![]() ![]() I haven’t added any new titles since this initial upload, but I still receive royalty payments every month from many of these titles. ![]() I wrote and listed a number of books (100+) on Amazon KDP several years ago. In my experience, it is definitely possible to make significant amounts of passive income through Amazon KDP. On the other hand, book sales of 500 books per month at the same price will end up with over $1000 for the month. For example, selling an average of 100 books per month at $2.99 each, will work out to about $210 for the month based on a 70% royalty rate. It is possible to get a rough picture of what you might earn if you sell a certain amount of books. For instance, Amazon announcedat the end of 2019 that “thousands” of self-published authors made $50,000 or more on the platform for that year. Still, there are random reports of what some authors are making on Amazon KDP, some claiming five and six figure earnings yearly, and others far less. It doesn’t help that Amazon is not very forthcoming when it comes on to sharing book publishing data. Instead of having to hunt down agents and being left to the mercies of publishing houses, an author can simply upload their written work to the KDP platform, add in the necessary details, and hit “publish,” all on their own.Īuthors are also able to earn more royalties from book sales and retain full rights to their works published on Amazon.Ī straightforward answer to this question is difficult to come by. Authors from all walks of life suddenly found it much easier to get their works out to millions of readers globally. It effectively cut out the middlemen and removed many of the financial barriers to publishing a book. The launch of Amazon KDP back in 2007 signaled a revolution in the book publishing industry. In the past, it was quite possible for authors to publish huge bestsellers yet have very little financial gains to show for their efforts. As a result, many publishing houses draft up book deals that strip authors of their ownership rights while collecting the vast majority of royalties. Writers who are not yet established often lack the financial resources required for printing, marketing, and distributing a book. On top of all that is the issue of adequate compensation. ![]() And even if your manuscript reaches the desk of an editor, there is no guarantee that your book will actually reach the publishing stage, let alone arrive on the shelves of a bookstore. Without the right connections, it can be difficult to land a competent agent. Traditionally, authors often go through a bunch of hoops and gatekeepers in order to get their work in front of the decision makers at publishing houses. ![]()
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