As an online business owner, you can increase your revenues by selling digital products such as ebooks. There are many benefits that are associated with selling ebooks.
Firstly, there are no printing costs. After the eBook has been created, you can instantly sell it on the Internet. The best part is, you get to keep 100% of the revenues.
Secondly, there is no need to deal with inventory. Many authors hate printing books because it’s hard to predict the exact number of copies that they will actually sell. By selling digital ebooks, you don’t have to make that decision. There will never be excess inventory.
Thirdly, it’s easy to distribute an ebook. You don’t have to worry about shipping and returns. If there is a request for refund, simply refund the money. No shipping and handling required. You can sell as many copies as you like and keep all the profits.
However, anyone who has ever written a book knows that writing a book can be very time consuming. Just think about all the steps that are involved in creating a book.
1) Brainstorming for ideas – you need to write down all the ideas. Some will be good enough for you to use in your book.
2) Organization of ideas – the idea selection process can be a tedious one. You need to start organizing your ideas for the sake of presentation – which idea goes into which chapter.
3) The actual writing – you must be disciplined enough to sit down for a few hours each day to do the actual writing. A book can take weeks (sometimes months) to complete.
4) Editing and proof reading – you need someone to edit and proof read your work. Then it’s back to the writing room, where you start making revisions. Usually, a book takes about three to five rounds of revisions before it can be published. The revision process is also very time consuming.
As you can see, a lot of time and effort is needed to create a book. The entire process, from start to finish, can take months. That is why even though the eBook business is lucrative, many online business owners fail to produce their own ebooks. The main reason? A lack of time.
To overcome this problem, you may hire an eBook ghostwriter to create an eBook on your behalf. The ghostwriter will do all the research for you, and write the eBook for you. Different ghostwriters charge different rates for their services. Some charge 2 to 3 cents per word. Others charge by the number of pages written. Expect to pay between $100 to $300 for a decent quality ebook. That is a small price to pay. You can make many times of that amount if the eBook sells well.
Don’t just release the eBook that is written by the ghostwriter. Run through the book and see if there is anything you wish to add. Usually, the eBook requires additional editing and formatting before it can be released.