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How To Write An E-Book And Make Money In 2020

how to write an ebook and make money

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Introduction.

At one point in our lives, we all want to attain a milestone, and this can be tied around a major achievement such as getting a college degree, starting a business, obtaining promotion at our various workplace or even writing a book.

The last part is where I will dwell much more in this article.

One way by which great men leave memories and footprints in the sands of time is by writing a book.

Most of us did not have the opportunity to meet great men like Abraham Lincon(USA), Manhattan Gandhi(India), Albeit Einstein (USA)and Ojukwu(Nigeria), but their ideology is still passed on to us via books, we read books written by this great men and most of their ideology is still fresh and can be applied to the present day.

Thanks to the internet, publishing a book or several books is not a button away from your computer, You do not have to own or have to pay a printing press to get your ideology across to the entire world because all have been modernized through the internet, even most books that are quite old have undergone various republishing throughout the years and even become converted into E-Books.

I could remember well when I read a very nice book titled ” Think and Grow Rich” by Napoleon Rich, I really enjoyed the book but could not lay my hands on a copy again.

All I did was to go online and download the E-book version of this same book and I must tell you that this book is still much safe on my computer.

What Are E-Books ?.

An electronic book, also known as an e-book or eBook, is a book publication made available in digital form, consisting of text, images, or both, readable on the flat-panel display of computers or other electronic devices.

Some e-books exist without a printed equivalent. E-books can be read on dedicated e-reader devices, but also on any computer device that features a controllable viewing screen, including desktop computers, laptops, tablets and smartphones.

Why You Should Publish An E-Book.

Are you coming from a traditional book publishing background and you are new to the whole concept around E-books ?, Here are some very few reasons why I think you should publish an E-book.

1. Passive Income.

Thinking about building everlasting passive income then you should publish an E-book as soon as possible.

You can make sales throughout the end of time provided you have a very huge sales funnel.

2. You make a bigger profit from E-books.

In traditional publishing, your books have to go through a whole lot of process which might eventually reduce your profit.

You have to pay a certain dividend to the editor or even the publishing company, and this can make all your hard work and profit decline.

All these can be skipped by just publishing an E-book.

3. They are cheaper to Produce.

All you just need to produce an E-book is a computer and a text editor of your choice, You don’t have to go through any printing press whatsoever.

you can publish your first Ebook right from your room.

4. Ebooks can be used to grow your business more so than physical books

One other factor that can add to the juice and success of your any type of business is E-book publishing.

If you have a whole huge audience, then you can communicate with them through the aid of E-books.

How To Start Writing Your First E-Book.

E-Book publishing is not as easy as you think, there are so many steps involved and that why i am going to walk you through them today.

1. Choose an Idea.

An Idea can be anything from a specific niche or your area of expertise, You don’t want to publish on a topic that you are not really good at or else there will be a lot of backlashes and you will get a very bad review which can further limit your sales.

2. Come up with a good title.

Another thing that would attract people to read or even want to publish your E-Book is having a good title.

This can be anything that is easily relatable to the layman’s eyes of wisdom.

3. Design an Awesome book Cover.

No matter how awesome your ideology might be, it will not gain a lot of attention an attraction or else you design an awesome back cover alongside it.

You can subscribe to the services of a graphics designer or even look up anyone online to help you with nice templates.

4. Publish your E-Books To E-Books store.

After writing your E-Book, the next thing to do is to get your E-book to across various online E-book platform.

E-book stores are simply websites that allow people to publish their E-books for the sole aim of visibility and making money.

There are various E-book store but I will try to mention very few of them.

5. Use Your website.

Publishing your book to online E-book store is very good but the downside is that you get to appear alongside selling books and you stand higher chances not to make very good sales, this is why i recommend you leverage on your website or blog to sell your e-Books.

In the coming section, I would explain how you can leverage your website to start selling any E-book.

Online E-Book Publishing Platforms.

Most people are more comfortable and customed to selling with the aid of an E-book store so i decided to do this section separately.

Here are some very few famous E-Book selling platform you should know.

1. Amazon Kindle Store.

Amazon Kindle Store. The Amazon Kindle Store lists over one million digital titles.

It supports Portable Document Format (PDF), Amazon’s Kindle Format (AZW), and Mobipocket (MOBI).

To publish books in the Kindle Store, access the Kindle Direct Publishing site.

Royalty rates are 70 per cent for titles priced between $2.99 and $9.99 that are at least 20 per cent lower than the lowest list price for the title’s print version.

For other prices, the royalty rate is 35 per cent. Affiliates earn up to 15 per cent commissions.

2. Apple Ibookstore.

The Apple iBookstore lists over 700,000 titles. It supports all formats.

To publish in the iBookstore, access the requirements and application.

The royalty rate is 70 per cent. Apple does not pay publishers until they meet payment requirements and earning thresholds, which vary by territory.

Small publishers may get paid faster using an ebook aggregator.

3. Kobo.

Kobo lists over 2.3 million titles and focuses on mobile devices including cell phones.

It supports the ePub format. To publish on Kobo, authors and small publishers must use Smashwords or eBookIt.

In addition to royalty rates, Kobo charges a conversion fee that starts at $29.

4. Google E-Book Store.

Google eBookstore lists over 3 million titles. It has an affiliate program based on Google Affiliate Network (GAN) and Google AdSense.

Authors and small publishers can submit their books by joining the Google Books Partner Program.

Google will upload a PDF and add books to search results for free.

5. Okada Books.

This is a native platform designed here in Nigeria. All you need to do it to sign up and publish your books, you get paid royalty on every sale.

E-Book Publishing Tools You Need To Know.

Before ever thinking about rolling out your first E-book, you need to be equipped with the right tools to work.

Also, you need to know that there are two major formats and they are.

1 PDF Format.

The most common ebook format is PDF. Go to any website offering a free ebook, and you’d usually get the freebie in PDF form. Most computers and even mobile devices can open PDF files with a pre-installed PDF reader, so it’s the most user-friendly format you can have for an e-book.

2. Mobi.

Originally used by the Mobipocket e-reader, the .mobi format is now used by more popular e-book readers, including Amazon Kindle and the Kindle apps for iOs and Android devices. This format is visually appealing, as it gives readers similar behaviours to physical books, such as swiping to turn a page and earmarking a page.

Here are some amazing E-book publishing tools that you need to know.

1. Google Docs.

Google Docs is a word processor included as part of a free, web-based software office suite offered by Google within its Google Drive service. This service also includes Google Sheets and Google Slides, a spreadsheet and presentation program respectively.

A simple way of writing and converting content into PDF online for free is by using Google Docs. Type in your content and have all the Google Fonts available for you to choose from all inside the Google Docs window.

It syncs with your Google Drive account, so you can work on it from any device as long as you’re online.

2. Microsoft Word.

Microsoft Word, also referred to as simply Word, is a word processor developed by Microsoft.

Anyone with a PC will be familiar with MS Word, so creating an e-book using this software is great for those who don’t want to learn another software.

If you have the Microsoft Word 2016, you can convert your DOC file to PDF within MS Word

3. Adobe InDesign.

InDesign is a more advanced method of creating an e-book and it’s mostly if you want the graphics and all style elements in your e-book to look polished and professional.

To download and use InDesign, you need to subscribe to Adobe’s Creative Cloud plans. Single software subscription for InDesign starts at $19.99/month, paid annually or $29.99/month, paid monthly.

4. Beacon.

Beacon is a plugin for WordPress that turns your blog posts into e-books.

You can choose which articles to include or filter them by category.
The plugin converts blog posts into HTML5 or PDF format. Layout features are also included and you can design the ebook cover from within the Beacon dashboard.

This plugin is free to use and requires a free account at beacon.by.

5. Kindle Gen.

Kindle Gen is a command-line app for converting HTML or any other e-book source into the Kindle e-book format (for selling on Amazon).

If you’re familiar with using the command window, then this tool is not that difficult.

In addition, there is a ReadMe file that comes with complete instructions for converting files into KPF (Kindle Package Format).

How To Promote Your E-Books.

Now that you have taken time to write you first or maybe even second E-book, the next thing to bear in mind is how to start promoting your E-Books so that you can make money off it, and if you decide to just share it, you still need a proper distribution channel.

1. Website/blog.

A website can do a lot to help you promote your book most especially it getting tons of targetted traffic

Here is an article I recommend you read to help you get started with owning and scaling your website or blog.

Just before diving deep into the basics and hardcore part of owning a website or running a blog, allow me to assume that you at least have a basic knowledge of how a full website or a blog should run, so therefore it’s time to stop talking and start doing.

I decided to drop a dedicated article on how you can own an awesome domain name and a cheap web host with BlueHost and I recommend that you study and do what is advised in the article below.
Afterwards, you may return to fully digest the part you really need to get started and stay on top of your game.

Here is a link to the recommended article.

2. Social Media.

Another avenue to promote your book most especially when you have a huge following, and if you don’t have social media influence then you can try out targeted paid ads to reach your desired audience.

Nevertheless, I recommend you read this article to help you get started with social media platforms such as Facebook and Instagram

3. Email Marketing.

Email marketing is another avenue that can help you bring in a very huge profit from sales of E-Books.

All you need to do is to understand how email marketing works and how you can set up a sales funnel for your business.

If you are a beginner i highly recommend you read this article.

Just before going to consume the above-recommended content on email marketing I usually like to ease the stress of my reader to allow them to benefit as quickly as possible, and one way that I usually make this happen is by introducing the best way of doing things to them.

It is my personal custom and tradition to always conduct a full forensic investigation on any online program and give my users feedback, this is more reason why I am recommending GeResponse as your official email marketing software.

Personally I have used GetResponse and I must tell you that it is indeed an amazing company that is constantly innovating and building great products.

I highly recommend that you read this article below to learn more about how you can also benefit from this amazing product and scale your email marketing campaigns to success.

4. Word Of Mouth.

If you are student college or maybe you are very social this method will work for well, If you have very convincing physical sales skills then you are good to go on this method.

People you can recommend you E-Books too are friends, family, colleagues and associate.

Recommendation.

There are so many ways to promote your books as mentioned above and the very popular one that was cited was uploading your books to any popular E-Book platform such as Amazon Kindle and So on.

In my own experience, this is a very good idea but one drawback about this is that you get to compete with a lot of very high profile author on such a platform so what I recommend you do is to create your own platform which can be a blog, build influence on social media and build your own email marketing list.

The main idea behind this is to nurture your own audience so that they will not reject anything you bring to the table.

This can take time but take it as a long term solution.

Here is an article I recommend you read again to help you get started to creating your own blog.

you can read any of this two to learn about Email marketing.

And lastly, follow the link below to learn about social media.

Final words.

Dear reader, I want you to know that we are predestined to meet in this world but maybe not physically, I am so glad that we could meet on this platform today.

I want you to know that I value relationship and friendship and I want to get to know you more, connect and express feelings towards each other.

That is why I am appealing that you drop your email in the email subscription box below, you never can tell we might have solutions to the problem of each other and even help ourselves from there.

You never can tell, great relationships start from somewhere, don’t forget to drop your email.

You can as well connect with me on social media platforms like
Twitter.com/_udemezue

What do you think?

Written by Udemezue John

Web developer| Digital Marketer| Entrepreneur.

I love sharing great things

You can connect with me on twitter @_udemezue

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