ebook Millionaire Club - John Locke, Amanda Hocking

Are you an author/publisher considering publishing your ebook on Kindle and have heard that some are seeing great success with pricing their ebooks from .99 to $2.99, but still aren't sure if this makes sense for you or not?

There's an argument that selling your ebooks at substantially low prices such as .99 - $2.99 will educate the reading public to expect books to always sell for this price and in doing so, authors are unable to make a living.

You may decide to believe this or you may crunch the numbers to verify that there's a viable pricing strategy that may be advantegous for you as an independent author and publisher.

Amanda Hocking is reported to be the first independent author to earn over $1,000,000 through Amazon's Kindle. Her pricing model in a series of books the first book sells for .99 and subsequent books sell for $2.99.

John Locke is credited with having been the first independent author/publisher to sell over 1,000,000 ebooks via Amazon's Kindle. His pricing model .99 for which he receives a .35 royalty and he did it in 5 months. For John that's roughly $350,000 in 5 months. Even if he paid an editor and graphic artist to assist with his books he still has made more money in 5 months than many people will make over the next 3 to 5 years combined.

It's safe to say that both Amanda and John are earning a great living. As it is when one person does something others then have the dynamic notion that they may do it too. One may continue to find more success in doing what proven leaders are doing than not.

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How to Sell 1 Million ebooks on Amazon's Kindle

According to Amazon, John Locke became the First Independently Published Author to Join the Kindle Million Club. Additionally, as of June 19th, John Locke has sold 1,010,370 Kindle books using Kindle Direct Publishing (KDP). The Kindle Million Club recognizes authors whose books have sold over 1 million paid copies in the Kindle Store. What's even more compelling is John Locke achieve the goal in 5 months.

John used a competitive pricing strategy wherein he sold his ebooks for .99. At that price many readers were willing to take a chance on a virtually unknown author. It also made it wherein traditional book publishers simply couldn't compete with his pricing. With John's nine novels a reader could purchase all his ebooks vs. only one from a traditionally well established author.

According to Amazon “Kindle Direct Publishing has provided an opportunity for independent authors to compete on a level playing field with the giants of the book selling industry,” said John Locke. “Not only did KDP give me a chance, they helped at every turn. Quite simply, KDP is the greatest friend an author can have.”

Also “It’s so exciting that self-publishing has allowed John Locke to achieve a milestone like this,” said Russ Grandinetti, Vice President of Kindle Content.  “We’re excited to see Kindle Direct Publishing succeeding for both authors and customers and are proud to welcome him to the Kindle Million Club.”

Now that it has been done you know that you may do it, but how... In order to sell successfully sell your ebooks on Amazon's Kindle you need a system. You'll want to look into the Kindle Cash Flow System for complete details.

Kindle Publishing Millionaire

According to Business Insider "...out of the top 25 best-selling indie
Kindle writers, only 6 were previously affiliated with a publishing
house." Additionally, "This 26-Year-Old [Amanda Hocking] Is Making Millions
Cutting Out Traditional Publishers With Amazon Kindle."

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