Turn spare minutes into profits, with 8-Hour Wins. Publishing ebooks is hot, but don’t stop there.
Years ago, before everyone and his Chihuahua, Siamese cat and Sable ferret had a blog, I’d get an idea and would create a new blog. Circa 2004, that was a great strategy. There was gold in Google AdSense. A decade later, not so much.
Look on the bright side however – today you can use the same process in publishing ebooks. It works. It’s a simple strategy, and it’s a strategy that you can execute in your spare time.
Important: from what I’m hearing, from fellow writers, from my students, and on forums, publishing ebooks is a great little business – if you focus on building up your Amazon catalogue. Some of your ebooks might sell one copy in a blue moon, but if you keep publishing you may get lucky with one ebook which sells hundreds of copies a day.
Let’s look at some tips which will help you to strike gold from ebooks and other information products.
1. Go Beyond Amazon: There’s Cash Beyond KDP
If you’ve got a good little Kindle ebook you’re selling for $2.99, why not expand on it, and turn it into an info product which sells for $29, or even $329? Turn your basic information into a set of video tutorials, a membership site, or an online class.
2. Keep Your Eyes Open: if You Can Jump on a Hot Trend, You’re Golden
Watch the news. What’s making news at the moment? Watch for news in your areas of expertise, and see what ideas they spark.
Tip: consider ebook sponsorships. And SHUSH! Other writers don’t seem to be aware of this strategy yet. It’s a good one. Consider that in 2014 and beyond, content marketing is a hot strategy for large companies, and tiny ones too.
A writer friend jumped on this idea when Faye Weldon got a sponsorship from Bulgari way back in 2001. You can use this strategy too. Let’s say you’re writing a chick lit novel. You can hit companies up for sponsorship. Who knows, they might pay you for a mention, even give you a little free advertising.
3. What Works for You? Share It
You solve problems all day long. We all do. Problems are everywhere. Solutions are golden. Unfortunately, we’re blind to opportunities – we don’t see that what we do is noteworthy, or book-worthy.
Think: problem/ solution as you go through your day. Be alert for others who’ve solved problems too. If they’re willing to share, you can write up their solution in an ebook, or a tutorial, and sell it.
4. Test the Market With Simple Products
As you can see, in 8-Hour Wins: Create and Sell Products in Just 8 Hours, you can write and sell short ebooks very quickly. Once an ebook hits, and is selling copies, read the reviews carefully. Who’s buying your ebook? Why? What else could you create to which this market might respond?
Use your short ebooks (fiction and nonfiction) to test markets. We’re in the very early days of the publishing revolution. Writers and authors are staking their territory; consider ways that you can do this too.
Some writers are collaborating, and forming virtual publishing companies. This has benefits for all members; your catalogue is bigger, giving you more “shelf space” on Amazon. Everyone benefits.
Think BIG. Testing the market is a way of doing that. Many writers write an ebook, and whether it does well, or badly, they become fixated on it. MOVE ON. You should be publishing an ebook, while editing one, and drafting a third. Move! You’re standing in the middle of a field planted with gold. Grab a shovel, and start digging. 🙂
Free report: “Ebooks are Hot, and You Can Write Them”
If you’re a new writer, download our free report: “Ebooks are Hot, and You Can Write Them”.
You’ll discover hot ideas for ebooks in 2015, and how to write what sells.
8-Hour Wins: Create and Sell Products in Just 8 Hours
A simple strategy, that works. What if you could create AND sell a product in just eight hours? The product could be anything: a Kindle ebook, a collection of articles, a short story… a new writing service for your clients. This program will show you how to think outside the box, get creative… Write, and SELL what you create.