How to Make Money By Writing and Selling eBooks

Writing ebooks and selling ebooks are some of the popular ways to make money. You can write ebooks for clients and earn upfront payment, as well as publish ebooks and earn royalties from your ebook sales.

There are a lot of platforms that allow you to publish ebooks and paperbacks. Kindle Direct Publishing is probably the most popular platform for publishing books and ebooks.

Do you need to be a good writer to make money from ebooks?

In order to make money from ebooks, you don't even have to write an ebook. You can hire writers and then own the copyrights so that you can sell the books. You can also try acquiring reseller rights for the ebooks you want to sell and make money by reselling ebooks.

Selling eBooks: Is it Easy to Earn By Selling Books and eBooks?

Let us not confuse ourselves. Just because you have published a book through Kindle Direct Publishing does not mean you are going to earn passive income. In order to earn from books, you need to sell a lot of copies, not just 10-20 pieces but hundreds of thousands. That will happen only when you can spend a lot of money on advertising.

If you are good at writing and if you are good at marketing, you can earn well from your kindle books. I know a lot of people who are earning well by publishing on Kindle Direct Publishing. You can earn 70 percent royalties from your ebook and about 30 percent from your Print on Demand book. You can also publish audiobooks.

How to Sell Your ebooks: The Marketing Tactics That Work

A lot of people hire virtual assistants to do fake reviews of their ebooks and try to manipulate the sales. Well, you cannot justify your actions like reviewing books or other products for money and only highlighting positive points in order to generate sales. Customers are not as dumb as you think. They know which review is a sponsored review or fake review and which review is a genuine review. When you are highlighting only good points, and you don't speak of any negative points, customers will be suspicious. A better approach is to give your books for free for a few days in order to encourage people to leave a review. A lot of people will reciprocate the writers who give books for free.

Instead of hiring virtual assistants to do fake reviews, how about asking your friends and family to read and review your book and post genuine reviews? Well, this does not sound genuine (because you are asking for a favor instead of depending on genuine reviews), but this can help you generate sales. Or perhaps, paying people to review your books and generating a lot of reviews (not recommended)

How to publish eBooks and Make Money

Kindle Direct Publishing (KDP) is Amazon’s book publishing platform for indie writers. It is absolutely free to use. You can earn up to 70 percent royalties from your published books.

Before you head towards KDP to register an account, make sure you have your manuscript ready to be published.

After creating your account, go to your dashboard and start filling up the form. Fill in the necessary details; upload the manuscript and the cover. Your book will go online in less than 48 hours. Now, start promoting your book. You can even run ads on Facebook or Amazon to drive sales.

Apart from book promotion, you don’t have to do anything to earn from your book. If your book is interesting and if you promote to the right audience, people will buy your books. You earn royalties from each sale.

On Kindle, you don't sell books for pennies. Kindle suggests you price your book at least $3 and you will earn 70 percent of your cover price which means you will earn $2.10 per book. Isn't that amazing? I am giving an example of earning on the lowest-priced book.

First published on Trendri, in author's name