Thursday, 9 May 2013

How to Make Money by Selling Ebooks Online

Often people talk about new ways of making money online. Getting extra income by selling e-books online is one of the many new ways of making money online. Many people think that these are scams but I can tell it certainly is possible to make money from selling e-books.
All you need to do is show some patience because like every field here also success does not come in one night. Following are few steps that you need to follow in order to start earning money by selling e-books.
 First of all you obviously need to do is writing an e-book. No need to worry about copyrights as everything you published online is protected under Digital Millennium Act 1998. However, it becomes hard to enforce this law at times because you have to prove that you are the author of that work.
 Second step in making money by selling Ebooks online is to find a right kind of format for your e-book. In this regard, there are many online tools are available that helps you to find the correct format. Generate your first e-book is obviously hard thing but once you get familiar with the format and writing style it becomes much easy job. In order to convert the e-book, you have written you can use PHP Script Convertor which is available at EbookHood. Other platforms are also available in this regard like MyEbook, and Zinepal. Once you go through with this step, it becomes easier for you now to go and do marketing of your e-book.
In order to make sure that you will get the right price of your efforts, you need to choose the topic and subject of your e-book carefully. The topics which are not in demand are not only hard to sell, but it is also hard to get the right price for such topics. Some subjects and topics are highly demanded in the market. One of the smart things which you can use as your marketing strategy is just set your Ebook store at ebay, by paying a small amount as a fee. Craigslist is also a good market place for any type of Ebooks.
In order to get the highest prices for your Ebooks, it is extremely significant that you should research about the audience of that particular topic or subject. Some of the major ebook selling sites such as Amazon only accept Ebooks from book publishers whereas some other popular shopping sites accept the books directly from writers too.
 You can also setup your own blog websites for your ebooks. There are many advantages of having your own website because you are able to collect 100% price of your Ebook. On other websites, you have to pay part of your income as commission. There is a disadvantage that your blog site is not popular, and there is not much traffic on that website as compare to Amazon or ebay. If you choose to sell your Ebook on your on the site, you have to start from ground zero.

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