Amazon Offers Huge Royalties To Kindle Authors

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July 2, 2010 by Rich Whittle | 0 Comments

Thinking about self-publishing a book? Stop thinking and just do it!

Amazon has a new business model that may give you half a chance at actually making some money off the deal.

Inc.com is reporting that Amazon is now offering 70% of net sales in royalties to authors. No publishers or agents needed to wet their beaks first, by the way.

There are some conditions.

1. The book has to be priced between $2.99 and $9.99.

2. The price has to be at least 20% cheaper than any other format’s edition (i.e. paperback, softback, audio, hardback).

3. The Kindle version has to be made available “in all geographies” that other versions of the book are sold.