If you’re just starting out, choosing a niche for your ebook can be difficult. There are just so many options to choose from, but once you do, the rest is easy.
Since it’s hard to make money from just one ebook (unless you’re the best-selling author on Amazon or the like), many new writers are tempted to try and see if they can make a few sales with their work before they decide to quit. While this may be tempting, it’s probably best not to rush into this decision. Instead, you can use your ebooks as a stepping stone to build a larger audience and gain credibility with your work.
Here are a few niches that you may want to explore if you’re looking for a way to make money from an ebook:
Tech
Are you the kind of person who likes to stay up-to-date with the latest technology news, trends, and tips? If so, you may want to consider writing an ebook on tech, or at least including relevant bits of information in your regular blog posts. You can even go the extra mile and create a separate ebook just for tech enthusiasts. It’s a very lucrative market and one that is growing each and every year. According to a study by the New York Times, 50% of American adults now buy technology products, compared to just 28% who bought these items five years ago. What’s more is 62% of American adults use technology products every day, compared to 48% who did five years ago. This is great news if you’re looking to make money online.
If you’re a tech enthusiast who wants to learn more, you can start with the basics of how to build a website, grow a blog, and use social media, or you can delve into more advanced topics like marketing, software development, and designing products.
Finance
If you’re looking to make money online, you don’t have to limit yourself to one source of income. Many online merchants, such as Shopify, offer affiliate programs that can earn you hundreds, even thousands of dollars per day, if you’re promoting popular products within their platforms. One such product is the Cash App, which is often times referred to as the “Swiss Army Knife of Finance.”
The Cash App provides a versatile tool for anyone who needs to keep their money organized and accessible. Once you’ve downloaded the app, you’ll be able to link various bank accounts to it, so you can view your financial information from multiple sources. One advantage of this app is that you can download it free from any app store. This makes it likely that more and more people will install it on their phones and use it, which in turn means more opportunities for you to make money online.
Health & Wellness
If your niche is health and wellness, you may want to consider creating an ebook to help people who are interested in improving their lives. The global health and wellness market was valued at $16 trillion in annual spending in 2022. That’s more than half the market value of all the pharmaceutical companies in the world combined. If you’re looking to make money online, you can use your ebook to educate people on ways to improve their lifestyles and live longer, healthier lives.
According to an online survey from Blue Book, 94% of respondents said they’d be very interested in an ebook to help them better understand health and wellness. But once they got into the topic, 56% said they’d be very likely to buy a different book, and 22% said they’d be somewhat likely to buy a different book. This is because, as the survey respondents explained, they feel that most books on wellness don’t give them enough information they need to get the most out of it (55%), or the information is outdated (31%). So, if you’re looking to sell your ebooks to the public, it’s important to make sure that your content is both current and comprehensive.
Science & Technology
If you’re looking to make a lot of money from an ebook, you may want to consider creating one that teaches people about science and technology. Today, there is a huge market for content on the internet related to science and technology. In fact, 97% of millennials use apps to follow science and technology news, according to a survey by the American Institute of Stress. If you’re able to combine your love for science and technology with a knack for writing, you may be able to create a profitable ebook.
To get some inspiration, you can look to successful science and technology bloggers who’ve gone the extra mile to combine their passions for science and technology. For example, let’s take a look at the blog of Kevin Rose, the founder of Dope Sheet. The 35-year-old technology journalist and photographer covers all aspects of technology, including science and mathematics. He frequently breaks down complicated topics into simple, easy-to-understand language, which is what you’d expect from someone who’s been able to build a profitable blog around these concepts. Keep in mind: not all science and technology blogs make money. It’s a very competitive field.
How to Start a Blog in 2022
If you’re looking to make money online in 2022, it’s important to focus on the platforms that can help you make the most money. Below, we’ll discuss three ways in which you may be able to monetize a blog in the next couple of years.
Monetizing through Affiliate Marketing
If you’ve been in the online marketing field for a while, you may be familiar with affiliate marketing. Simply put, affiliate marketing is when you earn a commission (typically 25%-75%) for promoting a product or service, whether you’re an influencer, blogger, or someone just sharing content on social media.
There are many different affiliate marketing platforms, such as Shopify, that allow you to connect your social media accounts to a single email address and create a single digital marketing strategy. Having a single email allows you to build a more robust affiliate marketing strategy, which in turn can help you make more money.
If you’re interested in earning passive income online, you can use your blog to promote different products and services, such as digital marketing platforms, software, and businesses related to health, science, and technology. Choosing a profitable niche means you’ll be able to rely on affiliate marketing to help you make money online.
Monetizing Through Merchandise
Another way to make money online is to sell your own merchandise. The demand for branded goods and fashionable accessories has driven the growth of online stores in the past few years. So, if you can find a way to monetize branded apparel, you can open up a whole new world of revenue opportunities.
Take a look at TikTok, the popular video platform that allows users to post short-form videos. Each video is essentially just a short-form sales pitch, with the bulk of the content centering on trendy fashion and lifestyle advice. If you’ve ever shopped on the platform, you’ll know that it’s highly populated by people who already have an interest in your niche. This makes it an ideal place to build your audience before you launch your own merchandise line.
If you’ve got a keen eye for fashion and design, you can take this opportunity to create a branded merchandise line that will allow you to sell your products online. If you combine your love of fashion with your knowledge of technology, you may be able to create innovative products for customers who want to express their individuality.
Monetizing Through Online Marketing
Last but not least, we have online marketing. As the name implies, online marketing is the practice of promoting products and services online. Instead of selling products to end users directly, you’ll be learning to sell to businesses who will in turn market the product to their target audience.
While many marketers still prefer big platforms like Google and Facebook, there is a huge opportunity to be found on smaller, more specialized platforms such as Shopify, which serves the needs of entrepreneurs and small businesses. With Shopify, you’ll be able to create a store that can accept online orders for branded merchandise, software, and other business-related products. Plus, you can use the platform to build a community around your blog content, encouraging people to subscribe and engage with your channel.
When choosing a topic for your ebook, it’s important to keep the reader in mind. If you’re writing for business owners and marketers, aim to create an ebook that’ll help them make more money. But if you’re writing for science and technology enthusiasts, consider creating an ebook that’ll help them understand the concepts you’re expounding upon. To get started, simply choose a profitable niche, create content, and then start building your audience.