Amazon Kindle is by far the most popular e-reader on the market and many authors have made a fortune selling their e-books.
The global e-reader market was valued at 18.13 million U.S. dollars in 2020 and is projected to reach 23.12 billion U.S. dollars by 2026, according to Statista.
But how much money can you make publishing on Amazon Kindle? Let’s look at the latest stats to find out more about the eBook industry, how many books are on Amazon, and how much money do authors make selling eBooks on Amazon.
In the United States, the trade e-book revenue amounted to 1.1 billion U.S. dollars in 2019, with adult fiction accounting for 40 percent of all sales during this time period
Amazon has sold between 20 million and 90 million Kindles since 2007
According to Statista, there are over 6 million Kindle e-books available for sale on Amazon as of November 2020
Amazon Exclusives are books that are only available through Amazon’s platforms including its Kindle Unlimited subscription service
More than 1.7 million books were published in 2017 alone – almost double what was published in 2006 – according to Bowker’s Books in Print database
What is KDP?
If you’re an author and want to get your work out there, you have the option of self-publishing.
There are two different ways to publish an eBook through KDP: Print-on-Demand, which is more expensive but lets you set your own price and eliminates the need to print copies when they sell; or CreateSpace, a company that handles all the distribution work.
You have the option to publish a paperback and a Kindle version of your book through KDP as well. Doing so will give readers access to both versions of your book at once.
All the rights are yours once you publish through KDP
According to Bowker, the company that issues ISBNs in the United States, over 300,000 books were self-published in 2015. That’s up from just over half that many in 2011.
Self-publishing can be a viable option for authors looking to retain ownership of their work and make (or at least keep most of) the money their stories earn. But it’s not for everyone.
Why to publish on KDP?
If you’re a self-published author, you know how important it is to get your book into the hands of readers. With Amazon’s Kindle Direct Publishing (KDP), you can do just that. KDP is a fast, easy and free way for authors and publishers to keep control and publish their books worldwide on the Kindle and Kindle reading apps.
KDP makes it easy to self-publish your book for free and reach millions of readers on Amazon. You can publish your book as a eBook or paperback
and earn up to 70% royalty on sales to customers in the US, Canada, UK, Germany, India, France, Italy, Spain, Japan, Brazil, Mexico, Australia and more
Amazon has a wide distribution network that allow you to sell your books worldwide. Unlike other traditional publishing methods where the author has very little control over the content and speed of publishing KDP puts all of this at your fingertips.
Using KDP you can publish eBooks for Kindle and Paperbacks for print Books. Amazon sells more Kindles than any other e-reader, so it makes sense to publish your eBook on KDP if you want to reach the greatest number of potential readers. beginners guide for amazon kindle direct publishing
Amazon has a wide distribution network that allow you to sell your books worldwide. Unlike other traditional publishing methods where the author has very little control over the content and speed of publishing KDP puts all of this at your fingertips. Using KDP you can publish eBooks for Kindle and Paperbacks for print Books.