How to Publish an eBook on Amazon and Make Money

How to Publish an eBook on Amazon and Make Money

Firstly, I believe that publishing to KDP is not the only way to profit from ebook publishing. It is simply the most well-known and easiest. This is likely because Amazon store represents a huge slice of the market. The company controls about 50% of the book market in the UK and claims 67% of eBook Sales market share overall. This article will however focus on how to publish an ebook on Amazon and make money. Over 1.4 million self-published books are released through Kindle Direct Publishing every year (though these are not all exclusive to KDP). (WordsRated.com). The dominance of Amazon is unchallenged. About 91% of the US self-publishing market now uses Amazon print. As IngramSpark also feed to Amazon, as does Lulu, this number makes sense.    Five Ways that Kindle Publishing has Changed Increased Competition: The Kindle Publishing…
Read more
Royalties for authors

What Can I Expect to Make in Royalties as a First-Time Author?

“The time has come, the Walrus said, to speak of many things.” (Lewis Carroll) Today’s unspeakable thing is what all new authors want to know: how much money will I make as a self-published author?  Will it give me the freedom and riches I truly deserve? The quick answer to the first question is, not much… and the second one is, no, not on its own! Bestselling author Federico Pistoni (of Robots will Steal your Job) agrees with me, and I quote: “Most people don’t make any money writing books, and chances are, you won’t be part of the 0.01% that makes it”.Federico Pistoni Derek of CreativeIndie worked out that only the top .06% of authors actually sell 1,000 books over a period of three months at Amazon – so Fed’s supposition is pretty darn close to statistical averages. Even…
Read more
ROI book publishing

Returns on your Book Publishing Enterprise

Writing a book is no mean feat. It’s easy to get carried away with paying for this and that for its success, to help your business revenue.  Regardless, my motto is: “Only spend (on your book) what you can feasibly get back (as a return on marketing).” A higher cash-flow business might put all the costs of a book under marketing — which isn’t a bad idea for direct incentives or in-book bonus offers. What are the Potential Earnings? As a micro publisher, the incomings could include: royalties — see IngramSpark compensation calculator higher lead to client conversions from prospects reading the book/s new leads and JV opportunities greater access to media spots and blogger reviews Since you have to keep your end goals in mind, you may decide to forgo the small royalties from traditional ebook sales to place a higher value on the…
Read more
public lending rights australia claim
Self-Publishing

Claim your Public Lending Rights in Australia

Many authors are getting their books into libraries, and so can make a claim to make up for lost royalties because of free lending under the Public Lending Rights Scheme 1997. Did you know… almost 18,000 individual lending right payments totalling over $21 million were paid in 2015-16. So, if you meet the criteria, registering for Public Lending Rights (or ELR, for educational libraries) can be worthwhile. If you can handle some online form-filling, there could be a little money in it for you. (They will survey where your book is found and it needs to be found in 50 libraries, which is quite a few, so this may take quite some time). Title claims for books published 2011 to 2016 are now being accepted until 31 March 2017. Creators can be authors, illustrators, editors or compilers of a work – and…
Read more
Filters
Reset