How to Make Money From a Free E-Book

Do you want to know how to make a lot of money? Give something away for free!

It may sound crazy, but it’s actually a proven strategy on how to make money from a free e-Book that has been a hallmark of the business since time immemorial.

Think Starbucks – you will often pass by one of their stores and find that they are handing out samples of their various coffees or pastries. Of course, the reasoning behind this is that you will be able to see how delicious they are and then think about visiting them in the future. 

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In other words, they are showing you their worth so that you are more interested in participating in the future.

Bloggers always do this too: by providing free content on your website, you demonstrate the value you are able to offer and this, in turn, gives your audience one more reason to want to buy from you when you tell them you are selling. a product, a course or an e-book.

But why not go even further with it… why not give the e-book away for free?

How to Make Money From a Free E-Book

What Are e-Books? 

Ebooks are, well, books. But in a format that can be delivered or downloaded online. You can write them yourself, hire writers, use public domain content, and create your own eBooks from many sources.

Tips for Making Money with your e-Book

1. We recommend that you write about something that really interests you, rather than just picking a topic that you think will make you money. If you have an idea for a book and think it would be something you would buy yourself if you saw it in a store, you have a winner.
   
   Your readers will be able to tell if you are passionate about the topic and it will be much easier for you to write the words on paper too. Pick a topic that really interests you, but that said, it’s also worth looking at what they sell.
2. Write your eBook to a high standard. The more time and effort you put into your eBook, the better it will be and therefore the more you can charge for it.
3. Another ways to make money online is to to create a high-quality eBook, you need to be willing to spend months (or even years!) Writing it and then proofreading and editing multiple drafts until you’re up to it. Using free software to edit your ebook can go a long way in improving its quality.

We recommend that you download Grammarly to make sure you type without spelling or grammar errors. And try to get feedback on your writing from as many people as possible along the way.

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Monetizing Your e-Book

Marketing Your e-Book

There is a dirty little secret in the world of traditional publishing. Publishers generally do not actively market or promote the vast majority of the books they publish. Only those from successful established authors receive this attention.

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The most popular market for selling your eBook is Amazon. Amazon currently has more than 300 million people using its site. This is a HUGE market to sell. But even if you only get a small fraction of those who buy your book on a monthly basis, that’s a lot of residual income.

With Kindle Direct Publishing (KDP), you earn a 70% royalty on every book you sell.

Develop a marketing strategy for your eBook

Just as it is worth taking the time to write your eBook to the highest possible standards, it is also worth devoting a good portion of your energy to marketing your eBook.

To make money from your writing, spreading the word is so important and marketing your eBook doesn’t have to cost you a dime.

For inspiration, take a look at how your favorite authors are presented online. Often with successful writing reports, you’ll see a good balance between posts about everyday life as a writer, with promotional posts about his books interspersed.

How to Make Money From a Free E-Book: Start a Blog

Nowadays, you have to have a blog, you can learn how to start a blog here.

If you do any kind of job for which you want to be recognized by someone other than your friends and colleagues, you need to have a website.

Confused? Not be! We will be using Bluehost which takes care of everything from domain name to design templates. The best part is its 1-click installation for WordPress, so you’ll be up and running and ready to start posting for the whole world in no time!

In addition to this, it is also worth start a blog with your portfolio of writings that links to where to buy your e-book.

You should also promote your book on your blog, be active in forums related to the topic your book is about, and tell people about it, and if you have a mailing list, be sure to promote it there as well. 

The easiest way to do this is to start a WordPress.com site. It’s free and easy to set up.

If you can, I recommend spending $ 2.99 per month to get a custom domain from Bluehost. 

This way you can have www.johnsnow.com instead of www.johnsnow.wordpress.com.

Seems more professional the first way, don’t you think?

Start sharing tips and advice related to your niche.

If healthy, organic dog recipes are your niche, start sharing some recipes that aren’t in your ebook.

Show pictures of cute dogs.

Talk about which foods are healthy for dogs and which are not.

The Power of Social Media

Social media is a very powerful marketing tool, so setting up a professional account focused on promoting eBooks published on major platforms like Facebook, Twitter, and Instagram is a must. There are many paths you can travel when it comes to social media.

The two giants are Facebook and Twitter.

• Create a Facebook page.
• Start a Twitter account.

Anything getting posted on your blog should also get posted on Facebook and Twitter. From there, you can do a few things.

• Get involved on Reddit
• Answer questions on Quora and get a good answers to your searched information
• Make money online also through information on Quora. Follow us here
• Do guest posts on other niche blogs or on sites like Huffington Post and Inc
• Create an Author Profile on GoodReads and Amazon Author Central.

The more places you can get your name out there, the better shot you have of becoming a success.

Publish a series of eBooks

If you’re publishing a successful ebook and find yourself with a growing audience, you might consider writing an entire text series built around a single character or theme.

The best way to approach writing an e-book format will depend on the nature of your work (ie fiction or non-fiction), and respect your instincts about what works for you. Ask yourself if it would be a natural progression for your eBook to become part of the workflow.

Why This Plan is Just Crazy Enough to Work

The fact is, we’re now used to getting free content when we visit websites. It’s nothing new, it’s not exciting, and we don’t tend to get particularly excited. However, on the other hand, we are used to paying for our e-books.

So when someone sends you a completely free ebook, when you find one online, or when you find one on Amazon, you probably download it.

And this is especially true if it sounds really good and you really believe it can help you lose weight / make money / find love or do whatever it promises to do.

Conclusion

So now that you understand why e-book selling and how to make money from a free e-Book, it’s time to get started.

Find out what kind of e-book you want to sell, where you will get the content and then sell it, and how you will market it online.

It is a low cost, low risk trading opportunity that has a huge advantage!

There is something you are aware of that can turn into a few thousand words that someone is willing to pay for.

Happy writing!

Have you made money writing e-books?  Any tips or recommendations?

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