Amazon is a great platform for authors to make money from their books. But how much does Amazon pay per book?
The answer depends on the price of the book. Amazon pays out a 35% royalty rate for books priced at $0.01-2.98 or any book over $9.99. However, if you list your Kindle book within the preferred $2.99 ? $9.99 range, you’ll earn 70% royalties on all book sales.
This means that if you list your book at $2.99, you’ll earn $2.09 per sale. If you list your book at $9.99, you’ll earn $6.99 per sale. It’s important to note that Amazon takes a cut of the sale price, so the actual amount you receive will be slightly less than the 70% royalty rate.
Obviously, it pays to play Amazon’s game and keep your price point within their golden zone. Not only will you make more money per sale, but you’ll also be more likely to attract readers. Amazon’s algorithms favor books that are priced within the $2.99 ? $9.99 range, so you’ll have a better chance of appearing in search results and other promotional spots.
Overall, Amazon is a great platform for authors to make money from their books. With the right pricing strategy, authors can maximize their profits and reach a wider audience.