Many of us love to write but have you ever thought about taking it a step further and learning how to make money with Kindle Publishing on Amazon?
Writing and selling Kindle eBooks on Amazon.com has become a very popular way to earn extra money in recent years.
If you want to make money from your hobby, you could do worse than selling your books.
Many aspiring writers are intimidated to get started, but this is unnecessary. You’ve been communicating all of your life. Only now you’re going communicate your thoughts and ideas via writing.
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What Is Kindle Direct Publishing?
Kindle Direct Publishing is a way that anyone can make money writing books and self-publishing them.
In the past, self-publishing was expensive and difficult but Amazon has made it easy. You can publish your book in minutes and earn royalties on any copies that sell (up to 70%).
If you need help getting started, Amazon has created a KDP University with webinars, videos and user guides.
How Much Do Self-Published Authors Make on Amazon?
At the high end, there are authors that make over $100,000 per month.
On the low end, some authors make enough to build a side income but not enough to give up the day job.
The best way to make money writing books is to self-publish on Amazon and also try and sell your short stories for money in other ways.
Pros and Cons Of Amazon Self-Publishing
If you want to start a side hustle with little to no upfront costs, self-publishing on Kindle is a great option:
- Anyone can write an eBook. You don’t need the approval or support of a traditional publisher.
- There’s no upfront cost involved. Amazon will simply take a percentage of your sales.
- Writing and selling eBooks is a flexible way to make money
- Work when and where you want and make money on the side
- Once your book is written, you can make money selling it for years to come
On the flip side, there are a few negatives to the World of Kindle self-publishing:
- It can be hard to get started
- You need to be motivated to write and come up with new ideas
- There is no guarantee that your books will sell
How To Get Started With Amazon Kindle Self Publishing
It takes just minutes to publish your first ebook on Kindle.
You can get started at the Kindle Direct Publishing Website
- Enter your book details – The website provides examples of what details you need to include.
Go to your Bookshelf.
Click the “+” button for the type of book you want to start under the “Create a New Title” section.
2.Upload your manuscript and preview it to see exactly what your book will look like.
3.Set Rights & Pricing –set your book’s price, royalty rate, and agree to KDP’s Terms and Conditions before publishing
You can change pricing and some other details even once your book is published.
Tips to make money with Kindle Publishing
To have a successful Kindle ebook business, you need to do some research. It’s unlikely you can just write a quick book and become a bestseller.
Check out these tips that will help you flourish in the ebook business:
1. Write what sells
If you’re writing fiction, you can choose just about any topic.
However, some topics are more popular than others. For instance, anything about zombies has been quite popular lately. Erotica always sells well.
If you’re interested in writing non-fiction, investigate what’s currently selling well. Topical and trendy themes always do well but their popularity might be short-lived.
Anything to do with relationships, health, and money is perpetually popular.
For example, dating, marriage, divorce, weight-loss, dieting, investing, and making money are all popular topics.
2. Solve a problem
Find a need that matches your expertise and start writing.
If you can get to know your target market’s pain points and help them out, you will grow a loyal following of readers who anticipate your next release.
3. Research the market
Know your audience before you begin. Look at what currently sells and what price it sells for.
You will set your own price on Amazon Kindle so you need to know what the competition is doing.
Who would be interested in your eBook and how much would they be willing to pay?
A book written for teenagers might require a different voice than one written for business owners.
You’ll find more success if your writing style closely matches your target audience.
Take some time to read the current bestsellers in your niche so you have a feel for what people want.
4. Provide Value
Can the information be found for free elsewhere?
With all the blogs and other websites available online, there’s a lot of great information available for free.
That doesn’t mean that people won’t purchase your book but it does mean that you need to provide value.
While the information might be available for free, you could compile it into a more useful and readable format.
You might be able to present a fresh perspective on the topic. What benefit will you be providing?
5. Set yourself up for success
Create a writing schedule. Nearly all writers state that they’d never get anything done if they waited for inspiration to strike.
A schedule is important if you want to complete your eBook in a reasonable amount of time. Make a plan and stick to it.
You’ll likely learn through trial and error that you write better at certain times of the day. Some authors find writing to be easier in the morning or the late evening. Others prefer the middle of the day.
Some environments work better for some than others. Do you require total privacy or silence? Or would you rather write in a coffee shop or at the park?
Set a schedule and stick to it. Thirty minutes per day will probably result in higher compliance and productivity than a single marathon session.
6. Don’t be a perfectionist
Keep writing and edit later. It can be a mistake to write a page and then stop for editing and formatting.
Once you start writing, keep going! Do one task at a time. Set aside a separate time for these other activities.
That being said, you need to check and recheck your editing once the book is made.
One idea is to first edit the book yourself and then enlist the services of another.
Experienced and inexpensive editors can be found on any of the freelancing sites like Fiverr.
Invariably, your readers will find errors and point out mistakes.
Take advantage of this free help! Amazon makes it easy to edit your work and reload it.
Your readers will appreciate your responsiveness. One advantage of eBooks is the ability to go back and make corrections after your work has been released.
7. Ensure the formatting works
You’ll find many reviews of Kindle books that complain about the formatting.
After you’ve uploaded your eBook, check the formatting. Spend the time to ensure your work looks as good as possible.
Make sure to go back over your book once it is published on Amazon and make sure everything is perfect. I bought a book over Christmas and it had an obvious spelling mistake on the first page.
Make sure your book is free of all spelling and grammatical errors.
8. Price your book appropriately
Amazon takes a share of your sales, but the percentage varies with the price.
Look at your competition and the commission rate. Find a price that works for you.
Marketing Your eBook
If you really want to make money with kindle publishing, you need to get your book in front of your target readers.
Many authors claim that writing is the easy part, and the marketing is the real work.
Even the best eBook can languish if no one knows it exists.
Avoid the mistake of waiting until after your book is completed to being your marketing efforts. A marketing campaign requires time to be effective.
Even though your book will be on Amazon, don’t rely on them to get you buyers.
Take matters into your own hands and start promoting your ebook as soon as you self-publish it.
Tips For Marketing Your Amazon Kindle Ebook
Create and maintain a blog
It would be challenging to find a successful eBook author without a blog.
A website is very simple to build with Word Press – you can use this step-by-step tutorial to start a blog quickly.
Offer Free Copies
People swarm to free items, and eBooks are included in this phenomenon. Your readers will tell their friends, and you could win future customers.
You can offer free copies of your book in exchange for social media posts or even blog posts.
Give away review copies to relevant websites and organizations.
One positive review from a recognized expert can make all the difference.
Enough positive reviews from anonymous sources are also powerful marketing tools.
Promote on social media
Open and use social media accounts for both yourself and your blog. You should have a Facebook Page, a Twitter and an Instagram account at the bear minimum.
Inform everyone in your world that you have an eBook available for sale. It’s just as important to let everyone know before it’s finished. Pick a release date and start advertising.
Make a video
Video is King right now.
Talk about your book in a video and provide a link to purchase it. Share the video through your blog and social media accounts as well as on YouTube and Tiktok.
Ready to make money with Kindle Publishing?
Even if you don’t consider yourself a gifted writer, it’s very possible to boost your income by writing, marketing, and selling Kindle eBooks.
Many eBook writers are even earning full-time incomes from their work. Keep in mind that writing is only one part of the process. Marketing your work is just as important.
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