Published on January 10th, 2012 | by Tom Wake1
Why there’s great money to be made from the Amazon Kindle
It’s no longer just gadget lovers and kids who are buying them. People from all walks of life are adopting this new technology and it’s a trend that will continue to grow.
These stats should give you an idea of how big demand is already, after just 4 years.
1. Kindle books have already started outselling paper books on Amazon in the USA (that’s paperbacks and hardbacks combined and doesn’t even take into account the ‘free’ books that are readily available on Kindle).
2. Citi analyst Mark Mahaney estimates that Kindle book revenues will amount to a whopping $3.7 billion in 2012. Imagine if you could start tapping into that hungry market.
3. The Kindle reader itself is currently selling at a rate of 1 million devices per week. That’s a million extra potential Kindle book customers… every single week!
Now don’t get me wrong, I don’t think real, physical, paper books will die out (there’s something magical about holding a real book in your hand and being able to pass them on to others) but digital books are very much here to stay and Amazon is leading the way.
This is great news for us.
Why? Because you no longer need a fancy publisher to get your book into the world’s largest and most accessible bookshop… and you no longer need to be able to write like Dan Brown or JK Rowling to make a great income from it.
Amazon’s simple publishing software allows ordinary, ‘non technical’ people to create hot selling titles to sell on Amazon in just hours – and make a hands-free income from them in days.
You don’t even need to own a Kindle.
That’s why now is THE time to start thinking about how you can profit from this.