The time really does fly when your having fun, and have I had plenty of that over the last 6 weeks or so.
After a great product launch of my first joint venture, ‘The Power of Authority‘, with the multi talented Andy Harris,from Chubby Buddha Productions, things settled back to normal, well, whatever normal is lol,
The first good news was that someone who purchased our tutorial course, had ‘done it themselves’ and got to #1 on Amazon bestsellers list with her second book, well done to Tiiffany Domena from Texas, you ROCK
And then I had my 25th Amazon bestseller, for clients that hire me, to help them publish their own books, that was 25 bestsellers from 25 attempts, I was so happy.
Which leads me on nicely to this months post, Are you part of the Amazon Cash Cow?.
I have to stay on top of everything that happens in and around Amazon Kindle, because thats what I do to make a full time living, and you know by now, I’m extremely good at what I do ;-).
So i thought i would give you some fact and figures regarding the enormous authority and power that Amazon has, in the digital marketplace.
Last year alone, Amazon’s book revenue along was $5.25 BILLION, yep, thats billion with a B.
And since the Kindle inception at the end of 2008, it’s growth has been exponential.
19.5% of all books sold in the United States alone, are sold through the Amazon platform, and it is now estimated that 40%+ of Amazon’s 30 MILLION
book buying customers, own a Kindle reading device, all of them potentially looking to buy what you write about :-).
Now those that have followed me through my on-line career, will know that I do Kindle publishing now full time, through my own publishing company
To date, I have published 30 bestsellers from 30, with 26 being #1′s, in every niche imaginable, and from every walk of life, something i am extremely proud of.
However, without taking nearly two years to learn how Amazon works behind the scenes, none of this would have been possible.
And one of the main reasons for my success, is the Amazon KDP program.
Only a couple of years ago, you could put a book on Kindle and make money, and there was a lot of rubbish out there, not the case any more, Amazon are more alert to this now.
People don’t understand how important the KDP program is, it really can be the difference between a successful book or not, it’s that important.
Now for those of you that don’t know, the KDP program, is a service where you give your book away for FREE, yes I said free, for upto five days, in any ninety day period.
This is a massive springboard for your book, when it eventually starts to sell, and one I use every time I publish a book.
It is also worth noting that, 27 out of the top 100 bestsellers in the paid section, have used the KDP program, so that tells you something.
Within Amazon Kindle, there are 27 main categories for you to chose from, with another 345 sub-categories, inside that.
So you need to be very mindful, when choosing where to place your book.
Now back to the Amazon Cash Cow…
Last year, Amazon had 60% of the whole digital ebook market, and paid out…wait for it….
$580 MILLION in royalties alone.
So as you can see, Amazon is definitely the place to be, if you enjoy writing, and want to earn a residual income.
If you want to know more on how to write a book, and publish it on Amazon, then let me know, We can jump on Skype and see if we can work together.
No more Bank Holidays now here in the UK, until Christmas, although every day is a Bank Holiday for me lol.
Have a fantastic week, and dont forget, if I can be of help to you in growing your business, then let me know.
Til next time
Kevin (aka The Kindle King)