Tuesday, 24 September 2013

How To Make Money With E-books

How to make money with e-book..see the full information below
1. Write a damn good book.This should be your main priority. It's also one of the hardest things to do, and the hardest things to judge for yourself if you've done it.
The problem is, most writers believe their books are good. Even at our most insecure, we believe complete strangers will enjoy our scribblings enough to pay for the privilege.
I recommend joining a writers group and getting feedback. Seek criticism, not praise. Praise is like candy; we love it, but it isn't good for us. If you want to bulletproof your manuscript, you want to find out what is wrong with it, and you need eyes other than your own to do that.
I don't recommend paying for a freelance editor--it's better you learn craft on your own. If you really feel you need an editor, get recommendations, references, and know exactly what you're paying for.
2. Price it right.I believe an ebook should be priced at $2.99, because the Kindle royalty rate is 70% for books priced between $2.99 and $9.99. Above or below that, it's 35%.
Three bucks is a more than fair price for a full length digital book. (Full length is over 50,000 words.) If it's under 50k words, go ahead and price it for less. Or put a few short pieces together to make a long piece.
Even with short pieces, make sure they are good enough. I'm selling quite a few short stories on Kindle, but they don't sell nearly as well as my novels. Also, the short stories I'm selling have all been published before in print magazines and anthologies, so I'm pretty sure they're good.
3. Format it correctly.If you know HTML and MS Word very well, you can probably do this yourself. But you'd get more professional results using someone who knows what they're doing. I recommend Rob Siders at www.52novels.com.
A poorly formatted ebook will get bad reviews, and ultimately it WILL NOT SELL.
4. People judge books by their covers.Make sure your cover is professional, not something you slapped together with an istockphoto image with some Arial text laid on top using Photoshop. My covers are done by Carl Graves. He's at cgdouble2(at) sbcglobal.net.
5. Write a great product description.If you want to know the format for this, read back jacket copy of books similar to yours. Your description should include:
Genre
Word count
Author bio
Reviews (if applicable)Check out http://www.amazon.com/Origin- ebook/dp/B00264FT0Yand follow that format for your descriptions.
6. Choose your platform.I upload to Kindle directly at http://dtp.amazon.com. For iPad, Sony, Kobo (Borders), and Barnes & Noble, I use www.smashwords.com.
Keep in mind that both Kindle and Smashwords require different formatting. Also remember that some vendors Smashwords uploads to tend to discount ebooks. If they discount your ebooks, Amazon will match the discounted price, and you will only get 70% royalty on the discounted price.
7. Publicize your ebook.You should be on Twitter and Facebook, and have a website. You could have a blog and a newsletter. I recommend announcing your ebook at www.kindleboards.comin the Book Bazaar section.
Hope this lists will be helpful enough for you to like it, share us and recommend us to friends. Do you have anything to say regarding the topic? then don’t forget to use the comment box below to drop your thoughts.
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