Saturday, July 11, 2009

Make Money With eBooks

If you are looking to earn money online you should look into ebooks. You can make money with ebooks a variety of ways. They are an incredible vehicle for creating passive income. In this posts I am going to go over 3 profitable ways to create residual income with ebooks. You can create your own and sell it. You can resell ebooks that already exist by buying the master resale rights. You can use free pdf ebooks to create sales for your other products

Create Your Own eBook

The obvious way to is to create your own and sell it. This is definitely the best way to go if you think you create a great product. When it comes to ebooks there are different criteria that make them good that is different from the criteria it takes to produce a good hard book. Even though they are digital versions of books the guidelines are different. For a hard back book to sell it has be long. Do you think a 20 page guide on anything would make the best sellers list?, probably not. However, with ebooks a short how to guide can be a huge seller.

Resell Existing eBooks

If you would rather not make your own then you can resell an existing one that is of high quality. This is a great way to start out and get yourself familiar with ebooks, especially the marketing aspect of it. Plus in some cases this may suit you better. To start out with you have only one expense. That is buying the master resale rights to the ebook so you can legally resell it. That is usually in the $30 range. That could be made back in a couple sales so it is not a set back.

Use To Increase Sales of Other Products

If you sell other products you can use free ebooks as incentives to buy your products. I am going to explain what I mean by that. Let's say that you are selling asphalt kits. To increase the sales of your asphalt kits you can create a free ebook on how to maximize the benefits of their asphalt kit or create an ebook on something that solves a related problem. By throwing in something like this for free you really increase your conversion rate. This type of marketing works on all levels. You especially see this on television infomercials.

These three methods are quite effective when it comes to making money with ebooks. In the long run the best way for most people would be to make their own ebook. In the short term it may be more helpful to start of buying the master resale rights to ebooks that are already established and resell it. If you have your own product you can make a related free problem solving guide with the order of that product giving the customer more incentive to buy.

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