They told me by phone that they make the bulk of their money from payments from KDP Select as people read their backlist of titles on Kindle Unlimited.
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Each woman tries to write 3, words a day, and Alexa Riley generally publishes three books a month. Each writes from about nine to five each day, and never on the weekends. They have a formula—sexy men, headstrong women, a happy ending—that they and their readers both enjoy. But King and Robinson have tried the traditional route, and found it less lucrative than Amazon.
It took nearly a year between the time they finished the book and the time it was published; on Amazon, it usually takes about two weeks. The book was much longer than their traditional works, at 95, words, yet the money was about half what it would have been with Amazon.
Retailers will continue losing market share, and Amazon will gain it. Even losing a small share of readers to Kindle Unlimited could be fatal for retailers.
Amazon is, he argues, creating a market with fewer retailers. Then, when all the other options have disappeared and Amazon completely dominates the market, Amazon will raise prices and charge authors less, and authors and readers will be trapped, he speculated.
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In response to this, Amazon said that authors set their own prices for books. Amazon does have a history of hooking people on products and services and then changing the terms. An Amazon spokesman told me that authors find it valuable to participate in KDP Select, and that 95 percent re-enroll in the program every month. Now, anyone can try to reach a large audience without going through the traditional publishing gatekeepers. King and Robinson, of Alexa Riley, told me that a traditional publishing house probably would never have accepted their manuscripts because their books were too dirty.
But have authors traded one corporate overlord for another? Now, Amazon is making the rules, prohibiting authors from publishing both on Kindle Unlimited and on other sites, for example, incentivizing people to produce huge amounts of content, and stoking a race to the bottom on book prices. Authors who may have, in an e-book utopia, been able to set their own prices and sell their books wherever they want online, now have to choose: go exclusively with Amazon and KDP Select or try to sell their books without Amazon.
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Authors getting all their sales from Amazon are playing a dangerous game, Coker said. But for now, self-published authors seem to be willing to take that risk.
A better way to make money writing
Samantha Christy told me that an agent recently approached her to talk to her about going the traditional publishing route. As of press time, Mike Omer was still the top author on Amazon. That level will bring him readers, as self-publishing on Amazon brings in the money. But for people in the publishing industry, it may seem more like a nightmare.prisma2.prod.leadereq.ai/8720-citas-web.php
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He sidestepped the traditional gatekeepers to publish his books online on Amazon, gaining thousands of readers. He ignored big publishing houses in favor of an imprint run by Amazon, attracting thousands more. You'll make money as an author, not from the sales of your book , but from the relationships you create with your books. Even Grisham, King, and Rowling make more money from TV and film adaptations of their books than the actual sales of their books. Producers pay them a lot of money for the opportunity to capitalize on the relationships they've forged with their readers, and to give their fans a deeper experience with the stories they've come to know and love.
This holds the key to how "lesser" authors like you and me can make money with books, too: Use your book to create relationships with readers. Let your book be your ambassador so others get to know, like, and trust you. Your book will open doors and grease the wheels. A good example is my book, Engagement from Scratch! It's available to buy on Amazon, both as an ebook and as a printed book. However, I also give it away on my website in exchange for people's emails. But that's only the tip of the iceberg.
People who downloaded the free book became aware of my consulting services and training programs and eventually brought in revenues of over a quarter of a million dollars. Imagine if I had been so short-sighted as to choose book sales over building relationships with those people! Before you worry about how to write a nonfiction book that will fund your retirement, sit down and create a long-range vision for how you'll deepen relationships with your readers.
Think through your win scenarios.
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