There are many advantages to publishing on the Kindle platform, but is it better for some authors to sell directly on their own websites? In this episode, Steve discusses the advantages and disadvantages of selling on Amazon versus selling directly.
T Alan is a traditionally published author who is interested in turning his paperback books into ebooks. He has no Web presence or online following and wants to know if he should sell books on Amazon or sell them directly, as recommended by Pat Flynn.
[Tweet “Authors need to leverage existing platforms (Amazon) while building their own. “]
Kindle does have some major advantages. It is a mass-market platform, so authors have access to a bigger audience there than they would if they sold via their own blogs or other platforms. People trust Amazon, so they are more likely to buy books and other items there than on unknown websites. The Kindle platform also gives authors the opportunity to run free promotions and Countdown Deals. All of these things make it easier to build an email list for marketing.
Jim Kukral, the author of Go Direct: The Content Creator’s Guide to Eliminating the Middleman and Avoiding the Gatekeepers, says authors should build their own platforms instead of relying on third-party sites. Steve feels this is the best long-term strategy, but says authors need to leverage existing platforms first. Direct selling allows authors to sell on multiple platforms, so there’s no need to be exclusive with Amazon.
Kindle also has some limitations. It doesn’t give readers a very robust experience because books are mostly text with some photos. Selling directly makes it possible to build exclusive groups related to your content, offer bonus content to buyers, and create an affiliate program. It also makes it easier to set higher prices. It’s very difficult to sell something for more than $9.99 on Amazon. Authors also receive a lower royalty rate for Kindle books priced above $9.99.
Steve recommends releasing your books exclusively on Amazon for 90 days. Use that time to build your own platform. If Amazon changes its rules, you’ll already have a platform in place to continue building your audience. Steve also believes email marketing is the lifeblood of any book-based business. After you build your own platform, start testing other products and marketing strategies. Steve started Develop Good Habits two years ago, but he is just now pulling some of his books from Amazon and trying other strategies.
Smart Passive Income: Pat Flynn shows entrepreneurs how to create passive streams of income
Go Direct: Jim Kukral advocates eliminating the middleman and selling books directly to customers
Mini Habits: Stephen Guise recommends making small, positive changes to improve your life
Sticky Habits: Barrie Davenport teaches readers how to build habits that stick
Fiction Unboxed: Learn how to write an entire book from scratch in 30 days Develop Good Habits: Steve’s habit-development blog.