Reasons Why People Fail to Make Money With eBooks?

Mika

VIP Contributor
There are numerous benefits of publishing books, for example...

You earn lifetime royalty. If your ebooks become a best sellers, you will earn a lot of money

You work on the ebook only once but your ebook will continuously generate income

Book will establish you as an expert, ebook adds credibility to your portfolio.

Sadly, not many people can make money from ebooks because...

They don’t know what topics to cover in the ebook.

They don’t know how to create a great ebook.

They don’t create a professionally edited and professional designed ebook

They don’t know how to sell ebooks.

Writing an ebook means you are on the first step of the ladder. You still need to climb a lot of stairs to start selling ebooks. Once you have written an ebook, you need a professional editor and designer, packaging is as important as the product inside the package.

SEO and digital marketing, both are a very important aspects of selling ebooks.
 

Jasmine

VIP Contributor
One of the main reasons why people don't make money with ebooks is they don't publish on the right platform. There are a lot of publishing platforms, however, this does not mean you will be selling ebooks on each of these platforms. You can publish ebooks on Etsy or even Koji, however, Amazon is a better market for selling ebooks. In fact you can sell the same ebook as a paperback book on Amazon, which will double your profit. Marketing is another reason why people fail to make money with ebooks. YOu can publish for free does not mean you will also make money without spending any money in marketing. Get ready to spend at least $100 in ads before you start generating any revenue from your book. Third reason is your book is not good. if your book is not good people will leave bad review or never leave reviews and this will affect your sales.
 
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