Does Amazon Pay You to Publish a Book?
If you’re an aspiring author looking to get your book out into the world, Amazon is a great platform to use. Amazon offers authors the chance to self-publish their books and make money from them. But does Amazon pay you to publish a book?
The answer is yes. Amazon pays out a 35% royalty rate for books priced at $0.01-2.98 or any book over $9.99. However, if you list your Kindle book within the preferred $2.99 – $9.99 range, you’ll earn 70% royalties on all book sales.
This means that if you price your book at $2.99, you’ll earn $2.09 per sale. If you price your book at $9.99, you’ll earn $6.99 per sale. This can add up quickly if your book is popular.
It’s important to note that Amazon also takes a cut of your royalties. This is usually around 30% of the sale price. So if you price your book at $2.99, Amazon will take $0.90 of the $2.09 you make.
It pays to play Amazon’s game and keep your price point within their golden zone. This will ensure that you get the highest royalty rate and the most money for your book.
In addition to royalties, Amazon also offers authors the chance to enroll in their Kindle Direct Publishing (KDP) Select program. This program allows authors to make their books available for free for a certain period of time and earn money from Kindle Unlimited and the Kindle Owners’ Lending Library.
So, does Amazon pay you to publish a book? Yes, Amazon does pay authors for their books. However, the amount you make depends on the price of your book and the royalty rate you choose. If you price your book within the preferred $2.99 – $9.99 range, you’ll earn 70% royalties on all book sales. This is the best way to maximize your earnings from Amazon.