Thursday, November 11, 2004

Selling eBooks for Maximum Profit

I've spent the last few hours trying to find my next product to sell using Google AdWords. If you look through the Clickbank marketplace, there is just so much to choose from. Lots of great eBooks that I would personally love to own, and the authors give you on average 50% of the selling price as a commission. Some go to as high as 75%

That got me to thinking. If you're an author of an eBook, you have 2 ways to make money. You can sell your book yourself, and get 100% of the price. Additionally you can list your book with Clickbank and give up 50% or more. Why would somebody want to give up half the profits for their hard work?

Simple. Thousands upon thousands of independent business people are Clickbank affiliates, and automatically an affiliate of every author that lists there. So those authors in effect have a sales force that is ready, willing, and able to find buyers for the books. Would you rather sell 100 copies of a book that costs $47.00, and keep all the money? Or would you rather have 100's of other people sell a total of 1000 copies of the same book, and keep half the money? I know which I'd choose.

Of course, until you have that eBook written, you don't earn any money at all, except by selling somebody else's creation, which can be a challenging task, and that's where this discussion is headed.

The people that make the big bucks online have certain characteristics. Most of them have contacts, in other words they know people that will make them money. That might be a mailing list full of people that trust them, many of which are waiting to spend money on the next product that they announce. Or they might have a much smaller list of other professionals that they can create a joint venture with, who will announce the product to their list in exchange for a piece of the profits. Without your own big list, you need to work with people that do have the lists.

But most of all, the successful people have created something of value. That could be a software product, a full fledged eBook, a smaller report of value, or even a hard copy publication.

Do you have the ability to create a product? Many people will answer that question negatively, but you really shouldn't short change yourself. You'd be surprised if you read the biographies of the people who have become prolific writing eBook after eBook, software product after software product. Many times, they didn't even create the product themselves.

Today I'd like to introduce you to an exciting opportunity. There are 3 very special products that will help you become one of the Internet movers and shakers. If nothing else, you should visit the web sites that I list below, even if you want to leave your credit card in the other room. Trust me, you'll become very excited and have a much higher opinion of your potential after visiting these sites.

First, here's a guide to writing your own eBook in as little as 7 days, it's title is (appropriately) "How to Write and Publish Your Own eBook ... in as Little as Seven Days" by Jim Edwards. This has been a best seller for years, and is highly recommended.

The next resource that will leverage your time, and enable you to spit out best sellers as quickly as you can think of them is called "Ghostwriting Goldmine". If you have ever wondered how some people have time to create so many products, or so many different web sites, this is how many of them do it. They hire others to do it for them, and take all the credit and most of the money. This report is a real eye opener. If you don't have the time or confidence to create your own product(s), this is what you need to look at first.

And my final recommendation for the day is the priciest (but something that could start you on a new career). It's called "How to Write a Book on Anything in 14 Days ... Guaranteed!", and will show you how to create best sellers for any market, fiction or non-fiction, hard copy or downloadable, personal or professional. If you think you're not capable of creating the next "Chicken Soup" empire, maybe you should read about this product before you turn off your computer for the day. This formula will work for you even if you're "only" looking to get published so that you can advance your professional career.

That's it for this time, good luck and have lots of fun!