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Sunday, October 1, 2023

How to Make Money As an eBook Writer

eBook Writing And Publishing: How to Make Money As an eBook Writer

Prolific writers love writing eBooks for several reasons. eBooks are big writing projects that writers love to get their writing 'teeth' into, they're easy to format because there are no paper page issues to worry about, and they're quick to publish which leaves more time for writing.

But if you want to make a lot of money as an eBook writer then you need to be able to write fast. The faster you can produce an eBook the quicker you can start selling it, and you can go on selling it for years as long as the content is up to date. Even fiction books can get outdated sometimes.

So you need to create eBooks fast if you want to earn your living this way.

The first thing you have to do with any eBook is research your subject. Even fiction books sometimes need a bit of research to make sure they are factually correct.

Research can be done quickly on the Internet. These days most libraries now have their reference books online too. Just make sure that you don't get distracted by websites that look interesting but have no relevance to your research. Stay focused. Set aside an amount of time for research and that way, you'll be less distracted by 'pretty' things you find on the internet because your time will be limited.

Next you need to outline your eBook thoroughly so that you know exactly what information you're going to be including and in what order. Then it's time to start writing. If you've researched enough and outlined properly, the actual writing should be easy and fast to do because you'll have so many notes and outlines to refer to, plus all the information will be fresh in your mind.

Next you need to make money from your eBook.

eBooks are written for different reasons. The most obvious reason is to sell it and make money. And while this is an excellent way to make money writing eBooks, there are other ways too.

PLR eBooks

You can sell your eBooks as PLR products. PLR stands for Private Label Rights. This means that you are actually selling the copyright of your eBook with each sale. When someone buys a PLR eBook it becomes theirs to do with as they please. Many eBook writers sell only a certain amount of each PLR eBook so as not to flood the market with the same product and reduce its value.

Some eBook writers package their eBooks with promotional articles and a sales page to attract more buyers. The only problem with PLR eBooks is that if you're selling a limited number of each one, your income is finite, but you can charge a high price per copy.

Promotional eBooks

It's common for writers to write a small promotional eBook to give away for free and use it to advertise their bigger eBook. These smaller eBooks can be used by others to give away too. This is known as viral marketing because everyone loves a freebie so chances are your free eBook will be downloaded thousands of times with people passing it along to others via their own websites. This can work really well as a promotional tool.

Promotional eBooks are also a great way to market not just your eBooks, but your websites too and get you known as a leader in your niche.

Re-sale rights

This is similar to PLR except that your eBook cannot be changed in any way. People who buy your eBook with re-sale rights, get the right to sell it themselves. Selling an eBook this way means you need to place strict terms for re-selling such as not under-cutting you on price and not changing the eBook in any way. Selling an eBook with resale rights, unlike PLR, means you can go on selling it for years.

Ghost writing

If you find that you love writing eBooks and are good at it, you could hire yourself out as an eBook ghost writer. Writing eBooks this way means that you'll never get recognition for your work but you will be paid for everything you write. It's not unusual for eBook ghost writers to charge several thousand dollars to write an eBook. I know of one author who was paid $1,600 for writing a 10-page eBook.

Get Affiliates

You can use affiliates to help drive sales of your eBooks. It's usual to pay affiliates 50% commission or more. If you are lucky enough to get a super affiliate selling your eBook and generating hundreds or even thousands of sales, it's wise to increase their commission to motivate them to sell even more eBooks for you. And because they're selling so many, even if you pay them more you'll still earn more.

So as you can see, there are ways to write eBooks quickly and different ways to make money from them.

Just make sure that all your eBooks are great eBooks.

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