Making Money with Amazon Kindle eBooks

In many ways, the Kindle e-reader and its manufacturer Amazon have fundamentally changed the world of publishing in the past few years. Today, it’s easier than ever for writers to publish their books on Amazon. Many authors like Lee Child and Amanda Hocking have successfully used the Kindle eBooks Store to propel themselves to fame and profit. There are many others who make a few extra hundred or thousand dollars per month selling Kindle eBooks.  As you’ll quickly realize, self-publishing on Amazon gives you access to millions of potential followers via the Kindle platform. Best of all, it isn’t very difficult to pull off.

Pick a Topic
The first step to take is to choose a topic to write on. Obviously, writing about a topic that you’re well-acquainted with is the best approach to take. It’ll seem more authentic if it’s something you’re passionate about. More importantly, you’ll want to write an e-book that helps your readers solve a problem or pick up a skill. In other words, write something that’s both valuable and marketable to increase the bottom line. If you want to make money with e-books, your titles will have to be worth the price.

Start Writing
Of course, the toughest part of the whole process is actually belting out your e-book. You alone will know best what your strengths and weaknesses are as a writer. The process of becoming a better writer really boils down to practice, practice and more practice. Still, there’s plenty of software out there that can make e-book composition less stressful. Popular options include Zinepal, Sigil, Fast Pencil, Scribus, and iWorks Pages, to name just a few. Regardless of your personal work and writing styles, there’s a program out there that will meet and exceed your e-book composition needs.

Promote Your E-book
Once you’ve got something that’s production-ready, you’ll need to promote your title to jump start sales. Before you get started, make sure your e-book can be found easily by optimizing your book’s keywords, description and title.  In addition, you’ll want to enroll in KDP Select to reach a wider audience. As far as actual promotion, create a specific website aimed at increasing awareness of your book. You can also use article marketing, social media and guest blogging to spread the word about your latest e-book creation.

Commissions, Marketing & Affiliates
When you sell your e-books on Amazon, you’ll receive a 35% cut on items priced between 0 and $2.99, 70% on items between 2.99 and 9.99 and 35% on items over $10.00. Amazon keeps the remainder, which isn’t bad when you consider how much traditional publishers keep on the sale of physical volumes. As you’re probably aware, the all-powerful affiliate program is one of the best ways to increase sales. You can  encourage others to promote your book and use the Amazon Associates service to profit.

How to Get Started
First things first, you’ll obviously need to sign up for the Amazon Kindle Direct Publishing service. There are many online resources available like CreateSpace that can help you to achieve your goal. An even better resource is ShuckaBuck, an in-depth guide to Kindle publishing by Eric Lass. It’ll show you the ins and outs of online publishing, including how to write a successful e-book and market it effectively. Once you learn the ropes of Kindle e-book publishing, a world of untapped potential profits is open to you and the sky is truly the limit.

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