Product Name: KDP Profits
Also Known As: Kindle Publishing Profits
Owner: Gerry Murphy
Release Date: April 1st, 2016
Guarantee: 60-day money back
I saw this new product KDP Profits, so I thought I would take a look at it. It is all about earning money by publishing Kindle books. There must be something in this method, as there have been other guides which teach the same kind of thing. Just last week I wrote about another new product called Self Publishing Revolution, and last year I reviewed Kindle Money Mastery.
And it makes sense that it would work as a business model.
It probably goes something like this:
- You find hot keywords that people are searching for.
- You pay someone to write an ebook about that topic.
- You put that ebook on Amazon as a Kindle book.
- People searching on Amazon for books on that topic will find your book.
- Because your Kindle book will be much cheaper than a traditional paper book, people will be more likely to buy it.
- No need to pay for the high cost of physically printing books.
It makes total sense that a method like that would work really well once it got going.
You would just need to make sure you did the following correctly:
- Make sure you choose the best topics and keywords.
- Hire good writers.
- Make sure your book cover looks great.
If you were to get those things right, it could be a really good business model.
You might have to spend quite a lot of money before you start getting money from the sales of your Kindle book. Because you want good writers, it’s probably best not to go too cheap when hiring them.
A great place I have used for paying for custom written articles is Textbroker.com. You will pay 2.4 cents per word for a 4-star quality article.
But how long does a Kindle book need to be? A quick search on Google reveals that Amazon will no longer publish Kindle books with fewer than 2,500 words. So let’s say your book should be 3,000 words just to be sure. That will cost you $72 to get written through Textbroker, but you could probably get a discount for such a large project. But let’s stick with the figure of $72 for the moment.
Let’s say you sell your Kindle books for $2.99 each. The standard royalty on Kindle is 35%, so you’ll get $1.04 for each book you sell.
This means you will need to sell 69 copies of each ebook in order to break even.
Okay, so for popular topics that people are desperate for information on, you will probably sell that many…eventually.
The problem is…
There could well be a significant period where you are repeatedly spending $72 on each ebook and waiting for the sales to come in. Ten Kindle books might cost you $720.
So perhaps the best approach would be to write the first few books yourself, and maybe this KDP Profits guide advises you to do that initially anyway.
Is Kindle Digital Publishing Profits a Scam?
It doesn’t show any of the classic signs of being a scam, and as I have explained, it does seem like a method that could work. I suspect there is good value in this guide, and it is possible to earn money with the information you learn. I’m just warning you to be a bit realistic about how much money you might end up spending before you make a profit.
But then any business involves costs before you start making a profit, right? If you are willing to spend a bit of money to get things going, why not give it a try. Click here to try KDP Profits.
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I hope you found my mini review of KDP Publishing helpful. If you have any questions or comments, why not post them in the comments section below.
All the best,