Flipping Kindle Books?

13 replies
Can I, i.e. is it legal or allowed by Amazon, flip a Kindle book?

Let's say I write a book and it is selling pretty well. Maybe it brings in $300 on average a month. Can you sell that book to someone else so they can continue that income stream? I guess you would have to unpublish the book, then sell it so the next person can republish it? I would think that this would be a big loss in ranking. I don't even know if Amazon allows it.

Since it is providing a steady monthly income it is an asset. Like selling an Adsense site making $300/mo, or maybe a product site that brings in $x/mo in sales. And would this be the 8x-12x earnings range? Just curious.
#books #flipping #kindle
  • Profile picture of the author colinph970
    Very interesting question. I personally can't see anything wrong with doing exactly as you suggest - unpublish it then transfer to new owner and then new owner uploads it again. I did set up a website for people to buy and sell the original rights to e-books some time ago but it got no interest. Its at FlipAuthor.com
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  • Profile picture of the author joseph7384
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    • Profile picture of the author Lightlysalted
      Originally Posted by joseph7384 View Post

      I do not think that this is something that should be done, it's bad business and why would anyone want to sell it if it's making $300 of passive income each and every month.
      I agree, what purpose would it serve to sell a book that was earning you money passively?
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      • Profile picture of the author TycoonRob
        Originally Posted by Paid Surveys View Post

        I agree, what purpose would it serve to sell a book that was earning you money passively?
        Same reason anyone sells a residual income asset - cash now. Just like a MFA that makes $100/mo where you can get 8-10x monthly earnings, so $800-1000. Sometimes you just need a large chunk of cash.
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  • Profile picture of the author sbucciarel
    Banned
    Interesting concept but may be hard to implement for the reasons you already stated.
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  • Profile picture of the author PublishingMadeEz
    Personally, insted of selling the rights I would do one or all of these:
    1) Publish it in different formats - Example Nook Book or CreateSpace
    2) Develop other books of similar subject matter and cross promote them using the popularity of your first book to generate sales for your new books.
    3) Build a website with an opt-in page to build a list - then use affiliate sales to promote other products

    The tough part is getting the first book to be popular enough to generate sales. You have that done so the rest of these should increase your income far beyond what you could get from a 1 time pay out flipping it.
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  • Profile picture of the author jacktackett
    To my knowledge there are no issues with doing this with Amazon's TOS (but I've not looked in about a year). Book projects are traded/sold all the time with big publishers - and they have a tendency to gobble up other smaller publishers as well.

    The biggest issue is if you're selling the book - or the account (ie the publishing business). If you're just selling the book - then you would have to unpublish it and let the buyer publish it - which would instantly loose all reviews etc and the buyer would be starting from scratch. As a buyer I'd want to purchase the publishing business along with your amazon account. It gets complicated if you have multiple books in the account that you do not want to sell.

    Also, make sure you have the paper work ready for due diligence - copyright information, work for hire contracts, model releases, tax figures and of course revenue/expenses/profits.

    In general you can flip a book - you're basically selling either a business or a business asset - the devil is in the details.

    --Jack
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    • Profile picture of the author iSoftware
      Originally Posted by jacktackett View Post

      To my knowledge there are no issues with doing this with Amazon's TOS (but I've not looked in about a year). Book projects are traded/sold all the time with big publishers - and they have a tendency to gobble up other smaller publishers as well.

      The biggest issue is if you're selling the book - or the account (ie the publishing business). If you're just selling the book - then you would have to unpublish it and let the buyer publish it - which would instantly loose all reviews etc and the buyer would be starting from scratch. As a buyer I'd want to purchase the publishing business along with your amazon account. It gets complicated if you have multiple books in the account that you do not want to sell.

      Also, make sure you have the paper work ready for due diligence - copyright information, work for hire contracts, model releases, tax figures and of course revenue/expenses/profits.

      In general you can flip a book - you're basically selling either a business or a business asset - the devil is in the details.

      --Jack
      ^^ listen to Jack - he's a knowledgeable guy

      The biggest issue would be transferring the asset. If you publish under an LLC and sell off the whole entity, this makes it easier.

      However if everything is coming through your personal account it becomes more of an issue. The good news is you can get one (an LLC) set up pretty easily.

      I think it could be a very good business model if you take it seriously. The trick would be to become a dominant player in a particular niche - then shop the whole mini-publishing company around to a larger entity (heck, Amazon itself may even be interested in buying it). Of course I'm not giving you any official legal advice as I'm not a lawyer. But as an experienced new media asset investor, I can tell you this: if you establish yourself as #1 in a particular niche, buyers WILL find YOU!

      These kinds of long term strategies are what we talk about all the time in our our mastermind community.
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  • Profile picture of the author sandrasims
    Interesting idea. I can see why you would want to sell it - same reason anyone sells a website. You get a higher upfront cash payment instead of waiting for the $300 a month. You might be able to sell the rights for $3000-$5000.
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    • Profile picture of the author joseph7384
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      • Profile picture of the author TycoonRob
        Originally Posted by joseph7384 View Post

        What about this scenario, 10 books @ $300/month = $3000.00 every month instead of $3000-$5000 one time.
        Sure, if you can create 10 books that actually make $300/mo. Not as easy as all the Kindle WSOs say, at least in my experience.
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  • Profile picture of the author Fun to Write
    I don't like this idea. I don't think Amazon KDP will like it either. It's out of the norm for how book authors and publishers use the platform. One of the main issues is that once a book is published and bought ($1-$300 month worth), you can unpublish it, but this only means the author does not continue selling it.

    That book will live on in Amazon's system because Amazon keeps it on file so that previous buyers can download it again if need be. Therefore, another person publishing this same exact title could be subject to the PLR penalty. Amazon could make the new "owner" prove their ownership with links/documentation, etc. If that ownership is insufficient, they won't be able to sell it.

    Seems like you're looking to try this out, but I think it's going to be a pain in the butt to implement. You should contact KDP customer service and ask them if this book flipping is even possible under their TOS - that should be your starting point IMHO.

    If you really desire to make more money from books, the best way to do that is to keep writing and publishing more books. KDP publishing is very hit or miss. However, if you work at building up your own author brand, stick to a theme of what you do best - you will eventually develop a fan base.

    Sounds to me like you're giving up too soon on writing books for yourself. Don't get discouraged. Keep at it. You're into zombies, well, develop a great storyline, memorable characters, cool zombies and write a series based on that. Use your imagination. People love series. Zombie is a popular niche, and you can do something more with it if you commit to doing the actual grunt work of writing.
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    • Profile picture of the author TycoonRob
      Originally Posted by Fun to Write View Post

      I don't like this idea. I don't think Amazon KDP will like it either. It's out of the norm for how book authors and publishers use the platform. One of the main issues is that once a book is published and bought ($1-$300 month worth), you can unpublish it, but this only means the author does not continue selling it.


      Seems like you're looking to try this out, but I think it's going to be a pain in the butt to implement. You should contact KDP customer service and ask them if this book flipping is even possible under their TOS - that should be your starting point IMHO.


      Sounds to me like you're giving up too soon on writing books for yourself. Don't get discouraged. Keep at it. You're into zombies, well, develop a great storyline, memorable characters, cool zombies and write a series based on that. Use your imagination. People love series. Zombie is a popular niche, and you can do something more with it if you commit to doing the actual grunt work of writing.
      Actually I'm not really looking to try it out. I am continuing to write and publish and I'm fine with what I have. I like the monthly income. And I'm DEFINITELY not giving up or getting discouraged. Really it was just a "Hmmm...I wonder" kind of questions.

      As far as zombies goes, YES - I am working more in that niche since it's so popular. Should have a survival guide with a twist coming out late Sep or early Oct (Halloween season). Now, back to writing!
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