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Untold truths about Making $100 with Amazon KDP. by OlayinkaJims5(m): 8:21am On Sep 30, 2022 |
Happy Independence Day Nigeria �� Do You Know? As at July 27, 2022, $1 became 710 Naira. As tiny as $1 That means, $10 translates to 7100 Naira. $100 equally means 71000 Naira. In Nigeria's present situation of things, there are people who are being paid a little above $10 every 30 whole days… that is, if your employer has a good money management skill. Throughout this period, we are not considering the hard work, the late nights sacrificed, the medications, the loans taken just to make ends meet, and at the end of the day we wait to get paid between N5,000 to N10,000 …every 30 days. How can you possibly make savings? You need 12 months of die-hard saving if you earn 50,000 monthly to make roughly $845… A year!!! At this critical point in time, the importance of earning and making savings in dollars cannot be overemphasized. Which brings me to this question… What have you been doing recently to generate more dollars for yourself? Let's be honest here. With your smartphone, doing the things you need to do to make money at this point is easier than 20 years ago. Then, it was all laptop based. I remember way back when I used to have those Nokia phones… Nokia ExpressMusic, Nokia 3310, 3320 and their likes. They were smartphones in their own time but it's very unrealistic to compare them with these Androids now. While we've upgraded and become smarter in everything about us… - Mode of dressing - Taste in music - Way of communicating, etc We still have people whose jobs are slaving them for peanut salaries every month. Not to talk of owing them for 1 month or even more. The point is, if you are among those categories of people, you should have a rethink. You deserve better, and you can earn more deserving income using your smartphone today…even in dollars. With platforms like Amazon, selling products for free is almost easy. All you simply need is the right information to make things right. Amazon KDP KDP (Kindle Direct Publishing) is Amazon’s book publishing platform that can be used to self-publish a book online, which readers can purchase as an eBook or print-on-demand book. You can publish books either long reads (books with hundreds of pages) short reads (books with fewer pages) or even low/no-content books like... Notebook, log book, sketch book, coloring books, puzzle books, activity books etc. for FREE and get patronized from all over the world by over 300 Million active customers of Amazon, and also get paid directly into your bank account here in Nigeria. How does KDP Publishing work? KDP Publishing is a platform for authors to self-publish eBooks and paperback books. For eBooks, authors can directly upload their book files, and it will appear in the Kindle store as an eBook for readers to purchase and instantly download. For printed books, authors upload their book files and KDP Publishing uses print-on-demand technology to print the paperback book once it’s purchased; the printing costs will be subtracted from the royalties you earn from every book sold. Here’s how KDP Publishing works: Step 1 – Upload your book files to Amazon KDP. Step 2 – Publish your book to the KDP. Step 3 – Let readers purchase your eBook and instantly download it to their device. Step 4 – Let readers purchase your paperback copy and Amazon’s KDP platform will use print-on-demand technology to print and ship your book directly to the reader once purchased. Step 5 – Amazon will pay you book royalties per book sold on the KDP platform. Now let's say you create and publish a kindle ebook book and price it at $5.99. Assuming 100 people buy that book on Amazon in a month… That's $599 for you. Now convert that figure by the current dollar the rate at N710/$1… That's N425k…in one month!!! Now what if you have more books or what if you even priced your book(s) more than $5.99 (as in the example above)? I'll let you wonder about that. Why publish on Amazon KDP? Unlike other online businesses, this is totally different because… t's FREE to publish on Amazon. . It's less stressful to start. it pays higher than many online business. You don't necessarily need to generate leads before selling. You don't even need to spend money on Ads (until you start generating sales). How much does it cost to self-publish on Amazon KDP? It is free to publish a book on Amazon KDP. It does not cost you anything directly. However, if you are selling paperback books on Amazon, the cost to print the book will be deducted by Amazon from your book royalties. This means that when you sell a paperback book, you will essentially pay for the price to print the book.. How does KDP royalties work? Amazon’s Kindle Direct Publishing pays its authors through royalty fees. There are two royalty fees to consider: the eBook royalty rates, and the paperback royalty rates. The royalty rate for eBooks is 35% or 70%, depending on which royalty rate your book is eligible for. The royalty rate for paperback books is a fixed 60% royalty rate. For each royalty rate, this means that you will receive the % royalty rate of your book’s list price. When does KDP pay? Amazon KDP will pay your royalties to you on the 28th day of every month, approximately 60 days after earning your royalties into your US bank account. [ I will teach you how to create one] However, your royalties must reach a minimum amount before they can pay you. If you want to know more about Amazon kdp and get started Amazon kdp Message me on 07012879522 . You will also have access to my $5 gift
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Re: Untold truths about Making $100 with Amazon KDP. by leetylee: 11:52am On Sep 30, 2022 |
I'm interested |
Re: Untold truths about Making $100 with Amazon KDP. by OlayinkaJims5(m): 1:49pm On Sep 30, 2022 |
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