Selling books on Amazon is highly profitable, but with all its nuances that you should get acquainted with ahead of starting your business.
Today we are going to:
1. learn more about Kindle Direct Publishing
2. analyze all the benefits and shortcomings of this type of business
3. find the right niche
4. understand how much money is required to start a business
5. discover how to convert your e-books for supported Kindle formats
Kindle Direct Publishing (KDR)
KDR is Amazon’s service you can use to sell your books, publishing both e-books and paperbacks. Enrolling in it, you are having an opportunity to promote your books on a ready-made platform.
Kindle Direct Publishing is the only thing you need to start your e-books business. No money is required to register and publish your books there. Even the beginner will handle all the registration and publishing issues on KDP.
Let us provide you with screens from Amazon.com to understand how to start the business:
The registration is as simple as it can be. You should enter the author, payment method, and tax information. After it, you should fill out the information about the book: author, title, and description as well as adding the cover and pricing of your book.
Benefits and shortcomings of selling books on Amazon
If you want to sell something unique on Amazon, but you are worried about the fact that you are not a writer, then we have good news for you: to run the Amazon book business, you don’t have to be a writer. You may be a coach, fitness instructor, nutritionist, or expert in any other field willing to share your thoughts and experient with millions of people, and Amazon gives you this opportunity!
Being an expert, you can boost your sales and attract more customers as well.
You also can promote your company or startup selling books about your services and products – and there is no need to write long stories to publish them on the platform.
In the meantime, people who already sell on Amazon and build their Private Label may sell their books using it as an additional marketing channel.
Besides, the quality of the product depends only on you and not on the manufacturers or delivery services.
And this business requires no extra time from you: launching several books, you will have an income for pretty a long time.
However, there is one big issue you should be prepared for: You need a team and freelancers.
Even if you are a native speaker or speak English fluently, you will need designers, editors, etc.
How to find the right niche?
Our goal is to build a business with a steady income and great demand. Thus, for your book to be received by the public, you should analyze the market and relevant search queries to understand what books have the chance to become bestsellers.
To find the right niche, you need should find the answers to the following questions:
• What is in demand?
• How much knowledge do you have in this field?
Whatever you choose, you should make sure that it is or will be in demand, but with no high competition.
Let’s use a special tool – Google Trends; it will help you assess how relevant your choice is.
It is completely free and easy to use: just enter a search term or a topic and you will be provided with all the necessary data: Interest over time, Interest by sub-region, Related topics, Related queries, etc.
This is how you can select your niche, but in any case, you may face some shortcomings as you may choose the topic that has a lot of free info on the internet. Thus, you need a niche with information that people are ready to pay for. In this case, let’s move on and analyze the related books’ performance and demand directly on Amazon. Entering the term or phrase in Amazon’s search bar you will realize whether the people are ready to pay for your information or not.
Your initial investments
You may be surprised, but you will need nearly 100 dollars for the beginning: to pay a freelancer and editor as well as create a unique cover.
How to convert your e-books for supported Kindle formats?
KindleGen is a utility for converting an e-book to the supported formats.
Amazon’s KindleGen is a free program created to help sellers prepare their books for selling.
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