3 WAYS TO CASH IN ON DIGITAL BOOK PUBLISHING

1. FIND THE MARKET

Before you write a fiction or non-fiction book, make sure you have a market that’s willing to buy. For instance, you may discover that millennials have a strong interest in romance novels or personal development. When you’re researching, you want it to be a wide market, not niched or granular that only a small population has an interest in. The more people, the better. For example, the pet care industry, a multibillion-dollar industry. There are books out there on how to care for your puppy, how to care for your aging dog, how to properly feed your puppy, or specifically how to raise a pit-bull, how to raise a poodle, and the variations go on. This can be applied in the markets of beauty care to meditation methods.

You can also publish fiction books with cliffhangers so that the reader will stay on edge to purchase the next release in the series. Find those markets where your prospects will continually want more, and then supply the demand. You keep supplying great published content, making them a repeat customer. Study the Ethiopian market and find your niche.

2. CREATE YOUR CONTENT

There are two essential ways to get this done. Of course, you can write it yourself. However, if you have no interest or desire in writing, no worries, you can opt to outsource the book project on such platforms as freelancer.com, upwork.com, or guru.com. There is no shortage of talent available, and you’ll be able to properly vet before making a selection. You’ll be amazed when you often find global freelance writers clamouring in the bidding process to pick up your project. However, it’s critically important to ensure your content is of high quality—whether self-authored or outsourced. At the end of the day, you want word-of-mouth, repeat buyers and good karma on what you’re releasing into the world. Content is still king, and it’s all about quality.

3. PUBLISH YOUR CONTENT

You would simply go to Amazon’s platform—Kindle Direct Publishing at amazon.com and create a free account. When Amazon was birthed over 20 years ago, it aimed to become the largest bookstore on the planet. They developed the Kindle reader and later launched the Kindle app. Opening the Kindle platform and making it available to the global masses was the ultimate game changer! Gone are the days of being rejected from publishing houses. Now, anyone has the capability to self-publish with exposure to buying customers with over 500 hundred million active credit cards on file. There are over 38 countries that you can publish content to Amazon. You can sell books from $2.99 (95 ETB) to $9.99 (320 ETB) where Amazon keeps 30% and you get 70%. They made it easy, free, profitable, and rewarding with handsome royalties and placing you in front of a buying (paying) audience.

Good luck and feel free to give us a percentage..