Hi! So today I felt giving you an idea for you to start building your passive income, as you already know it is vital for your relaxed retirement plans…
You probably don’t even need an introduction for Amazon, it is here for years and the billions of clients all over the world spending millions each day tells the hole story.
What I wanted to bring you here is a passive income opportunity besides selling products and electronics on the overcrowded Amazon store. What I wanted to show you is the golden opportunity to create a great source of passive income by selling ebooks to Kindle customers.
Kindle is, in the case you never heard of it, an electronic device designed and manufactured by Amazon to read electronic books. It is a simpler version of an iPad for instance, and can read several text files.
We are talking about a multi billion dollar business here. People buy millions and millions of ebooks every day as they are cheap than the paper version, they are convenient and they arrive instantly to they’re devices.
So, the only thing you need to do is to write something, and this is not a big a deal as you might be thinking. You probably have something to start already. If you have a blog with a lot of posts, why not start cooking those posts into an ebook? You can even get a great source of passive income doing this, even if you don’t like to write. How? hire a ghost writer. This is a solution that is not as expensive as you may think and that can save you the hassle and time of putting something to sell online. You pay the ghost writer the fee for the service and the book is yours to sale until you die.
You put your ebook to sale for free and you can set the price you want for your book, Amazon only get a cut of every sale you make. It is a bargain if you think about it, since it wont cost you nothing, or very little, to put your content to sale and you can profit from this for years to come. Amazon Kindle is a market in expansion and with billions of buyers.
The secret is to position yourself on the highest score on the book store. The only thing you need to do is to create a quality content, packed on a top seller book cover, yes, people judge the book by its cover. After that the reviews will start talking and you will improve your rank on that store, bringing you more visibility and specially more sales and profit every month.
So what are you waiting for? start writing those memoirs, start compiling those posts, get your friends to help you put together something that you are proud to sell. Maybe, just maybe, you can one day discuss the first ranking position with J.K. Rolling or Stephen King… maybe you can discover your true call. Who knows?