Anyone who is interested in selling ebooks would like to know how much money they can make out of it. Well, like most business ventures, the answer to this will largely depend on many different factors. For example, the amount of effort you put into the promotion of your ebooks will have a direct effect on sales. Also, market interest in your ebook subject is another important factor. People who are good at identifying good ebook topics and promoting their ebooks usually stand to make a lot of money.
How Much Money Can You Make Exactly?
Some Ebook sellers lose money in the course of a year while some make hundreds of thousands of dollars. More realistically, however, is somewhere in between these two points. Many ebook authors make between $5,000 and $25,000 a year as a rough guide.
How to Maximize Ebook Sales
The best way to ensure high sales is to constantly promote your ebook. This may entail long working hours. Some of the best ways to promote your ebook include buying advertising from large advertising portals such as Google and Yahoo, using link exchanges, press releases, writing articles for websites and ezines, building an content rich website and writing great ebook sales pages.
Accomplishing all of this is no minor feat. You should expect to be in product development for several months and then the promotional stage may take another 4-12 months. It’s not necessarily an easy job but as stated above the payoff could be substantial. Another idea is to write several ebooks and then to sell this as an ebook package. You could also offer your package with resale rights. There are thousands of people looking to resell ebooks and you could profit from this demand.
Worst Case Scenario
Should you decide that that ebook entrepreneurship is not for you, you will still have written an ebook and be selling it online. That makes you an author and you should be proud of the achievement. Furthermore, your ebook may give you some extra cash on a monthly basis. If nothing else, it will be a good learning experience. You have nothing to lose, so why not give it a try?