Project Life Mastery https://projectlifemastery.com Mon, 25 Mar 2024 16:20:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://projectlifemastery.com/wp-content/uploads/project-life-mastery-favicon.ico Project Life Mastery https://projectlifemastery.com 32 32 Amazon KDP: Strategies For Making Money Publishing Books https://projectlifemastery.com/amazon-kdp/ https://projectlifemastery.com/amazon-kdp/#respond Tue, 19 Oct 2021 15:00:14 +0000 https://projectlifemastery.com/?p=13498 Are you thinking of self-publishing a book on Amazon KDP? These are my top strategies for making money by publishing books on Amazon. Click here for more!

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Are you thinking of self-publishing a book on Amazon KDP?

KDP is Amazon’s self-publishing platform, which controls around 80% of the eBook market in the U.S. alone.

Book publishing is a beginner-friendly and inexpensive business model. In less than 24 hours you can set up an account, upload your book and have it selling on Amazon's platform.

I believe that publishing books on Amazon are one of the best opportunities to get started making money online.

If you want to know a few different strategies for making money publishing books, read this!

Watch the video below:

(Click here to watch on YouTube)

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Do you want to know how you can create $10k per month in passive income with book publishing? CLICK HERE to get access to my FREE video training!

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Amazon book publishing was how I got my first taste of success.

Before I discovered book publishing, I was a dating coach. When I was 21 years old, I started my first company called Lifestyle Transformations. I coached thousands of men on how to build confidence so that they could attract a partner into their lives.

Even though I loved my work, it was challenging to market my business and find clients. On top of that, I was trading my time for money. Therefore, there weren't a lot of opportunities to scale my business.

When I discovered the world of Internet marketing and learned about passive income, the game changed. Instead of helping just one person, I realized that I could take my knowledge, package it into an information product and sell it on the Internet.

With this route, I quickly learned that there was no limit to how many people I could reach. One of the first products I ever created was a dating eBook called Creating Success With Women. Inside the book, I shared my story and different strategies that I was teaching through my 1:1 coaching. I spent a year writing that book. 

At the time, I didn't know about Amazon book publishing. I put my book together as a PDF and published it on my website. At first, I tried to sell my book to my clients.  I made a couple hundred bucks from it, but it wasn't life-changing money. However, it proved that publishing books online could be a viable passive income stream. 

I came across Amazon book publishing while trying to figure out how I could make money online through blogging and affiliate marketing. I would write high-quality articles that promoted affiliate products.

To be honest, I never thought that I could make a lot of money from Amazon.

I thought that I could make more money selling my books on my website. Amazon is a search engine. People type in keywords and look for products and books. The only difference between Amazon and Google is that people go to Google to look for free information, while people go to Amazon to buy products. 

I decided to take all of my blog content, compile that knowledge into a series of eBooks, and publish them on Amazon. I soon realized that it was easier to rank a book on Amazon than it was on Google. Surprisingly, I started making money right away.

To make the publishing process easier and scale my business faster, I hired ghostwriters via Upwork.com to write my books. Also, I found designers on Fiverr.com to create book covers for me. During this process, my goal was to experiment and gain a lot of experience in a variety of niches.

I published over 100 books. That was my introduction to Amazon book publishing.  Over the years, the popularity of Amazon has exploded. More people buy and use Amazon than ever. As such, the potential to make money on Amazon is much greater.

However, Amazon has become more competitive in the sense that there are more book publishers. The good news is that Amazon's platform has grown over the years. Today, they have a lot more tools and analytics to help you succeed.

I want to share with you a few strategies for making money by publishing books on Amazon. Let's dive in!

Strategy #1 – Build A Book Publishing Business 

With this strategy, you're creating and publishing books in a certain niche or a variety of different niches. The goal is to make passive income from your books. If you love writing, you can write books yourself.

However, when you're writing a book yourself, it will slow down how many books you can publish because everything is dependent on you. Conversely, you can just focus on publishing and marketing your books. By hiring a ghostwriter you own 100% of the rights to your books.

You have the right to publish your books with whatever name you want. Also, you collect 100% of the profits from your sales. The goal of scaling in a business is that you want to work ON your business instead of IN it. In my opinion, this is how to work smart.

Kindle books are a growing market. A lot of people prefer reading eBooks instead of paperback books. That being said, the biggest market is paperback and hardcover books. There's also a growing market for audiobooks, especially with the emergence of podcasting.

Keep in mind that you get paid differently on each platform. You can make the most money with paperback books. Realistically, you can charge anywhere between $20-$30. Conversely, with Kindle books, you can only charge between $2.99 and $9.99.

You want to consider publishing all three – Kindle, paperback, and audiobook.

A lot of books on Amazon might make you a couple hundred or a couple thousand bucks per month. However, it's hard to make a full-time income from publishing books. Nonetheless, it can be life-changing for some people to make some extra passive income. 

Strategy #2 – Use Your Book To Generate Leads On The Backend

If you don't care as much about the money that you make from a book on the front end, you can use your book as a way to generate leads. If you have a call to action inside of your book, you can funnel people into the product or service that you want to promote on the backend.

A book can be looked at as a form of in-depth content that builds a relationship with people. If your content adds massive value, a percentage of people who buy your book may become customers.

For example, I published a book called 67 Morning Ritual Habits on Amazon. In my business, one of my niches is morning rituals. Back in 2012, I published a video on YouTube that went viral.

I decided to publish a book and made a list of everything that I do for my mind, body, and spirit as part of my morning ritual. I worked with a ghostwriter who wrote about these 67-morning ritual habits.

At the end of my book, I have a call to action that takes people to my website where they can buy my Morning Ritual Mastery course if they want to. Also, inside my book, I share links to affiliate resources and products that I use as part of my morning ritual.

My goal is to get as many people as possible to buy and read my book to acquire customers. A book is a great way to build your credibility and your brand. If you need help starting, growing, and mastering your online business, I encourage you to check out my Online Business Mastery Accelerator program. 

Tips To Make Money on Amazon KDP

1. Identify Your Niche

If you want to tap into Amazon's search engine, you must do research to make sure that there is a high enough demand for the book that you want to publish. Also, you want to look at the other books that show up and see their Amazon Best Seller Ranking. This will help you determine how much money they are making.

If you publish a book that nobody is searching for on Amazon, you won't make money from it. There are keyword research tools like KDSPY that can help you determine how profitable a niche is. 

Keep in mind that you should market your book outside of Amazon. You've got to build your marketing channel to funnel people into your book. If you do that, Amazon can simply be a platform where you sell your book, and then drive traffic to your book elsewhere.

The way that you stand out from the competition and ramp up your reviews will be through the implementation of marketing strategies. If you want to learn my in-depth marketing tactics and techniques that will help you sell more books, check out my course, Mastering Book Marketing.

2. Design An Eye-Catching Title & Cover

You can have a great book in a great niche, but if your title and cover don't grab people's attention, they won't click on your listing. Your Amazon listing is like an advertisement.

A big mistake that people make is that they don't test their title and cover. I like to create three different covers to see which one converts best. I do the same thing with the book title and the price. You need to constantly test, track and optimize. 

3. Write A High-Quality Short Book

When I first started publishing books on Amazon I thought that a book had to be 300 pages long. This is what stops a lot of people from starting. What people don't realize is that you can write a book that's 30-50 pages long and it can still be high in value.

This is a smart strategy in the short term because it allows you to see whether or not your book is selling. If it does, you can go back, make it longer and charge more money. A lot of books that have impacted my life were shorter in length. The best way to perfect a book is to publish something short, get feedback and refine your book over time. 

4. Master Marketing 

If you master marketing, you can sell anything online. The most important skill is getting people's attention, whether that's through running advertisements or creating content. My main skill has been creating content. When I have people's attention I always make sure that I over-deliver.

When you consistently add value to people they will naturally want to buy from you. There are many ways to market your book. You want to utilize what Amazon gives you, which is Amazon search and Amazon ads.

However, what will help you rank in Amazon search is marketing outside of Amazon. Amazon wants you to promote Amazon and help them make more money and get more customers. If you have a money-making book, Amazon will rank your book high in the search results because that book is making them money. In effect, if you scratch their back, they'll scratch your back.

This is how to make money publishing books with Amazon KDP in 2022.

This is a great business model. Look at it for what it is. Don't expect to make millions of dollars from it. Rather, think of it as a passive income stream that can generate leads for your business while building your credibility. It's a win-win.

Do you want to know how you can create $10k per month in passive income with book publishing? CLICK HERE to get access to my FREE video training!

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Mastering Book Publishing: How To Make Money With Amazon Book Publishing https://projectlifemastery.com/mastering-book-publishing/ https://projectlifemastery.com/mastering-book-publishing/#respond Tue, 21 Apr 2020 20:29:20 +0000 https://projectlifemastery.com/?p=12230 My Mastering Book Publishing course is now available! Do you want to know how to make money with Amazon book publishing in 2022? Click here for more!

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I'm excited to announce that my Mastering Book Publishing course is now available!

This course is replacing my old book publishing course, K Money Mastery which has helped thousands of people build successful book publishing businesses.

For the last two years, I have been working on my Mastering Book Publishing course to ensure that you get the highest quality self-publishing course on the market.

Ready to discover how to make money on Amazon with my proven, step-by-step book publishing course? If so, keep reading!

Watch the video below:

(Click here to watch on YouTube)

Do you want my proven step-by-step system for publishing books on Amazon? CLICK HERE to purchase my new and improved Mastering Book Publishing course!

It is possible to make money online in 2022.

You may be thinking… “But Stefan, based on the current state of the economy, this can't be a good time to start an online business.” Hear me out. Yes, we are living in difficult times right now. Our worlds have been turned upside down by the Coronavirus pandemic.

Businesses are closing down and millions of people around the world are unemployed. Nothing is as it used to be. On top of that, there's a good chance that a global economic recession is imminent. According to the National Bureau of Economic Research, there have been 17 recessions in the past 100 years. They’ve found that an economic recession could last as long as 3.5 years.

The question is…. how will you take action to protect your financial future? I am a firm believer that anyone can transform a crisis into an opportunity for success. While the majority of businesses are taking a huge hit, there is one market that continues to grow at an ever-rapid rate, which is Amazon book publishing. Why? Amazon is the world's largest online retailer.

This means that, as a book publisher, you immediately get access to hundreds of millions of potential customers. Revenues from e-book sales jumped from $2.31 billion in 2011 to $8.69 billion in 2019. Traditional bookstores are finding it difficult to compete with Amazon. Eventually, eBooks will replace print altogether.

Amazon has made it possible for anyone to publish a book on their platform.

You don't have to be a professional writer, nor do you need any previous experience selling online. When I first started my Amazon book publishing journey nine years ago, I thought this sounded too good to be true. However, I was wrong. In less than one year, I was able to build a six-figure Amazon book publishing business. How would it feel to make thousands of dollars per month in passive income?

Here are two of my student's success stories.

*Results may vary and testimonials are not claimed to represent typical results.

My students didn't experience this kind of success because of luck. Rather, they followed the step-by-step method that I teach in my book publishing course. The results speak for themselves. The harder you work and the more time that you invest, the more successful you can be.

I've seen countless people quit their 9 to 5 jobs and generate a six-figure passive income selling on Amazon.

I want to show you how you can do the same. However, before I continue, you must know that this business model isn't for everyone. If you are someone who is looking for a get-rich-quick system for making money on autopilot, stop reading. I have yet to meet anyone who has been able to create massive success from simply sitting back and doing nothing. That's not how success works. If you are the type of person who is willing to invest time and energy into learning a blueprint for success, this is an opportunity that can help you create your dream lifestyle.

My Online Business Journey

My first taste of success online was with Amazon book publishing. It became the foundation upon which I built every other aspect of my business. How did I do it? Well, it started with blogging. At the time, everyone was talking about how important it was to have a blog, in terms of building an audience and bringing people to your website.

I decided to give it a shot and invested a lot of time and energy into perfecting my blogs. However, I still wasn’t making money. I decided to take all of my blog content related to self-development and create an eBook out of it that sold for $10. Surprisingly, I got 3 sales in one week.

All of a sudden I made $30 in passive income. The week thereafter the number doubled. Before I knew it, I had made $100 from one eBook. That was a game-changing moment in my online business journey. I went on to create more books. Eventually, I was able to make enough money to cover my living expenses. Unfortunately, I encountered a lot of roadblocks along the way until I found Amazon book publishing.

The Power of Amazon

Amazon is the largest online retailer in the world. Did you know that 206 million people visit Amazon every month? When people visit Amazon's platform they have one goal – to spend money. Amazon makes it easy to do so because they already have people's credit cards stored on their website. Amazon's hassle-free, one-click buy option makes it easy to buy books. It's fair to say that people trust Amazon.

Amazon makes it incredibly simple to get your books online. All you need is book content and a book cover. You can upload your book to Amazon, hit publish and have it available for sale within 24 hours. Within my first week of publishing my eBooks on Amazon, I made $147, the week after I made $273, then $512. In a few months, I was making $4,000 on Amazon.

Trust me when I say that there is no better feeling than earning your first passive income dollars. Soon thereafter, I started traveling the world and living the laptop lifestyle. It felt like I was living a dream, but I had created it and it was real.

How would your life be different if you could finally quit your job, pay off your debt and be your own boss?

There is no reason why you can't experience the same success that I have. I wasn't born rich, nor did I get lucky. I'm just an ordinary person like you who was able to create extraordinary results. Through my proven methods and strategies inside my first book publishing course, K Money Mastery, I have helped thousands of people around the world make money online.

Watch the videos below to hear how K Money Mastery has changed people's lives:

What is Mastering Book Publishing?

My new course is a compilation of my 9 years of book publishing knowledge and experience. It is made up of f5 modules that consist of easy-to-follow, step-by-step video tutorials on how to create and publish Kindle and Paperback books on Amazon. I have created a blueprint that will help you build a successful Amazon book publishing business, even if you’re a complete beginner without a lot of money to invest.

Module 1

You will learn how to master the strategy of publishing profitable books on Amazon. You will also get access to the 12 mindset shifts that will set you up for success.
  • The 6 critical steps to build a successful online business with book publishing
  • How to adopt a winning mindset that separates the top 1% of successful people from the rest
  • The proven step-by-step blueprint for publishing books on Amazon from scratch
  • Access to the publishing mastery manifesto that will help you become an unstoppable force in the book publishing industry
  • My goal setting workshop that will help you build momentum quickly

Module 2

You will get clear on what books you should be publishing on Amazon, even if you still have no idea what you're interested in.

  • How Amazon publishing works
  • The strategy for finding highly profitable niches and keywords to target on Amazon
  • My hacks for doing keyword research in minutes
  • Criteria for choosing a profitable book niche

Module 3

You will discover how to create an award-winning book, even if you're not a professional writer. I'll show you exactly how to create a book title and cover that entices people to buy your book. If you implement these methods properly you will create a high-quality book that has the potential to make you sustainable passive income.

  • Method for designing, creating and naming your book so that it attracts sales
  • Step-by-step process for finding ghostwriters that will help write your book
  • Simple process for formatting your book with Kindle Create
  • How to avoid violating trademarks so that you protect your business from legal problems

Module 4

I will go over the steps involved for getting your book published and in the hands of eager readers. My launch strategy will ensure that your book gets ultimate exposure so that you can up your ranks and repeat the process for multiple streams of income.

  • Setting up your KDP account and publishing your first Kindle and Paperback book
  • Step-by-step guide for turning your Kindle book into a Paperback book
  • How to set up an Amazon Central Seller account and Author Page
  • The right way to launch your book for long-term success
  • How to develop the marketing strategy for your book launch

Module 5

I will give you proven techniques that will help you effectively market, promote and optimize your book.

  • How to set up a free book promotion
  • 7 ways to profit more from your books so that you can grow your online business
  • How to scale your profits with Amazon ad campaigns
  • The process for getting Amazon reviews so that you can increase your rankings on Amazon

Mastering Book Publishing Benefits 

Whenever are you thinking about investing in a course it's important that you understand what the benefits are of doing so. Like I said above, I believe that Amazon is one of the best opportunities that exist to make money online. The payoffs of building an Amazon book publishing business are far-reaching.

1. Recession-proof business

With the onset of the global Coronavirus pandemic, Amazon has never been more in demand. People around the world have been forced to self-isolate. This has given rise to an increase in online shopping. Research shows that Amazon orders are up between 10-12% in the U.S, driven by shoppers buying more items online, boosting the company's revenues an additional $800 million per month.

People have a lot of time on their hands which means that they are buying and reading books more than ever before. The beauty of selling books on Amazon is that it's a recession-proof business. No matter what is happening with the economy, people will always buy books online because they are low-ticket products.

2. Simple and inexpensive business model

In comparison to other business models, Amazon book publishing is a simple, newbie-friendly and inexpensive model to get started with. You can make a great side hustle publishing books on Amazon without having to invest a lot of money.

3. Opportunity to build a brand

A lot of people fail to realize that a book is merely a front end offer. The real opportunity to make money from your books comes from building your back end. Inside my course, I show you how you can use your books to build a brand that consists of multiple passive income streams, whether that's affiliate marketing, physical products or online courses.

The more you have, the more success you can achieve. This is what I did with my brand, Project Life Mastery. I started publishing self-development books on Amazon and used my books as a way of funneling people back into my business.

How Much Does Mastering Book Publishing Cost?

Based on the amount of value that I provide inside of my course I could sell it for almost $1000. However, I have priced it for $297. I know that times are tough right now and I don't want you to worry about whether or not you can afford to invest in your future. I want you to succeed faster and take control of your financial future. This is why, if you feel called to enroll in Mastering Book Publishing, I'm offering the course for $97 for a limited time only. This offer expires on April 28th @ 11:59 pm, PST.

Exclusive Bonuses

If you sign up for my course, you will also get access to some amazing bonuses, which include:

  • My “Done-For-You Templates Library” to speed up your success ($197 value)
  • Training on “How To Build A Publishing Company” ($197 value)
  • Exclusive course on “Book Publishing Automation & Scaling” ($297 value)
  • After graduation you will be certified as a Book Publishing Master (priceless)

I'm excited for you to get your hands on this course. I’m confident that if you follow my step-by-step method on how to make money with Amazon book publishing, you will be successful. Not only that, but you will make your money back in a reasonable amount of time.

To remove any risk, I offer a 30-day money-back guarantee. If for any reason you don't end up being satisfied with the course, just send an email to support@projectlifemastery.com and tell us that you want a refund. Within 30 days you will receive your money back.

An Amazon book publishing business can transform your life.

Imagine how it would feel to work from home, be your own boss, and have the freedom to spend your time however you chose. Are you ready to make money online by leveraging the power of Amazon? Now is the time to take control of your financial future.

Do you want my proven step-by-step system for publishing books on Amazon? CLICK HERE to purchase my new and improved Mastering Book Publishing course!

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Amazon FBA vs. Amazon Book Publishing: Which Is Better? (COMPARISON) https://projectlifemastery.com/amazon-fba-vs-amazon-book-publishing/ https://projectlifemastery.com/amazon-fba-vs-amazon-book-publishing/#respond Mon, 20 Apr 2020 15:00:09 +0000 https://projectlifemastery.com/?p=12227 There has never been a better time to build an online business. Amazon FBA vs. Amazon book publishing. Which is better and why? Click here to find out!

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Amazon FBA or Amazon book publishing… which one is better?

Both business models are great. However, I want to compare them in detail so that you can decide which one is best for you to pursue.

If you want to work from home and build an online business, Amazon is one of the best opportunities to make money online.

Amazon is the world's largest online retailer, making it the marketplace of choice.

Ready to discover how you can take advantage of Amazon's platform? Keep reading!

Watch the video below:

(Click here to watch on YouTube)

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Want to know which online business is best for you? CLICK HERE to get instant access to my FREE online business quiz!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

Amazon sales are surging right now.

If you thought that you missed the boat to start making money on Amazon, don't worry. You didn't. Amazon's stock has remained resilient throughout the COVID-19 crisis since its core e-commerce and cloud businesses are separate from the pandemic.

More and more people are now shopping online, while a lot of retail stores are dying off. There has never been a better time to start selling on Amazon, as it presents a great opportunity to make money online. It's just a matter of deciding which model you want to pursue.

Amazon FBA stands for fulfillment by Amazon. It involves the process of private labeling a product and selling it on Amazon. Conversely, Amazon book publishing is the process of creating a Kindle, paperback, or audiobook and selling it on Amazon.

I started with Amazon book publishing nine years ago and transitioned to Amazon FBA five years ago. I've experienced a lot of success with both business models and I've coached thousands of people on how to make money on Amazon.

In this blog, I'm going to compare each of the business models in detail and explore their level of potential, competition, difficulty, as well as their start-up cost, the time frame that it will take to launch the business, and the level of risk involved. Let's dive in!

Potential 

When you're publishing books on Amazon the one challenge that you will face is that you're selling low-ticket products. A Kindle book sells for $10 or less. You may sell a paperback book for $20, but it would have to be a best-seller book or have a lot of reviews. If you wanted to create a 7-figure business, you would need tens of thousands of customers to buy your books.

If you want to make some money on the side, Amazon book publishing is the best option. What a lot of people don't realize is that a book is just a means to an end. It's the backend that leads to more potential to make money. The goal is to funnel people from reading your books to subscribing to your email list.

This is what allows you to build long-term relationships with people, at which point you can start selling courses, doing affiliate marketing, or selling physical products.

Conversely, Amazon FBA has a lot more potential. There are more niches and types of products that you can sell. Not only can you charge more money for products, but there are a lot more buyers at your disposal. I can list hundreds of people who are making 6-7 figures with Amazon FBA.

Also, if you want to build an asset that can be sold one day, Amazon FBA is the way to go. If you're interested in getting started selling on Amazon, I recommend that you check out my FREE Amazon FBA Training where I teach you, step-by-step, how to leverage the power of Amazon to generate financial wealth.

Winner: Amazon FBA

Competition

It doesn't matter which product or book you sell, both models are very competitive. Competition is actually a good thing. Part of what helps you identify what product you should sell on Amazon involves researching your competition and doing product research.

By looking at what products or books are selling well on Amazon, it helps lower your risk. If others are making money with a product or book, it's showing you that there is a high demand for it. I don't enter into any market if it doesn't have competition.

With Amazon book publishing, you have to market your book outside of Amazon if you want to get more sales. This is what will give you a competitive advantage. Book publishing has a lower barrier of entry, meaning that there's not a lot of money involved to get started. This means that there will always be more competition.

Conversely, because there is a higher barrier of entry with Amazon FBA, the competition is less. The mere fact that the physical product side of Amazon is so much bigger means that you can stand out and still do really well, despite the competition.

Winner: Amazon FBA

Difficulty 

One of the reasons why I love Amazon book publishing so much is that it's newbie-friendly. If you are a complete beginner to the online world, this is a great business model to get started with. The process of publishing a book on Amazon is very simple.

You can set up a free account via Kindle Direct Publishing, upload a book file and cover, and have your book live on Amazon in less than 24 hours. However, the difficulty with this model comes with scaling your business. This is why I suggest that you invest in a great course that will give you a proven system for how to master the book publishing and marketing process.

I have recently created a new and improved Kindle book publishing course called Mastering Book Publishing, as well as a book marketing course called Mastering Book Marketing.

Amazon FBA is a more complex process than Amazon book publishing. When it comes to private labeling a product, you have to do research and find product opportunities that are high in demand on Amazon. Before you pursue a product, you have to determine what your costs and expenses will be in terms of manufacturing your product and what your profit margins will be.

All of the numbers need to make sense.

This means that you have to first reach out to suppliers and communicate back and forth with them. You will need samples so that you can determine the weight, size and shipping cost of your product. Lastly, the logistics of getting your product manufactured, getting your packaging done, and shipping your product from your supplier to an Amazon warehouse needs to be taken into account.

As you can tell, there are bigger decisions that need to be made when it comes to selling on Amazon FBA. In my experience, this is why it's so helpful to invest in an Amazon course, like Amazing Selling Machine. It will help you navigate all of the moving parts with an Amazon FBA business.

If you join the new Amazing Selling Machine, I'll personally give you $9,482 worth of bonuses, for FREE, at no additional cost.  If money is an issue, another great Amazon FBA course that I recommend which is slightly cheaper is called Marketplace Superheroes.

Tie: Amazon FBA & Amazon Book Publishing

Start-up Cost

The great thing about Amazon book publishing is that it doesn't cost a lot to get started. You can write your own book which won't cost you any money. However, it will cost you your time. Alternatively, you can hire a ghostwriter to write a book for you.

The cost depends on the level of quality that you want. What a lot of people don't realize is that a book doesn't have to be 300 pages. I recommend writing a book that is only 40-50 pages. Amazon has a category on its platform called, Kindle Short Reads, where people publish 20-30 page books and sell them at a lower price point.

The only other cost that you need to worry about is a book cover. You can get this created fairly inexpensively by a designer on Fiverr.com. I like to hire three different designers and choose the cover I like best.

With Amazon FBA, there is a greater start-up cost because you have to invest in inventory. It will cost you roughly $2,000. That will get you about 500-1,000 units. That cost doesn't include a course.

You will get a better price if you order a larger quantity. Every supplier will have a minimum order quantity. You want to make sure that you invest in enough stock so that you don't run out of it. You also don't want to have too much inventory so that if your product isn't selling well, you don't end up losing money.

As you can see, there are more costs involved with Amazon FBA when it comes to inventory, creating product packaging, shipping your product, and marketing.

Winner: Amazon Book Publishing

Time Frame 

The great thing about Amazon book publishing is the speed at which everything can be done. Once you write your book, you can set up a Kindle Direct Publishing (KDP) account, upload your book file, and publish it so that it's available for sale within 24-48 hours.

One the main reasons why it takes some people such a long time to write a book is that they are perfectionists. I believe that the way you perfect something is by putting it out there, getting feedback and then going back and making it better.

The great thing about Amazon book publishing is that you can edit a book that you've already published. Depending on the length and quality of your book, it can take roughly 1-3 months to start making money with your books.

Conversely, selling a physical product on Amazon FBA takes longer. You may spend one-week doing research. If you use a tool like Jungle Scout the research process will be quicker. You will need to reach out to suppliers and get them to send you samples so that you can decide which one is best.

If your supplier is from China or somewhere overseas, it will take 1-2 weeks to receive a sample. After that, you will have to create the packaging for your product and then make an order with your supplier who will end up manufacturing your product.

The time you will have to wait for that depends on the nature of your product. Shipping your product to Amazon fulfillment centers by boat is slower, but cheaper. By plane, it will be faster, but more expensive. Once you set up your Amazon Seller Central account and get your Amazon listing published, you're ready to start selling! The entire process usually takes 3-6 months.

Winner: Amazon Book Publishing

Risk

The level of risk involved with Amazon book publishing is relatively low if you don't invest a lot of money and time into the writing of your book. I suggest that you start with writing a short book, see if it sells, and then go back and make the book longer.

With Amazon FBA there is more risk. If launch your product and it doesn't sell, you could potentially lose a lot of money. This will mean that you may have to sell off your product inventory, at cost, to get back your investment. This is why I think it's great to invest in a course because it mitigates your risk. You will know what to avoid and how to do things the right way.

Winner: Amazon Book Publishing

Amazon FBA & Amazon book publishing are great business models.

I know a lot of people who start publishing books on Amazon and then transition into selling physical products on Amazon FBA. The model you end up choosing will depend on how much money you have, which model interests you more, what your level of risk tolerance is, and whether or not you can invest in a course.

That being said, if you have the money and want to build a bigger, more sustainable business that you can eventually sell, I think the winning business model is Amazon FBA. At the end of the day, both models have potential but you have to decide which one excites you most. That is the model you will get the most results with.

Which business model will you choose?

Want to know which online business is best for you? CLICK HERE to get instant access to my FREE online business quiz!

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HUGE ANNOUNCEMENT: My New Course, Mastering Book Publishing Is Available! https://projectlifemastery.com/huge-announcement/ https://projectlifemastery.com/huge-announcement/#respond Thu, 16 Apr 2020 17:31:03 +0000 https://projectlifemastery.com/?p=12225 I've got a huge announcement! My new course, Mastering Book Publishing is available! Want a sneak peek of what you will find inside? Click here for more!

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Are you ready to create a successful book publishing business on Amazon?

I'm excited to share that my newest course, Mastering Book Publishing, is available now!

It teaches you, step-by-step, how to make money by publishing books on Amazon. I've been working on this course for two years. 

Anyone can self-publish a book and sell it on Amazon. You don't need to be an author, nor do you need any previous experience selling online.

Ready for a sneak peek of what you will find inside my new course? Keep reading!

Watch the video below:

(Click here to watch on YouTube)

Do you want to start making money on Amazon in 2022? CLICK HERE to get notified when my Mastering Book Publishing course is available! 

Book publishing has become a booming industry.

I got started publishing books on Amazon over nine years ago. During that time, I was exploring different opportunities to make money online. One thing that really attracted me to publishing books on Amazon was the platform itself. Amazon is the biggest online retailer in the world. 

Each month more than 197 million people around the world get on their devices and visit Amazon.com. Needless to say, the opportunity to sell on Amazon is better than ever because Amazon is bigger than ever. Imagine being able to tap into the hundreds of millions of customers that Amazon has!

If you don't have any previous experience selling online, book publishing is a great starting point. The ease and simplicity of this business model are incomparable to other models. Not only that, but it's relatively inexpensive to publish books on Amazon.

If you're looking to build a solid side hustle, this is the business model to take advantage of. If you want to be strategic, you can go one step further and use your books to build a successful brand. That's what I did with my brand, Project Life Mastery. 

Book publishing is a recession-proof business model. No matter how bad the economy gets people will always want to buy and read books, simply because they are low-ticket products.

The Coronavirus has forced people around the world to self-quarantine. People are reading more books and consuming more knowledge than ever before because they have more free time on their hands. 

As of late, Amazon sales have skyrocketed. The global Coronavirus pandemic has forced 250,000 US stores to close, clearing the way for Amazon’s dominance. This is why I believe that book publishing is one of the biggest opportunities that currently exist for people to make money online.

Keep in mind that book publishing is not a get-rich-quick business model.

It requires time, hard work, and creativity. More importantly, it requires that you learn core marketing skills. It's not enough to just write a book and publish it on Amazon. If you want your book to be seen online, you have to market it effectively. This is what my new course, Mastering Book Publishing will help you accomplish.

Mastering Book Publishing is replacing my old course, K Money Mastery which has helped tens of thousands of people from all over the world make money online. When it comes to creating new course content, I've committed to raising my standards. A lot of energy, effort, and attention went into making sure that my new course is the best that it could be.

Inside my course, you will learn how to become a master publisher and marketer. I will teach you how you can work with professional writers to write books for you so that you can focus on the marketing aspect of your business… and guess what? Right now, more writers than ever before are looking for work. The timing is perfect.

This is my huge announcement!

There is so much more I want to share about my Mastering Book Publishing course. However, I don't want to spoil any of the big surprises I have in store for you. If you want to get notified when the course becomes available, click on the link below.

You will get immediate access to a special one-time offer and some special bonuses that I have put together for you.

Are you ready to make money on Amazon in 2022? Don't miss this golden opportunity.

Do you want to start making money on Amazon in 2022? CLICK HERE to get notified when my Mastering Book Publishing course is available! 

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