Website marketing strategy: building an ebook empire
Website marketing strategy: building an ebook empire
Looking for a way to quickly build an online business?
Consider an eBook empire. EBooks can bring you long-term residual income, but the initial benefits are perhaps even more attractive:
1. There's no inventory to stock & low, if no, overhead, the supply of eBooks is almost endless, and your "store" is open 24/7.
2. The profits are bigger. While a tangible book in your local bookstore might sell for $14.95, an eBook on the same subject could sell at anywhere from $27 or more
online as a digital download.
3. You can write your own eBook without being a professional author, because the literary standard for online eBooks are more relaxed than for tangible books from professional authors and publishers. Or you can outsource the writing to a freelance writer for pennies on the dollar compared to what you'd pay a ghostwriter for a tangible book. In fact, many ebook authors start out as ghostwriters for other top Internet marketers on a freelance basis. When they discover how profitable their ebooks actually are, many actually decide to learn the entire process of launching their own ebooks themselves.
So what's involved in establishing your eBook empire?
Your eBook development step-by-step process includes:
1. Finding your niche.
2. Begin with one ebook and then branch out - make yourself the expert on your market's needs. Start out with an eBook on one element of your market. Instead of writing a full manual on wedding planning, write an eBook on finding the perfect wedding gown, for example. After that, write an eBook on another element, and then another. This gives your market a selection of books to buy. While your customers build their own libraries, you'll build your profits.
3. Writing your eBooks or hiring freelancers to write them;
4. Building a team of virtual salespeople out there pulling in profits for you while you continue adding building blocks to your empire with follow-up product ideas.
There is a wide variety of free and low-cost tools to launch your first and subsequent ebooks online. You don't need a lot of money up front, but you do need to allocate some time and dedication to ensure it's properly launched in a way that bolsters your reputation in the community.
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