Introduction: How to Make Money Selling E-Books Online (No Experience Required)
If you’re more of a writer then this will be a very good choice for you. However you don’t really need to be a professional writer to make and sell eBooks. You can hire ghost writers online.
More people buy books online for their Kindles compared to buying physical books. [Source]
The best thing about making eBooks is that it is a really good passive income business because once you put your book available online, it will stay there forever and it is an online product, not a physical product so they just pay to download the file.
It is really simple to make an eBook.
Let’s get started.
Step 1: Start Writing Your EBook on MS Word
Note that when you’re writing your eBook, make sure that you should make it something that YOU would want to read. Don’t just rush it or you will just be wasting your time. Who knows, you might be a best-seller and sell a million copies online. It can be a love story, a comedy book, a kid’s book or whatever comes to your mind.
Note: It does not have to be long, unless you're writing a novel, series, or something worth hours of reading!
Make sure you make your eBook cover really good. If you have the skill then go for it, if you don’t you can outsource and let someone do it for you in oDesk or in Fiverr at cheap prices. Tip: The best selling eBooks are adult romance.
Step 2: Get An/many EBook Sites to Sell Your EBook
Once you have your eBook ready then you should find a website (however I recommend that you get many websites) to sell your eBook. Once you place it there then all you have to do is hope for the best that people like your eBook. If they do, they will probably recommend it to their friends and the race goes on.
Here are 3 sites I recommend to sell your eBooks online. Some give more royalty per sale and some give less (Royalty is also known as commission), but these 3 are ones highly recommended:
1. Payhip
Payhip is a good site to sell your eBooks because they do all the hard work for you and all you have to do is just upload your book to their site. The sign-up is free and they give 100% royalty per sale. They handle all the payments through PayPal for you.
2. Amazon Kindle Direct Publishing
Amazon Kindle Direct Publishing (KDP) is one of the best because this is one of the most pupular sites for people to buy eBooks so you will expect a lot of traffic to your eBook/s if you upload your eBook/s here. Sign up is free and there is 35%-70% royalty per sale.
3. ClickBank
ClickBank offers a unique online retail environment for digital products—including eBooks. With a one-time product activation fee of $49.95, you are ready to promote your writings to more than 100,000 of ClickBank’s active affiliate marketers who are always doing their best to promote other people’s products because if they successfully sell, you sell. Sign up is $49.95 and royalty is 50%-90%.
ClickBank has a sign-up fee to act as a seller but if you know what to do, then you will be one of the fastest selling authors ever with all the affiliates working for you.
To clarify things, take a look at this video on how to make an eBook on the spot using KDP for this example once you are done making an eBook on MS Word or your word-processing program. Your word-processing program is for spell and grammar checking—and that’s important!
Thank you for reading this instructable. All of the information supplied here was derived from http://www.projectpassiveincome.com/e-book-publishing-method/
