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5 Tips To Making More Money With Less Work By Writing An Ebook
By Ellen Violette
1. When you write an ebook you’re the publisher-that means you can set the price. So you can sell your ebook for $17, $27 , $47 or sometimes much more depending on your niche. It's up to you to decide if you want to keep the price lower or make more money and set it higher-within the going range.
2. By finding other markets to sell to (other than your original target market) you can make more money with little or no work. Sometimes all you have to do is change the title of your ebook and it will be perfect for another market. Other times you may have to add a chapter or two, or just change a few words in each chapter and you can double or triple your profits!
3. You can also continually upgrade the same information, repackage it and resell it. So you can turn your ebook into an audio product and sell it for $67 or $97 and you can add a three-ring binder for even more perceived value. You can also turn the same information into a home-study course and sell it for anywhere from $197 to $497 or even more.
4. You can increase your prices by adding valuable and relevant bonuses. Sometimes people even buy a product just to get that special bonus that they really want to have.
5. And you can add an up sell to your ebook. So when someone comes to buy your ebook you could include another product and charge another $10 to $20 dollars for it which will significantly increase your bottom line.
So always be thinking about ways to make more money from your ebook. If you just write one ebook and then move on to anther one, you'll be leaving a lot of money on the table and working a lot harder than you have to!
Ellen Violette, The eBook Coach, is the creator of the Quick-Start 3-Day eBook Authoring Workshop which teaches people how to author an ebook in 72 hours or less..Guaranteed! She is also the creator of eBook Profit Marketing Secrets a step-by-step guide to building a profitable ebook and information business online and co-author of Sell More eBooks, Low And No-Cost Tactics To Explode Your eBook Sales And Downloads with Internet Expert Jim Edwards. Ellen has also written The eBook Journal For Authoring Success and more. And, she is a Grammy-nominated songwriter.