Make Free Money With Kindle


How to Make Free Money With Kindle

I have over 40 books on the Kindle platform, I have highlighted some of the more important aspects of why you should publish your books on the Kindle platform:

  1. With the Kindle Platform it is FREE to publish your book. Just go to the Kindle Platform  to sign up for a free publisher account.
  2. You can upload a Kindle book within about 7 minutes, the only things you need to upload are your manuscript (can be a word document) and a JPG image of the cover.
  3. You can name your own sales price, e.g if you price your book between $2.99 and $10.00 then Kindle will take 30% and you will make 70% royalties. (you can change this amount)
  4. You can easily edit your uploaded books, if you find a typo or want to change a chapter, you just have to change your main manuscript then upload the new improved version to Kindle, the new one will be substituted overnight.

How Much Money Can You Make?

I use a program called KDSPY that tells me how much each book is making on the Amazon Kindle platform. The software is not free but it is worth every penny, believe me. You will soon see why I love it so much.

It is very easy to use, you just put in your keyword for whatever niche you want KDSPY to interrogate and within seconds you will have some amazing results. Below is a few examples of how I use it and what results I obtained  .

Kindle Spy Case Study 1

I type in the keyword (or keyword phrase) I want to explore. For this example we will use the keyword womens fiction , after I type the keyword in my program, within about 20 seconds I get the following results :

Lets examine the results for the keywords womens fiction – date of this example is 12th Nov 018.

  1. I have pulled the results of the first 20 books from the Kindle servers (I can go to 100 )
  2. Take a look at book number 3 – The Women In The Window.
  3. It has 448 pages,its price is $7.08,estimated monthly sales are 636 and estimated monthly revenue for the author is $4,503 USD.
  4. The popularity of this keyword is YELLOW (medium popularity), the potential for this keyword is GREEN (very good) and the competition is RED (very high – not good).
  5. We can also view the keywords the authors have used to get their results.

Kindle Spy Case Study 2

I type in the keyword (or keyword phrase) I want to explore. For this example we will use the keyword science fiction , after I type the keyword in my program, I get the following results :

Lets examine the results for the keywords science fiction – date of this example is 12th Nov 018.

  1. I have pulled the results of the first 20 books from the Kindle servers (I can go to 100 )
  2. Take a look at book number 6 – Consitution: Book1.
  3. It has 373 pages,its price is $3.60 ,estimated monthly sales are 3,212 and estimated monthly revenue for the author is $11,563.00 USD.
  4. The popularity of this keyword is GREEN (very popular), the potential for this keyword is GREEN (very good) and the competition is RED (very high – not good).

Conclusion

As you can see, there is quite a bit of money to be made from Kindle books in many different niches, one thing to remember is that none of these books in the results above got here by accident!

There have been a number of different strategies that their authors have put in place for them to achieve these results, I will include some strategies in another post.

Another thing to consider is that Amazon Kindle  also has a bonus for its authors in the form of a monthly fund that is divided between popular books, the fund was originally $2 million  a few years ago, as of October 2018 the monthly fund distributed to authors is $23.4 million.

Hope this helps give you some ideas and motivation to start publishing your own Kindle books, what we have looked at here is just the tip of the iceburg.

You can find out more about Kindle Spy here: Click here for more about Kindle Spy

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