Sell an Ebook and earn money online
Click on each book that appears on the first page, scroll down to product information, and note down the Amazon Best Seller Rank (ABSR).
To find out the number of copies each book sells every day, type the Amazon Best Seller Rank of each of these books into an Amazon Sales Rank Calculator. To find out what proportion of money every author makes monthly, multiply this quantity by the selling price of the book and so multiply it by thirty.
You can now calculate the average amount of money writers in this niche make each month by using this information. You can move on to the third question if the average monthly revenue looks fine.
How tough is the contest for this concept?
In a lucrative niche, you might have a successful eBook concept, but still, struggle to make money because the niche or subject is too competitive.
Go to the Amazon Kindle Store to assess the extent of competition for your book conception and appearance for a keyword that matches your book best. The results page can show you the quantity of keyword-related books.
For example, if you want to publish a book on Freelance writing, typing the Amazon Kindle Store phrase will show you how many books on Amazon are related to freelance writing.
The greater the number, the more rivalry you are up against.
Find the average Amazon Best Seller Rank number of your keyword-related top three books next. The greater the ABSR number, the tougher the rivalry you are up against.
Finally, once you explore for keywords relevant to your subject, you’ll be able to conjointly check the standard of the books showing on the primary page. How do reviews exist? What are the cover designs like? How nice are the explanations of the books? On the first page, the higher the quality of the books, the harder the competition you are up against.
You can go ahead and write the book if you decide that there is a pre-existing demand for your book, that people are buying similar books, and that the competition is not too difficult.
Your eBook Pricing
It’ll even have a sway on your sales and earnings and the way you sell your eBook. Ideally, to drive further sales, you can price your eBook low enough, but high enough for you to make a profit.
You will need to think about the royalty schemes for the sites where you are going to publish the eBook while pricing your eBook.
You should preferably strive for a price between $2.99 and $9.99. This is the price that draws most eBook stores’ highest royalties. For your readers, this price is very fair as well.
Best eBook Platforms to Sell Your
The next step is to search out the sites wherever you’ll sell your eBook, once your eBook is prepared. Here are some of the best platforms you can consider for eBooks:
Amazon Kindle Shop: The biggest and most famous shop for eBooks. Publishing on the Amazon Kindle Store provides millions of Amazon customers with access. For any eBook sold on the website, Amazon charges between 30% and 65 percent.
Payhip.com: This is a nice eBook platform that enables you to create advertising campaigns and even set up affiliate programs for your eBooks. On any transaction, Payhip charges a 5 percent fee.
Selz.com: For authors, this is a full e-commerce solution. For each transaction, Selz.com charges a 2 percent commission, plus a small processing fee.
Blurb.com: Blurb is a cool eBook platform that manages everything from development to promotion and sale of your eBook. Blurb also helps you to sell on other sites your eBooks as well.
E-junkie: E-junkie, like eBooks, is a complete marketplace for all sorts of digital downloads. Instead of getting a commission on purchases, E-junkie charges a monthly subscription fee to host your eBooks
