My father as well as we have always heard which a single part to financial success is to get paid while we sleep. What a dream, right? Believe it or not, there have been most ways to turn this into a reality. One way: write an eBook.
Several months ago my father approached me to discuss an existent examination module he longed for to begin as well as a lack of available books with information upon how to begin it. He fast identified a sizeable marketplace which would be willing to squeeze a how-to book for a examination program. After researching, he grown a list of essence for a book as well as started writing. Within 3 months, a book was created as well as being sold by a website we made. Within 3 weeks a book had paid for itself as well as we were creation money.
So youre substantially wondering, “How do we do it? How most will it cost? And how most will we make?” The initial step is to brand a niche marketplace in a group which is lacking how-to guides or books. The best place to begin is with hobbies or activities which youre already involved in. The some-more specific, a better. Avoid broad subjects such as how to sight a dog.
Once youve identified your topic, establish your marketplace size. Talk to people in your groups, online forums as well as have use of Googles keyword poke tool. This poke apparatus allows we to perspective normal monthly poke volume upon Google, as well as how most promotion foe a keyword has. Try to pick something which has tall poke volume as well as low promotion competition.
Okay, so youve picked your topic. Whats next?
- Create a list of essence as well as write a book in Microsoft Word. You can find giveaway eBook templates for Word online.
- A book cover picture will severely enlarge your sales. Use a site similar to elance.com. You can post a job, as well as striking designers will bid upon your job. You will compensate about $50 to have a cover picture made. Request a cover picture as well as a 3D book image.
- Once we insert a book cover into your word file, review a book, afterwards modify a word record to a pdf format.
- Next youll want to host a book (the pdf file) upon a site such as ejunkie.com. Monthly price for a hosting have use of is $5 – $15 depending upon a record size. Ejunkie can be used to send out a couple of a book which is means to be downloaded once someone buys it. This is required since a record will substantially be as well large to send by e-mail. You can send giveaway download links to people, as well as additionally have your ejunkie comment related up with your PayPal or Google checkout comment (more information upon this later) to automatically send a download couple once youve been paid for a book.
- Create a website to sell your ebook. Use elance.com or guru.com to find someone to build a website for you. You should design to compensate $120 – $300 for a website. Youll get to select a web engineer after reviewing their price as well as portfolio. You will additionally need to squeeze a web domain ($10) as well as compensate for site hosting ($5/month) from a site such as godaddy.com or hostgator.com. The web engineer can assist we with this process. The web engineer will additionally couple your site to your ejunkie comment so people can click upon a buy it now symbol as well as compensate right into your PayPal or Google checkout account.
- Once a website is live, we should emanate an promotion comment with Google AdWords. Google will uncover your website to perspective buyers when they perform Google searches involving a content of your book. You can compensate as most or as little as we want for advertising, though if we picked a subject with very low promotion foe we can design to compensate as little as $0.10 for any person which comes to your website. Because a people coming to your website have been very expected to squeeze your book, we can design a tall sales rate. You can have your web engineer have use of a formula from Google Analytics to concede we to track how most people perspective your website.
- Test all out to have sure we embrace money from payment as well as which a book automatically gets delivered to a buyer.
When its all said as well as done, we should design to compensate in between $175 – $375 to get your E-book online for sale. You will have $10 – $20 in reoccurring costs any month for web hosting as well as book hosting. If youve picked your book subject wisely, we can design to have $200 – $700 upon normal any month offered your book. So take a little initiative, write an ebook as well as have money while youre asleep!
This has been a guest post by Natasha from Coyle-Rutland, MA
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