One of the most solid and proven business models for becoming a Secret Millionaire is selling eBooks; after all, there eBooks on just about every subject. People love eBooks for lots of reasons not the least of which is the ease of access and comprehension and since so many eBook readers allow users to get onto the Internet is it any wonder why so many people are choosing this method for gathering knowledge and information? The following article shows you how you can go beyond the traditional eBook marketing and actually leverage your eBook in different ways to get more cash flow …
Use Your eBook as the Basis for a Paid Membership Site: Paid membership sites have exploded in popularity in recent months, especially those that have lots of quality information to offer. Because you already have great content in your eBook, why not use what you have already to build a paid membership site? It’s not that hard to talk about something you’ve already included in your eBook or expand upon a chapter topic later on down the line. You might even find that your eBook has become the base on which you create more content that your subscribers are hungering for. You can support the information you’ve included on your eBook with your paid membership by offering things like case studies, interviews, research reports, and other value enhanced content to help your subscribers better understand what you’re talking about in your book. Most site owners choose between monthly and yearly payment systems but it is important to note that the frequency of the monthly payment system makes that particular plan more profitable. In addition to earning money through selling your eBook, you’ll also earn money through your membership site’s fees.
For example, if you have created and decided to sell an eBook about the “Body Building” topic, you need to create and then market micro reports about small topics covered within the pages of the book itself like “build giant biceps” and “how to get a strong torso.” This strategy is very work-intensive in the beginning but it pays off later on with an incredibly high conversion rate and traffic flow to your websites.
Sell Your Master Resell Rights: These are different than the Resell rights because when you sell the Master Resell rights you are also selling the right for the people who buy the book to sell their own resell rights to the material. This is a money maker because master resell rights are expensive! Of course if you really want to make money with this method you also need a really strong back end profit maker in place like putting affiliate links in the eBook. Because lots of people could end up selling your eBook when you use this method it is just good business sense to use the viral nature of the book to your advantage.
Join Your Ebook with Others. There are all sorts of eBooks that are for sale that will offer you total rights which you can then use to reprint the ebook and/or give it away. Reprint rights also allow you to combine that work with work of your own to allow you to create an entirely new and stronger book. Your target audience will be more enticed to buy your eBook when they see they’re getting better value for money. Over delivering on your work is always a fantastic idea because it proves that your potential buyers will be getting all sorts of value for what they are paying. You do, of course, need to make sure that you are only spending your money on the best eBooks possible and that are relevant to your chosen market.
Building a successful business that centers on the selling of eBooks isn’t exactly complicated; you just need to do the right things at the right times to make sure that you get the right kind of attention from your target market.
Learn the steps to becoming a Secret Millionaire at http://www.danijohnson.com/.