How to SELL a Digital Ebook Online in 24hrs ($7,459/mo)

Summary

This video provides a step-by-step guide on how to create, sell, and scale a digital e-book business in just 24 hours. It covers identifying a specific problem to solve, creating a focused e-book, and using platforms like YouTube and email marketing to generate sales. The video emphasizes the benefits of owning your audience and building a business on your own terms, avoiding listing fees and competition from platforms like Amazon. By combining simple tools like Google Drive, Canva, and email automation, viewers can create a scalable passive income business.

Takeaways

• 😀 E-books are a great first digital product to sell because they are easy and fast to create, require no inventory, and are scalable.
• 😀 You can make consistent passive income by selling digital e-books, with potential earnings up to $7,459 a month from a single e-book.
• 😀 An e-book should address a specific pain point and offer a step-by-step solution, focusing on a narrow topic rather than a broad one.
• 😀 To create your e-book in 24 hours, start with an outline, focusing on the starting point and end goal for your readers.
• 😀 Use tools like ChatGPT to assist in brainstorming ideas, creating an outline, and writing sections for your e-book.
• 😀 Canva can be used to design your e-book, making it visually appealing and aligned with your branding, though plain text PDFs work too.
• 😀 Google Drive is a free platform to host your e-book, and automated systems like system.io can help you deliver it to buyers after purchase.
• 😀 Building your own audience through platforms like YouTube is recommended for selling e-books, as it provides more control than using third-party platforms like Etsy or Amazon.
• 😀 Email marketing is highly effective for selling e-books, with the suggestion to build a strong email list through freebies and nurture sequences.
• 😀 Scaling your e-book business is mainly about increasing traffic to your content, leading to more sales through a higher number of visitors.
• 😀 The digital product business model is simple, scalable, and offers great freedom, with tools like ChatGPT and YouTube making it easier than ever to create and sell e-books.

Q & A

What is a digital e-book and why is it considered an ideal first digital product?

A digital e-book is a PDF file that provides readers with solutions to specific problems or obstacles, helping them achieve their desired goals. It's an ideal first digital product because it's easy and inexpensive to create, doesn’t require inventory or shipping, and can be sold multiple times without additional effort.

What kind of topics should you choose for your e-book?

You should choose topics you're passionate or knowledgeable about, even if you're not an expert. These could be personal experiences or skills you’ve learned, such as meal prepping, fixing things around the house, or teaching a hobby like pottery or horseback riding.

How do you start creating your e-book in less than 24 hours?

Start by outlining the content of your e-book. Focus on one specific problem to solve, and define the starting and ending points for your readers. Then, break down the steps they need to take to reach the solution. This will form the structure of your e-book.

What’s the importance of focusing on a specific topic for your e-book?

Focusing on a specific topic makes your e-book more practical and valuable. Instead of covering a broad subject, like growing a business, concentrate on solving one specific pain point. This makes your e-book easier to create and more likely to sell.

How can ChatGPT assist in creating your e-book?

ChatGPT can help you by suggesting a structure for your e-book, writing sections based on your outline, and even tailoring the content to your desired voice. For instance, you can ask ChatGPT to write in a specific tone, such as casual or professional, depending on your target audience.

What steps are involved in designing your e-book?

After writing your e-book in Google Docs, you can use Canva to design it. Canva provides e-book templates that you can customize with your branding, colors, and images. Once designed, you can export the e-book as a PDF.

How can you host your e-book for distribution?

You can host your e-book on platforms like Google Drive. Once your e-book is ready, you can share the download link through an automated email system, such as System.io, which can send the link to buyers automatically after purchase.

Why is it not recommended to sell e-books on platforms like Gumroad, Etsy, or Amazon?

Selling on platforms like Gumroad, Etsy, or Amazon often involves listing fees and high competition. These platforms also rely on ads to drive sales, meaning you’re forced to pay for advertising. Moreover, you don’t fully control the audience or your business on these platforms.

How can you sell your e-book effectively without relying on third-party platforms?

The best way to sell your e-book is by building your own following. Platforms like YouTube are great for growing an audience. Once you have an audience, you can direct them to your email list and sell your e-book through email marketing, which is far more effective than relying on social media or ad-based platforms.

What is email marketing, and why is it important for selling digital products?

Email marketing is the practice of collecting emails from people interested in your content and sending them regular updates or offers. It is highly effective because it allows direct communication with your audience, leading to higher conversion rates compared to social media platforms alone.