How Much Can You Make Selling Children's Books on Amazon?
If you're interested in becoming a children's book author, you may be wondering how much it costs to publish on Amazon. In this article, you'll learn about the costs of publishing your book, the Compensation package for authors, and how to market your book. After reading this article, you'll be well on your way to making a healthy income. The question you might have now is: how much money can you make selling children's books on Amazon?
Costs of publishing a children's book on amazon
There are some costs associated with publishing a children's book on Amazon. The cost of production and distribution is about 10% of the book's total cost, with about 15% left over for the author. Traditional publishing is a far more expensive option, with the author only making about 2% of the sales. While it's true that you can publish a children's book for free on Amazon, the publishing process is far more complicated and the costs can be prohibitive.
If you're an indie publisher, the costs associated with publishing a children's book on Amazon will vary. However, most authors will collect the majority of their revenue from Kindle purchases. Because most people have their own virtual library, they can sell their books for anywhere from $2.99 to $9.99. Amazon also takes a 30% commission from retail sales, leaving the author with around 70% of their sales.
Another important factor to consider is the cost of designing and illustrating your book. These expenses can easily add up to thousands of dollars. In addition, you'll have to consider additional costs when determining the final cost of publishing your children's book. If you're a newbie, you may have to start off with a smaller budget until you gain more experience and expertise. However, it will be well worth your time in the long run if you can find a good publisher that offers competitive prices.
Compensation package for authors
The cost of publishing a children's book depends on the type of distributor you choose. Amazon is by far the largest, so they're often the first choice of indie authors. They offer a 60 percent royalty for standard distribution and a 40 percent royalty for expanded distribution. Amazon calculates the royalty by taking the list price of the book minus printing costs. If you choose to sell your book on Amazon, you can expect to earn a royalty of between $40 to $100.
Another way to increase your royalties is to consider selling your books through the Kindle Unlimited program. This program works like Netflix for books. Subscribers get unlimited access to a wide variety of titles on Amazon, and when they buy your book, you earn money based on the pages read. In addition, you'll enjoy other benefits that Amazon has created for authors selling on Amazon, like free book promotions and discounts.
Marketing your book
There are several ways to promote your children's book on Amazon. Local bookstores love to support local authors and books, so be sure to approach children in your neighborhood or even your own children. Parents are the people who will buy your book and can give you valuable feedback on its marketability. You can also join online communities dedicated to children's books and ask them for feedback. Getting positive reviews from readers will enhance your pitch.
In addition to this, you can use tools like Publisher Rocket to research target keywords. With the right keyword phrases, you can get your book in front of the right audience. Amazon's children's book categories are particularly important. By making use of these categories, you can increase the visibility of your book and increase your sales. If you're new to children's book marketing, you should take advantage of the Amazon KDP Select program.
Once you've uploaded your book, make sure to add a detailed description. The Amazon Book Description has a limit of 4000 characters. Using a tool like the Kindlepreneur Book Description Generator will help you write a compelling description. Moreover, it will help you curate keywords. Remember that Amazon shoppers use keywords to find products, so you should be specific in your descriptions. You can create a detailed description by including keywords in your book's title.