Search
Add Listing
  • You have no bookmark.

Your Wishlist : 0 listings

Sign In

I Wrote an Ebook to See How Much Easy Money I Could Make Online

I Wrote an Ebook to See How Much Easy Money I Could Make Online

Writing an ebook is often touted as a quick way to make some cash – but is that true if you don’t have a blue tick or thousands of Instagram followers?

Over the last couple of years I’ve tried various ways to make quick cash online, to varying degrees of success. Disillusioned with “matched betting”, forex trading and poker bots, I wanted to go meta: try to make money online by writing a book about making money online.

Being neither resourceful nor talented enough to score an actual book deal, I decided to self-publish an ebook. Although sales of print books accounted for over 80 percent of the UK’s book market in 2019, the digital market – which includes audiobooks and ebook sales – is still worth a respectable £653 million. I’ve often seen ebook publishing touted as a viable online money-spinner, even for first-time authors. But is that success achievable without a blue tick or thousands of Instagram followers?

Coming up with an idea for the book was easy, at least: I’d write about making money online, drawing on everything I’ve learned over the last few years. Given that half the country is currently either furloughed or laid-off because of coronavirus, it seemed like a timely topic.

I spent a week going over old notes and compiling them into seven chapters, totalling a hefty 16,000 words – by far the longest thing I’ve ever written, though still only about a third of the size of an average nonfiction book. I gave it a legit-sounding name, Side Hustles: How to Make Extra Money Online, then formatted my error-strewn Word document into a proper ebook file using Amazon’s free software, Kindle Create.

Job done, but had I penned a potential bestseller?

“Honestly? No,” says Kerry Wilkinson, a successful and prolific self-published author of crime novels. “I could go onto the Kindle store now and find a thousand titles about the same thing. Some will be free. Some will be written by famous names. Some will already have hundreds of reviews. You’re competing against a lot of people who are already in the game.”

It sounds harsh, but Kerry’s right: even 50 Cent is flogging a financial self-help book at the moment, and he has way more fans than me. Self-publishing is about more than just writing well – you also have to take responsibility for all the stuff publishing houses would traditionally do on behalf of their authors: marketing it, paying for advertising, understanding the importance of keywords and designing or buying a decent cover for the book.

“Once all that’s in place, you might be able to sell a book,” Kerry says. “Except that’s still only part of the job, because you also need a decent product. If you don’t have that, your reviews will be bad and nobody will want to buy your work.”

Like Kerry, Ben Galley is one of those annoyingly talented people who has mastered both writing and marketing books. He’s been self-publishing fantasy novels for over a decade and offers a “shelf help” consultancy to help aspiring writers do the same.

When I speak to him about my idea he breaks the self-publishing process into simple-sounding steps, almost making it sound easy, until we get to the part about actually selling the book. I’ve always been crap at publicising my own work – and the thought of getting into online marketing nearly gives me a nosebleed, but Ben says it’s an unavoidable part of self-publishing.

“Back in the day you could publish an ebook and the algorithms and the competition were a lot more favourable,” he explains. “But those days have shifted, and organic discovery has been diluted by paid advertising and the sheer mass of products out there.”

Given the competition and my limited resources, I focus on selling the book on one platform, Amazon’s Kindle Store. Although this means potentially losing sales from other platforms, Kindle is the biggest ebook seller in the world, and it’s easier to focus my efforts in one place, rather than format and market Side Hustles across Google Books, Kobo, Apple’s iBooks and the other ebook platforms.

I chose to publish using Kindle’s Select programme, which requires making the book exclusive to Amazon. In return, I’ll receive royalties depending on the number of pages of the book that are read by Kindle Unlimited subscribers, who can access it for free through their subscription, as well as 70 percent of each sale to non-subscribers.

Ben suggests I try a “soft launch”, which is really just a polite way of saying I have no chance of organising a big marketing campaign to build interest and sales. Instead, I run a free promo to hopefully boost my bestseller ranking before the paid version launches. Amazon only allows free promos for five days out of every 90 that a book is listed for sale, so I message as many friends, relatives and pub acquaintances as possible, and ask them to download the book.

side hustle.png

I get a couple of reviews and it starts moving up the charts – appearing on the first page of results when I search “side hustles” on Amazon, above some shitty-looking guide to forex trading and an erotic fiction book that also happens to use side hustles in its name. I guess anything can sound horny if you put your mind to it. I average around 20 free downloads per day for the five days, which I think is pretty decent. At one point I reach number five in the “personal finance” category and break the top 100 in self-help, though it fluctuates through the week.

When it comes to actually selling the book, I decide to price it at £2.99 – cheap enough to justify its short length, but meaning I still make around £2 profit from every sale after Jeff Bezos takes his cut. I sell my first few copies, but there’s no way to tell if these are sales from people finding the book through Amazon, or just friends buying the book to be nice.

After a couple of days, Side Hustles is at number 60 in both the personal finance and personal money management categories, and shows up pretty high when I test search terms related to the book. I’ve sold around three copies a day so far, which is OK, though I’m not exactly threatening to knock 50 Cent off his perch. Maybe no one but a handful of my friends is willing to drop £2.99 on 40 pages of waffle about making a relatively small amount of money online?

But after refreshing one morning I notice I’ve sold a couple of copies and immediately go back to thinking I’m a literary phenomenon: the Sally Rooney of personal finance ebooks.

With the soft launch doing about as much as could be expected (not that much), I turn to other methods to try to increase sales. Both Ben and Kerry suggest I recruit the help of influencers or celebrities to promote the book, which would be great advice if I knew any. Instead, I write a blog post for money website The Escape Artist.

I first met Barney, who runs the site, when I was writing about the financial independence movement last year. He lets me post a lengthy piece about the book, with links to the Amazon page. I notice a big increase in sales the day it’s published – 11 copies, which is over three times my daily average so far. It does increase sales for a bit, but they even out afterwards, as does the book’s bestseller rank. Mind you, it’s still competing with Jack Monroe in Amazon’s top 50 personal finance books.

Screenshot 2020-06-08 at 12.50.25.png

Ben says his biggest marketing method is paid Facebook and Amazon advertising. While he admits he has at times lost money on particular pay-per-click adverts, because he has such a big collection of books these losses are outnumbered by his customers bouncing from one book to another. I consider dropping some cash on adverts, but I find various forum posts from authors who have paid for adverts, only to generate a few extra sales and ultimately lose money.

With my book priced so low, theres’ little room for error when targeting the adverts, which can cost up to 50p every time someone clicks through to the sales page. “It is a complete risk,” says Leslie Gilmour, a digital marketing consultant at Cube Digital. “I think it would be quite difficult to use Facebook ads to show a reasonable return. If you’re ending up paying £30, £40, £50 for an ad on Facebook, you don’t have much leeway on the number of people who click before you’re losing money.”

Without adverts, I’m left with few other options to try to increase sales. I spend £95 on Amazon keyword software Publisher Rocket, though it does have a 30-day money back guarantee, so I’m not out of pocket. The software has tools for analysing keywords and ways to find relevant but niche categories on Amazon.

“I’m a firm believer in writing books that correspond with the keywords readers are already searching for on Amazon,” Publisher Rocket’s creator, Dave Chesson, tells me. I know I’m only supposed to be in it for the money, but it’s difficult to think of a more soulless approach to writing a book than that.

A couple of weeks after the launch, my book is still averaging a few sales a day, though its ranking is falling off a bit. I’m at number 47 in personal finance, floating around with the likes of How to Be a Landlord and Currency Trading for Dummies.

I want to boost my rank and hopefully keep shifting copies, so I follow in the footsteps of this legend, who lost his top 10 position in the Sunday Times bestseller charts after revealing he bought 400 copies of his own book, The Cleaner, to increase his position. I buy a few copies of my book – at a loss of £1 a go – and over a couple of days my bestseller rank increases. It’s nice to see the book doing well, but my self-bought success is fleeting. A few days later, I’m slipping down the charts again.

So, was Side Hustles a success? Not an unqualified one. I came into self-publishing having already been paid to write stuff in the past, with loads of material for the book and a cover designed by a VICE illustrator – and I still only just sold enough copies to make it worthwhile. But I did manage to write and publish a book in just over a week, and some people even read it, which is more than a lot of authors can say.

“Because self-publishing is so easy, anyone can figure it out,” Kerry says. “Actually being noticed is significantly more difficult.”

 

HOW TO WRITE AN EBOOK AND MAKE MONEY (A STEP-BY-STEP GUIDE FOR BEGINNERS)

HOW TO WRITE AN EBOOK AND MAKE MONEY (A STEP-BY-STEP GUIDE FOR BEGINNERS)

HOW TO WRITE AN EBOOK AND MAKE MONEY (A STEP-BY-STEP GUIDE FOR BEGINNERS)

Writing your own eBook is one of the best ways to make money and earn passive income.

With that said, the idea of writing your own eBook might seem daunting and extremely intimidating.

After all, there are different ways you can go about writing an eBook, editing, publishing it, and selling it.

Do these questions sound familiar?

  • How do I write an eBook?
  • How can I make money by writing an eBook?
  • What programs do I use to write an eBook?
  • What are the steps to write and eBook?
  • How do I promote it?
  • What platforms can I sell it from?

I mean, the list goes on and on.

Lucky for you, you don’t have to wonder any longer.

I will be walking you step-by-step on how to write an eBook and make money.

Here is an outline:

  1. Why learn to write an eBook
  2. How to find a good eBook idea
  3. How to validate your eBook idea
  4. Writing your eBook
  5. Creating your eBook cover
  6. How much to price your eBook
  7. Where to sell you eBook
  8. Promoting your eBook
  9. Getting ready to launch your eBook
  10. Launching your eBook
  11. What happens next
  12. Additional Resources

I will also be sharing with you some of the behind the scenes of Blogcabulary Plus (my recent eBook), so that you can avoid my mistakes and recreate my successes.

In addition, I will be also including amazing tools and resources that made my eBook writing and selling process easier and more successful.

Blogcabulary Plus turned out to be massive. Coming in at almost 40,000 words, 200+ pictures, and 219 pages, believe me there was a lot learn.

But, let’s not get ahead of ourselves.

First, let’s cover the fundamentals of writing an eBook.

Note: Before we commence you might want to bookmark this post or save it on Pinterest. That way,  you can follow along all of the steps we will cover today as you work on your eBook.

 

 

WHY LEARN HOW TO WRITE AN EBOOK

There are many reasons as to why you would write your own eBook.

MAKE MONEY

One of the main reasons for writing an eBook is to make money.

Not just any money, but passive income.

There is no better income than the one that trickles into your bank account without you having to lift a finger.

For instance, in order to receive an income from your job requires that you provide a service on a daily basis in turn for compensation.

If you were to write an eBook however, you would do all of the work upfront, and set it on autopilot.

You would invest a certain amount of time creating your eBook and setting strategies in place so that once you launch it, there isn’t much to do on your part.

However, I want it to be clear that the eBook writing and selling process isn’t a “get rich quick” gig.

It requires time, patience, and implementing the right tools and strategies to help it succeed.

CREATES A REPUTATION WITHIN YOUR NICHE

Writing an eBook enables you to be seen as an expert in your field.

After all, writing an eBook requires knowledge about your eBook topic.

If you are a blogger/entrepreneur who is trying to spread the word about who you are and what you do, creating an eBook is definitely a great idea.

HELP OTHERS

One of the most rewarding aspects of writing an eBook is your ability to help a lot people in the process.

If successful, your eBook will have the potential to reach hundreds if not thousands of people.

However, even if your words are only able to help impact just ONE life, then I think you’ve succeeded.

LEAVE A LEGACY

The written word is one of the most precious gifts that we have been granted.

After all, all we know as humankind was in some way learned from others who left their knowledge written on paper and passed along from generation to generation.

Writing an eBook or a book in general, would mean that your knowledge, thoughts, and ideas, will live on as your legacy.

That’s on its own, it’s priceless!

HOW TO WRITE AN EBOOK AND MAKE MONEY: STEP BY STEP

 

HOW TO FIND A GOOD EBOOK IDEA

I find a lot of people struggle with this basic step.

They know they want to write an eBook but they don’t have the slightest idea as to how to find an eBook topic or tittle.

Consider these strategies to help you find a good eBook topic:

  • Find something you are good at (if you are a blogger, then great! That means that you already write about something in particular you know a lot about)
  • Solve a common problem for your audience
  • Answers common questions within your niche
  • Help simplify a process by walking them step-by-step
  • If you are a blogger, make list of your top posts and see what they have in common, then elaborate on that subject (in other words, expand on something you’ve already written)
  • Look into what’s trending (Google trends it’s a great resource to check out)
  • Find ideas at Answer the Public

HOW TO VALIDATE YOUR EBOOK IDEA

Validating your eBook idea is one of the most important steps in the eBook writing process.

Let’s face it, just because we think our eBook idea will be a New York Times best seller, doesn’t necessarily mean it will be.

We can increase our chances at making it an eBook that people will be interested in, but how do we do that?

Validating your eBook idea simply means making sure that your eBook topic will resonate well with your audience by doing further research.

Consider these tips and strategies to validate your eBook topic idea:

  • Ask the subscribers in your email list
  • Find ideas in Facebook Groups on your niche (if you aren’t a bloggers, this is a great way to be amongst your ideal audience and see what questions and struggles they are facing)
  • Check what’s popular on Amazon Books on your topic
  • Create a survey and ask your ideal audience (Facebook Groups in your topic of interest are great place to do this)
  • Ask family and friends

WRITE THE EBOOK

Now that you have a found and validated your eBook topic is time to put it all on paper.

First, consider writing an outline of your eBook.

Start by creating a table of contents. This will enable you to and organize your ideas for an easier workflow and productivity.

Writing an eBook takes time.

The most important thing is that you are consistent. Set aside time each day to write, or set a goal of a certain amount of words per day/week and try to reach it.

EBOOK WRITING SOFTWARE

Many people who are looking to learn how to make an eBook believe that there is a fancy eBook writing software you must use.

Truth is, you can use any writing software and make a successful eBook.

To write Blogcabulary Plus I used good old Microsoft Word. Then, once completed (and edited it) I saved it in PDF format.  More on book formatting later.

Other tools you can use to create your eBook include:

  • Google docs
  • Adobe InDesign
  • iBooks Author (for making books to sell exclusively on Apple iBooks)

Here is a great list of 13 useful software’s to help you to create your own eBook.

EBOOK EDITING

Book editing is a really important step in the eBook writing process.

Whether you are the Spelling Bee Champion of the country or need a little help in the grammar department, you need proof readers.

There are a few ways you can edit/proofread your book:

  1. Give the manuscript to friends and family
  2. Offer the free manuscript to a selected group in your audience for them to proofread it
  3. Have it professionally edited

As you can tell, there are different ways you can go about your eBook editing/proofreading process.

Ideally, you would use all there of the aforementioned option.

Remember, your book will be sold to the public and will represent you and your business.

Selling an eBook full of grammatical and syntax errors is a BAD idea.

From personal experience, I didn’t have the time, patience or expertise to edit a 40,000 page eBook.

I wanted my eBook to be the best version of itself, so I reached out to one of the best ladies in the business.

After many recommendations leading to her, I contacted Liz Thompson from House Style Editing.
Honestly, I couldn’t have done it without her.

HOW TO DESIGN YOUR EBOOK COVER

EBook cover design in another step in the eBook writing process that people find challenging.

You can choose to create it yourself or hire someone to do it. Fiverr is great place to look for graphic designers.

To create a simple and convenient eBook cover you can also use Canva.

Canva is a free graphic design tool which allows you to create beautiful graphics.

Canva has hundreds of templates for different graphic design projects such as social media graphics, check lists, logos, business cards and MUCH more.

To create an eBook cover using Canva, simply create a free new account and sign in.

Once there:

  1. click the Create a Design button (on the left hand side of the menu)
  2. scroll down and click on the Blogging & Books Section
  3. Click on the Book Cover option Learning how to write an eBook and make money will ensure you earn passive income for years to come. In this step by step guide you will learn the entire process of how to create an eBook, how to launch an eBook, and how to promote it. #writeanebook #howtowriteanebook #productcreation #passiveincome #ebookcreation #ebookwritting #ebook
  4. Pick a template on the left column Learning how to write an eBook and make money will ensure you earn passive income for years to come. In this step by step guide you will learn the entire process of how to create an eBook, how to launch an eBook, and how to promote it. #writeanebook #howtowriteanebook #productcreation #passiveincome #ebookcreation #ebookwritting #ebook
  5. Change the colors and the design to fit your topic

It is important to note that if you use a picture that you didn’t take yourself or your eBook cover, that you look into the licensing rights for that picture.

If you use a free image from places like Unsplash and Pixabay ensure that you check their terms of service for the right of use.

I designed the Blogbabulary Plus eBook cover myself by using:Blogcabulary Plus: The Ultimate Blogging Terminology, Reference, and Resource Book

  • Adobe Photoshop
  • PSDCovers
  • Creative Market

Adobe Photoshop allows you to create beautiful design including 3D cover designs. Photoshop comes with a bit of a learning curve but there are plenty of YouTube tutorials to walk you through it.

Photoshop also integrates with PSDCovers which enable you to create gorgeous eBook mockups.

Finally, Creative Market has beautiful, unique, and inexpensive images you can use to make your cover. Remember to look for specification on the image licensing.

By creating a free account you will receive six free digital goodies every week straight to your inbox (stock images, fonts, templates, etc.).

If you are a blogger, Creative Market will be your new addiction, lol.

HOW MUCH TO PRICE YOUR EBOOK

Pricing your eBook will depend on different factors.

Here are a few things to consider:

  • How long is your eBook?
  • What kind of eBook is it? Educational, instructional, fiction, entertainment…
  • Will your eBook be making or saving people money?
  • How much are similar eBooks in your topic going for?
  • Will you be selling the eBook on your website or on a publishing platform(more on this later)?
  • Will you be using tiered pricing?

Woahhhh…. I know that was rapid fire, but I don’t want you to get caught up in the specifics.

Rule of thumb is pricing your book depending on the platform you will be using to sell your eBook (e.g. blog, Amazon, etc.), and the price that other books in your niche are selling for.

For instance, if you sell your eBook on your blog/website you can price it at $26 because that’s what similar eBooks on your niche/topic are selling for.

If you opt to sell it on Amazon, you might have to sell at $1.99 in order to compete will similar eBooks on your niche/topic.

If you are a blogger and would be selling you eBook from your blog you can also offer tiered pricing to make it more enticing.

Consider the following strategy I used when selling Blogcabulary Plus:

The original price of the eBook is $34.

A few weeks before launch I created a sales page where I included tiered pricing.

  • Waiting list pricing was $23 (I emailed those subscribers a special promo code effective launch day and 72 hours thereafter)
  • First week launch price was $29
  • Regular price is $34

Many people are more inclined to purchase when there is some sort of deal. That makes tiered pricing a great strategy.

What I would have done differently however, is shortened the launch promo period to only three 3-4 days versus a whole week.

WHERE TO SELL YOUR EBOOK

There are different places where you can sell your eBook.

  • Through your blog/website
  • Through Amazon’s Kindle Direct Publishing (KDP) platform
  • Through other publishers

SELLING YOUR EBOOK THROUGH YOUR BLOG

If you are a blogger, then you my friend are in luck. Because that means that you will be able to use your blog as your selling platform.

What does that mean?

Well, a lot of advantages. Some include:

  • you will be able to set you own price
  • collect all profits from your eBook sales
  • You can create an affiliate program for your eBook
  • Collect email addresses for future eBook promotions and future products
  • A simple PDF version of your eBook will do

By creating an affiliate marketing strategy for your eBook you will pay others a commission to your affiliates when they sell your eBook by using their unique affiliate link.

Sounds more complicated that what it is, but trust me isn’t.

We will go into the specifics of selling your eBook through your blog in a minute (landing page, shopping cart, affiliate program, etc.).

 

How To Write An Ebook And Make Money Online: Make Massive Amounts Of Money Online By Writing And Selling High-Demand Ebooks Kindle Edition

How To Write An Ebook And Make Money Online: Make Massive Amounts Of Money Online By Writing And Selling High-Demand Ebooks Kindle Edition

How To Write An Ebook And Make Money Online

Creating and selling ebooks is one of the most profitable online businesses. Every day, millions of people go online looking for information that will make their life better in some way. If you can create high-demand information product in an ebook format, you can make money massive amounts of money.

In this book you will learn how you can easily write and sell your own successful ebook. You’ll Learn:

. How to come up information hot topic ideas.
. A list of successful information product topics that you can use to develop your own ebook.
. Insider tips on how to price your product.
. Tips on registering your business name.
. How to create a website to sell your ebook.
. How to choose the right host for your website.
. How to accept payment online.
. Effective ways to promote your ebook.
. Why You should consider putting your ebook on Amazon Kindle platform.
. And much, much, more!

Get this book and get started right away.

Buy Now

 

8 Top Tips to Sell eBooks on Amazon and Make Money in 2020

8 Top Tips to Sell eBooks on Amazon and Make Money in 2020

Want to learn how to publish an eBook? On Amazon, you can self publish eBooks for free and reach millions of readers. In this post, we’ll share 8 top tips on how to sell eBooks on Amazon and make money in 2020.

E-books and audiobooks are a fantastic way to create an educational experience for your followers. With eBooks and audiobooks, you have the opportunity to provide in-depth training, guidance, and education to your customers.

You can really dive deep into a topic you’ve only delivered in smaller bites of blog posts, podcasts or courses and create passive income in the process. Your published content will establish you as a thought leader and even generate leads for your business. And the truth is, it’s never been easier to create and sell your eBook!

According to Penguin Random House, 22% of books purchased are eBooks, and a whopping 42% of all book purchases were made online.

But you may be wondering, isn’t publishing a book really expensive? What is the Amazon self publishing cost?

Amazon offers two avenues for self-publishing your digital products: the Kindle Direct Publishing as well as the audiobook marketplace Audible. Both are free.

So, are you ready to publish your eBook and make money this 2020?

Great!

Here are 8 must-follow tips to self-publish your e-book through Amazon and create passive income…

1. Do Your Research Before Selecting Your Book Topic

Although you may have precise knowledge in a field, you may want to rethink writing on a topic that is too specific. After all, books on specialty subjects may not be searched for and purchased as often through Kindle.

In order to set yourself up for success to reach the largest audience possible, make sure you’re writing content in a broad enough niche. Finding a way to generalize your content to apply to more people will help your downloads and therefore your income in the long-term.

A good way to measure whether the niche is broad enough is to search a similar title on Kindle and check its ranking on the Amazon Best Sellers list. This little number will tell you where the book ranks in sales.

As a good rule of thumb, if the book ranks under #10,000 in the hundreds of thousands of books available on Amazon, it means there’s good potential traffic on the subject for you to capitalize on.

2. Research the Most Searched Amazon Book Keywords

A good practice when planning your self-publishing strategy is to research keywords surrounding your topic. There are tools such as Moz ExplorerGoogle Keyword PlannerAhrefs and more that will offer you lists of keywords and phrases around your topic that generate the most search traffic on the web.

Setting these keywords in your product descriptionproduct keywords and tags will help your digital content rank higher. The higher your product ranks, the more likely it is not only to be downloaded but to get into the hands of those people who are actively looking for it.

Remember: happy customers who gained something useful from reading your content will be the best marketing evangelists you can get. They’re far more likely to leave positive reviews and recommend your book to friends, family or colleagues who have a similar need!

3. Hire a Professional Graphic Designer to Design Your eBook Cover

Before you can get to countless downloads, higher rankings and happy customers, you’ll need to reel them in. To do this, you need to perfect your book marketing strategy.

Almost everyone has heard the phrase, “don’t judge a book by its cover.” The reason this saying is so popular is because that’s exactly what people do:

People judge books by their covers!

As potential readers or listeners scroll through the lists of offerings, looking for their next read, the first thing to catch their eye is the cover. Bland, boring, blank or worse, obviously amateur covers will tell those scrollers that the contents of the book are probably similar. On the other hand, if your cover is bright, colorful and interesting it will catch the eye and hopefully, inspire click through!

If you had to make just one marketing decision about your digital product, make it investing in a graphic designer to design a quality cover.

Where do you find a good designer? 99designs is a great place to start looking. You can browse portfolios to find a particular designer you like and work directly with them, or you can even start a contest and have multiple designers submit their designs before choosing which book cover you want to go with.

4. Spend Time Writing Your eBook Title and Subtitle

As we mentioned above, the first thing that catches a reader’s eye is the cover. The second thing the eye will gravitate to is your title.

You’ll really want to spend a little extra time making sure your title and subtitle are catchy, engaging and give some hint as to what your book is about. If you’ve ever worked in dynamic sales and marketing or mounted your own email campaigns you’re probably already familiar with this concept. After all, a catchy and engaging email subject line often determines whether your email is opened, or sent to the recycling bin.

Like that email subject line, your title will make or break whether the potential reader clicks to find out more about your content. Even if you have the best cover art in the world, a title that falls flat is far more likely to be skipped over than one that interests the reader.

To craft a title that appeals to potential readers, keep it short, sweet and interesting. If the title needs a bit more specification, you can elaborate on the topic of the book a bit more in the subtitle. Don’t use long, complicated words if you can help it!

If you’re unsure whether your title or subject line is engaging enough, test it out on a sample set. Rather than using your Aunt Midge or your best friend Larry, ask colleagues or influencers who won’t be afraid to hurt your feelings. Test out a few titles and subtitles, tweak them after receiving feedback and then test again. It’s better to spend a lot of time testing and tweaking your title than spending time wondering why no one is downloading your material.

5. Write an Amazon Book Description that Sells

Sometimes, sellers are often so excited to finally list their product on Amazon that they don’t spend the time on the book description that they should. They might think that a stellar title and a gorgeous book cover might generate sales all by themselves- and that’s entirely possible. However, a quality book description will seal the deal for consumers who are on the fence!

Think of it this way: your book cover is the hook that draws the browser in. The title helps sell the deal, that this content might be something that could benefit them by teaching them something new or interesting. The book description will confirm that and ultimately close the sale, or convince the reader they should pass.

By the time potential purchasers reach the book description, they’re halfway sold on your book. Invest a little extra time in telling readers why your content is just the thing to teach, answer or address their want, and they’ll download in a snap.

Here’s an example Amazon eBook description from Seth Godin’s This Is Marketing:

6. To Make Money Selling eBooks, Give Them Away for Free

When you publish an ebook on Kindle, you have the option of setting your price.

The first price you should set for your content?

$0.

I know that sounds counter-intuitive since you are trying to make money, but hear us out…

Listing your book as free for at least five days will boost its presence on Kindle and move it up the Amazon Best Sellers list.

Although you won’t make a profit off a free book, you’ll capture a wider audience, be able to market to groups and sites devoted to free e-books and get more exposure than if you started out with a selling price.

Not to mention, you can collect positive reviews of your book quickly while everyone’s flocking to download a freebie.

After a week or so, a quick scan of Kindle will show you that many first-time authors have books listed at $2.99 or above. At the price point of $2.99, you’ll finally see some profit from a sale after royalties, albeit a little one.

$2.99 is a magic number for your content. It’s a low enough number to still entice new readers while affording you profit. When you set this price, your number of downloads will drop from the numbers when your content was free, but you’ve set up a rate that will afford you a lot of downloads and a passive income.

(Note: Pricing strategy predominantly applies to selling e-books on Kindle, since Audible and each of the retailers–like iTunes, etc.–independently price your audiobook.)

7. Market Your eBook on Facebook Groups and Blogs

As we mentioned above, there are hundreds of groups and sites that regularly publish lists of free eBooks from around the web. As soon as your book is published, send an email to notify these sites that your brand new eBook has been listed for free. Every site that lists a link to your eBook generates more potential downloads and a wider audience.

In addition, consider promoting your book on Facebook or to relevant blogs or groups that revolve around the topic you wrote about. Boosting the traffic and buzz around your book early on will keep its momentum strong and open you up to wider audiences to continue building passive income. If you decide to write a follow-up book, you can market to these same circles upon its release. If they liked your content the first time around, they’re likely to read your new works as well.

Finally, consider leveraging industry connections to help your content gain more exposure. Ask blog owners and websites that discuss similar topics if they would consider posting an excerpt of your ebook or a short write-up about your audiobook.

8. Don’t Narrate Your Own eBook

So you’ve published an ebook, and now you’ve got your eye on an audiobook. This is the next step for publishing digital content, as you cannot publish an audiobook without an e-book!

The process for publishing an audiobook is a bit more complex, as you will need to hire a producer to narrate your audiobook. This is where our final tip comes into play:

Do not narrate your own ebook.

Even if you have the most wonderful voice in the world, you should absolutely contract a professional voice actor or actress to narrate your audiobook.

Using a professional voice over artist will allow the reading of your book to have a natural rhythm. Professionals are also trained against long pauses, awkward lilts, turns of phrases, or filling space with ummm.

Don’t believe us? Listen to an audiobook that uses a professional voice-over artist. Then record yourself reading the same piece, or one of your own. The difference in a trained actor or actress narrating your piece versus you fumbling over your words will amaze you. Furthermore, it’ll impact your listeners.

Audiobooks are meant to be narrated smoothly, lyrically, and allow the reader to immerse themselves in the content and hear what it is saying while visualizing the content in their minds. Listening to starts stops, and fumbling will likely take them out of the moment and make it difficult to concentrate.

Conclusion

Now you know how to publish an eBook on Amazon for free and make money. That wasn’t so hard, was it?

The main takeaway is this:

When planning to list digital products on Amazon like ebooks or audiobooks, it’s just as important to research titles, keywords and pricing strategies as it is with researching for your blog content.

Spending a little extra time to perfect titles, subtitles and descriptions could make the difference between a steady stream of income and one that dries up before it even begins.

So to get started, go do some keyword research using one or more of the tools we mentioned in tips #1 and #2. Then when marketing your e-book or audiobook, it is absolutely critical that is looks or sounds professional.

Follow these tips, and you’ll be well on your way to making money with your first self published e-book!

 

The Secret to Making Money by Writing Free Ebooks

The Secret to Making Money by Writing Free Ebooks

Did you know you can make money by giving away free ebooks? It doesn’t sound possible, but it is: I’ve done it with five of my books. If you can write, edit or hire a writer, you can make hundreds (or thousands) of dollars giving away ebooks.

It’s common for authors to give away their ebooks to build name recognition or to promote their other books. But those aren’t the only ways to make money with free ebooks. Here’s a strategy that worked for me.

How to Make Affiliate Income From Ebooks

A few years ago I bought a PDF ebook about building niche websites. By the time I had read half of it, I had signed up for a link-building service the author recommended. I paid $150 a month for the service, and because he had linked to it using his affiliate code, he earned a $30 share of each payment.

I also bought two other products he linked to, resulting in commissions of $10 and $20. Altogether, he made $60 from me in a couple days with his affiliate links, and the link-building service paid him another $30 for every month I was subscribed! His ebook cost me about $20, but he would have come out ahead even if he had paid me $20 to read it — or given it to me for free.

That got me thinking. It must be easier to give away a book than to sell it…

I spent a few days putting together a little ebook. The result, “Mind Power Meditation,” has eight short chapters on using meditation to boost the power of your mind. Several times in the book, I mention a brainwave entrainment product used for meditating, linking to it using my affiliate code. When a reader clicks through and downloads the $85 package, I get $42.50.

A week after finishing it, I gave the ebook to my “Mind Power Report” subscribers and quickly made a few hundred dollars in commissions. I gave the book away on my websites too, and I still make an occasional commission from it years later.

Are you ready to give it a try? Here’s what you’ll need to do:

1. Pick Your Subject

I wrote ebooks based on my existing hobbies and interests. The writing comes naturally this way, and it’s easier to stay motivated. Fortunately I have many interests, so I could choose ones with more commercial promise. If your passion is drawing and painting it might be difficult to find relevant products to promote. Then again, there are affiliate programs for art supplies.

You could also find high-commission affiliate programs and create a book based on whatever products make the most money. This approach makes sense if you can write about anything easily. It also works if you don’t write the book yourself — more on that in a moment.

2. Choose an Affiliate Program

Affiliate marketing is simple enough. You sign up to promote a company’s products and they provide a unique code you use to link to them from your website, blog, Facebook page or (of course) ebook. Every time someone goes to the company’s website through your links and completes a sale, you earn a commission.

I Googled “art supplies affiliate program” to find the company I linked to in Step 1. That’s one way to locate appropriate products from which you can make a commission, but you could also use a directory of affiliate programs to see many possibilities in one place. Affiliate directories are great for inspiring ideas, and you might find four or five useful and relevant products to promote in the same book.

Looking at various affiliate products can change your mind about your subject. For example, I could have focused on traditional meditation in my ebook, but brainwave entrainment became the dominant theme in part because I make $42.50 per sale on the product I promote. That was better than making a $3 commission on a meditation cushion.

3. Create an Ebook

I had been studying and writing about meditation, so it wasn’t difficult to write my ebook in a few days. At 11,000 words, it’s only as long as ten articles like this one.

If you don’t want to write, you could pay a writer to put your ebook together. However, that’s an expensive proposition unless you have a friend who will do it for a share of your profits. If you put your project up for bid on Elance or a similar site, be careful to verify writing samples to ensure you’ll receive quality work.

You can also put together a book of free articles as the producer/editor. Find relevant experts online who will give you an article in exchange for a short bio at the end that links to their website or blog. Plan to email or call dozens of authors to get enough articles. But once you have your articles, you just put them together, add recommendations with affiliate links for appropriate products, write a quick introduction, and you have your book.

If you use MS Word, you can quickly convert your ebook into a PDF, or use an online converter like CutePDF Writer. It’s easy to create a download link for the book on your blog or website.

Yes, the “advertising” in your book will annoy some readers, but don’t worry about it. Many readers will want to learn about products they can benefit from, so for them your links make the book more valuable. If the products you link to are relevant, you won’t have many complaints. (And perhaps you could remind the complainers that the ebook was free.)

4. Give Your Ebook Away!

My experience is that fewer than 1% of readers will click a link and buy an affiliate product. Of course, my experience includes my poor marketing skills, so you might do better. In any case, give away as many ebooks as you can! Here are some ways to do that:

  • Email a copy to everyone you know
  • Put a download link on your blog
  • Link to your download page from Facebook and Twitter
  • Distribute your work through free ebook websites
  • Convince blog owners to give it away as a gift to visitors
  • Convince newsletter publishers to offer it as a gift to subscribers
  • Advertise for free on Craigslist under “Free Stuff”

For best results, get your book into the hands of readers who are passionate about the subject and will love the products you recommend. Good luck!

Your Turn: What do you think about giving away free ebooks to make money?

 

10 Ways to Make Money Selling Free eBooks

10 Ways to Make Money Selling Free eBooks

You’ve probably heard people say, “You can’t make money giving away your books for free!”

But that’s just not true.

Here are 10 ways you can increase your income by giving away your books for free:

1. Kindle Unlimited and Amazon Prime Borrows

If your eBook is enrolled in Amazon’s KDP Select program, Amazon Prime members and Kindle Unlimited members can read your book for free. But even though the customer doesn’t pay, Amazon will pay you based on how many pages of your book they read!

Most authors earn around $1-$2 every time a customer reads their book this way, and that can mean big money if your eBook becomes popular on Amazon.

2. Lead Generation

When you give away your book for free, you’re turning random people into prospects who know you, like you, and trust you. You can then convert those readers into lifelong fans, email subscribers, and paying customers.

Most businesses are willing to pay a fortune to generate leads, but you can do it for free by simply giving away your book!

3. Free Marketing and Exposure

Once you have a book published and available online, there are thousands of websites that will promote your free book.

It’s also a lot easier to get bloggers, influencers, and customers to talk about and share your book if it’s free.

4. Building Your Email List and Social Followers

Inside your book, you can ask readers to sign up for your email list and follow you on social media.

If you get 10,000 people to download your book for free, that could lead to at least 1,000 new email subscribers and fans.

5. Sell Products or Services

If someone has invested the time to read your entire book, they’ll likely want to learn even more from you. The back of your book is the perfect place to let readers know about any other books, products, or services you sell.

Many nonfiction authors earn more money from selling products and services to readers than they do from royalties.

6. Promote Affiliate Products or Offers

If you don’t have your own products or services to sell, you can sign up as an affiliate and get paid when your fans buy other products or services.

You can add affiliate links directly inside your book, or create a downloadable PDF or list of resources on your site that readers can use to find great products you recommend.

7. Get Tons of Book Reviews

With a free book, you can get more readers faster. That can lead to you getting lots of book reviews.

That’s why many authors make their books free for a limited time. After they get some great exposure and book reviews, they change the price of the book and benefit from all the great word-of-mouth and social proof.

8. Get Amazon to Promote Your Book

Amazon promotes popular books to readers, so if your free book is getting downloaded and read more than the average book in your market, you’ll get tons of extra promotion and downloads from Amazon at no extra cost.

9. Quick and Easy Search Engine Rankings

Getting your website to rank #1 in Google for a competitive keyword is tough, but it’s ridiculously easy for Amazon to get ranked #1 in Google.

You can get your book’s page on Amazon ranked very highly in Google, even for really competitive search terms, if you have a book that readers love.

10. Attract Lifelong Fans

Long-term success in business requires long-term relationships.

By offering your book free, you’ll attract more readers, and if what you have to say makes an impact, many of those readers will turn into lifelong fans.

Those fans could support you through future book sales, buying other products and services, supporting you on Patreon, and many other ways. Never underestimate the power of lifelong fans!

11. Patreon

Today, fans pay millions of dollars to authors, artists, and creative people through platforms like Patreon. By getting your message out there, you can attract fans and ask them to support you on Patreon.

 

9 Steps to Make Money Writing eBooks ($500+ per month)

9 Steps to Make Money Writing eBooks ($500+ per month)

They didn’t think it was possible to make money writing ebooks.

It turns out people are actually willing to pay money for something they’d written.

Cori Carl and his wife Casey are a couple of Americans who were looking to move to Canada.

In the process, they were struggling to figure out what the immigration process would look like.

The first thing they searched for was a book to walk them through everything.  Seems pretty reasonable there would be some manual out there covering the topic.

Make money writing ebooks
TAKE THE FREE PASSIVE INCOME QUIZ

After some Amazon and library searches, they came up empty-handed.  There was nothing out there.

There are 549 books on Amazon dealing with maple syrup, but nothing about immigrating to Canada.

Their next option was to search the internet.

They found what they were looking for, but it was scattered all over the place.  Plus, it needed translation.

Not from Canadian to English (joke) but from legalese to English.  It was a bunch of formal jargon which is tough for the average person to understand.

After hours and hours of research, they were finally able to complete the immigration process and set up their new home in Canada.

But they couldn’t be the only ones with this problem, they thought.  Other people are immigrating from the United States to Canada too, right?

They had hours and hours of all this hard work in the form of research sitting there.  None of it is useful to anyone.

They decided to turn it into an ebook.

Fast forward a few months and they’re making $500 per month from this one ebook about immigrating to Canada.  Amazing!

All they needed was the desire to turn their research into an ebook.  The possibility of extra money didn’t hurt either.

It turns out you can make money writing ebooks pretty easily.

Table of Contents:

  • How Much Can You Really Make?
  • Where to Sell Your eBook
  • Step 1: Finding Content
  • Step 2: Creating a Catchy Title
  • Step 3: Create Your eBook Outline
  • Step 4: Create a Writing Schedule
  • Step 5: Editing Your eBook Like a Pro
  • Step 6: Designing the Cover
  • Step 7: Formatting, Pricing, and an Enticing Description
  • Step 8: Get Reviews and Become a Bestseller
  • Step 9: Marketing and Promoting Your eBook
  • More Marketing or More eBooks?
  • Resources

How Much Money Can You Really Make Writing eBooks?

The most popular marketplace for selling your ebook is Amazon.

Amazon currently has over 300 million people using their site.  That’s a MASSIVE marketplace to sell to.

Sorry though, not every one of those is going to buy your ebook.

But even if you only get a tiny tiny tiny fraction who buy your book on a monthly basis, that’s a lot of residual income.

With Kindle Direct Publishing (KDP) you earn a royalty of 70% for every book you sell.

If you price your book at $1, you’d get $0.70 for every sale.

We’ll talk about pricing later, but the best price point for a small ebook is right at $2.99.

Using a sale price of $2.99 means a royalty of $2.09.

Each person who downloads your masterpiece puts just over $2 in your pocket.

Sell 100 ebooks, earn $209.  Sell 1000 ebooks, earn $2,090.

Now let’s say you were able to sell 240 ebooks every month like our “Canadians” from earlier.

You’d be taking home about $500 every month.  Over $6,000 per year.

Not bad for something you possibly wrote in a few weeks.

In 10 years you’ll have earned over $80,000 from one ebook!

Where to Sell Your eBook

Best place to sell your ebook is on Amazon

Amazon is the whale.  If you’re looking to get the most eyeballs and the most sales, selling on Amazon is the way to go.

Another option is selling the ebook on your own website.  This means you keep all the sale price, not just 70%.

Weebly offers a quick and simple way to set up a website and start selling digital products straight from your site.

This route means you have to do a bit more work attracting people to your website.

A third option is Nook Press.  This is the Barnes & Noble equal of Amazon Kindle Direct Publishing.

While Barnes & Noble doesn’t have the volume of shoppers as Amazon does, it still has customers looking to buy ebooks.

For a sale price of $2.99, Nook Press is slightly lower than Amazon with a 65% royalty per sale.

Smashwords is a lesser known entity but still worth publishing on.  Smashmouth calls itself the world’s largest seller of indie ebooks.

By publishing on Smashwords, you’re actually distributing your ebook to some of the world’s largest ebook retailers.

Those are the four main platforms to sell your ebook on and Smashwords will actually make sure you’re on all the smaller, lesser known marketplaces.

Now you know where to sell and how much you can earn, let’s talk about actually writing an ebook.

Step 1: Finding Content

So you’re amped.  Ready to sit down and start pounding out an ebook.  The only problem is, you don’t know what to write about.

That’s the beauty of an ebook.  You can write about anything.

There are no publishers or editors determining what you can and can’t publish.

Whatever you know is your content.

If you’ve got experience and knowledge immigrating to the United States, write about it.

If you’ve got a secret method to learn Spanish, write about it.

You could even write about healthy, organic dog recipes.

Any knowledge you’ve got floating around in that brain of yours can turn into an ebook.

Even stuff you don’t know but have a keen interest learning could be an ebook.

Read a dozen books on a topic you’re interested in.  Take all the important or recurring themes from every book and package it into an ebook.

Hacking Your Content Strategy

One simple way to hack your content strategy is by reading reviews of competition:

Head over to Amazon:

  • Search for ebooks covering a similar topic to what you want to write about.
  • Target the titles with an average review of 4 stars or higher.
  • Read the “most helpful” critical reviews from those titles.
  • Find the things “missing” from the best books.  People may enjoy a book but wish there was still more to it.  If one of the top Sushi Cookbooks doesn’t teach you how to make a California Roll, make sure to include it in your sushi cookbook.

Hack your ebook content strategy by reading 4-star reviews and finding out what's missing in the ebook

If you want to spend a little money, another hack is to download up to 20 of the top ebooks in your space.

Then read through the “Popular Highlights” in each and sort them by “most popular.”  This allows you to read each of the books in a quarter of the time.

You’ll also know what topics are a must to include in your own ebook.  The more highlights, the more important it is to include.

Step 2: Creating a Catchy Title for Your eBook

Titles are a tough one.

Besides the cover, a title is the most visible thing about your ebook.

The combination of a great title and well-designed cover are going to draw possible buyers in more than anything else.

There are a couple different strategies you can follow when coming up with a title.

First, you can look to bloggers.

Bloggers have been perfecting the art of titles for a long time.  Like with ebooks, your blog post has to have a catchy title to attract readers.

One method bloggers use to create catchy titles is a formula in four parts:

Part 1: The Format

What type of ebook is this going to be?  Is it going to be a list?  A series of facts?  Strategies?

How many items in the list will there be?  How many facts or strategies?

Having a number in the title juices its catchiness.

This really only works if you’re going to write a non-fiction book transferring knowledge or helping someone accomplish a task.

Part 2: Emotional Hook

Use a power word like “Amazing” or “Powerful.”  Something to draw the casual browsers attention.

Our brains are drawn to these types of words.

When you read them, your brain can’t help but be triggered.  It’s an automatic response found in the amygdala which handles emotions, survival, and memory.

Part 3: Content Type

Here you state whether the ebook is a series of facts, strategies, myths, etc…

This is the meat of the ebook.  The details of how you’re going to help the reader achieve or understand the subject.

Part 4: Your Subject

Is the book about losing weight?  Saving money?  Investing?  Eating healthy?

Here you state the topic.  What the whole ebook is about.

Putting these four parts together would get you titles like:

10 Insane Facts to Help You Lose Weight

8 Crazy In-Depth Profiles of Dividend Aristocrats

13 Powerful Strategies to Increase Your Willpower

How to create a catchy title for your ebook

Poll The Audience

If you’d prefer not to copy blog titles, you can analyze the titles of best sellers in your niche.

Create two lists:

  • Every title of the best sellers in your niche
  • Word association.  Write down every word or random thought that might have something to do with your topic.

Try to combine these two lists into a series of title options.

After you’ve got a handful of titles, ask your friends and family to look over the list and pick out their two favorites.

Based on their feedback, test the final two with a cheap Google AdWords campaign.  This is what Tim Ferriss did to come up with the title of his best-selling book “The 4 Hour Workweek.”

Once you’ve picked your ebook topic and come up with a working title, it’s time to start writing.

Step 3: Create Your Outline

You want to map everything out.

Every talking point, important fact, introduction, conclusion…all of it.

Look at the table of contents of bestselling ebooks in your niche for inspiration.

The more thorough your outline is, the easier it will be to write the ebook.

A simple way to create a thorough outline is to take all the highlights from your content research and put them on individual notecards.

Also, take all the missing bits you collected from reviews and add those to notecards.

Scrivener is a great writing tool for this kind of work.  You can create digital notecards of all this stuff.

Using a tool like Scrivener makes outlining your ebook simple

Once you’ve got every highlight on a notecard, start arranging them in the order you want.

Try to combine highlights into larger groups.  Choose 3-5 sections.

If the ebook is going to have more of a list feel, choose 10-15 sections.

Now each highlight is an area to expand on during your writing sessions.

Step 4: Create a Writing Schedule

You’ve got to develop a writing schedule and stick to it.

If you’re worried about getting burnt out, take an hour each day and expand on one highlight.

Or, set a date you want the book finished by.  Divide the number of highlights in your book by the number of days until your target date.  100 highlights / 50 days = 2 highlights per day.

Put aside time each day to write about two highlights.

Use the Jerry Seinfeld method to track your productivity.

Using the Jerry Seinfeld method to track your ebook writing progress

The easiest time to write is between 10 pm and 8 am.

Almost everyone else is asleep and you’ve got no distractions.  There is no one to bother you.

Start going to bed late or waking up early to do your writing.

Step 5: Editing Your eBook Like a Pro

The easiest and cheapest option is to edit the book yourself.

While Scrivener, Google Docs, and Word all have decent spell checkers, you’re going to want to run it through something more robust.

Use a tool like Grammarly.  It’s a free program that not only checks spelling, it makes sure the word choice is correct based on context.

“Their” won’t show up as a misspelled word in Google Docs, but Grammarly will say it’s wrong if your sentence is “the book is over their.”

Other features in the free version include grammar checking and vocabulary enhancement.

The premium version also checks punctuation, sentence structure, and even style.

You can also give a copy of your ebook to friends and family for suggestions.  Have them point out any glaring mistakes they catch.

The final, more expensive option, is to hire an editor from Freelancer.  It’ll cost you some money but it’ll also guarantee a professional will be making sure everything looks good.

Step 6: Designing the Cover

Unless you’re a VERY creative person, I’d look to outsource this part.

You know the old adage, “never judge a book by its cover.”  Well, that’s not the case on Amazon.

EVERY book is judged by its cover.

You want to make sure yours looks professional and stands out from the crowd.

A quality cover makes your ebook look professional.  It shows you mean business and the content inside is of a high quality.

For great design covers, there are a few places you can look to:

99designs:  This is the high priced option.  A book cover will typically run you between $50 and $500.  I know, it’s a big spread.

With 99designs you’ll run a contest.  You’ll write up a description of what you’re looking for and then people will submit their designs.

You put a price up front on how much you’re willing to pay for the design.  The higher the price, the more design submissions you’re going to get.

Run a contest on 99designs to get an ebook cover

Freelancer:  A book cover here will probably be less than $50.  With Freelancer, you hire a freelancer to do the design work.

Unlike 99designs, you pick one designer and pay them to do the work.  So before you pick one, make sure to look at some of their samples to make sure it’s on par with what you’re looking for.

Usually, you contract someone out at an hourly rate, but you can also set a price for the full project.

Hire someone on Freelancer to design your ebook cover

Fiverr:  The cheapest option.  Get an ebook cover designed for $5.  Everything on Fiverr is only $5.  While you may be thinking it’s impossible to get a good design for that much, but you’d be wrong.

Some of the people on Fiverr are trained individuals getting started.  They’re making very little money to build a portfolio and get their name out there.

Step 7: Formatting, Pricing, and an Enticing Description

Formatting

Once the ebook is written, you’re going to need to convert it to the Kindle format before publishing.

If the ebook was written in Word, you can use Amazon’s Kindle Create.

It’ll help you:

  • Preview and edit the ebooks as it will appear in Kindle format.
  • Create and edit your table of contents while styling your ebook
  • Add professionally-designed themes to make your ebook better-looking and easier to read.

If you don’t want to take the conversion process on yourself, there are plenty of professional services out there willing to handle it for you.

Amazon even has a list of companies specializing in ebook conversion.

Pricing

Most people read ebooks over physical books because of the price.  This is where ebooks have a distinct advantage.

Because there aren’t any physical materials to buy, the cost of those materials doesn’t have to be taken into consideration.

The price can be whatever you want it to be.

On Amazon, the sweet spot is between $0.99 and $2.99.  Everyone used to price their eBook at $0.99 but it’s going away.

People give higher value to higher-priced items.  When all other things appear equal, we automatically assign a higher quality to premium priced items.

$2.99 gives the appearance of higher quality compared to  $0.99.  But $2.99 is still at a price people are willing to spend without thinking too much about it.  That’s our sweet spot.

Price your ebook at $2.99

Description

After the cover and title, the ebook description is the next thing your potential buyer is going to see/read.

You need a good description to entice them to buy the ebook.

Take your time!  This is an important one to get right.

Use books in the Amazon Top 100 for inspiration.  Figure out how they grab someone’s attention and try to mimic it.

A good description will go a long ways.

Step 8: Getting Reviews

Anyone who has shopped on Amazon knows the importance of having a few reviews.

Preferably good reviews.

When someone compares two items, one with 30 four star reviews and one with 3 four star reviews, guess which one they’re buying?

Good reviews mean other people have bought your ebook and found it useful.  That tells the potential buyer they should too.

It’s social proof your book is good!

Use social media, friends, and family to get some positive reviews.  Have them go to Amazon, buy the book, and leave a review.  If they complain about the $2.99, pay them back.

It’ll be worth it in the long run.

A word of warning.  There are services out there where you can pay for reviews.  DON’T DO THIS.

Amazon is getting better and better at determining which are paid reviews and which aren’t.  I can see a day where you’ll get penalized for having these fake reviews on your product.

Building a Review Bank

Once you’ve got a list of people willing to write a review, give them a PDF copy of your ebook.

Have them write a review and tell them to hold onto it.

You want a big launch event with purchases and reviews coming into Amazon right when the book is published.

This is how you get on the Amazon bestseller list.

When the book does finally get posted on Amazon, have everyone go and buy it.

You may be thinking “Why would you have them buy it after you’ve already given them a copy?”

Amazon needs to know the people writing reviews are certified buyers.  It makes the reviews more powerful in the eyes of Amazon and the potential buyer.

Verified purchase reviews are more powerful than non-verified

After purchasing, tell them to go ahead and post their review.

Step 9: Marketing and Promotion

You’ve put in the hours writing.

Emails have gone back and forth with your designer getting the perfect book cover.

Every person you know is ready to write a review on Amazon.

Now it’s time to really dig in and start marketing.

Marketing and promotion are what separates an ebook that makes money and one that doesn’t.

Where a publisher would handle this part with a regular book, this is something you’ve got to take care of.

You need to get the word out BEFORE the book is actually published on Amazon.

Why before publishing?

Because you want your book to hit the best-seller charts right when it’s published on Amazon.

To do it, you need to have people interested and ready to buy the moment the book is available.

You’ve got to build relationships.

Create an Author Profile

It’s a common theme.  Famous authors try to write books under different names and fail.

Stephen King did it with his alter ego, Richard Bachman.  In the mid-80s he tried writing a few books under the pseudonym and they flopped.

One book, Thinner, only sold 28,000 copies of the initial run.  After word got out Richard Bachman was, in fact, Stephen King, the book sold ten times that.

J.K Rowling did the same thing.  She wrote The Cuckoo’s Calling under the name Robert Galbraith.

The hardback version sold 1,500 copies.  Word got out Galbraith was Rowling and sales rose 4,000%.

People buy books from authors they know and recognize.

Let people get to know you.

Find a good picture and use it on all your author related websites.

Create a blog, social media accounts, and a profile on Amazon Author Central all using the same picture.

Consistency is comforting.

Start a Blog

In this day and age, you’ve got to have a blog.

If you do any sort of work you want to be recognized for by anyone outside your friends and colleagues, you have to have a website.

The easiest way to go is to start a WordPress.com site.  It’s free and simple to set up.

If you can, I’d recommend spending $2.99 a month to get a custom domain.

This way you can have the site www.johnsnow.com instead of www.johnsnow.wordpress.com.

It looks more professional the first way don’t you think?

Start sharing advice and tips related to your niche.

Steve Scott's website to promote his books
Steve Scott’s blog to promote his ebooks

If your niche is healthy, organic dog recipes, start sharing a few recipes that aren’t in your ebook.

Show pictures of cute dogs.

Talk about what foods are healthy for dogs and what foods aren’t.

The Power of Social Media

There are so many avenues to travel down when it comes to social media.

The two giants in the room are Facebook and Twitter.

  • Create a Facebook page.
  • Start a Twitter account.

Anything getting posted on your blog should also get posted on Facebook and Twitter.

The more places you can get your name out there, the better shot you have of becoming a success.

 

Why Earning Money is Important

Why Earning Money is Important

#1: Freelance Writing

If you have writing skills and creative talent, it’s also possible to get paid to create online content. I don’t do this as much as I used to, but I am very aware of how viable this income stream is.

One blogger I know, Holly Johnson, actually makes over $200,000 per year creating content for other websites. And actually, that’s on top of the six figures she earns with her blog, Club Thrifty.

Holly told me she started writing content in 2011. At the time, she still worked a full-time job but created content online part-time to supplement her income. Over time, she was able to double and triple her rates until she could quit her full-time job to write. These days, she makes bank as a freelance writer and teaches others to do the same via her online course, Earn More Writing.

According to Johnson, the key to making it as a freelance writer is figuring out a niche, networking with people who might hire you, and delivering high quality content 100 percent of the time. While there are a ton of writing job boards to help you get started, she says it’s fairly easy to find starter writing jobs on websites like Upwork.com.

#2: Sponsored Posts

If you have a website or a large social media following, you can also make money by pursuing sponsored posts and ads. But, how does this work? Basically, companies are willing to pay bloggers and social media influencers to promote their products and services. If you have a platform, be it a blog or a huge Instagram following, you can cash in.

The first time I got a sponsored post for Good Financial Cents, I was totally blown away. I think I got paid only $100, but that was a lot of money to me at the time. Later on, however, I realized companies that wanted a sponsored post really just wanted a link from my website to their own site. For that reason, I started increasing my rates.

These days, I charge around $4,500 for a sponsored post. Plus, I clearly mark all sponsored content as an #ad to stay in compliance with Google’s terms and conditions. I also only promote companies I use or believe in.

But, I also know bloggers that get $20,000 for a sponsored post. That’s pretty crazy, but it just goes to show what is possible.

Keep in mind though, you don’t need a website to do sponsored content since you can also get paid if you have a lot of social media followers. My wife has a pretty big Instagram following, and she gets all kinds of sponsorships. Not only does she get paid in cash, but we get a lot of free stuff, too. We’ve received free rugs, free lights, and free carpet cleaners. She only promotes things she loves though, so this strategy works really well for her.

#3: Webinars

Need more ideas on how to make money online? Another strategy is using webinars to market your product, service, or course. I’ve done webinars to promote my financial planning practice and to drum up interest in my online course for financial advisors. With a webinar, you’re basically offering a lot of tips and advice for free — usually in a live format. At the end though, you pitch your paid product or service with the goal of securing a few deals.

Professional speaker Grant Baldwin uses webinars to market his courses on public speaking, including Get Booked and Paid to Speak. While Baldwin offers plenty of free tips during his webinar, he offers his course at the end for people who want to pay to learn more. And, a lot of times, his sales pitch works.

No matter what you’re selling, it’s not that hard to set up a webinar and attract people to sign up with a lead magnet or Facebook ads. Heck, you can probably find a free webinar on how to create your first webinar if you look hard enough.

#4: YouTube

YouTube is another platform that has made it possible for people to earn money online. There are a ton of YouTube channels out there on any topic if you can think of, and most of the people with a big following are earning some money in exchange for their videos and time.

Marine officer turned men’s fashion expert, Antonio Centeno has built a million dollar business from his YouTube channel, Real Men Real Style.

Last year, Forbes profiled some of the biggest players in the YouTube scene. According to the study, the top ten biggest grossing YouTube stars brought in $127 million from June 2016 to June 2017. The most popular, a gamer named DanTDM, earned $16.5 million of that on his own.

Will you earn that much? Probably not. However, you can start making money via YouTube using the platform’s own ad network or by getting sponsored posts. If you like doing videos, starting a YouTube channel can a fun way to earn some cash on the side.

#5: Build an Online Community

Last but not least, you can also earn money online by building an online community, although the monetization strategies you can pursue will vary a lot depending on your goals. You can build a community with a blog, for example. You can also build an online forum and charge people for membership. You could even build up a Facebook group and use your influence there to sell and promote products.

My good friends Shane and Jocelyn Sams have become experts in building online communities.  They have one right now for their website – Flipped Lifestyle. This community shows people how to create an online business and connects entrepreneurs who are pursuing similar dreams.

Prior to that group, they had an online community for teachers looking for lesson plans. That probably sounds pretty random, but it’s crazy the type of communities you can build and rally people around. If it’s something that you’re passionate about yourself and you want to connect with others that have that same passion, then an online community is something you should definitely consider.

The Bottom Line

There are a ridiculous number of ways to make money online and the ones I’ve covered here are just the tip of the iceberg. If you have time, a passion for almost anything, and at least some creative skill, you may be able to build an online income stream — or several — if you give it enough time.

But, don’t just take my word for it. If you look online, you’ll find thousands of success stories you can use for inspiration.

One day you could even create a success story of your own. But you’ll never know unless you try.

 

7 Realistic Ways to Make Money Online

7 Realistic Ways to Make Money Online

Whether you’re looking to make some fast cash, or you’re after long-term, more sustainable income-producing results, there are certainly ways you can make money online today. The truth is that making money online isn’t as difficult as most make it out to seem. It does require some discipline.

For many people, making money online would be an absolute dream come true. If they could find a way to make money with a website or some other online venture, they could quit their job to focus on entrepreneurship, spend more time with their family, and finally take back control of their time and their lives.

The crazy thing is, earning money online isn’t a pipe dream. I have been doing it for nearly a decade now with my website Good Financial Cents. I also know thousands of other people who are earning money online their own way with websites, courses, or unique marketing strategies.

Now, here’s the good news. The majority of online revenue strategies aren’t that complicated. Like any business venture, your online income takes time to grow. You need to be willing to devote the time and energy required to get your idea off the ground, and you need grit to stick with it even if your journey is slow when you first start out.

#1: Google Adsense

If you’ve visited any website, you’ve seen Google ads. These ads are everywhere, and for good reason. Not only are they easy to set up on any basic website, but they can be lucrative once your website starts bringing in a steady amount of traffic.

One of the cool things about Google AdSense is that it’s so easy to get set up. If you have a blog or website, you can sign up for a free Google AdSense Account. From there, Google will give you a unique code that you will paste onto your website. Google takes it from there, tracking your page views, traffic, and earnings on your behalf. There is no upkeep or maintenance to get this thing going, which makes it a no-brainer if you have a website already.

How much will you make? I think my best month with Google AdSense was almost $5,000 over the last ten years. That amazing month blew my mind since it was actually near the beginning of my blogging journey. When you go from making zero to $5,000 in a month, that will rock your world. For me, it also got me even more excited because I knew there were other ways to monetize.

#2: Affiliate Marketing

Whether you have a website or are still dreaming up ideas for a blog, you can also look into affiliate marketing. With affiliate marketing, you partner with brands and businesses within the content of your website. If you mention a product or service, you link to that produce or service using a unique affiliate code you received when you signed up for that particular affiliate program. From there, you’ll make money any time someone buys a product or service through your link.

Generally speaking, you’ll want to partner with affiliates that are related to your blog concept. Since I’m a financial advisor, I have focused a lot of my affiliate energy on financial products like savings accounts, credit cards, and investment accounts.

In addition to signing up for individual affiliate programs, you can also sign up for an affiliate ad network that offers a ton of different affiliates in one place. That way, you can see what works and what doesn’t work over time.

If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of the website Making Sense of Sense has become the expert on all things affiliate marketing. Michelle earns more than $100,000 per month from her blog and the bulk of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.

While Michelle works with a ton of affiliates in the financial services industry, one of her biggest affiliates is a blog hosting company called Bluehost. This just goes to show that you can make money with nearly any affiliate company or product if you know your audience and build up enough traffic to create sales.

#3: Consulting

Another way to make money online is via consulting. If you’re an expert in any field, you could potentially find people willing to pay you to counsel them on their personal or business goals. You might think you’re not important enough to consult for big companies, but you could be surprised at the types of expertise people will pay for.

My colleague Robert Farrington of The College Investor is a good example of someone who consulted online on the side in an unlikely industry. Robert told me that, after he had been blogging for a few years, a couple of brands reached out to him to ask him for help with social media and online marketing.

Robert said he did an average of 4-6 of these gigs per year for a while depending on his schedule and the work involved. The best part is, he charged a flat rate that usually worked out to around $100 per hour. And remember, this was pay he was earning to advise people on the best ways to use social media tools like Facebook and Pinterest to grow their brands.

If you want to start consulting but aren’t sure what steps to take next, you can also set up a free account through Clarity.fm. This website lets anyone who wants to offer consulting set up a free profile. Once your profile is set up, people will find you and book a session you’ll get paid for.

#4: Online Courses

Shutterstock

If you have any skill you can teach others, it’s also possible to set up an online course you can market online. You can find online courses that teach anything from cooking to marketing or even freelance writing. Heck, I even offer my own course for financial advisors who want to take their businesses online— The Online Advisor Growth Formula.

Last year, I profiled my friend Joseph Michael of Easy Course Creation. Michael offers several different courses, including courses on a writing software called “Scrivener.” Over the years, Michael has earned six figures or more annually selling courses that help people achieve the kind of success he has earned.

Most people set up their online course through a platform like Teachable.com. With Teachable, you can upload your course materials and use the platform to manage customers and accept payments.

#5: Podcasting

Another way to make money online is by hosting an online podcast. I have the Good Financial Cents podcast to go along with my blog, and I use that platform to find new sponsors and advertisers all the time.

I still remember getting my first sponsor on the podcast and finding out they were willing to pay $8,000 for me to include a short clip at the beginning of each podcast for 90 days. That was insanely exciting to me at the time since I wasn’t sure I would be able to monetize my podcast that much at first.

However, there are tons of people making a lot more than me on their podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the show’s most recent income report, this podcast brought in a net income of over $400,000 in March 2018. Now, that’s crazy.

The key to getting ahead with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect with sponsors. This isn’t the easiest way to make money online since there are a lot of logistics that go into writing, recording, and editing a podcast, but it is still worth considering.

#6: Book Sales

While the publishing industry used to be heavy in print, you can complete the entire process of writing, publishing, and marketing a book online these days. Websites like Create Space will let you upload and take your book to print without getting a formal publisher involved, and you can even get your book on Amazon.com so people can buy it there.

A blogger I know named Joseph Hogue has a successful blog (My Work from Home Money) and a thriving book publishing business. Hogue has written several books he has published online to create an ongoing source of passive income. He says he averages about 685 books sold per month to bring in an average of $1,857 in revenue. Not bad, huh?

If you think you could write a book people would want to buy, this is a smart strategy to consider since the start-up costs can be minimal and you probably already have a computer and word processing software anyway.

#7: Lead Sales

Another way to make money online is by collecting leads. The main steps you need to complete to make lead sales work include setting up a website, getting traffic to that website, and making sure you’re collecting leads that someone will actually pay for.

Here’s a good example of how lead sales can work in real life: My second website, Life Insurance by Jeff, brings in a ton of traffic from people who are searching the web to find answers to life insurance questions. While I used to have the website set up so I could sell these people life insurance myself, it was a lot of work to process all the different requests and clients. As a result, I started selling the leads I gathered instead.

Basically, lead buyers are willing to pay for the personal information I gather from people who visit my website. This is a win-win for everyone since I get paid for the leads and my website visitors are connected with someone who can help them.

Keep in mind though, you can sell leads in many different industries —not just life insurance. Really, you just need to figure out a niche, build a website and traffic, and see how much you can get for the leads you collect.

 

Exciting Myntra Upcoming Sales, Offers & Dates: November 2020

Exciting Myntra Upcoming Sales, Offers & Dates: November 2020

Prepare yourselves for the Myntra Upcoming Sales and do take into notice the Offers and Dates for November 2020. Now is your chance to grab the best deals online.

Myntra upcoming sale offers and dates

Have you heard of Myntra upcoming sale offers and dates for November 2020? Time for you to learn about them and get the most from your shopping hobby!

If you haven’t heard of Myntra next big sale in 2020, consider yourself lucky to have bumped onto this website because we are going to tell you about the awesome upcoming Myntra sale in 2020!

No matter what brand you have in your mind, no matter how small or big the amount in your hand is, if you believe in fashion and want to create your own style, these awesome upcoming Myntra sale offers are meant for you.

Let us not forget the special Myntra bank offers! These offers are going to give you all that you have been waiting for all this while. You can now buy all those brands you have sacrificed due to their expensive rates!

Top Myntra Upcoming Sale 2020 and their dates:

This Month, go on a trendy date with Myntra.com! Myntra upcoming sale dates 2020 are mentioned in this list for all those who want to mark the dates to get the most from the offers on this e-store.

If Myntra hasn’t turned into your favorite e-store yet, it is going to, very soon! You just have to learn about these incredible offers and you are going to get the virtual cart ready for your shopping desires:

Details of Myntra Upcoming sales in the month of November 2020

Myntra Sale and Offers

If you are here with the intention to get an idea about all those wonderful offers you can use to satisfy your shopping needs, we are not going to disappoint you at all. Here is everything you need to know about the Myntra sales in November 2020:

1. Special Myntra Diwali Sale 2020 For Special Shoppers:

Myntra Biggest Sale

Myntra sale offers can surprise you so fasten your seatbelts because we are going to tell you about the most awesome Myntra Diwali Sale 2020 from 30th October to 4th November 2020 where you can get up to 80% discount!

On what? On clothes, fashion accessories, footwear and even jewelry! For who? Men, women and children! Wondering about Myntra offers today? What if we say you can now get these offers on brands like Puma, La-Firangi and Ecko Unitd.?

If this hasn’t blown your mind already, it is time for you to visit the e-store and check all those brands that are now available at discounted prices. Some of the brands are definitely in your bucket list so you can surely buy products from the same.

Check out these amazing Myntra Sale November 2020 offers:

  • Play games to earn insider points. Use these points to get a slot for early access to the sale before it starts
  • Get up to 80% discount on clothes, fashion accessories, footwear and even jewellery
  • Men’s and Women’s Clothing will see 50-80% OFF
  • Offers up to 40-60% OFF on brands like Puma, La-Firangi and Ecko Unitd.
  • 10% instant discount on credit & debit cards.
Click Here to View & Get Myntra November 2020 Sale Offers Now

2. Giving Shopping Reasons To Men With These Myntra Sale Offers For Men:

What does the Myntra sale today have for the male gender? If you have been thinking of buying new track pants for yourself, if you have been thinking of buying new gym shoes for yourself, if you are out of good shirts for your conferences and meetings, if you want to buy amazing caps or watches for yourself, you have to visit the e-store of Myntra during this awesome sale period. On brands like WROGN, Nike, Jack N Jones, etc., you get up to 60% off!

The good news is that the discount is not only on western clothes like men’s shirts, t-shirts, jeans, pants, etc., but also on ethnic wear brands like Sojanya!

Get yourself trendy clothes by using these Myntra sale offers and deals on Men’s fashion:

  • 50-60% Discount available on western clothing brands like WROGN, Nike, Jack N Jones
  • Ethnic wear brands like Sojanya will see up to 50% OFF
  • Buy the latest range of Men’s clothing at 40-50% OFF prices
  • Buy amazing caps or watches for yourself on offers up to 30-60% OFF available on top brands

3. Celebrate Womanhood With These Myntra Sale Offers For Women:

Myntra today sale offers covers brands like Vero Moda, Dressberry, MAC, Metro, Mango, etc. for all the stylish women out there. Whether you are a college going girl or a corporate woman, you can now get branded t-shirts, shirts, jeans, sandals, shoes, party wear tops, cargos, and all such things at up to 60% discounted prices!

That’s not all – if you are a DESI GIRL, you can now check the embellish Saree collection and create a collection of your very own! If your sister is getting married, if your best friend has plans to settle this year, if there’s an upcoming traditional office party, you have got to check Myntra e-store for discounts and good quality products.

Women’s fashion offers and deals that you cannot afford to miss:

  • Covers brands like Vero Moda, Dressberry, MAC, Metro, Mango, etc.
  • Get up to 60% off on Women’s fashion and clothing
  • Offers of up to 60% OFF are also available on Embellish saree collection and Traditional outfits
  • Amazing offers of up to 40-50% on products like makeup kits from MAC, lipsticks from Maybelline, etc

4. Let Your Child Enjoy Shopping With These Myntra Offers For Kids:

Why should your kids suffer? Why can’t they get into new pair of clothes? Why do you want to be selfish by buying clothes for yourself, your partner and not for your kids? The most wonderful thing about Myntra is that it lets your kids get some new clothes and footwear too!

Before you check for Myntra next sale date, make sure your entire family has purchased something or the other at discounted rates. Brands like United Colors of Benetton, U.S. Polo Assn., Pepe Jeans, YK, etc. are available at awesome rates for your children. Good thing? They are all available at affordable prices!

Get your kids their trendy clothes by using following offers and deals:

  • Offers of up to 40-50% OFF on brands like United Colors of Benetton, U.S. Polo Assn., Pepe Jeans, YK, etc
  • Buy kids clothes, dresses and bottom wear online at 50% discount
  • Shop for the latest trendy kids wear from the fresh collection of Myntra at flat 40% OFF
  • Free shipping available
  • Easy returns and exchanges
 
0
Close

Your cart

Show Buttons
Share On Facebook
Share On Twitter
Share On Linkedin
Share On Pinterest
Share On Youtube
Contact us
Hide Buttons