Making money online is a lucrative business in every part of the world. And most Nigerians have taken it up to make money online. Amazon publishing is one of the ways to make money online in Nigeria as it is easy to access. This article will be teaching you how to make money with Amazon Publishing In Nigeria.
Amazon Kindle Direct Publish (KDP) is a platform that allows you to create and publish books by yourself. It is a fast means to publish your book.
How To Make Money With Amazon Publishing In Nigeria
Amazon is the Seventh major player in the publishing industry. If you have ever considered publishing a book, the best time is right now.
Steps To Publishing Book On Amazon
There are a few steps to get started on Amazon kindle direct publishing. The steps are as follow:
- Research, identify the topic you want to publish:
Publishing a book on Amazon requires a lot of research, knowing what the publishing industry is, knowing what your audience is all expecting, or knowing the trend of books on sales. There are varieties of books that are moving the markets and you might want to write in that direction or stay focused on your niche. Get inspired by SMB
- Write or outsource the writing of the book:
At this point, you should already know the name or title of the book you want to publish on Amazon. If you don’t know how to write a book there are sites you can easily go to, to pay freelancers to write a book for you giving the name or title of the book you have in mind. Sites like Fiverr, Upwork, etc.
- Design a cover:
The first thing that attracts people to books is the covers. A cover can sell your books for you before people even view the content of the book. Remember it’s not just your book that is out there, there are thousands of books with beautiful covers out there.
If you don’t have any idea about designing a cover you can still get a paid freelancer to do the work for you on Fiverr, Upwork, Simplyhired, etc.
After you are through with the stages above the next in line is;
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Create Amazon Kindle Direct Publishing Account:
Go to Amazon Kindle Direct Publishing to register an account. There are two options at this point, option one for those who already have an account with Amazon KDP. And option two, for those who don’t have an account with Amazon KDP, to create one with them. Things to note are your name, Email, and password.
- Author or Publisher Information:
You are required to input your details at this point. Enter your First Name, Last Name and Email address you want them to send you notifications for tax purposes and royalty payments. The royalty payment is a way you get paid when your book is purchased on Amazon. Note: You will be warned not to input a pen name because your payment and tax form are issued under the same name. A pen name is an assumed name used by a writer instead of his or her real name.
- Getting Paid:
This is the stage where you input your payment details. The payment methods are of three stages, direct deposits, wire transfer and cheque. Click to see which payment methods are available to you based on your location.
Direct Deposit: The direct deposit is also known as electronic fund transfer. It involves transferring money from a bank to another bank without cash changing hand, or checking.
Wire Transfer: The wire also involves transferring money from one bank to another bank around the world.
Cheque: The Cheque method involves being issued a paper cheque through the mail to the address you have entered in the author or publisher information section.
- Tax Information:
Amazon is a US-based firm and is regulated under the US tax authorities. You are required to submit your tax status to Amazon under US law with the online interview on your kindle direct publishing account page.
Your tax status must be validated and received before your book is published on the kindle store. Most countries have a tax identification number, if you are not sure of your country’s tax identification number you can contact local tax authorities in your country.
A tax Identification Number is a unique number for an individual or a company for tax remittance. For Nigeria, the local tax authority is the Joint Tax Board. Don’t know how to get your tax identification number, don’t worry, we have got you covered. Kindly click on the link Joint Tax Board.
How Long Does It Take To Self Publish On Amazon?
It takes close to an hour to upload a file on the platform. And after uploading, the file goes through the process of review and this process takes up to 24 to 48 hours to complete. But for English content, it takes close to 12 hours to be published.
How To Get Paid As Amazon KDP As A Nigerian
The Amazon Kindle direct publishing doesn’t pay directly into the Nigeria bank account as it has some restrictions for some countries. But as a Nigerian you can get paid from Amazon by simply opening a Payoneer account, yes you heard me right. Below is the process to follow to get paid directly from Nigeria;
- Firstly, You must have a Payoneer account in Nigeria before thinking of opening a kindle account.
- After the successful opening of the account, go to your account and view your US payment service profile
- Copy the bank details at the payment service profile
- Then, go to Amazon kindle direct publishing websites and log into your account
- After logging in successfully, select to add or edit bank account
- Select your bank account as the USA
- Enter your account name in the same way it is shown in your Payoneer account part into the box provided by Amazon kindle direct publishing
- Click on the Done button, click the save button to save the edited account.
You are ready to get paid on Amazon Kindle Direct Publishing.
Conclusion
This is completely how you can be among the lucky Amazon earners, if you have not read what is inside this content then I urge you do so now cause there is a lot in it that is going to take you off from financial bondage. Kindly share with friends after going through the process on how to publish on Amazon
