Make Money with Kindle Direct PublishingEarn money with Kindle Direct Publishing
Like making 0,000 in Kindle Royalties?
Quanity or qualitiy? Is there a playwright who doesn't want a six-figure salary? - Yes, there is: the one who already has a seven-figure salary. However, let's be (for now) more humble and speak about $100,000 in license fees per year. But some writers are caught between two apparently (and I emphasize apparently) alternate paths: qualitiy vs. abundance.
STRADIVAVARI FOLINS stradivavari folins are the point in the case (to prevent a dispute about the best ledgers of all time). We have an writer or editor who devotes an immense amount of his or her own considerable amount of material and resource to the "production" of the work. Put everything into words, make countless edits, spend tonnes of money on research, editorials and advisors and then invest another million in the field of auctions.
Yes, such a machine can make bestsellers. There' too many dope magazines out there, especially in the e-book world. That is why the number one is and remains rule: That is to be seen as an appropriate standard of workmanship. Consider the good old novel style and you will find that the really prosperous authors of the period produces very good novels and were very proficient about what they did.
There is another thing, though, and that is the crowd. Come back to our example of $100,000 in royalties and expect to see your book published on the Amazon Kindle Direct Publishing plattform. There' s the example of the bestseller number one - and I mean a bestseller on the front page of the Amazon Kindle bestseller list:
It does unbelievably well, sold at $4. 99, remains in the top 100 for a few month and, at the end of the year, calculates an Amazon sales rank of 500 over 365-daily. With a 70% license fee, the writer will have earned more than $100,000.
However, what are the chances that you will get a top ranking and stay in the Top 500 for a whole year? Therefore, if you are publishing on Kindle (or any other publishing platforms for this matter) and if you want to make money, you need to stick to number two: the number two rule:
RULTION #2: YOU HAVE TO MAKE A LOT OF COPIES OF BOOKS. As a Kindle writer, your yearly earnings essentially depends on four variables: In addition, all your published works need at least some administration and an appropriate amount of advertising and advertising. In order to achieve your $100,000 target, you need to establish an effective manufacturing machine.
There is no way to spend your own precious resources searching for the right niche or squandering money by taking the risk of what kind of books or genres will be sold. Ah, before I forgot, here's the last one. It' the rules that end the discussion about a trade-off between rules #1 and #2.
It' the Kindle millionaires' rule: So how can you make $100,000 or even $1,000,000 (one million!) in royalties?