If you are wondering how to earn money from an eBook, no need to wonder more. In this article, you will learn how to write an eBook to earn money.
In this constantly changing world, where people look for alternatives for everything, the concept of hard copy books is also changing. People prefer to read books using their smartphones or laptops.
There are thousands of online opportunities through which you can generate passive income. Earning from an eBook is one of the best ways to generate passive income.
Curious about what is an eBook and who does it work? Keep reading this article and explore how to earn money from writing eBooks.
What is an eBook?
An eBook is an electronic book that allows you to read on any electronic device such as Amazon Kindle, computer, laptop, or cellphone. This transformation is because these days people prefer to do everything virtually.
There are lots of people who are interested in writing books or writing books, but they don’t how to make money from it or where to get them published. Well, there are dozens of online platforms where you can publish eBooks to earn money.
One of the best things about eBooks besides making money is that it is not editable. Thousands of people access eBooks, and they might want to change your content. Luckily, your original content cannot be edited or changed by any other person.
Here are the reasons why you need to publish an eBook:
- You can earn money from eBook
Yes! You heard that right. You can write an eBook to earn money. Writers make more money from an eBook than from printed books. You can get more profit per book because there is no printing, marketing, and shipping cost. Usually, authors get 10% on their sold books when they sell in a printed form. Whereas, with an eBook, you will get 80 to 90 %of the eBook price.
- Readers can buy your eBook immediately
One of the greatest perks of selling an eBook is that readers don’t have to wait until your book gets to a store or is delivered. This means that people can access your eBook without any barrier and you sell more eBooks in less time.
- You can sell your eBook anywhere to anyone
You want to earn money from an eBook right? The good news is you can sell it anywhere to anyone. Thanks to the online platforms on the internet for making our lives better. Now you can sell your eBooks online and make some money.
what are the best platforms to earn money from an eBook?
Are you an expert in something and you got lots of stuff to share? Or you are a good storyteller? Either way, you can earn money from an eBook. All you need to do is write an eBook to earn money.
EBooks are a great way to generate passive income. These days, people love to read eBooks instead of hard copy books. Writing and creating an eBook is for sure very difficult. So why are you wasting your time and energy by giving away your books free of cost? It’s time to give yourself a treat for creating an eBook.
Confused about where to sell your eBooks? Don’t worry; in this article, you will learn where to sell your eBooks to earn money. Here are the best sites through which you can earn money from writing eBooks:
1. Payhip.com
Payhip is the top-recommended site for selling your eBooks to earn money. The majority of eBook writers prefer Payhip for selling eBooks. This amazing platform has a lot of eBook marketing features such as analytics, discount codes, marketing, and customer management.
With Payhip, you can create affiliates and encourage bloggers to promote and sell your eBook; in return, they will get a nice commission.
The payment method is very convenient. You can get your money through PayPal or Stripe. Want to know what you can sell with Payhip? Here is the list:
- eBooks
- music
- digital art
- coaching
- online courses
- physical products
As you can see you can sell more things than just your eBook. It's brand new features let us to sell online courses which is a great way to generate passive income.
When you sell your eBooks to earn money on Payhip you will be charged. Generally, there are three plans to choose from if you want to sell your eBook on Payhip:
- Free Forever Plan: if you choose this plan, you will have to pay a 5% transaction fee and Stripes or PayPal transaction fee.
- Plus Plan: by choosing a plus plan, you will have to pay $29 every month, a 2% transaction fee plus Stripes or PayPal transaction fee.
- Pro Plan: with Pro Plan, you will be charged $99 per month, plus regular Stripes or PayPal transaction fee and no transaction fee.
Try Payhip now and earn money from writing eBooks. Plus point of using Payhip is that it is user-friendly. However, it lacks some advanced options but still, you can make good money with it.
2. Sellfy
Sellfy is the second-best platform to earn money from an eBook. This is one of the best and easy-to-use e-commerce platforms, not just for eBook authors, but also for content creators who are looking to sell their work to earn money.
Using Sellfy, you can sell more products than eBooks. You can sell any kind of digital product like courses, software, descriptions, etc. its unique features make this platform ideal for content creators.
Here is how you can sell your eBooks on Sellfy:
- Prepare your eBook for selling
- Complete your eBook and proofread it
- Format your eBook into a PDF or an eBook format
- Create your Sellfy account and upload your eBook
- Choose a subscription plan
- Monetize your eBook with the right pricing
- Embed the eBook
- Drive sales with marketing tools
Basically, Sellfy offers four plans
- Free Plan: with a free plan, you can host up to 10 eBooks. However, you cannot sell digital downloads with this plan.
- Starter Plan: With a starter plan, you can host and sell unlimited digital products, and subscription products. This plan is best for entrepreneurs and bloggers. You have to pay $29 per month.
- Business Plan: This plan includes all the perks of the starter plan and the removal of Sellfy branding. You will have to pay between $59 to $79 per month.
With Sellfy, you can set your products on your website or you can create a digital store for your eBooks.
3. Amazon
Every one of us has already heard about Amazon. Surely, it is the most popular and largest online platform for selling eBooks. You can earn money from eBooks, hardcovers, or paperbacks on Amazon. If you are a good author and want to earn from that, you don’t need to look further, Amazon is all that you need.
Selling your eBooks online can be a great stream of income or you can start a profitable business being an author. Selling your eBooks to earn money on Amazon is a great place to start.
Are ready to sell your eBook online and reach a large audience? Self-publishing your eBook with Kindle Direct Publish (KDP) is all that you need.
With the help of KDP set your own prices, make changes to your eBook anytime, and earn a royalty on each sale.
Amazon KDP made it easy for you to upload, modify and enter your book before publishing it.
Follow these steps to earn money from eBook on Amazon:
- Create a PublishDrive account
- Enter your book details
- preview your book
- Set right and your book prices
- Set up distribution options
- Wait for the approval
- Promote your eBook and trace performance
With the help of these easy steps, you can easily make money with your eBook. you can even create a print version of your eBook with a feature called Createspace. You will get to keep 70% of the total sale price on every eBook.
4. Podia
Podia is two in one marketing and sales platform that makes it easy for writers to earn money from an eBook. With the help of this platform, you can easily sell your ebooks and other digital products.
This platform is best for writers who are interested in earning money from an eBook. You can create your own Podia store and you get the freedom to sell the products you like. You can sell a wide range of downloadable products such as eBooks, templates, audios, presets, and more.
In order to sell your eBook to earn money, consider the following important things:
- Choose the best topic for your eBook
- Find the right template
- Proofread and format your eBook
- Price your book in a right way
The Podia prices start from $33 per month and it offers 14 days free trial. You can choose between free plans and a Mover plan.
- Here are some tips to market your eBook on podia:
- Collaborate with an influencer to promote your eBook
- Ask people for reviews for your eBook
- Repurpose eBook content
- Hunt clients from various social media platforms
- Promote your eBook through email marketing
5. Google play
Google Play is Google’s digital distribution platform. Android users use Google Play to download apps, games, and yes books too. This makes it another perfect platform to earn money from an eBook.
Google doesn’t require you to grant them exclusive rights. Therefore, you can list your eBooks on the Google Playstore.
As you already know that Google is the world’s largest search engine, which makes it sense to sell eBooks on it.
One of the best things about Google Play is that you can publish your eBook for free and secondly, Google will help you boost your brand. With Google, you can sit at home, write your eBook and make money.
Generally, Google provides two ways to access books, Google Books and Google Play. Both platforms are useful for readers as well as writers. But we suggest you sell your book via Google Play.
Google Play helps you to self-publish your eBook with a parent company i.e. Google LLC. Through this, your books will get in front of more readers and you can get a promotion as an author.
Here are the steps to publish your eBook on Google Play:
- Create your account on Google Play Books Partner Center.
- Fill in your eBook information
- Select book genre
- Add your name as an author and the names of co-authors ( if any)
- Set preferences and format for your eBook
- Upload you content
- Set the price
- Congratulation, you are all set to publish your eBook on Google Play
- Hit publish and your book is published
Once you complete the above-mentioned steps, Google is responsible for making it visible to readers. Soon you will be able to make money from your eBook.
FAQs
Can you make money from an eBook?
Of course, you can. If you are a good author and you have written dozens of books, don’t waste them. Convert them into eBooks and sell them online. You can make good money with it. It is the best way to generate passive income.
What types of eBooks sell best?
There is a great market for fiction books. Here is the list of eBooks that sell best:
- Literature and fiction
- Mystery and thriller
- Romance
- Young adult
- Biography
- Self-help
Can I sell an eBook on Google Play?
Yes, you can. You can list your eBooks on the Google Playstore.
As you already know that Google is the world’s largest search engine, which makes it sense to sell eBooks on it.
The bottom line
Do you love writing books or you are a good author or have you ever wondered which platform is best to publish your eBook? well, there are dozens of platforms that will help you to earn money from your eBook. Thanks to the internet for making it easy to publish our books without leaving the couch. These days people prefer to read books online instead of buying hard copies. So it is such a great opportunity to make money from eBooks.
Also Read: How to Earn Money from Teaching Languages? 3 Best Online Platforms to Teach Languages
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