Amazon offers self published authors rich earning potential. No; not just from the eBook itself.
Sure Amazon helps give you massive global exposure if you bust your tail to get the eBook in front of as many prying eyes as possible. Great. But you can add no less than 3 more income streams directly through Amazon – and third party sellers – that optimize your blogging and author profits. If you are making money through 1 creation, you may as well make money through 4 income streams, right?
Let’s dive in.
1: Convert to Audio Book
Convert the eBook to audio book via acx.com otherwise known as Audible. Follow the seamless process to work with a producer. Split the profits to gain access to producers with high quality recording studios. Audible demands a high standard of sound quality; no way to create that environment unless you have a professional recording studio. Earn profits through Amazon, iTunes and Audible by choosing the option to sell on all 3 platforms. Any revenue you share is well worth the increased exposure.
2: Convert to Paperback
Gone are the days of converting eBooks to paperback on Create Space because Create Space is gone. Now you just convert to paperback via your KDP back office through an easy process. Open another royalty stream. Make more money on your eBook content, exceeding the $9.99 limit Amazon sets for Kindle authors. Converting to paperback gives old school readers content in their preferred format but many folks buy your books as a keepsake to have around the house. Followers from Australia, Cameroon and the Dominican Republic have purchased my paperbacks. Global audience.
3: Become an Associate
Did you know that you can in effect, double dip, by becoming an Amazon Associate? Associates are nothing but Amazon affiliates who earn a cut of any product they sell. Sure you can be an affiliate for any product on Amazon but why not earn 2 separate profits on every eBook, audio book and paperback you sell? Earn a royalty payment for your eBook, paperback and audio book sale. By linking to a short link or embed associated with your affiliate ID, you earn a second commission for every eBook, audio book and paperback you created, that you sell.
Leveraging is a secret of building wealth. If you can help people and earn through multiple streams of income, you simply make more money and free yourself of any financial burdens. Turn an eBook into an audio book. Some folks prefer to read, some folks prefer to listen. Convert the eBook into a paperback for people who enjoy touching an actual book versus the digital counterpart. Earn twice on every one of your eBooks, audio books and paperbacks that you sell.
Use the principle of leveraging to help more people and to boost your blogging profits. Experience increased blogging success and enjoy the ride.
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