Do you consider yourself a wordsmith interested in making money?
In that case, a wide range of possibilities awaits you. Starting a website or blog that you may monetize through advertising revenue, content submission fees, freelance work, and other methods is possible. All of them are great, but if you really want to make some money, you should write books to sell on Amazon.
Here’s a chance to cash in if you play your cards well.
The Amazon Kindle is a portable electronic book reader (or ebook reader) that can store and read electronic books. It’s lightweight and portable (around 10 ounces), and it utilizes wireless connectivity.
It doesn’t matter where a user is, they will always be able to connect to the Kindle Store on Amazon.
They can also order books, magazines, and newspaper subscriptions. Becoming a Kindle author allows you to sell your work through the Kindle online bookstore.
Yes, publishing your work on Amazon’s Kindle can be a lucrative business venture. Similar to every other potential source of income, however, there are both benefits and drawbacks to this one. What are they then?
The whole thing does take some time, don’t get me wrong.
But in a few easy steps, you can have your ebook in digital form, ready for sale, and earning money in no time. The process as a whole is what you should be thinking about.
A book must be written, edited, and published before it can be put on the market. It can take a long time to write an ebook, even if you are a talented writer.
How you get paid.
Amazon, unlike many marketplaces, does not formally deduct a fee from each sale. Instead of a flat rate, you’ll receive a percentage. Their TOS states that for every copy of your book that is sold, you can receive either 35% or 70% in royalties for eBooks, and 60% for paperback books.
The positives are that you get paid and that Amazon is among the most visited websites worldwide and still leads in book sales. So, it’s expected that you’ll see a high volume of interest in, and hopefully purchases of, your book.
There is no promise of success.
Putting a book up for sale on Amazon Kindle’s website is no guarantee that it will sell. The good news is that there is no listing fee and no storage fees; you only pay when you make a sale.
The risk is minimal when selling your book on Amazon. If it doesn’t sell, oh well! You didn’t lose out on anything.
An old book of yours can be given new life with the right touch.
The rights to an ebook or a self-published book belong solely to you, the author. This means you can put it on Amazon to sell.
Amazon’s Kindle relies on a digital text platform. A book can be easily read on a portable device and its picture quality surpasses that of a computer monitor. You can submit your work in a variety of formats, including HTML, PDF, text, and Microsoft Word. The system formats it automatically for you.
Price is up to you.
You will be asked to set a price for your ebook when you publish it to Amazon.
Everything is up for grabs as far as options go, though a good amount of market research will tell you what a similar book with similar length should sell for. A book that is priced too cheap will not generate much revenue, whereas a book that is priced too high may not sell at all.
More copies of your book can be sold if you promote it.
Amazon.com is a thriving virtual marketplace that receives millions of shoppers every year.
Therefore, it is reasonable to expect natural widespread interest in and sales of your book. But you can take further action to promote it on your own. You can market your book in a variety of ways, including through press releases, online discussion forums, and requests for reviews.
There are benefits and drawbacks to making money through authoring and selling Amazon Kindle books. If you have some time to spare and nothing to lose, you should see what this chance can do for you.