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If you have the flair for writing and if you have specialized knowledge that can potentially interest online users, you will stand great chances of making huge money online by writing and publishing your own niche ebooks. Here's how:

1. Sell ad spaces. You can augment your earnings from this endeavor if you can sell ad spaces to marketers who are selling products that compliment your book topic.

Depending on the size of the ad and the projected sales of your ebook, you can charge up to $500 per ad. You can also use some of your book space to promote your own products and services.