Amazon Offer Makes Self-Publishing Even More Attractive

Although the Kindle ebook reader has become quite popular on its own, Amazon is giving it a further boost by offering authors a great self-publishing deal if they will publish digitally. After you finish writing your memoirs, consider this option for publishing your autobiography: bypass traditional book publishers and go directly to digital, and Amazon will give you 70 percent of all sales of your book.

“Today, authors often receive royalties in the range of 7 to 15 percent of the list price that publishers set for their physical books,??? said Russ Grandinetti, Amazon’s vice president of Kindle content, as part of a statement released with last month’s announcement. “We’re excited that the new 70 percent royalty option for the Kindle Digital Text Platform will help us pay authors higher royalties when readers choose their books.???

To qualify for this option, you must price your book at between $2.99 and $9.99, and you must grant Amazon some digital rights in case the company needs to adapt the text to new versions of the Kindle, such as a future text-to-speech option. You would retain the rights to any print versions you might publish. Members often ask us how to publish their memoirs when it’s so difficult today get an agent and then attract a publisher. This offer from Amazon is a very workable alternative.