Why You Won’t Make Money Selling Books On Amazon (Kindle)
As someone who makes the bulk of his income off his ebooks (for now), I can tell you with certainty that my business would be DOA if had to rely on Amazon. And I’m speaking as someone with a top 1% blog in terms of traffic and 100,000+ YouTube views a month.
The average unknown author with no brand behind them doesn’t have a chance. I didn’t realize how bad the situation was until I looked into how much other guys we’re making on Kindle when I was considering moving my products over there. Needless to say I didn’t do it. I want you to understand what the reality of making money on Kindle really looks like (and it’s not pretty).
Check the video/audio below to learn:
Why the vast majority of authors make next to nothing on kindle
What other guys are making on there
Why most kindle “moneymaking systems” are not ethical and usually not profitable
Exceptions to the rule
Using kindle as a lead gen
My thoughts on the future of ebooks and infoproducts
Also check out the related resources to see better ways to make money