Writing Books: Is There Money in it?

Posted By Karen on January 15, 2010

In the most recent marketing teleclasses I’ve attended, one of the messages conveyed is that unless you’re a major author with tremendous sales, you will not get rich from writing books. You may not even be able to make a living.

So, how does an author create a living out of writing?

Well, whether you’re in the process of writing a book, in the process of having a book published, or your book is already available for sale, there are a few strategies writers can use to supplement their income or create a living from writing:

1. Create ebooks and offer them for sale. If you’re a fiction writer, write about elements of writing, the process, the pit falls, the publishing process, your marketing strategies, and so on. Write what you know.

2. If you have interests other than the fiction you write, capitalize on them also. If you’re a great cook, write about cooking. If you have an interest in health, do the research and write about it.

In steps 1 and 2, it’s easy to create a pfd with images and a cover. You can offer them on your site, or through services such as Lulu.com.

If you’re willing to invest in a clickbank account or another of these types of services, you can find affiliates to help you sell your ebooks.

3. Don’t forget this ONE essential strategy that all writers need to utilize: Write articles, research appropriate magazines and submit, submit, submit  – if you don’t submit your work, you will not get published…or earn an income from your writing. And, being published does matter; it opens up doors and opportunities that may not otherwise be open.

4. If you’re writing nonfiction, think spin-offs. You can create  journals, and even videos for sale.

5. Look into selling through catalogues.

6. If you’re writing nonfiction, seek out corporations or businesses that may be interested in your topic. For example: I wrote a bed time story and a great writing coach, Suzanne Lieurance, suggested I look into children’s stores (furniture, clothing, etc.) to see if they’d be interested in buying in bulk and offering your book to their clients for sale or as giveaways.

7. If you’re published, offer teleclasses or coaching. This is one of those opportunities that will work better if you’re published.

8. Promote, Promote, Promote!

These are a few of the strategies you can use to generate income from writing.

Tip: Remember to be focused and research your target market.

Here are two additional posts that might be of interest (just click on the titles):

Writing Motivation and Guidance

The Self-Publisher’s Guide, 2nd Edition

Check out our Learn to Write page for great offers that will help you on your road to becoming a successful writing career.

Until next time,

Karen Cioffi

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About the author

Karen

Karen is a published author, writer-for-hire, and freelance writer. She is the creator and manager of VBT - Writers on the Move; co-moderator of a children's writing critique group; a reviewer multiple sites, and an acquisitions editor intern with 4RV Publishing. Her books are: Day's End Lullaby (a children's rhyming bedtime picture book), The Self-Publisher's Guide (an ebook that includes information on writing, publishing options, marketing and promotional strategies, and more), Writing, Publishing, and Marketing - You Can Do It! (a 34 page ebook that offers guidance and tips on writing, publishing, and marketing with useful tools and examples), and Writing for Children One Step at a time (a 100+ page e-book offering writing and marketing information, tips and resources). And, Karen has a children's fantasy chapter book in contract with 4RV Publishing. Be sure to sign up (subscribe) for our FREE monthly newsletter.

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