Kindle Publishing – An Incredibly Profitable Income Funnel
Whether you enjoy writing, or you have existing content that you’d like to monetize, Kindle Publishing is one of the easiest and most profitable ways to get started.
I know you’ve probably been through your share of missed opportunities, where you’ve felt as though had you moved on something sooner, you’d have been successful at it. We’ve all been there. The greatest thing about Kindle publishing is that it was quite popular but since Amazon Kindle Fire it only got even more popular.
And here’s a bit of inspiration from fellow self published authors on Kindle:
- Amanda Hocking sold over 100,000 copies of her kindle books
- Nathan Lowell sold over 4,000 copies in a single month
- Ellen Fisher sold over 5,000 copies of her kindle books
- J.A Konrath sells over 10,000 copies every single month
These self-published authors have gone on to make thousands of dollars in royalty payments every month from Amazon. Even the complete beginner can start making money quickly, because the Amazon Kindle marketplace is wide open to everyone from all walks of life, all experiences, and all types.
If you have the ability to write short stories, tutorials, guides, or even a true story of your life and experiences, you can build an incredibly profitable income funnel from within the Kindle marketplace.
Plus, publish a book once and continue to generate passive income for years to come! That’s one of the most exciting aspects of becoming a Kindle author. You can continue to make money over a very long period of time for a book that you published years ago! Unlike other facets of online business where content is quickly outdated and replaced with new techniques or strategies, stories never grow old!
So, how can you start making money as a Kindle publisher?
For starters, you’ll need content. One of the greatest things about publishing on Kindle however is that there are virtually dozens of categories where mobile users browse for material. For example, if you have access to short stories, you can publish in a variety of different genres. If you have training material, ebooks, or guides, you can easily repurpose those into best selling information products, all made available to mobile users.
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One thing to keep in mind is that Amazon will accept content from the public domain. In addition, if you tweak existing PLR content, you can also publish it as a Kindle release! Imagine just how many new books you could publish just by revamping existing material and PLR releases!
Now, before you choose your content, let’s take a quick look at how you can determine what books are likely to sell.
Researching different categories on Amazon will help you not only choose your content, but come up with catchy titles and keywords for your books’ descriptions.
Start by browsing through Amazon’s Best Sellers based on each Top 100 list. Amazon segments it’s categories based on top sellers for all of the different genres, so you can easily see what is currently selling within the Kindle marketplace for anything from Business to Paranormal releases.
Here’s the direct link to Amazon’s Best Selling List: http://www.amazon.com/Best-Sellers-Kindle-Store/zgbs/digital-text
You will want to spend some time browsing through each category, taking notes of titles used, keywords found in descriptions and also pay attention to the colors and styles on the book covers used by publishers. All of these things play an important part in helping to maximize book sales.
What you want to do is create an outline for your publishing endeavors. You want to list titles, categories, genres, and ideas that come to mind as you browse through the Kindle marketplace. Write down everything you can think of! This will serve as an “idea muse” that you can use later on when you are looking for new ideas to write about.
Start off with the most popular genres, which include:
- Business & Training Books
- Paranormal & Romance
- Young Adult (YA)
- Action & Thriller
- How To Style Books
When you are first getting started as a Kindle publisher, you’ll focus on offering mobile-only books in Kindle format, but once you’ve gained some experience publishing your stories, you can then expand your outreach by publishing via paperback as well. You can do this for free with www.CreateSpace.com
To set up your Kindle Publishers account, visit https://kdp.amazon.com/
The sign up process is very short and simple. Enter in your name, email address, and physical address. You will also have to choose how you wish to be paid. If you are within the USA or UK, you can opt to receive payment via direct deposit. For all other countries, including Canada, you will receive payment via check.
One thing to keep in mind is that if you are from anywhere outside of the United States, Amazon will retain 30% of all profits in order to pay the IRS for income earned. In order to waive this tax, you will need to apply for an ITIN number, which indicates to Amazon that you are from outside of the United States and based on your country’s tax treaty; you may be exempt from any withholdings.
Once you have your Amazon publisher account set up, you will be able to submit your first publication.
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To your success,