Self-publishing has become a means for authors to maintain editorial control over their work. It also enables them to earn more royalties than mainstream publishers.
In fact, in only the last five years, the number of Amazon publishing has increased by 264%.
Since Amazon is one of the most popular online stores, many writers use their streamlined self-publishing service. However, you must decide.
Before you decide to self-publish on Amazon, understand the pros and cons of self-publishing and your other options. Start with this great guide to the marketing process, which covers everything from self-publishing to finding an editor.
Benefits of Self-Publishing on Amazon:
Below are some prominent benefits of Amazon publishing:
Simple to Use
The clearest benefit of using KDP is that you don’t have to deal with all the trouble with standard printing. There are no rejections from writing managers or publishing houses, and you don’t have to wait months to hear back from the editor. To get your book published, you only need your text, a book cover, and a way to connect to the internet.
You also have full power over the artistic part of the process when you use KDP. You get to decide what’s in your book, what it’s called, how the cover looks, and even who it’s for. No people are standing in the way of what you want to do with your book. Even if you have to work with others, like writers and artists, you still have the final say on how the book should look.
Getting your book published the old-fashioned way takes a long time and a lot of patience. Amazon publisher services give you a quick way to get your book out to many people. So instead of waiting months for your book to come out, you can self-publish it on Amazon Kindle in just a few minutes, and it will be in the Kindle store in about a day.
Everyone seems to be talking about how much Amazon pays in profits, and they’re not wrong at all. Most of the time, an officially released author’s first book earns about 10% of the book’s price, which means that if the book sells for $10, the author will only get $1. Depending on the printing house, the fee rates range from 7% to 25%. This seems too little, given how much time and work went into writing this.
On the other hand, Amazon pays up to 70% in fees, which isn’t bad considering it’s one of the biggest online markets. There are, of course, some requirements to get this high rate. For example, the book must cost between $2.99 and $9.99, be sold in certain countries, and be enrolled in KDP Select in those countries.
KDP On-Demand Printing
Getting your book published costs a lot of money. Also, there aren’t many ways to physically distribute self-published books because most shops have exclusive deals with standard publishing houses. American Author House and KDP give writers the choice of having their book printed when someone orders it.
If they do this, printing costs are taken out of their earnings. This works for most self-published authors who don’t have much money and can’t afford to print hundreds of copies of their books.
Available in Audiobook Format
When you self-publish through Amazon, you can also print an ebook with music and video files and links and pictures that can be clicked on. And before you send your ebook to Amazon, confirm it with Kindle Previewer to ensure it meets their standards and works with their features.
Keeping Track of Sales And Quick Earnings
Self-published writers may monitor their book’s sales and royalties received over the last 90 days with the help of Amazon’s Kindle Sales Dashboard. You can also sort the information by market, eBook or print, subject, period, etc.
The best part of Amazon publishing is that earnings from self-publishing every month by direct payment, wire transfer, or cash. This happens about 60 days after the sale ends at the end of the month. This is a great deal compared to the normal wait time of 6 months for standard printing.
Opportunity to Stand Out
Amazon is one of the biggest places to buy books online. If you sell your book through KDP, it will be available to all Amazon users, which is a lot of people. It also means that someone in North Africa can read your book while sitting in the comfort of your home in the United States.
You can also use Amazon Ads to get your book in front of the kind of people who are most likely to buy it. Amazon also lets you choose how much to bid per click and how much to spend each month on the ad campaign.
Drawbacks of Self-Publishing on Amazon
Here are some drawbacks of Amazon publishing:
Highly Competitive Market:
KDP is free and open to anyone, making it a competitive industry. This makes it hard for people to find your ebook and even harder for you to get those first reviews that can help you sell more ebooks. The fact that only people who bought the book can write a review makes it even harder. So you might need to set aside some money for ads to inform people about your book.
No Upfront Payment:
Authors who publish their work through traditional publishers often receive some advance money. You will not be paid in advance when you use Amazon publishing through the Kindle Direct Publishing platform. The only way for you to make money is if people buy your book.
Reliance on Amazon’s Terms of Service:
Amazon’s rules, terms, and conditions, which can change over time, apply to self-published writers. These changes could affect how prices are set, fees are paid, promotions are done, or even content standards are set. Authors must stay up-to-date on any policy changes that could affect their writing journey and figure out how to deal with them.
Limits On Sharing Content:
A self-publishing deal with KDP limits the material an author can share outside of Amazon. This means writers can only share 10% of ebook writing services on their websites, blogs, and other online platforms. Sharing more than 10% is against the rules and could get you in trouble. So, if you’ve already put parts of your book on your blog, you’d have to take down that post to meet the terms of your KDP contract.
There are both good and bad things about Amazon publishing. Utilizing the platform’s global reach, creative control, and competitive royalties, authors can establish their presence and potentially reach a large audience of readers. Nonetheless, they must be ready to handle marketing tasks, pay for editing services, deal with a competitive market, and adjust to Amazon’s ever-changing standards.