There are many ways to enhance your business. If you are looking to pursue one of those ways, consider using eBooks. EBooks are the easiest way for people to acquire books without needing a bookshelf to house them all. Here are some of the benefits of eBooks:
1. Information products are inexpensive to produce. You can hire someone to take your manuscript and turn it into a professional-looking product or you can do it yourself using eBook compiler and design software. Make your eBook look as attractive as any volume sold in a store.
2. There is no cost involved in getting information products out to the customer. Since the customer can download them right from the Internet, you don’t have to worry about the cost of shipping and insuring your product. Also customers will be glad that they can get your book virtually in an instant as soon as they’ve paid for it.
3. Information products can be used in a number of ways. You can use them as a way for people to learn more about the aspects of your business. Written information on certain subjects are always in demand. Make sure that it is good quality information presented in a way that has not been done before.
4. Give them away as contest prizes. With each order, a customer is entered in a draw for an eBook of their choice. You are making money because the customer has to buy something from you in order to get a chance to have the eBook for free.
5. Information products can be written by you. Having a book with your name on it makes you more credible with your consumer base. If you have a knack for writing, money will be saved by not hiring a ghostwriter to do it for you. All of the profit is going directly to you and your company. Once you get started you will get hooked on the idea and want to write an entire library of eBooks.
6. The money that you spent to have the eBook created will be recouped as soon as you sell the first few eBooks. People are willing to pay for convenience. Having a book at their fingertips as soon as they want it is as convenient as it gets. As long as you are willing to put in the work, the earning potential is limitless.
7. Sell your information products in other marketplaces. EBay is the most noted marketplace on the Internet. Creating how-to books and other books dedicated to subject matter of interest to the public is a moneymaker. Who knows? A publisher may get a hold of it and want to offer you a deal to publish it in hardcopy form.
There are many uses for eBooks that can bring extra profits to your business.
Hi Vera,
Fellow Vancouverite here.. 🙂 Just as an FYI, eBay took down the option of selling ebooks on their site a couple of months ago. Too many people were using it to sell PLR products as .99 cent ebooks to get feedback.
Hey Carlo, very good point. I do recall discussing that recently. eBay tends to change their rules as they go. I think it’s truly a shame because people who would offer their info products that were of great value would do well on ebay. I saw many wedding type ebooks sell for $20, not bad for something that’s so easy to create.
Thank you for the article. I may do a report/ebook to give away for people who sign up for my mailing list. Got to entice folks, ya know. 🙂
Personally though, if I’m paying for something, I’d rather have a book than an ebook.
Having something on the bookshelf means someone will look at it again–digital files are easily lost and forgotten. Also, there’s the feeling of value you get when holding a physical asset. I’m sure ebook sellers get more returns.
Just my two cents. Take care!
A well thought out information product marketing strategy, re-purposing the information products, will bring the costs of creating foreign content to a very reasonable amount. Especially if you plan for it right from the start. This is also a very do-able strategy for small businesses to expand internationally.