It is almost impossible to say how much money you can make by selling your eBook. We have all heard how much authors like Dan Brown (The Da Vinci Code) and J.K. Rowling (The Harry Potter series) have made and we sincerely hope that you will be as successful. However, many writers do not make as much money. What they do get, though, is a sense of achievement, a sense of joy at providing reading experiences for others, and a wonderful sense of satisfaction for a job well done. We wish you all these things, too.
Depending on how much you choose to charge for your eBook (if you are not offering it free to readers) and how many copies are bought, you will earn money on these sales. The average amount you will earn is 85% of the net selling price. The net selling price is the selling price of the book less any costs that Smashwords charges (for example, discount to the retailer like Kobo, bank charges, etc.). The amount you receive will depend on where the book sells. You will find out more about these costs in the Terms and Conditions document in Appendix B.
You will need to create a PayPal account to receive payments from Smashwords. You can watch a short video on how to register with PayPal below.
To withdraw money from your PayPal account you will need to set up an online banking account with FNB. You can find out more information about this from FNB here. You can also watch a video on how to do this below.