Can I Make Money By Publishing Ebooks?
Here are some tricks you can use to make money by publishing self-publishing books on Amazon and other platforms. A successful book will probably bring in less than a few hundred dollars a month. The money you make from self-published books is a passive income that can last a long time, but it is difficult to justify years of work for a few thousand a year.
From my own experience, I have heard from other self-published authors that the books you publish earn very little money per month. Only about one in four of your books will make money I’m upset about ($50 to $150 a month). Every fourth book you publish yourself will bring in more than $150 a month.
If you don’t appear in the top 20% of books, people won’t see your book, and you won’t make money from self-publishing. This means that you have to develop the book idea further and publish new titles yourself.
My Amazon sales are a small part of my e-book sales strategy, and since the e-commerce giant is changing rules and policies that seem to lead to fewer author licenses, I would recommend that they also are a smaller part of you. You get the sales of exclusive free Kindle Direct Publishing promo e-books at launch, and though they can boost your rankings, the impact tends to be fleeting. If you receive thousands of free downloads, get excited, spread enthusiasm and end up making $300, you should begin asking people to pay for your book.
Until Amazon Prime members and Kindle Unlimited members can read your book for free if your ebook is included in Amazon’s KDP Select program. Most authors earn 1-2% of the time customers read their books this way, and that means a lot of money when your ebook becomes popular on Amazon. Many non-fiction authors make more money selling products and services to readers than from royalties.
Depending on the platform used, authors can earn royalties of up to 35 percent for printed books and up to 70 percent for eBooks. You can also earn royalties from self-publishing platforms such as Amazon Kindle Direct Publishing ( KDP ) and income from printing, distributing and selling your books your own. Usual book and e-book prices in online stores, such as Amazon, range from $0.99 to $25.
That means you can make a few cents on the dollar for every book you sell, and online retailers like Amazon have great licensing fees. For example, at $1,600, you could earn $560 (or $35 if you buy your book for $9.99), or you could pay $6.99 for each sale ($70). The best price for a small book is about $2.99, where you earn a royalty of 20.9% from every sale, which is not bad considering that $19.95 is a strange way to make money when selling my printed book (my publisher paid me $1.50, but that’s normal : ).
It’s true that e-books are easier for potential buyers than printed books, but consider that I’m lucky to make decent money this month on my Kindle income (last month it was $104). I came to self-publishing after having to pay someone to write stuff for me in the past, and I have loads of material for my book (cover design and vice versa) and an illustrator, but I haven’t sold enough copies yet to make it worthwhile. If I manage to write and publish the book this week, people will probably read it more than many authors, I would say.
After writing, formatting and publishing an ebook on Amazon’s Kindle publishing platform, I forgot about it for a few weeks. Several months passed, and when I received a check from Amazon for a few hundred dollars for 80% of the ebook sales that took place between March 2014 and September 2014 it reminded me that I had written an ebook and show that it was possible to make money by publishing an ebook on an online book platform like Amazon.
This moment of breakthrough awakened the desire to have more success with e-books and to earn more money. During my freshman year in college at Ohio State, I discovered that people were creating e-books to generate additional income without much extra effort, and that books could be published on a sales platform to collect sales and deliver them to customers without any involvement. In the spring of 2015, I earned $200 to $300 a month selling my original golf book and had released a few new e-books.
In the 1990s, self-publishing meant paying for thousands of physical books to be printed, but a CNNMoney article in 1999 based the cost on $12,000 to $30,000. Now that most books are sold as electronic books, you can publish yourself for less than free. Printed books are more popular than their electronic counterparts, so it is easier to penetrate publishing via Kindle, Nook, or iBook.
One of the most popular places to publish e-books is Amazon’s Kindle Direct Publishing (KDP) platform. Anyone who owns a Kindle can buy their book directly on the Kindle Marketplace or read a copy on their Kindle. Because Amazon makes it so easy to self-publish books in printed form, physical books are a natural extension of your ebook.
Advance booking means you will receive a list of people who have read the book, and you will receive an email on the day of publication asking you to leave an Amazon review. Many authors are excited about exclusive free Kindle Direct Publishing promo e-books at launch. Docx, epub, mobi format (recommended not less than 80 pages per book), book cover in JPEG format, 7 + keywords to find your book, author takes credit (you can use a pseudonym) – a short description of the eBook (it is important as it helps the reader when they ask for a call to action) Final price: eBooks are recommended to start at $0.99, but if you get reviews or sales you can increase the.
I’ve tried the exclusive free Kindle Direct Publishing promo e-book launch, but I have to say that I think it’s a pot, especially for bloggers with a small audience.