An Ebook, or electronic book, is also a fantastic way to organize information and distribute it to people. Usually Ebooks come in an EXE or PDF format and can be easily viewed on most computers. Ebooks are becoming even more popular today, especially with Amazon.com’s new Ebook reading device, “The Kindle,” out on the market.
Pros:
If you write and sell it yourself, there is no printing press to pay (it’s electronic, no paper!), no publishers and no retailers to take a chunk of the profit. Practically 100% of each sale is all yours.
There’s little or no upkeep once it’s finished.
It can earn you money for a time.
It’s easy to set up an affiliate program to have other websites sell your book for you too.
Cons:
An Ebook can take a lot of time to write.
It’s difficult to sell an Ebook from scratch. In other words, if you don’t have an established audience already (i.e. from a blog or membership website), finding people to purchase your book can be a challenge.
Once the Ebook is published and is sold, the information inside cannot be updated if, for example, something you wrote has become outdated. This is why you’ll see different editions or versions of books come out sometimes.
How Money is Made:
Visitors click on a “Buy Now” button on your website, which takes them to a form to fill out with their billing information. After processing, money is put into your account.
Clickbank.com and E-Junkie.com are the top two methods of selling electronic files online. I prefer E-Junkie, because they will also deliver the product for you, and they don’t take any money from your sales. Clickbank, however, has a better affiliate program, which is also important.
If you start an affiliate program, you can find affiliates who will sell your Ebook for you off of their website. You pay your affiliates a small “finder’s fee” for bringing in the sale.
Through an ebook distributing website such as Amazon or Ebooks.com.
Helpful Links:
How to Create Ebooks That Sell at Copyblogger.com
11 Tried and Tested Strategies To Market Your Ebook at BloggingBits.com
How to Create and Publish Your Own Ebook with a $0 Budget at SkellieWag.org
