The internet has changed so many things in our world. As consumers, snail mail letters were replaced with email. We Skype instead of draining our wallets with long-distance phone calls. And we shop on Amazon instead of fighting for a parking space and dealing with the crowds at the local shopping mall.
One of the biggest disrupted industries and one of those that provides a great path to a solid making money online venture for an individual entrepreneur is in book publishing. Specifically, publishing and selling ebooks online.
You see, what the big publishing houses do with big offices of editors, writers, administrative staff… and then big printing presses… then distribution centers to get their books out to bookstores around the country… all to hopefully get books in the hands of customers… you can do on the computer you have right now. If that’s not massive disruption, I don’t know what is.
With all the red tape, "play to pay" tactics, and the lack of marketing support from the big publishing houses (along with low royalties) many are finding that self-publishing is a much better option (and in most cases a more profitable option!).
There are some key differences between this self-publishing (which, by the way, doesn’t have the negative connotations it used to) and the traditional publishing process. You won’t be dealing with printed books, for one. That eliminates the expense and hassle of actually creating books, storing them, and delivering them — and that may not even sell. It’s going to be all digital. These are ebooks, which can be read on devices like Amazon’s Kindle, on another tablet or smartphone, or even on a computer.
From humble beginnings, ebooks now sell in the millions each year, representing about 20 percent of the publishing market in the United States. And there is plenty of room for a one-person ebook entrepreneur to get a piece of that market.

So let's take a look at how you can make money with ebooks; from the brainstorming to the writing, and most importantly... the marketing and selling of your ebooks online.

What Are Ebooks?

Ebooks are, well, books. But in a format where they can be delivered or downloaded online. You can write them yourself, employ writers, use public domain content, and create your ebooks from many sources. And just about any subject can be covered — just as many, if not more, than what a traditional publisher might release because you can tailor your tomes to niche markets. Travel guides, how-to manuals, mystery, romance, science fiction, self-help, technology, religions… just about any subject is fair game as long as there is a market of ready buyers.

Starting an Ebook Business — Where You Sell

Publishing a Kindle eBook is another simple way of generating consistent passive income. Did you know that Amazon.com is the biggest competitor to Google than any other search engine like Yahoo or Bing? More shoppers try to search for a product on Amazon than on any traditional search engine. When people want in-depth information on a specific topic, they don't search for blog posts on Google but instead, try to find a highly recommended book on Amazon. Your aim should be to leverage the power of Amazon.com's growing outreach and popularity to generate a stable passive income source.
Tips -
1. Research, research, and research. It is the key to a successful Kindle eBook product. Research about what people are looking for in the domain related to your eBook's topic. For example, if you are creating an eBook on ‘Yoga to lose weight’ look for how many people are looking for yoga exercises to lose weight on the internet and Amazon? What are their expectations from a book? You can easily conduct this research by studying the comments, reviews, and popularity of the existing competitor's books on Amazon.
2. Write for one reader. When you know your ideal reader, you know how much he/she already knows. You can avoid boring him/her with obvious information, and you can provide exactly the information he/she's looking for.
3. Check out how many people are asking questions on the topic you have chosen, using websites such as Quora, Yahoo Answers, and WikiAnswers. More questions mean more people are looking for answers and that’s a good sign.
4. Look out for the market gaps in your selected domain. And see whether there’s demand for some topic, see whether your eBook can cater to that demand.
5. Visit Amazon.com and see how many books are present on your selected domain. Are people buying those books? This will help you to understand the demand and purchasing ability of the market in your domain.
6. Find a few friendly readers who match your ideal reader profile and give them your first draft. Not only will they help make your book better, but it will also boost your confidence.

Some Dos and Don’ts for a Successful Ebook

Making money from ebooks isn’t automatic. You can’t just put anything in it and hope to profit. It’s not a difficult task, but you should follow some best practices to make sure your ebook draws attention from readers and generates sales.
Don’t Get Overwhelmed
Just because you’re writing a book doesn’t mean you have to stress out. With a plan in place, you can finish your work and put it on sale.
You just need to create an outline for the book to follow, set a schedule for when you’re going to write (if it’s original work) or when you’re going to work on it, how you will market the book and when each task needs to be done, and set a goal publication date when it will be offered on sale. It’s a matter of setting aside time each day. You can’t just work on this when you “feel” like it… otherwise, it’ll never get done.
Do Choose a Topic You Know About
You want to write with authority and confidence… and passion. It’s not a good idea to pick a topic just because you think it might be a best-seller. Remember, you can always outsource the writing to an expert as well.
Don’t Make Your Writing Flowery and Complicated
Make sure all your text is easy to read and understand. It's better to write in a conversational manner and not in an academic manner. Many experts suggest that you should write at an eight-grade writing level.
Don’t Forget About Proofreading
Double check for grammatical errors, misspellings, etc. Make sure you have a trusted friend or even professional proofreader go over your ebook before publication. There’s nothing worse than releasing a book full of errors — it doesn’t inspire confidence in your readers, can lead to refunds, and bad reviews.
Do Create a Professional Layout and Cover
Just because you are self-publishing doesn’t mean you want it to like an amateur did it. Hire a graphic designer on a site like Fiverr.com to create a good-looking cover based on your direction and input for not much money. They can also lay out the interior pages too. Just because your book is self-published doesn't mean it has to look and feel that way.