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Want more revenue streams as a writer? Course you do. This week, Jennifer Alston explains a clever way to use the Amazon publishing platform to make even more money as an online writer.
If you’re making money as a freelance writer online then you’re already creating titles and topics and pitching them to new and existing clients, who will feature and publish your article for pay.
But don’t we all want ways to earn even more money from our writing?
Kindle (and other e-readers) have brought us the electronic delivery of our favorite books, right? But did you know that just a short Word document can be the basis for an entire story? You can publish a two page story, without photos, to Kindle’s Amazon platform and generate revenue from it, without ever putting your fingers to the keyboard again.
But what are stories and books without pictures? Hey, if you’re the literary type, don’t be afraid to stick with just words, but…
Introducing the Kindle Comic Creator
Courtesy of Amazon, the Kindle Comic Creator is a free tool that turns your ideas into a sellable book, complete with drag and drop features. The Comic Creator is a fun and creative way to increase your income. This application allows for visuals, captions and audio to be easily added to your book.
Kindle Comic Creator – not just for artists and graphic geeks
The word “comic” will probably throw a lot of you off. You’re thinking: “But I don’t want to illustrate anything. I’m a freelance writer, not a freelance artist.”
But you may wish to reconsider…
With the Kindle Comic Creator, you can throw out the old way of simply writing a book. You can download the Kindle Comic Creator, enter content and simply add any photos or images to help tell your story or get your message across.
With the Comic Creator you can:
- Create single, double or facing page spreads
- Import photos and artwork (formats are: jpg, ng, tiff, pdf and ppm)
- Add audio and video
- Preview how it will look on other devices that support Kindle before publishing i.e. smartphones & tablets.
- Publish in multiple languages, including English, Spanish, French, Japanese, and German.
- Earn 70% royalties and distribute on a global scale, reaching readers in Brazil, Japan, Italy, Mexico, US, Canada, the UK and India.
NB: There is no cost to download and use the Kindle Comic Creator.
Turn your old titles and ideas into fresh new ones
I know that you are excited to get started – I am too – but it’s only wise to first review Amazon’s publishing guidelines to familiarize yourself with their processes. Then, as you have a better understanding you can move on to generating some ideas by looking over old articles and starting to create a brand new book.
Go through some of your most engaging articles or blog posts and find the titles that received an immediate response, either from readers of your blog or from clients that you pitched to.
You can use these ideas, repurpose them and turn them into mini-books. If you’ve ever been writing an article and accidentally gone over the maximum amount of words required, now is the time to expand on those ideas. Don’t be afraid: get creative.
Submit your finished eBook to Amazon
The submission process for your eBook is a lot simpler than the articles you are likely submitting to clients on a regular basis. To start with, there is no pitching involved. (If this doesn’t excite you then you should probably stop reading right now!)
- Log into your Amazon account (or sign up if you don’t already have one)
- Click on the “Add a New Title” button.
- Complete Step 1 (“Your Book”) & Step 2 (“Pricing & Rights”)
- Click either “Save & Publish” or “Save for Later”
- Make any changes and edit easily from here
Time to collect your profits (aka: How much can you earn?)
First you should make a determination about the value (price) of your book based on Amazon’s list price requirements.
You have two options for earning royalities: Publish to Amazon’s general platform or to the Kindle Direct Publishing Platform (KDP Select). The earning power is yours: choose your “Royalty Option” either 35% or 70%. (Note if you choose to go with Kindles KDP Select, your book will be ‘lent’ out and will need to be exclusively sold on Amazon. The downside to this option is that your price has to start at $2.99 and can go no higher than $9.99.)
Examples of weekly earnings
- Book price is $14.99 x 35% x 10 sold per week = you earn $5.25 per sale. That is $52.50 a week, bringing in an extra $210 a month.
- Book price is $9.99 x 70%x 10 rented per week = you earn $7.00 per rental (from KDP Select). That is $70 a week, bringing in an extra $280 a month.
That is $490 a month, from a simple push to publish action!
When will I get paid?
Payments are made 60 days after the end of the month in which the sales/rentals occur. All payments are made via Electronic Funds Transfer (EFT), wire transfer or check.
I know – 60 days, right? That’s a long time. I feel your pain. But if you can set yourself up so you’re submitting a book every month, before you know it you’ll be getting paid a nice lump sum each and every month.
And that’s where you really want to be.
So are you ready to Kindle your freelance writing and earn more money? Or are you comfortable where you’re at now? Let me know in the comments below.
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Jennifer Alston has a background in marketing, business consulting, coaching, writing, editing, SEO, and graphics/web design. Gaining experience and learning new skills are a natural passion for Jennifer, who is a self-claimed “rebel and social butterfly!”
Photo Credit: http://www.flickr.com/photos/courtbean/6348187041/