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| Ebooks are usually in PDF (Portable Document Format) form. |
To top it off, these eBooks, which the sellers advertise as being chock-full of secrets, often consist of common knowledge. If these people can make so much money by writing an insufficient eBook, imagine how much you could make by writing, marketing, and selling an eBook that actually provides value to your customers.
Unfortunately, many freelance writers shy away from writing eBooks. I did my best to stay away from eBooks, too, until I found out how much other freelance writers were making from their eBooks. Now, one of my many goals for 2011 is to create my first eBook, and here are the reasons why.
Money, Money, Money. Did I Mention Money?
Believe it or not, there are people who can sell their eBook for $50 to $100. These people bank $1000 by finding only 10 to 20 buyers. Of course, you aren't going to find too many people who are willing to buy an eBook with money they can use to pay their electric bill. Yet achieving 20 sales is definitely possible if you're an aggressive marketer.
If you can't find enough customers to buy your $100 eBook, you could always try pricing it at $10 to $25. By selling 100 eBooks, you could make $1000 to $2500. Pretty good for a 10 to 50 page eBook, right?
Yet to achieve 100 sales, you do have to spend many hours marketing your product. When pricing your eBook, always take into account how many hours it took you to write it and how many hours you plan to spend marketing it.
Stop Looking Like a Wannabe!
Unless your niche is "How to end the world with a pencil," you probably have at least some competition as a freelance writer and a blogger. People probably see your competition as individuals who are very knowledgeable when it comes to their niche. Because of how people view them, your competition probably have many high-paying gigs and readers.
As a freelance writer and blogger, you want people to see you as someone who is credible within your designated niche. People are going to choose someone who's already established in the health niche over someone who doesn't seem to have any credibility. Fortunately, you can gain some of this credibility by writing an eBook.
Think of it this way. By writing an eBook, you will send people this message: If she has the knowledge to write a quality eBook, she probably knows a ton about health.
Want More Freelance Writing Gigs?
Do you typically stick to writing articles or blog posts for clients? Why don't you branch out to writing eBooks? Some freelancers are able to charge clients $25 to $200 for just one page. Imagine writing an eBook for a private client who demands 100 pages. That's $2500 to $20,000 for an eBook!
If you want to get these eBook writing gigs, you should have an eBook of your own. Why would a client trust you to write an eBook if you've never written one before? If you write an eBook, you might even have businesses asking you to write one for them.
It's Not So Easy
Don't think you can just slap up an eBook to get all these benefits. With some marketing, you might be able to make money by selling a bad eBook. Yet creating an awful eBook won't improve your image, nor will it help you land more gigs.
Writing a good eBook is not easy, not to mention that the marketing will eat up a lot of time, especially if you don't have a presence online. Yet the effort you put into creating an eBook should help your freelance writing career progress more rapidly. Whether you write an eBook or not, if you're not willing to work hard, you're probably not cut out to be a freelance writer.
Are you thinking of writing an eBook?
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