There are people who really love the Kindle select program and others who don't want to know about it. Often, this just comes down to how much work you put into it. If you are just going to put your book up and hope for the best, you are going to end up becoming very frustrated. It is those people who work at it that succeed. Read through the success stories and you will find out.
Let's Dig a Little Deeper - How Can Enrolling in Kindle Select Help You?
- Amazon Prime members can borrow your book - you will get royalties from this, which is based on a number of factors, but this figure just seems to be climbing. Obviously if your books are priced higher, you are in the pound seats because most people will just buy a cheaper book.
- There is a school of thought that says people are not buying as much because of the freebies that are now available. Perhaps there are too many free books out there and this makes it difficult for the indie publisher. However, if you need something right away, the chances are you will get it. There are many great books out there that only cost $0.99. That is not going to set you back all that much.
- The 5 free days of advertising - this is why most people are here and this is how you can get your book ranked and promoted if you are smart about it. Ultimately, this is what is going to give your book the exposure you are looking for.
The Cons of the KDP Kindle Program
If you have read through the document above, you would have found out that you can only publish here at Amazon for 3 months. That means you can't go to Apple, Barnes and Noble or anywhere else just to see what happens. You will have to wait the full 90 days.
This is a contract that you sign into and this is what most publishers moan about. However, time will fly and before you know you will be allowed to move on. Just remember, you will have to tell them you don't want to go on with the program for a further 90 days because it is automatic.
Is it Worth Publishing on KDP?
Looking at the stats, you will see that authors get 90% of their sales for Amazon. Of course, this depends on what the genre is as well. Some people find that Amazon isn't the best place to go to for nice glossy picture books. Some romance authors find that Nook helps them out quite a bit. These are things you will have to find out for yourself.
For me, I just love the Kindle Owner's Lending library. Most of my books are under a dollar, so at the moment if someone borrows a book, it usually amounts to $2.50 in royalties. This is a sweet deal, if you think about it.
You won't get a bonus like this on one of the other platforms, so this is something that will help you in a big way.
Here is just one success story
This is Lee - like so many others, Google decided to come down hard and reduce his earnings next to nothing. A lot of people have to thank them for this because it opens doors for us. Lee has had a passion for reading and writing since the age of 11, but forgot about this as he climbed the corporate ladder.
Soon enough, he got into self publishing like many others, however, he had all the determination. Lee made $100 in the first 2 months - this is normal, actually. Now he is earning a couple of thousand. More importantly - he loves what he is doing.
Writers and Publishers - Which are You?
Some people love writing and that definitely helps, but you you should know by now that if you want to succeed, it is more than just magic that your fingers bring to the keyboard. Then there are those that are just happy to publish without doing any writing. This may be because they feel they don't have the necessary skills or they feel they don't have the time.
It could be because they don't know anything about the subject matter. Writing an eBook is different to writing an article, so there are a few things that you need to know about it before you get started.
I'm going to tell you about Schuck - a publisher who saw the gap
Schuck was another internet marketer who found things were not going too well after the Panda and Penguin era. He had a friend who was selling books this way, so he decided to jump in. Schuck started two years ago, publishing between 1-2 books a month.
He did his research, so he knew what people were looking for. In 3 months he was earning $1, 000 a month of passive income from Kindle publishing, which kept climbing. This involves basic research, getting someone to write for you and the rest is basic good solid marketing.
I decided to go this way with my first book. I did my research and found a subject that I was interested in. By the way, I can't stress enough how important research is. I will prove it with this book.If you don't have to do much promotion, marketing or any other advertising, you know you have got a winner.
I have been selling 2 copies of this book a day. Yesterday I sold 5. I have to say that if you go to a cheap editor, you will get a cheap job. In saying that, you can also get a very affordable job.
Amazon Price: Buy Now
(price as of Jul 14, 2016)
Writing under a Pen Name
Why would you want to write under a pen name? Don't you want to make a name for yourself? Well, that is sometimes why people use different pen names. Amazon allows you to have up to 3 different pen names that you can make profiles from.
Many people do this to be anonymous. There are people who want to establish themselves as a certain type of writer, so if they use that same name to bring out a travel book just as an experiment, it would look a little odd.
Weighing up the Pros and Cons
This is usually more of a personal thing because you have to ask yourself if you really enjoy writing and what you get out of it. Remember, this is something you will be doing for many hours of the day. A lot of people are forced to write themselves because of the prices involved with ghostwriters.
As a result, they actually start to enjoy it. You will probably drive yourself crazy if you are writing about something that you don't know anything about or you have no interest in. I would suggest you start with something that you know about and you really enjoy.
At the end of the day, Kindle eBook writing is not about one or the other. You have to be both - you have to be a writer, and think like a publisher and if you are not writing, then you should know something about it. Usually a writer will just go into right brain mode and forget about the planning and organization, which comes next.
Have a plan of attack in place - draw this out if you need to. You need to know what your long term and short term publishing plans are. You should have certain strategies in place that will help you achieve your goals. Don't say, "oh yeah I must set up a Facebook page tomorrow and then get the website sorted out." You have to have this marked with deadlines right in front of you.
If you follow these steps, you will be on the right track.