Archives for February, 2011

28
Feb

How to Write, Sell and Profit from Writing an E-book

The publishing world has always been a hard one to break into and lately, it seems to have grown even more difficult as it has become more glutted with would-be authors and writers.  For those frustrated with the lack of break through, finding alternative means in the form of e-books is a God-send.  For others, writing e-books is a fairly quick and simple way to make some cash, especially if you have a knack for writing them or know someone else who does.  E-books are popular to produce nowadays; they are generally made up of pre-written articles or they are simply fun to write and because they cost nothing to produce, they start making profits from the get-go.

If you want to sell e-books for money, there are a few ways to go about it.  The most profitable way is to sell them through your own website.   Write e-books on things that people are always searching for knowledge on (health, wealth, and sex are the three most popular topics; though if you write them well enough and market them properly, you can write on just about anything you feel passionate about) and make sure that they are easy to follow, enjoyable to read, and effective.  Then, you simply sell them on your website and work on ranking your website high so that people will purchase your books.

If you don’t want to own a website, but you do want to sell your own writing, you can use sites such as lulu.com, amazon.com or other self publishing sites.  The main benefit is that you don’t have to worry as much about marketing yourself (though it’s still a good idea to do some legwork) and you can paired off with designers (if applicable) or design your own art for it.  Many of these sites also allow you to sell hard copies which is a good idea if you want to target both the e-book and the hard book markets.  However, these sites do charge a fee for use; either off your profits or a monthly/yearly subscription fee for services.

So which one should you use?  This is not an easy question to answer and largely depends on what you’re writing and how much time or money you have to market it.  If you want to write more fiction, starting with a third party site is a good way to get everything you need done for you so you can concentrate on your writing.  If on the other hand you’re writing more info-e-books, then selling them yourself is a good idea because you can attach them to your existing website.  Plus, info e-books tend to be a lot cheaper than fiction e-books since there is more competition.

E-books are a popular way to make money online; they are fairly easy to put together, many people who normally hate writing may enjoy doing them and you can outsource at the very least the editing, so you end up with a nicely polished finished product that can be sold without having to pay for production costs.  They make an excellent addition to any information based site or you can base an entire home business on producing e-books on a given subject.  Whatever you decide to do with them, remember to enjoy making them and choose the right platform to sell them on.  With proper marketing to follow, you’ll soon be making a decent amount of money to put back into your online business or into your home.

28
Feb

How Much Do You Know About Making Money Online?

[SURVEYS 1]

27
Feb

What Drop Shipping is and How It Works

Drop shipping is one of the most vaunted ways to make money online; it gives you the ability to be a merchant selling whatever you like without having to worry about inventory.  Drop shipping works like the old door to door salesman did; you are selling products on behalf of companies, but you get to get to keep most of the profits instead of just getting a sliver.  Plus, unlike those door-to-door salespeople, your ‘territory’ is the whole world!  Drop shipping has become increasingly more popular as the internet gets easier to manage and the trick has become not one of starting one, but rather becoming successful money makers online.

If you want to start a drop shipping company on the internet, you have your work cut out from you right from the beginning; drop shipping companies are full of scammy practices, deceiving people into giving up their time and money for next to nothing in return.  The first thing you have to do is choose wholesale distributors that are legitimate and have a good reputation.  You may also want to invest a bit of money in a good program to teach you step by step how to do everything so you get it correct right from the start.  Alongside your research legwork, you also need to figure out what to sell.  Books, electronics, and clothing are all popular, as are herbal medicines and movies.  Once you’ve figured out WHAT to sell and WHO to sell with, you next set up your website (this can be done with simple programs such as Microsoft FrontPage or you can hire someone to do it), get it hosted with a registered domain name, and then start marketing yourself!  Much of the selling process and paying back the wholesaler is automated, leaving you to simply update daily what was sold, to whom, and for how much so that the wholesaler can handle the shipping details.  You then get paid the amount of money owed to you after the initial price of the product (so for example, a computer program sold to you for $500.00 which you turn around and resell for $700.00 would net you a $200.00 paycheck).

Obviously, this sounds easier than it is.  Much of the legwork is done in the initial planning stages and then in marketing.  There are a lot of options for marketing out there and taking advantage of as many of them as possible will be the key to your success.  However, after a couple months of hard work, you may find that much of your profits becomes automated; people are coming to your shop to buy things and all you have to do is maintain your website and a presence online.  In fact, the idea behind most drop shippers is that over time, you can quit your normal job and move solely online.

It takes work, but drop shipping to make money online is a good way to go about it, especially if you enjoy selling a certain kind of product and want to share your passion to the world.  There are plenty of comfortable well off merchants using this system to show that it works and a few extremely wealthy ones; for example, Amazon, Best Buy and other mega-online stores started out doing just this and still use this model.  However, like any successful online business deal, you have to have a good plan, do your research and then market it.  When you do that, you’ll find that you can make great money online and work from home selling and talking about things you enjoy.

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