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If this is you, Kindle publishing is an excellent opportunity! It is a newbie-friendly and fairly inexpensive business model. Are you looking to gain experience but don't have a lot of money to invest?
#Kindle publishing upgrade#
If you have more money to invest, I encourage you to upgrade to more scaleable business models, like doing affiliate marketing, dropshipping, or selling physical products on Amazon. I don't know many self-publishers who have been able to accomplish that. For this reason alone, it's not easy to scale your business to 6-7 figures.
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To make over $100,000 per year, you would need to sell A LOT of books. A Kindle eBook sells for anywhere between $2.99-$9.99, while a paperback book sells for up to $20. The challenge with making a lot of money publishing books on Amazon is that you are selling low-ticket products. Is Kindle publishing the best way to become financially free? Self-publishing is a 26 million dollar industry, which has made it a very popular way for people to make money online. The benefit of publishing books on Amazon is that you get to leverage Amazon's platform. Writing books is a powerful way to share your message with the world. If you are someone who loves to write, Kindle publishing is a great opportunity for you to pursue. Before you dive into this business model, I encourage you to take a step back and assess what your goals are. Your success with an Amazon book publishing business depends on two things – you and your goals. How would your life change if you were able to create a $10,000 per month Amazon book publishing business? CLICK HERE to get instant access to my FREE book publishing video training! Is Kindle publishing a profitable business model?