Ebook selling is not hard. creating the ebook is not hard. Creating an income from an ebook is hard.
How do you create an ebook?
Sounds familiar right?
However each of those points has some small print, for example:
Payment processors all have the same issue:
Clickbank and Gumroad (to name some common payment processors) will allow your ebook to be hosted on their website but will either take a percentage or a certain amount of money per month for the luxury.
Websites like Amazon will do everything for you for a certain amount of the sales price. But you won't have access to peoples email addresses to follow up with again.
Everything has pluses an minuses so which one is the best? Hard to say. Amazon is pretty cool and if you add links back to your website within the ebook then you are trying to cover the lost email address issue.
I realised long ago that when you try and get into ebook selling you are met with a few issues.
But as of always, there is a process. And this process dictates whether your ebook will sell or not. So lets not forget that before you actually sell something you first need to create something.
This creation is where most people drop down with issues.
In my efforts to create this site, to create ebooks through the many years I have noticed one glaringly obvious fact.
You can not do this by yourself and think that people will beat down your door and buy your ebook from you.
Doesn't happen.
When celebrities sell a Kindle book and it shoots up the Amazon charts it is because of 2 things:
When someone unknown does it, well, they miss out tons of steps. They have prepared before hand, usually many months before hand. They have created a mini celebrity status around them. Then people buy because of the name.
Nothing online sells without either:
That is it. nothing more.
The main "secret" is actually to presell to a group of people who actually want what you are giving.
Having thousands of subscribers is cool but are they actually converting to anything? If you release anything without some sort of build up no one will know that you have released it right? So movies, publishers and affiliates promote the product well before they ever sell it.
Ebooks can be quite lucrative if the following is adhered to:
This is going to get covered in the Adwords article. But you can very easily lose money without realising it. It is very temping to buy clicks. Lets go over some numbers:
A huge amount of authors forget about how much they need to cover the basic costs. Which, in our example, is the domain name hosting. This always has to be thought of first- without the website you have no selling ability if you go down this route.
People then try pay per click- advertisements. This is fine as long as you know what is going to convert.
If it costs 10c per click and only 10 people buy out of 100 people who click (a really good conversion by the way) then you have made $7- 10x0.7 if buying through Amazon). But now you need to figure out the cost of clicks: $10 (100x0.1). You lose money. To make this work?
Paying for clicks is fine but you need to know your numbers of the main factor: How much does one person buy. If one person out of 100 buys $10 worth of items from you- and that number is pretty much set in stone, you know what you can afford and you know where to improve your system.
An ebook now is something bigger than what it was many years ago. The people who are saying they sold thousands of ebooks did so following the above and by doing it early with very few competitors. You could write just about anything, have a cool sales page and people would buy.
But now people are a little bit more savvy about their shopping and will have an instant reaction to what you have and what you say:
Many an ebook has failed for the one and simple reason;
No-one wanted it.
Now it may sound like a cool idea, it might even be a a passion project but I have found something that every author should know of:
People don't care
They don't care if it took 20 years to make- unless you are a celebrity author/ musician and people are eagerly awaiting your next project, they just don't care.
What they do care about is themselves and what you can do for them- that is all. It is what we all do so it is nothing ground breaking but it is easily forgotten with a project that we have spent time upon.
So the first thing you should do is actually figure out if someone actually wants what you are offering. Or better still give you ideas to create something to actually offer.
The only way to do this is go where you audience is a hang out and interact. You will find golden nuggets of information of what people are looking for and what they are missing. You can look up books and see in comments what people liked, disliked or what the book missed out.
All this is important information so that when you do actually release something you will:
So lets choose a group and see how they do it. The online marketing group seem to have success in this field. They focus strongly upon online marketing information and then some will subset into other categories like email marketing. Then they just solely focus on that. Their audience is generally made up of online marketing interested individuals so selling a generalised ebook on this topic will get sales. But selling and email marketing one is going to get more sales.They rarely stray from the field they are in. They know what people look for because they are in deep within the topic.
However.
You can be too niche.
You are always recommended to go niche. I is a good idea to be a big fish in a small pond and try to dominate it. However, you can be in a pond that is way too small and has no growth possibilities.
For example, fishing lures. A very competitive field within the fishing niche, but a good niche to be in because there are so many subsets of this- fly fishing, bass fishing etc. You can move around in a small subset and grow out whilst keeping under the fishing lure niche. They are updates regularly, there are TV shows, personalities, magazines, locations etc.
On the flip side to this is building your own ant farm. Now you may be able to sell ebooks, videos, equipment but the niche is very restrictive and the potential to grow further is limited. Worm farms on the other hand is a little bit better because they are getting better publicity due to their recycling abilities and helping with the environment.
Below are everything that you need to start ebook selling
How to sell an ebook on Amazon and sell 5000 ebooks in 1 month- plus bonus study.
How did one author sell close to 1K of ebooks per day online?
The 24 most common proven ways to sell ebooks- from authors who are selling ebooks
How did one person sell 130 ebooks in 1 week?
A pro explains some of the top ebook selling strategies
Can/ should you use Adwords to sell you ebook?
How do you convert your ebook to Kindle?
Can you use a Facebook technique to sell more ebooks?
Sell information online! Sounds cool. Is it?
How much should you sell your ebook for?
Sell more ebooks by increasing your conversion rate
Best selling ebook categories?
The best selling ebooks on eBay
Sell your ebooks slightly differently with this theory (with proof)
Should you use keywords to create content for your ebooks and eProducts?
Should you be concerned about refunds?
What are the factors that increase and decrease ebook profitability?
Should you sell ebooks in the first place, how about competition?
Why is it hard to sell ebooks?
What are the best ebook selling categories?
Whats the best ebook selling websites?
For more info on eproduct selling, check out the Jasonera blog here.
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