Plenty of self-published authors have published many ebooks but haven’t got what they were looking for - money. Are you among these authors? If yes, then it is nothing to be worried about. It happens when you are not as familiar with the industry as you should be. On the other hand, you are a new writer who is prone to making some fundamental mistakes. Either way, you should not worry because we have come up with this informative blog to help self-published authors make a hefty amount out of their ebooks. Put on your reading glasses and dive into this insightful piece.
Know Your Readers
Who are you writing for? How do you know that your upcoming, let’s say sci-fi, should be purchased? These are the fundamental questions you must have answers for. Plus, determine the needs and requirements of your target audience. Do your tone, style, and plot resonate with the audience? If not, then you have to do something about it. Once you are thoroughly familiar with your audience, chances are you will produce a bestseller.
Who Is In Competition?
Are you the only one writing in this genre? If not, then research others who are writing in the same genre as yours. Research which book is a bestseller in this genre. What do they do? Why are people buying these books? It will help you promote your book in a unique way. You have to optimize the title of your book through meta titles and high-volume keywords, bringing the book to the top of the search engines. All these factors will help you earn the amount you strive for.
Try Shorter Ebook
Amazon is now penalizing longer ebooks. Why is it so remunerative? This is because people are no longer interested in longer ebooks, which sometimes take months to read completely. Therefore, go for shorter ebooks instead of putting, cramming so much in the same ebook. It is a tested, well-received strategy to earn money from an ebook.
Avoid Higher Prices
Self-published authors, especially aspiring ones, make an honest mistake. They set higher prices on their ebooks, thinking they will get ROI in a short period of time. Experts say that a cheaper book sells in higher numbers as compared to high-priced books. Consequently, authors will get their investment back in the long run but in a larger amount.
Refresh and Update Your Book
We are living in a world that is changing every single moment. Information is at your fingertips. If you are book doesn’t contain much information, refresh and update it by adding new chapters or enriching the existing ones. Also, you should think about your book cover design if it looks outdated. You can contact a professional designer to update your older book covers. All these factors result in a higher number of sales.
Conclusion
Making money from ebooks is not everyone’s cup of tea until and unless there is a proper, strategic marketing plan. From recognizing the target audience to setting the right price tag, various factors need close attention. In the present blog, we have discussed everything in detail. If you want to be one of the successful self-published authors, try them out. In case you need any help regarding this matter, we are, at Hampton Publishers, ready.
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