Amazon’s KDP Select Now Allows Kindle Book Lending: A Great Way for Self-Publishing Authors to Add Revenue

Do you remember going to the library to borrow a book? I do.

Most libraries would allow me to borrow a book for 2 weeks, and I would read the book in my own time and return it when I was done. Based on library fee for the year, my total cost to borrow one book was less than 10 cents. But that was in 1990s.

Now, since late 2011, Amazon has kick-started a new venture for digital readers – kdp select.

What is kdp select?

KDP SelectKindle Direct Publishing project allows self-publishers (and publishers) to distribute books through the Kindle Owner’s Lending Library and reach the growing number of US Amazon Prime members. KDP Select has provided over $6 million throughout $12 million, allowing participating authors to earn royalty through the lending library. The program offers other benefits including:

  • Promote your book for free to readers worldwide – The newly launched Promotions Manager tool will allow you to directly control the promotion of free books.
  • Instant feedback – Check real-time performance of your books in the Kindle Owners’ Lending Library.

Enrolling in kdp select is very simple. If you have already published a book to Kindle, you can enroll existing book by visiting the bookshelf. New books can be enrolled during the publishing process. You can simply select the “Enroll this book in KDP Select” option and proceed to publish the book as you normally would.

The catch? Your book has to be available exclusively on Kindle for a period of 90 days. During the period of exclusivity, you cannot distribute your book digitally anywhere else, including on your website, blogs, etc. However, you can continue to distribute your book in physical format, or in any format other than digital.

Recently, I wrote a post about Neal Bogosian, on how his book The Adventures of Chip Doolin reached #8 in Amazon’s paid Kindle store in the baseball category. He tried a unique and innovative approach to add to his fame, and bottom line.

Its time that you should too.

What are you waiting for? Order your Kindle Edition Today and become a bestseller!

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