How to Make Money Selling Ebooks Online (2024)

Does the idea of publishing a book excite you but also make you slightly intimidated? Writing and publishing a book is no small feat. It often involves literary agents, publisher meetings, and strict deadlines.

How to Make Money Selling Ebooks Online (1)

Still, there are other ways to publish a book and sell it quickly. Ebooks are just as popular as print books, and it’s easier than ever to self-publish a book to sell online.

Since ebooks can be delivered or downloaded online, you can sell them to anyone and won’t have to worry about shipping or geographic constraints. Plus, you get the chance to share your unique story with others and develop a semi-passive stream of income.

Want to know how you can make money selling ebooks online? You don’t have to be an amazing writer or public figure to get started. Here are some key steps to take.

1. Narrow Down Your Topic

This is the first and most crucial step when it comes to creating your ebook to sell. You need an initial idea. This can be based on your area of expertise, life lessons you’ve learned, or story ideas in which you think people would be interested.

If you have a blog or specific experience in a particular area, you can always write a how-to or self-help book based on a topic you know all too well. Have interesting stories about overcoming certain obstacles in your life? Turn it into an inspirational ebook.

Remember, you can write a fiction book as well and create your own engaging storyline. Some of the most profitable fiction genres for ebooks include romance, mystery, horror, science fiction, and fantasy.

These genres also tend to sell better from independent self-publishers than traditional publishers.

2. Outline and Write

As soon as you confirm your genre and what the book will be about, start outlining and writing. Creating an outline will help you organize your thoughts and determine what you will include in the book and when.

Having a detailed outline can help make the writing process run more smoothly and allow you to narrow down the plot and determine where the story will go.

The writing part is where most people start stalling and fall off track. If you never finish your book, you never get to sell it and share your story with the world.

It’s best to give yourself a deadline when writing your book. Luckily, ebooks are often shorter than traditionally published print books, and you can generally write your ebook in 30 days or less.

My friend Michelle Jackson wrote her first ebook in just seven days and made nearly $2,000 in the first six weeks of publishing it online. She now teaches others how to develop and market their ebooks online. The authors she mentors with her program have gone on to grow their brands, connect with new communities, hit No. 1 for their niche on Amazon, and experience other huge milestones as a result of self-publishing their ebooks.

Michelle says people should not wait to create their ebooks because others are waiting to learn from you, be entertained, and see you shine in your expertise.

Related Content: How to Create an Ebook in 1 Month As a Busy Mom in 7 Steps

3. Edit and Polish Your Book

After you’ve written your ebook, you can self-edit it or work with an editor. There are plenty of free tools you can use to self-edit your book. Grammarly is an app (with a free and paid version) that will check your writing for grammar and spelling issues.

The Hemingway App Editor is free and will make sure your writing is bold and clear. This editor assesses your writing to determine the overall readability and will suggest ways to improve your tone, active voice, and sentence structure. You can also use Canva to design the cover of your ebook easily as they have tons of templates from which to choose.

As you can see, you don’t need to be an award-winning writer to publish a quality ebook. Just get your ideas and experience down on paper, then use an editing tool or professional to help you polish your book.

4. Get Ready For Publishing

The best part about writing an ebook is that you can publish it yourself with no hassle.

“I’ve never read a book that solved a problem, entertained me, or inspired me and thought … Hmmm, was this traditionally published or self-published?” Michelle said.

To her point, readers don’t care how the book was published. They care more about the topic, how it will help them, and how easy the ebook is to access.

When it comes to self-publishing your ebook, Kindle Direct Publishing makes it easy to do this even if you’re not technically inclined. Kindle Direct Publishing allows you to reach millions of readers via Amazon’s platform. Here’s what you get:

  • Quick and easy publishing (your book will appear on Kindle stores within 24-48 hours)
  • Set your own prices
  • Earn up to 70% in royalties from each sale to customers around the world
  • Free to get started

5. How Kindle Direct Publishing Works

There are two different publishing options to consider: Kindle Direct Publishing and KDP Select. Both options will allow you to market your ebook to the millions of Kindle owners, along with readers who use Kindle on their devices. You will also be able to receive 70% royalties for the books you share on either platform.

The main difference is that KDP Select requires full exclusivity, meaning you can’t sell your ebook anywhere else.

All KDP Select books are included in the Kindle Owner’s Lending Library, which is free for people who hold an Amazon Prime Membership. Whenever your book is borrowed, you’ll still earn a small commission.

Whether you choose Kindle Direct Publishing or KDP Select, publishing your ebook is easy. Simply log in or create an account. Then, upload your book content and cover. You can also add a description of the book along with keywords and the genre so readers can easily find it during a search.

Once you get a free ISBN number, your book is ready to be published and should be live in the Kindle Store within 24-48 hours.

How to Make Money Selling Ebooks Online (2)

6. Marketing and Selling Your Ebook

Once you publish your book and market it, you can start to generate regular sales and passive income. No one is going to know about your book if you don’t market it, so be sure to spread the word.

You can start by optimizing the description and keywords when you publish your book via Amazon’s Kindle platform. Make sure you think about user intent and what potential buyers would be searching for when it comes to your book.

For example, if you’re writing a book about how to RV for a full summer with five kids, you’ll want to narrow down keywords that people may be searching for if they’re interested in reading about this topic.

Don’t forget to ask for reviews early on. If someone buys your book on Amazon, they will already be prompted to leave a review. However, you should ask a few friends, colleagues, or social media acquaintances to read your book and submit a review as soon as you release it. This will prompt other people to buy your ebook as well.

Michelle advises authors to start an email list and publish books often to keep sales flowing.

“The vast majority of authors publish a body of work vs. just one book,” Michelle said.

Michelle turned her first romance ebook into a six-book series and established an email list so readers could keep up with new book releases.

“The best thing about having an email list for your book is that you already know the subscribers are fans of your work and are eager to hurry up and finish the series,” she added.

Other fun ways to market your ebook and increase sales include:

  • Hosting a giveaway on your website or social media
  • Being an expert guest on a few podcasts that are related to the theme of your book
  • Collaborate with other authors in your niche
  • Using your book to leverage speaking gigs
  • Adding affiliate links in your book to boost passive income (Note: Don’t add Amazon affiliate links to your ebook)
  • Utilize holidays and special events to drive sales (i.e., a Black Friday sale)

Related Content: 5 Quick Tips for Promoting Your Self-Published Book Through Social Media

Conclusion

Selling ebooks online is a great way to make money from your expertise and exceptional story-writing skills. Find out what the market is missing and how you can provide value, solve a problem, or simply entertain with your ebook.

Don’t take too long writing your ebook, or you’ll never make any money. Instead, focus on utilizing the easy publishing tools mentioned in this post and develop a marketing strategy to help you generate passive income over time.

Share197

Pin199

Share

Share

Tweet19

How to Make Money Selling Ebooks Online (2024)

FAQs

How to Make Money Selling Ebooks Online? ›

Is It Profitable to Sell Ebooks? Ebooks are profitable, but simply publishing one is not enough. eBooks are profitable when they are marketed and sold properly with intent. Some authors who use Amazon to publish their ebooks can potentially make $1000+ a month.

Is selling ebooks profitable? ›

Is It Profitable to Sell Ebooks? Ebooks are profitable, but simply publishing one is not enough. eBooks are profitable when they are marketed and sold properly with intent. Some authors who use Amazon to publish their ebooks can potentially make $1000+ a month.

What type of ebook sells the most? ›

The most popular categories for best-selling fiction books are as follows:
  • Romance.
  • Crime/Mystery.
  • Science fiction/fantasy.
  • Horror.

How much money can you make creating an ebook? ›

The amount you can expect to earn per ebook sale depends on several factors, including the price of your book and the royalty rate you choose. If you price your book between $2.99 and $9.99, you can choose a royalty rate of 70%, meaning you'll earn 70% of the book's list price for each sale.

Can you sell ebooks legally? ›

Yes, you can sell ebooks as long as you legally own the rights to the ebook(s) you're selling. You might either create the ebook yourself or outsource some or all of it.

How much does the average eBook sell for? ›

The average price of an ebook ranges from $9 to $19. But many ebooks sell for $5, and others have a price tag of $100 or more. How can that be? With other products, especially physical products, the cost of production is usually the culprit.

How many ebooks does the average book sell? ›

Research suggests that the “average” self-published, digital-only book sells about 250 copies in its lifetime. By comparison, the average traditionally published book sells 3,000 copies, but as I mentioned above, only about 250-300 of those sales happen in the first year.

Which eBooks sell the most on Amazon? ›

Kindle eBooks
  • Zodiac Academy 9: Restless Stars. 1 offer from $8.99. ...
  • Wild Love (Rose Hill Book 1) 11,170. ...
  • Funny Story. 1 offer from $12.99. ...
  • Never Lie: An addictive psychological thriller. ...
  • The Teacher: A Psychological Thriller. ...
  • The Women: A Novel. ...
  • Bridesmaid For Hire. ...
  • Nine Month Contract: A Small Town Grumpy Sunshine Romance.

How much does it cost to publish a book on Amazon? ›

KDP allows you to self-publish eBooks, paperbacks, and hardcover books for free. We give you direct access to your book on Amazon, and allow you to create a product detail page for your book.

What size book sells best? ›

Most Common Book Trim Sizes
  • General Fiction: 6" x 9"
  • General Nonfiction: 5.5" x 8.5"
  • Thrillers/Mysteries: 5.25" x 8"
  • YA General Fiction: 5" x 7"
  • YA Dystopian, Fantasy, and Sci-Fi: 5.5" x 8.5"
  • General Self Help: 5.25" x 8"
  • Inspirational/Spiritual: 5" x 8"
  • Memoir: 5.25" x 8"
Dec 8, 2021

Can you make a living writing eBooks? ›

Writing and publishing eBooks is a great way to earn money from your writing because you can write them on your computer then digitally publish them. This leaves you free to keep on writing more eBooks. You can also earn money online selling other people's eBooks.

What is a fair price for an ebook? ›

Once the price goes above $2.99, you can set the royalty to 70%. You might get fewer readers, but not as many less as you might think. Therefore, the best price for an ebook is between $2.99 and $9.99-in that range, you're eligible for the highest royalty percentage of 70%.

Can you really make money selling eBooks on Amazon? ›

It can be. As you can see, you can easily earn at least $2,000 a month (or more) selling your ebooks on Amazon. I'd consider that pretty profitable!

How to sell ebooks for beginners? ›

12 Tips on how to make your ebooks sell online
  1. Choose the right niche. ...
  2. Create high-quality content. ...
  3. Design a professional cover. ...
  4. Leverage ebook publishing platforms. ...
  5. Optimize pricing. ...
  6. Implement effective marketing strategies. ...
  7. Collect and use reviews. ...
  8. Offer value-added content.
Aug 18, 2023

Do I need to copyright my ebook? ›

Do Ebooks Need a Copyright Page? Ebooks need a copyright page just as printed books do, if not more! Due to their digital nature and availability online, ebooks are more vulnerable to piracy and plagiarism. This is mainly because it's much easier to copy and paste from electronic sources than from printed content.

Can anyone sell ebooks on Amazon? ›

You can sell hardcovers, paperbacks, or ebooks through websites like Amazon.com. In this article, we'll cover ecommerce tools that can help you sell new books, resell old books, and specialize in specific titles or genres.

Is selling ebooks passive income? ›

Step-by-step mini guide to sell ebooks for passive income

Creating digital products like ebooks is one way to get there. I've been making a steady income from ebooks for the past few years!

Is it profitable to sell ebooks on Amazon? ›

Is selling ebooks on Amazon profitable? It can be. As you can see, you can easily earn at least $2,000 a month (or more) selling your ebooks on Amazon. I'd consider that pretty profitable!

Are ebooks worth making? ›

Ebooks are profitable, but simply publishing one is not enough. I create ebooks and market them as well. Only then I am able to make a living from it. So yes they are profitable and I am a living proof of that.

Are ebooks in demand? ›

The eBooks market worldwide is expected to generate a revenue of US$14.61bn by 2024. This projection indicates an annual growth rate (CAGR 2024-2027) of 1.62%, resulting in a projected market volume of US$15.33bn by 2027. It is predicted that the number of readers in the eBooks market will reach 1.1bn users by 2027.

Top Articles
Latest Posts
Article information

Author: Dan Stracke

Last Updated:

Views: 6184

Rating: 4.2 / 5 (43 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Dan Stracke

Birthday: 1992-08-25

Address: 2253 Brown Springs, East Alla, OH 38634-0309

Phone: +398735162064

Job: Investor Government Associate

Hobby: Shopping, LARPing, Scrapbooking, Surfing, Slacklining, Dance, Glassblowing

Introduction: My name is Dan Stracke, I am a homely, gleaming, glamorous, inquisitive, homely, gorgeous, light person who loves writing and wants to share my knowledge and understanding with you.