"From what I've read the only folks making money on there are selling books for $0.99 and selling tens of thousands of copies (or more)"
Not necessarily true. There is a genre fiction writer named Michael Sullivan, who writes fantasy in a similar vein as "A Song of Fire and Ice" (Game of Thrones for fans of the TV show).
His sales from April 2010 to August 2011 was over 70,000 and since then, he's sold over 12,000 a month, never pricing below $4.95 on Amazon, which after their cut, he receives over $40,000 a month.
He recently did a Reddit AMA (Ask Me Anything)[1], where he disparages the 99-cent price and feels writers should have more dignity and respect for their work than that.
Not necessarily true. There is a genre fiction writer named Michael Sullivan, who writes fantasy in a similar vein as "A Song of Fire and Ice" (Game of Thrones for fans of the TV show).
His sales from April 2010 to August 2011 was over 70,000 and since then, he's sold over 12,000 a month, never pricing below $4.95 on Amazon, which after their cut, he receives over $40,000 a month.
He recently did a Reddit AMA (Ask Me Anything)[1], where he disparages the 99-cent price and feels writers should have more dignity and respect for their work than that.
[1] http://www.reddit.com/r/writing/comments/s6375/hello_reddit_...