18
Mar

How to Make Profits With Your Ebook

Ebooks are a revolutionary way to publish your book without incurring the costs of print production. All you need is a relevant and targeted subject and some inexpensive software, and you can transform your manuscript into a book.

The problem, in terms of actually seeing any profits from your ebook, is that the market is overwhelmed with ebooks, and many of them are not worth the time it takes to download them. Just because the ability exists to easily produce an ebook, doesn’t make it good writing.

If you plan on charging for your ebook, make sure your book does not simply rehash old material. You will injure your credibility as an author by claiming to offer valuable new insights and disappointing your audience with material they’ve read a zillion times before. So spend enough time writing and revising your book to make sure it’s of the highest quality and presents the most current information. A good book will eventually sell itself; false claims about your book will make it extremely difficult to sell any future books you may write.

Assuming you have determined that you do indeed have a quality product that answers some question or need of your target audience with NEW information, how do you know how much to charge for it? Rule number 1: Set a price for your book equal to its value. An under-priced book will only give the impression that your book isn’t worth very much.

To figure out a fair price, estimate how much time you put into creating it and how difficult it was to transform the necessary information into understandable and engaging writing. Figure out how much your time and effort is worth, and then price it accordingly. The goal is for you to be adequately compensated for your talent, your time, and your effort. This can be difficult to measure, but it’s important to set a price that is not too high. You definitely do not want to start by selling $39.99 only to later lower the price to $24.99 after only a couple sales were made at the higher price. Scour the market for other ebooks in your niche and use that as your gauge for determining how much to sell yor ebook for.

Once you’ve figured out a price that is high enough to convey the value of the book, but not so high as to be out of the reach of your target audience’s mean budget, then it’s time to offer it for sale on your website. To attract sales, you will need to develop a promotional campaign, particularly if you are an unknown author.

There are multitudes of books about self-promotion that will guide you in your efforts. Choose a plan that is both creative and professional. Learn how to write a catchy yet informative press release, and send copies of your ebook to sites that specialize in ebook reviews.

Learn how to write powerful sales copy, or hire someone to write it for you. This is essential! You absolutely need excellent sales copy to sell your book. Make sure the copy includes all the reasons your target audience needs your book, and the benefits they will derive from buying it.

Use graphics in your promotional materials. Beautiful graphics have the power to instantly convey the quality and value of your ebook. Graphics can also convey the amount of valuable information the book contains, and your careful attention to detail. Professional graphics sell professional books. They reassure the customer that the product is what it claims to be.

Consider excerpting chapters for articles. You can offer these tidbits for free on your website as a sort of demo of your book. Include an order form for your ebook at the end of the excerpted articles.

Finally, when you set-up your download link, make sure to simplify the process. It’s a good idea to offer a few bonuses that make your book even more enticing to purchase, but make sure the bonuses are valuable and high quality. Too many bonuses that are basically a load of useless stuff will compromise the impression your audience has of your ebook. The goal is to convey to your audience that they are getting a quality product for a good deal. That means applying restraint, especially when it comes to adding bonus items. Too much free stuff offered diminishes your credibility.

Make sure your book is a quality product. Make sure it is relevant and current. Develop an effective marketing plan that includes excellent sales copy and excerpted articles. Then offer your book for sale, and wait for your audience to discover you!

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gravatar How to Make Profits With Your Ebook profit with ebooks make money online ebook profits Justin McGill is a web marketing professional and runs a successful Small Business SEO Firm. He is the founder and CEO of SEORCHERS (read: [surch-ers]) - a local web marketing firm specializing in organic search engine optimization (SEO) with a focus on converting visitors into clients. He is available for SEO Consulting and now you can connect with him on Google+!.

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comments

6
  1. March 18th, 2009 | Michael from TheBloggerSourceNo Gravatar (2 comments) says:

    Found your recent posts on eBooks helpful and shared them on my site. I’d love to hear your thoughts about eBooks.

    Michael@TheBloggerSource’s last blog post..Blogging eBooks – The Good, The Bad, & The Ugly

  2. March 20th, 2009 | clickktdotcomNo Gravatar (8 comments) says:

    Wow great idea to make money online, thanks for sharing!
    Hope you will have a commenti on my blog ^_^

    clickktdotcom’s last blog post..Avoid to ad network CPM denied

  3. March 22nd, 2009 | SueNo Gravatar (1 comments) says:

    This is really good, to the point info. Anyone considering publishing an ebook should take note. I am placing a link on my blog to this article. There is so much redundant material out there being passed along as valuable….NOT! Thanks for posting!

    Sue’s last blog post..Get Off Your Pity Pot!

  4. March 22nd, 2009 | Justin McGillNo Gravatar (146 comments) says:

    Thanks for the link Sue. Just read your blog as well – Keep staying positive and things will always work out for you!:)

  5. March 24th, 2009 | Internet Marketing (Guides)No Gravatar (1 comments) says:

    Very informative info. It helped me so I really believe you will do much better in the future. :)

  6. July 16th, 2009 | ebook storeNo Gravatar (3 comments) says:

    As an affiliate best way to make money with a high demand product and real in the profits in 24hours with under $10 and without having a big list of email leads. Tell me the quick way. I personally offer $10 for the best answer… Simply tell me the best way to promote and get high response in under 24hours.
    .-= ebook store´s last blog ..Hello world! =-.

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