eBook Profits in 2013 have been a topic of debate recently with technology powerhouse companies like Apple, Google & Amazon. If these massive companies can see the potential profits with eBooks then you should be able to do the same thing. There are many avenues to enter into the eBook market by writing your own, reselling others’ eBooks, obtaining Master Resale Rights, Private Label Rights, selling eBooks and even more. The bottom line is that you can make a great deal of money if you know how to start selling eBooks.
eBook Profits Starter’s Guide
eBooks are a great way to add some extra income to your portfolio. eBook sales have been increasing over the past few years and the best part is that ANYONE can start selling eBooks. The profit margins are tremendous but you have to know how to target the correct people. Not everyone who looks at your eBooks are going to buy every time. You have to convey useful information that entices the buyer to go through with a purchase.
The first step is to find out how you’re going to obtain the product you plan on selling. There are a few options here that involve different expenses and time involved.
1. Writing your own eBook – This is a great way to start if you cannot afford to buy any products. This will require more time and effort before you can begin the selling phase so you will not have an income right away. Here is a guide that can help you in writing and Publishing An eBook.
2. Master Resell Rights (MRR) - With this option you can start selling eBooks immediately after you purchase your inventory, unless you know someone who is willing to give you some eBooks to start. Master Resell Rights eBooks are defined as after downloading that specific eBook, you have 100% complete ownership over reselling the eBook for any price you choose. You receive all profits from any sale you make with an MRR eBook.
3. Affiliate Selling - This is a bit different from the previous 2 options because here you do not have any ownership of the actual eBook that you’re selling. Using affiliate marketing you will not have to spend money for your starting products because they are given to you to sell. You will receive a certain percentage based on the sale. For example, if you’re selling eBooks for $20 per, you can receive any percentage of that. I would recommend only selling products that offer at least a 75% commission rate for your efforts. A great resource that can help guide you into finding the perfect products to sell can be found at Legit Online Jobs.
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