Kindle Publishing: Is It Even Worth It In 2021?

Is it worth doing Kindle publishing in 2021?

I get asked this question a lot. Inside this blog, I am going to share my thoughts on self-publishing.

Here's what we know…  with the onset of the COVID-19 pandemic, the majority of businesses around the world are suffering.

However, there is one market that continues to expand at an ever-rapid pace – Amazon book publishing.

In a competitive market, the question remains as to whether or not Kindle publishing is an opportunity worth pursuing.

Keep reading to find out what my answer is…

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How would your life change if you were able to create a $10,000 per month Amazon book publishing business? CLICK HERE to get instant access to my FREE book publishing video training!

Is Kindle publishing a profitable business model?

Well, it depends. Your success with an Amazon book publishing business depends on two things – you and your goals. Before you dive into this business model, I encourage you to take a step back and assess what your goals are.

If you are someone who loves to write, Kindle publishing is a great opportunity for you to pursue. Writing books is a powerful way to share your message with the world.

The benefit of publishing books on Amazon is that you get to leverage Amazon's platform. Self-publishing is a 26 million dollar industry, which has made it a very popular way for people to make money online. The demand is there.

Is Kindle publishing the best way to become financially free?

The short answer is no. The challenge with making a lot of money publishing books on Amazon is that you are selling low-ticket products. A Kindle eBook sells for anywhere between $2.99-$9.99, while a paperback book sells for up to $20.

To make over $100,000 per year, you would need to sell A LOT of books. For this reason alone, it's not easy to scale your business to 6-7 figures. I don't know many self-publishers who have been able to accomplish that.

If you have more money to invest, I encourage you to upgrade to more scaleable business models, like doing affiliate marketing, dropshipping, or selling physical products on Amazon.

Are you looking to gain experience but don't have a lot of money to invest?

If this is you, Kindle publishing is an excellent opportunity! It is a newbie-friendly and fairly inexpensive business model. There aren't a lot of business models that you can start for less than $1,000.

Furthermore, it doesn't take a lot of time to write a book, and it can be available for purchase on Amazon's platform within 24 hours from the time you hit publish. Even better, the skills that you learn through being a self-publisher will benefit you if you decide to pursue another business model.

Are you looking to generate leads for your business?

Inside my course, Mastering Book Publishing, I teach people how to use their Amazon books to generate leads and build their email lists. This opens up a lot more doors for you to make money on the backend.

For example, in the Internet marketing community, it's not uncommon to see a “free plus shipping” offer. This is when people give a product away to customers for free, and only charge them for shipping costs.

If they capture a lead, they can make more money on the backend through an upsell, an affiliate offer, or a physical product.

A book can also be used as a way to build credibility and authority in your niche. A lot of people use their book as a business card and give it away for free to people. A book can be a great tool for building relationships with people.

Publishing a book is not enough. For people to know that your book exists, you have to market it. This is why I created a course called Mastering Book Marketing, which teaches you my step-by-step system for how to market and sell more books on Amazon.

Is Kindle publishing best for YOU?

If you believe in it, then do it! The Amazon opportunity is great, but it's not for everybody. People have different goals and desires.

If you're still not sure which online business model is best suited for you, I encourage you to take my free 60-second business quiz that will help put you in the right direction.

Whichever business model you decide to pursue, commit to going all-in and trust that you have what it takes to succeed.

How would your life change if you were able to create a $10,000 per month Amazon book publishing business? CLICK HERE to get instant access to my FREE book publishing video training!