Friday, May 30, 2014

AMAZON TO PAY BLOGGERS FOR KINDLE SUBSCRIPTIONS



Amazon.com’s Kindle e-book reader has already inspired hope for new digital business models for book and newspaper publishers. Now the Kindle wants to do business with bloggers too..

On Wednesday, Amazon unveiled a better program that pays bloggers for Kindle subscriptions to their posts.

The Kindle comes with an experimental Web browser that allows users to surf ordinary Web sites. But for the sake of convenience, Amazon also sells Kindle subscriptions to a select list of blogs that are automatically updated and made available on the device’s home screen. Those subscriptions can cost as much as $2 per month.

Under the new program, Amazon will pay registered bloggers 30% of its subscription fee – pretty low, considering that Apple gives iPhone developers a 70% cut on sales of software applications for the device. So that’s about 60 cents per reader, per month, for the most expensive blogs.

There are no upfront costs: Bloggers just have to register with Amazon, and give the company information on where to send the subscription revenue.

Amazon won’t let authors set the price of their blogs (or give them away for free.) “Amazon will define the price based on what we deem is a fair value for customers,” the company says on its Web site.

Still, by our math, at a $2 per month price point, a blogger could make $50,000 per year with just 7,000 annual subscribers. Not too shabby.
bezos

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