How I Made $1,102 Selling Books on Amazon Last Month
For the longer-term picture, I'm hoping to break $2,000 a month selling books on Amazon this year. I'm in the process of co-authoring another book and want to have ten out by the end of the year. I'm still working through the different promotion ideas and would love to hear how you promote your books.
2) Decide who will narrate your book, where you will record it, and who will do the post-production mastering
You'll also need a one to five-minute retail sample that will be posted for people to listen to before they buy. I usually use the book's introduction as it's a good mix of sales copy and information about the book.
If audiobook files are approved for sale on Audible, the book will automatically be priced according to length.
It usually takes four to six days for the book to show up for sale on Amazon and Audible. You'll receive 40% of the sales price for each book unless you split the royalty with a producer. Audible members can buy books with their monthly credit, and the payout tends to be about half of what you usually get.
Selling books on Amazon, especially audiobooks, can be an extensive process, but it is a great way to build passive income. I've done very little promoting or advertising for my books besides a launch and some social media marketing. You don't have to put a book out every month, but the sooner you start, the faster your monthly income will grow. I'd love to hear your tips and tricks on how to sell books on Amazon. I'll post a new article each month and include my experience and tips I've learned along the way.
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In the study, titled, "Detecting Fake Review Buyers Using Network Structure: Direct Evidence from Amazon," Tosyali and Overgoor:
The research, featured in The Wall Street Journal earlier this year, offers a promising means of helping consumers avoid being duped by these fraudulent and misleading reviews. The paper has been published on pnas.org.
"However, because of the large number of five-star reviews, the product looked pretty satisfactory," Tosyali observed. "At that point, I wondered if there was a way to detect fake reviews that mislead customers."
During a follow-up conversation with Overgoor, Tosyali mentioned his experience and the two Saunders College faculty decided to look into the issue more closely. Overgoor later discovered that some UCLA colleagues had initiated a paper analyzing the market of fake reviews using a dataset of Amazon reviews, and the researchers agreed to collaborate.
The dataset used took about nine months to collect, with the help of UCLA undergrads who infiltrated Facebook groups where fake reviews are solicited. After identifying sellers and products for which faux reviews were gathered, all reviews were then combined together. The research took about a year, employing techniques from network science, machine learning, and text and image analysis.
Features derived from the product-reviewer network are especially useful for detecting fake reviews because-in addition to being more predictive than text or metadata features-they are more difficult or costly to manipulate by sellers than text or review timing.
The team is working on additional research on this topic, Overgoor added.
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