Cover via Amazon .....You may want to take a look at this article. It shows how an indie writer is making millions on Amazon selling her books on Kindle. She prices them anywhere from 99 cents to a few dollars. However, she gets to keep 70% of the sales money. The price point is perfect because it turns into an impulse buy. The only cost, if you want to call it that, is the time it takes to upload the book. Oh & you have to give 30% of the gross to Amazon. However, you still get 70%, which you'd never get if you had to get a publishing deal, a manager, etc.
How does she do it? Simple. She does it on volume. She averages over 100,000 copies sold of different books a month. Let's go lowest price point. If she sold 100,000 copies at $1.00, she's making $100,000 in gross sales, with her share being $70,000 a month. That's just on the lowest price point. If most of that is actually around $3.00 price point, well, you do the math.
Think about it. You don't need a publishing deal. You don't have to worry about inventory or fighting for shelf space in a bookstore. For blogs like http://www.jennyswallows.blogpost.com/, this might be a great way to make a very good living. Even if you don't have great word of mouth & you only make a fraction of what this woman makes, it's still pretty good. Anyway, here's the article:
http://www.businessinsider.com/amanda-hocking-2011-2
How does she do it? Simple. She does it on volume. She averages over 100,000 copies sold of different books a month. Let's go lowest price point. If she sold 100,000 copies at $1.00, she's making $100,000 in gross sales, with her share being $70,000 a month. That's just on the lowest price point. If most of that is actually around $3.00 price point, well, you do the math.
Think about it. You don't need a publishing deal. You don't have to worry about inventory or fighting for shelf space in a bookstore. For blogs like http://www.jennyswallows.blogpost.com/, this might be a great way to make a very good living. Even if you don't have great word of mouth & you only make a fraction of what this woman makes, it's still pretty good. Anyway, here's the article:
http://www.businessinsider.com/amanda-hocking-2011-2
No comments:
Post a Comment