Making money self-publishing books isn’t a get-rich scheme but you’ll be surprised how much money you can make on Amazon.
The average self-published author makes around $1,000 per year according to The Guardian.
That’s including many authors that have multiple books and a huge list of fans.
Can you actually make money self publishing?
Royalties from Book Sales
Book sales is the most obvious way to make money from self publishing. You will either earn royalties (from self publishing platforms such as Amazon’s Kindle Direct Publishing/KDP) or revenues (if you print, distribute and sell your book yourself).
Is self publishing on Amazon profitable?
(And, by the way, 99 percent of books put out on shelves by traditional publishers do not turn a profit — which means the author doesn’t earn anything.) But one service, in particular, has become the go-to resource for authors because of the profit potential and ease of use: Amazon self-publishing.
How do self publishing companies make money?
→ Traditional publishers make money by selling your book to consumers. → Self-publishing companies make money when YOU write them a check.
How much do bestselling authors make per book?
Average Novelist Salary
With a 10 percent royalty, an author who writes a book that costs $10 and sells 20,000 copies makes $20,000. In reality, most books sell fewer than 5,000 copies.