Can You Make Money On Kindle? Yes, Here's How!
Kindle is an e-reader platform that was developed by Amazon. The platform enables readers to download newspapers, e-books, magazines, and other digital media. You can download books to the Kindle store through a wireless connection.
Kindle provides a platform to publish your within 24 hours. With approximately 90 million Amazon kindle subscribers in the United States, you are assured of getting a ready market and subsequently making real money.
However, it is not as easy to earn on Kindle as it might sound. You have to target the correct category to start making money, implying that you have to do thorough research and discover which category fits your book. Researching makes the process long and tedious. Fortunately, DoNotPay has created the Make Money Online product that helps you receive earnings from Kindle quickly and effortlessly.
What Are Eligibility Requirements on Kindle to Start Making Money?
if you are an author. It is entirely free to publish on Kindle; you will only need to set up an account with them and publish a book. Please note that Amazon Kindle will only pay you when your book sells. As the author, you receive a royalty depending on the book's price, and Amazon takes the rest.
Why You Should Self-Publish Your Book on Kindle
The following are the reasons why you should publish your eBook on Kindle:
- Amazon is the leading eBook platform
- Kindle store provides diversity
- You can publish your book in different formats
- Amazon has several marketing options
How Much Do You Earn for Every Purchase of Your Book?
Before publishing your book on Kindle, get conversant with their pricing and royalty options. A royalty option is what you expect to get after your book sells. The options include:
| If your book is priced from $0.99 to $2.98, | you earn 35% for every purchase made. |
| If your book is priced at $2.99 to $9.99, | you earn a 70% royalty for every purchase. |
| If your book is priced above $9.99, | you make a 35% royalty for every purchase. |
It is important to note that the books part of the Amazon Kindle Unlimited program is paid depending on the number of pages read each month. The idea is not making a lot of money but making lots of sales; therefore, it is advisable to start pricing your book at 0.99 dollars since Amazon looks at the number of copies sold but not the price.
Additionally, if you price your book at $0.99, you can get an opportunity to use promotional sites, thus getting your book to a massive audience during the launch.
How Do You Get Paid by Amazon Kindle?
The royalties you make after your book is sold are paid monthly. You will be paid your royalties approximately 60 days after the end of the month in which you book earned loyalties. Let's say your book generated $4000 in royalties in October; you will receive your royalties at the end of December.
Depending on the location, Amazon pays you using three payment methods which include:
- Direct Deposit
- Wire Transfer
- Check
The minimum amount payable is $100.
Summary of Making Money on Amazon Kindle on Your Own
Follow these :
- You must have a complete book cover that you will use in your final book.
- Closely scrutinize the Amazon Kindle rules that apply to the quality of your content and make sure that you follow them.
- Log in to your Amazon account or create a new one if you don't have one.
- Make sure that the browser you are using is updated since the old browser might crash during the publishing process.
- Go to the KDP bookshelf in your account and click "Create a new title," then "Kindle eBook."
- Enter your book title, keywords, descriptions as well as categories.
- Upload your book cover and the manuscript using the kindle preview service. Ensure that everything is how you would want it to be.
- After confirming everything, click "publish," the countdown starts, and your book is available for sale.
Making money on Kindle for yourself can be fruitless since you don't have the necessary knowledge of how to go about it. You might upload your eBook and still fail to get your monthly royalties, probably because you didn't learn how the platforms work. DoNotPay provides a sure solution for you to start earning ASAP.
Is There an Easier Way to Find Opportunities to Make Money Online?
Yes! DoNotPay provides the easiest way to find opportunities you can make extra cash online. Below are the using DoNotPay:
- Log in to DoNotPay and head over to the Make Money Online product.
- Select which option you’re interested in from our list.
- Complete the chatbot to start earning extra cash!
What Else Can DoNotPay Do?
Apart from helping you make kindle money, DoNotPay provides other solutions for you,
including
- Making money on the side
- Robinhood
- Internet
- Stock market
- Phone
- Computer
- Weekends
- Social media
- Coinbase
- Apps
Why let the process of making money on Kindle frustrate you? Sign up today, and let's cover the entire process.