如何寻找超级成长股？世界首富24封股东信“吐露天机”：现金流比利润更重要(34)

Kindle Direct Publishing has quickly taken on astonishing scale – more than a thousand KDP authors now each sell more than a thousand copies a month， some have already reached hundreds of thousands of sales， andtwo have already joined the Kindle Million Club。 KDP is a big win for authors。 Authors who use KDP get to keep their copyrights， keep their derivative rights， get to publish on their schedule – a typical delay in traditional publishing can be a year or more from the time the book is finished – and …
saving the best for last … KDP authors can get paid royalties of 70%。 The largest traditional publishers pay royalties of only 17.5% on ebooks(they pay 25% of 70% of the selling price which works out to be 17.5% of the selling price)。 The KDP royalty structure is completely transformative for authors。 A typical selling price for a KDP book is a reader-friendly $2.99 – authors get approximately $2 of that！
With the legacy royalty of 17.5%， the selling price would have tobe $11.43 to yield the same $2 per unit royalty。 I assure you that authors sell many， many more copies at $2.99 than they would at $11.43。