$1500 a month Kindle publishing?

by Paul Wadsworth 14 replies
Hey guy's,

I've recently set myself an initial goal of making $1500 a month from Kindle publishing by July. With a goal later down the line to be making around $4000 + per month.

I'm just curious of hearing others successes and to get a rough idea of what that goal looks like in terms of number of books and number of sales per day/week/month?

Let's assume the price point is $2.99.

Approximately 25 sales per day @ 70% royalty should do the trick. I'd hope that is achievable with around 15 books? But it's obviously dependant on how successful the books are individually.

Please share your thoughts.
#main internet marketing discussion forum #$1500 #kindle #month #publishing
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  • Profile picture of the author MValmont
    Used to be in this business big time.

    It i definitely doable, but it is a little bit harder these days...Amazon changed their algorithm, harder to get reviews, etc. It is still doable, but I switched to drop shipping instead.

    You write the books yourself?
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  • Profile picture of the author Paul Wadsworth
    Yeah I'd heard that 2013 was the peak!

    I have written a couple myself which haven't been published yet. I have 2 published books having used ghost writers.

    Currently making around $40-50 per month off the 2 books. The goal is to get that amount of sales per day.

    Some way to go still..
  • Profile picture of the author ryanbiddulph
    Build that big old list Write a bunch of helpful eBooks, give 'em out for free, keep writing, keep networking and the numbers will flow.

    I have 124 eBooks on Amazon. Just blitzing them over the past few months, really pushing, and sales are increasing.
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  • Profile picture of the author Pradeep Khodke
    Hi Paul, congrats for achieving $1500 goal, with you to achieve your next goal very soon, Have you done KDP Course for it ? and how many kindle books have you published to achieve $1500 goal.
  • Profile picture of the author quadagon
    Doing it by July might be a push but it is certainly doable.

    Before I sold off my kdp publishing company we had 52 books published.

    These were non fiction and thematically interlinked.

    Typically a customer would buy 3 of the books @3.99 each. The real beauty of this market is that every year there were 700,000 new customers looking for the product (and only two main competitors).

    With fiction books a lot of people are having success by launching multiple books at one time (or within a short space of time). With this you can have one on promotion and help drive sales to the other books.

    As mentioned you want to start building a list so that you can engage your audience in your work and promote to them at the right time.

    I'd recommend that you look at Chris Fox and Mark Dawson as they have some good stuff out there on book launching.
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  • Profile picture of the author writeaway
    OP, If you can get ALL your Kindle books to rank at around 10K each, you're going to be making roughly around $10K USD each book per year.

    That's around $800 per book per month so you need 2 books to hit 10K rank

    I suggest hitting many low competition high demand genres on Kindle

    There's software you can use to detect these. I believe a tracking service even exists for this.

    I do niche/genre selection manually though.
    • Profile picture of the author Paul Wadsworth
      That seems like a high ranking!

      My books fluctuate frequently between 50k - 200k ranking.

      I've no idea how to get them under 10K. That would be the goal to do so
  • Profile picture of the author Best Seller
    Originally Posted by Paul Wadsworth View Post

    Hey guy's,

    I've recently set myself an initial goal of making $1500 a month from Kindle publishing by July. With a goal later down the line to be making around $4000 + per month.

    I'm just curious of hearing others successes and to get a rough idea of what that goal looks like in terms of number of books and number of sales per day/week/month?

    Let's assume the price point is $2.99.

    Approximately 25 sales per day @ 70% royalty should do the trick. I'd hope that is achievable with around 15 books? But it's obviously dependant on how successful the books are individually.

    Please share your thoughts.
    This man recently guest posted on my blog, and I think his advice is worth reading: How Timothy Ellis Consistently Sells 3000+ Books Per Month.

    His advice in a nutshell: "The single best way of promoting any book is to release another book."
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    • Profile picture of the author writeaway
      Originally Posted by Best Seller View Post


      His advice in a nutshell: "The single best way of promoting any book is to release another book."
      That's absolutely true with Kindle. You can set up your books for EMAIL COLLECTION so it becomes easier and easier to promote new (and older) books as you publish more and more books. Why do you think there are so many "cheatsheet" or "checklist" giveaways on Kindle books?
  • Profile picture of the author RED flower
    Really your idea is very cool and I hope you get what you want

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