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12 steps to make money selling eBooks online

 

 

12 steps to make money selling eBooks online  Table of contents  Who should write and sell eBooks? How to write and design an eBook 1. Do some research and choose a topic 2. Set a budget 3. Write the book 4. Self-publishing before the final edition 5. Format your book 6. Design a cover 7. Find beta-readers How to sell eBooks online 8. Choose a sales platform 9. Set the price of your book You don't need to charge a lot for your book to get an interesting additional income. If you offer your eBook for $2.99 on Amazon, the minimum amount you need to charge to receive 70% of the royalties, you will earn $2.10 per book. If you sell 5 books a day, you will earn $315 a month. After a few years of writing, you could easily have 15 books. If they are all neatly written with beautiful covers, you can expect to earn almost $5,000 a month on book sales only through Amazon. Otherwise, you could achieve the same goal if you sold your book on your website for $11 for example, selling one a day. 10. Market your book 11. Establish partnerships with affiliates 12. Give a gift for prospects  Selling eBooks is not easy money and it is not given for everyone. But if you are looking for other ways to make money blogging, then publishing an eBook is a great way to grow your business. Who should write and sell eBooks?  Writing an eBook is a great way to make money blogging or try a new way to earn extra income. You don't have to be a professional writer, have perfect grammar, or have publishing experience to make money selling eBooks. However, there are a few criteria to consider before starting your eBook sales project.  You need to be a subject matter expert: For non-fiction eBooks, you don't need to be a writing expert, but you do need to be an expert on the topic you're writing about.  You have a lot to say: when you self-publish, you can make your books as long or short as you want. That said, people won't be happy if your book is the length of a blog post. If you plan to sell your book, it should be at least 20,000 words (about 40 pages) long.  You need to stay focused: You need to be able to maintain a clear and useful focus to sell an eBook that has an impact. For fiction books, you will need to make sure that you come up with a solid plot that readers can easily follow. You need to have a small amount of money to invest in the project: self-publishing is inexpensive, but in most cases it is not free. You will have to plan a budget of at least a few hundred euros to publicize your project. How to write and design an eBook  The first part of making money with an eBook is to create one, but you need to figure out what kind of eBook you are going to create. There are two types: eBooks that you give away for free or those paid ebooks. The ones you give away for free are usually a bonus that you offer to entice someone to sign up for your email list so that you can sell them a product, service or another eBook, paying this time.  It's up to you to decide what kind of book you want to write based on your end goals. If your goal is to market a high-priced course or service, then offering a free book is a great way to attract your target audience. If you are looking to make a profit with e-books, then your strategy will be to create high-quality books that will entice readers to take the act of buying. 1. Do some research and choose a topic  Since a book is an investment of time and money, you need to know your budget and do your research before choosing your topic. If you are a fiction author, research the genre you plan to write to find out what readers buy and enjoy, and read reviews of similar books. This will help you determine how you can meet or exceed the expectations of readers or create something that seems to be missing in this genre.  If you plan to write thematic or technical works, you should also make a comparison of their topic with some bestsellers. But it's just as important to consider what you want to sell beyond the book. This will help you position yourself as an expert when selling this product or service. 2. Set a budget  Decide how much money you can afford to invest in your e-book. You can spend from a few hundred euros to tens of thousands to write, publish and launch your eBook, so figure out what you can spend and still be profitable. When determining your budget, there are two expenses that you should prioritize: editing and cover design. Once you've covered them, the rest of your budget can be spent on marketing.  Any good book needs a good editor, but you may also need a proofreader. If you are on a tight budget, you can try to find a publisher who will do both. You will need to budget from €200 to €1,000 or more for a manuscript of 50,000 words.  Even if you have developed an original book with perfect content, you will also need a high-quality book cover. Since people actually judge a book by its cover. A rudimentary or less attractive cover can lead readers to assume that the content is also of poor quality. Try to plan a budget of €100 to €400 or more to pay a graphic designer who will create the perfect cover for your book. 3. Write the book  Create an outline and write a draft that is a comprehensive resource or a compelling story. It sounds simple, but this is where most people who think about writing a book get demotivated. It is tiring to write an entire book, and many writers get stuck on this step. Write the best book you can based on your plan, but don't overthink the details at first. You will have plenty of time to correct the book once it has been handed over to your publisher.  4. Self-publishing before the final edition.  Now is the time when your book goes from a draft to the final edition. Before sending it to your professional editor, be sure to do some self-editing and fact-checking before putting the manuscript in someone else's hands. Your editor will then go through your book to make corrections and point out areas for improvement. Once it has been edited, be sure to read it again to check that it reads the way you want it to, that everything is correct and, for fiction books, that the plot is coherent and has no holes or blurs. 5. Format your book  There are several formats in which your book will have to present itself for various platforms. In general, a PDF is the bare minimum. This format is suitable for free e-books and e-books sold on your website. If you want readers to have access to it on an eReader, you will need a Mobi version for Kindle and an ePub version for all other devices. You can rent the formatting of your book or, if you plan to write many books, invest in formatting software like Scrivener or Vellum. 6. Design a cover  When your book is free, you can get away with designing your own cover using a free online cover creator or using a free web design program like Canva. But if you want people to buy your book, most likely you need to hire a graphic designer to create an attractive and unique cover. If you don't have the budget to hire a graphic designer, you can get affordable coverage on $100 Covers or Fiverr or pay a little more for better rendering via 99Designs. 7. Find beta-readers  Beta readers are people in your target audience who read your book and give you feedback before the book is officially available for sale, so that you can make final edits or adjustments. These readers will also leave reviews about the book, which can help in the promotion of the book. If you have an audience through your blog or on your social media account, it should be easy to attract beta readers with the offer of a free book. If you're starting from scratch and don't have an audience or a good social media presence, you can find beta readers to offer a gift or reward to after they submit their comments and a review. How to sell eBooks online  Now comes the fun part which is selling your eBook. There are several steps you will need to take to ensure that your book is seen and bought by target readers. 8. Choose a sales platform. The best place to sell eBooks online depends on your goals. Most writers will choose to sell their books on Amazon or on their own website. If you are a fiction author or if you are just starting out, drawing attention to your books is more important than making 100% of the proceeds. Given this, enrolling your book in Amazon's KDP Select program is probably your best option.  When you choose to list your book on KDP Select, you agree to make the digital format of that book available exclusively on Amazon. KDP Select will put your book in front of thousands of Kindle Unlimited subscribed readers and give you access to additional monetization and promotion tools.  However, if you are a non-fiction author or have already built a large audience, you can earn more by learning how to sell ebooks on your own website. You can also use an ecommerce extension like Shopify or Easy Digital Downloads to simplify online book selling on your website.


 

12 steps to make money selling eBooks online.

 

Table of contents

 

Who should write and sell eBooks?

How to write and design an eBook

1. Do some research and choose a topic

2. Set a budget

3. Write the book

4. Self-publishing before the final edition

5. Format your book

6. Design a cover

7. Find beta-readers

How to sell eBooks online

8. Choose a sales platform.

9. Set the price of your book

10. Market your book

11. Establish partnerships with affiliates

12. Give a gift for prospects.

 

Selling eBooks is not easy money and it is not given for everyone. But if you are looking for other ways to make money blogging, then publishing an eBook is a great way to grow your business.

 

 

Who should write and sell eBooks?

 

Writing an eBook is a great way to make money blogging or try a new way to earn extra income.

You don't have to be a professional writer, have perfect grammar, or have publishing experience to make money selling eBooks. However, there are a few criteria to consider before starting your eBook sales project.

 

You need to be a subject matter expert: For non-fiction eBooks, you don't need to be a writing expert, but you do need to be an expert on the topic you're writing about.

 

You have a lot to say: when you self-publish, you can make your books as long or short as you want. That said, people won't be happy if your book is the length of a blog post. If you plan to sell your book, it should be at least 20,000 words (about 40 pages) long.

 

You need to stay focused: You need to be able to maintain a clear and useful focus to sell an eBook that has an impact.

For fiction books, you will need to make sure that you come up with a solid plot that readers can easily follow.

You need to have a small amount of money to invest in the project: self-publishing is inexpensive, but in most cases it is not free. You will have to plan a budget of at least a few hundred euros to publicize your project.

 

 

How to write and design an eBook.

 

The first part of making money with an eBook is to create one, but you need to figure out what kind of eBook you are going to create. There are two types: eBooks that you give away for free or those paid ebooks.

The ones you give away for free are usually a bonus that you offer to entice someone to sign up for your email list so that you can sell them a product, service or another eBook, paying this time.

 

It's up to you to decide what kind of book you want to write based on your end goals. If your goal is to market a high-priced course or service, then offering a free book is a great way to attract your target audience. If you are looking to make a profit with e-books, then your strategy will be to create high-quality books that will entice readers to take the act of buying.

 

 

1. Do some research and choose a topic.

 

Since a book is an investment of time and money, you need to know your budget and do your research before choosing your topic.

If you are a fiction author, research the genre you plan to write to find out what readers buy and enjoy, and read reviews of similar books. This will help you determine how you can meet or exceed the expectations of readers or create something that seems to be missing in this genre.

 

If you plan to write thematic or technical works, you should also make a comparison of their topic with some bestsellers. But it's just as important to consider what you want to sell beyond the book. This will help you position yourself as an expert when selling this product or service.

 

                                        

 

                                           

2. Set a budget.

 

Decide how much money you can afford to invest in your e-book. You can spend from a few hundred euros to tens of thousands to write, publish and launch your eBook, so figure out what you can spend and still be profitable.

When determining your budget, there are two expenses that you should prioritize: editing and cover design. Once you've covered them, the rest of your budget can be spent on marketing.

 

Any good book needs a good editor, but you may also need a proofreader. If you are on a tight budget, you can try to find a publisher who will do both. You will need to budget from €200 to €1,000 or more for a manuscript of 50,000 words.

 

Even if you have developed an original book with perfect content, you will also need a high-quality book cover. Since people actually judge a book by its cover. A rudimentary or less attractive cover can lead readers to assume that the content is also of poor quality. Try to plan a budget of €100 to €400 or more to pay a graphic designer who will create the perfect cover for your book.

 

 

3. Write the book

 

Create an outline and write a draft that is a comprehensive resource or a compelling story. It sounds simple, but this is where most people who think about writing a book get demotivated. It is tiring to write an entire book, and many writers get stuck on this step.

Write the best book you can based on your plan, but don't overthink the details at first. You will have plenty of time to correct the book once it has been handed over to your publisher.

 

 

4. Self-publishing before the final edition.

 

Now is the time when your book goes from a draft to the final edition. Before sending it to your professional editor, be sure to do some self-editing and fact-checking before putting the manuscript in someone else's hands.

Your editor will then go through your book to make corrections and point out areas for improvement. Once it has been edited, be sure to read it again to check that it reads the way you want it to, that everything is correct and, for fiction books, that the plot is coherent and has no holes or blurs.

 

5. Format your book

 

There are several formats in which your book will have to present itself for various platforms. In general, a PDF is the bare minimum. This format is suitable for free e-books and e-books sold on your website. If you want readers to have access to it on an eReader, you will need a Mobi version for Kindle and an ePub version for all other devices.

You can rent the formatting of your book or, if you plan to write many books, invest in formatting software like Scrivener or Vellum.

 

 

6. Design a cover.

 

 

When your book is free, you can get away with designing your own cover using a free online cover creator or using a free web design program like Canva. But if you want people to buy your book, most likely you need to hire a graphic designer to create an attractive and unique cover.

If you don't have the budget to hire a graphic designer, you can get affordable coverage on $100 Covers or Fiverr or pay a little more for better rendering via 99Designs.

 

 

7. Find beta-readers.

 

 

Beta readers are people in your target audience who read your book and give you feedback before the book is officially available for sale, so that you can make final edits or adjustments. These readers will also leave reviews about the book, which can help in the promotion of the book.

If you have an audience through your blog or on your social media account, it should be easy to attract beta readers with the offer of a free book. If you're starting from scratch and don't have an audience or a good social media presence, you can find beta readers to offer a gift or reward to after they submit their comments and a review.

 

How to sell eBooks online

 

Now comes the fun part which is selling your eBook. There are several steps you will need to take to ensure that your book is seen and bought by target readers.

 

8. Choose a sales platform.

 

 

The best place to sell eBooks online depends on your goals. Most writers will choose to sell their books on Amazon or on their own website. If you are a fiction author or if you are just starting out, drawing attention to your books is more important than making 100% of the proceeds. Given this, enrolling your book in Amazon's KDP Select program is probably your best option.

 

When you choose to list your book on KDP Select, you agree to make the digital format of that book available exclusively on Amazon. KDP Select will put your book in front of thousands of Kindle Unlimited subscribed readers and give you access to additional monetization and promotion tools.

 

However, if you are a non-fiction author or have already built a large audience, you can earn more by learning how to sell ebooks on your own website. You can also use an ecommerce extension like Shopify or Easy Digital Downloads to simplify online book selling on your website.

 

The best place to sell eBooks online depends on your goals. Most writers will choose to sell their books on Amazon or on their own website. If you are a fiction author or if you are just starting out, drawing attention to your books is more important than making 100% of the proceeds. Given this, enrolling your book in Amazon's KDP Select program is probably your best option.

When you choose to list your book on KDP Select, you agree to make the digital format of that book available exclusively on Amazon. KDP Select will put your book in front of thousands of Kindle Unlimited subscribed readers and give you access to additional monetization and promotion tools.

However, if you are a non-fiction author or have already built a large audience, you can earn more by learning how to sell ebooks on your own website. You can also use an ecommerce extension like Shopify or Easy Digital Downloads to simplify online book selling on your website.

 


9. Set the price of your book.

 

You don't need to charge a lot for your book to get an interesting additional income. If you offer your eBook for $2.99 on Amazon, the minimum amount you need to charge to receive 70% of the royalties, you will earn $2.10 per book. If you sell 5 books a day, you will earn $315 a month.

After a few years of writing, you could easily have 15 books. If they are all neatly written with beautiful covers, you can expect to earn almost $5,000 a month on book sales only through Amazon.

Otherwise, you could achieve the same goal if you sold your book on your website for $11 for example, selling one a day.



10. Market your book.

 

Whenever you make a deal on your book, you can pay to have it listed in a daily deals newsletter like the ones sent by BookBub or Bargain Booksy. You can also get your book out there by being a guest author on blogs, reaching out to book bloggers, creating a book campaign on Instagram, or being interviewed on relevant podcasts.

Facebook or Amazon ads are also great ways to market your book. Just make sure that the audience is as targeted as possible.

 


11. Establish partnerships with affiliates.

 

 

You can get more new leads on your book by getting other authors and content creators to share your book with their audience. You can offer them a portion of your sales or give them a fixed number of books to distribute to their audience.
The sales platform you choose should have an option to create affiliate links to make it easier to track who earned what. Amazon has this option, just like the e-commerce platforms known on the market.

 


12. Give a gift for prospects.

 

Whether you're writing about a specific field, science, or fiction, you need to get your readers on your email list to make sure they're the first to know when you release a new book or product. A great way to achieve this is to offer a relevant free offer, such as a short webinar or a bonus chapter.
You can use an email marketing service like MailChimp to manage your readers' emails.

If your goal is to make money selling eBooks, you will need to continue marketing your book in the long run. Keep running ads, signing affiliate contracts, giving interviews, and taking other steps to spread the word about your book.

And if the marketing never stops, it is much cheaper to sell a book to a fan already registered on your base than to find a new one. Grow your business and keep your readers coming back by writing more books, creating products, and giving readers who like your work more options to buy what you offer.

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