While there are many ways to build a business online, building your own eBook empire is one method that can create long-term residual income for years to come. Of course, eBooks provide many perks up front.
You don't have to stock any inventory. You can keep overhead costs low (no publisher and agent percentages like there are with print books). You have an endless supply that can be purchased at any time of the day or year.
But they also offer many benefits that aren't so obvious. While a tangible book in your local bookstore might sell for $14.95, an eBook on the same subject could sell at anywhere from $27 or more online as a digital download.
You don't have to be a professional writer to launch your own eBook empire. The writing is much easier for an online audience - more like you do every day via email than what you learned in a college-level English class.
Many ebook authors start out as ghostwriters for other top Internet marketers on a freelance basis. When they discover how profitable their ebooks actually are, many actually decide to learn the entire process of launching their own ebooks themselves.
You can even find quality freelancers to create your products for you at a fraction of the price, and turn around and launch them with your name on it - and it's not only legal - it's standard practice in this industry!
So what does it means to launch an empire of ebooks? You start with one, and then branch out - branding yourself as the go-to person for that demographic's needs. You don't have to write one definitive guide to wedding planning, for example.
You can write one about picking the perfect wedding gown, another on wedding flowers, one on honeymoons, and so on. Each smaller niche idea that you drill down into gives you more selling opportunities.
There's a step-by-step process for developing an ebook -which begins with finding your niche and ends with the launch of your own powerhouse affiliate program. You want to have an army of virtual salespeople out there pulling in profits for you while you continue adding building blocks to your empire with follow-up product ideas.
You can use many free and low-cost tools to launch your first and subsequent ebooks online. It isn't a business opportunity that requires a large investment of money, but you do need to commit some time to ensure it's properly launched in a way that bolsters your reputation in the community.
P.S. Here's another great resource to help you build your business:
Posts
