Can you make money selling Amazon Kindle ebooks? Absolutely!
In fact, I didn’t realize just how it easy it was until I a friend of mine, Ty Cohen, revealed to me that he was making well over $30,000 a month from it… as a side business!
And it really is super easy. Look, I know almost every way there is to make money online; Adsense, Amazon and Clickbank SEO sites, email marketing, CPA offers, viral videos, product launches, etc but none of them comes close the simplicity and power of making money publishing ebooks for Amazon’s Kindle platform.
Here’s some of the advantages of selling Kindle ebooks:
- 70% commissions
- Don’t have to drive traffic. Google loves Amazon Kindle ebooks. Use your keyword in the title of your ebook and you’re good to go!
- No customer service. Amazon handles all the ordering, refunds, etc
- No capital required. You can write your own ebooks, or if you don’t want to do that, hire someone to write them for you
- No other fees. Creating a publisher account and uploading ebooks is totally free
- No ad copy skills required. You don’t need a sales page to sell your product
- No technical skills required. If you know how to write up a Word document, then you’ve got what it takes
3 Steps To Making Money Selling Amazon Kindle Ebooks
Here’s the 3 steps you need to take to start making money selling Kindle ebooks:
Step 1: Keyword Research
When searching for a keyword to base your ebook on, pick keywords that have a combined Global Search of 10,000 to 100,000.
Titles are so important. Create your title after a specific keyword. This is awesome for SEO but make sure it makes sense.
Google loves Amazon.
When creating your title, use title enhancer prefixes. These title enhancers will typically answer the question people have in their minds. Here’s some good examples:
- How to
- Quickest way to
- Fastest way to
- Easy ways to
- Tips to
- Ways to
- Cheapest way to
- Best way to
When researching possible keywords and niches, do a search for “how to [keyword]”, e.g. “how to garden” and see what comes up in the results.
Step 2: Create the Content
Content is king. Always put quality of content over quantity of content.
Don’t like to write or don’t have the expertise on a particular topic? Hire others to create the content for you. You can hire retired English teachers, stay at home moms, out of work bloggers, and others that love to write.
Step 3: Publishing Your Ebook
Here’s what you need to do to publish your Kindle ebook:
Amazon signup url: kdp.amazon.com
After you’ve signed up for your account you can upload your ebook. Enter your Title and your Description. The Description should explain what the reader can expect to accomplish by reading your book. Be honest and straight-forward. Use good ad copy and as much of the 4000 words available as possible.
Select English as the language.
Always select “this is NOT a public domain work…”
Don’t use Private Label Rights (PLR) material or public domain material because Amazon don’t like it.
Pick highly relevant categories only.
Don’t use general keywords like “health” or “weight loss”. Instead use “women’s health”, etc
After your Title, the second most important element in selling your ebook is your cover. Not a Photoshop expert? You can hire someone at fiverr.com to create it for you cheaply.
Use .doc file type to upload your ebook.
Stick with Worldwide Rights.
Pick 70% Royalty. Most ebook snare sold between 2.99 and 9.99.
$8.97 is a great price point. $2.99 doesn’t sell more than the higher price points. $8.97 is better overall return.
Set price points at other currency at same price (after conversion).
That’s it! You’re now an ebook publisher.
If you’re looking for a great (and super easy) way to make money online from home, that is truly automated and residual, then I don’t know of many better than this strategy. And because Amazon Kindles are selling like hotcakes and growing in popularity exponentially, this opportunity will be hot for many more years to come.
If you’re serious about making money selling Kindle ebooks, then I highly recommend you check out the webinar I did live with Ty Cohen (who makes $30k+ per month with this method). You can watch the webinar replay by clicking here.