Thankfully, Amazon makes this incredibly easy with its KDP Print service and ACX, the Audiobook Creation Exchange. Outside of that range, it’s 35%.įor every Kindle book you write, it probably makes sense to add paperback and audiobook editions.
When you price your book between $2.99 and $9.99, you’ll earn a 70% royalty. Over my lifetime as a professional self-published author, my books have earned over $70,000. Write the book once and collect royalties for months or even years whenever it sells! It’s one of my favorite side hustles and one of my most passive income streams. I received my first author royalties in 2012 and have added several more titles since then. It’s never been easier to create a book of your own and put it up for sale on Amazon. Still, over its lifespan, it’s generated over $40,000 in commissions. Here’s an (over-the-top) example of a post monetized with affiliate links.
Passive income 2021 software#
This site (and yes, this post too) includes lots of affiliate links to products, apps, services, and software I think will be helpful to my audience. Here’s a look at my daily affiliate commission trend back in the day:Įven today, affiliate marketing is a really important revenue stream for me. Once the site was built, I earned these commissions whether or not I was actively sitting at the computer.
It helped people find the best price on their next pair of shoes, and earned commissions from Zappos and other retailers when people made a purchase. My first affiliate business was a comparison shopping site for footwear. Here's a killer playlist packed with actionable advice from the pros. Make money online by sharing relevant products and services with your audience. How affiliate marketing works is I earn a commission for referring leads and customers to other products and services. I got my start in affiliate marketing back in 2004, and it’s been a significant piece of my revenue pie ever since.
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