Writing and selling an eBook online can become the equivalent of having a vending machine in cyberspace. This will only happen if you follow the necessary steps and systemize the process. Here are some things to think about as you build an online business that will pay off for years to come.
- Do your research first. Find out what information people want and are willing to pay for. Remember that people will pay for what they WANT, not what you think they NEED. You can change this need to a want while you are writing, so that your eBook appeals to a mass audience on the internet.
- Systemize the entire process so that very little human interaction is necessary. Set it up so that people pay online and then receive the eBook as a digital download. Write your eBook using Microsoft Word and then convert it to a PDF (portable document format) using Adobe Acrobat. This will cut down on customer service requests on how to open the file to access your eBook.
- Selling an eBook will bring you ten to twenty times as much profit as a book that is published traditionally will bring you. There are several reasons why this is the case, but suffice it to say that it is true.
- Always be thinking of the next product you can create to sell to the people who have already purchased from you. They are the ones who are most likely to buy your products and services in the future.
Keep these ideas in mind and you will have passive income for the rest of your life.