How Much Can You Make Selling Ebooks?

Posted by Gary on November 26, 2008 under Ebook Secrets, Ebook Writing, Selling Ebooks | 2 Comments to Read

Some ebook authors make just a few extra dollars per month. Others make hundreds of thousands of dollars with a single ebook launch. The best thing about ebook publishing is that with ebooks the author gets to put more from each sale into their own pocket.

Many traditional book authors only earn a dollar or two for each paperback book they sell.  But with ebooks you will normally pocket 80 to 90% of the sales revenue from each purchase.

Let me give you an example. David Goldsmith’s “25 Ways to Write for Money” sells at WriterIncome.com for $29.95. Whenever someone buys the ebook he pockets around $26.60 after taking out the ClickBank payment processing fee. That’s about 89% and sure beats the $1-2 per copy he would get through a regular book publisher.

Even on the occasions that an affiliate is paid 75% for referring the sale, David still gets a tidy $8.54.

Michael Webb, an author of multiple ebooks for sale at ClickBank, posted this comment on a ClickBank blog:

“I very “successfully” published my first book with a top NY publishing house. It has continued to sell quite well and is in its 8th printing. However, because I only make about $2 per title sold the royalty checks (every six months) don’t get me all that excited. I make more with some of my ClickBank titles in one month than I make with this “best-seller” all year.”

Ebook Business Strategies – What Are Your Options?

Posted by Gary on November 12, 2008 under Ebook Publishing, Resell Ebooks, Selling Ebooks | Be the First to Comment

You may have heard that an ebook business is a good business to be involved in, but if you are just starting out with your ebook business you should know that there are several options available.

Ebook businesses are excellent for many reasons including the low production and storage costs, low shipping costs, and the ability to sell your ebooks through an online store that stays open “24/7”. This is a business which will, if you set it up correctly, operate like clockwork, taking orders even when you are taking a break.

But not all ebook businesses are the same because there is more than one way to make money from ebooks. Here are some of the more popular ebook business strategies. Some people use only of these strategies. Other businesses combine the options.

1. Write Your Own Ebooks and Sell Them

It is very profitable to write your own ebooks and sell them. Your main costs will be your time while you are researching and writing your ebook. But once it is available for sale you have almost no outgoing costs except for hosting and payment processing fees. Hosting is just a few dollars a month and payment processing is just a small fraction of the cost of each sale.

2. Sell 3rd-Party Ebooks and Pay Author Royalties

If you already have a web site, blog or ebook store online then you can offer to sell other authors’ ebooks through your site. It is normal to pay a royalty to the author (for example 50% for each copy sold. It is a good idea to simplify this process by paying royalties every month or quarter.

3. Sell Ebooks with Resale Rights

If you search online you can locate and purchase ebooks that come with Resell Rights. The Resell Rights give you permission, once you have purchased the ebook yourself, to sell it to other people and keep all of the revenue.

Obviously you cannot do this with just anyone’s ebook, so be very sure to obtain the rights through a reputable source such as directly from the author or through one of the big Resell Rights ebook stores.

From an investment point of view it will be much easier to buy three or four ebooks “ready to go” than to write several of your own. However the downside is that you will be competing with many other online businesses selling the exact same ebook.

Note that with Resell Rights you cannot normally edit the ebooks in any way or represent them as your own work.

4. Take Advantage of Ebooks with Private Label Rights

If you look for ebooks with PLR or Private Label Rights you will have even more flexible rights. With Private Label Rights you can represent the ebook as your own and usually you can also edit it, split or repackage the material as you like. As with Resell Rights you should take care to only obtain PLR ebooks from a reputable source.

10 Advantages of Ebooks

Posted by Gary on October 17, 2008 under Ebook Publishing, Ebook Secrets, Ebook Writing, Selling Ebooks | Be the First to Comment

Ebooks have the following advantages:

1. They have extremely low production and distribution costs.

2. They require less physical space for storage.

3. They are portable - hundreds of ebooks can be carried on a single device or memory card.

4. Customers can download ebooks and begin to read them immediately.

5. People with reading disabilities can adjust text fonts and sizes.

6. Ebooks can be interactive. Ebooks can contain a combination of text, images, audio, video and animations.

7. Ebooks are searchable, The text can be easily searched.

8. Ebook content can be cross-referenced using hyperlinks.

9. Ebooks made with certain software can be secured to only allow the ebook to be read on one computer. These ebooks can even be “turned off” after a customer requests a refund.

10. Ebooks are environmentally friendly. They require a little electricity to read but they don’t consume the same paper, ink and other resources required to produce paper books.

5 Disadvantages of Ebooks

Posted by Gary on October 16, 2008 under Ebook Publishing, Ebook Secrets, Ebook Writing, Selling Ebooks | Read the First Comment

There are several disadvantages to be aware of with ebooks:

1. Some people don’t like reading books on a computer screen. (But they could still print the ebook on paper if they prefer).

2. Ebooks made with some software require certain hardware and software to be installed, e.g. they might not be able to be read on a mac computer, or perhaps on a PC that does not have Internet Explorer installed.

3. Ebooks can be lost if someone’s hard drive fails and they had not made a backup.

4. Some people worry that the ebook will not be readable by future e-book devices.

5. Ebooks might be hacked, copied or distributed without the author’s or publisher’s permission.

5 Reasons You Should Have An Ebook Business

Posted by Gary on October 11, 2008 under Ebook Publishing, Ebook Writing, Selling Ebooks | Be the First to Comment

An ebook business is an excellent business to be involved in.

From an author’s perspective, it’s certainly no more difficult than writing a regular book, and in many cases it can be considerably easier. Consider that the average ebook is much shorter than the average book in regular print. I have seen many successful ebooks in the range of 25 to 80 pages and it is certainly easier to write a 75 page book than 225 pages or so in a regular book.

Many ebook authors find that writing an ebook becomes easier if they begin by clearly outlining the structure of their ebook. They carefully plan out a sequence of chapters. Next, they look at each chapter as a separate article that needs to be written.

Many people can write one article within a day, and at that rate, writing an entire ebook doesn’t take too long.

Here are five reasons why an ebook business is a great business to be involved in.

24/7 – An ebook business is open 24 hours. As long as your web site is up, customers from around the world in any time zone can visit your store and make a purchase.

Low Production Costs - Ebooks are very cheap to make. Once you have your ebook it is virtually free to make a copy for a customer.

Low Distribution Costs – Ebooks can be downloaded or emailed at virtually no cost.

High Prices – Contrary to what some people believe, ebooks do not always sell for low prices. Sure, there are some ebooks available for $1.99. But look at the ClickBank marketplace and you will discover many ebooks selling well at $49.95

Additional Revenue - You can make even more income than the cover price of the ebook by advertising other products inside the ebook, using affiliate links. By doing this you can continue to earn income from commissions that you receive as your customers buy additional products which were recommended inside the ebook.