The Many Ways a Book Can Make You Money
You only have to write your book one time. But it can make you money for many years to come. I wrote my first book, called Dream Class, almost 12 years ago, and I still sell hundreds of copies every month.
Back then, in 2009, I kept pallets of books stacked in my garage. Every couple of weeks, I'd pack them into Priority mail boxes and envelops and ship them around the country. Nowadays, because of print-on-demand (POD), I don't have to do any of that.
It's all automatic. Once a month, a check gets deposited into my bank account - and that's the end of it. It couldn't be easier. Furthermore, it used to be that I could only make money from physical copies of my books. Now, income from one book can come from several different sources.
Every month I get 10-12 checks.
The biggest one is usually from Amazon KDP for paperback POD copies. Close behind, however, is a check for the e-version of each book. Soon, I suspect, Kindle - which is Amazon's e-reader - will overtake POD. Every month it seems to draw closer, even surpassing on occasion.
I also receive checks from Amazon Japan, Australia, Canada, India, and eight other other countries. It's one of the coolest things about POD. You don't have to ship your books anywhere. The technology to print fast, reliable, and quality books is all over the world.
Through Amazon partnerships, my books are also available at Barnes & Noble, Books-A-Million, and independent bookstores on every continent.
Furthermore, I've had four of my books made into audio books. These are available through Audible.com and are listed on each book's Amazon sales page. It isn't cheap to do this. You have to hire a professional producer and narrator. However, in each case it took less than a month to recover the costs.
Now, the audio books are producing a greater and greater share of my monthly income.
There is one more way I make money from books. However, this one is indirect. Just like Scott and I are affiliates and earn a small income from the blogging tools we recommend, I'm also an Amazon affiliate.
The way this works is that if a reader on my Smart Classroom Management blog clicks on a book listed in the sidebar and purchases through Amazon, I receive an additional commission. But here's the super cool thing: If that reader buys anything after coming from my blog, I get a commission.
So if they buy several books, maybe some clothes or gifts for others, perhaps some vitamins, and in some cases even bigger ticket items like grills and coffee makers, I benefit. The percentage is small, but it adds up to several thousand dollars a year.
So, as you can see, it's not just one book and one way to make money. Not anymore anyway. In this day and age, there are many sources that your book income can come from.
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