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Amazon.com's Kindle has changed the publishing world...

Get multiple streams of income flowing to you using the Amazon.com Kindle system.
Get multiple streams of income flowing to you using the Amazon.com Kindle system.
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The publishing world is changing - moment by moment, and one of the latest additions available to authors is the Amazon.com Kindle e-book device and its readers. When Amazon.com first released the Kindle (November 2007), they couldn't keep up with the demand for the e-book reader. However, getting books into Kindle format was just as difficult for the retailer. Amazon.com itself has over 17 million titles in its printed book warehouses, but they currently have only 383,000+ Kindle titles. Not even 2% of Amazon's titles have been converted to their Kindle counterpart. For now, the Kindle owners of the world have a limited book list from which to choose. To learn how to publish Kindle books - watch the free 20-minute video presented on getting-published.com. It is a simple process.

Amazon.com opens up the Kindle publishing tool to anyone with a valid Amazon.com account. If an author has marketable material, or if an author would like to get real customer reviews on their book's title before going to the expense of some version of self-publishing, there is a very accessible tool for proceeding. Once their book is released on Amazon's Kindle, the author has the full force of the Amazon.com's online engine to help them promote the e-book. Amazon.com is the #1 online bookseller, and one of the biggest reasons for this success is that they give their vendors amazing tools to promote their own products on the site.

Once any product is available for sale on Amazon.com, it is available worldwide. Kindle is an electronic product, so warehousing or international issues are non-existent (language issues notwithstanding, of course).

Amazon takes a 30% cut of the retail sale price for the book (as long as it is priced less than 9.99). Any author who thinks that is too much needs to be aware that 65% is a fairly typical percentage for printed book distribution.

Books need to be ready for release before they are released onto the world stage. They should be edited, and a reasonable cover design should also be part of the release plan. This is true for all printed books as well as all e-books. Books that have covers sell many times better through the online systems. So Kindle is a perfect platform for previously self-published books where the content has been prepared, and the author owns the creative rights. The author can easily take their content and create a second product using the Kindle publishing tool.

The Kindle format opens the door to products that push the envelope of what is defined as a conventional book. For example, speakers who have workbooks can republish on this platform and expand their audience.

Unlike conventional books, ISBN's are not required for publishing as a Kindle product, so even this initial cost of self-publishing can be avoided. If the original manuscript is in a word processor file, such as in Microsoft Word(tm) it can be as simple as using the 'save as html' option to create the input file for Kindle.

Kindle readers are a captive audience and with less than 400,000 titles available to them, they are clamoring for new content. Any author with a valid Amazon.com account is eligible to publish content. So, this type of book publishing doesn't require a publisher. There is so much content which is prime material to become Kindle books, and introducing books to the world through this tool is a viable option.

Other e-book readers include the new Barnes & Noble Nook use the e-pub format. Its submission process is backlogged at this point in time, and the amount of content in this reader is also limited. This is a very new product, so stay tuned as more and more tools for helping authors enter this platform are being developed.

There is roughly a week-long approval process when using the Kindle development tool. Amazon.com verifies with the author that they own the rights to publish the book, so even if it is more informal than other publishing processes, Amazon.com still does their due diligence insuring copyright integrity.

Amazon.com is the world's largest online retailer. With an approval process of roughly a week, it is possible these days to publish a book and release it on the world stage, in less than a week, without a publisher - and with no expense for the publishing tool!

The revenue from a Kindle book property is truly passive income and if you want to start creating passive income streams, then creating Kindle books needs to be in your box of tricks. If you need ideas as to what write your Kindle property on, check out the book "Secrets to Creating Passive Income and becoming financially free..." This book was recommended by Essence Magazine in an article called "What Rich Women Know" in the July 2010 edition.

To your financial freedom...
 

Comments

  • Othniel Seiden 4 years ago

    Great article! Great advice! I have several books out in paper and ink that are also on Kindle (see www.boomerbookseries.com) and the Kindle outsells the paper, especially my novels, but most of my non-fiction too. By the way your book, "Secrets to Creating Passive Income and becoming financially free..." is excellent and a must read for anyone.