How to make passive income with eBook
This video will give you clue how to find eBook profitable niches and many more. Enjoy!
E-book has revolutionized
book publication and makes it easy for average writer to make money with their
ideas. Unlike before when you have to pass through series of rigorous process
to get your book published. Now, with internet technology you can publish your
book electronically with just a click of mouse and earn royalties for life.
E-book creation and
publication is one of the easiest methods of making money online without
investing much of your capital. What you need is creativity, knowledge and
finding a profitable niche. Many online writers are making passive income
through selling their e-book online.
E-book business offer
everybody equal opportunity whether you are a writer or not. What is important
for you to succeed in e-book business is to find a profitable market. Many
smart entrepreneurs outsource or pay others to write e-book for them. As you
can see, anybody can tap into the gold mine once he/she can be able to identify
a profitable niche.
How to find profitable niche
There are different ways you
can use to find profitable niche whether for writing or other business.
1. Keyword analysis and
research
The success of online entrepreneur depends
much on keywords usage. Keyword research can help online entrepreneurs find
relevant facts about behavior of online users. Keyword search gives us insight
about competition in a particular niche. Writers can use keyword to determine
what is trending and information people mostly seek.
There are a lot of free keyword
tools you can use to find profitable niche. A very good example is Google
adword. You can read further on keywords at these links;
Google adword
Google adword is totally
amazing tool. This tool is solely created for advertisers to use to organize and
manage their campaign. You can use this tool to determine competition level of
keywords, related keywords, cost per click (cpc) value of keywords, etc. If the cpc of a keyword is high, that equally
implies that a lot of advertisers are bidding on the keyword.
A writer can use this tool to
find keywords that have high market value and write about it. For example,'
weight loss' is highly profitable keyword but is highly competitive. As a
writer, you may not be able to compete favorably with other top established
authors on the keyword. Now, you can dig deep to find long tailed keywords you
can be able to compete and manage favorably.
2. Best sellers in e-book
online store.
Another method you can use to
find profitable keywords is to take a look at best sellers on top e-book
stores. Many writers find this method very easy to use because it is straight
forward.
3. Google search
Google search is another
great tool with a lot of functionalities may people don't know about. Now, see
how you can use Google search to find hot trending keywords. Take this step to
identify trending keywords;
1. Go to Google search and
change the settings
2. Change 'anytime' to 'past
24hrs'.
3. Change 'sorted by
relevance' to 'sorted by date'.
4. Input keyword, preferably
long tailed keyword.
Most of the results will come
from press release, blog post, forum posts etc. If the keyword did not return
more than 200 posts in the last 24hrs, the keyword have low demand. If the
search returns more than 500 posts in the last 24hrs, you have a hot and
profitable niche.
4. Use trending sites
Trending sites is another
popular method you can use to identify hot and profitable keywords. Below are
some of the trending sites I find very useful;
5. Magazines
Magazines can be used to identify profitable
niches. Magazine publishers use to a lot of niche analysis before investing
their fund on any niche. If the keywords you are researching have magazines
solely created for it, you have a profitable keyword.
6. Book for Dummies
The publishers of Books for
Dummies are experts in identifying profitable niches. If you don't have the
creativity to do niche and keyword analysis, better leverage this publisher
dynamic topic and titles.
There are many ways you can
use to identify profitable niches you can write about.
E-book cover
E-book cover is very
important in e-book business. In fact, e-books buyers use book covers to rate
the quality of the content. It is more preferable to outsource e-book cover to
professional designers. There are many freelancing sites where you can find
good designers at cheap rate. A good example is fiverr.com.
Ebook editing and review
Who likes to read books filled with errors? There is need to edit your eBook perfectly. Sometimes, the best practice is to outsource it to a professional editor. There are things your eyes may not see. Secodly, a professional editor can help to sharpen your dull sentences with well structureed and conherent sentences.
Sell your e-book
Summit
your e-book to major e-book online stores. This strategy will increase your
chances of making sales. Before uploading your e-book to online store makes
sure you read and understand their term of service and contract.