This post, 19 Ways to Make Money with Books will show you how to turn your writing skills into money using books.
Please enjoy it and let me read your comment.
Related: How I sell ebooks on Amazon
Introduction to make money with books
Thank you so much for your interest in this report. I am an author and a book seller. I am also the set man at NowNow Books.
My nice and very rewarding experience with books and all it stands for made me to add NowNow Books to the list of online companies for our organization, Zarepath Publishing.
My first ever self-published book was silly mistakes in mathematics. It was really a great experience. This project opened my eyes to the hidden treasures that are buried with book publishing and sales.
I sold lots of copies of this book in my country and the project also opened up lots of opportunities for me and my company. I have self-published other books since then and I have discovered more opportunities around this business.
One of the most astounding discoveries I made while writing and selling books was the fact that the sales from direct book sales should not be the main or the only source of revenue for authors.
This was new to me before I ventured into the business. I used to think I can only make money with my books only if I can sell lots of copies of it. In fact, this misplaced thoughts actually deprived me of catching on some opportunities at the early stage of my book business.
I will be using this report to show you the different ways you can use your book to rake in lots of revenue for yourself. The money from the sales of your book should actually be the least revenue source for your book.
I have practically used most of these tips so i will be pointing your attention to internet links to support my claims. If you are reading this ebook and you are connected to the internet, you can just visit these links.
Direct Book Sales
This is very common. Most authors have relied on this as their main source of income. Just like I mentioned above this should not be so. However, this is still a good source of revenue for your book especially if you know how to distribute or market your books.
Writing your book is the first step in your book business, publishing it is another step, distributing or selling it is another and it is a very important one. You can’t make money from your books sales if you don’t have ways of putting it in the hands of people who will pay you cash in exchange for your book.
Strategies in direct book sales are beyond the scope of this report but you can check out this great e-book, „Self-Publishing Resources For Your Book Business‟. It describes the various ways you can sell your self-published books. Over 50 book sales resources are discussed in the book. If you want more information, please contact me
Make money with books: Distribute a Free Report
You can package your book and give it away as a free report on your website. Well you may be wondering how you can make money when you are giving out your book as a free report. There are simple and sure ways to make money using this strategy:
- You can use your free report to show your expertise and advertise your existing books or yet to be published book.
- You can use your free report to give publicity to your brand or organisation. You can visit https://sesanoguntade.com to see what I am using free reports to do.
- You can include affiliate links in your free report and encourage your readers to visit the links. An affiliate business is one that will give you the opportunity to sell other people’s products to earn a commission on each sale. There are many website online offering affiliate opportunities to visitors to their websites. Most of them offer free subscription. You can carry out a search using the google search engine to obtain information about these websites.
- Youu can use your free report to build a customer base. Place the free report on your website using an auto responder form. When visitors come to your website to pick the free report, they are asked to leave their contact information and expect an auto response from you containing the link to the free report. Though, they are collecting this report free of charge, they may become paying customers in the future. You can always contact them with the contact information they left with you.
Start a Blog
A blog is an online diary where experts put their thoughts for the people to read. Blogging is big business now. Authors are now running blogs to show their expertise to the public and to promote their books. People will readily buy from an author they have read from on many occasions and the one they know is an authority on his subject. If you have written a book, you can break the book down into several articles and place them on your blog to showcase your expertise and also to promote future books.
Blogging can be a very rewarding exercise if you can make yourself to post consistently on it and show to your readers that you are an expert on your topic. If you combine blogging with the idea in Chapter 2 above, then you will be having a great sales system for your books that will make you money for a long time.
You can also break down your book contents into articles that you will distribute on the internet free of charge. Webmasters have used article distribution to promote their websites, products, brands etc. on the internet. They have also used them to promote affiliate products.
Webmasters have visited article submission websites to pick up these distributed articles for use on their websites. If yours are picked, it presents a wonderful opportunity for you to obtain cheap exposure for whatever you have used your articles to promote.
Therefore, instead of selling your book, you can break it down into articles and distribute them free of charge on the internet to promote other products.
You can search using google search bar for “Articles submission websites” to see examples and visit them to register an account.
Open Doors With Your Books
I love this strategy. I believe my books should open doors of other opportunities to me. After I published my first book, Silly Mistakes in Mathematics (www.infobookscash.com/mathematicsbook), lots of parents contacted me for consultancy work for their children. I made more money from these consultancy works than the money I made from the sales of the book itself.
I have voluntarily given my books out to experts in my industry expecting a joint venture opportunity with them. One of it gave me lots of money even before I began to sell the book. Books show you as an expert (which you are if you are the author of the book). Other experts will be willing to do business with you if they have seen your expertise on the pages of your book.
Show Yourself As An Authority
Sometimes, you are not directly interested in making immediate cash with your book. You just want to push a book out and distribute freely to show you as a voice in your industry. So you are just going to be distributing your books in the right places to shout out your brand to the whole world.
This may not give you immediate gains of more cash but an increased recognition in your industry will eventually make you wealthy in the nearest future.
Lots of businesses are now going online. Web designers are having a nice time designing websites for business owners. Now it is one thing to have a website online, it is another thing to bring people to it. You can use a book to give great exposure to your website by distributing it as articles or as free ebooks.
You should ensure that you persuade readers of your book to visit your website. You can put other free resources like free newsletters subscriptions, free reports etc. in your book asking readers of your free ebook to visit your website to pick them up. Your website links should be conspicuously placed at strategic positions in your free ebook.
Sell a Service
You can also use your book to advertise a service you render. For example, a web designer can write a free ebook titled, ‘How To Put Your Website On The Internet’ or ‘7 Reasons why You Need a Website For Your Business’. The free ebook will, apart from teaching the readers the theme of the book, highlight the necessity for the readers to have a website for their businesses by contacting him (the author) to render the service.
Whatever service you render, you can put up a free ebook on a theme related to your trade. If you can’t write a book, you can look for private label rights (PLR)materials on the internet that is related to your business.
PLR materials are resources that are produced and have been given out or sold to others who can use them as they deem fit. They can be edited or used the way they are. You can search on google for ‘Your theme+PLR ebooks’.
Sell The Contents on Platforms
You can also decide to arrange the contents of your book in a seminar format and sell as seminars or workshops. For example, if you have a book on ‘How To Make Money Selling Information Products’.
You can decide to teach this book on platforms using the most relevant parts of the book as seminar topics. I have seen authors who have sold their books as front-end products and have also organized seminars on the same book contents to the same readers of their books as back-end products.
Sometimes, when you sell on platforms, you make more money compared to when you sell your product just as a book. Seminars attract higher fees than book sales. There is also the opportunity for you to sell private consultancy services through your seminars.
Sell as Consultancy
You can also start out by selling the contents of your book as a consultancy. Some experts have written small books to promote their consultancy services. They have given out the small books free of charge to their customers. They have also used this free small book to promote their services.
I gave my book ‘Silly Mistakes in Mathematics’ free to my customers anytime i seal a consultancy deal with them to train their children. I found out that this act usually strengthened the confidence these parents have in my ability to deliver on the task they have contracted me for.
You Can Learn a Trade Through Books
This part of the book will be describing how you can profit from the book of others.
Let me quote James R. Cook here. He is a highly successful entrepreneur and is the author of „The Start-Up Entrepreneur‟: “Books strengthen the mind. I have chosen reading books over formal education as a personal means to provide a cultural backdrop to enterpreneuring. Every crumb of knowledge you gain, whether it be an obscure historical fact or philosophical musing
will contribute in some small fashion to your ultimate business success. Books are instructors on virtually all subjects. They have hastened my career and can most assuredly complement yours”
This man has voted to enrich himself with books. I am not surprised he has results to show. I have investigated the lives of many successful people and I have discovered how passionate they are about this topic.
You can improve yourself using books. You can learn a completely new trade with books. One of my mentors (a newspaper publisher) had to vote for a new trade to save his business from collapse when he discovered a book titled, ‘555 Ways to Earn Extra Money’ written by Jay Conrad Levinson.
He switched on to the information supplied in this book and a fresh surge of financial air blew across his finances and his business.
I have profited immensely from books. I have learnt many new things from books which have gone ahead to improve my lots in life. You can vote for this too. Books will make you rich if you know how to use them for this purpose.
Increase Your Values Through Books
This is related to the previous tip. You should develop the mentality of improving your values with books. When your values increase, your worth will increase and this will have a positive effect on your economy or bank account.
You should learn to look for books that have been written on any topic where you are presently having challenges. It is believed that a book has been written on any topic you can think of. You only need to search for them. The search engines are useful in this regard. You can also use your local library for this purpose or the bookstores.
You can also register as a member of NowNow Books and refer your friends at https://nownowbooks.com.ng/register if you have not done so before. You can also send us an email if you want us to help you in this regard. Send your email to email@example.com
You should have a book you read every month. I have a list of authors I read from every month. I always read a chapter from their old books if I don‟t have a new book from them. I always ensured I read their thoughts every month.
Start a Membership Page
I want you to get yourself subscribed to our newsletter at www.sesanoguntade.com to see an example of a simple membership page. We have a page that is loaded with problem-solving books and which is updated on a monthly basis at no cost to subscribers. It is a free membership website. However, offering it free does not mean we can’t profit from it in the long run. We have also used the page to introduce some of our quality premium products to subscribers of the website. We have also used it grow our subscribers list. The catch here is that if you consistently give good values to some people over time, they will end up seeing you as an authority on the subject and they can easily buy from you in the future.
You can also decide to make your membership website a paid one. If you are going to be successful in this business, you must ensure you have enough original contents on your topic so
that your subscribers can stay subscribed to your website for a long time. They will stay with you if you give them value for their money on a regular basis.
Starting and maintaining a membership website of your quality books is also a great way to sell large copies of new books within a very short time. If you have a new book, the first sets of people that must get a notice are your precious subscribers.
Promote a Cause
You can also profit immensely from your book if you decide to write a book to promote a cause. I have seen many NGOs in my country who have not used this strategy to promote their NGOs.
People can readily relate and understand your mission if you have a book written on what you are promoting. People can read your thoughts on the issue and take decisions to identify with your cause.
This strategy can really do a world of good to NGOs. When you have lots of people identifying with your cause, you can be sure money and other resources will flow in the direction of your NGO. You can get in touch with us to write a promotional book for your NGO if you need assistance in this regard, send an email to us at NowNow Books.
Make money with books: Start a Bookstore
You can also start a physical or online bookstore. An offline or a physical bookstore has been around for a long time now and many business-minded people have really profited from it.
I must confess that there are many of them around now. However, you can start a bookstore that is different from others that are around you. You should offer other different services in your bookstore.
You should look out for ideas that you can run alongside your bookstore that will bring people in your locality into your bookstore. When they come for this, they can also pay a visit into the book section of your bookstore.
I have seen religious organizations make good use of this strategy. Most of them in my country have their bookstores at the entrance of their churches. Church members can just visit the bookstore on their way into the church or when they are leaving.
Most of them have even announced the availability of new titles at the end of a service or a special programme.
They have the crowd, so they can turn the crowds into bookstore customers. An online bookstore is very common these days. Most businesses now have online bookstores on their websites.
These are simple online store set up with basic resources.
You can turn your book idea into a newsletter. For example, if you have an idea like ‘How To Raise Children’, you can decide to start publishing newsletters on ‘Tips for Mums’. A newsletter idea can develop from a single book idea.
You only need to stretch your thinking to expand the idea. I wrote a book ‘Silly Mistakes in Mathematics’ which corrects students’ foundational errors in the subject. I can stretch my thinking to expand this idea to bring up a newsletter like ‘Improved Mathematics for High Schoolers’.
A newsletter can be distributed online (ezine) or as paper edition. If you are low on budget, you can start an online edition of your newsletter. Newsletters will give you the opportunity to develop a customer database, get in touch with them on a regular basis, show your expertise and also give you the opportunity to have ready customers you can sell your future books to.
If you maintain a quality newsletter, you can be sure of a followership of loyal customers for your books and other information products.
This is closely related to the tip above especially if you are publishing your newsletters offline as paper edition. A book idea can be turned into a newspaper idea. For example, I wrote ‘How To Produce Job-winning Resumes’ and distributed it online.
However I discovered that a newspaper idea can come out of this book idea and Job Zone newspaper was born. Publishing newspapers will involve lots of things which are beyond the scope of this guide. You can run a search online for “Newspaper Publishing” and peruse the results.
Finally, I hope you have enjoyed this post.. Now you can be encouraged to earn lots of cash with your book. I am wishing you all the best. If you have comments you want to pass across to me, you can write it here in the comment section.