Writing an ebook is a great way to make money online. Although there are millions of people who make money this way, there are millions of others who commit significant time and effort developing a great product, but fail to generate any sales at all. This can be very discouraging.
Although there is no guarantee that any product you create will sell, there is one way to give your product the best chance possible. You need to research your topic BEFORE writing a single word. Do a search to determine what kind of demand exists for products in that particular area. I can almost guarantee you that your ebook on ‘How to Raise Penguins’ will not make you rich. That’s because very few people are interested in raising penguins. On the other hand, your ebook on ‘How to Cure the Common Cold’ may make you very very wealthy in a matter of hours!
As you can see, certain subjects sell better than others. If your product is on a hot subject that is in demand, you will generate sales. If it is in a genre that does poorly, you will find it difficult to make money.
As a general rule of thumb, fiction ebooks do not usually sell very well unless your name is Stephen King. If you are interested in creating a work of fiction, you might be better off by considering one of the more traditional publishing methods.
On the other hand, certain types of non-fiction are great sellers. ‘How to’ ebooks with mass market appeal sell very well. Mass market appeal means that people all over the world are interested in that subject. Some of the best selling topics instruct you how to; build something, solve a common problem, cure something, or start a business.
Collectors and hobbyists are also big ebook buyers. If you are knowledgeable in this area and have an interesting angle, you may have a best seller on your hands. Collectors and hobbyists are very active buyers if you can find the right topic.
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