Selling Books Online To Make Money

by Sherrie Christie


Posted on 22-05-2020 08:09 PM



4 Ways To Make Money On The Internet With Books

There are a lot of methods to get rich online, and one of them is to write, publish, and sell your own book.  The best format being an electronic book ... an ebook.  When you sell an ebook, you are not simply selling a book. You writing about and selling what you understand.  Your ideas, concepts, acquired knowledge and experience.  What you are selling is information.  Numerous non-authors or individuals who have no technical know-how in writing have actually revealed that they have released their ebooks and made money doing so. 

In selling your ebook, you can't simply put it out there and expect that thousands of people are going to immediately purchase.  It requires actually learning how to market and sell your ebooks on the internet.  When you begin to make cash by selling information, you absolutely will not desire to stop. A number of successful ebook authors and sellers have actually gotten rich.  As you begin selling your ebooks, you can get your previous purchasers to write their endorsement or testimonials for you and your ebook.  These will help to increase the number of ebooks you sell.

(1) Why Now Is A Good Time to Self-Publish A Book

Of course, before you can begin selling an ebook, you need to write and publish a book.  Once you have your edited manuscript and presentation in hand, it’s time to launch into the publishing process. You have two choices for how to publish your book: with a publishing house or through a self-publishing service. If you have an extremely well developed readership and don’t mind doing a lot of legwork for marketing, self-publishing may be a good choice for you. Self-publishing allows you to keep a greater percentage of the money earned from each sale, but the trade-off is that all marketing for the book will be on you.

In 2019, more than 689 million printed books were sold in the USA alone. Digital downloads of ebooks, although still slightly less than printed books,  came to the billions, and readers are as voracious as ever according to the Association of American Publishers. If you’ve ever thought about writing a book, now is definitely a good time. When you’ve written your book, and gone through several rounds of edits, it’s time to unleash your masterpiece on the world. A publisher will help you to market your book to the right audience, get into mainstream bookstores, and promote your writing career on a professional level.

You want to include in your book contract that you have exclusive rights to any and all electronic formats for your book, including ebooks.  If you’re a writer, you will want to sell your own books instead of someone else’s. This not only requires good knowledge of self-publishing and marketing..

(2) Best Places Online To Sell Used Books

I was as amazed, as you might be, to discover that used and out-of-print books are important and some are even super-valuable. Why should an easy kid's book be worth so much cash? Since it's "collectible"? Since it's a kids's book?  Certain books are important due to the fact that somebody desires it and wants and is able to pay the cost to own it.

At one time the 'market' for rare and collectible books included a couple of hundred popular and extremely rare books and collectors who gradually and laboriously gathered books in their specialized area. It wasn't too long ago that collectors desired gathering every book and piece of ephemera by a specific author or within a specific category. A collector looking for a specific book went to stores in remote corners of the world hoping to stumble upon the book they desired.

Collectors can be found in all shapes, sizes and interests and they are all over the world. Need is substantial and you'll be shocked at the price at which used books will sell. That does not suggest there aren't sluggish times.  Books move really quickly into the hands that desire them.  You'll also find ready and eager buyers for used textbooks.

The Internet has actually included liquidity to the rare and collectible book market. And liquidity is really essential for any market. All it indicates is that, when you're all set to sell there is a purchaser, prepared and able to purchase your offering.  The Internet has actually increased the speed aspect of selling and buying. Individuals are buying and selling books at a rate of speed that appears extraordinary by comparison to less than a decade ago. Countless books are being traded daily.

Books record the history, ideas, sensations, views, viewpoint, faith and dreams and conceptions of males and females who lived prior to us and who cope with us. Books have actually influenced the way we think and live our lives.  Books have an unique place in our lives makes them more than 'collectible items'. They are a financial investment in the past and the future of the whole of mankind. 

You might be wondering if you can get more money if you sell your old books in person, or in a local store. For the most part, we’d suggest selling online. The main reason for this is that places online that buy your books tend to have fewer overheads. And, as a result, it means that they can offer you more money than a brick-and-mortar place.

Book Scouter

I like to start with bookscouter.com. Bookscouter says they’re just for textbook buyback, but you can also find prices of regular trade books. Book Scouter will tell you what websites will currently pay for each book you’re trying to sell. This will give you a good idea of whether or not it’s even worth selling your books. Remember, all of these websites pay based on what they think they can sell a book for, so books with higher demand will sell for more.

Most sellers follow a similar procedure when reselling books. Find out how much the book in question is selling for.  When you come across a potential book to sell, hop over to Amazon and see how much it is currently going for. Book Scouter can help with this process as well and also tell you where you can get the biggest bang for your buck.  Keep in mind, you will need to pay Amazon's fees. That's usually around $2.35 + 15% of the sale price. 

After you've searched your ISBN, you'll see a display of a list of companies with offers for your book. Book Scouter users can rate and review each vendor with their feedback system. This rating is next to each vendor so you can sell your books with confidence.  Just plug their book ISBNs into Book Scouter, and it will show you how much 50-plus online book buyers are willing to pay for them. It even has a free mobile app that you can download. That's handy if you want to check thrift stores, yard sales, and estate sales for books that you can resell at a profit. Just scan the ISBN to see what a particular book is currently selling for and if it's more than what you can buy it for.  If so, snap it up and resell it. If you use this app, you'll know exactly how much you're going to make before you put up any money.

Amazon FBA

Smart traders in textbooks can make a profit by buying them in the summer when prices are low and reselling them in the fall when textbooks are in high demand. Others make money trolling thrift shops with scanners and smartphone apps that tell them the going rate for a book in the Amazon marketplace.

Amazon gives you a $3.99 shipping credit for each book. Amazon charges lots of fees on items that sell.  This is why you probably don’t want to sell an item for less than $3 to $5. Unless you sign up for a pro account, you will be paying amazon a fee of $2.35 + 15% of the item sale price. So, selling anything for less than $3.00 will not yield much profit.

The first thing you should do when you’re trying to figure out how to price your book is to research the market. This means checking out what books in your genre are selling for in different places and different formats. You’ll need to find out what books in your genre are going for online as well as in bookstores. You’ll also need to discover the pricing differences for each book format like hardcover, paperback, and ebook.

Globally, hardbound books are released mostly ahead of popular paperback editions by major publishers. They do so to maximize their profits as these hardbound books are priced quite steep in comparison to the popular paperbacks. However, in certain cases, they do release in mass market paperback editions.  This usually in cases where the paperbacks are by renowned, well-known authors, whose books are the most popular worldwide.

(3) Publish Ebook On Amazon Kindle Network

If you want to write and sell your own book on Amazon, I have one piece of advice for you above all others. You should get started. If you have a dream to write a book or start a business that can provide you with passive income, this publishing platform is a good one.  You may being wondering why should you, as an author or internet marketer, think about writing an ebook and publishing it on Amazon Kindle network?

Kindle Publishing enables you to sell your book on their network. If you will visit their network, you will discover a variety of books priced from 99 cents or higher. If you can produce X number of books within a set duration of time and sell them, you'll be making passive earnings.  The concern of providing or delivering your books to buyers is gotten rid of when you publish on Kindle. No requirement to pay merchants or any other 3rd party supplier to assist selling your book. All you have to do is write and publish.

Many people using the Amazon Kindle network have ebooks on numerous subjects, from getting started marketing the Internet to making cash affiliate marketing. Authors from different specific niches have actually released numerous books of helpful information for our everyday lives.  You'll find book on subjects such as handling your financial resources with ease, losing weight, to taking care of animals.  Subjects available seem almost unlimited and cover virtually ever genre and subject you can imagine.

Because mobile phones and tablets are selling like pancakes, this has actually triggered the demand for ebooks to continue to increase. Whether you're dispersing your content complimentary or for a minimum cost, you should not disregard the easy advantages of releasing your content on the Amazon Kindle network.

(4) Work With Or As A Ghostwriter

If you don't have the time or skills to write your own book, you can hire a ghostwriter.  A ghostwriter is somebody that writes a book for you that you get to declare as your own and publish under your own name. Nobody besides yourself and the ghostwriter needs to know that you didn't write book yourself. When you hire a ghostwriter or use a ghostwriting service, you hold all rights to the book and can publish it anywhere you please.

When selecting a ghostwriter, start by asking for examples of books previously written. Find a ghostwritring service you like and ask them for samples of successful books and authors resulting from their services. The cost to have someeone else write a book for you may cost several thousand dollars.

If you already have writing skills and can invest time as a writer, you might also want to offer other aspiring authors your services as as ghostwriter.  Thanks to the Internet, it's possible to develop a portfolio of work and get up and running within weeks. If you currently have a couple of samples of books you've written for yourself or work done for others, then you're off to a running start.  You might also be able to do ghostwriting for one of the many online ghostwriting services. Showing books you've written as samples of your work is important.

Use these four steps to network and discuss your ghostwriting services with other people:  (1) take part in online forums and discuss that you're a ghostwriter; (2) email your good friends and associates and asking to put the word out; (3) create an email signature that promotes your ghostwriting services and (4) establish a site to promote your services.  You may be wondering how much to charge as a ghostwriter.

I recommend you charge modestly and focus on creating a client list and track record. As a rule of thumb, choose what you wish to make in an eight-hour day, then stem from that a per hour rate to utilize as a basis for pricing your work as a ghostwriter.  Do not quote a price per hour.  Price for the project of writting a completed book.  

If you desire to be an effective ghostwriter, it is vital that you preserve privacy. Unless your client offers you approval to utilize his or her name as a referral, do not do so.  Obviously, your name will never appear on the finished book and your clients will rarely want others to know you were hired as a ghostwriter.  You'll discover plenty of work out there for a great ghostwriter if you set about looking for it.