TLDR;
This video explains how to create and sell ebooks online using free tools, with the goal of getting a book created and selling within 24 hours. It covers researching a profitable topic, creating the book, uploading it to Amazon KDP, and marketing it effectively. The approach emphasizes validating the book idea before creation and focusing on profitability over passion.
- Validating book idea before creation
- Focus on profitability over passion
- Utilizing Amazon KDP for selling
- Marketing through social media
Introduction [0:00]
The video introduces a business model for selling simple ebooks online, highlighting its advantage of unlimited sales after a one-time creation. The presenter, who has made over $1.7 million from this model, promises to show how to get started using free tools and have an ebook ready for sale within 24 hours. The video will cover researching the topic, creating the book, uploading it, and marketing it.
Researching the Topic [1:02]
The initial step involves brainstorming topics based on passions, interests, hobbies, or ideas, with the aid of tools like ChatGPT for generating ebook ideas. It's crucial to validate the idea by confirming that people are willing to buy a book on the chosen topic. This involves identifying profitable niches by searching for topics on Amazon and using the DS Amazon Quick View Chrome plugin to check the bestseller rank (BSR). Aim to find books with a BSR below 80,000, indicating they make around $500 per month.
Creating the Book [6:08]
Focus on topics that are easy to write, such as story books, journals, and planners. For story books, AI can be used to generate a first draft, which should then be refined and improved with a personal touch to ensure high quality. Journals and planners are also simple to create, often utilizing Canva templates. Aim for a shorter book length initially, around 5,000 to 10,000 words, to facilitate faster action and avoid perfectionism.
Writing a Non-Fiction Book [11:24]
When writing a non-fiction book, imagine taking the reader from point A (struggling with a problem) to point B (overcoming the problem). Use ChatGPT to create a detailed book outline with chapters and subsections. Ensure every chapter focuses on solving the reader's problem, avoiding irrelevant information. Generate the first draft of each chapter using AI, then edit and improve the content.
Book Titles and Formatting [16:46]
Choose book titles that are easy to understand, clearly explain the value or transformation the reader will achieve, and avoid being too fancy. Include specific numbers if possible. After writing the book, format it with a book cover page, introduction, main chapters, and conclusion. While Canva can be used for creating book covers, it's not recommended for formatting the book itself.
Book Cover Design [20:25]
Create a book cover either by yourself using Canva or by hiring a designer. Canva offers numerous templates for book covers, but hiring a designer on Fiverr can provide a more professional look for as little as $10.
Uploading the Book [22:29]
Sell your book on Amazon KDP to tap into millions of existing customers. Unlike selling on personal websites or platforms like Gumroad, Amazon provides built-in traffic and handles shipping, inventory, customer service, and marketing. Amazon KDP is free to join, with Amazon taking a small cut of each sale. Sign up for Amazon KDP, enter your bank and tax details, and upload your book.
Marketing the Book [26:32]
Supplement Amazon's organic traffic with your own marketing efforts. Use social media marketing, particularly TikTok and Instagram, to promote your book. Create videos showcasing the physical copy of your book. While email marketing can be effective, focus on social media marketing in the beginning. Consider using Amazon ads, which are cost-effective and can help your book rank higher on Amazon search results.
Scaling and Additional Resources [30:08]
To scale your earnings, publish more books, create paperback and audiobook versions, translate your books into different languages, and create bundles. Build your audience through email marketing and social media. The presenter also mentions the possibility of selling your Amazon KDP account. The video concludes by offering additional resources, including a coaching program and a 7-day book challenge.