Making money on Amazon KindleToday I’m going to talk about how you can make money on Amazon Kindle. This is something I am relatively new to myself, but I’m about to publish my third book on Kindle. My first book has sold over 200 copies in the first two months, so I feel that writing a book for Kindle is something that is definitely worth considering as a way to build up a passive income or a way to add an additional income stream to your home business.

Here are a few reasons why I like publishing on Amazon Kindle and why I think you should consider it:

1) The Amazon site gets HUGE amounts of traffic. This means that your book will get seen pretty much straight away. Compare this to a website of your own, where it can take many weeks to start building up traffic.

2) Once you have written the book, it becomes a truly PASSIVE income stream. When I published my first book I spent a few hours doing some promotion, but since then I have done nothing to promote my book and thanks to Amazon I typically sell 2-4 copies per day.

3) You’ll get 35% or 70% royalties for each sale of your book. You can choose which royalty level you want, depending on the price. The 70% option is available for books in the $2.99-$9.99

4) You can easily sell your book in multiple countries. Amazon allows you to select the “worldwide” option when publishing a book. This means that your book will appear on all of Amazon’s other sites worldwide e.g. Amazon UK and Amazon Australia.

5) It’s a fast growing market. Amazon Kindle books are selling fast and the market is rapidly growing as more people start using Kindles and other devices that can display Kindle books.

6) It’s FREE. If you write the book, convert it and upload it yourself, then it won’t cost you anything apart from your time.

The first thing you need to think about is what you are going to write about. Fiction books sell the most copies, but so far I’ve stuck to non-fiction, as I am not a good fiction writer! The ideal place to start is by thinking about topics that you have some expertise in, or topics that you have a real interest in and are happy to research to find out more. It is also a good idea to search the Amazon Kindle marketplace to see what types of niches are in the best seller lists and what the rankings are like for books in the niches that you are considering.

If you feel that you are not up to writing a book yourself, or you simply don’t have time, another option is to outsource the writing of your book. Here is a great resource on outsourcing your Kindle book.

When you are writing a book for the first time you may want to start off small until you get the hang of writing and publishing on Kindle. One way to do this is by writing a shorter book e.g. around 3000-5000 words and then publishing this at the 99 cents mark. You are not going to get rich by doing this, but it will allow you to get something on Kindle reasonably quickly and get a feel for how everything works. Hopefully you will see some sales pretty quickly and this will then encourage you to start your next book. You can benefit further if you write a series of books as each book in the series will help to increase the sales of the other books.

When I wrote my first book for Kindle I was a complete newbie to this, so I joined a site called Kindling. This site is aimed at Kindle publishing beginners and explains exactly what you need to do to get your first book on Kindle. It also has tips on the best way to write your first book, how to format it, how to add it to the Kindle store and how to promote your book. I highly recommend Kindling if you are looking for step by step training on this.

You can write your book using Microsoft Word, or the free editor from Open Office if you don’t have Word. It is best to stay away from any fancy formatting when you write the book because the Kindle reader is very primitive in terms of the fonts and formatting. I usually stick to using Heading1, Heading2, bullet points and a few images. If you do this, you will find that your book converts much more easily to the Kindle format. Amazon has a short guide on how to prepare your Kindle book so this is definitely worth a read when you are ready to format your book.

I’ve been using a tool called Kinstant Formatter to convert my book to the Kindle format. I like this because it converts my book with just a few clicks of a button and it always looks professional and well formatted without the headaches of doing it all manaully!

To publish your book on Amazon you just need to head over to the Kindle Direct Publishing site and login with your Amazon account. If you don’t have an account already you can sign up for free.

You then just need to follow the instructions to add your book to the Kindle store. This will involve adding a description for your book, choosing categories, selecting the countries you want to sell the book in, choosing prices and so on. You’ll also need to upload your book and a cover for your book.

Amazon usually takes around 12-24 hours to check the book and publish it on the Kindle store. You’ll receive an email to let you know that your book as been published and you can then do a little dance, as you are now a published author!

If you are thinking about publishing on Amazon Kindle, I highly recommend that you take the plunge and just do it. It’s easy to procrastinate, but when you go ahead and start doing it you will find that making money on Kindle it is a lot easier that you imagined!

Let me know below if you have any questions or tips of your own. And if you need a helping hand,you should definitely take a look at the Kindling site.

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