
: Re: How to make money by giving books away for free? I recently did my first free book giveaway for a few books on amazon and was getting hundreds of downloads a day, my first reaction being
There is a third option, but it does depend on where you are or willing to publish/release your eBook.
Leanpub, Gumroad, and I believe a few others have a "pay what you want" capability. That is, you set a minimum price (as low as [CO]), and you (sometimes optionally) set a "suggested" price. Then, you unleash your book to the world, and people pay what they are able/willing to pay.
It sounds ludicrous to think that people would pay for something when they can get it for free, but it's surprisingly successful, with ebook averages upwards of -15, and roughly half pay some amount of money even for a free book. The really crazy part? It doesn't just apply to eBooks.
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: Royalties on self-published ebooks on Amazon Do you get your royalties as a one-off payment, or you are paid per sale of each publication on an ongoing basis?