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Making Regular Income Publishing Amazon Kindle Ebooks - Business (109) - Nairaland 585e1s

Making Regular Income Publishing Amazon Kindle Ebooks (467826 Views)

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HeliosHay(m): 4:08pm On Jul 30, 2019
kipesco:


What are the giveaways. Do you do the writing your or you outsource.
How many units have you sold on audible or ACX.

Sorry for the many questions o.

I just need to choose between nonfiction and fiction.

Choosing a niche for nonfiction writing has been a major challenge.

Non-fiction is the best for beginners in my opinion. Fiction is more scalable than non-fiction but it requires a LOT OF MONEY to play big in that market. I publish exclusively in non-fiction and it has been very profitable so I see no need to venture into fiction. You can do well in non-fiction if you apply yourself and never give up.

If you're looking for what's possible, in June I made over $11,700 and so far this year I've brought in over $74,000.

June Income breakdown

KDP (ebook + KENP) = $1447.62
KDP Paperback Sales = $4026.74
Audiobook Sales = $6256.50

Total Earnings = $11,730.86 (N4.22 million)

Stick to non-fiction

3 Likes

jefy(m): 6:21am On Jul 31, 2019
HeliosHay:


Non-fiction is the best for beginners in my opinion. Fiction is more scalable than non-fiction but it requires a LOT OF MONEY to play big in that market. I publish exclusively in non-fiction and it has been very profitable so I see no need to venture into fiction. You can do well in non-fiction if you apply yourself and never give up.

If you're looking for what's possible, in June I made over $11,700 and so far this year I've brought in over $74,000.

June Income breakdown

KDP (ebook + KENP) = $1447.62
KDP Paperback Sales = $4026.74
Audiobook Sales = $6256.50

Total Earnings = $11,730.86 (N4.22 million)

Stick to non-fiction
like seriously! Thumbs up..

2 Likes

twosquare(m): 9:52am On Jul 31, 2019
What's up with this Amazon tax....they remove 30% out of the 70% royalty...remaining 40%, right?
HeliosHay:


Non-fiction is the best for beginners in my opinion. Fiction is more scalable than non-fiction but it requires a LOT OF MONEY to play big in that market. I publish exclusively in non-fiction and it has been very profitable so I see no need to venture into fiction. You can do well in non-fiction if you apply yourself and never give up.

If you're looking for what's possible, in June I made over $11,700 and so far this year I've brought in over $74,000.

June Income breakdown

KDP (ebook + KENP) = $1447.62
KDP Paperback Sales = $4026.74
Audiobook Sales = $6256.50

Total Earnings = $11,730.86 (N4.22 million)

Stick to non-fiction
HeliosHay(m): 12:29pm On Jul 31, 2019
twosquare:
What's up with this Amazon tax....they remove 30% out of the 70% royalty...remaining 40%, right?

Yeah...but I don't pay withholding tax cuz I live in the UK which has a tax treaty with the US.

1 Like

twosquare(m): 1:58pm On Jul 31, 2019
Okay...UK requires a TIN, right?
HeliosHay:


Yeah...but I don't pay withholding tax cuz I live in the UK which has a tax treaty with the US.
HeliosHay(m): 2:00pm On Jul 31, 2019
twosquare:
Okay...UK requires a TIN, right?

Yes...you have to have a tax id number
twosquare(m): 5:30pm On Jul 31, 2019
HeliosHay:


Yes...you have to have a tax id number
all right. Thanks
generationz(f): 6:47pm On Jul 31, 2019
HeliosHay:


Yeah...but I don't pay withholding tax cuz I live in the UK which has a tax treaty with the US.
What about Canada?
HeliosHay(m): 7:01pm On Jul 31, 2019
generationz:

What about Canada?

Regardless of the country you're in, you have to have a tax id.

That a country has a tax treaty with another doesn't mean tax isn't collected. In my case, I pay tax to HMRC not IRA...but I pay less than 20% in tax instead of the 30% withholding.

If you live in Canada, and I suspect they have a tax treaty with the USA, it means you'll pay tax to the tax authorities in Canada instead of the IRA.

Any publisher/entity that resides in a country that has no tax treaty with the USA will be forced to pay the default 30% withholding tax rate.

1 Like

Aida13: 5:35am On Aug 02, 2019
eliok:
Through check
Will it be sent to me via physical mail? Thanks
Aida13: 5:38am On Aug 02, 2019
HeliosHay:


Non-fiction is the best for beginners in my opinion. Fiction is more scalable than non-fiction but it requires a LOT OF MONEY to play big in that market. I publish exclusively in non-fiction and it has been very profitable so I see no need to venture into fiction. You can do well in non-fiction if you apply yourself and never give up.

If you're looking for what's possible, in June I made over $11,700 and so far this year I've brought in over $74,000.

June Income breakdown

KDP (ebook + KENP) = $1447.62
KDP Paperback Sales = $4026.74
Audiobook Sales = $6256.50

Total Earnings = $11,730.86 (N4.22 million)

Stick to non-fiction

This is mind blowing. Due to your vast experience and income, could you recommend some topics for us? I'm sure a few won't go amiss smiley we can all make this money together with enough space for all...

Thanks

1 Like

GoldPencil: 8:15am On Aug 02, 2019
publisherrocket + Amazon bestseller list
Aida13:


This is mind blowing. Due to your vast experience and income, could you recommend some topics for us? I'm sure a few won't go amiss smiley we can all make this money together with enough space for all...

Thanks

1 Like

dayus444: 9:43am On Aug 02, 2019
me if you need a Clickbank .
eliok(m): 7:08pm On Aug 02, 2019
You use publisher rocket sir
GoldPencil:
publisherrocket + Amazon bestseller list
GoldPencil: 8:16am On Aug 03, 2019
yeah
eliok:
You use publisher rocket sir
Aida13: 2:49pm On Aug 03, 2019
GoldPencil:
publisherrocket + Amazon bestseller list

Just hearing about publisher rocket.. Will look it up. Thanks
Babawon1: 2:59pm On Aug 03, 2019
Op, I want to be earning like you. did u have a tutorial book
eliok(m): 3:19am On Aug 04, 2019
Yeah he has
Babawon1:
Op, I want to be earning like you. did u have a tutorial book
deafeyez: 8:34pm On Aug 04, 2019
Hey Bosses in the house, I am kinda confuse on an image to use on my book Title: Secrets of Academy of Magic

Please, from the images attached, which is great.

I will also appreciate if a link is given to some stock wizard photos. I couldn't get any from Shutterstock.
myjourneysofar: 5:24pm On Aug 11, 2019
mk82:

Just so your research very well, you will discover hidden gems.

My loyalty sir.
After reading a lot I decided it is time to take a step.

I outsourced a 10500 words and published the book on the 9th.

I did 3days promo and I am having nice s, which I am impressed.

But the book came out just 43 pages.

Also, I am seeking for a good narrator for royalty share do you have any to recommend?

How do I gain more exposure for my book.
mk82(m): 6:14pm On Aug 11, 2019
myjourneysofar:


My loyalty sir.
After reading a lot I decided it is time to take a step.

I outsourced a 10500 words and published the book on the 9th.

I did 3days promo and I am having nice s, which I am impressed.

But the book came out just 43 pages.

Also, I am seeking for a good narrator for royalty share do you have any to recommend?

How do I gain more exposure for my book.
Congrats on your new book. I don't have a narrator to recommend.
eliok(m): 1:54am On Aug 12, 2019
43 pages?

I use verdana font size 16
Put spacing in msword to 1.5
Set page setup in msword 6x9 or 7.5x9.25
Try these
Question: how much you paid for outsourcing this book
myjourneysofar:


My loyalty sir.
After reading a lot I decided it is time to take a step.

I outsourced a 10500 words and published the book on the 9th.

I did 3days promo and I am having nice s, which I am impressed.

But the book came out just 43 pages.

Also, I am seeking for a good narrator for royalty share do you have any to recommend?

How do I gain more exposure for my book.
myjourneysofar: 7:02am On Aug 12, 2019
eliok:
43 pages?

I use verdana font size 16
Put spacing in msword to 1.5
Set page setup in msword 6x9 or 7.5x9.25
Try these
Question: how much you paid for outsourcing this book

I was charged 0.012 per word. I had the option of choosing the one for 0.01 but then I needed quality which I got. They did the formatting too.

I will try what you have suggested up there.

Thanks.
Herlertah(m): 1:37am On Aug 14, 2019
Hi guys, I started following this thread two days ago and I can say that you've got me hooked to this kindle thing. I have decided not to procrastinate and start with something. I have been hearing all about it before though. So decided to create today and it was asking for TIN given by my country of residence. The field is required and I don't have TIN so I just put "nil" there and went on with the whole thing. Question is, will this affect my cashing out later?

Also, pls, in details, how does the payout really works. Thanks a lot. I am sorry my questions are too much
humblehustler: 1:53am On Aug 14, 2019
Please mk82, how can I source for quality images for my cookbook? I recently outsourced one, but the book is filled with crappy images.
Ojireal(m): 5:00pm On Aug 18, 2019
pls I need ur help on this issues:
most of my audio books are on pending review for the past one month. i sent a message to and they replied saying that they are investigating my to see if it works in accordance to the acx Ts and Cs. my problem is that this investigating is taking more than a month. What could possibly be the problem and how do I go about it. thanks for the good work
HeliosHay(m): 5:03pm On Aug 18, 2019
Ojireal:
pls I need ur help on this issues:
most of my audio books are on pending review for the past one month. i sent a message to and they replied saying that they are investigating my to see if it works in accordance to the acx Ts and Cs. my problem is that this investigating is taking more than a month. What could possibly be the problem and how do I go about it. thanks for the good work

If the ACX wasn't set up correctly then that could spell problems.

They might suspend/terminate the and you'll no longer be able to audiobooks
eliok(m): 7:13pm On Aug 18, 2019
When you open the . His many audios you have submitted?
Which country you chose for acx ?
Can you answer then I will tell you why the delay
Ojireal:
pls I need ur help on this issues:
most of my audio books are on pending review for the past one month. i sent a message to and they replied saying that they are investigating my to see if it works in accordance to the acx Ts and Cs. my problem is that this investigating is taking more than a month. What could possibly be the problem and how do I go about it. thanks for the good work
charlsy(m): 9:06pm On Aug 18, 2019
Ojireal:
pls I need ur help on this issues:
most of my audio books are on pending review for the past one month. i sent a message to and they replied saying that they are investigating my to see if it works in accordance to the acx Ts and Cs. my problem is that this investigating is taking more than a month. What could possibly be the problem and how do I go about it. thanks for the good work

Are you resident in one of the authorized countries ACX permits to use its platform?
myjourneysofar: 9:08pm On Aug 18, 2019
Ojireal:
pls I need ur help on this issues:
most of my audio books are on pending review for the past one month. i sent a message to and they replied saying that they are investigating my to see if it works in accordance to the acx Ts and Cs. my problem is that this investigating is taking more than a month. What could possibly be the problem and how do I go about it. thanks for the good work

What country did you use when opening the
Ojireal(m): 11:29pm On Aug 19, 2019
myjourneysofar:


What country did you use when opening the

USA dear

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