Guy sells 40,000 Kindle ebooks, makes $4,000 monthly - set to make $134,000 yearly when Amazon switches to 70% ebook royalty rate
I was so amazed with this guy's success with selling his ebooks on Kindle -- he's sold 40,000 ebooks just since last April, and makes $4,000 per month selling ebooks -- that it's seriously changing my whole paradigm about switching my Random House-hardcover book dreams.
"When the royalty rate for Amazon switches to 70%, I'll be earning $2.04 on a $2.99 ebook. That's $134,000 a year," says J.A. Konath about Amazon's current 35% payout rate. (Amazon.com will make the switch on June 30, 2010.)
And with all these ways you don't need a Kindle that Amazon is introducing, it seems like a great time to make this Kindle ebook switch in philosophy.
Talk about newfound inspiration!