Why it is difficult to make money with ebooks?

Jasmine

VIP Contributor
A lot of people who have tried their hands on ebooks have one common complain. They are unable to sell ebooks and make money. Do you know why many writers end up not making any money with their ebooks? Here are some possible reasons:

  • They don't know what topics to write about.
  • They struggle to create a high-quality ebook.
  • They don't make their ebook look professional with editing and design.
  • They don't know how to market and sell their ebooks.
Writing an ebook is just the first step. Second step is polishing your ebook. You've got to do a lot more to actually start making money from it.
 

Phantasm

Banned
Factors such as stiff competition, quality issues, discoverability complications, sensitiveness to price, limited sales channels, poor royalties, changing fashions and piracy threats make money making in ebooks challenging. New authors find it difficult to stand out in a crowded market. The presence of shoddy e-books makes the readers afraid to buy them thus affecting their sales. E-books that are not marketed well run the risk of being buried in the crowd. Revenue is influenced by price expectations and narrow distribution channels. To remain relevant, authors must be open to change. Despite all these efforts, piracy still remains an issue. This involves having excellent articles or stories that can be marketed widely, loyal followers and capable of adapting to any changes that may come up with time. In order for anyone to succeed in this kind of business they have to put dedication into their work as well as plan strategically based on what is happening around the industry.
 
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