How To Make Extra Money By Writing A Sensational eBook
Oftentimes, when talking about How To Make Extra Money By Writing An eBook, it is not a good idea to think of it in isolated terms. Like so many other extra money-making ventures, you have to evaluate your various options and weigh them against each other. You never really realize what can happen should you ignore certain details, criteria, and other fundamentals relating to eBook writing. The bottom line is that you need to know some of the following about this topic of how to make extra money online through eBook writing so that you will make an informed decision.
Starting an online business is a venture that increasingly more people are doing right now mainly because they need to make extra money to survive and maintain their lifestyle. This is primarily due to the negative economic effects of the pandemic, which has resulted in job losses, reduced incomes, and unforeseen hardship.
Unfortunately, many of the ill-informed, do think that online marketing will be rather easy. The truth of the matter is that out of all the individuals who try to make extra money online, only about 5% actually end up becoming successful, leaving 95% of the individuals in the failure percentage. There are many ways you can make cash on the internet, with the most popular being affiliate advertising and marketing.
Something that is less popular but highly lucrative, however, is creating your own eBook. As you continue to read you are going to find some very simple steps for generating an eBook and effectively marketing it in order to generate sales, and make extra money.
Having a good amount of knowledge about what you’re going to be writing about will be really important for you when generating your eBook. It is therefore important, to stick to things you’re well informed about and thus build your confidence in how to make extra money.
You will also discover that instructional or “how-to” eBooks will be quite popular. This is simply because people are always trying to find information about how to do something that will improve their health, wealth, and self-esteem. Although you will make extra money from the eBook itself, you can also increase these earnings by offering informative links inside your eBook for readers to click on and visit your affiliate marketing offer. In order for you to make good money from this, it’s going to be vital for you to make sure you’re using affiliate links with high-converting offers.
With regards to the actual eBook itself, this is something you’re going to want to save into a PDF format. If you have ever read an eBook you’ll find that this is the most popular format for this kind of product, and you also have the ability to convert it to a physical book at a later stage. As we have just stated, the opportunity to Make Extra Money By Writing An eBook, is something that cannot be dismissed or at least should never be ignored.
It can be difficult to cover all possible examples of how to make extra money by eBook writing simply because there is so much to say on the topic. So now could be an ideal time to take a break and assess and digest some of the points raised above. A very low-cost method of starting off is to use a free word processing program like Open Office, as this program will enable you to save your final project in a PDF format.
It’s also going to be important to develop an attractive-looking cover for your eBook in order to portray a professional image. This is also something that you can do for free by using a program like Canva, or some other picture editing software.
After you have written your eBook and saved it in a PDF file the next thing you’re going to want to do is to produce a website dedicated to the promotion of this eBook. While you could hire someone to produce a website for you, there are different programs available on the web which can help you set up a website on your own. Here you are spoilt for choice between WordPress, Wix, Blogger, and Weebly, with all of them being absolutely free.
If you are looking for the simplest way to set up an internet site you will find that generating a blog is usually one of the fastest and easiest ways for you to get going. It is essential however to ensure that your blog content is relevant, current, and continuously being updated to enhance the search engine rankings. It also goes without saying that the content must be optimized for the search engines (SEO) as this will further assist in targeting certain keywords that can rank on the first page of Google.
As an example of keyword targeting, the following relevant questions and answers are important considerations when embarking on this eBook writing journey.
1 – How Much Can You Make With An eBook?
With Kindle Direct Publishing (KDP) you earn a royalty of 70% for every book you sell. If you price your book at $1, you’d get $0.70 for every sale. We’ll talk about pricing later, but the best price point for a small eBook is right at $2.99. Using a sale price of $2.99 means a royalty of $2.09. [https://www.themoneysnowball.com/make-money-writing-eBooks/]
2 – Is It Worth Writing An eBook To Make Extra Money?
However, if you have some spare time and believe that being able to point to the fact that you’re a published author on Amazon will help boost your credentials or career, then it’s worth it. Self-publishing on Amazon is also worth it if you can use the clicks and views that your eBook receives to boost another venture. [https://careersidekick.com/what-i-learned-self-publishing-eBook-on-amazon/]
3 – What Type Of eBooks Sell Best?
The top five selling categories for eBooks on Amazon are Religion and Spirituality. Biographies and Memoirs. Business and Money.
4 – How Many Pages Should An eBook Have?
“The Write Practice” considers a short print book to average 25,000 words, which is around 100 pages. And when you categorize eBook lengths by genre, the average lengths of short eBooks start at 123 pages for children’s books and cap out at 519 pages for long and meaty law eBooks.[https://www.podia.com/articles/how-long-should-an-eBook-be]
5 – Can You Make A Living Writing Ebooks?
Of about 200,000 authors selling eBooks on Amazon, only about 5,000 — less than 3% — consistently earn $10,000 a year or better, according to the website “Author Earnings”. More than half of those are traditionally-published authors. So, only around 1% of all the people self-publishing eBooks are making much money on it. [https://www.wisebread.com/can-you-really-make-a-living-as-an-eBook-writer]
Once the initial setup of your eBook writing venture is complete, you are in addition, going to need a payment processor to accept payments and make extra money. One of the easiest ways to start doing this is by utilizing PayPal, but there are also other options like Stripe. They are all safe and secure, with little chance of payments being intercepted or redirected by unscrupulous cybercriminals.
The information above is simply a basis to help you realize what will be involved when creating an eBook, but there is far more detailed information available if you want to search for it online. What we have just discussed is really all the beginning about How To Make Extra Money By Writing An eBook. Success will only come through Taking Action, and The good news for you is that a substantial amount of the effort has already been done by reading this article in full.
Now that you’ve reached this stage but are still not confident about writing an eBook yourself, why not opt for a Done For You (eBook DFY) service. Go to the https://freelancewritingnet.com, to let us know your basic requirements. You will get a response within 24 hours, and get all the guidance on how to make extra money through writing .