How to Make Money Selling Ebooks Online (2024)

Does the idea of publishing a book excite you but also make you slightly intimidated? Writing and publishing a book is no small feat. It often involves literary agents, publisher meetings, and strict deadlines.

How to Make Money Selling Ebooks Online (1)

Still, there are other ways to publish a book and sell it quickly. Ebooks are just as popular as print books, and it’s easier than ever to self-publish a book to sell online.

Since ebooks can be delivered or downloaded online, you can sell them to anyone and won’t have to worry about shipping or geographic constraints. Plus, you get the chance to share your unique story with others and develop a semi-passive stream of income.

Want to know how you can make money selling ebooks online? You don’t have to be an amazing writer or public figure to get started. Here are some key steps to take.

1. Narrow Down Your Topic

This is the first and most crucial step when it comes to creating your ebook to sell. You need an initial idea. This can be based on your area of expertise, life lessons you’ve learned, or story ideas in which you think people would be interested.

If you have a blog or specific experience in a particular area, you can always write a how-to or self-help book based on a topic you know all too well. Have interesting stories about overcoming certain obstacles in your life? Turn it into an inspirational ebook.

Remember, you can write a fiction book as well and create your own engaging storyline. Some of the most profitable fiction genres for ebooks include romance, mystery, horror, science fiction, and fantasy.

These genres also tend to sell better from independent self-publishers than traditional publishers.

2. Outline and Write

As soon as you confirm your genre and what the book will be about, start outlining and writing. Creating an outline will help you organize your thoughts and determine what you will include in the book and when.

Having a detailed outline can help make the writing process run more smoothly and allow you to narrow down the plot and determine where the story will go.

The writing part is where most people start stalling and fall off track. If you never finish your book, you never get to sell it and share your story with the world.

It’s best to give yourself a deadline when writing your book. Luckily, ebooks are often shorter than traditionally published print books, and you can generally write your ebook in 30 days or less.

My friend Michelle Jackson wrote her first ebook in just seven days and made nearly $2,000 in the first six weeks of publishing it online. She now teaches others how to develop and market their ebooks online. The authors she mentors with her program have gone on to grow their brands, connect with new communities, hit No. 1 for their niche on Amazon, and experience other huge milestones as a result of self-publishing their ebooks.

Michelle says people should not wait to create their ebooks because others are waiting to learn from you, be entertained, and see you shine in your expertise.

Related Content: How to Create an Ebook in 1 Month As a Busy Mom in 7 Steps

3. Edit and Polish Your Book

After you’ve written your ebook, you can self-edit it or work with an editor. There are plenty of free tools you can use to self-edit your book. Grammarly is an app (with a free and paid version) that will check your writing for grammar and spelling issues.

The Hemingway App Editor is free and will make sure your writing is bold and clear. This editor assesses your writing to determine the overall readability and will suggest ways to improve your tone, active voice, and sentence structure. You can also use Canva to design the cover of your ebook easily as they have tons of templates from which to choose.

As you can see, you don’t need to be an award-winning writer to publish a quality ebook. Just get your ideas and experience down on paper, then use an editing tool or professional to help you polish your book.

4. Get Ready For Publishing

The best part about writing an ebook is that you can publish it yourself with no hassle.

“I’ve never read a book that solved a problem, entertained me, or inspired me and thought … Hmmm, was this traditionally published or self-published?” Michelle said.

To her point, readers don’t care how the book was published. They care more about the topic, how it will help them, and how easy the ebook is to access.

When it comes to self-publishing your ebook, Kindle Direct Publishing makes it easy to do this even if you’re not technically inclined. Kindle Direct Publishing allows you to reach millions of readers via Amazon’s platform. Here’s what you get:

  • Quick and easy publishing (your book will appear on Kindle stores within 24-48 hours)
  • Set your own prices
  • Earn up to 70% in royalties from each sale to customers around the world
  • Free to get started

5. How Kindle Direct Publishing Works

There are two different publishing options to consider: Kindle Direct Publishing and KDP Select. Both options will allow you to market your ebook to the millions of Kindle owners, along with readers who use Kindle on their devices. You will also be able to receive 70% royalties for the books you share on either platform.

The main difference is that KDP Select requires full exclusivity, meaning you can’t sell your ebook anywhere else.

All KDP Select books are included in the Kindle Owner’s Lending Library, which is free for people who hold an Amazon Prime Membership. Whenever your book is borrowed, you’ll still earn a small commission.

Whether you choose Kindle Direct Publishing or KDP Select, publishing your ebook is easy. Simply log in or create an account. Then, upload your book content and cover. You can also add a description of the book along with keywords and the genre so readers can easily find it during a search.

Once you get a free ISBN number, your book is ready to be published and should be live in the Kindle Store within 24-48 hours.

How to Make Money Selling Ebooks Online (2)

6. Marketing and Selling Your Ebook

Once you publish your book and market it, you can start to generate regular sales and passive income. No one is going to know about your book if you don’t market it, so be sure to spread the word.

You can start by optimizing the description and keywords when you publish your book via Amazon’s Kindle platform. Make sure you think about user intent and what potential buyers would be searching for when it comes to your book.

For example, if you’re writing a book about how to RV for a full summer with five kids, you’ll want to narrow down keywords that people may be searching for if they’re interested in reading about this topic.

Don’t forget to ask for reviews early on. If someone buys your book on Amazon, they will already be prompted to leave a review. However, you should ask a few friends, colleagues, or social media acquaintances to read your book and submit a review as soon as you release it. This will prompt other people to buy your ebook as well.

Michelle advises authors to start an email list and publish books often to keep sales flowing.

“The vast majority of authors publish a body of work vs. just one book,” Michelle said.

Michelle turned her first romance ebook into a six-book series and established an email list so readers could keep up with new book releases.

“The best thing about having an email list for your book is that you already know the subscribers are fans of your work and are eager to hurry up and finish the series,” she added.

Other fun ways to market your ebook and increase sales include:

  • Hosting a giveaway on your website or social media
  • Being an expert guest on a few podcasts that are related to the theme of your book
  • Collaborate with other authors in your niche
  • Using your book to leverage speaking gigs
  • Adding affiliate links in your book to boost passive income (Note: Don’t add Amazon affiliate links to your ebook)
  • Utilize holidays and special events to drive sales (i.e., a Black Friday sale)

Related Content: 5 Quick Tips for Promoting Your Self-Published Book Through Social Media

Conclusion

Selling ebooks online is a great way to make money from your expertise and exceptional story-writing skills. Find out what the market is missing and how you can provide value, solve a problem, or simply entertain with your ebook.

Don’t take too long writing your ebook, or you’ll never make any money. Instead, focus on utilizing the easy publishing tools mentioned in this post and develop a marketing strategy to help you generate passive income over time.

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How to Make Money Selling Ebooks Online (2024)

FAQs

Is selling ebooks profitable? ›

Yes, ebooks can be profitable, but success depends on factors such as quality of content, effective marketing, target audience, and pricing strategy. With lower production and distribution costs compared to traditional print books, ebooks have the potential to generate decent profits if properly executed.

How much money can you make creating an eBook? ›

Amazon is one of the largest online platforms for selling digital ebooks. Publishing your own ebook is one of the most popular ways to make money on Amazon, which can potentially make $1000+ a month. Ebooks on Amazon are published using Kindle Direct Publishing.

What ebooks make the most money? ›

The most popular categories for best-selling fiction books are as follows:
  • Romance.
  • Crime/Mystery.
  • Science fiction/fantasy.
  • Horror.

Can you sell ebooks legally? ›

The reselling of eBooks is subject to copyright laws, and without permission from the copyright owner, it is illegal to reproduce and sell copyrighted eBooks.

How much does the average eBook sell for? ›

The average price of an ebook ranges from $9 to $19. But many ebooks sell for $5, and others have a price tag of $100 or more. How can that be? With other products, especially physical products, the cost of production is usually the culprit.

Are Amazon ebooks profitable? ›

Yes, you can indeed make money from selling ebooks on Amazon. The amount you can expect to earn per ebook sale depends on several factors, including the price of your book and the royalty rate you choose.

What 30 year old makes $1.8 million self-publishing on Amazon? ›

making $1.8 million in a year self-publishing on A... Dakota Krout was a newly married full-time student ... Nobles and several other online stores. Everyone who reads it seems to like it.

Can you make a living writing eBooks? ›

Writing and publishing eBooks is a great way to earn money from your writing because you can write them on your computer then digitally publish them. This leaves you free to keep on writing more eBooks. You can also earn money online selling other people's eBooks.

How much Amazon pay for ebook? ›

Public domain eBook sales pay a 35% royalty. If you also have a physical edition (e.g., a paperback), the list price of your eBook must be at least 20% below the price of the print edition in order to qualify for the 70% royalty.

What eBook niche sells the most? ›

Love and relationships are one of the most popular and profitable ebook niches. People are always looking for advice, tips and guidance on how to find, attract and keep their ideal partner. They also want to learn how to improve their existing relationships, overcome challenges and deal with breakups.

What eBooks are people buying? ›

In the US, a diverse range of eBooks finds success, but some genres consistently perform well. Popular categories include fiction genres like romance, mystery, and science fiction, as well as non-fiction genres such as self-help, business, and memoirs.

Who is the richest eBook writer? ›

The writing world is abuzz about Amanda Hocking, the 26-year-old self-published author who sold over 450,000 copies of her e-books in January alone, mostly priced between 99 cents and $2.99. She's now a millionaire.

Do you need an LLC to sell ebooks? ›

You may be growing your author business or you may have that runaway hit. If your book royalties and/or business revenue are more than $10,000 per year, or if you're certain you're going to generate $10,000 or more from book royalties and/or business income, then you may want to set up a corporation or an LLC.

How to sell ebooks for beginners? ›

One of the easiest ways to make money selling ebooks online is to use an ecommerce platform designed for selling digital products. There are a lot of platforms that will allow you to do this, but our top recommendation is Sellfy. It's an affordable platform and it's very easy to use.

Do I need a license to sell ebooks? ›

If you're selling digital products or services, you may need to obtain a seller's permit. This allows you to collect sales tax. It's sometimes called a “sales tax permit” or “use tax permit.” It's separate from your business license: you'll likely need both a business license and a seller's permit.

Is selling eBooks passive income? ›

Step-by-step mini guide to sell ebooks for passive income

Creating digital products like ebooks is one way to get there. I've been making a steady income from ebooks for the past few years! This is 100% passive income which means I make money in my sleep and I earn income without any ongoing maintenance or work needed.

How much do eBooks make a year? ›

Ebook sales revenue per year
YearEbook sales revenue ($ million)Total publishing revenue ($ billion)
2022$1.95$28.10
2021$2.13$29.33
2020$2.24$26.11
2019$2.01$26.04
2 more rows
Jun 7, 2023

What sells more books or eBooks? ›

While it can be fun to think about embracing the future and releasing an eBook, remember that according to consumer research, 74.7% of book sales still come from printed books, while eBooks only account for 7.48% of the market. In this guide, we're going over everything to know about eBook vs printed books.

Do authors make more money from eBooks or print? ›

Self-published authors receive royalties on a monthly basis, with a delay of about three months on the sale. eBooks bring in more royalties than print books, so you may find a lot of self-published authors only offer that format.

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