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How to make money through eBooks

The internet has changed so many things in our world. As consumers, snail mail letters were replaced with email. We Skype instead of draining our wallets with long-distance phone calls. And we shop on Amazon instead of fighting for a parking space and dealing with the crowds at the local shopping mall. On the flip side of that, as internet entrepreneurs, we use email to market our products and services, Skype to conduct meetings and can earn a living selling on Amazon.com.Whether you are writing fiction or non-fiction, are an experienced writer or a complete novice, you can make money by writing an eBook!

You’ve heard about passive income, and you might be thinking, “what could be better than that?” Put in some work now and continue to reap the financial benefits for weeks, months, and even years to come. While it’s not always as simple as that, writing ebooks is one side hustle you won’t want to disregard: It is relatively simple (though not necessarily easy!), and although print books are still more popular than their electronic counterparts, it’s more feasible to break into publishing by going the Kindle (or Nook or iBook) route.

Ebooks are, well, books. But in a format where they can be delivered or downloaded online. You can write them yourself, employ writers, use public domain content, and create your ebooks from many sources. And just about any subject can be covered — just as many, if not more, than what a traditional publisher might release because you can tailor your tomes to niche markets. Travel guides, how-to manuals, mystery, romance, science fiction, self-help, technology, religions… just about any subject is fair game as long as there is a market of ready buyers.

When you think about Stephen King, you automatically know which niche he has filled. If you’re looking for a horror novel, you might be inclined to specifically seek out one of King’s books. On the other hand, if you wanted to read a historical romance, you would probably do a double-take if you saw his name alongside a depiction of a Fabio-esque gentleman and a swooning maiden wearing hoop skirts. The King of Horror has developed a place for himself in the publishing world, and you should do the same thing.

With the popularity of the Kindle and the iPad, as well as many apps for your smartphone, ebooks have never been so popular. There are even debates online as to which is the best eReader? This popularity in e-readers has opened up a whole new range of opportunities to writers who thought their dream of getting a book published would never come to fruition. The emergence of electronic self-publishing has enabled anyone to publish an e-book to a potential audience of millions, worldwide! For years, a whiff of failure hovered around the self-published author. Rejections from publishers would leave writers having to pay someone to publish their work, and after a lot of effort, the results tended to look cheap. The ebook reader, such as the Kindle, has revolutionized the publishing world, empowering and enriching writers in the process.

There are now an estimated 700,000 authors e-publishing worldwide. At the Kindle UK store alone, there are around 650,000 titles for sale with another one million free titles available for download. Find out how easy it is to publish your own ebook online. What do you need to know? What does it involve? And how much money can you make? The big problem with e-publishing is that the vast majority of books that are being self-published are terrible! They are poorly written, woefully edited, badly formatted, etc. Many people rush to get their work published online, but this is the problem. A badly written book isn’t going to sell, no matter how cheap it is!

You can compare writing an eBook to an individual running a marathon. Anyone that finishes a marathon deserves credit, it’s hard work after all. But just because you have run a marathon, doesn’t mean you should be running in the London Olympics! Very few writers see any success from their first book, often it’s their fourth or fifth that is good enough. Before you start, it’s worth thinking about the type of book you want to write. Are you writing a fiction or non-fiction book? If it’s a non-fiction book, what niche are you writing for? Tutorials and guides work well because people can learn from them. If you are writing a fiction novel, what genre are you focusing on? Crime thrillersfantasyparanormal romance, and chick-lit tend to sell well. These are the general types of ebooks that sell well, maybe because the fans of these types of books tend to read more than the average reader. Below is an explainer video showing you step by step of how you can from an eBook! – If you have any additions or question you would like us to assist you on, please feel free to contact us on the comment box below.

 

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