As an author, there’s no denying the allure of Amazon’s massive platform for reaching readers and earning income from your work. Amazon has revolutionized the publishing industry with its Kindle Direct Publishing (KDP) platform, providing authors with a direct channel to publish and distribute their books. While many authors are familiar with the standard royalty rates offered by Amazon, there’s a lesser-known program that can potentially maximize your earnings—the elusive Amazon’s Secret Royalty Program. Amazon’s Secret Royalty Program, KDP Select Global Fund, is an exclusive program available to authors who enrols their eBooks in KDP Select. By enrolling in KDP Select, authors agree to make their eBooks exclusive to Amazon for a specified period. In return, they become eligible for various benefits, including participation in the Secret Royalty Program.
How does the secret royalty program work?
The Secret Royalty Program operates based on a pool of funds that Amazon allocates each month. This pool is distributed among KDP Select authors based on the number of pages read by Kindle Unlimited (KU) and Kindle Owners’ Lending Library (KOLL) subscribers. Instead of receiving a fixed royalty rate per sale, authors receive a share of the fund proportional to the number of pages read from their enrolled books.
Strategies to maximize your earnings
- Enrol in kdp select – To access the stocksreviewed amazon royalty program, the first step is to enrols your eBook in KDP Select. Keep in mind that by doing so, you must eBook exclusive to Amazon during the enrolment period, which is typically 90 days. Evaluate the potential benefits against the impact of exclusivity on your distribution strategy.
- Optimize your e book’s Presentation-A well-designed book cover, captivating description, and compelling content are essential for attracting readers. Invest time and effort into creating an eye-catching cover and optimizing your book’s metadata to improve discoverability within Amazon’s vast marketplace.
- Engage with kindle unlimited readers-Kindle Unlimited subscribers play a significant role in the Secret Royalty Program. Engage with this audience by participating in author forums, leveraging social media, and running promotional campaigns to increase visibility and encourage readers to borrow and read your book.
- Focus on page-Turning Content- Since royalties are tied to the number of pages read, it’s crucial to hook readers from the start and maintain their interest throughout the book. Craft a compelling narrative, create memorable characters, and employ storytelling techniques that keep readers engaged, encouraging them to read more pages.
- Leverage kindle countdown deals and free promotions-KDP Select offers additional marketing tools such as Kindle Countdown Deals and Free Promotions. Strategically utilizing these features can help boost book rankings, generate buzz, and attract new readers, increasing the chances of higher page reads and greater royalties.
- Monitor and optimize performance– Regularly analyze your eBook’s performance the KDP dashboard. Keep track of the number of pages read, reader reviews, and sales data. Use this information to identify trends, adjust your marketing strategy, and content to align with readers’ preferences.
