Do you know?
Book readers have started to change their reading habits, opting for different types of formats of books, such as e-books. An e-book, also known as an electronic or digital book, is a digitally released version of a book, often consisting of text and images and available on electronic devices, such as specifically designed e-book readers.
Here’s some stats:
- 20 percent of book readers in the U.S. stated they read more e-books than hard copy books.
- 23 percent read about the same number of hard copy books and e-books.
- In 2018, about 26 percent of American book consumers stated they had read an e-book in the last one year.
- Trade Revenue of E-Books in the U.S. alone was $1.02 Billion USD from 2017-2018.
Ebooks are amazing, anybody can have one made professionally and sell it! Rightly executed, you can create it as a passive income strategy for yourself. Leave the hassle of creating one to me. As a blogger and someone with intense passion for writing, I can help you design a professional e-book that can be used as a powerful tool to create opt-ins on your site OR enable you to generate passive income by writing the content for you; and giving you authority to use it for commercial purposes. A one time investment with an opportunity to sell it as many times as you want. It’s important to understand that the sales are passive, meaning you do not have to keep investing your efforts to sell. Thus the resulting income would be passive income.
Topics I write on: Entrepreneurship/Startups, Lifestyle, Fitness & Tech. If you have some other niche in mind, drop me a line and I’ll see if I can consider the same for you.
Tips to increase the Passive Income from an eBook
- Start with one book, but then keep adding to your list. The more eBooks you have the more streams of passive income.
- When you do stumble upon a winner, create a series of ebooks on the same theme exploring different aspects, that way you can piggyback on the success of your previous eBook.
- Passive income is the money you get from something that you invest once (book, music, etc)
Marketing
- The marketing of the book needs to addressed from start to finish. From the idea until the conclusion and everything in between.
- Idea: Something you want to establish yourself as an authority or something you are already known for. If you already have a fan base, give them something to buy!
- Support from friends and family: This is your first line of social proof. They will help you with giving you time, support and encouragement while you create your eBook. They will also (hopefully) buy your book and give you reasonable ratings! They are your first line of social proof.
- Your platform: Having a platform will help you launch you more easily, grow it over time. A platform means a medium where you can connect to many individuals. This can be your own site, Facebook, Twitter or Instagram, a mailing list or a telegram channel. These are your seeds your test market from which to launch your eBook. Given them free copies of your books and ask them to submit their honest review on GoodReads.com and Amazon. This is your second line of social proof.
- Promotions: Facebook Ads, Google Adsense, in niche forums and blogs. In short, there are many tools to promote your e-book.
Why wait?
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If you would like to set up your own ebook, kindly get in touch with me and share your exact requirements.
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