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Is there money to be made in E-Books?

by Jonny108
41 replies
I'm moving into internet marketing and want to specialise in e-books. Is there money to be made in the e-books market or is it saturated. Is there a learning website for beginners on how to publish e-books! Thanks. Jonny
#ebooks #made #money
  • Profile picture of the author artflair
    Of course there's money to be made but first you have to decide what kind of eBooks are you thinking about... Kindle eBooks? Online courses?
    You can find many different courses on the topic here in the Warrior Special Offers section.
    Good luck
    Art
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  • Profile picture of the author StanHyeck
    Originally Posted by Jonny108 View Post

    or is it saturated.
    There is no such thing as a "saturated" market. Such a thing doesn't exist. There are markets that are more competitive than others, but saturation is impossible.

    New people enter and leave the market every day. If you have good marketing then you can capture some percentage of the new people coming in along with some people already in that market.

    Hope this helps.
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  • Profile picture of the author Trent Pill
    There is a lot of money to be made in ebook, you just have to be better than everyone else. Not just with a good product, but with marketing those books to success.
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  • Profile picture of the author shmeeko69
    Originally Posted by Jonny108 View Post

    I'm moving into internet marketing and want to specialise in e-books. Is there money to be made in the e-books market or is it saturated. Is there a learning website for beginners on how to publish e-books! Thanks. Jonny
    I wrote my first ebook in May 2014 about horse racing betting and created a system around the subject. I got it reviewed by three main horse racing blogs and they all passed their 30 and 60 day tests. What happened next was superb and I made about £2k in six weeks and that was giving away 60% in affiliate commissions, so the answer to your question is a definite YES

    The mistake I initially made was in using Clickbank. I don't like them for two reasons, firstly their 60 day no quibble refund and the none existent customer service. If you want to use a decent payment gateway then, go for paydotcom. You have full control over enquiries and refunds and you only pay a 6% fee of any sales which you pay to them manually.

    All the Best
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    • Profile picture of the author Jonny108
      Thanks for the heads up on paydotcom. jonny
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    • Profile picture of the author twinoaks
      May I ask what your ebook is and system? I have toyed with the idea for years about selling a system or two.Would like to know how you went about yours.
      Kevin
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      Search an search you will find it one day.

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      • Profile picture of the author discrat
        Oh no. There is NO money to be made in E-books. It is an archaic way to make money in these days and times.

        How could you even think that ??

        I was reading somewhere that a person was trying to make money selling newspapers.

        Newspapers ?? Are you kidding me those things went out years ago.

        How could anyone think they could make money with newspapers ?

        Again another item that is archaic ( As I put on my best sarcastic smile )

        Seriously though. yes E-books that are of great quality and offer good value will be relevant for the foreseeable future and make money.

        It will be a long time before the 'written text' (books, E-books, periodicals etc..) will be totally irrelevant !


        - Robert Andrew
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      • Profile picture of the author jbsmith
        Trying thinking about it this way...

        1. Identify a pressing problem or frustration people have (lose belly fat, train their aggressive dog, get their teenager to listen to them, find a date, etc...)

        2. Put together a set of steps that would help someone move from where they are today to where they would ideally like to be. This is your initial draft system

        3. Refine that system through testing (one some early beta customers) and by researching (looking at what else is out there that can help you add to, eliminate or tweak your steps

        4. Hold an "official" beta where you seek to get your system into the hands of 20-30 target people - objective is to do final tweaking, get some early champions/testimonials and perhaps some early partners that can help you promote at launch

        5. Seek out additional partners - ready your pre-launch material (sales funnel, pre-launch content, partners, contests and partner support)

        6. Launch...

        7. Optionally - have an upsell planned out where they can buy the ebook "basic" package or you can upsell them to "Gold" package where they also get access to membership site, weekly group coaching calls, a few hours of personal coaching, etc...

        We use this series of steps over and over across our niches to launch ebooks and other information products

        Originally Posted by twinoaks View Post

        May I ask what your ebook is and system? I have toyed with the idea for years about selling a system or two.Would like to know how you went about yours.
        Kevin
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  • Profile picture of the author depotgang
    I think there is tons to be made....But its more on how you monetize the book then selling them
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  • Profile picture of the author jamescanz
    Originally Posted by Jonny108 View Post

    I'm moving into internet marketing and want to specialise in e-books.
    Good move !

    Originally Posted by Jonny108 View Post

    Is there money to be made in the e-books market
    A never-ending amount of money

    Originally Posted by Jonny108 View Post

    Is there a learning website for beginners on how to publish e-books! Thanks. Jonny
    Besides being focused on creating your ebooks...

    What are you going to specialize in?

    For example, do you want to create WSO's here on the forum?

    Do you want to create ebooks hosted on your own domain?

    Do you eventually want affiliates to promote them?

    Who are your ebooks going to be targeted to helping...

    The grizzled veteran or the new-comer needing help making their first sale?

    These are all questions to keep in mind.

    Once you know the answers to those (and many other questions)...

    Finding the appropriate info to help you get your feet wet should be a breeze
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    • Profile picture of the author TheWillisWay
      Absolutely there is money to be made in eBooks. I remember though back when I got into this whole world I was under the impression that I was going to be able to buy a bunch of eBooks with resell rights, package them together, and make money that way. I was wrong.

      People pay quality not quantity. In every eBook or information product I have ever created I always make sure that somehow I profit on the back end one way or another. This way I can sell it or give it away for free and still profit. This will also make sure that you can profit from others giving away your work to others for free.

      As far as publishing goes this is quite simple. Simply type your ebook up on a word document. Then when you save it save it as a pdf file. Then it's a matter of creating a sales page letting people know what they get from your new work.
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    • Profile picture of the author Jonny108
      All good questions. I know i want to write about healh issues and targetted to the over 50's but dont know the first thing to do after i have the book written. since my background is writing, i thought that would be a good area to launch my internet career. Jonny
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  • Profile picture of the author agmccall
    go to clickbank, jvzoo, digiresults, warrior plus, etc. etc. and then you tell us

    al
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  • Profile picture of the author Syed Raza
    Yeah you can make money by seeling your ebooks You an also add some affiliate links in your ebook topics to make sales
    Best of luck !
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  • Profile picture of the author IMProductReviews
    In my opinion there is no money to be made whatsoever with e-books. Of course you can make little money but your not gonna be making a killing with it
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  • Profile picture of the author jbsmith
    Of course, we sell many each day...couple of tips:

    1. Think of yourself as trainer who packages their training into information products (ebooks being one example) for scale and leveraged benefit. Taking this view, e-books are only one possible distribution format, could also be videos, teleseminars, reports, etc...

    2. Helping people solve major challenges in their lives (what the top selling non-fiction e-books do) can never be "saturated" - as these challenges, desires and new ones emerge there is an endless opportunity here. That said, you do have to pick the right topics, deliver the right value statement and information and market it well evolving as your market evolves

    Jeff
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  • Profile picture of the author Mark Tandan
    Tons to be made in this market. It is literally just getting to a 'tipping point' Think about it in terms of generations. Baby boomers are reading ebooks on tablets. Older generation? Not as much. Upcoming generations? Everything's being read on a tablet or phone. It is the way of the future, but the tech is already here.

    Don't think there's money in it? Saturated? Look at how many COURSES there are on how to get rich with ebooks. Yup, possibilities are endless.
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  • Profile picture of the author Pedro Lopes
    E-books are definitely one of the more popular ways to make money online that I'm considering exploring in the near future.. Until then, I'm just about on the same boat as you.

    Good luck!
    Pedro
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    • Profile picture of the author pcumm200
      Like most parts of online selling your e-book has to find it's Niche. While I know an e-book can make money on it's own, I feel one of the big advantages with an e-book is to give away good relevant information to build your list. The goal of which is to gain a sense of trust and start relationship building with potential future paying clients.
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  • Profile picture of the author Aboje
    If you talk about saturation, it depend on your location
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  • Profile picture of the author harvie316
    pick the right niche, im currently making from $500-1000 per month with serveral ebooks I have (including ad sense)
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  • Profile picture of the author Horacioplus
    I wrote an ebook for my lil brother to sell on a popular ptc forum (ems). he sold more than 100 copies the first month.
    The price was $4.99( first 50 copies)
    Then $3.99
    We sold over 300 copies!
    I know a guy here in this forum who already made more than 50k selling a ebook since 2012
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    • Profile picture of the author Victøry
      Humans are driven to seek out and learn new information. It's one of the strongest motivators that we have.

      Since ebooks are information they are inherently a great way to earn money.
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      • Profile picture of the author bdpop
        Ebooks are as good or bad as their content. Of course you can make (serious) money with them. They are just another medium for selling information. But in any medium it's ultimately about how well you can meet your customers' (readers') needs.
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        • Profile picture of the author devine1
          Seems like you know which niche you are aiming for and that's great! I say get your book written. Figure out if you want to sell on Kindle or sell from your own website. Create a game plan for yourself so you can keep making progress and momentum. And don't give up!
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  • Profile picture of the author Victor Edson
    Like real books, they're a fad.

    Nah.. I'm bustin yer balls. Of course there's a market for them, especially in the niche you're looking at.

    Focus first on helping people, and the success and sales will follow.
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    • Profile picture of the author Alice12345
      Originally Posted by Victor Edson View Post

      Like real books, they're a fad.

      Nah.. I'm bustin yer balls. Of course there's a market for them, especially in the niche you're looking at.

      Focus first on helping people, and the success and sales will follow.
      Totally agree on it! If your ebook is quality and helping people to make money, it will have a better sales!
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  • Profile picture of the author beasty513
    Every market has a revolving door.

    New customers pop up all the time.

    No such thing as saturated.
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  • Profile picture of the author riffraff3
    I am having trouble selling Ebooks but I also have traffic issues which I need to work on. But, I believe ebooks are very valuable and there is a market for them. Quality ebooks get right to the point in 50 pages or less. I read an ebook today that got me going on a few new awesome marketing methods that would have take me months to figure out. A $17 book probably saved me hours of time and frustration along with new ways to boost my sales. A good Ebook should have more useful in-depth content then a blog post but a lot less fluff than a Kindle book of 200 pages.
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  • Profile picture of the author Edward W Smith
    Even before you write your first E-Book, start thinking of how it fits in a sales funnel and what related products you can upsell. Keep all the products related to the concepts in the E-Book, so you don't lose buyers as they move through the funnel. Remember your book is your products and your products are your books. OK, good luck, Edward Smith.
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  • Profile picture of the author Mark Earle
    Yes there is money to be made, some important questions to ask first though are.

    1. Who is it for?
    2. How will it help them?
    3. Do they actually want what I am going to offer?

    Focus on your target market first and what are their pain points. Mindmap your ideal customer, their problems, what your solution could be.

    Put the time in at the planning stage and save a whole heap of time in perhaps writing something that nobody wants.

    Hope this helps,
    Good luck
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    • Profile picture of the author John D
      There is madd money to be made with ebooks. Something to keep in mind is, it's not what you do...it's how you do it. People will buy what you have if the marketing is solid, and the information is valuable. It's up to you if your ebook will be successful.

      Doing proper market and keyword research will get you halfway to success. From there, choose a marketing method to master and promote your ebook via those means. You can also list your ebook with an affiliate network, and the affiliate will do most of the promoting for you.

      There's lots of information around that will guide you from idea to profit. Just do some searches here in the forum or in your favorite search engine.
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  • Profile picture of the author louiem
    Ebooks are dead.

    Just kidding. Of course, there's still plenty of money to be made from ebooks. Just look around the WSO section, plenty of sellers are still peddling ebooks.
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  • Profile picture of the author rawandrew
    The money isn't in the ebook, it is in the niche the ebook targets and their passion index. The more people are interested in the subject your ebook covers the greater the chance of making money selling ebooks to that target audience.

    Also there are markets that have a high passion index but they don't have the money to pay for info products or won't pay for them because all the best information is already available free of charge.

    Besides the niche you also have to think about the selling system you will use to get customers and how you are going to maximize the lifetime customer value. Once you pick a niche and you test it, write lots of ebooks in that field that you can offer on the back-end.
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  • Profile picture of the author gsinfovision
    Banned
    Originally Posted by Jonny108 View Post

    I'm moving into internet marketing and want to specialise in e-books. Is there money to be made in the e-books market or is it saturated. Is there a learning website for beginners on how to publish e-books! Thanks. Jonny
    You can make a ton of money doing anything you want - you just have to be good at it.

    "Ebooks " don't sell - it's the information that sells and demand to supply ratio dictates profits as always.

    Having said that there's a huge market there for information products. So, yes, you WILL make good money.
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  • Profile picture of the author TomGlover
    Hello,

    I would not say that the "eBook market is saturated". You just need to do things a little bit differently, and package your content in a new, and unique way.

    Again - it all comes down to what you include in your eBook.
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  • Profile picture of the author jessicah
    Absolutely. The key is to know how to promote it in order to attract customers
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  • Profile picture of the author Kasparas
    Many people seem to be making decent money off fiction, and the beauty of this is that fiction ebooks fulfill a need that can never be saturated. When someone buys a non-fiction guide book on topic X, they are looking for a certain information, and when they find a book that provides that information, that's it. With fiction, however, a reader who is a fan of a certain genre will always want more. (Also, you don't have to be a fiction writer to be selling fiction ebooks, by the way, they can be outsourced just like anything else.)
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  • Profile picture of the author Sam Zachuth
    Originally Posted by Jonny108 View Post

    I'm moving into internet marketing and want to specialise in e-books. Is there money to be made in the e-books market or is it saturated. Is there a learning website for beginners on how to publish e-books! Thanks. Jonny
    EVERY Market is now "saturated", does that stop you from taking the lead in it? NO!

    I have found that the hardest part of ebooks and the biggest hurdle to making money from them, is producing high quality works in a time-frame that brings profit.
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