’s done. So once you’re ebook campaigns are all in line and are earning money for you - all you have to do is sit back and enjoy the breeze. Good luck!
ABOUT THE AUTHOR: Randall Magwood is one of the most respected and highly-regarded online marketing experts on the internet. He has a website about internet marketing that helps small business owners learn how to market their business online simply and easily. To learn more, visit his website here: http://www.internetmarketing-rules.com