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<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
JAMES L. RYAN
TABLE OF CONTENT<br />
1<br />
The<br />
3<br />
<strong>eBooks</strong><br />
5<br />
Proven<br />
7<br />
Follow<br />
10<br />
12<br />
14<br />
15<br />
Power Behind <strong>eBooks</strong><br />
as Part of Your Internet<br />
Marketing<br />
Secrets of Writing & Publishing<br />
These Simple Steps<br />
7-Steps to Creating an eBook<br />
How To Use <strong>eBooks</strong> And eBay To Build<br />
Your Mailing List<br />
Marketing Strategies<br />
How to Price Your eBook
<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
The Power Behind <strong>eBooks</strong><br />
Have you ever wondered what all the hype is about <strong>eBooks</strong>? Why are they so popular?<br />
Would you be able to write your own eBook? These are just a few of the questions we will<br />
answer in today’s article.<br />
<strong>eBooks</strong> are found almost everywhere on the internet. There are even libraries where you<br />
can download free <strong>eBooks</strong> onto your computer. Many of these <strong>eBooks</strong> are free because<br />
they are in the public domain, but there are some that have been written specically to<br />
boost advertising.<br />
We are now living in the “in<strong>for</strong>mation age” where people want to get valuable input quickly<br />
and easily. This is where <strong>eBooks</strong> lead the way in a world where in<strong>for</strong>mation is so often<br />
sought after. The contribution of <strong>eBooks</strong> to the internet marketplace is one of the<br />
<strong>for</strong>erunning advertisement methods in use today.<br />
How is it used to promote your business?<br />
By oering <strong>eBooks</strong> to those people who visit your site, you are allowing your visitors to<br />
know a bit more about the product/service you are promoting. By writing on a topic that<br />
you are familiar with you set yourself up as an expert in your particular field.<br />
By using a <strong>for</strong>m to capture your visitor’s names and email addresses you are also building<br />
up your very own opt-in mailing list. Is it any wonder that so many people are using this as<br />
a viral marketing tool?<br />
Perhaps you are wondering how you too can get on the bandwagon of writing <strong>eBooks</strong> to<br />
help boost the traffic to your website or organization.<br />
Obviously, rst you must write the eBook. What should you write your eBook on? Your<br />
eBook should be based on in<strong>for</strong>mation that you are already familiar with. Do you have a<br />
particular niche that you would like to promote? Then write according to your expertise.<br />
For example, if you are a dog lover, you could write a book about taking proper care of<br />
canines, or write about a particular type of dog that you are familiar with. It is more<br />
advantageous to write about something concerning your particular market but writing<br />
about a complimentary market could also bring you leads that you can use to boost your<br />
business.<br />
The important point is to get your name out in the public eye of the internet community so<br />
that they will look to you <strong>for</strong> the expert advice that you can offer.<br />
Page 1
<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
What if you cannot write a book? You may have ideas and know what you want to talk<br />
about but you are unable to compose your thoughts in a clear, precise manner. In this<br />
situation, all is not lost. You can hire, usually <strong>for</strong> a small fee, someone else to write the book<br />
<strong>for</strong> you. This is called “ghostwriting” and is actually a very common practice.<br />
To hire a ghostwriter it is your responsibility to make sure that he/she knows what it is you<br />
wish to convey in your eBook and they will go about and write the book <strong>for</strong> you.<br />
You pay them to write the eBook, but it is your name that appears as the author.<br />
Once your book is written it must be converted to either an html le or a .pdf le. This is a<br />
simple process with a .pdf converter. You can get a free converter, rather than paying a big<br />
price.<br />
Now that you have the knowledge, the rest is up to you. The power behind <strong>eBooks</strong> is the<br />
leverage it will give you in the internet marketplace. Get started today.<br />
Page 2
<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
<strong>eBooks</strong> as Part of<br />
Your Internet<br />
Marketing<br />
<strong>eBooks</strong> have become and inseparable part of the new frontier of cyberspace. They are a<br />
great medium <strong>for</strong> sharing marketing in<strong>for</strong>mation, ideas, techniques, and expert knowledge.<br />
Each day the number of people accessing the Internet grows, causing the exposure of your<br />
<strong>eBooks</strong> to increase incrementally. It’s obvious why electronic self-publishing has become<br />
so popular so quickly.<br />
<strong>eBooks</strong> can assist small business website owners market their sites and in some cases<br />
even become a source of revenue. Having said that, let’s look at what makes <strong>eBooks</strong> so<br />
important and so unique.<br />
<strong>eBooks</strong> have unique characteristics that printed books can’t match. For example, <strong>eBooks</strong><br />
are relatively easy to produce and they can be inexpensive to produce. Just think about it:<br />
you don’t need a publisher, an agent, a printing press, oset lm, ink, paper, or even a<br />
distributor. You just need a great concept, the ability to write it or to hire a writer, and the<br />
right software.<br />
<strong>eBooks</strong> can be easily updated. As in<strong>for</strong>mation changes, <strong>eBooks</strong> can be updated without a<br />
second print run. All you need is to go into your original creation and modify the text or<br />
graphics. Because of this flexibility, <strong>eBooks</strong> can change and grow as fast as you can type.<br />
<strong>eBooks</strong> are convenient. You don’t have to go to a bookstore or search through endless<br />
titles at an online bookstore. All you have to do is download it from a website, and presto!<br />
It’s on your computer, ready to be read.<br />
<strong>eBooks</strong> are interactive. This is one of the most unique and specic qualities that <strong>eBooks</strong><br />
oer. You can add surveys that need to be lled out, order <strong>for</strong>ms <strong>for</strong> customers to<br />
purchase your products or goods, sound and video that draw your reader into the virtual<br />
world of your eBook, even direct links to relevant sites that will expand your eBook<br />
outward. The potential is virtually limitless.<br />
<strong>eBooks</strong> have a particular kind of permanence that other mediums do not possess.<br />
Television shows and radio shows air once, and then may rerun a few times. <strong>eBooks</strong><br />
remain on your computer <strong>for</strong> as long as your choose, and they can be read and reread<br />
whenever you choose to. They can even be printed out and stored on the shelves of your<br />
traditional home library.<br />
Page 3
<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
<strong>eBooks</strong> have very low entrance barriers. You don’t need to go through the endless process<br />
of submitting your manuscript over and over again, and then once you land an agent,<br />
having the agent submit your manuscript over and over again. Nor do you have to shell out<br />
thousands of dollars <strong>for</strong> printing a self-published book. All <strong>eBooks</strong> require is a writer and<br />
appropriate software.<br />
<strong>eBooks</strong> are great <strong>for</strong> niche content. Ever wanted to nd a book on a highly specic or niche<br />
product? Looking <strong>for</strong> tips on mouse killing? Good luck nding that in print. The costs are<br />
prohibitive and Bookstores can’t aord the shelf space. But with an eBook, no shelf space<br />
is needed so even the most niche content can find a place on the Internet.<br />
You have creative control over your eBook. You don’t have to compromise with an editor or<br />
the publishing trends of the time. You don’t have to haggle with a designer or wait <strong>for</strong><br />
copyedited galleys to arrive by snail mail. You are in complete control of the design and<br />
the text.<br />
If you’re not convinced that <strong>eBooks</strong> are something you should consider click over to<br />
Google and search <strong>for</strong> <strong>eBooks</strong>. At last count there were over 70 million search results.<br />
Something with that kind of Internet presence is not something you want to miss.<br />
Page 4
<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
Proven Secrets of Writing & Publishing<br />
In their eBook “How To Write And Publish Your Own eBook… In As Little As 7 Days”, Jim<br />
Edwards and Joe Vitale teach you how to adapt a proven eBook writing <strong>for</strong>mula to vastly<br />
improve the per<strong>for</strong>mance of your own eBook writing techniques. Instead of re-inventing<br />
the wheel, you are taught how to nd a topic, write about it and produce your own eBook,<br />
sometimes in as little as 7 days, reducing the trial and error sometimes associated with<br />
writing your own eBook.<br />
Of course, we know about <strong>eBooks</strong> don’t we? You cannot log on without being oered one.<br />
There are various degrees of credibility associated with <strong>eBooks</strong> from the brilliant<br />
in<strong>for</strong>mative <strong>eBooks</strong> that you hope that you are buying to the downright useless<br />
regurgitated rubbish that you are sometimes duped into buying. Well, we do not want to<br />
go down that route do we? No of course we don’t, we want to produce a well thought out,<br />
well written and in<strong>for</strong>mative eBook that not only you will be proud of producing, but also<br />
an eBook that gives people value <strong>for</strong> money. So, having got that goal established, how do<br />
you even begin to research a subject that everyone is looking <strong>for</strong> and put it into words in<br />
the <strong>for</strong>m of an eBook?<br />
The authors are arguably two of the best exponents of the written word on the internet.<br />
Their step by step instructions in the “How To Write And Publish Your Own eBook….In As<br />
Little As 7 Days” takes you logically and systematically through the creation process right<br />
through to the nished product. Their track record <strong>for</strong> writing in<strong>for</strong>mative and educational<br />
<strong>eBooks</strong> and articles, that have helped thousands of internet entrepenuers, is second to<br />
none.<br />
At over 200 pages long, “How To Write And Publish Your Own eBook….In As Little As 7<br />
Days” has alot to oer those who really do not know where to start when writing an eBook.<br />
Of course, even those who are adept at stringing a sentence together will probably nd<br />
something useful in the Book.<br />
“How To Write And Publish Your Own eBook…In As Little As 7 Days” is designed to teach<br />
you:<br />
How to conceive an idea <strong>for</strong> an eBook that has a market with people willing to pay or it –<br />
either directly or indirectly.<br />
How to write your eBook quickly and concisely in a way that conveys in<strong>for</strong>mation so that<br />
people can use and implement it quickly.<br />
Take positive action towards selling your eBook online by giving you a road map to start<br />
marketing your eBook on the internet.<br />
The main instructional section is 80 pages in length and lled with in<strong>for</strong>mative and<br />
motivational text. So instead of: write a book, look <strong>for</strong> a market, hope and then give up what<br />
about: identify a niche market, identify needs, wants and problems, write a book that<br />
satises those requirements and then market your book to your niche and make some<br />
money.<br />
Page 5
<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
If you think you cannot write, think you do not have anything to say or you do not want to<br />
write a full length eBook, that’s okay, every eventuality is covered to get you to start<br />
writing. I mean let’s face it, how much motivation do you need? I bet if you were oered<br />
$50.000 to write a short eBook you would soon get your pen and paper out!<br />
Of course, there has to be constructive criticism and <strong>for</strong> me, I get bored with featured<br />
authors who contribute to add a few more pages to the eBook. However, you cannot<br />
dismiss the valuable advice of Yanik Silver, Kevin Donlin or Neil Shearing whose life<br />
experiences are included – with appropriate links to their websites of course! However<br />
irritating these featured articles are (and they will appear in other <strong>eBooks</strong> as well) they do<br />
provide a valuable in site into how they got to where they are now. Just remember to<br />
concentrate on one thing – writing and publishing an eBook -do not get hijacked by<br />
outgoing links to other sites.<br />
“How To Write And Publish Your Own eBook…..In As Little As 7 Days” is nished o with<br />
bonus reports <strong>for</strong> accepting credit cards, eBook cover design, web hosting and more. All<br />
designed to get your finished product published and making money.<br />
If you are looking <strong>for</strong> well written, in<strong>for</strong>mative and value <strong>for</strong> money instructions on how to<br />
write your own eBook, whether you want to write 10 pages or 1000 pages, then I believe<br />
that this eBook does deliver on its promise to get you to write an eBook in as little as 7<br />
days. The only thing it cannot do is write it <strong>for</strong> you.<br />
Hopefully, the authors will collaborate again in the future to write an eBook that will again<br />
take the mysteries out writing and publishing on the internet.<br />
Page 6
<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
Follow These Simple Steps<br />
Let’s begin with the process that should commence be<strong>for</strong>e you write your rst word. Begin<br />
by reading A LOT. Read both books you passionately love and books you can’t seem to<br />
make it past page ve. Then gure out what the author did in the book you loved, and what<br />
was wrong with in the book you couldn’t nish. Write down these points so they are crystal<br />
clear to you. Read other people’s books <strong>for</strong> inspiration and to discover what you should<br />
avoid as a writer.<br />
The next step is to plan out your book. Narrow down your subject, and then divide it into<br />
chapters. Each chapter should address a specic aspect of the problem your book is going<br />
to solve. In each chapter, break the specic aspect down into several parts. This will help<br />
your readers take in your in<strong>for</strong>mation a bit at a time instead of overwhelming them with<br />
every bit of in<strong>for</strong>mation clogging up the pages until they feel like they’re about to go blind.<br />
It’s not quite spoon-feeding the in<strong>for</strong>mation to your readers, but its close.<br />
The next two steps are obvious. Write your book and then revise it. And then revise it again.<br />
And perhaps again. Of course, writing is extremely hard, and writing a book can seem like<br />
an impossible task. There are many books out there that give you guidelines to help you<br />
become familiar – and even love – the process of writing and revision. Find a number of<br />
books about writing. Better yet, nd a number of books about writing the specic type of<br />
book you aspire to write. These can serve as roadmaps on your writing journey.<br />
Once you’ve written your book and revised it at least twice, show it to someone else whose<br />
opinion you respect. If you’re lucky enough to know a good editor, see if you have<br />
something to barter <strong>for</strong> him or her to go through your manuscript. Or join a writing group<br />
and let the other members critique your work.<br />
Then take all these ideas from other people, and revise your manuscript one last time. And<br />
then stop! Put down that pen! Get your hands off the keyboard!<br />
One of the most important steps to actually producing a book is to know when to stop<br />
writing and tinkering with it.<br />
You’ve nally written your book! Pop open the bubbly! Give yourself a night out on the<br />
town!<br />
Okay, now that this necessary celebration is out of your system, what do you do next?<br />
Page 7
<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
<strong>eBooks</strong> are a revolutionary way to publish your book without incurring the costs of print<br />
production. All you need is a relevant and targeted subject and some inexpensive<br />
software, and you can trans<strong>for</strong>m your manuscript into a book.<br />
The problem, in terms of actually seeing any prots from your eBook, is that the market is<br />
overwhelmed with <strong>eBooks</strong>, and many of them are not worth the time it takes to download<br />
them. Just because the ability exists to easily produce an eBook, doesn’t make it good<br />
writing.<br />
Make sure your book does not simply rehash old material. You will injure your credibility as<br />
an author by claiming to oer valuable new insights and disappointing your audience with<br />
material they’ve read a zillion times be<strong>for</strong>e. So spend enough time writing and revising<br />
your book to make sure it’s of the highest quality and presents the most current<br />
in<strong>for</strong>mation. A good book will eventually sell itself; false claims about your book will make<br />
it extremely difficult to sell any future books you may write.<br />
Assuming you have determined that you do indeed have a quality product that answers<br />
some question or need of your target audience with NEW in<strong>for</strong>mation, how do you know<br />
how much to charge <strong>for</strong> it? Rule number 1: Set a price <strong>for</strong> your book equal to its value. An<br />
under-priced Book will only give the impression that your book isn’t worth very much.<br />
To gure out a fair price, estimate how much time you put into creating it and how dicult<br />
it was to trans<strong>for</strong>m the necessary in<strong>for</strong>mation into understandable and engaging writing.<br />
Figure out how much your time and eort is worth, and then price it accordingly. The goal<br />
is <strong>for</strong> you to be adequately compensated <strong>for</strong> your talent, your time, and your ef<strong>for</strong>t.<br />
Once you’ve gured out a price that is high enough to convey the value of the book, but<br />
not so high as to be out of the reach of your target audience’s mean budget, then it’s time<br />
to oer it <strong>for</strong> sale on your website. To attract sales, you will need to develop a promotional<br />
campaign, particularly if you are an unknown author.<br />
There are multitudes of books about self-promotion that will guide you in your eorts.<br />
Choose a plan that is both creative and professional. Learn how to write a catchy yet<br />
in<strong>for</strong>mative press release, and send copies of your eBook to sites that specialize in eBook<br />
reviews.<br />
Learn how to write powerful sales copy, or hire someone to write it <strong>for</strong> you. This is an<br />
essential. You absolutely need excellent sales copy to sell your book. Make sure the copy<br />
includes all the reasons your target audience needs your book, and the benets they will<br />
derive from buying it.<br />
Page 8
<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
Use graphics in your promotional materials. Beautiful graphics have the power to instantly<br />
convey the quality and value of your eBook. Graphics can also convey the amount of<br />
valuable in<strong>for</strong>mation the book contains, and your careful attention to detail. Professional<br />
graphics sell professional books. They reassure the customer that the product is what it<br />
claims to be.<br />
Consider excerpting chapters <strong>for</strong> articles. You can oer these titbits <strong>for</strong> free on your<br />
website as a sort of demo of your book. Include an order <strong>for</strong>m <strong>for</strong> your eBook at the end of<br />
the excerpted articles.<br />
Finally, when you set-up your download link, make sure to simplify the process. It’s a good<br />
idea to offer a few bonuses that make your book even more enticing to purchase, but make<br />
sure the bonuses are valuable and high quality. Too many bonuses that are basically a load<br />
of useless stu will compromise the impression your audience has of your eBook. The goal<br />
is to convey to your audience that they are getting a quality product <strong>for</strong> a good deal. That<br />
means applying restraint, especially when it comes to adding bonus items. Too much free<br />
stuff offered diminishes your credibility.<br />
Make sure your book is a quality product. Make sure it is relevant and current. Develop an<br />
eective marketing plan that includes excellent sales copy and excerpted articles. Then<br />
offer your Book <strong>for</strong> sale, and wait <strong>for</strong> your audience to discover you!<br />
Page 9
<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
7-Steps to Creating an eBook<br />
In this simple article, I will show you step-by-step how to create your own eBook.<br />
Step 1:<br />
Open your HTML editor (Dreamweaver, FrontPage or etc); if you do not have one, go to<br />
search engine and type, “free online editor WYSIWYG”.<br />
Step 2:<br />
Type your message or idea into your HTML editor or copy and paste it from your text<br />
editor. Design your page and make it simple. After you, nish your work, save your le into<br />
specic folder. When designing your page, consider creating your le in single page or<br />
multiple pages that link to each other like website. If you are new to website design, better<br />
you design it in single page.<br />
Step 3:<br />
Compile your file into eBook using eBook compiler. Go to<br />
(http://www.eBookcompilers.com) and download eBook compiler. This is directory of<br />
eBook compiler and there are free eBook compilers too. Download and install eBook<br />
compiler into your computer. On the other hand, go to search engine and type, “free eBook<br />
compiler.”<br />
Step 4:<br />
Open your eBook compiler and browse your le (html le you create in step 2) and follow<br />
the instruction in your eBook compiler until finish.<br />
Step 5:<br />
Go to www.winzip.com, download WinZip, and install it. Open WinZip application and<br />
create a new Zip file. Add your eBook file and zip it.<br />
Step 6:<br />
FTP or Upload your zip le (example – eBook.zip) into your web server. You can also sign<br />
up <strong>for</strong> free web hosting. Go to search engine and type, “free website hosting.”<br />
Page 10
<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
Step 7:<br />
Publish your eBook on the internet. Submit it to the eBook directory or freebie directory (if<br />
your eBook is free). Go to search engine and type, “free eBook directory” or submit it to<br />
www.download.com. Submit rst your eBook to www.upload.com because their website<br />
received high traffic every week. Allow your website visitors to download your eBook free.<br />
Now you have successfully created your own eBook, publish it on the net but your eBook<br />
only can be view by Windows user. So, how your eBook can be view both Windows and<br />
Mac users. It is very simple just type your message or idea in word processor and save it in<br />
text <strong>for</strong>mat. Go to https://createpdf.adobe.com and follow the instruction on how to<br />
compile your text into PDF file.<br />
After you successfully create your PDF file, follow step 5, 6, 7.<br />
Page 11
<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
How To Use <strong>eBooks</strong> And eBay To Build Your<br />
Mailing List<br />
In this section we’ll look at a very easy to use and cost eective method of getting laser<br />
targeted prospects on your mailing list.<br />
First, let’s quickly re-cap; we learned there that we don’t need to make money from the<br />
initial sale of the eBook in order to profit from the eBook.<br />
Keep this in mind as we go through the following dialogue.<br />
eBay is a site that facilitates bringing buyers and sellers together in a secure and safe<br />
environment, in order to buy and sell a variety of goods and services, either through action<br />
or in a fixed price <strong>for</strong>mat.<br />
The preferred payment system used there is Paypal. Paypal is an extremely user friendly<br />
and highly secure service <strong>for</strong> transferring money over the internet.<br />
Here’s what we do:<br />
1. List the eBook under several dierent categories, choose categories that have a specic<br />
connection to the topic and some that are more loosely connected. For example an eBook<br />
about Internet Marketing could be listed under the category of; Books/internet in<strong>for</strong>mation<br />
products/marketing; this would be a direct connection. A loosely connected category<br />
might be something like; Everything Else/Education & Learning/Adult & Career<br />
Education/Personal Development/Personal Finances. An easy way to nd suitable<br />
categories is to use the search categories option as you are listing; it gives you<br />
recommendations that you can choose from.<br />
2. We also need to play around with the Heading, using dierent headings <strong>for</strong> all of our<br />
listings, we should try to include the words and phrases that people will use when<br />
searching most often, and include them in the heading.<br />
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<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
3. List the eBook as a 10 day auction and oer a ‘buy now’ option as well. Be sure to set the<br />
‘buy now’ price at level that covers our fees if we wish to make this a free advertising<br />
campaign.<br />
4 . We need to create a html <strong>for</strong>matted sales letter. Do this by creating a page in html<br />
composer such as Mozilla or coee cup, or any other composer. Outline all the details<br />
about the Book and what’s in it etc. then at the end of the description add an Auto<br />
responder! That the customers can use to ask <strong>for</strong> more in<strong>for</strong>mation about the product. We<br />
must ensure that the redirect page brings the customer back to ebay. This is vital because<br />
ebay has very strict policies regarding links that take people away from their site.<br />
5 . Now we can play around with the sales letter to make it more enticing <strong>for</strong> people to<br />
enter their details, some of the things we could use are; <strong>for</strong> a free report, to receive other<br />
oers and updates, <strong>for</strong> more in<strong>for</strong>mation and the free edition,etc. we just need to become<br />
creative here.<br />
6. If our eBook sells without getting any prospects, that’s great we have covered our costs<br />
and distributed our links. (see part one of this series) We can go ahead and re-list it, then<br />
start all over again!<br />
That’s all there is to it! It doesn’t take long to set up and once in place, we can easily tweak<br />
the listings and continue this strategy.<br />
It’s not limited only to ebay it’s also possible to use any of the other auction sites available<br />
online today.<br />
Page 13
<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
Marketing Strategies<br />
The key that unlocks the sales potential of your eBook is to nd a single sentence that<br />
becomes your selling handle. This sentence states what question or problem your book<br />
answers and the benets your eBook can provide. Then be sure to use that sentence in<br />
every piece of sales and promotional material, and every time anyone asks you about your<br />
eBook.<br />
Besides promoting your books assiduously online, there are several other strategies that<br />
can help you sell more books.<br />
One is to give something away <strong>for</strong> free with your book, such as a valuable bonus item. Or<br />
bundle several <strong>eBooks</strong> under one price, which lowers the price <strong>for</strong> each eBook if they were<br />
sold separately.<br />
An eective technique <strong>for</strong> guring out a price is to send out a survey to your current<br />
customers. If these customers have already bought an eBook from you, ask <strong>for</strong> their<br />
opinion in terms of price. Do this by creating a sales page <strong>for</strong> the new eBook, but don’t<br />
include a price on that page. Instead, add a number of links to survey questions that ask<br />
pointed questions to aid you in assigning a price to your eBook.<br />
Another strategy is to test out prices by creating a number of duplicate sales pages with<br />
dierent prices on each page. Make sure your sales copy is exactly the same on every<br />
page, and includes your selling-handle sentence. Then gure out <strong>for</strong> each page the<br />
conversion ratio between visitors to your site and sales of your book. This will tell you what<br />
your optimum price is.<br />
Ultimately, if you’ve written a book that solves a problem or presents a new technique,<br />
your book will bring in both trac and prots. So be sure to write that selling-handle<br />
sentence that sums up what problem your book solves and what the benets of your book<br />
will be to the customers who purchase it. And then watch your market come to you!<br />
Page 14
<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
How to Price Your eBook<br />
If you price it too high when compared with your competition, you will nd yourself steadily<br />
lowering the price, which will cause you all kinds of new problems in the future. For<br />
example, if you sell your eBook at rst <strong>for</strong> $49.99, and later reduce it to $29.95, don’t you<br />
think the people who bought it <strong>for</strong> $49.99 are going to be a little bit un-happy?<br />
Choosing the right price <strong>for</strong> your eBook is one of the most critical parts of the marketing<br />
process. The rst rule of pricing <strong>eBooks</strong> is to never under price. Determine the highest<br />
price your audience can aord, and then if you nd your Book isn’t selling, you can always<br />
reduce the price. Be<strong>for</strong>e you take that step, make sure you are promoting your Book like<br />
crazy on the Internet and on websites. The price should be aimed at bringing in prots, but<br />
you should never <strong>for</strong>get that price is one of the factors that people use in judging the value<br />
of your eBook, be<strong>for</strong>e they buy it. So always start with the highest price, and then launch a<br />
mega-marketing campaign.<br />
Pricing an eBook is particularly dicult because <strong>eBooks</strong> are a fairly new commodity. Since<br />
they are digital, the value of an eBook is as confusing as the understanding of what digital<br />
actually is to the average layperson. This means that we must look at <strong>eBooks</strong> in a dierent<br />
light in order to determine their actual worth in this brave, new cyber world.<br />
Let’s look at the dierence between a book in print and an eBook. A printed book is an<br />
object you can hold in your hand, store on your bookshelf, even hand down to the next<br />
generation. It is priced on factors such as paper stock, design and production costs, and<br />
marketing.<br />
But the fact that unites <strong>eBooks</strong> and print books is that they are composed of ideas. It is the<br />
ideas in these Books that have the ability to change, or possibly trans<strong>for</strong>m, people’s lives.<br />
What do you think an idea is worth when evaluated against the cost of paper and ink?<br />
It is the IDEAS that are valuable! That is how you determine the cost of your eBook.<br />
What should I charge <strong>for</strong> my ideas?<br />
There are all dierent <strong>for</strong>mulas and methods <strong>for</strong> determining the correct price <strong>for</strong> your<br />
eBook. Let’s begin with honing in on your ultimate goals.<br />
Page 15
<strong>eBooks</strong> <strong>for</strong> <strong>Income</strong><br />
Decide if your goal is to get wide distribution and maximum exposure. This goal is aimed at<br />
drawing customers to your business or service, or to establishing the credibility of your<br />
reputation. If this is your main goal, you should aim to keep your price on the low side.<br />
Some authors have even priced their <strong>eBooks</strong> at a prot loss to draw a high number of new<br />
customers. The key is to nd a price that maximizes your prots and the number of Books<br />
you sell.<br />
This is an excellent pricing strategy if you are looking to acquire long-term customers.<br />
Long-term customers are extremely likely to buy from you again and again - as long as the<br />
first eBook they buy is of exceptional quality and beneficial to the customer.<br />
However, if your book contains valuable, and more importantly NEW in<strong>for</strong>mation,<br />
references, or techniques, then you should aim to price it on the high end.<br />
After you gure out your goal, you must gure out what your audience’s need is <strong>for</strong> your<br />
eBook. For example, does your book solve a particular problem? If it does, and solves it in a<br />
way that hasn’t been written about in one hundred other <strong>eBooks</strong>, you will be able to<br />
achieve high sales at a high price. If your book solves a problem or answers questions in a<br />
new and unique way, you should price your book as high as you can go. You will achieve<br />
larger prots this way, but bring in fewer customers. Just make sure the question or<br />
problem that your book solves is one that is important and relevant to the majority of your<br />
market audience. If your ideas are not common knowledge, or you are presenting a brand<br />
new technique, you will be able to sell books at a high price. Just be prepared <strong>for</strong> your<br />
competition to undercut you on price as son as they hear about your book.<br />
Keep in mind that the above pricing strategy is temporary. Eventually, you will cease to sell<br />
books at this high price. So gure out in advance how long you plan to oer your eBook at<br />
this high price, and when that time is up, change your pricing strategy.<br />
If you want to see large prots over customer draw, aim <strong>for</strong> an audience that is looking <strong>for</strong><br />
easy solutions to their problems at a low price. If your book is aimed at solving one<br />
particular problem rather than general advice, then you can charge more. Start at the<br />
highest price the market will bear to bring in the largest prots, and plan to discount the<br />
book a number of times throughout the year.<br />
Page 16
THANK<br />
YOU<br />
GOOD LUCK !<br />
I wish you good luck as you move on to new and different challenges.<br />
Though these challenges may be intimitading at first, I have confidence that<br />
you have the skills to solve any problem.<br />
Here's to you're success with <strong>eBooks</strong> and passive income !