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Is it worth paying to have an ebook written?

Discussion in 'Associated Content & Writing Articles' started by pxoxrxn, Aug 28, 2012.

  1. pxoxrxn

    pxoxrxn Supreme Member

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    Hey everyone, I was wondering it is worth paying $105 for a 7 000 word ebook. I am extremely poor and I will be cutting myself if I lose $105. I want to sell it on amazon as a kindle book but I have no experience. How big is the market and what are myu chances of making my money back??

    Cheers
     
  2. 7878

    7878 Executive VIP Premium Member

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    That pricing is in line with what you'll pay on IM forums and Freelance sites for an average, native English speaking writer. Ideally you'll check their samples and references carefully if you don't want to get burned. Negotiating a split to be paid on completion provides an additional layer of protection for you.

    Produce the content yourself if you're strapped for funds. After all it's the marketing that will sell the product, not the quality of the product itself (realistically you should be shooting for both).

    The subject matter will determine the size of the market. Impossible to answer this question without knowing more about your plans. I'd suggest you get familiar with some market research basics as well as download a few "101" type courses on selling Kindle books from the downloads section here. Educating yourself and careful planning will prevent you from making costly mistakes with a delicate budget.
     
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  3. pxoxrxn

    pxoxrxn Supreme Member

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    Hey mate, cheers for the reply. I would like to produce it myself but I am busy with uni and I suck at writing books. Maybe I'll just write some fantasy story. It will take forever because amazon doesn't let you submit it unless its 24 pages...
     
  4. zebrahat

    zebrahat Elite Member

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    That rate basically means (for the direct writing, graphics not considered) you would be paying $1.50 per 100 words. I charge $1.20 per 100 words, be it for articles or ebooks. Others may charge less, or more, so only you know if your ebook idea is worth it. Think more about what a well written book can do for you, than what you're paying for it.

    Also ask if you have worked out a whole marketing funnel for the book. Do you have a minisite/blog ready to go, with keyword research, articles written, monetization all set? Will there be a WSO price for it, in addition to the regular price? And so on.
     
  5. CandyLand

    CandyLand Regular Member

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    If you haven't already done research on what kind of market there is for a specific type of e-book, then the answer is no, it's probably not worth it. You really need to look into what will make money first, then think about what sort of product to offer that market. You're going backwards
     
  6. pxoxrxn

    pxoxrxn Supreme Member

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    Not sure how you get $1.50 per 100 words. I calculate $105 for 7 000 words to be 15c per 100 words. I will be selling it on Amazon so I dont think I need to promote it at all. Amazon does the selling.
     
  7. QualityContentWriter

    QualityContentWriter Junior Member

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    My first book on Amazon Kindle is priced at 9.99, I make about $3 for each sale. It's one of those "leave it" moneymakers though, once it's finished. So if it's a good book and it sells you should make your money back... over time.

    Also, marketing is a big part of it but the reviews matter more than anything so you do want a quality book. If it's about something you're an expert in, I would write it yourself and then hire somebody to improve the writing part of it all. I'd also spend the same price (about $100) and hire a premium ghostwriter to manage that. Anyone who will churn out 7,000 words for only $100 is going to do a subpar job considering the time it would take, which is why I say write it yourself and hire somebody better to fix it.

    If you don't mind me asking, what is this book about?
     
  8. pxoxrxn

    pxoxrxn Supreme Member

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    I dont have a book yet haha I was thinking of doing a romance/sex book because I'm good at that shit. I have a rough storyline in mind.
     
  9. 7878

    7878 Executive VIP Premium Member

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    Finding a fiction writer is a whole different story. Most of the rules with standard rates go out the window in that case.
     
  10. theres

    theres Registered Member

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    Keep in mind that the marketing will cost you more. So produce the content yourself if you are on a tight budget and use the money to market it
     
  11. zebrahat

    zebrahat Elite Member

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    You're off by a factor of 10. If it's 15 cents per 100 words, that's $1.50 per 1000 words, or $10.50 for 7000 words. if you want rest your sales on Amazon, fine, but others would choose to optimize the book's exposure by promoting it via several means, to bank harder.
     
  12. Wriot

    Wriot Newbie

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    There's a good chance of making your money back + more if you do your homework and some marketing. It is true that Amazon helps to sell your ebook but that is not enough alone to get it noticed. There are many books on Amazon on how to go about marketing your ebook. Check those out. Being a professional writer myself, I'm more than happy to write an ebook at that price. The reason being is that I need ebook samples to show other other clients that I can that kind of work. Pm me if interested.