Make money online & Earn 5000$ per month Publish A Kindle eBook
Publishing a Kindle eBook is another simple way of generating consistent passive income.
Did you know that Amazon.com is the biggest competitor to Google than any other search engine like Yahoo or Bing?
More shoppers try to search for a product on Amazon than on any traditional search engine.
When people want in-depth information on a specific topic, they don’t search for blog posts on Google but instead, try to find a highly recommended book on Amazon.
Your aim should be to leverage the power of Amazon.com’s growing outreach and popularity to generate a stable passive income source.
Suitable For
People who have in-depth knowledge of a certain topic or love to do research and explain it in an easily understood form.
Skills Required
Ability to provide detailed insights on a particular topic.
Ability to provide some extraordinary tips for solving people’s problems.
Time Required For Creating An eBook –
The time required completely depends on the creator of the eBook. What topics he/she wants to cover? How many details does the creator want to include?
These are the important factors that define the time required.
Tips& Tricks
- Research, research, and research. It is the key to a successful Kindle eBook product. Research about what people are looking for in the domain related to your eBook’s topic.
For example, if you are creating an eBook on ‘Yoga to lose weight’ look for how many people are looking for yoga exercises to lose weight on the internet and Amazon? What are their expectations from the book?
You can easily conduct this research by studying the comments, reviews, and popularity of the existing competitor’s books on Amazon.
Write for one reader. When you know your ideal reader, you know how much he/she already knows. You can avoid boring him/her with obvious information, and you can provide exactly the information he/she’s looking for.
Check out how many people are asking questions on the topic you have chosen, using websites such as Quora, Yahoo Answers, and WikiAnswers. More questions mean more people are looking for answers and that’s a good sign.
Look out for the market gaps in your selected domain. And see whether there’s a demand for some topic, see whether your eBook can cater to that demand.
Visit Amazon.com and see how many books are present in your selected domain. Are people buying those books? This will help you to understand the demand and purchasing ability of the market in your domain.
Find a few friendly readers who match your ideal reader profile and give them your first draft. Not only will they help make your book better, but it will also boost your confidence.
How To Monetize
Sign up to Kindle Direct Publishing Program, with this you award exclusive distribution rights for your Kindle eBook to Amazon.
This will allow you to sell your eBook in all the countries where Amazon.com is available giving it a massive exposure at launch.
Create a small niche site on the related topic and promote your eBook through it. The more eBooks you sell the more money you make.
How to Publish
Once you’ve decided where to sell your ebook, you’re not done making decisions. You must decide whether to create and upload your ebook all on your own, or to pay an epublishing service or distributor to do it for you. The top services include BookBaby, Smashwords, and IngramSpark. For fees of $149 or more, these services can format your book and upload it to multiple different ebook stores. You can pay more for value-added services, such as editing, cover design, and even print-on-demand paper books.
You can also hire editing and design professionals independently for these services.
What to Publish
What your ebook is about all depends on your goals. If your motive is purely profit, there are methods of figuring out which topics are most likely to sell books. An anonymous author, who claims to be making tens of thousands of dollars a month publishing short ebooks (about 20 pages), describes his process for choosing topics on The Hustle: “I find books that are selling well, check out their tables of contents, and look at the negative reviews to see what they missed.”
It may be disheartening for a hardworking writer to hear, but this successful entrepreneur says that sales are driven mainly by the cover image and the book description: “[T]he book’s content is the least important part of the process.”
If your motive is more to get a great idea or story out into the world, rather than just cranking out any title that will sell, you should still do your research before you sit down and start writing. If you have a blog, poll your readers on what topics they’d most like to see expanded upon in a book. If your book is in a genre or niche, such as a cookbook, study the top-selling, well-reviewed ebooks in that niche and try to figure out what you could add that hasn’t already been done well. Fiction authors can also benefit by looking at already published novels in their category, to figure out both how to avoid writing books that have been done to death — and to find out what types of novels are hot right now.
How to Make It Sell
Once upon a time, writers just turned in their manuscripts to publishers and left the advertising and promotion to the company. But even authors with book contracts nowadays find themselves doing their own advertising and promotion. Before you publish your book, consider the investment of hiring a publicist to let media know about your upcoming release. If you’re publicizing it yourself, write about your upcoming book on your blog, and ask other bloggers to write about it as well. You can also create a new blog just about the new book or about its topic, in order to drive traffic to your book.
Don’t forget good old-fashioned advertising. Mark Dawson, who says he makes six figures selling his novels on Kindle Direct, pays $370 a day to advertise it on Facebook, according to Forbes