Earning money online with ebooks is very possible if you know how to choose the right market. People are always hunting for information, and coining yourself as an expert by publishing a short e-book can be the most lucrative way to use your knowledge.
Here are a few simple steps for getting started:
1. Find your area of expertise
Writing your own original ebook to sell can be quite profitable if you choose a good niche.
Before you decide on anything, think about what you know, what you love, what you can help people with specifically. Find a topic, research it and figure out how your knowledge can separate you from the rest of the experts in the field. Maybe you have come up with a unique way to potty train your dog, or you have a fool-proof strategy for resume writing. Figure out why people need your book and not another one on the same subject.
2. Look for a needy market
There are several factors to consider when choosing your topic, particularly if your audience needs an e-book. People looking for a computer chair, for example, are not likely to buy an info packet on chairs; they just want back support.
Look for a hungry market. Think: first-time moms or recent graduates. Find a niche within the bounds of your own expertise and capitalize on their need for your help. Any ‘how-to’ book will usually sell well. For example, ‘how to become gluten free’ or ‘how to build a website’ are specific topics that will draw attention from a large audience. It is also important to choose a topic that is current and relevant in mainstream media; that’s the best way to be sure your book sells.
Creating your own ebook is not as difficult as it might sound. All you need is a good idea, a bit of research and some discipline to sit down and put all of your ideas down on paper…or word processor. The main advantage of ebooks over paperback books is that they don’t have to be huge in order to sell. It’s the information you have that is worth the money. If telling someone how to stop their dog from chasing cars takes only 15 pages, that’s fine, and you can still sell the ebook for a nice chunk of change. 15 pages is like a college essay – one all-nighter and you could be on your way to being a ‘how-to’ celebrity!
4. Become a published author
Publishing your e-book is as simple as uploading a file to Kindle. There is no charge, and your book will be available for sale immediately. Just visit the Kindle website to get started!
**Side Note: Every book needs a great cover for potential buyers to judge, and most writers are not graphic designers. If you need help creating a book cover, Fiverr is a great resource to check out. You can pay as low as $5 to have a professional cover created for you, and you are supporting freelancers!