Friday, January 20, 2012

Start An Author Mill To Make Money

Author Mill refers to publishing or producing large number of books by different authors. Usually these books are not very popular, and are work of an individual as a hobby or passion.

With the digital age making it's mark, it has become relatively easy for everyone to explore new possibilities online. Producing books is one of them.

The main benefits of starting an Author Mill for making money is that usually plenty of authors need a platform to market there books, so they readily agree. Also the ebook does not cost anything as such, so you can use the digital technology to yourself. Moreover often the authors themselves do the marketing hoping to generate some revenue. It's actually making money for you too.

If you own a website or blog, then you are all set to start your business of Author Mill. I will illustrate it with an simple example.
  1. Suppose that you own a site or blog on making money online.
  2. You have made considerable success in the site, and now you have a viewership of say minimum 300 page view per day.
  3. Now you contact several writers and authors who have there ebooks on money making. Those authors will be very happy that you want to sell there ebook on your site.
  4. Fix a commission for yourself, and let them have the amount they want for the book. Suppose that they charged $50 for there book, then you can set a commission of say $5 for yourself per sale. You may increase the commission as per your liking.
  5. Suppose that 10-20 authors responded to your request of selling there ebooks on your site, then since you already have a site on money making, so just make a new article on relevant ebooks, and ask your readers to buy them if they like the synopsis or the display content.
  6. Any sale generated is money coming for you. That's an author mill in business, as you have started a mill of authors who make the content, and you only produce them and get your commission. Nice huh...
Smell the fresh money coming out of the Author mill...

Cheers..
Amit

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This is a personal blog about money making ideas and related topics. There might be inaccuracies and the author takes no responsibility of any damage occurring due to the same. The articles posted are my personal opinions that I have gathered over the time span. My opinions are liable to change as I become more educated over the time period. No decision should be made on the basis of the articles of this blog. The author does not accept any responsibility for any damage or inconvenience caused due to the articles and opinions expressed in this blog. The readers are advised to make there research from proper sources before making any investment decision.