What is Amazon Kindle?
Amazon Kindle is an online eBook publishing platform from online book and retail giants Amazon. People visit the Amazon Kindle Store to purchase ebooks that they can read instantly on their tablet, laptop, e-reader or other platform.
Amazon Kindle is a very good platform to make tons of money on. Amazon Kindle market and distribute your book on their website and you receive money if your book sells. It could not be any simpler. It is very easy to get started on Amazon Kindle.
Getting Started
The first thing you would need to do is register an account on the Kindle Direct Publishing (KDP) website, this would involving registering your personal details as well as entering in a bank account in which Amazon can pay you. Once you have your account set up you are good to go and you will be able to publish mind-blowing books.
There are many advantages to selling ebooks on the Amazon Kindle, the first one being it is very simple to use and its even easier to upload your content on. You get to keep full control of the book and just with one click you can publish your book globally and it will reach readers worldwide.
You choose between two options for royalty payments. The first option is you receiving a 70% royalty fee if your book is priced between $2.99 and $9.99. The second option is if your book is priced between $0.99 and $200 then you receive a 35% royalty fee. I would recommend using the 35% option at the start and price your book at $0.99. This is because your book is relatively new and it will bring people in as $0.99 is not much of a financial investment as a higher price such as $3.99. More people will buy your book and thus you will get more reviews and more profit. Once your book is more established you can raise your price up to $2.99 or higher to receive the 70% royalty fee.Reviews are very important when it comes to establishing your book and making it successful. Reviews help a customer decide if they want to buy the book or not. A good way to receive good reviews is to enrol your book into the KDP Select programme. The KDP Select programme is an promotion that Amazon designed which is basically Amazon let users download your book for free for a selected period of time. If you enrol your book into the programme you will get more people to download your book. This means if your book is good, (which it will be) people will want to share it with their friends and recommend it. They will share it on social network websites like Facebook and Twitter. That means more positive words about your book and you receive free advertising. Enrolling your book in the programme will also mean more people will have the chance to post positive reviews about the book.
Check out the video below from our new YouTube channel which tells you how to make money on Amazon Kindle. In the video Annie explains how effectively make money on this platform. For more great videos from The Marketing Guy be sure to subscribe to our YouTube channel
Finding a Profitable Niche
Ok, that's enough of our shameless self promotion, now back to business. You might be thinking what shall I write about? Write about your passion. Something you are passionate about helps because you will enjoy writing about it and you'll be knowledgeable about it (if not research about it on the internet). Your passion can be anything from cats and dogs to football or cars. You can teach people how to look after their dog properly or how to play golf properly. You can even write about fiction books and create the next Harry Potter. You could write children's books, romance novels, thrillers, anything that you want.
You also have to make sure the niche you have chosen is profitable, there is demand for it and it has low competition in the chosen niche. To see what is popular browse the Amazon Kindle Most Popular section or go on eZineArticles for some inspiration.
If you can't be bothered to write your book yourself then you can always hire someone to write it for you. You can find someone on freelancing websites such as Elance or Odesk and get them to write for around $30-$40 for a 60 page book. All you have to do is make an account and post a job, which are both free of charge. Make sure you specify all the details you would like to include in your instructions to your freelancer.
Make sure the book you write or get written for you is of high quality. This is very important as you do not want to receive a negative review for your book. Remember feedback and reviews are very important and you do not want to get bad ratings.
Next you will need a design a good looking front cover that will attract buyers. You could design it yourself if you have good skills on Photoshop or you could hire someone on Fiverr. Fiverr is a micro-jobs website and people charge only $5 to make an excellent looking front cover.
A good tip for making extra money from your book is to include affiliate links in your book. If you would like to learn more about Affiliate Marketing click here and here. Inserting affiliate links will make you extra money. Want more help with Affiliate Marketing? Read the review of the Online Affiliate Guide here. Don't overdo it and only put affiliate links in where you need to otherwise it will just look spammy. Also dedicate a page to writing down a copyrighted notice that protects your book like this.
Getting your book on Kindle
Once you have done this you can upload put your book and front cover together and convert it into PDF format. You can do this on Microsoft Word. After you have done that you can upload it onto Amazon Kindle. You also have to correctly format your book in the correct Kindle format. You can use AK Elite Bookmaker Software to correctly format your books in the correct method. You can also do it yourself by following the Amazon Kindle Formatting Guidelines Log into your Kindle account, click add title, set the price of your book and you are good to go. Make sure you make use of the description and the title. Write a good description as this is one of the main things that sells your book. Make sure you tell potential customers what the book is, what you will learn, why you should buy the book and any other information they need. The description word limit is up to 700 words so make sure you use all of them. Insert keywords into your title. So for example if your book is teaching people how to play golf then you could call your book:Learn how to play Golf like a Pro - Step by step guide to play Golf
Play Golf like Tiger Woods - The Ultimate Guide to Playing Golf
Promoting your eBook
So you have now successfully published your book on Amazon Kindle. Well done. Now you need to promote it like crazy! Make social media pages for your book on Facebook, Twitter and Google Plus and also post content that promotes your book. Get people to share it on their Facebook, Twitter and Google Plus. Create a blog for it. Make a video that promotes your book and post it on Youtube. Get bloggers to review your book. Anything that spreads the word of your book.
You could also give it away for free to people. Post it on Facebook groups and fan pages about your niche. In our golf example you could post it on Facebook and Twitter pages that are similar to your niche. You can gift the book to chosen email addresses therefore getting people to give verified Amazon reviews.
Submitting your book onto your website to get it more popular. The main aim should be to make the book viral. Posting it on book websites like GoodReads and LibraryThing. Get the Ultimate eBook creator, it also lets you publish to Apple iBookstore and Barnes and Noble. Click here to find out more about it.
Put a link to your website in the footer of your book on each page, this way people can visit your website. It will bring more traffic to your website or blog as well.
By following these steps and using a 'Repeat and Rinse' process you can create an eBook empire that brings you in thousands of dollars of passive income a month without you even doing anything. All you have to do is repeat this process and carry on publishing books.
Want to learn more about Kindle and find out how to make passive income month after month? Click here to find out.
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