I am building an ebook selling website. I am selling ebooks for free, and some of them paid from $1 to $ 10.
I am trying to provide most of the best selling ebooks on Business, Entrepreneurs, which people may like.
I have a few questions in mind.
- How to increase traffic for a website
- Is it a legal business.
- Do I need to provide any royalties to the author of ebooks?
- Is it good online business to work as full time?
These are legitimate questions, but it shows that you need to start with a creating business plan and doing first-hand research, not just run with your idea. First, you cannot legitimately sell copies of other people's digital books without permission no matter the price. That's just a fact.
Sales is not about traffic, it's about marketing strategy. You need to understand who your ideal audience is, what they care about, what they're willing to pay, and what they do when they're looking for the type of product you sell. Being in the right place at the right time with the right information at the right price is all part of any marketing strategy. No one can give you a magic formula. If you have 100,000 visitors a day, but none of them are interested in your offer, then traffic means nothing.
Since the subject matter you're interested in is so widely available and discussed at little to no cost, people may not be interested in paying money for it. Those that are spending money on it, may not wish to consume it as an eBook. They might prefer a hardbound book or a webinar or an audio book. They may only be interested if the author has a certain specific degree of credibility, and you may not have access to or permission for content from those authors.
There are other providers out there already that make eBooks very available at reasonable prices, and have large catalogs of options sorted by the topic you're interested in selling. The Amazon Kindle Store for example has over 10,000 titles available on the subject of Entrepreneurs/Business. 8,000 of those are available on Kindle Unlimited which allows unlimited titles for $9.99/month.
It seems like an interesting idea, however you may be too late to market to be competitive with the options that already exist, at least in any way that will make significant amounts of money. If you can come up with a niche that allows you to have content not available anywhere else, then maybe you might be able to develop customers. There's no evidence that you're filling a niche yet. And remember that when you compete on price only, it's a race to the bottom. There's always someone willing to take less money than you for the same thing.
Yes sir you will need the royalties to the author of eBooks for selling the eBooks.