There has been hype in the Kindle publishing business since the pandemic Convid 19. If you are one of the aspiring entrepreneurs who’d like to jump on the bandwagon, you might be wondering if self-publishing on Amazon is lucrative.
One of the most popular courses is Karla Marie’s Fiction Profits Academy. She claims that this course can provide you with a blueprint that has been proven to work and is easy to duplicate.
Karla Marie said she has earned a fortune from her Kindle publishing business. But is she a scam? Is it possible that she is just a con artist who is making most of her money from selling courses?
To start with, let me make it clear that I’m not affiliated with Karla Marie or paid to write an article for her.
To give a review that is comprehensive, I actually talked to some of her students in private.
Below is what I’ll be covering in the review of Karla Marie’s Fiction Profits Academy.
What is Fiction Profits Academy?
While publishing used to be an elitist club, Kindle Direct Publishing (KDP) allows authors to enter the literary world on their own terms. Some of the most notable benefits of Amazon’s self-publishing are the site’s simplicity, accessibility, flexibility, pricing, royalties, and payment options.
Fiction Profits Academy is a course that claims to teach you the inner workings of Kindle Direct Publishing. Karla Marie, who’s said to have a lot of experience in this field, developed and created this course.
However, Karla Marie did not provide a course outline on the official website. There are some testimonials. But none of them has ever mentioned a word about the business model in detail. All we know is that it is a self-publishing business on Amazon. Karla asks you to attend her workshop to get more details.
In my research, I found more details about Karla’s approach. For one thing, she said you do not have to take on the whole self-publishing project yourself. She will teach you how to hire freelancers. The process will be as simple as putting the books together, uploading them to Amazon, and promoting them with paid ads.
Is this a fake or a real deal? What do you think about it? To find out the truth, read on in my Fiction Profits Academy review.
Who Is Karla Marie?
Karla Marie is the creator of Fiction Profits Academy. She claims to have made over 6-figure by self-publishing ebooks on Amazon.
You might not be able to find a lot of information about her. So there is no way to verify if she is really making so much money by publishing and selling ebooks.
I reckon Karla Marie makes more money on selling her online course instead of publishing ebooks.
And one thing is sure, she is good at online marketing. Like other online marketers, she uses free webinars to capture prospects and send follow-up emails to convert them into customers.
Karla Marie has a YouTube channel called Fiction Profits Academy. At the time of writing, it has around 3.24K subscribers. But it seems that she has abandoned the channel as there are no new uploads for half a year.
Should you join Karla Marie’s Fiction Profits Academy to learn how to make money online? Let’s take a look at her course in the next section.
Fiction Profits Academy Overview
Fiction Profits Academy is a course that teaches you how to create, market, and sell your ebook on Amazon. This is not a new business model. Many people do it, but it’s not my favorite online business model because the earning potential is very limited. It is very difficult to make a 6 figure income as Karla Marie claims.
Anyway, let me briefly tell you about the course content. The course has 10 modules.
Here is what you get:
- Module 1: Million Dollar Mindset
- Module 2: The Basics
- Module 3: Build Your Books
- Module 4: The Perfect Cover
- Module 5: Blurbs And Formatting
- Module 6: All Things KDP
- Module 7: The Perfect Launch Strategy
- Module 8: Facebook Ads Mastery Course
- Module 9: Creating Raving Fans
- Module 10: Scaling Your Business
In addition to the core training, you will also have access to a private Facebook group where you can ask questions there.
Last but not least, Karla Marie offers weekly group coaching sessions.
How Does Kindle Publishing Work?
Amazon’s self-publishing platform, Kindle Direct Publishing (KDP), allows authors to sell their books to Amazon’s vast audience without going through a traditional publisher.
KDP allows authors to create e-books and paperbacks without upfront costs. KDP also gives authors full ownership of their books, unlike traditional publishers.
KDP lets you publish both Kindle ebooks and paperbacks! If you choose a paperback, Amazon prints it and ships it to your customer.
When you list your ebooks for sale on Amazon, KDP is free, but Amazon shares the revenue with you. Based on the royalty option you choose and the size of your ebook file, you will receive a share of the profits.
There is no limit to the number of ebooks or paperbacks you can publish under one account, even under different pseudonyms.
According to the KDP help page, KDP typically publishes the following types of content:
- Book Series
- Children’s Books
For KDP, there are two royalty rates to choose from: 35% and 70%.
However, to qualify for the 70% royalty rate, your ebook will need to be priced between $2.99 and $9.99 and you need to pay a distribution fee, or “delivery fee,” for each purchase.
Since you can only expect to make a few dollars per book as a new author, you should not expect to make a lot of money. Don’t forget that you also have to pay expensive advertising costs to promote your books.
In fact, self-published authors on Kindle earn only about $150 per month at the low end.
Fiction Profits Academy Pricing and Refund Policy
Fiction Profits Academy is very expensive. It costs $1,997. I think it is overpriced because you don’t have to spend so much to learn how to make money online or create ebooks.
The training of Karla Marie is not special at all. There are many better and cheaper alternatives.
The course offers a payment plan. You can pay over 4 months at $649. But then you will have to pay $2596 in total, which is much more.
As for the refund policy, it is quite complicated. Refunds are granted within 24 hours of purchase, no questions asked.
After that, there is a 30-day money-back guarantee. But you have to meet a number of conditions to get your money back.
Fiction Profits Academy Pros And Cons
- You can learn the basics of how to sell ebooks on Amazon
- Karla Marie seems to know the stuff although I cannot verify if she really makes 6-figure from Kindle publishing
- Selling ebooks is not the easiest business model. It takes a lot of effort to make a few bucks
- The course is very much overpriced. Very likely, you cannot make the money back
- The course content is not special. Some information can be found online for free
- There are no verified success stories of students
10 Reasons Why I Don’t Recommend Fiction Profits Academy
1. Lack of Built-in Marketing Strategy
Self-publishing has many advantages, but most Kindle Direct Publishing authors lament the lack of an integrated marketing strategy.
If you work with a traditional publisher, they will likely assist you in developing a marketing and press strategy prior to publication.
Even if you succeed in publishing your book in print or digital form, you need to convince readers to buy it.
2. Amazon Marketplace Algorithms and Paid-Only Reviews
As social media has reshaped the literary landscape, many marketing strategies now rely on free giveaways and Amazon reviews. Unfortunately, Amazon only allows paid customers to leave reviews.
This means that even if your readers received the book for free, they will not be able to leave an honest review on the site for your book.
Reviews are important because they are used by Amazon’s algorithm to determine which books will be most visible to readers.
3. Exclusivity Clauses
The exclusivity clause is another disadvantage to consider when choosing a self-publisher. If you sign up for KDP Select, one of Amazon’s publishing options, be sure to read each section carefully.
When authors sign up for KDP Select, they agree that their books will only be available in digital form through KDP.
If a digital version of your book is already available elsewhere, KDP will remove it from its marketplace until you remove all other digital versions. Fortunately, this exclusivity clause seems to apply only to eBooks and not paperbacks.
4. Lack of a Helpful Community
If you join the Fiction Profits Academy course, there is only a private Facebook group. Most of the time, the group is not helpful and your questions will be ignored and remain unresolved. You may feel helpless especially if you are just a beginner.
5. Fiction Profits Academy is Too Expensive
The course is very expensive and not everyone can afford it. After all, Fiction Profits Academy’s course is merely a course. It’s not an all-in-one platform that gives you everything you need to publish an eBook from scratch.
I don’t recommend investing so much money into a course when you have not made a penny. It’s risky to invest thousands of dollars when you are not sure whether it works or not.
6. Lack of Successful Stories of Students
While Fiction Profits Academy claims that there are thousands of Karla Marie’s students who see results from the training, there is no verified evidence to show this.
You may see some reviews posting screenshots as proof of the success stories. But there is no way to verify if those are true results or not.
Moreover, while Fiction Profits Academy teaches people how to make money, most of their revenue comes from their courses instead of what they teach. That makes the whole thing not convincing at all.
7. You Don’t Get Technical Support
If you are a beginner, you probably need technical support from time to time. However, Fiction Profits Academy only offers courses, but not technical support.
That means if you have technical problems with your Kindle publishing, you have no one to seek support. This is bad news for the newbies.
Yes, you will feel helpless when you thought you can get all kinds of support after paying so much for the course.
8. There is No Free Trial
There is no free trial for the Fiction Profits Academy course. You have to pay a thousand dollars upfront to get started. The risk is much higher in case you don’t like the course or don’t feel good about it. Although they offer a money-back guarantee, there are some procedures or criteria to get your money back.
9. It’s Extremely Hard To Make Money With Fiction Profits Academy
According to Karla Marie, everyone can make money using her Fiction Profits Academy course. But I don’t think so. It’s not possible for everyone to make money in business.
Amazon has changed its algorithm so that after three months unless you buy ads for your book, you won’t be promoted or recommended to readers unless you publish your book. Unless your sales suddenly increase.
To succeed with Kindle Publishing, you have to pay a lot of money and effort. But Karla Marie tries to make it sound very easy in order to get people to buy her course. Once you pay, She won’t care if you can get any value at all.
10. Poor Refund Policy
There is no free trial for Fiction Profits Academy. You won’t be able to get back your hard-earned money even if the course doesn’t live up to its promise. Their money-back guarantee is not unconditional for sure.
Is Fiction Profits Academy a Scam or Legit?
Fiction Profits Academy is a not scam. It is a legit program that teaches you how to publish and sell ebooks on Amazon.
Besides, Karla Marie seems to be a legit online marketer though I can’t verify her track record.
The problem is whether you can really make money by enrolling in this course. Self-publishing ebooks is a very time-consuming business model. It takes a lot of effort but has no guaranteed return.
When selling eCom products, whether physical or digital, the biggest challenge is advertising. Without promotion, no one knows your eBook exists. Unfortunately, the cost of advertising on all platforms has skyrocketed since many people got into the internet business. This explains why most eCom companies have lost money from time to time.
Did you know that Amazon makes most of its money from advertising, not from the fees it collects from Amazon sellers?
If you want to make money in online marketing, you must learn organic traffic methods so that you don’t have to spend a penny on advertising. Unfortunately, Karla Marie only focuses on Facebook ads in her course. But Facebook ads are the most expensive and the algorithm changes from time to time.
Given the limited earning potential of the KDP business model, I reckon Karla Marie makes most of her money from selling her online course instead of publishing ebooks.
Therefore, I don’t recommend Fiction Profits Academy if you want to make a passive income. There is a better business model that is more sustainable and has higher earning potential.
This alternative business model has enabled me to make a full-time passive income. I’m making money while I’m sleeping.
Best Alternative To Fiction Profits Academy
If you really want to make a stable and secure stream of passive income, I would suggest you start an affiliate marketing business online instead.
Affiliate Marketing is perfect for anyone who is new to online business.
In fact, of all the online business models I’ve tried, affiliate marketing is the easiest and most rewarding so far.
In affiliate marketing, you can actually run your business almost with zero cost and achieve a steady and sustainable passive income to pay for your bills. You don’t need any initial capital and can even do it as a side hustle.
And if you really want to learn affiliate marketing and build a business from scratch, I’d recommend you to get started with the most reputable platform for affiliate marketing: Wealthy Affiliate.
Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch. It offers you a free account (including a free website) with comprehensive training on SEO (free traffic methods), which enables you to get started with affiliate marketing right away without paying a penny.
But How Much Can You Earn with Wealthy Affiliate?
A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods.
Wealthy Affiliate has existed for 15 years and there are many success stories in the past decade.
To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.
Where to Join Wealthy Affiliate?
Wealthy Affiliate has a very simple pricing scheme. It has a free and premium membership.
If you want to feel about Wealthy Affiliate, you can sign up for the free starter membership here (no credit card required). You can select to be a free member with no time limit.
And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.
You can enjoy all these values without paying a penny.
So I strongly recommend you to register a free account and see it yourself.