AMAZON Kindle Direct Publishing KDP

By the end of this write up, you should know everything about Amazon Kindle direct publishing (KDP).
This article trashes out the A-Z of Amazon kdp, so relax and read through the lines carefully as this article will help you get better experience on how to make money with Amazon kdp.

What is Amazon Kindle direct publishing (KDP)?

As it has been discussed in out previous article about affiliate marketing, that when it comes to becoming an affiliate, Amazon is one of the affiliate programs you can join. Though we can't actually say that Amazon kdp is an affiliate program, why, because affiliating is promoting other people's products and gets commissions for promotions converted to sales. But in Amazon kdp, people who love writing either in paper sheet or ebook are given opportunity by Amazon to publish their books on it's website there by reaching millions of Amazon ebook readers and the money the author of these books earn  depends on the number of reach, read, and purchase the book gets, so it's quite different from affiliate marketing because in this program, you are publishing, promoting and selling your own book and not others.

With kdp, you can publish your own e-book for paperback on Amazon for free, by doing this, your e-book will be available to millions of Amazon shoppers that users Kindle readers. You can as well offer your customers a physical paperback copy of your book with Amazon's free print-on-demand service.

In Amazon kdp, authors can publish their e-book and paperback book without any cost or inventory orders and this author still has the full right to their books, after publishing, it will be listed for sale all for FREE until you make a sale.

In addition, in Amazon kdp, you don't just publish your e-book alone, you can also publish a paperback or both, Amazon will print your e-book and ship it out to your customers for you without purchasing any inventory ahead.

When discussing about the revenue an author gets, Amazon shares certain portion of the author's revenue on each sales the book gets, depending on the royalty option the author ( you) chosed and how large is your e-book file is, this is explain in this article.....

Another interesting part is that, with one account on Amazon kdp, you can publish as many e-book or paperback books, even under different pen names and categories, and if you as an author will like to have some hard copy of your book on hand to sell or gift your friends, you can place a wholesale book other within your kdp account. That sounds interesting right?

These books will be printed by Amazon depending on the number of copies you ordered and then the books will be shipped to you, but a printing cost for each book must be paid.

Will my book rank on the Kindle store just like amazon.com ?

Yes! Infact, as a small and upcoming author, you will have the same opportunity as the better-known and popular popular author to rise in rank and make a lot of sales. You'll also have access to millions of Kindle direct users, provided you own the right to your book in the territories it's sold.

What kind of book is acceptable by Amazon kdp?

Content typically publish using kdp according to the kdp help page include:
Poetry
Textbook
Novels
Book series
Children books
Comics
Journals

Kdp is not limited to the above listed categories alone, theirs also numerous categories of ebooks that can be published on kdp.

KDP Royalties

Kdp royalties is the form of revenue a publisher gets when making sales per e-book, when you publish e-book kdp, in you will be paid in royalties because both you and Amazon receive a percentage of the revenue...

Generally there are two royalty rate by kdp to choose from 35% and 70%, looking at the range, you'll want to go with the 70% isn't it? But to qualify for the 70% royalty rate, you must meet certain criteria.

1. Your e-book must be between $2.99 and $9.99

2. A "delivery fee" is needed to be paid for each purchase, depending on your ebook file size.
Normally, Amazon charges $0.15 per megabyte for each book sold between $2.99 and $9.99, you don't have to be afraid if your e-book file size is large because Amazon compresses e-book files, so you fee may not be as high as you think.

3. When thinking of selling physical copies, the ebook price must be at least 20% below the paperback's list price.

4. To be eligible for the 70% royalty rate on sales to customers in Mexico, India, Japan, and Brazil, your e-book must be enrolled in kdp select.

5. You must own the copyright to the book. If the book is public domain, you can not receive a 70% royalty.

Requirements for the 35% royalty rate option

1. You will only receive a 35% royalty if your e-book is prizes below $2.99 or above $9.99

2. Paying a delivery fee is not necessary when choosithis option.

3. Large books such as text book, cookbooks, or picture books with big file sizes is good for the 35% royalty rate option.

Here is an illustration.....

For 35% royalty rate option

Books less than 3MB
Minimum list price $0.99, maximum list price $200.00
Books with 3MB to 10MB
Minimum list price $1.99, Maximum list price $200.00
Books with over 10MB
Minimum list price $2.99 Maximum list price $200.00

For 70% Royalty rate
Minimum list price $2.99, maximum list price $9.99

Paperback Royalties

In paperback book, the royalty structure is different.
On paperbacks sold on Amazon, kdp offers a fixed 60% royalty rate. The printing price is then subtracted from your royalty by Amazon depending on the page count, ink type, and the Amazon market place your paperback was ordered from.

To figure out how much you will be paid for your paperback book, here is an equation to illustrate:
(Royalty rate X List price) -- printing cost = royalty

Let's say your list price is $15 and your book is 333-page paperback with black ink sold on the US market place:
(0.60 X $15) -- $4.85 = $5.15
The $4.15 is the royalty rate paid for that sale.

Can I Advertise my Book on Amazon kdp?

Yes! There are lots of cool Marketing tools by Amazon to get your books right in front of your potential customers, Amazon advertising is one of them.
You should be familiar with the sponsored product ads, as a type of Amazon pay-per-click advertising PPC.

In this system, you set up an ad campaign in which you target specific keywords relevant to your book. When a customer searches for this keywords on Amazon,  your ad will appear within the searched results

Kdp select is another proven way your e-book can get noticed on Amazon. Though this method is optional, and only eligible for ebooks not paperbacks. Authors and publishers are eligible to enroll thier Kindle books in kdp select regardless of where they live.

Enrolling for kdp makes your Kindle book eligible for the 70% royalty earnings on sales to customers from Brazil, India, Japan, and Mexico,

NOTE: you must enroll for kdp to enjoy this benefit, if not, your royalty will be 35% for these countries.

Publishers also have access to placing both the regular price and the promotional price, aloniwith a count down clock for the discount, that is if the publisher wants to run a promotion for books publishsed

You can read more in the Amazon kdp help page.

How to Sign up for Amazon Kindle Direct Publishing (kdp) account.

Signing up an account with kdp is very simple and easy.

First, go to Kindle direct publishing website, and click sign up.

After you fill in the form provided by Amazon kdp, you can begin uploading your books.

To upload your book "create a new title" and choose Kindle ebook or paperback.

Fill in the I formation about your ebook, informations such as title, edition, author, description, publishing, right, and keywords.

Next, upload your manuscript, e-book preview and an "optional" e-book ISBN

you can now go ahead and place price on your ebook, you will choose if you'll enroll in kdp select, select the territories where you want to list your book, and select your royalty rate and price.

Under "royalty and pricing", you can decide to choose the 35% or the 70% plan. Your royalty will be shown to you by Amazon based on your list price.

Your e-book is ready for publishing.... So simple, your ebook or paperback will be available for sale on Amazon.

You can also read on:

Affiliate Marketing 

CPA Marketing

Amazon KDP

Advantage and Disadvantage of Affiliate Marketing

When looking into the perspective and the concept of affiliate marketing, it is very important to take a deep look at the factors to be considered before joining. Factors like the things it entails, it's requirements, and the benefits as well as the problems and difficulty surrounding affiliate marketing.

It has been discussed in our previous article about affiliate marketing that, it's a win-win scheme for both the advertising company and the affiliate.

The company benefits from low-cost advertising and the creative marketing effort of it's publisher and the affiliate benefits by earning income from the company.

Companies paid the cost per click (traffic) or cost per mile (impression) on advertisements, commisiyis paid on active sales or qualified leads.

Now, because of fraudulent activities caused by internet fraudsters by installing softwares that generate invalid clicks and impressions, most Affiliate programs now have strict terms and conditions.

The terms must be clearly spelled out, especially if the agreement pays per traffic rather than sales. These companies with strict terms and conditions purposely have them so as to prevent their products from fraud.

In summary, the advantages of affiliate marketing is the access to wider marketing, low-cost advertising and better accounting as well as qualified leads while the disadvantages is the less creative control, vulnerable to fraudsters, and subject to theft. 

Types of Affiliate Marketing

There are three main types of affiliate marketing:

Unattached, related, and involved affiliate marketing.

1. Unattached Affiliate Marketing

This is an advertising scheme in which the publisher i.e affiliate has no connection whatsoever to the product or service they are promoting. 

The affiliate skill or expertise are not related to what they are promoting.

This is the most popular affiliate marketing. The affiliate has no authority on or make claims about the use of what they are promoting, because of this, affiliates can't recommend or advise potential consumers on the products they are purchasing.

2. Related Affiliate Marketing

Related affiliate marketing involves the promotion of products or services by an affiliate with some little relationship to what they are Marketing.

The connection is between the affiliate's niche and the product/service. The affiliate has enough skill influence to generate traffic, though the affiliate makes no claims about the use of the product or service.

3. Involved Affiliate Marketing

This involved a deeper connection between the affiliate and the product/service they're promoting. The affiliate might have use the product and are very confident in their positive experience can be shared to others.

They serve as trusted services of information but the bad side is that, the affiliate's reputation may be compromised by any problems arising from the product they promotes.

How to Become an Affiliate Marketer

Becoming an affiliate marketer is quite easy...

First, identify what method and platform you will use to promote products and services. Bloggers earn more in affiliate marketing with blogs being an effective channel for advertising and promoting as it allows bloggers to express an opinion about the affiliate products on their blog.

Secondly, find a specific category that you are comfortable with or interested in, after identifying a platform.

If an affiliate is focused on a segment, he or she has an higher chance of getting a dedicated consumer base. Do research on affiliate programs and identify one or more based on your area of specialization

The third thing to do if you want to become an affiliate is to develop solid and attracting contents around the product you're promoting and work to increase traffic on your domain

Can I start affiliate marketing with no money?

Of course, there are numerous free platforms and affiliate networks for little or no money. Although a lots of effort like large online following through blogging, social media posting and so on needs to be added.

How much do affiliate earn?

It depends, mostly on the types of affiliate marketing program you join. The income for affiliate marketer varies. Some affiliates make a few hundred dollars and some are making six figures depending on what is being promoted. 

The influence an affiliate has, the affiliate's reach and how much time is sacrificed in marketing other people's products. Generally, those spending more time marketing the company's products will earn more money

Affiliate Marketing

An advertising scheme in which a company compensates third-party publishers to drive traffic or generate sales for their products and services.

These publishers are people or persons referred to as affiliates.

These affiliates promotes companies products and get commission for the product promoted, provided there is a lead to the promoted products. The commission paid by the advertising company steer ups affiliates to find a way and promote the company's sales.

When talking about affiliate marketing, a company compensates partners for business created from the affiliates.

Payment to affiliates differs, depending on the type of affiliate marketing scheme they do. 

Some marketing scheme pays affiliate per sales while some pay per click and some per impressions.

There are three types of of affiliate marketing scheme. 

1. Unattached affiliate marketing

2. Related affiliate marketing

3. Involved affiliate marketing

Affiliate marketing started like beginning with the dust, but digital marketing, analytics and cookies have made affiliate marketing a billion-dollar industry.

A company running an affiliate marketing program can track the links that generate leads and internal analytics see how many converts to sales.

An affiliate could be a owner of numerous websites and email marketing lists. The wider it's network depends on the more websites or email lists the affiliate has.

An affiliate promotes products by running ads like the text ads, posting links on it's website, banner ads or sending emails to clientele.

Visitors who click the ads or link are redirected to the company's e-commerce site, if the visitor purchase the product or service, then the company that is advertising credits the affiliate. Commissions could be 2%, 5%, to 10%, of the sales price.

Having said that, you could say affiliate marketing is a win-win program for advertisers (company) and publishers (affiliate)

You can also read on: 

Types of affiliate marketing networks

How to become an affiliate marketer 

How to buy cadano

The common way to get Cardano is to buy it through a cryptocurrency exchange. Every exchange is a little different but there are 

numerous ones that offer Cardano. On some exchanges, you’ll be able to purchase directly with fiat (USD, EUR, CAD) etc, but it’s very common to swap something like Bitcoin for Cardano.

Our favorite cryptocurrency exchange for buying Cardano is listed near the top of the page but here are some other exchanges that offer Cardano:

Coinbase

Binance

Kraken

Coinmama

KuCoin

Huobi

Bitpanda

How Cadano works

Cardano works by trying to solve three of the major problems cryptocurrencies battle with as they vie for mainstream acceptance: scalability, interoperability, and sustainability.

In order to subdue scalability issues, Cardano utilizes a proof of stake mechanism, which is far more cost effective than a proof of work system. Cardano’s proof of stake mechanism, called Ouroboros, is both modular and flexible in design, and has been peer-reviewed and proven reliable and secure. Ouroboros’ modularity allows for features like delegation, sidechains, subscribe checkpoints, better data structures for light clients, different forms of random number generation and even different synchronization assumptions. This flexibility ensures that as the number of users rises from thousands, to millions, and beyond, the requirements of the consensus algorithm can be regulated as needed.

The next obstacle  Cardano hopes to overcome is interoperability. Charles Hoskins does not believe that one token will rule them all, and as a result Cardano is designed to function with other blockchains, such as Bitcoin’s, but also with external systems already in place like the local financial system. Cardano hopes to create an “internet of blockchains” where there are seamless transactions between various ecosystems with no middlemen like the exchanges you currently have to use to swap your tokens. They will do this by using sidechains. Sidechains essentially run within the main chain (Cardano) and keep a 1:1 peg of a different asset like Bitcoin as it enters/exits the Cardano blockchain.

Furthermore, Cardano hopes to tackle interoperability problems with the existing systems our society uses like financial institutions. The are looking to create a way in which the private data needed by those institutions about the transactions taking place, from whom, to who, how much, etc., is only attached when required to help ensure privacy, while also allowing for compliance in order to help prevent money laundering or other dishonest behavior using cryptocurrency.

Finally, Cardano tries to ensure its longevity in the world by providing a sustainable system for future development and growth. They do this by implementing a treasury, which collects a part of all block reward, and is used to fund grants for future project development, voted upon by stakeholders. As the network develops, it proportionally gains more resources and creates more voters, making it more decentralized over time.

Cadano's overview and history: how it works

Cardano’s development team consists of a worldwide collective of professional engineers and researchers

 There are three major organizations overseeing the project: Input Output Hong Kong (IOHK) is in charge of engineering, Emurgo is in charge of business, and the Cardano Foundation which monitors community leadership.

Cardano has its own cryptocurrency called ADA, which can be used to send and receive digital cash. This digital cash shows the future of money, making quick, direct transfers that are trusted to be secure through the use of cryptography. Cardano’s blockchain uses the proof of stake (POS) consensus method. The platform is being developed in stages, which gives the system the flexibility to be more easily nurtured and allows for upgrades by way of forks. After the settlement layer of ADA is complete, a separate computing layer will be built to handle smart contracts like digital legal documentation and agreement that will underpin future commerce and business. Cardano will also run decentralized applications, services not monitored and controlled by any single party but that instead operate autonomously on a blockchain.

History of Cardano

Cardano was invented by Charles Hoskinson. Hoskinson was one of the co-founders of Ethereum.

Hoskinson felt that while Bitcoin and Ethereum were fine projects, they were just the first two Genesis, Bitcoin being the first to enable the transference of currency without a middleman, and Ethereum building upon that and introducing smart contracts to help govern not only the transference of currency, but services, property or anything else of value.

 

Cardano is then a third-generation project, building upon both of those generations accomplishments but road mapping a solution to the issues of scalability, interoperability, and sustainability. 

advantage & disadvantage of Binance

Advantages of BNB

The biggest advantage of BNB used to mainly be only for those for anyone who were trading on Binance. This is because when you hold BNB on Binance you get up to 25% discount on trading fees. The more BNB you hold the higher the discount becomes though you also need a certain amount of trading volume combined with your BNB balance in order to get higher discounts on trading fees.

The introduction of the Binance Smart Chain (BSC) has given BNB far more advantages than it had upon its inception. Much like Ethereum is necessary to perform transactions on the Ethereum network because it is used to pay for transaction fees, Binance Coin is necessary to perform transactions on the BSC. Whether you are claiming rewards from your Decentralized Finance platform of choice, making a swap of one digital asset for another, or interacting with a smart contract in any other way on the BSC you will need BNB to pay the transaction fee. The bonus is that the fees on the Binance Smart Chain are much cheaper and faster than on Ethereum at this time, which is likely why transaction numbers are now higher on the BSC than on Ethereum.

Another advantage of BNB is it is a deflationary asset. Each quarter Binance takes a portion of the fees received by the exchange over each quarter year period and then burns it, meaning it is taken out of circulation and can never be used again. This is a deflationary action that means over time the amount of BNB in circulation will only ever go down, as it is not mined and started with a max supply of 200 million BNB.

Disadvantages of BNB

The main disadvantage of the coin is the centralized aspect of its control and governance. The direction of the blockchain, and the ecosystem has heavy guidance from Binance.

This is only a disadvantage for someone who prefers maximum amounts of decentralization. Binance has gotten into problems with various governments since its rise in 2017. This has made several users, and investors nervous about their investment in Binance. If there was to be government intervention, where the Binance Exchange were shut down, then Binance Coin would surely suffer.