If you've been thinking about publishing on Amazon, now is the best time to do so.
Self-publishing has never been easier. You don't have to be a writer, nor do you need previous business experience to publish books on Amazon.
Amazon has the largest online bookstore, which means that there is ample opportunity for you to reach your target audience online.
Do you want to know my step-by-step system for making money publishing on Amazon in 2022?
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Kindle publishing is still profitable in 2022.
I've been publishing books on Amazon for over 9 years. Over the years I've seen how Amazon has changed and evolved. I've had a lot of success on Amazon. I've created courses and programs that have helped tens of thousands of people make money publishing on Amazon.
I know what is working on Amazon right now and what will continue to work in the future. My goal is to help you build a sustainable Amazon business that lasts for years to come. Nine years ago I was trying to figure out how to make money online. Amazon really appealed to me. It made a lot of sense because it's the biggest online retailer in the world.
Who wouldn't want to be in alignment with a company like that?
Also, people love to buy and shop on Amazon. An Amazon publishing business is recession-proof. Regardless of what happens to the economy, people will continue to read books. On top of that, Amazon books are low-ticket products. People will always be able to afford to buy them.
Publishing on Amazon continues to be one of the best opportunities to get started making money online. I say that because it's a newbie-friendly business. Literally, anyone can do it. If you want to create a solid side income, publishing books is a great option. It also opens up the door to other business models.
A book is a front-end offer.
Every time you publish a book you want to have a marketing strategy in mind. If your customers receive value from your books, they will want to know how else you can help them. Your book is only one part of your business. The goal should be to funnel people into other parts of your business, which in turn, will make you more money.
Let's talk about the steps involved to make money publishing on Amazon in 2021.
Step 1: Identify Your Niche
The first step is to determine which niche you should publish your book on in Amazon. The biggest mistake that people make is that they write books based on what they are interested in, instead of figuring out where the demand is. They end up writing and publishing a book in a niche that has zero demand.
This is why I recommend that people do research and identify what people are searching for on Amazon, and then tailor their book to meet that demand. Go to Amazon and browse the various categories to see which books are selling. Ask yourself, “Are people already buying books on the topic that I'm interested in?”
Answering this question will help you determine the size of the market and how much money you can make. You don't want to spend time writing a book that doesn't sell.
Step 2: Create Your Title
Your title has to be enticing. It has to evoke emotion in people to the point where they want to buy your book. If you write a non-fiction book, you want it to provide a benefit to your readers. Examples of benefits that people are searching for online are things like: how to overcome procrastination, how to set goals, or how to manage your time.
The reason why people buy non-fiction books is they believe the book will help them solve a problem. Hence, your job is to help people solve problems at a profit. If you can effectively communicate a benefit, people will be more inclined to buy from you.
Fiction books are a different market altogether. People are buying these books for entertainment. They want to be transported to a different world. Regardless of the kind of book that you publish, strive to create a winning title. Research your competition in the niche that you choose, see what they are doing, and then figure out how you can make your book stand out.
Step 3: Create Your Cover
Your cover is even more important than your title. It is the first thing that people see when they are browsing on Amazon. Similar to YouTube, the first thing that you see is a thumbnail. It's a graphic that gets people's attention. That is what inspires people to watch a video in the first place.
Your book cover has to hook someone. The great thing about a cover is that you can get someone to create it for you relatively inexpensively. If you go to Fiverr.com you can hire a graphic designer to create a cover for you for as low as $5-10.
One of the reasons why I love book publishing is that it's fairly inexpensive compared to other business models. If you want to get started making money online and you don't have a lot of money to invest, publishing on Amazon is a great option.
I suggest that you hire three graphic designers. Give each person a design idea and see which one you like best. The more options, the better. Alternatively, you can test your different book covers on Amazon and see which one converts better.
Step 4: Write Your Book
The great thing about publishing on Amazon is that you don't have to be a professional writer. I've published hundreds of books on Amazon. I can write and I don't mind doing so, but it's not my core skillset. You can write your own books, but the real money in building an Amazon publishing business comes down to working smart, not hard. You want to work on your business, not in your business.
If you want to scale your business, I encourage you to work with other authors or hire ghostwriters to write books for you. Depending on the length of your book, they will give you a price and you will pay them for that service.
What holds a lot of publishers back from writing is that they have a perfectionistic mentality. If you can relate, it's important that you know that nothing is ever perfect. In fact, the way that you perfect something is to put it out there, get feedback from people, and then improve the book over time.
Step 5: Publish Your Book
Amazon has a platform called, Kindle Direct Publishing. When you sign up for free, you can submit your book. I encourage you to publish a book as both a Kindle and a paperback version. A lot of people only publish Kindle books. In my opinion, this is a big mistake. You are leaving a lot of money on the table if you do this.
Once you have the title, cover and the content of your book, all you have to do is format your book into a different version. Kindle Direct Publishing has a formatting tool inside their platform that can help you get your book formatted properly.
Doing so will increase your reach and the amount of money that you can make from one book. I've published a lot of books that didn't make a lot of money on Kindle but that did really well on paperback.
Your book can be made available in every Amazon marketplace. Typically, a Kindle book sells for less than $10. Amazon will pay you a royalty on every sale. You can charge more money with a paperback book because it has a higher perceived value.
However, there is some expense involved with a paperback book because it's a print-on-demand service. Regardless of what platform you publish your book on, your book will be available for purchase on Amazon within 24 hours.
Step 6: Launch Your Book
A lot of people fail to create a marketing strategy for their book. Instead, they just hope for the best and then wonder why their book doesn't sell. What would happen if Apple came out with the newest iPhone but they didn't build any anticipation around it?
They wouldn't have a successful launch. The same thing goes with a book. You need to come up with a game plan to set yourself and your book up for success. I suggest having your book available for presale.
Get the word out to people early on about when your book will be launched. This is a great way to build up a list of people who want to buy it. Ask people if they will leave you a review. This will give you traction early on. Amazon loves this. In turn, Amazon will give you a boost on their platform because you will be driving a lot of sales to them.
Amazon has some great marketing tools for book publishers. They allow you to do a free promotion for Kindle books. That's very valuable for a few days.
Even though you're not making sales from that, you are getting downloads. These downloads will boost your book and possibly some reviews. Amazon also allows you to offer a limited time discount called a Kindle Countdown Deal on your books.
Step 7: Market Your Book
If you want your book to sell, you need to market and promote it. Today, Amazon has become more competitive. The two ways that publishers market and sell their books on Amazon are through Amazon search or to run Amazon ads. The problem with these two methods is that every other publisher is doing the exact same thing.
Hence, it's hard to stand out. Amazon has provided an opportunity for you to publish, for free, on their platform. They are doing this because they're hoping that you will promote and market your books. In turn, this will funnel more people back to their platform, which will give them more customers.
That's how Amazon makes their money. If you support Amazon, they will rank your books higher and recommend them to other people. I encourage you to learn marketing strategies and skills outside of Amazon. Maybe this means building a blog. If you think about it, people who read books enjoy reading. Those are the same people who read blogs.
This is a great way to get more sales to your Amazon books. This is one of the many marketing strategies that will give you a competitive advantage. Your goal should be to build a business that isn't solely dependent on Amazon. This is the long-term vision and mindset that you want to adopt.
This is how to make money publishing on Amazon in 2022.
If you're a newbie to the online business world, publishing on Amazon is a great business model to get started with. It is one of the easiest and most cost-effective ways to make money online. Are you ready to self-publish a book on Amazon and build a successful publishing business?
Do you want my proven step-by-step system for publishing books on Amazon? CLICK HERE to purchase my new and improved Mastering Book Publishing program!
Are you ready to master the book marketing process? CLICK HERE to purchase my Mastering Book Marketing program!
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