Making Money as a Self Published Author on Amazon
Self publishing has been made easier with the emergence of digital platforms like Amazon. Authors can now self-publish their books, making them available to millions of readers around the world. But how much do self published authors make on Amazon?
The answer to this question depends on several factors. Firstly, it depends on the genre and type of book that you are publishing. Some genres are more popular than others and thus may generate more sales and therefore more revenue for the author.
Secondly, it depends on how well the book is marketed and promoted. Successful authors invest in marketing strategies such as advertising campaigns, social media posts and interviews to promote their books. Additionally, authors may also offer promotional discounts or bundle deals to increase sales.
Thirdly, the amount an author earns from Amazon also depends on which publishing service is used. Authors can choose from Amazon’s Kindle Direct Publishing (KDP) or CreateSpace services for print-on-demand books. With KDP, authors receive 70% of the retail price on each ebook sale if it is priced between $2.99 and $9.99 USD or 35% if it is priced outside of this range; with CreateSpace, authors receive 60% of the retail price for each print book sold in North America and 40% outside North America.
Finally, authors can earn additional revenue through services such as Kindle Unlimited (KU) and Kindle Owners Lending Library (KOLL). KU is a subscription service which offers readers unlimited access to over 1 million titles per month; while KOLL gives Kindle owners access to borrow ebooks from a library of over 800 thousand books without any associated fees or costs for the author per borrow. Although these services pay less than traditional sales, they do provide an additional income stream for authors who are enrolled in them.
In conclusion, there is no single answer to how much self published authors make on Amazon; rather it is dependent upon a variety of factors including genre/type of book, marketing strategies employed and which publishing service is used as well as additional income sources such as KU/KOLL enrolment fees. Ultimately however, success comes down to one thing: writing great content that people want to read!
Conclusion:
How much do self published authors make on Amazon? The answer varies depending upon the genre/type of book being published, promotional efforts undertaken by the author and which publishing service they use as well as additional income streams such as Kindle Unlimited or Kindle Owners Lending Library enrolment fees but ultimately success relies upon writing great content that readers enjoy!