Selling ebooks is one of the quickest option to make money online because you are selling out some of your unique ideas and words which normally you would have told to everyone for free of cost, but in this case you are going to sell these ideas to a limited number of people. ‘Rome was not Built in a Day’ similarly before launchig any product quickly make sure you think about the following points and get more sucessful.
Finding your eBook Niche :
The first and foremost thing which you should think about before getting into this money making idea is selection of the best niche which would give you the most sales and conversions. There are numerous factors which would count in when you are at this stage because you need to think about the things you are most passionate about and you would love to do, Example : I personally love to help people in their life matters, relationship guides hence i need to think about a ebook where i can give a complete guide on how to live a happy live with the maximum satisfaction from whatever you have. Since thats the kind of thing i really love to talk about and write down, i would always write a ebook only on this topic. There is always a demand for anything if you look into the markets and if at times you think that certain market is at a saturation level you can still be a leader in that based on your marketing and promotional ideas. It all depends on the way of Perception and seeing anything.
Your Brand Value and Network :
Before selling out something you need to first list down on this important factor ie Self-Branding because it really matters a lot. If you are a photoshop designer and have a network of around 50 good designers on instant messengers, another couple hundred contacts on social networking websites you need to seriously think about writing/ developing a product which would be beneficial for your network community. The advantage of this is that you can get into the depth of this topic and you always have a answer for any question because you have this topic as your passion, and your networked people would also help you out in case you need some help. But there is a problem too in selection a niche which your contacts are also interested in because they would not help you thinking you as a competitor and in this case you should think about networking and developing a product with a group of people who work in a team as this also leads in more sales because of a bigger joint network.
Pre Launch Reviews and Buzz :
If possible its always recommend to get some buzz in the market and setup a website where you can have a pre launch preview of the product, this create a small market for the product in advance. Take this idea from Apple, which creates a huge buzz for every product they are going to launch in advance and also offer discounts for pre-launch purchases, if possible try to setup some amount of discounts for people who pay you in advance. You do make less profits from these people but the advantage is that the pre-launch purchasers also create a buzz in the market by letting their network people about your product and they keep boasting about their purchase in return getting you more buyers. You should also find the leaders in your niche market and offer your ebook’s copy for free of cost to them for a honest review because a paid/supporting review would not really help and a honest review would give you a option to make some positive changes in your product and also build a trust with the buyers.
eBook Chapters & Book Size :
You need to plan in advance how big would you ebook be and the amount of information you are going to provide. The reason behind this is that you should plan whether this would be a complete book with all the information or a part of a series of books which you would launch one by one based on the sucess. You also need to compare with other available products in the market and evaluate each copy in terms of information provided with the results they achieved. You need to divide the whole plan into small segments and write up all the main important topics in the form of chapters and emphasize on the most important ones. Its very important to plan the total chapters and the complete ebook size in advance.
Sales Page and Sale Partners Setup :
There should be a very serious thought given on the sales page setup because this is one of the most important factor. If you just get another long-sized sales page and expect to get huge amount of sales you are wrong, there was a time when buyers used to get into these long-sales page traps but now the most buyers are conscious and they know whats the right product to buy and the right place to invest their money for better returns. You should get into touch with a professional marketing team for designing a book cover, setting up a backend script, professional design, newsletter management system, customer feedback forms, client support setup etc. You also need to plan about the sale partners ie using sales network companies like Amazon.com, Clickbank.com with whom you can signup and set up affiliate program for your product and get automated sales. In case of clickbank you need to pay a fees to get started and on every sale you need to pay your affiliate partners some share. This helps out very good because if your product is worth buying and if the affiliate program’s commision is quite good you can expect others to bring business for your product.
Payment Processors and Shipping :
Payment Processors play a vital role in any business because there are many cases where there are buyers for your products but you dont have the right payment processor because of which they cannot buy your products. Example in India there are numerous buyers who are looking to buy products online but dont own a Credit Card because of which you can lose business. Its very important to tie up with most payment processors using which you can accept payments with most credit card companies, online banking services, local cash deposit options, gift card etc. You also need to make sure that the product is instantly available for download for the buyers once the payment is recieved and confirmed, and in case you are offering a hard copy of your book you need to make sure that the shipping charges are the lowest and the shipment can be made all over the world because you can expect buyers from every place.
Conclusion :
There are many other points you should take in account before making a public launch of your product. Review the best sellers in your selected niche and make adequate research on them. Consult another book authors for effective sales tips and ideas. Hope these above mentioned points help you out and help you make money by building a successful book.
Excellent article their,this is Modularity !!! I am sure anyone reading this is inspired by you 🙂
Hi, Just found your blog surfing on the internet! I am too much interested in the information like you are providing. Why you do not write a new ebook and publish it by collecting more information on this topic. NO! Do not take me wrong! I am not a publisher. Ha! Ha! Ha! You have written in a detailed manner that’s why I am asking you about the ebooks. Have you ever thought of any type of ebook and in its business. It is a really hardwork to create a blog like yours and to maintain it. But you have done really a great job. Congrates! I have few questions. Do you think that blogs are better than ebooks for providing information and making money. I Just take the ebooks as products. I have never tried to write any ebook and to do any sort of business. If I say something about my website here, then you will consider this comment as a spam and NO One like that. But would like to say, that while selling FREE EBOOKS I have made such a huge amount, just in few days, that you will be amazed! If you visit my website (by clicking on my name in this comment) then you are bound to be surprised. I am sure this is a new technique of selling, I have found over the net. But lets talk about writing ebooks and providing unique information to the internet community, have you ever tried writing anything and publishing it? Do you also sell ebooks? What is your experience? I am interested in knowing about it or your experiments? Waiting for reply – Thanks, Regards