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<blockquote data-quote="RagnarLothbrok" data-source="post: 1130880" data-attributes="member: 9052"><p>While e-books most likely won't make you rich, they are a great way to dip into the world of online marketing, since they don't require much money and everyone can publish ebooks on Amazon nowadays. </p><p></p><p>Five months ago I published my first e-book on Amazon. Total cost of production: 20$ for the book cover + 40 hours of my time.</p><p></p><p>I also threw up a website with plenty of content (most of the content is already in the book) in the same niche, including a few articles that contain affiliate links. Total cost of production: 60$ for a professional theme + ~60 hours of my time</p><p></p><p>The website doesn't get much traffic (I totally underestimated my competition in terms of SEO) but book sales + affiliate sales is making me about 150$ per month. That's almost 100% passive income and I needed to invest about 100 hours of work for the whole thing. </p><p></p><p>What's much more valuable though, are the skills I learned during the process. Before I started the whole thing, I only had theoretical knowledge about typical online marketing skills. All my knowledge came from books, podcasts and blogposts but I never really applied anything. Now, almost 5 months later, I am actually charging small companies for my services. I charge them to:</p><p></p><p>- build professionally looking websites with online shops and monitor them</p><p>- run ad campaigns in the 4-figure per month range on Facebook and Google </p><p>- build their e-mail lists and manage their newsletters</p><p>- automate and grow their Instagram/Facebook to raise brand awareness</p><p>- arrange and manage partnerships with social influencers on Youtube and Instagram</p><p>- do anything else I can to improve their businesses and increase sales</p><p></p><p>Am I an expert in those skills after 5 months of applying them? Not really. Will I be an expert one day? I hope so. But for now it doesn't really matter. As long as I can help my clients make more money, I can also charge them accordingly.</p></blockquote><p></p>
[QUOTE="RagnarLothbrok, post: 1130880, member: 9052"] While e-books most likely won't make you rich, they are a great way to dip into the world of online marketing, since they don't require much money and everyone can publish ebooks on Amazon nowadays. Five months ago I published my first e-book on Amazon. Total cost of production: 20$ for the book cover + 40 hours of my time. I also threw up a website with plenty of content (most of the content is already in the book) in the same niche, including a few articles that contain affiliate links. Total cost of production: 60$ for a professional theme + ~60 hours of my time The website doesn't get much traffic (I totally underestimated my competition in terms of SEO) but book sales + affiliate sales is making me about 150$ per month. That's almost 100% passive income and I needed to invest about 100 hours of work for the whole thing. What's much more valuable though, are the skills I learned during the process. Before I started the whole thing, I only had theoretical knowledge about typical online marketing skills. All my knowledge came from books, podcasts and blogposts but I never really applied anything. Now, almost 5 months later, I am actually charging small companies for my services. I charge them to: - build professionally looking websites with online shops and monitor them - run ad campaigns in the 4-figure per month range on Facebook and Google - build their e-mail lists and manage their newsletters - automate and grow their Instagram/Facebook to raise brand awareness - arrange and manage partnerships with social influencers on Youtube and Instagram - do anything else I can to improve their businesses and increase sales Am I an expert in those skills after 5 months of applying them? Not really. Will I be an expert one day? I hope so. But for now it doesn't really matter. As long as I can help my clients make more money, I can also charge them accordingly. [/QUOTE]
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