Amazon King by Deyan Dimitrov (read 50 shades of grey txt) 📕
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- Author: Deyan Dimitrov
Read book online «Amazon King by Deyan Dimitrov (read 50 shades of grey txt) 📕». Author - Deyan Dimitrov
My first experiance in Amazon was whit this tool https://bit.ly/amazon-market
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Table of Contents
Introduction to Amazon King 4
Amazon’s Profit Hubs 6
Amazon Prime 6
Kindle Direct Publishing (KDP) 7
CreateSpace 9
Amazon Advantage 9
Amazon WebStores 10
Amazon aStores 10
Making Money with KDP 11
Choosing a Subject 11
Creating the Publication 11
Creating a Cover 12
Publishing on KDP 12
Promotion 13
CreateSpace 14
Amazon Advantage 15
15
Amazon WebStores 16
Choosing a Theme 16
Fees 17
Sourcing Products 18
Amazon aStores 19
Final Words 20
More Resources For Success 21
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©2013 All Rights Reserved.
No part of this publication may be, including but not limited to, reproduced, in any form or medium, stored in a data retrieval system or transmitted by or through any means, without prior written permission from the publisher.
The information contained herein has been obtained from sources believed to be reliable at the time of publication. The opinions expressed herein are subject to change without notice.
The publisher disclaims all warranties as to the accuracy, completeness, or adequacy of such information.
The publisher assumes no liability for errors, omissions, or inadequacies in the information contained herein or from the interpretations thereof. The publisher specifically disclaims any liability from the use or application of the information contained herein or from the interpretations thereof.
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Introduction to Amazon King
Amazon is one of the biggest retail companies in the entire world, serving millions of customers every year and making unbelievable profits. They have a level of customer loyalty that most companies are never able to attain.
While most entrepreneurs dream of making even a meager living online, few ever do. They try to compete with giants like Amazon, thinking they can just set up a website, attract visitors, and profit. Unfortunately, things just don’t work that way. Amazon is already established. They have established business relationships with suppliers and shipping companies, so they can get better prices than you could ever manage on your own.
You may think, “Why should I even bother trying to start a business online if I could never compete with Amazon, anyway?”
The thing is, you don’t have to worry about competing with Amazon. Have you ever heard the old adage If you can’t beat ‘em, join ‘em? You can actually partner with Amazon, leveraging their incredible power to build your own business without having to compete against a giant like Amazon.
So why exactly is Amazon a good company to partner with? There are many reasons why such a partnership could be extremely beneficial for you. For example:
Approximately 5% of all internet traffic visits Amazon.com each month. To put that into perspective, there are approximately 2 billion total internet users worldwide, which means around 100 million people visit the site each month!
Amazon is the 5th most visited website in the U.S.
Amazon is the 14th most visited website in the world.
Amazon has captured one of the most lucrative demographics in
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existence – childless women over age 35 making $60,000+ per year.
In addition to these statistics, Amazon is simply one of the most powerful and reliable forms of traffic online. People tend to spend a tremendous amount of time on the site, often making several purchases per visit. They trust Amazon, and Amazon’s liberal shipping and return policies get them to return again and again.
In this report, you’re going to learn how to team up with this global retail monolith, and use their tremendous power and success to build your own online business.
You’ll learn about several different business models you can use to make money with Amazon, and how to choose one that suits your business style.
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Amazon’s Profit Hubs
Amazon has many different revenue streams that have made it one of the most profitable online businesses in history. Their strategies have made them the powerhouse they are today.
Let’s take a look at some of the different revenue models Amazon have developed, and how you can use them to your advantage.
Amazon Prime
Amazon Prime is a program Amazon debuted a few years ago. Initially, the program’s primary advantage to customers was tremendous savings on shipping costs on products sold by Amazon.com, but it has evolved to offer other benefits as well.
The program lets people get overnight shipping for $3.99 per item, and 2-day shipping FREE! An Amazon Prime membership costs $79 per year, but considering overnight shipping can cost $20 or more for a single item without an Amazon Prime membership, the savings can add up quickly.
One thing that makes Amazon Prime so powerful is that people tend to order a lot more from Amazon once they become a member. It’s hard to order an item from another retailer when standard shipping from that retailer would potentially be $7-$10 and the item would take a week to arrive, when you could get FREE shipping and have the item in two days or $3.99 and have it in 24 hours. This means Amazon Prime members are prone to do most, if not all of their online shopping with Amazon instead of their competitors.
But Prime members get other benefits, as well. Amazon keeps adding new benefits regularly. Here are a few of the current benefits of Amazon Prime
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membership:
Access to thousands of streaming television episodes and movies included with membership. Currently, Prime Members have over 38,000 episodes and movies to choose from.
The ability to borrow one Kindle book each month for free.
Free 2-day shipping on millions of different items.
Overnight shipping for $3.99 per item.
These benefits alone could be worth thousands of dollars, so you can see why so many people pay $79 per year to receive them.
While you can’t make money directly from the Amazon Prime program, it will benefit you enormously by making it much easier to get people to buy the things you are selling, because many people (especially Prime members) will already be loyal to the company.
Kindle Direct Publishing (KDP)
One of the most popular programs Amazon has developed in recent years is their KDP program. KDP stands for Kindle Direct publishing. Their program allows authors and publishers to make their content available for sale through the Kindle platform and receive huge commissions on sales.
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There are two commission structures:
Earn 70% commission on products between $2.99 and $9.99.
Earn 35% commission on products between $0.99 and $2.98 and on products $10 and up.
As you can see, the most lucrative prices for your books would be between $2.99 and $9.99, but if you’re interested in bulk sales you could certainly price at $0.99. Just remember that you would have to sell six books at $0.99 to get paid as much as a single sale at $2.99.
You can publish nearly anything on the KDP platform. Here are some examples of products people publish on Amazon:
Short stories and story collections
Children’s picture books
Cookbooks
How-to books
Novels
Poetry collections
Amazon does have fairly strict quality standards, but perhaps not as strict as you might expect. They don’t really pay a lot of attention to the quality of the story or the content itself, but they do care about things such as formatting, length, spelling and grammar. Don’t expect to publish a 5-page report full of typos and get away with it.
Once you publish something on the platform, it will be available to anyone who has a Kindle device, as well as anyone who downloads the Kindle app to their computer or mobile device. The Kindle app is available for both Mac and PC computers, as well as many different devices including iOS (for iPad and iPhone)
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and Android.
When people purchase your publication, Amazon will give you a commission. Commissions are paid monthly approximately 60 days after the end of the pay period. So it will be a couple of months before you receive your first payment, but you’ll receive payments monthly after that.
CreateSpace
Amazon also has a program that will enable you to publish your content in print format, as well. This program is called CreateSpace, and it will let you choose from a variety of different paperback sizes and then publish your content in print.
While most people don’t earn as much money with their printed material as they do digital, making your content available in print helps expand your reach to those who prefer printed material, which can increase your visibility considerably.
Amazon Advantage
If you have content you have already published in a physical format somewhere other than Amazon, you can use the Amazon Advantage program to sell it through the Amazon website. This program costs $29.95 per year plus a 55% royalty to Amazon for every sale. However, taking advantage of this program could drastically increase your visibility and it could be well worth it to get such a lucrative new distribution channel.
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In order to qualify for the Amazon Advantage program, your content must:
Be in physical format, not digital. (Example, CDs, DVDs, printed books, etc.)
Have a scannable ISBN/EAN/UPC barcode.
Amazon WebStores
Amazon now makes it easier than ever to open your own e-commerce store without having to spend a fortune doing so. With Amazon WebStores, you can open your own online store quickly and easily at a cost of between $9.99 and $49.99 per month plus a small commission on sales. For this fee, you can create as many stores on Amazon as you like, and you can even supplement your offerings with products from Amazon’s own catalog if you like.
If you don’t have your own product(s) to sell on your website or on an Amazon WebStore, you can still have your own e-commerce site by selling Amazon products as an affiliate through an Amazon aStore.
Setting up an aStore is very simple as an affiliate. You just choose some design aspects, choose products, and you get a link to your aStore you can send people to. You earn a commission on sales just like any affiliate.
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Making Money with KDP
http://kdp.amazon.com
Making money with KDP is a lot easier than you might think. If you can write (or outsource writing elsewhere) and use Microsoft Word or an equivalent word processor, you can make money with the program.
Choosing a Subject
The first thing you need to do to make money on KDP is to choose a subject. You should decide between fiction and non-fiction, then choose what exactly you want to write about.
Typically, fiction sells better on Amazon than non-fiction. This is a very general statement, however. The right type of non-fiction could end up earning more than a novel. But generally speaking, fiction is more lucrative. However, fiction may also take a lot longer to create, especially if you create quality full-length novels.
Unless you already know something specific you’d love to write about, a good way to determine what would be profitable on Amazon would be to check the bestseller lists. Remember, the bestseller lists for Kindle may not always be the same as those for print books, so be sure you’re checking the Kindle bestseller lists.
Creating the Publication
Once you have chosen your subject, it’s time to create your publication. There are many different ways to do this, but the most common way is by simply creating a Word document in .doc format. You can upload this file to the KDP
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system and it will be automatically formatted for the Kindle format (.mobi).
Here is a great tutorial on building your book for Kindle:
https://kdp.amazon.com/self-publishing/help?topicId=A2MB3WT2D0PTNK
Creating a Cover
You’ll need a cover image. Amazon has specific rules for the size and other aspects of cover creation. At the moment, you can only submit cover images in JPG or TIFF format.
They recommend an aspect ratio of 1.6, and
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