Content of the material
- How to Make Money From eBooks
- FAQ About Writing and Selling eBooks Online
- Can you make a living writing eBooks?
- How can you write an eBook fast?
- How long should an eBook be?
- 5. Write The Amazon Ebook Description That Would Impact Readers
- Get Rich Selling EBooks
- Market Your Work
- Create a Blog
- Create a Social Media Presence
- Host a Giveaway
- 11. Participate in Events
- 1. Find a Trending Topic To Create an Urge Among Readers
- 7 Sites to Help You Sell Ebooks
- 1. Visme
- 2. Amazon Kindle Direct Publishing
- 3. Smashwords
- 4. Rakuten Kobo
- 5. Sellfy
- 6. Payhip
- 7. Gumroad
- 5. Sell Products or Services
- Next Actions to Take
- Consider Audiobooks
- 8. Get Amazon to Promote Your Book
- Can Freelancers Retire? 7 Basic Ways Writers Can Prepare for Retirement
- EBook Niches
- Step 5: Editing Your eBook Like a Pro
- Where to Get Your Content – The First Step to Creating Your Bestseller
- More Marketing or More eBooks?
- Book Title and Cover Design: Interesting Title and a Good Cover Design Generate Sales
- Social followers and email list
- Ideas for promoting your ebook
- Social media ebook promotion ideas
- Paying tax on money you make from eBooks
How to Make Money From eBooks
There are a lot of ways to make money from ebooks, for example:
Ghost writing: You can ghost write ebooks for other people. You can find ebook writing jobs on freelancer sites like Upwork.
Reselling ebooks: You can acquire reseller rights of ebooks written by other people for a small amount and resell these ebooks to make money.
Publishing ebooks: You can publish ebooks on your own website or third party sites and make money by selling your ebooks.
If you are more concerned on making money by writing and selling ebooks, here are some tips and tricks to sell your ebooks for profits:
FAQ About Writing and Selling eBooks Online
If you still have some lingering questions about this process, here are some frequently asked questions that might help.
Can you make a living writing eBooks?
The short answer is, yes you can. But in reality, unless your first eBook is a smashing success, you’ll most likely start by earning just a little extra money, with the potential for full-time income in the future.
Many writers earn thousands of dollars a year in passive income from their eBook sales.
Related: SamCart Review
How can you write an eBook fast?
This is a burning question many hopeful writers have. The key to writing an eBook quickly is to outline and batch write.
Outlining helps you organize your thoughts and put together your book categories, sub sections, and chapters. Taking this step will help you write your book chapter by chapter, making the process much easier.
Batching is a process in which you will do a lot of work in a short period of time, with few distractions.
Batch write by setting a timer for a period of time, like 30 minutes, for example. Then, distance yourself from all distractions (like kids, pets, TV, music, etc.) and focus only on writing.
When the 30 minutes is up, take a short break. Then restart. This is a productivity hack that you can use for any type of work, whether it be professional or personal.
Related: How to Make $5,000 Fast
How long should an eBook be?
You can make your book as long as you’d like it to be, and then price it accordingly.
Do you want to build out a full guide? Or are you interested in more of a mini guide or cheat sheet?
Are you writing fiction or nonfiction?
Consider these questions and more, to determine your book length.
Many writers start by developing their outline and write from there, with no limitations imposed on themselves.
As a point of reference, according to Book Cave, nonfiction books should be a minimum of 10,000 words, with fiction being 80,000-to-100,000 words on average.
5. Write The Amazon Ebook Description That Would Impact Readers
Amazon’s ebook description is a valley of thoughts that would positively impact the reader’s perception and decision to buy your ebook.
You have to maintain the suspense throughout your ebook description to entice your audience.
Potential ebook buyers should have no clue what surprise they are waiting for when they read your ebook.
Try to find and include keywords related to your genre or ebook topic in your description to improve your ebook visibility on Amazon.
You can find the keywords that people search in Amazon using Sellerapp.
Use a great choice of words and clarity in your description with the help of Grammarly.
Here is a sample Amazon ebook description that Ashlee Vance wrotefor his book – Elon Musk: How the Billionaire CEO of SpaceX and Tesla is shaping our future.
Get Rich Selling EBooks
Writing a book is actually the easy part. Making a killing writing ebooks as an author, that is the hard part.
Here are some things you can do to make sure that your earnings keep rolling in.
Market Your Work
In order to boost sales and make money, you’re going to need to do some marketing. Ideally, this will start while your ebook is just a twinkle in your eye.
Maybe you have a blog on your chosen topic or you otherwise have authority, either online or off.
If not, though, don’t worry: You can start your marketing at any point before or after you publish.
Create a Blog
You might already know how bloggers make money through affiliate programs, but don’t forget that it’s also a great way to drum up readers for your ebook.
It’s best if your blog is up and running before you write an ebook because then you can use it to both gauge interest and create anticipation.
Release small previews, hype up the publication date, give background information, and so on. Once your ebook is published, don’t drop the ball.
Encourage momentum to keep excitement high by focusing your blog posts on your ebook. As well as other pertinent topics.
Create a Social Media Presence
Again, it’s better if you already have one, but even if you don’t, take full advantage of the platforms that are likely to attract your target readers. If you’ve written a dystopian YA novel, you’re going to want to focus on Reddit (and don’t miss this post on Reddit marketing!), Tumblr, Instagram, and Twitter.
If it’s a book of recipes you’ve written, create an account on Pinterest. Most people use Facebook, so you won’t want to neglect that particular platform.
One consideration when it comes to how to make money with ebooks is to become well-known, and social media is one way to do that.
Host a Giveaway
If you’re publishing on Kindle, take advantage of the program that allows you to give away your book for several days. Also, give away the first chapter of your book, and give away the book to people in exchange for an honest review.
Hold a drawing on your blog. Make one share on Facebook, Twitter, or Instagram equal to one entry.
Giving away your ebook (or parts of your ebook) for free will create the buzz you need to inspire sales. Jim Belosic, co-founder of Shortstack, has some tips on how to create a successful giveaway.
Be sure to pay close attention to the part at the end about creating a post-giveaway action plan.
As you continue to write (more on that below!), you’ll want to market your new work to the people who entered your contest.
You want to do what it takes to connect potential readers with your Kindle ebook.
11. Participate in Events
Again, people: Think collaboration! Instead of trying to sell your ebook all by yourself, team up with 5-10 other authors and do it together. Do it in person at a bookstore, do it online—but get together.
That way, you all pool your small lists and end up with a much bigger audience. I recently ran a 99-cent, one-day, multi-author ebook sale off a simple blog post that netted thousands of dollars for the authors (without paying for ads on BookBub or any of the other book-promo sites).
1. Find a Trending Topic To Create an Urge Among Readers
I honestly feel no one can make a perfect assumption about which topics do readers love to read.
We can find which keywords have a high search volume in the book category on Amazon using Sellerapp.
So, once you go through the keywords, you will understand which topic might accumulate in the reader’s mind.
I am also confident that choosing a niche and mastering it would help you in the long term as an ebook writer.
Try to choose a broad topic with less competition among best-selling authors so that you would reach more audiences.
The most trending topics in the ebook category are religion and spirituality, biographies, business, and money.
Find a new idea in a broad topic that had never been discussed or much talked about.
7 Sites to Help You Sell Ebooks
Selling ebooks needs a good and trustworthy platform. There are many publishing and distribution options, big and small. Choose the one that works for you.
If your ebook is not in the file type your publisher or distributor asks for, there are plenty of free online converters. Additionally, if you have the content and want someone else to convert it to ebook format manually, you can find many people on Fiverrr who offer this service.
Visme in an all-in-one design and content creation platform that lets you create, publish and share all kinds of visually engaging content — including ebooks.
You can easily create ebooks with the help of ready-made templates (with multiple, pre-designed pages), drag-and-drop design tools, free photos, the ability to add videos, links, audio and animation, and more. Share your ebooks online, or download them in PDF or HTML5 formats.
Here’s a quick video tutorial to walk you through creating an ebook in Visme:
When you sell ebooks via Visme, you can create multimedia, interactive digital experiences viewable on both desktop and mobile. Plus, your readers can download a printable or digital PDF directly from the multimedia ebook.
You’re also able to track the number of views on your ebooks when you share them via Visme. This is great for analyzing the performance of your content.
2. Amazon Kindle Direct Publishing
Amazon is one of the largest online platforms for selling digital ebooks. The ebooks sold on Amazon are mainly for the Kindle reader, and they offer a tool to convert your manuscript, called Kindle Create. You can upload Microsoft Word files, EPUB and their signature Kindle file type, KPF.
Smashwords is an ebook publisher and distributor that offers lots of solutions for new and experienced ebook writers. You can upload a Word document or an EPUB file. They turn it into a digital ebook product and distribute it to all major ebook consumer platforms.
4. Rakuten Kobo
Rakuten Kobo is another ebook publisher and distributor offering to sell your ebooks on their site and many other distribution sites. To publish with Rakuten Kobo, simply follow the steps on the website. You can upload Microsoft Word and EPUB files, among others. They also offer solutions for selling audiobooks and even have their own digital readers for sale.
Moving away from sites that concentrate on ebooks alone, there’s also Sellfy — a digital product marketplace where you can sell any digital product for download. You can sell directly from Sellfy or use the link on your website.
Yet another digital download marketplace is Payhip. To sell an ebook on Payhip, it has to be ready as the file type of your choice. For a site like this, you’re better off selling your ebook as an EPUB. Sell with a Payhip link or add the link to a button on a landing page.
Finally, we have Gumroad — another online digital product marketplace where you can sell ebooks and other digital products. Selling on Gumroad is simple, but they don’t distribute your ebook anywhere else.
5. Sell Products or Services
If someone has invested the time to read your entire book, they’ll likely want to learn even more from you. The back of your book is the perfect place to let readers know about any other books, products, or services you sell.
Many nonfiction authors earn more money from selling products and services to readers than they do from royalties.
Next Actions to Take
Well, we’re wrapping it up. You’ve read all about how to make your first $1,000 selling ebooks. But you may be wondering what to do next. Your book is up, you’ve followed the steps, your Amazon ads are running. What now? What about the next $1,000?
Well, it’s simple, really: Do it again. Write and publish your next book. But make sure that you have a way to collect reader emails. And point each new book you have to the other ones you’ve written. You can do this in the back matter of your book, and even in the front matter, if you want.
The more books you have, the more money you can make by selling them. When someone finishes one ebook, they may see that you’ve written other ones and purchase them. And with a mailing list, you can gather your fans and contact them directly! How cool is that?
So keep it up. As your catalog grows, so should your income. And that’s a beautiful thing.
You may also want to consider turning your ebooks into audiobooks. This can create another income stream for you. The audiobook market is growing and it probably won’t stop any time soon. So consider narrating your own book or paying someone else to narrate it for you. This is a logical next step for ebook authors and it’s becoming easier to do.
8. Get Amazon to Promote Your Book
Amazon promotes popular books to readers, so if your free book is getting downloaded and read more than the average book in your market, you’ll get tons of extra promotion and downloads from Amazon at no extra cost.
Can Freelancers Retire? 7 Basic Ways Writers Can Prepare for Retirement
If you have been or want to be a freelance writer, you might have wondered: Can freelancers retire? Yes, they can! I got this question from a reader recently: After a 20+ year career in nonprofit fundraising I’ve been consulting in the field for the past six years and…
If you aren’t sure what to write about, here are some niches you might could go in to. I include broad ideas, then more specific ones below:
- How to stay fit after retirement
- Impacts of fitness on productivity
- Staying fit when you have a busy life
- Keeping chickens in your back yard
- Health benefits of owning pets
- How to live off the land with cattle
- Learn how to sew like your grandmother
- Carve wood with the best of them
- The science of billiards
- Raising children
- How to be a good parent
Now that I’ve given a few specific examples, here are some more broad topics:
- Makeup/hair styling
- Self improvement
Step 5: Editing Your eBook Like a Pro
The easiest and cheapest option is to edit the book yourself.
While Scrivener, Google Docs, and Word all have decent spell checkers, you’re going to want to run it through something more robust.
Use a tool like Grammarly. It’s a free program that not only checks spelling, it makes sure the word choice is correct based on context.
“Their” won’t show up as a misspelled word in Google Docs, but Grammarly will say it’s wrong if your sentence is “the book is over their.”
Other features in the free version include grammar checking and vocabulary enhancement.
The premium version also checks punctuation, sentence structure, and even style.
You can also give a copy of your ebook to friends and family for suggestions. Have them point out any glaring mistakes they catch.
The final, more expensive option, is to hire an editor from Freelancer. It’ll cost you some money but it’ll also guarantee a professional will be making sure everything looks good.
Where to Get Your Content – The First Step to Creating Your Bestseller
Believe it or not, you might already have most of an ebook written already. If you are already making money with a blog, those blog posts could be turned into an ebook with some editing. Simply collect relevant blog posts into an order that makes sense, make any needed edits so that references that aren’t relevant are taken out, and add an introduction and conclusion, and you’re done. Any blog posts you use should cover the same or related topics and work well together.
Although the information can be found for free throughout your site many people are willing to pay money to have it formally organized into something easier to consume, like an ebook.
Of course, that’s only one way to put together the content for your ebook. If you want to publish an original work of fiction or nonfiction — something you write yourself fresh — that is also a good option.
The key part, if you’re starting from scratch, is to work steadily towards your goals of finishing that book. Write something every day! Start with an outline and then fill it in.
You can also repurpose a book that is in the public domain. This means the copyright has expired and anybody can take the content of those books, and publish them, either updated or reworked in some way or as is. Did you see that book, Pride and Prejudice, and Zombies that came out a few years ago? That’s a great example of reworking a public domain book.
You can find public domain works, which include classics like Call of the Wild by Jack London and Shakespeare and books on just about every subject you can think of (a quick search yielded dog training guides, a how-to guide for amateur singers, and much more), in places like Project Gutenberg.
The key here is to not just republish the public domain works but to modify them and put your unique twist on them. An example would be the book The Art of War. You could repurpose that book into something like The Art of War for Business Professionals or The Art of War for Freelance Employees.
Another option is you can hire someone else to write your book for you. This is actually a very common practice in the book publishing industry; these writers are referred to as "ghost writers".
A final thought to keep in mind is that you don't have to write something like War and Peace. You can write shorter books for Amazon and sell them at lower price points ranging from $2.99 to $4.99 and people prefer ebooks that are shorter with more focused niche topics. Keep in mind that while you won't make a huge profit per book on these you can sell a larger volume of books and use these as a way of attracting people into the other things you do.
More Marketing or More eBooks?
Does this whole marketing thing seem a bit daunting?
It can be a bit overwhelming.
There are so many things to do it can seem like there is no point starting…and that might be the right way to go.
Making money writing ebooks is a numbers game.
You can write one ebook in a week, spend months or years marketing the hell out of it, and try to make $10,000 per month.
Or, you can do what Steve Scott does, and write 20 ebooks each making $500 per month.
He’s still got his blog, Facebook page, and Twitter profile, but, beyond that, there isn’t much marketing.
Write and edit the book. Design a cover. Get your friends, family, and whatever followers you have to write a review and then publish.
Wash, rinse, repeat!
Once you have your name out there for one good book, it becomes easier to sell another. And another. And another.
Book Title and Cover Design: Interesting Title and a Good Cover Design Generate Sales
When you are planning to buy a book or an ebook, that is the first thing that you notice? That’s right, the cover design and book title. Title and the cover have a great role to plan when it comes to generating sales.
Your ebook title should be unique, interesting, and catchy. Never use a title that has been widely circulated. If your topic is losing weight, “Lose weight in 30 days” can be your title.
However, this title is widely used, thus, when people see your book with a title “Lose weight in 30 Days” they make not take interest in buying your ebook even though they might be interested in the topic.
Therefore, you have to think about something that is unique, catchy and interesting. For, example, “Lose 10 pounds in 30 days without rigorous exercise and strict diet” can be a a better title.
Even though they say, don’t judge a book by its cover, cover is very important. Your covert should be unique and captivating. Avoid using widely used photos from free photo sites, invest some money on graphic designer in case you are not a designer.
Social followers and email list
It is pretty easy to get your ebook readers to sign up for your email list. When people will download your ebook for free, you will automatically get them as new email subscribers and followers on social media.
Creating a blog is another effective way to gather new readers for an ebook you wrote. In fact, it is always better when you run a blog before you go ahead and write your ebook. You can encourage some excitement around the publishing of your new ebook on your blog. Release background info, brief reviews, announce publication date and so on.
Create s Facebook page. If you have a blogging website, anything you post in there, post it in that Facebook page too. Have a dedicated twitter account for your regular posts. Harnessing the full potential of social media definitely helps in hitting the success goal.
If you have contacts of bloggers who are in the same niche as you are, just hand them some of the copies of your ebook. Just request them to share information about your book provided they think your book is interesting enough. It can be of substantial help in promoting your book if done the right way.
There are more than one platforms where you can sell your ebook.
Ideas for promoting your ebook
Creating and setting up your ebook for sale is only the beginning of your creator journey. To truly reap the rewards of your hard work, you’ll need to dedicate some time to promoting your ebook. There are plenty of ways to promote your ebook, but it’s best to start with the basics and build from there.
Here are some ideas for using social media, website content, and email to sell your ebook online.
Social media ebook promotion ideas
- Put up polls about topics to gauge interest
- Consistently share behind-the-scenes of creating the ebook
- Create a scavenger hunt throughout your content for the chance to win a free copy
- Ask readers to share a picture on social media when they download their copy
- Promote content that has a CTA for your ebook at the end
- Share occasional bundles or discounts
- Pin a tweet about your ebook
Paying tax on money you make from eBooks
The money you make from each sale of your eBook is known as royalties. As with any source of income, once you start earning money above a certain amount, you’ll need to contact HMRC. No need to panic: our guide will show you how to submit a self-assessment tax return if you need help.
Most publishing platforms operate internationally, which means you’ve got potential customers around the world! Unfortunately, if you earn money in other countries, their governments will want a slice of your hard-earned sales too.
But doesn’t that mean you’ll be paying twice as much tax? Quite possibly, but the good news is that the UK has a number of tax treaties in place with various countries to stop you paying again.
Whether you can claim the tax treaties depends on your nationality, where you live, and lots of other details which means we can’t go into all the fine print here. But don’t worry – each publishing platform will explain exactly what forms you need to fill in to deal with this.
Hoping to sell some old books online? Our guide will help you make a nice amount of money from them.