You have a keen interest in sports, especially in horse racing, and you think that making money from online betting is a fantastic way to earn extra cash. You probably consider yourself to be a bit of a smarty-pants when it comes to sports and know a lot about the most prominent races and sporting events. Perhaps you even follow all the major sport’s live scores and results via your phone. Anyway, you decide to write a book about horse racing, to share your expertise with the world. But you have a few doubts. Namely, whether or not someone else has already done this, and if so, whether or not they’ve done it successfully. So you conduct a quick internet search and discover that hundreds of other individuals have published similar works. To be clear, this isn’t necessarily a bad thing, as there’s no denying that a diverse pool of knowledge is beneficial in all facets of life.
The issue is that you don’t know how to make money from a betting book. You aren’t equipped with a monetization plan, and you aren’t entirely sure how profitable an online book can be. In some cases, the competition has made a killing off of their existing knowledge, but in many others, the books haven’t made enough to cover the costs of publication.
This isn’t to say that you shouldn’t publish your book. On the contrary, you should! Despite the doubts that you have, you still think that knowledge is power, and you want to share your expertise with the world. However, you need to learn how to properly execute a monetization plan to have any chance of turning a profit. In this article, you will discover five proven ways to make money from a betting book. If you’re looking to publish your own book, you will want to learn and implement at least two of these strategies.
Monetization Using Paid Search
You can’t always assume that a product or service will be profitable just because it exists. The same goes for a book about horse racing. Someone might have published a successful book on the subject, but you need to determine whether or not this is the case. In this instance, it’s safe to assume that someone else has already done the research and development for you, and all you need to do is take out the marketing component. Paid search monetization is one of the most effective methods of generating revenue from a betting book.
This strategy allows you to effectively target a consumer base that is already interested in what you have to offer. When a customer conducts a search on a specific topic, they are presented with a variety of sponsored results at the top of the search engine’s results page. These are usually ads for products and services that appear to be useful or related to what the user is looking for. The key is to find the right keywords and ad copy for your ads.
For example, if you are attempting to promote a book about horse racing, you may want to include keywords such as horse racing, betting, or bookmaking in your ad campaign. You can also use the keywords in your article’s title and text to further encourage potential readers to engage with your content.
Monetization Using Affiliate Marketing
Affiliate marketing is another very popular strategy for monetizing a book. Essentially, you are partnering with a retailer or a service provider to make money from the activities of people who visit your website or purchase a product that you’ve endorsed. Typically, you will be paid a commission when someone clicks an affiliate link or buys a product that they’ve arrived at via an organic search on your website. While this doesn’t sound particularly complex, understanding affiliate marketing can seem slightly tricky. Simply put, affiliate marketing is a way of generating revenue without having to spend a massive amount of money on marketing.
Let’s say you’ve penned a bestselling book about horse racing that you’ve entitled, How to Make Easy Cash Off Sports Betting. You probably believe that the answer to your financial woes is right there in the title. You want to share your expertise with the world, but you don’t have the money to pay for advertising or to hire a publicist. Instead, you decide to explore the lucrative world of affiliate marketing. You search for affi…