This means that, by going the direct route, you’re leaving a large amount of money on the table that you could pocket if you went with Amazon’s Kindle program. In addition, you will lose the rights to your work to the publishing house once you sign a traditional contract, often for several years. Often the high end in traditional publishing can include limited runs or promotions, which means any additional promotion you do will be out of your pocket instead of the publishing house. The typical traditionally-published author can expect anywhere from 8-15% royalties from their work on the high end. If you are familiar with traditional publishing, then you know this is exceptionally generous. There are two royalty structures within KDP, depending on geography and pricing. Once the book is purchased, Amazon takes a portion of the book’s profits and gives the rest to you, the author, as royalties. The process of making money on Kindle is pretty straightforward. How Do You Make Money Publishing Kindle eBooks? They can be purchased as ebooks that customers download to their Kindle device, computer, or mobile device or purchased as print-on-demand, where Amazon prints a hard copy of your book and ships it to the customer. People sell all types of books from romance novels, to cookbooks, to children’s coloring books. Similar to how Amazon Seller Central is the platform business owners use to sell physical products on Amazon, Kindle Direct Publishing is a publishing platform created by Amazon that allows authors and content creators to publish their own books and sell them on. It is possible to make serious money with this business model, whether you just want a monthly cash flow or you want to build a real digital asset that you can sell. There was a huge gold rush of indie writers cashing in by publishing entire backlists of books onto the platform, and new writers making a killing writing brand new content.įast forward and the wild gold rush is over, but that doesn’t mean you can’t make a profit selling ebooks on Kindle. The platform and device revolutionized the world of reading overnight. So, what happens when you could combine all three of these items into one very profitable business?Īnother amazing online business model that could make you potentially six-figures per year.Īmazon launched their Kindle program on September 14th, 2012. Work from home or be able to work and travel.There’s a few common trends that most people, at some point in their life, feel a tug to be:
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