Is it Possible to Earn 7-Figure Income by Publishing Books on Amazon’s Kindle Direct Publishing?
The answer to this question is both YES and NO. If you plan well, you can earn huge money by publishing books. Amazon provides you an amazing opportunity to earn 7-figure income
There are hundreds of authors who earn huge income by writing and publishing books. However, if you are new in the field of creative writing and want to earn huge money, you must plan out well.
Best Sellers on Amazon
Here is the list of five books which sell in huge number. This sale comes from Amazon alone and in a few years.
Book Title: The Psychology of Money
Author: Morgan Housel
Copies Sold: 68,679 since September 2020 from Amazon
Total Money: Millions
Book Title: The Power of Your Subconscious Mind
Author: Joseph Murphy
Copies Sold: 49,970 since February 2015 from Amazon
Total Money: Millions
Book Title: 1984
Author: George Orwell
Copies Sold: 129,352 since November 2020
Total Money: Millions
Book Title: Best of Children’s Classics
Author: Antoine de Saint-Exupéry
Copies Sold: 7,458 since August 2019
Total Money: Millions
Book Title: My First Library: Boxset of 10 Board Books for Kids
Author: Wonder House Books
Copies Sold: 81,217 since January 2018
Total Money: Millions
If you think you’re a new name as an author, you can still earn 7-fiugre income if you plan out a strategy and follow it religiously.
Plan to Earn by Publishing Books
Yes, it is very much possible. However, you must plan well if you want to earn good income. You must underline the trending niche in books, bestselling genres, and work on selling strategies. That too continuously.
(1) Select a topic or niche. I recommend Children’s’ Books that sell in huge number these days.
(2) Equip yourself with good software and tools so you can create high quality books.
(3) Publish the books regularly on various platforms including Amazon, Smashwords, and others.
(3) Promote your books in various ways.
Growth Potential of Children’s Books
The children’s book market has shown remarkable growth in recent years, becoming one of the most lucrative segments in the publishing industry. According to market research, the global children’s book market was valued at approximately $12 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.5% through 2026.
For 2024, projections indicated a market valuation of $12.6 billion, with steady growth expected in the subsequent years. By 2025 and 2026, the market size is estimated to reach $13.2 billion and $13.8 billion, respectively. This growth trajectory highlights the expanding interest in books tailored for children across various age groups, including infants, toddlers, and teenagers.
With parents and educators placing a greater emphasis on the cognitive and emotional development of children, the demand for books with educational, moral, and entertaining content continues to surge.
Popular Formats in Children’s Books
- Cartoon Books
- Drawing Books
- Comic Books
- Picture Books
- Educational Books
- Fantasy and Adventure
- Mystery and Detective Stories
- Science Fiction
Preferred Book Formats Among the Children
- E-books
- Paperback and Hardcover Books
- Box Sets and Series
- Interactive Books
- Audiobooks
Leverage ‘AI Children’s Book Maker’ to Create and Launch Books Faster
Hey authors! It’s high time you must leverage the growing demand for children’s books?
Use ‘AI Children’s Book Maker 2500’ to create the best books. AI Children’s Book Maker is the software that makes it easy to create children’s books with unprecedented easy and result. So you don’t waste time on formatting and design rather you focus on topics and manuscripts.
Hundreds of authors from across the world have created the best books and have become the best sellers on various platforms including Amazon and Kindle Direct Publishing (KDP).
