Who Makes $100,000 in 3 Weeks With Kindle?

13 years ago

Thanks for sharing this. I have heard this name more than once but keep forgetting to get more info on him.

It's crazy how much one can make from self-publishing on the Kindle. That's my plan of attack for 2012. I love the simplicity of the business model and how you don't have to deal with customer service or other issues that takes time away from your writing.

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KenJ

13 years ago

Originally Posted by danr62

Joe Konrath does:

A Newbie's Guide to Publishing: $100,000

That doesn't even capture all of the print copies, audiobooks, and books that were picked up by actual publishers or Amazon's own imprints. Just the self published Kindle editions.

Thanks for posting this link Dan,
highly motivating. It might be me this time next year.

Kenj

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ry4884

13 years ago

time to get on that amazon train...great job

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AnniePot 13 years ago

Yep - the path to mega-success on the Kindle definitely seems to be with fiction books. I've achieved some success with non-fiction, but I don't think people will ever buy non-fiction books in the same huge volumes.
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- TerryL 13 years ago
  
  That is incredible. Thanks for the share. Kindle is definitely where it's at for making money this year, I believe. It's certainly something that is on my list of options to explore to expand my business activities for 2012. I'm hearing so many good things about it, it's impossible to not want to join in and at least give it a go.
  
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tpw 13 years ago

Originally Posted by ry4884

time to get on that amazon train...great job

Choo Choo!!

The train is in the station, and I am climbing aboard.
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danr62

13 years ago

Yeah, he has a huge brand and following, and he puts out books like crazy. I'm fairly sure some of those are books he wrote years ago that never got past the editors.

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johnben1444

13 years ago

I saw that somewhere that was before i started amazon associate business.

Thanks for sharing, i will go through that and see what one can learn from it.

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BeechHill

13 years ago

Interesting, let's do a little simple math. The author wrote and published 36 books in two years or 1.5 books a month. Quite a prolific writer by anyone's stretch of the imagination. Since I assume these are all his original work. The List is 306 pages long, based on the print addition. Another one of his works, Origin, is the same length. He is writing, editing and proofing over 15 pages a day. That's almost 1.5 pages of quality research and writing an hour in a normal working day. No time for weekends and holidays.

The beauty though of his book publishing empire, or anyone's for that matter, is its evergreen status. He is still drawing an income from his oldest work at 28 months, selling 143 copies alone since January 1st.

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danr62

13 years ago

Originally Posted by BeechHill

Interesting, let's do a little simple math. The author wrote and published 36 books in two years or 1.5 books a month. Quite a prolific writer by anyone's stretch of the imagination. Since I assume these are all his original work. The List is 306 pages long, based on the print addition. Another one of his works, Origin, is the same length. He is writing, editing and proofing over 15 pages a day. That's almost 1.5 pages of quality research and writing an hour in a normal working day. No time for weekends and holidays.

The beauty though of his book publishing empire, or anyone's for that matter, is its evergreen status. He is still drawing an income from his oldest work at 28 months, selling 143 copies alone since January 1st.

That may be, but I strongly suspect that many of those books are books that he wrote before the self publishing craze hit and wasn't able to sell to the publishers.

Either that or he is a manic writer.

Thanks
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BeechHill

13 years ago

Originally Posted by danr62

That may be, but I strongly suspect that many of those books are books that he wrote before the self publishing craze hit and wasn't able to sell to the publishers.

Either that or he is a manic writer.

Possible, but that would have meant that he drip fed the submissions over the last two years as indicated by the months since published date.

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danr62 13 years ago

Originally Posted by BeechHill

Possible, but that would have meant that he drip fed the submissions over the last two years as indicated by the months since published date.

I can think of a few reasons behind why he would drip feed them.

First, he may have edited them a bit to make them more current or because he had more experience and knew he could do a better job.

Second, he may have been splitting his time between writing and uploading other titles.

However, I think it more likely has to do with exposure. Since he alread had a big following when he started putting titles on the Kindle, each time he uploaded something he probably got a lot of sales, which would cause the book to jump up the charts quickly for some good and fresh exposure. Drip feeding the submissions would allow him to get fresh exposure for his name and all of his other books over and over again over a period of time.
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J Bold

13 years ago

That's awesome but let's keep our feet on the ground.

While he may not be Charles Dickens, he's clearly an actual writer, rather than someone looking for quick buck on Kindle.

I took a quick look and it appears he has published books before, and then took some books that were rejected and self-published them. Some of his other books were published by major publishers. He probably writes better than the vast majority of people here.

So, great incentive for writers, yes, to self-publish if major publishers reject you.

But it's obvious this money just did not fall out of the sky for him!

Now I have no doubt some Warriors can figure out with some of the great Kindle trainings out there now how to make good money with Kindle. Work hard and get your head out of the clouds, though!

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BeechHill

13 years ago

Originally Posted by redicelander

Now I have no doubt some Warriors can figure out with some of the great Kindle trainings out there now how to make good money with Kindle. Work hard and get your head out of the clouds, though!

Good point, what you're witnessing is a trained professional fighter, not a street brawler. His best sellers have 200 plus reviews, mostly positive.

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sonic74

13 years ago

yes definitely, the author is a manic writer!

I guess that writing and publishing all those ebooks (36)

made him built his brand name as an author and helped with the sales !

Anyway it's a great story

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Canuckystan

13 years ago

Reality check: Joe Konrath was a full-time published crime writer with a big publishing house and some best-sellers long before Kindle ever showed-up.

I don't want to be a party-pooper, but unless you are a very talented writer and marketer with some brand recognition, your chances of getting anywhere close to Konrath numbers are less than slim.

There are big kindle sellers (a handful of talente full-time writers) and the rest, who sell a few copies per month, lost in the giant slush pile of Kindle.

Write fiction for love not money.

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danr62

13 years ago

Originally Posted by Canuckystan

Reality check: Joe Konrath was a full-time published crime writer with a big publishing house and some best-sellers long before Kindle ever showed-up.

I don't want to be a party-pooper, but unless you are a very talented writer and marketer with some brand recognition, your chances of getting anywhere close to Konrath numbers are less than slim.

There are big kindle sellers (a handful of talente full-time writers) and the rest, who sell a few copies per month, lost in the giant slush pile of Kindle.

Write fiction for love not money.

You are absolutely right. My purpose in starting this thread was not to get people to upload crap to Kindle thinking they can make a bunch of money.

There is a marketing lesson in here.

Dedicate yourself to something you love. Pursue it with passion. Build a brand and a following. Stop taking shortcuts. Provide real value. Network.

Whatever avenue you want to take with IM, take it and commit yourself to it. Stop dithering and looking for shiny objects.

Get out there, do what you love, treat your audience right and you will succeed.

Do you want to make $100,000 in a few weeks? Then become someone that inspires awe and respect in your competitors. Become someone that your competitors go to for advice and give it to them freely.

Put your best work out there and don't let anyone or anything stop you.

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Claire Koch

13 years ago

There's a big market for non-fiction to real life stories etc, write non-fiction for the love also....

Originally Posted by Canuckystan

Reality check: Joe Konrath was a full-time published crime writer with a big publishing house and some best-sellers long before Kindle ever showed-up.

I don't want to be a party-pooper, but unless you are a very talented writer and marketer with some brand recognition, your chances of getting anywhere close to Konrath numbers are less than slim.

There are big kindle sellers (a handful of talente full-time writers) and the rest, who sell a few copies per month, lost in the giant slush pile of Kindle.

Write fiction for love not money.

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LilBlackDress

13 years ago

Really awesome.

I am curious though, as an Amazon PRIME member, I see I can download the one ebook I looked at of his for free. I have noticed many ebooks I can download for free as a Prime member.

Does Amazon take a hit on this and pay the author or does the author get nothing on these types of sales where no revenue is generated.

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danr62

13 years ago

B

Originally Posted by LilBlackDress

Really awesome.

I am curious though, as an Amazon PRIME member, I see I can download the one ebook I looked at of his for free. I have noticed many ebooks I can download for free as a Prime member.

Does Amazon take a hit on this and pay the author or does the author get nothing on these types of sales where no revenue is generated.

There is a monthly pot paid to authors based on the number of rentals. I think the current pot is $200,000.

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KenJ 13 years ago

Originally Posted by danr62

B

There is a monthly pot paid to authors based on the number of rentals. I think the current pot is $200,000.

The current pot has just gone up from $500,000 to $700,000

Kenj
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- danr62 13 years ago
  
  Originally Posted by kenj
  
  The current pot has just gone up from $500,000 to $700,000
  
  Kenj
  
  I guess my numbers were way off. I was just trying to remember off of the top of my head because I was on my phone when I made that reply.
  
  Thanks
  
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paul wolfe

13 years ago

Originally Posted by Canuckystan

Reality check: Joe Konrath was a full-time published crime writer with a big publishing house and some best-sellers long before Kindle ever showed-up.

I don't want to be a party-pooper, but unless you are a very talented writer and marketer with some brand recognition, your chances of getting anywhere close to Konrath numbers are less than slim.

There are big kindle sellers (a handful of talente full-time writers) and the rest, who sell a few copies per month, lost in the giant slush pile of Kindle.

Write fiction for love not money.

This is true and absolutely needs pointing out.

However if you go to Konrath's blog that the OP posted the link to, and read through the posts, there is a guest post that is very instructive for people starting out:

A Newbie's Guide to Publishing: Guest Post by Elle Lothlorien

Basically the writer of this guest post is much more like someone starting out...and her numbers are interesting once she got to her third published book.

Another guy who is having success with Kindle - and blogging about it - is Sean Platt. You can find him at:

Ghostwriter Dad | Ghostwriting Advice ?

The marketing lessons to learn if you're going to try the fiction route seem to be:

1. Focus on multiple titles. (John Locke in his book on Kindle Publishing talks about not doing any promotion until he had five titles available).
2. Work on mechanisms to get your buyers onto a list that you control.
3. Test different pricing points - (incorporate testing of 'sales' to boost buyer numbers.
4. Get a good cover created. Don't do this yourself unless you are a graphic designer.
5. ONLY put out high quality work. There's a ton of crap being uploaded to Kindle....differentiate yourself by providing quality (won't hurt to pay an editor to go through your work either).
6. Most people upload stuff to Kindle....and that's it. There's a ton of information on MARKETING in this forum, and in John Locke's book, and on Sean Platt's website that you can use and adapt to market YOUR kindle titles.
7. Reviews. Read the guest post I linked above on Konrath's site. Notice how the author notices a shift in numbers sold when she gets a 5 Star review. See (2) above about building mechanisms into your books to get buyers onto your list - and then remind people to leave reviews. (I've also read of Gary Vaynerchuk replying to reviews - especially negative reviews - of his work. That might be another tactic you can adopt to make yourself stand out.

Before anyone asks...nope, I'm not an expert. But Fiction is something I've written at various periods in my life and something I'm planning to come back to in 2012. And these points are all on my 'marketing to-do' list.

HTH.

Paul

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Karen Blundell

13 years ago

Originally Posted by Canuckystan

Write fiction for love not money.

hear! hear! I agree.

In fact, if everyone took that attitude about their job or their business, the money would naturally follow. When you are happy doing something, you raise your vibration and you are able to attract good things to you, like money.

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J Bold

13 years ago

Originally Posted by Karen Blundell

hear! hear! I agree.

In fact, if everyone took that attitude about their job or their business, the money would naturally follow. When you are happy doing something, you raise your vibration and you are able to attract good things to you, like money.

I agree to a point but if you were 100% right then there would be no struggling artists out there who absolutely love what they do.

And think many would agree there are plenty of struggling artists out there who love what they do.

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cj1966

13 years ago

Originally Posted by Canuckystan

Reality check: Joe Konrath was a full-time published crime writer with a big publishing house and some best-sellers long before Kindle ever showed-up.

I don't want to be a party-pooper, but unless you are a very talented writer and marketer with some brand recognition, your chances of getting anywhere close to Konrath numbers are less than slim.

There are big kindle sellers (a handful of talente full-time writers) and the rest, who sell a few copies per month, lost in the giant slush pile of Kindle.

Write fiction for love not money.

Reality check: Joe Konrath was writing for over 10 years before he got picked up by a publishing house. He managed to write 10 novels in that time- assuming he had a full time job it shows he was already a profilic writer- and also found the time to get rejected over 500 times.

If Kindle had been around then you would have told him not to hhave bothered as obviously no one liked his books :rolleyes:

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jerzykaz

13 years ago

I make not as much but Kindle is definitely a goo dand solid source of income for many. Definitely worth of time and investment.

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Mr. Ken Russell 13 years ago

Impressive.
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ijohnson

13 years ago

I agree with redicelander. Though this author's success is very impressive for all of us Kindle hopefuls, we have to keep our feet on the ground. This author has assets he has been able to leverage ... mainly his ability to write and an established name (or brand).

Though his level of success is not impossible to obtain, it would take a lot more work than the average IMer looking for a quick buck is willing to put in. Of course, there is always the option to outsource the writing of the book and there are a lot of good ghostwriters available for the right price.

Iris

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ProScribe

13 years ago

It's unfortunate that many of the training material for Kindle focuses so strongly on Non-fiction work when obviously there is more money to be made in fiction.

The people who are making the most money, like Konrath tend to be writing in an episodic format which lends itself more easily to fiction than non fiction (Although there are exceptions to this)

Producing training material for fiction books probably wouldn't sell as well to the IM crowd simply because most don't view themselves as writers. However provided you understand what kind of fiction sells, you don't actually have to write the work yourself but can take on the role of a type of independent publisher.

Self publishing of course is meant to remove this layer between the writer and buyer, but a publisher can still add a lot of value even with a medium such as kindle. In particular when it comes to marketing which few authors really understand.

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Claire Koch 13 years ago

No more worries about getting rejected. Oh to be born at the right time (for you people out there in your youth (18-45) GO FOR IT~ the rest of us better be hurrying up our old bones lol or we'll miss it. That would really be a crime.
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Paul Gram

13 years ago

Konrath has made tons of money with the Kindle but I like Amanda Hocking's story better. She now has a publishing house but she made well over one million dollars without one.

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jeffreys

13 years ago

Hi,

It is like asking who makes $1,000,000 in 1 month from amazon, clickbank. Sounds like scam...
Nobody will answer that.

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danr62 13 years ago

Originally Posted by jeffreys

Hi,

It is like asking who makes $1,000,000 in 1 month from amazon, clickbank. Sounds like scam...
Nobody will answer that.

I answered that in my OP. Did you read the title and NOTHING else?
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- James Sides 13 years ago
  
  Honestly, this doesn't surpass me at all. There are many folks making MINT on Kindle right now. I said I wasn't going to branch out into new projects in 2012 due to already being involved in a few LLCs but Kindle was too good to pass up and I recently added it to the list.
  
  Thanks for the awesome share.
  
  Cheers,
  
  James
  
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Chris Chicas

13 years ago

I have a little secret to tell (well sort of), my background is in fiction writing - novels, screenplays, etc. And although I don't consider myself anywhere near pro status yet, the reason why I joined Internet Marketing was to know how to market my main work, which is fiction. I needed to leverage the marketing aspect because in my fiction writing ventures I came across A LOT of writers who were not selling more than a few copies of their work a month - and at a listed price of $1.00

So realize that there is blood, sweat and tears involved in which ever way you decided to run towards - Kindle market, IM, etc.

Being a great writer and oblivious to internet marketing is not better than being a great internet marketer being oblivious to great writing.

All the best.

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Noel Cunningham

13 years ago

Interesting post - thanks for sharing OP. I've been sitting on an ebook for a while now and am developing 2 more...must do a bit more research and check out the Kindle. Thanks.

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zamzung

13 years ago

Nothing that surprise me here... people love reading fiction and that is why those titles are so popular... Joe Konrath is just one of the guys who understood that and took action... he is doing pretty good because he have lot of titles, and obviously know what is selling on Kindle fiction these days... take some time, do some research and you will know the same... it's just question can you provide that market with your titles?

For fiction you must have a great imagination to come up with all those ideas, and I guess most of us here don't have that... Non-fiction is great market too, but different... in non-fiction we from IM could do much better but again you need to have quality content, good idea, perfect hook... and series of Kindle books...

The most important thing here is Kindle itself... it allows us to pretty easily publish our own books and make them available to the market... in other words, we can bypass those publishers who will refuse our work... Kindle also made it easier for readers to get to various titles pretty cheap... in any way we go, fiction or non-fiction, we have to use that ability Kindle give us...

The problem is... most people understood Kindle as a way to scam people and Amazon with quickly made crappy books... now when Amazon pays attention to those suckers, we think it's impossible or hard to make money with Kindle, which is not... it's just that you can't work with Kindle as a part time job... it's serious business as any other business out there... as with anything else, if you do it in the right way, it will pay off to you... just my 2 cents...

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G56Ace

13 years ago

Now that's something. I'm happy for the guy.

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GuruGazette

13 years ago

The free downloads earn for the author based on their percentage of the overall total for the month. In Dec 2011, the pot was $500,000 and 295,000 books were downloaded. So authors earned $1.70 per download. The Jan 2012 pot was raised from 500k to 700k yesterday.

I sell non fiction and do fairly well. My free downloads for dec look to have earned me over $300. That's not including paid sales of course. Jan sales in US store are breaking all records for me and are on track to coming very close to an acceptable version of full time income.

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kevinw1

13 years ago

Originally Posted by GuruGazette

The free downloads earn for the author based on their percentage of the overall total for the month. In Dec 2011, the pot was $500,000 and 295,000 books were downloaded. So authors earned $1.70 per download. The Jan 2012 pot was raised from 500k to 700k yesterday.

There's some confusion going on here. There are two different ways for people to read your book for free. Both require you to add your book to the KDP Select program, which requires you not to have it available anywhere else in digital format - no PDF's no Nook, etc.

1) Amazon Prime members can *borrow* the book. You get paid when they do so out of the pot that was increased from 500,000 to 700,000 for Jan 2012.

2. You can make your book "free" for 5 days out of a 90 day period. Anyone can download it for free when you do so. You do NOT get paid anything for these downloads. It's a marketing tool which can get you more readers, more reviews, better rankings, and some actual sales for a period after the free day. Don't use all 5 free days together - space them out.

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danr62

13 years ago

Originally Posted by kevinw1

There's some confusion going on here. There are two different ways for people to read your book for free. Both require you to add your book to the KDP Select program, which requires you not to have it available anywhere else in digital format - no PDF's no Nook, etc.

1) Amazon Prime members can *borrow* the book. You get paid when they do so out of the pot that was increased from 500,000 to 700,000 for Jan 2012.

2. You can make your book "free" for 5 days out of a 90 day period. Anyone can download it for free when you do so. You do NOT get paid anything for these downloads. It's a marketing tool which can get you more readers, more reviews, better rankings, and some actual sales for a period after the free day. Don't use all 5 free days together - space them out.

There is one other way which is somewhat backhanded. You can upload your book to other platforms (Nook, Ipad, your own website, or pretty much anywhere) and list it for free on those platforms. You can then ask people to report the lower price to Amazon and they will price match it to free until you change the price on those other platforms.

This way you can keep a book free forever, which can lead to more exposure.

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KimmyB

13 years ago

Thanks for this post.

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blogdog

13 years ago

I can't think of anything more inspiring to write a novel than this guy haha. $100,000 is an astounding figure, hope he does well in the future

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lotsofsnow

13 years ago

This is great!

Maybe, maybe I should finally get cranking on a novel...

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paul wolfe 13 years ago

Originally Posted by hpgoodboy

This is great!

Maybe, maybe I should finally get cranking on a novel...

If you read the John Locke book on Kindle and Amazon - and if you're planning to do this then you should - and then you read some of Lock's books, you'll find that Locke's books are what 10-15 years ago would have been called Novellas. they are about 25-30 K words as opposed to a traditional novel which is more like 80-100K words.

And one of the 'secrets' to Locke and Kornrath's success is having multiple titles out there. So you don't necessarily have to write 80,000 word novels to repeat the kind of success these authors are having.

But as Martin posted above you DO have to publish enough quality stuff that your ideal readers want to read. And want to read more of the same of.

If you can do that though....Kindle is revolutionary. Freaking awesome platform.
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Martin Avis

13 years ago

It has to be said that the book that this guy is making most of his money with - The List - is a cracking good read. I am three-quarters of the way through it and loving every page.

While good writing doesn't guarantee anyone success, it certainly doesn't do any harm. And sure beats the alternative.

Martin

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Chris Chicas 13 years ago

Originally Posted by Martin.Avis

It has to be said that the book that this guy is making most of his money with - The List

So this guy is banking with a book called "The List?" How ironic.
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roundsoftz

13 years ago

Too many posts by the same guy... makes it less palatable for me..

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niknik

13 years ago

sound to good to be true,scam warning I think !!!!

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danr62 13 years ago

Originally Posted by roundsoftz

Too many posts by the same guy... makes it less palatable for me..

Originally Posted by niknik

sound to good to be true,scam warning I think !!!!

Guys I'm not selling anything. It's just a link to an inspirational story on his blog.
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cashcow

13 years ago

Konrath isn't the only one over there making big bucks either.

There's only one catch to making lots of money with self publishing ….. you have to have a bunch of really good books that people want to read.

Lee

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Vibes

13 years ago

waiting for Kindle to come to Asia!

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Mate

13 years ago

He deserves it! His books are fantastic.

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mrdomains 13 years ago

36 books in 2 years.. Ghostwriting always has been a noble ingredient offline publishing. Technically, you could have several books done in your name per year but the nr.1 fear every publishing house had was diluting the shine of a cashcow. When talking actual printed paper books (before print-on-demand fulfillment), the investment and time devoted to printing, binding, distributing and marketing the precious print made the publishing houses dripfeed your shiny content and try to keep the glowing embers just hot enough to last a lifetime. Rarely would you see the dilution of an author's name on more than a book a year, or perhaps a book every 5 years =0

Anyway, all the power is yours now and you can burn as bright and fast as you like.

The nice part is that among all this soggy driftwood that will be produced, the truly solid works will stand out even more over time.
- Thanks
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danr62

13 years ago

A good strategy to use with Amazon is to take a larger story and break it down into several episodes. You can even make your first book in the series free to get more downloads, then hook people into reading the rest of the books.

Another good idea is to link from your book to a list sign up page where you can announce the release of your next book.

[ 1 ] Thanks

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marktheonlinesurfer

13 years ago

It is an inspirational story indeed! Thanks for this!

I am also looking into get into the Kindle Business and fiction seems the way to go. But the content has to be good as you all discussed.

I am wondering what you think of some people who advocated using PLR to create high-volume Kindle books?

James Jones has a WSO on this topic and I'm wondering if it is no longer relevant?

Thanks
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kevinw1

13 years ago

Originally Posted by marktheonlinesurfer

I am wondering what you think of some people who advocated using PLR to create high-volume Kindle books?

James Jones has a WSO on this topic and I'm wondering if it is no longer relevant?

Amazon no longer accepts PLR books on the Kindle. Previously published PLR books have been un-published, and some people have had their accounts closed. Any Kindle "training" which suggests this as a route is, yep, outdated.

Thanks

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Paul Gram

13 years ago

Originally Posted by marktheonlinesurfer

It is an inspirational story indeed! Thanks for this!

I am also looking into get into the Kindle Business and fiction seems the way to go. But the content has to be good as you all discussed.

I am wondering what you think of some people who advocated using PLR to create high-volume Kindle books?

James Jones has a WSO on this topic and I'm wondering if it is no longer relevant?

PLR was never a good idea for the Kindle anyway.