Even if you never write a word of your own, you can still earn plenty of money in lucrative ebook business.
Many ebook authors include full, royalty-free resale rights with some of their products. This means that, when you buy their ebooks, you can use them for yourself and also sell them to others -- keeping 100% of profits.
By doing this, author of ebook benefits in two ways: 1. He/she increases value of ebook to potential customer and, therefore, makes more sales (at least in short term). 2. By being sold across a number of websites, ebook will ultimately reach more people thus increasing author's profile and credibility and bringing more website traffic from links included in ebook.
At least half websites out there that generate huge incomes from ebooks sell no 'original' titles of their own. They sell ebooks written by others -- ebooks with resale rights.
Whether you're already involved in ebook business or not, reselling other people's ebooks can be an excellent way to generate steady profits. Get in early on a 'hot new title' and you can really rake in a massive amount of money in a very short length of time.
Here's a good approach to getting started:
STEP 1 As soon as you hear about latest hot new ebook visit website.
STEP 2 On website evaluate ebook with these criteria in mind: 1. Does price include full resale rights? 2. Does deal include a full copy of sales page complete with graphics? 3. Is sales page good? (Does is really make YOU WANT product? If it doesn't work for you, it probably won't work for others). 4. Is order handled by ClickBank? (see STEP 4 below for reason this can be important) 5. Will your existing visitors or subscribers be interested in this ebook (or do you think you can easily reach right target market)?
STEP 3 Go to a few major search engines like Google.com or AltaVista.com and run a search for ebook title. Are there a lot of websites already selling book? If yes, then it's been around for a while and you may not make big surge in income you'd expect from a brand new ebook. However, this is also an indication that it's popular, so it may be a good one to consider for more moderate, medium-term profits.
STEP 4 Once you've established that this ebook looks like a winner, it's time to get your own copy for resale.
Many books that come with resale rights also come with right to redistribute it for free. Be sure to check your search engine results (above) to verify if there are any websites giving it away for free (even if it means subscribing to a newsletter, or whatever). Make sure you get sales page and all other stuff you'd get if you were paying for it. If you do find a free version, then jump to STEP 5 below.