Here is a really good passive income model that earns some people thousands per month. You write eBooks that are of interest to people and then you publish them on the Amazon KDP (Kindle Direct Publishing) system. Again it is about providing solutions to problems that people have in specific niches.
The really big earners on Kindle do so with fiction eBooks. If you have the creativity to write fiction then you should go ahead and do this but the market is a lot more competitive than nonfiction.
If you are just starting out with Kindle books then we recommend that you go for a nonfiction eBook in a popular niche.
You can still make a ton of sales every month as people are always looking for answers and new approaches. The most popular niches on Amazon Kindle are:
Health and Fitness (particularly Weight Loss)
Business and Marketing
Self Help
Cooking and Recipes
There are examples of authors in the nonfiction genre earning 5 figures a month. They do not normally just have one book on Kindle but several. This is not as difficult as it sounds. Consider the Cooking and Recipes niche. There is almost an unlimited amount of recipe books that you could create.
To write a Kindle eBook it is always best to create an outline first. Your outline will contain your chapters and the sections within those chapters. From this outline you can start writing any chapter that you want. When your eBook is complete you can edit it for flow etc. If you need further information to complete a chapter then use search engines online.
Making a start on your Kindle eBook and following through with consistent writing are the hardest thing. You may have a full time job at the moment so make a commitment to finish one or two chapters each evening. Break from writing every hour and reward yourself with a cup of coffee or whatever you want when you finish each chapter. If you can write full time then set a goal to have your eBook finished in a couple of days.
Every eBook listed on Kindle has a professional looking ecover associated with it. The better looking your ecover the more appealing your eBook will be to potential buyers. If you have no graphic design skills or are short on time then there are some good ecover designers on fiverr.com.
Check out their customer reviews and the samples that they provide. Don’t just go for the cheapest option – take your time and find a good designer. Your ecover is very important and you don’t want to rush this. Be sure to add the book title and the author name to the ecover. If you can’t find what you want on fiverr then go to upwork.com or a forum like the Warrior Forum to find someone good.
With your eBook written and your ecover created it is time to publish. Kindle is a great opportunity for self publishing. Amazon gets tons of traffic to its Kindle pages and you can instantly publish. No negotiating with publishing houses or being rejected by them.
Create a free Amazon KDP account and provide all of the details that they require. This will include tax information. Once your account is established go to “Bookshelf” where you can self publish your eBook.
You need to research some good keywords for your eBook. To rank your eBook higher in Amazon search keywords and your book description will be considered. Follow the instructions to publish and then set your price. Be sure that your price means that you will receive 70% commissions from Amazon.
After publishing your eBook on Kindle let the world know about it. Your family and friends, social media followers and so on. You should be prepared to invest some money in marketing so that you can get good reviews and make more sales.
Main Reason for Choosing Kindle Publishing
Easy and low risk – you can write your eBooks yourself and it will not cost you anything. There is no charge for self publishing on Kindle. You could outsource the writing of your eBook if you prefer this. You can publish an unlimited number of eBooks and the potential is huge.
Biggest Drawback with Amazon Kindle
You need to make sales to get more sales – you will need to do some serious marketing to get your new eBook noticed. This will either take time or money (or both). It is not just a matter of publishing and they will come (unless you have been successful with other Kindle eBooks and people know who you are and like your books)
Money Addicts 