Way
No 5 - Publish A Kindle eBook
Publishing
a Kindle eBook is another simple way of generating consistent passive
income.
Did
you know that Amazon.com is the biggest competitor to Google than any
other search engine like Yahoo or Bing?
More
shoppers try to search a product on Amazon than on any traditional
search engine.
When
people want in-depth information on a specific topic, they don’t
search for blog posts on Google but instead, try to find a highly
recommended book on Amazon.
Your
aim should be to leverage the power of Amazon.com’s growing
outreach and popularity to generate a stable passive income source.
Suitable
For -
People
who have in-depth knowledge on a certain topic or love to do research
and explain it in an easily understood from.
Skills
Required -
1.
Ability to provide detailed insights on a particular topic.
2.
Ability to provide some extraordinary tips for solving people’s
problems.
Time
Required For Creating An eBook -
The
time required completely depends on the creator of the eBook. What
topics he/she wants to cover? How many details does the creator want
to include?
These
are the important factors that define the time required.
Tips
-
1.
Research, research, and research. It is the key to successful Kindle
eBook product. Research about what people are looking for in the
domain related to your eBook's topic.
For
example, if you are creating an eBook on ‘Yoga to lose weight' look
for how many people are looking for yoga exercises to lose weight on
the internet and Amazon? What are their expectations from a book?
You
can easily conduct this research by studying the comments, reviews,
and popularity of the existing competitor's books on Amazon.
2.
Write for one reader. When you know your ideal reader, you know how
much he/she already knows. You can avoid boring him/her with obvious
information, and you can provide exactly the information he/she’s
looking for.
3.
Check out how many people are asking questions on the topic you have
chosen, using websites such as Quora, Yahoo Answers, and WikiAnswers.
More questions mean more people are looking for answers and that’s
a good sign.
4.
Look out for the market gaps in your selected domain. And see whether
there’s demand for some topic, see whether your eBook can cater
that demand.
5.
Visit Amazon.com and see how many books are present on your selected
domain. Are people buying those books? This will help you to
understand the demand and purchasing ability of the market in your
domain.
6.
Find a few friendly readers who match your ideal reader profile and
give them your first draft. Not only will they help make your book
better, it will also boost your confidence.
How
To Monetize -
Sign
up to Kindle Direct Publishing Program, with this you award exclusive
distribution rights for your Kindle eBook to Amazon.
This
will allow you to sell your eBook in all the countries where
Amazon.com is available giving it a massive exposure at launch.
Create
a small niche site on the related topic and promote your eBook
through it. The more eBooks you sell the more money you make.