It's hard to believe but it's actually possible to create a 6 figure income by selling eBooks. Many entrepreneurs are doing this and are making a fortune. While it seems like an amazing achievement, it is actually not very difficult or complex. The process is straight forward but you need to put in some elbow grease to make it happen.
Here's what you need to create your 6 figure online business by selling eBooks.
1. Choose a broad niche.
This niche needs to be popular and which you can write a lot of eBooks on. For example, Business Management is a good niche.
You can write lots of eBooks on this topic such as presentation skills, leadership, self-confidence, team building and so on.
2. Research on popular topics
Participate on forums and blogs. Get a feel for what type of solutions people are looking for. Get a list of about 5 topics which you can write an eBook on.
3. Create the Table of Contents
Once you've chosen a topic, write out the table of contents so that you know how to structure and present the information. Looking at the table of contents, ask yourself if prospects will be interest in reading the eBook.
4. Write the eBook
Spend time to write the eBook or hire a professional ghostwriter if you are not comfortable with writing yourself. Make sure the tone is entertaining so that you don't bore your readers.
5. Create Design and Sales Letter
Next hire a professional to design your website and write the sales letter yourself. Check out existing products' sales letters to get an idea of how to write your own.
6. Issue a press release
Launch a press release to announce your new eBook. Tell the world why they should buy it and include a link to your website.
7. Capture List
Build a list capturing function into your sales letter so that you can build a list of prospects that leave your sales letter.
8. Promote to Subscribers
Regularly email your subscribers telling them how useful your eBook is.
9. Repeat
Do the same thing again with another eBook. Create another press release and this time, you can promote it to your existing list of subscribers.
10. Grow Your Business
In time, you will have a lot of eBooks in the same niche and a huge list of subscribers. You can promote other people's products and they can promote yours in return.
With this business model, you will see the effect after launching a few eBooks. When you have a list in the thousands and you can instantly sell hundreds of copies of a new product, you will truly understand how selling eBooks can be so profitable.
Here's what you need to create your 6 figure online business by selling eBooks.
1. Choose a broad niche.
This niche needs to be popular and which you can write a lot of eBooks on. For example, Business Management is a good niche.
You can write lots of eBooks on this topic such as presentation skills, leadership, self-confidence, team building and so on.
2. Research on popular topics
Participate on forums and blogs. Get a feel for what type of solutions people are looking for. Get a list of about 5 topics which you can write an eBook on.
3. Create the Table of Contents
Once you've chosen a topic, write out the table of contents so that you know how to structure and present the information. Looking at the table of contents, ask yourself if prospects will be interest in reading the eBook.
4. Write the eBook
Spend time to write the eBook or hire a professional ghostwriter if you are not comfortable with writing yourself. Make sure the tone is entertaining so that you don't bore your readers.
5. Create Design and Sales Letter
Next hire a professional to design your website and write the sales letter yourself. Check out existing products' sales letters to get an idea of how to write your own.
6. Issue a press release
Launch a press release to announce your new eBook. Tell the world why they should buy it and include a link to your website.
7. Capture List
Build a list capturing function into your sales letter so that you can build a list of prospects that leave your sales letter.
8. Promote to Subscribers
Regularly email your subscribers telling them how useful your eBook is.
9. Repeat
Do the same thing again with another eBook. Create another press release and this time, you can promote it to your existing list of subscribers.
10. Grow Your Business
In time, you will have a lot of eBooks in the same niche and a huge list of subscribers. You can promote other people's products and they can promote yours in return.
With this business model, you will see the effect after launching a few eBooks. When you have a list in the thousands and you can instantly sell hundreds of copies of a new product, you will truly understand how selling eBooks can be so profitable.
Article Source: http://EzineArticles.com/?expert=Alan_Cheng
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