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[GUIDE] Ebook + New Kindle Unlimited = $2,000/month

Discussion in 'Making Money' started by JGatsby, Aug 27, 2015.

  1. JGatsby

    JGatsby Newbie

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    As a ?thank you? for all the wonderful advice and inspiration I?ve received from this board, I?ve made the following guide for how to make at least 2k/month writing ebooks for the NEW Kindle Unlimited (KU). Note, while you can outsource the majority of this (all of it if you know where to look) this guide is not for people who don?t want to work. You?ll get out what you put into it. Whether that?s money for outsourcing, or your hard work and time, it?s up to you.

    I?ll be primarily focusing on fiction ebooks. While both fiction and nonfiction are saturated markets, it?s much easier to make money in fiction categories, especially if you choose the right niche. However, most of this advice can be applied to both fiction and nonfiction ebooks.

    To start, you?ll need a couple of things:

    • Kindle Unlimited (KU) Subscription
    • Amazon KDP (Kindle Direct Publishing) Account
    • Amazon Author Central Account
    • Facebook and Twitter Account
    • An Email Marketing Service

    Step One: Do Your Research

    This is where the Kindle Unlimited (KU) subscription comes in. See who the top Amazon authors are*. Filter out the traditionally published authors and focus on the self-published ones. What genres have the most writers? If you don?t read/enjoy books in the top-selling genre, get over it. You?re here to make money. View everything you do as a business.

    Now, go see who the top Amazon authors are in the most popular genre. Most of them have their books in KU. Choose one author (preferably the highest selling one) and use your KU subscription to read their most recent books. If you?re determined it should take you no longer than week, two weeks at the most. If you want to be a superstar about it, take three top authors and read their most recent books too.

    *There's a specific link for this and I apologize for not being able to post it because my account is so new. If you google "Top 100 Amazon Authors" it'll be the first link.


    Step Two: Choose a Niche

    The great thing about writing for KU is that you don?t have to go digging for niches. Look at what the top authors are doing. Look at the best sellers in Kindle eBooks (google "Amazon best sellers ebooks" and it's the first link) and do what those authors are doing. This will be your mantra. DO WHAT OTHER AUTHORS ARE DOING, DO NOT TRY AND REINVENT THE WHEEL. After you?ve read through those books in step one you should know exactly what niche is bringing in the bucks and how your story should be structured.


    Step Three: Write or Outsource the Book

    The ebook marketplace is saturated, which means if you?re a terrible writer your book isn't going to sell many copies. However, if you?re not half-bad or (even better) you?re really good, write your own material. In the new KU short stories aren?t going to cut it. You need to produce novels (60,000+ words). If this seems daunting, that?s what outsourcing is for. However, and please heed my words, if you think you can get away with hiring some writer for dirt cheap you are very, very wrong. Remember: the market is saturated. You only want top-notch work. Take it from someone who freelances for a living. If you?re not willing to pay $500+ for a novel, you?re going to get crap, it won?t sell, and your investment funds will go down the drain.


    Step Four: Finalize the Book (Cover Art, Editing, Blurb)

    If you?ve outsourced your work, a good writer will offer to write the blurb for you. This is what you see in the Amazon description that will hook your reader into buying your book. Once again, DO WHAT OTHER AUTHORS ARE DOING. If you decide to write your own blurb, look at the bestsellers and see how their blurbs are structured. A good writer will also know a decent editor, or be able to edit their own work. Once again, if you outsource this, you will get what you pay for. As far as the cover is concerned, there are plenty of great cover artists out there. But again DO WHAT OTHER AUTHORS ARE DOING. The top selling authors all follow the same template for their niche. Use that template.


    Step Five: Building Your Brand

    It might not be right or fair, but you?re running a business and need to think about who your book is catering to. If you?re writing for men, choose a male pen name and author persona. If you?re writing for women, choose a female pen name and author persona. Once again, DO WHAT AUTHORS ARE DOING. Your Amazon Author Central account will allow you to build an author page with your bio, books, live updates from your social media accounts and more. Google "James Patterson Amazon" for an example and it'll be the first link. Utilize this account to its fullest. Find a stock photo that fits your persona, write a bio that fits that persona. Once again if you can?t do this, outsource.



    For now, I?m going to stop there and answer any questions you guys might have. (Is anyone interested in this guide, in the first place?) Also, if there?s anything you?d like for me to cover in part two, please let me know.
     
    • Thanks Thanks x 2
  2. HoneyHelper

    HoneyHelper Supreme Member

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    here's my specific question!
    how to increase the no. of downloads to above 3K (without spending much $$) during the free download campaign !
     
  3. JGatsby

    JGatsby Newbie

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    Depends. Are you writing fiction or nonfiction? Also, what's your budget?
     
  4. snowberry

    snowberry Newbie

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    What about Fiverr for outsourcing? I've seen some writers with good ratings and lots of reviews. Also do non fiction really sell well since most popular niches it seems are saturated and full of competition. People just buy more books from established pen names than new unknown ones
     
  5. JGatsby

    JGatsby Newbie

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    Fiverr is good for outsourcing covers, formatting, and reviews (more on that later) but I personally wouldn't hire writers there. You're right about nonfiction, though. Unless you're an established brand your book probably won't sell.
     
  6. Shimdroid

    Shimdroid Newbie

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    This is very much relevant to my interests. I'm in the process of putting together an ebook of poetry I've been writing over the course of the last few years. I have easily over a hundred poems and they are unique because they have a beautiful visual aspect to them. Perhaps you could help me out a bit!
     
  7. HoneyHelper

    HoneyHelper Supreme Member

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    let's say my budget is 75$ and my niche is LOA !
     
  8. tonybao

    tonybao Power Member Premium Member

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    Can you PM me writer for ebook ?
    Thanks