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Any Suggestions on Where to Sell My Kindle Business?

by MrSDPromo
19 replies
Hi Warriors. I am interested in selling my Kindle business that is doing well. I would like to see if anyone has any suggestions on where to sell it at. I have a post here in the classifieds section and was thinking of flippa but it looks as though its really only for websites. Any thoughts, offers, etc? Thanks

Jake
#business #kindle #sell #suggestions
  • Profile picture of the author James.N
    Jake,

    What sort of business is it? So it's more than just a website? You could try ebay as well.
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  • Profile picture of the author MrSDPromo
    Ya, it has a website, actually just a domain for marketing purposes but thats not the sell. The main sell is the actual account that I own that is making $1000 for last 2 months since I started and has $2000 in the account ready to be deposited to buyer end of April.
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    Jake Widmer
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  • Profile picture of the author James.N
    I'd definitely look at flippa then - thats going to get you the most exposure.
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  • Profile picture of the author MrSDPromo
    This is a Kindle account. Is that still something you recommend?
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    Jake Widmer
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  • Profile picture of the author MSpencer
    I think flippa is just for buying and selling websites and nothing more.. You can try ebay or other similar sites. You can also try marketing your kindle to social media sites like facebook and twitter.
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  • Profile picture of the author sdessensm
    You can also try marketing your kindle to social media sites like facebook and twitter.
    I too suggest you to try social media marketing for your kindle business. It works. In fact, social media marketing is the latest buzz today. The same strategy works for my business. Why don't you try?
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  • Profile picture of the author J Bold
    Why sell it? Just keep that passive income coming in month after month. Much more valuable in the long run than selling it for some lump sum.

    Also, check Amazon TOS if they even allow you to sell your account. I would think they wouldn't, but I'm not sure.
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    • Profile picture of the author Marine0302
      How many Kindle books are associated with this account?

      Have you considered selling the rights to the books to another person vice selling the actual Kindle account?
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  • Profile picture of the author Randall Magwood
    Kindle is virtually an autopilot business that requires no maintenance on your behalf. Any reason why you want to sell it? Sounds like you're doing incredible with it.
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  • Profile picture of the author MrSDPromo
    I am trying to sell to get cash towards a down payment for a home. Yes the account does good, better than average I suspect. I am perplexed on how to do this. I could sell the actual books but if I take them down off my account and someone puts them on their account, Amazon may think its duplicate material. I dont know what to do.
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    Jake Widmer
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  • Profile picture of the author Alan Petersen
    Create a basic site for your publishing company. All you need is the domain. Use Wordpress. Put your titles in a portfolio page and use that to sell your Kindle publishing business on Flippa.

    You can get that done in a couple hours.

    Once it sells, transfer the site and Kindle account to the buyer.
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    • Profile picture of the author MrSDPromo
      Originally Posted by Alan Petersen View Post

      Create a basic site for your publishing company. All you need is the domain. Use Wordpress. Put your titles in a portfolio page and use that to sell your Kindle publishing business on Flippa.

      You can get that done in a couple hours.

      Once it sells, transfer the site and Kindle account to the buyer.

      How do you transfer the kindle account though?
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      Jake Widmer
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      • Profile picture of the author Will Edwards
        Originally Posted by mlmmarketingguy View Post

        How do you transfer the kindle account though?
        I don't know for sure, but I would think that Amazon would take a dim view of you trying to sell your account. Have you checked their TOS?

        Will
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      • Profile picture of the author Alan Petersen
        Originally Posted by mlmmarketingguy View Post

        How do you transfer the kindle account though?
        Turn over the user ID & password to the buyer. Someone posted this isn't allowed by KDP so read their terms and ask them. I've found kDP replies to questions in a timely manner so check with them to know for sure.

        I know you can't have multiple KDP accounts.

        If transfer isn't allowed, then you'll need to have the titles unpublished on your account. The buyer will then need to publish them on their own account. Not sure if you can coordinate that process to minimize downtime.
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        • Profile picture of the author tpw
          Originally Posted by Alan Petersen View Post

          I know you can't have multiple KDP accounts.

          If transfer isn't allowed, then you'll need to have the titles unpublished on your account. The buyer will then need to publish them on their own account. Not sure if you can coordinate that process to minimize downtime.

          The transfer of the Kindle account should not be permitted, I would expect.

          But, one can buy the rights to the books and receive ownership of those rights.

          A quick phone call to Amazon will allow us to know exactly the recommended steps they recommend for this process.

          I am pretty sure that if I were buying, I would call Amazon and have them enunciate the required steps. And I am sure that would include unpublishing on the original account, and publishing to the new owner's account instead.

          But, I would want to clear that move with the Amazon folks before doing it.
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  • Profile picture of the author EllesBelles
    I'm in the UK, but our ToS prohibits account transfer. You wouldn't be able to sell it.

    You'd probably need to find out if its possible, and how its possible, and include clear steps on how you'd transfer the account to reassure buyers that you've thought it all through and its possible.
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  • Profile picture of the author brian15018
    I think you should use online marketing to sell your business. There are a number of examples where good business have not been able to sell well in the market just because of lack of marketing. You should also not be aggressive in marketing your business as this would create an impression that your business is not doing well. This will create negative publicity and hurt the reputation of your business.
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    • Profile picture of the author nubchai
      I would either read the Amazon TOS very carefully or contact Amazon and ask them. Since you provide banking and Social Security Number info it's not going to be as simple as flipping a website. For example you say you have $2000 in payments coming. Those royalties were earned under your SSN and will appear on your 1099 for taxes. So if you turn over an account (assuming it's possible) to another person that check or eft will come to you and not them.
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