Giving something away for free in order to profit? Yes, it may sound strange, but it really does work. More and more marketers in the online world are beginning to find that giving away free ebooks online actually helps them to increase profits. Why, you ask?
Well, people love getting something for free, and if you are offering a free ebook, more than likely people are going to start downloading it and reading it. As they read the ebook, no doubt they will quickly come to the realization that you know what you are talking about, and this opens the door for you to make a large amount of profit.
So, how can you profit from giving away free ebooks online? The following are three great ways that you can make a profit, even when you are giving something away for free.
1. Link to Related Affiliate Products
First of all, you can profit when giving away free ebooks online by making sure to include some links that are to affiliate products that are related to the topic of the ebook. Once people start reading what you have to say, no doubt they will be interested in the related products that you are promoting, and more than likely it will lead to sales of those products. So, while you gave away the ebook, it laid the foundation to make other sales, which puts profit in your pocket.
2. Encourage Readers to Pass it On
When you give away these free ebooks, you will definitely want to encourage your readers to pass on this ebook. That way the ebook does not end with them. They can pass it on to friends who can pass it on to people they know as well, until your free ebook is all over the internet. Not only will this distribute your affiliate links to even more people, but it will also help you to build up a name on the web as well. People will view you as an expert, and it can lead to a variety of other lucrative opportunities.
3. Provide Links so Readers Can Subscribe to Your Newsletter
You may also want to provide links in your free ebook so that your readers can go and subscribe to your newsletter as well. After reading your ebook, more than likely they will want to read more of what you have to say, which means they are very likely to sign up for your newsletter.
Once you have their email address, you can begin to send them your newsletter on a regular basis. You can use your newsletter to provide helpful information as well as to sell your products. So, in essence, the free ebook will help you to build up your email list, which will lead to more sales.
As you can see, giving away a free ebook can actually bring about profit. Why not give it a try yourself and see how giving away something for free can actually bring you both success and profits.