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In any technological developments, there are precursors, and so many thought that literature was no longer subject to change, others quickly surfed the development of electronic books to make a name.



 A name, but also money, a lot of money. At only 26 years, is currently a writer become a millionaire and continues to fuel his fortune by selling his works only on the platform Kindle.Amanda Hocking has no contract yet with any publishing house, she published her own books Kindle directly, and comes to sell more than 100,000 electronic books a month, while retaining 70% and profits.

At $ 3 per download, and with this impressive volume for a writer with little or no mention made of it before, the only financial strain materializes in the form of 30% of profits taken by Amazon for the publication and Use of the distribution platform.

At this rate, Amanda Hocking net profit of about $ 2 million per year, and the phenomenon is likely to increase as its production in the fall so systematically Best Sellers of the platform and earn each day a little more visibility.

Are you jealous? feel free to take up the pen, electronic or otherwise, and release your productions on the Amazon platform.


by [Business Insider]  

Tags: amazon, eReader, Kindle, books
  

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