If I Were Starting Amazon KDP in 2024, THIS is What I'd Do ($0 - $100k)

Summary

The video script details an author's journey to earning over $1.5 million in royalties through Amazon KDP, selling a business for $820,000, and building a new KDP account. It emphasizes focusing on high-demand niches, prioritizing quality over quantity in book publishing, and the importance of marketing through reviews and sales. The author shares insights on leveraging social media for book promotion, the benefits of outsourcing tasks, and the potential of audiobooks and bundles to maximize revenue.

Takeaways

• 😀 The speaker has earned over $1.5 million in royalties from Amazon KDP and sold a business for $820,000.
• 💼 They are now building a new KDP account, aiming for a six-figure annual run rate while spending minimal time on it.
• 🌟 Focusing on high-demand niches is crucial; competition indicates profitability, so don't niche down to the point of no competition.
• 📈 Successful publishers focus on quality over low competition, creating better books that stand out even in saturated markets.
• 📚 Quality is more important than quantity, but having multiple high-quality books can significantly increase earnings.
• 🔧 With AI, anyone can create content, but to stand out, focus on marketing, getting reviews, and sales.
• 💡 Marketing is simple: get reviews and sales. Start with at least 10 reviews and aim for 50 to establish social proof.
• 🚀 Use Amazon ads for paid marketing or leverage social media like TikTok and Instagram Reels for free marketing.
• 🏆 Building authority in a niche involves becoming a recognized expert, which allows for more significant business opportunities.
• 🔄 Outsourcing is essential from the start. Invest in better covers, formatting, and advertising to scale the business effectively.
• 🎧 Don't ignore audiobooks and bundles; they offer additional revenue streams and are becoming increasingly popular.

Q & A

How much money has the speaker made in royalties from Amazon KDP?

The speaker has made over $1.5 million in royalties from Amazon KDP.

What was the average monthly income the speaker generated from KDP?

The speaker's average monthly income ranged between $3,000 to $35,000, sometimes reaching up to $40,000.

How much did the speaker sell their business for?

The speaker sold their business for $820,000.

What is the current monthly income of the speaker's new KDP account?

The new KDP account is generating around $10,000 to $20,000 a month.

What is the speaker's strategy for balancing time spent on the new KDP account?

The speaker spends less than 30 minutes a week on the new KDP account while utilizing a team to manage it.

What is the importance of focusing on high demand niches according to the speaker?

Focusing on high demand niches is important because it indicates profitability, and the speaker suggests that competition is a sign of a profitable market.

How does the speaker define 'quality' in the context of KDP publishing?

The speaker defines 'quality' as creating books that are better than the competition and emphasizes that quality is more important than quantity.

What is the speaker's view on the role of marketing in KDP publishing?

The speaker views marketing as crucial, stating that it is simple and involves getting reviews and sales to increase visibility and sales of the book.

Why does the speaker recommend outsourcing tasks in KDP publishing?

The speaker recommends outsourcing to save time and focus on what one is good at, suggesting that it is more efficient and cost-effective in the long run.

What is the potential monthly income from bundles according to the speaker's examples?

The speaker's examples show that bundles can generate a significant income, with one example making $1,880 a month from a free book.

How does the speaker suggest utilizing social media for book marketing?

The speaker suggests creating short-form viral content on platforms like TikTok and Instagram Reels to promote the book and gain more visibility.

Outlines

00:00

💰 Success with Amazon KDP Publishing

The speaker shares their personal success with Amazon KDP, having earned over $1.5 million in royalties. They discuss their previous business, which they sold for $820,000, and their new KDP account that is on track to earn six figures annually. The speaker emphasizes the importance of working efficiently, focusing on high-demand niches, and creating high-quality books. They also highlight the impact of AI and technology on the industry and the need to adapt strategies accordingly. The speaker provides resources for further learning and encourages viewers to check their documented income reports for credibility.

05:01

📈 Prioritizing Demand Over Competition

The speaker argues that while low competition is beneficial, it is more important to focus on high-demand niches. They suggest that a lack of competition could indicate a topic is not profitable. Successful publishers, according to the speaker, focus on creating quality books and marketing them effectively, rather than seeking low competition keywords. The speaker gives examples of publishers who have found success by publishing books on broad, competitive topics, emphasizing that quality and marketing are key to standing out.

10:02

📚 Quality Trumps Quantity in Book Publishing

The speaker stresses the importance of book quality over quantity, suggesting that while it's better to produce a single high-quality book, having multiple books can be advantageous as they can collectively generate more income. They discuss the ease with which anyone can now publish a book due to AI and technology, but warn against producing low-quality content. The speaker encourages authors to improve their craft and gain feedback through publishing multiple books to understand and achieve high-quality standards.

15:02

🚀 Marketing and Reviews: Essential for Book Sales

The speaker outlines the importance of marketing and obtaining reviews for book sales on Amazon. They suggest that without social proof in the form of reviews, potential customers are unlikely to purchase a book. The speaker recommends aiming for a minimum of 10 reviews within the first month and building up to 50. They discuss the use of Amazon ads for paid promotion and social media for free marketing, providing examples of successful viral marketing on platforms like TikTok.

20:02

🏆 Building Authority and Expanding Your Product Line

The speaker discusses the concept of becoming an authority in a niche by consistently publishing on the same topic and serving the audience's needs. They provide examples of brands that have expanded beyond just book sales to include additional products and services, emphasizing the importance of establishing a strong brand. The speaker also touches on the benefits of outsourcing tasks that are not your strength, allowing you to focus on what you do best and grow your business more efficiently.

25:03

🔊 The Rise of Audiobooks and the Power of Bundles

The speaker highlights the growing market for audiobooks and the benefits of creating bundles or box sets of books. They argue that audiobooks provide an additional revenue stream and that bundles can be created for free, offering better value to customers and potentially higher royalties for the author. The speaker provides examples of successful bundles and encourages authors to take advantage of these opportunities to maximize their income.

Keywords

💡Royalties

Royalties refer to the payments made to the authors, inventors, or owners for the right to use their work or invention. In the context of the video, the speaker mentions earning over $1.5 million in royalties from Amazon's Kindle Direct Publishing (KDP), illustrating the substantial income that can be generated from book sales on the platform.

💡KDP (Kindle Direct Publishing)

KDP is a platform by Amazon that allows authors and publishers to independently publish their books directly to Kindle and Amazon print-on-demand. The video's speaker discusses their success with KDP, highlighting the platform's potential for authors to earn significant income from their eBooks and paperbacks.

💡Six Figures

The term 'six figures' denotes an annual income or net worth between $100,000 and $999,999. The speaker mentions building a business that was generating multiple six-figure sums annually, emphasizing the substantial financial success achievable through KDP.

💡AI (Artificial Intelligence)

AI refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. In the video, AI is discussed in the context of its impact on the publishing industry, with the speaker noting how it's disrupting traditional methods and changing the way businesses operate, including KDP.

💡Niche

A niche is a specialized segment of a market. The video speaker advises focusing on high-demand niches for book topics, suggesting that while low competition is often recommended, high demand is more critical for profitability. Examples from the transcript include 'stress relief' and 'children's stories' as niches.

💡Quality vs. Quantity

This concept refers to the balance between creating a smaller number of high-quality products versus a larger number of lower-quality products. The speaker emphasizes that while quality is paramount, having a variety of quality books can compound earnings, suggesting an approach that maximizes both quality and quantity in book publishing.

💡Marketing

Marketing encompasses the activities a business engages in to promote its products. The video discusses the importance of marketing books on KDP, including getting reviews and sales, as a means of standing out in a crowded market. The speaker provides examples such as using Amazon ads and social media to drive traffic to book listings.

💡Authority

Authority in this context refers to establishing oneself as an expert or a trusted voice in a particular field. The speaker advises focusing on one niche to become an authority, which can lead to greater customer trust and higher sales. Examples include brands that have become known for their expertise in areas like 'anxiety relief' or 'decluttering'.

💡Outsourcing

Outsourcing is the practice of hiring external parties to perform certain business tasks. The video speaker recommends outsourcing from the start for tasks one is not proficient at, such as book cover design or writing, to save time and improve quality, which can ultimately increase profits.

💡Audiobooks

Audiobooks are books or other works read aloud and recorded. The speaker points out the growing popularity of audiobooks and suggests that they should not be overlooked as a distribution channel. They mention the potential for increased earnings and the convenience offered by audiobooks to readers.

💡Bundles

In publishing, a bundle refers to a collection of books offered as a single unit. The video speaker highlights the benefits of creating bundles, such as increased sales and higher profit margins per sale, using examples from the transcript where bundles have generated significant monthly royalties.

Highlights

Author earned over $1.5 million in royalties from Amazon KDP.

The author's business was sold for $820,000.

A new KDP account is being built with a six-figure annual run rate.

The new account is being managed with less than 30 minutes of work per week.

Income from KDP includes earnings from audiobooks and other channels.

The author has helped hundreds of others build successful KDP businesses.

Times are changing, and strategies must be updated due to AI and technology.

Focus on high demand niches rather than extremely low competition.

Successful publishers focus on creating better quality books rather than avoiding competition.

Quality is more important than quantity, but having many books can add up to significant earnings.

AI is making it easier for everyone to create content, increasing the importance of marketing.

Marketing involves getting reviews and sales to increase visibility and sales.

The importance of getting at least 10 reviews in the first month post-publishing.

Amazon ads can be a fast way to get a book in front of many potential buyers.

Social media platforms like TikTok and Instagram Reels can be used for free marketing.

The potential of going viral on social media can drastically increase book sales.

Becoming an authority in a niche allows for selling more than just books.

Outsourcing tasks that you're not good at is recommended from the start of the business.

Investing in better book covers, formatting, and ads can increase profits.

Audiobooks are a growing market and should not be ignored.

Bundles can be created for free and can lead to increased sales and higher royalties.

Transcripts

so over the years I've made over $1.5

million in actual royalties with Amazon

KDP these are some of the income reports

that I've done in the past and you can

see that I was averaging between $3 to

$35,000 a month sometimes even 40K in a

month from my KDP account so I've had a

business that was generating multiple

six figures a year which I eventually

sold for $820,000 and now I'm building

my new KDP account which is once again

up to a six figure a year run rate so

this is going a little slower than my

first account just because with my first

account I was working on it fulltime

like literally just focusing on that

this one I'm trying to see how much I

can build while spending as little time

as possible so I got a team uh basically

spending like less than 30 minutes a

week on it but it's still doing around

$10 to $20,000 a month if you count KDP

also the audiobooks and other channels

as well and we are trying to grow it

from here and as always if you don't

believe anything I say I documented

everything for the past couple years

just go to Shawn doit KDP income reports

and you will see all my previous income

reports there so KDP allowed me to

travel the world I've been to Bali

Thailand you know China and many many

other places but most importantly I've

helped hundreds of others to do the same

right to be able to build a KDP business

to the point where they're making

part-time income or even replace their

full-time job and do this full-time and

achieve more freedom but the thing is

times are changing right I started this

business in 2016 and what worked before

doesn't really work anymore so you know

really the business itself is changing

uh so was every single other business as

well not just in KDP uh because of AI

and Technology right so AI is absolutely

disrupting the game both good and bad

ways uh so we must update our strategies

you know KDP is still an amazing

business right it still works I would

say it is still to this day one of the

best business to start but the way we

approach this business must be updated

as well so in this video I'll show you

what you must do to go from zero to Mak

it over 100k with Amazon KDP and before

we start if you want an 80-minute master

class on how I buil a KDP business

business to this level besides of this

training right I have another free

training if you guys want to check it

out the link is below this video all

right so the first thing I would do is I

would focus on high demand niches so a

lot of people would teach you to Niche

down so much to the point where you

barely have any competition and they say

it's good because you can rank much

easier but the thing is if you Niche

down so much to the point where there's

absolutely zero competition the topic

and the keyword is probably not that

profitable right because competition

really shows how profitable it is you

know it's profitable and that's why a

lot of people are doing it so the way

you want to approach this honestly is

you want to focus Less on competition

and more on demand demand is extremely

important right demand is how many

people are looking for the topic you

know and how profitable it is so low

competition is important but demand

comes first you have to find a topic

that is very very profitable and then if

you find something that's also low

competition that's amazing but it

matters less right though as an example

right this brand right here kite Fox

publishing uh publishes books in the

topic of stress relief adult calling

book mindfulness word search 2024 word

search very very broad topics it's not

low competition everybody knows these

keywords right Anxiety Relief word

search for those everyone's doing it and

yet this brand is making over

$68,000 a month in Revenue same as this

brand Elizabeth Cole publishing books on

children's stories or children's books

right uh that teaches a lesson so I'm

stronger than anxiety so book on

teaching kids uh to you know manage

anxiety manage anger here uh body

boundaries Etc like a lot of people are

doing the same thing and yet she makes

over

$53,000 a month just from paperback not

counting the audiobook which is kind of

small but a couple thousand more from

Kindle obviously she has the hard cover

version with an additional $99,000 a

month in Revenue so she's doing really

well and the last one is Dana K white so

she publishes books on decluttering

everybody knows about decluttering I use

this as an example many many times and

yet she does $8,000 a month from just a

few books right and another $2,000 a

month from just one book in hard cover

she does an extra

$37,000 from Audiobook and another

$3,000 so she's doing about $50,000 a

month in Revenue as well so my point is

this all these big successful Publishers

they never focused on finding low

competition keyword just so they can go

and avoid everyone else right instead

what they did is just went into the same

keyword everyone else is going into but

they made a better book they just

focused on creating a better quality

book and marketing it better so this is

why in my opinion competition matters

less right because Amazon algorithm

heavily favors quality books so it

really doesn't matter if there are

50,000 other books out there because

49,99 books of the 50,000 I can

guarantee that they're crap right most

people are doing the bare minimum right

like most people are watching side

hustle videos on YouTube you know

pumping out journals that they copy

pasted from canva or something and they

expect to make money with zero reviews

zero marketing right so you know what

you want to do is not to do the same

thing and then try to compete by just

having a brand new keyword nobody else

is going into instead just going into

the same keyword that we know is

profitable right and just make a better

book and do proper marketing like

getting reviews and sales so I want to

talk about quality versus quantity right

obviously quality is super super super

important way more than quantity you

know if you have to choose one you

always go with quality but it does not

mean that you should invest everything

into one book right there is something

magical about a KDP business if you have

a lot of books right all those books

making little bit here a little bit

there it adds up so the goal should be

to publish as many high quality books as

possible right because you don't want to

just focus on super high quality book

and you don't want to just have this one

book mindset and just publish one book

but also you don't want to just go with

a quantity approach and publish a bunch

of crap book you need a middle ground

and that is why I say publish as many

high quality book as possible but the

thing is most people have no idea what

quality even is right and that is why

you got to practice with publishing

multiple books so your first book always

going to suck right but that's fine you

know you're going to understand if it's

good if it's bad right quality wise and

then you keep publishing to the point

where you eventually start getting

feedbacks uh of four and five star

reviews then you know that that is the

quality that people are looking for and

then you want to publish as many books

as you can in the quality level next

thing you got to keep in mind is that

literally everyone can create content

now right so once again AI is making it

easier than ever to publish a book which

is amazing if you're just getting

started because it's a lower barrier of

Entry like you know it's a lot easier

for you to go and publish a book now

compared to many many years ago right

which is great it's easier for you to

start but the con is that everybody else

is doing it as well so it's easier for

you to start but doesn't mean that you

should stay at the level putting the

bare minimum right just you know asking

chat GPD for something copy pasting it

into a book that is like the bare

minimum of what everyone else is doing

right so you can start with that you can

probably make you know 10 bucks a month

50 bucks a month 100 bucks a month from

a book right but you know if you want to

make thousands a month if you want to

really make lifechanging income then you

don't want to stay there right you want

to keep improving your craft so once

again the pro of you know AI becoming

mainstream is that you can create a book

very easily right so it's easier for

people to start but the con is that just

making content is not going to do

anything you have to do marketing right

the way you stand out is not by creating

content it's by marketing the book

getting reviews getting sales once again

let me show you some examples so this is

the type of book that literally everyone

else is making right bedtime story book

for kids AI generated cover looks kind

of nice right AI does create some nice

images but all they did is upload and

forget no reviews nothing right so the

fact that everyone can now make book

covers like this is amazing but the

thing is that's the thing everyone can

do it so you have to do more than that

so if you want to stand out you got to

learn marketing getting reviews once

again and getting sales you cannot be

doing what everyone else is doing and

expect to make any significant money

because here's the thing even if you go

and find an untapped keyword that nobody

else is in right and you publish in it

yes you'll make money for a while but I

can almost guarantee that if you publish

a crap book right it's only a matter of

time until somebody else discovers the

keyword make a better book your book

dies off compared to that if you publish

a high quality book from the beginning

by the time somebody else finds a

keyword it gets flooded doesn't matter

because your book will always stand out

because it's better than everybody

else's so the bottom line is this it is

so much easier to just make a better

book in a proven keyword than trying to

find an untapped keyword all right so

let's talk about marketing so I keep

saying marketing is important but it's

very very simple it's not this complex

thing that's very overwhelming I promise

you it's very simple right it's as

simple as getting reviews and getting

sales right you want to get reviews

first and then you get sales and it's

essentially bringing more eyeballs to

your books so we call this traffic in

marketing right it's basically getting

more traffic to your product in your

case it's book more people see your book

right you will get more sales So within

the first month of publishing you want

to get to 10 reviews minimum and then

from there uh you want to build it up to

50 reviews or so and if you're

absolutely not making any sales of 50

reviews then the issue could be the

keyword or your book might not be that

good so if that's the case then you can

step back re-evaluate what's the issue

if it's your book if it's a keyword then

you might have to just move on and give

up on that book right you can go and do

a better job on the second book but

until you get 50 reviews you don't know

if it's the book that's bad if it's the

keyword or maybe you just don't have

enough reviews right so reviews are

essential um there are many ways to get

reviews I have plenty of videos on

getting reviews just look up sha thewit

uh reviews and there are many videos

like that but I'll leave a link to this

video in the description it's basically

talking about the easiest way to get

reviews uh so go and check it out if you

want to so once you get enough reviews

next is to show that book to as many

people as possible and that is the

marketing side you got to get the

reviews first because you know if your

book has zero reviews there's no social

proof right you show it to as many

people as possible right no one's going

to buy it because there's no reviews

right so you got to get reviews first so

after you do that then the marketing

right so the fastest way to show your

book to a ton of people is Amazon as

right you just pay a little bit of money

for Amazon to show your book to a ton of

people you get a lot of eyeballs if your

book is attractive you will start making

sales right so that is the fastest way

okay and you can start with as L as $3 a

day now if you don't have money for as

or if you don't want to spend that money

for whatever reason then there is a

freeway which is social media so like

Tik Tok Instagram reals you can promote

your book that way and I have many

videos on that once again so if you need

help on anything all you got to do is

look up Sha doit

topic right so in this case Shawn doit

Tik Tok if you want to learn more about

that and there's a lot of videos on it

or if you want Shawn doit Amazon ads

tutorial I'll leave a link to this video

below this video as well so one thing I

want you guys to understand is that

you're always paying with time or money

right so just because you're not paying

money you know doing social media you're

going to be spending a lot more time

posting content which kind of costs

money right cuz time is money so you

have to choose what you pay you know do

you want to save time by just you know

running Amazon ads or do you want to

save money by doing a lot of social

media me personally I prefer Amazon ads

but you can do both and both is a great

way as well so if you do want to do free

marketing right social media if you want

to learn more about that then once again

there's a video on it I'll leave a link

below this video uh but basically you

make short form viral content promoting

your book and it's as simple as just

filming the book uh on your phone right

I'll give you some examples here so just

to showcase the power of Tik Tok right

so there's a story of a young adult

fiction author right who was doing a

book signing and I think either a

Walmart or a Target some kind of store

right and he was just sitting there and

no one was coming up to him so he looked

very sad right and you know this Tik

talker went into the store randomly saw

him just sitting there uh with his book

and uh kind of looking defeated right so

then he went up filmed a video uh

talking to him just interacting and he

posted that on Tik Tok it went

absolutely viral right and his book went

from 5 million BSR which means he's

making absolutely zero sales to number

one in the entire Amazon Kindle Store

he's making like tens of thousands of

dollars every single day right and it

kind of slowed down since then but he's

still doing crazy good so that is from

one viral video so just the crazy thing

about social media is the potential of

going viral so that's just one example

but specifically what kind of videos can

you make right so all you got to do is

go to Tik Tok and search for you know

whatever book is so if you're doing

calling books search for calling books

right uh and you know if you're doing

something else search for that but as an

example this person Megan miles art uh

is absolutely blowing up right now her

books are blowing up on Amazon she has

an extremely simple book like literally

everyone can make this book right and

this is what I mean by you know when I

say everyone can be a content creator

but you got to learn marketing because

her books are there's nothing special

about this like literally anyone can

make this interior image right like even

if you're outsourc it it's like three

bucks per page you know and you can make

it yourself too obviously but she's

doing like 50 60k even more a month in

Revenue right and what she's doing is

Tik Tok marketing so she posted daily

consistently uh and all she's doing is

showing her books right she ordered it

you know filmed herself just going

through the book on a phone hund like

flipping through it 179,000 views right

and a lot of sales from that this one

she's just flipping through her page or

I guess she's calling it in right kind

of like ASMR uh but with calling books

and that is very very popular now on Tik

Tok 3.5 million views this one right

here is once again same kind of style

right she just flipping through it and

that's a video 6.6 million views insane

right so uh you can definitely do Tik

Tok very very powerful especially if you

got coling books and those kind of books

but the point is just look it up on Tik

Tok there's a lot of examples of how you

can make these videos and if you're

worried about Tik Tok shutting down

because it was was on the news um don't

worry because Tik Tok is just one method

right if Tik Tok shuts down people who

watch these short form content they're

going to go somewhere else right like

the short form content is not going to

die just because Tik Tok dies no they're

going to just go to Instagram reals

Maybe YouTube shorts maybe there's

another social media channel that's

going to pop up doesn't matter right but

bottom line the need for Content like

this will always stay right so if you

know how to make it you can just go to

another social media site all right so

the next thing I would do is to focus on

building authority so you know building

authority is basically just becoming an

expert on the topic right so in order to

become an expert on whatever Niche

whatever topic that you're publishing uh

in you cannot hop around into different

niches you cannot publish a book on this

topic and you cannot go and you know

just try another Niche right that's

hopping around uh if you do that you're

never going to be an expert right so

basically you want to focus on one Niche

go as deep as possible until people

recognize that you're the go-to brand

right or or the expert in the niche so

become an expert on the topic serve the

audience right and this is how you can

go from just being a publisher to a

full-blown business let me show you some

examples so this brand right here zenful

note right they started off with

publishing this book Shadow work Journal

okay and she kind of took the same

approach as the the last uh Tik Tok

channel that we saw right she just

posted daily and it just blew up it's

insane once again because these videos

are getting 68 million views it's just

I'm just like blown away every time I

talk about this all she's doing is

filming one page of her video and

reading the exercise out loud she's not

even doing the exercise nothing she's

literally just reading it 68 million

views insane right but what she did

right was she was consistent she was

posting every single day right and she

still posts every single day and her

average views are just a couple thousand

right so it's not like you know she

always gets million views you can do the

same thing and if you're getting a

couple thousand some of those videos

will pop and it's just going to blow up

and it can absolutely be life-changing

but if you look at her Channel now she's

selling a lot more than just this book

right so obviously she started selling

another book like you know uh Second

Edition and uh more books in the series

but she's also selling a some kind of

card like a Terra card or whatever it is

right and she's also coming up with an

app so this is what I mean is that once

you have a brand established once you

become an authority you can become a

full-blown business not just a publisher

you can start selling backend offers

right from your books so basically the

book is how people find you but from

there you can sell additional stuff

right physical products even coaching

offers even your courses and you can

make a lot more money there and that's

not going to happen unless you establish

yourself as an authority so when it

comes to building an authority in the

niche you don't need to be an amazing

writer right it's not about your writing

style it's more so about providing value

and unique insights right so just focus

on one Niche so you can understand your

customer because you've been in the

niche for so long that you know what

people are looking for right once you

get to the point then all you got to do

is try and give people what they want in

your book as much as possible and it's

as simple as that until you become an

authority on it so the next thing I

would do uh is to build a team from the

start so I would focus on Outsourcing

tasks that I am not good at from the

very very beginning so you can do

everything in this business for free

which is one of the the amazing thing

about publishing right it's the biggest

benefit but it does not mean that you

should right just because you can do

things for free does not mean that you

should okay focus on what you're good at

you want to hire out the rest so as I

said earlier you're always paying with

either time or money right just because

you can save money by doing the things

yourself uh does not mean that it's good

because you're spending so much more

time like a lot of people design book

covers on canva and they spend literally

days making a book cover that ends up

being worse than what they could have

got from Fiverr for five bucks or 10

bucks paying somebody else to do it so

if you're in the US and if you want to

think about what your time is worth

right even if you're making minimum wage

paying somebody 5 10 20 bucks for a book

cover instead of spending days making it

I think is a very good investment so

once again my new KDP account is back to

six figures a year and I spend less than

an hour a week on it so one of the first

thing you should Outsource is the book

cover right I started with paying five

bucks per cover right and that amount

increased as business grew you know I

started making more money that I

reinvested in a better cover designer

and then a better cover designer and now

I pay between $100 to $200 per book

cover but obviously you don't have to

start off that way right like 5 10 20

bucks some of the recommended Fiverr

gigs that I have in this video which I

will link below this video can create a

really really high quality cover for you

know 5 to 20 bucks okay so I have a

video on it once again check it out but

you know it will take me hours to make a

cover on canva that is worse than what I

could get for five bucks on Fiverr so

obviously it's kind of a no-brainer uh

to Outsource it rather than just

spending your time unless you want to

learn design skills unless you you're

happy doing it then you know by all

means do it so again as an example this

is one of the gig that I work with uh

for a very very long time it's $10 and

you can see the designs are really

really good you still have to work with

them go back and forth right so it's not

like you know it's guaranteed amazing

every single time but it's unlimited

revisions meaning if you're not happy

just don't accept it right so you can

work with them make as many changes as

possible until you're happy with it okay

so as you can see she does well with

fiction books non-fiction as well cuz I

do non-fiction I work with her many many

times but this is another one if you

want to focus on non-fiction type of

book covers so she charged 30 bucks

right and she does really good designs

like these are amazing right so that's

another one I'll leave a link to these

gigs below this video and I've worked

with her as well if you want more of a

premium option uh she charge definitely

higher as you can see but her designs

are absolutely amazing okay so this is

another option once again I'll leave a

link to the video okay and then also

these gigs Below in the description but

honestly you don't have to use these

book cover designers right all you have

to do is go to Fiverr right and look at

book cover and there are a lot more gigs

that you can go and obviously just check

out the samples pick the one you like

and then go from there so Fiverr is

amazing but there's another site that's

really really good and that is upwork

and this is where you can hire writers

uh illustrators and vas and if you're

looking for those kind of tasks then

upwork is my favorite place to do so and

you can manage your team directly on the

platform as well so I'll leave a link to

upwork below this video but basically if

you're trying to hire ghost riders uh if

you're trying to hire illustrators for

custom illustrations or if you just want

a virtual assistant for your business

upwork is a great place you can do that

on five or two but upwork is my

preference in terms of the rates that

you want for Ghost Riders it depends on

the topic but typically I pay $2 to $3

per 100 words so that means if you have

a 30,000 word book which is about 150

Pages then your book will be anywhere

between $600 to $900 to get it written

and this is uh if you want quality right

so for illustration you can pay between

three bucks for a very very simple uh

illustration up to $20 per page uh if

you want a full color full background as

well so that kind of depends but

typically I pay between three to five

bucks and for VAs that's like 4 to eight

bucks an hour or so so almost every

single step in the business can be

Outsource once again writing cover

design formatting reviews ads and much

more if you want to learn how I automate

99% of my KDP business I filmed a video

on exactly how I do that so I will once

again leave a link below this video so

you might be thinking I don't have money

to Outsource books or run ads right what

do I do well if that's the case once

again there's a free alternative to

literally everything so you can write

the books you can do your own social

media marketing right and you can start

off with that no problem but the thing

is the issue is that people get stuck

there you know they never evolve past

that phase because they're scared of

investing the money right they're scared

of you know perhaps losing it but the

thing is the point of Outsourcing it is

that you can publish a book quicker so

that you can make back the money and so

much more because you're never going to

make money unless you publish a book

right but because people are scared of

Outsourcing or perhaps just you know

they take so long to do things themsel

they end up giving up before they even

publish a book I just don't want you to

do that right if you can publish a book

doing it yourself just to see this works

and you start actually making money

that's great right but take that profit

and reinvest into getting a better book

cover next time right and you make more

money from that take that profit and get

a better formatter right and take that

profit and now have somebody run ads for

you right and you eventually scale your

business that way so you don't have to

start with having teams and systems but

you should work towards it all right so

next thing I recommend is you don't want

to ignore audiobooks uh because you know

paperback Kindle those are great but

audiobook is honestly just blowing up

right now so audiobook as you can see

from this chart is a growing market

right it'll only keep growing as more

people who's reading ebooks paperback is

going to start switching over to

audiobook because it's just more

convenient you can see that we're here

in 2024 okay it's projected to Triple in

Market size in six years by 2030 okay

and it's just going to keep going from

there so this is kind of another reason

why you want to focus on high content

books because if you're doing low

content books or if you're doing like

coling books you can only publish your

book in paperback or hard cover maybe

right uh you cannot do ebook you you

cannot do audio and you're missing out

on a lot so you can definitely do you

know those kind of books but if you want

the biggest money long-term typically

it's from high content books okay and

also it'll be free to create an

audiobook soon uh thanks to AI A6 is

already coming up with a you know AI

narration beta thing so you can start

turning your book into an audiobook with

AI it sounds pretty legit and it's

completely free so there's like no

reason not to do it as an example we got

Christine one of our students right she

made 10 K in a month from ACX which is

audio right alone not counting the KDP

sale she made which is like another

$44,000 Nicolo over here made

$58,000 in July right 50k came from KDP

and

$8,300 in additional income came from

audiobooks so I got a whole video on how

to do audiobooks so once again I'll

leave a link below this video all right

so the next thing I would definitely not

neglect and I'm mentioning these things

like audiobook and also bundles is

because a lot of you guys don't do this

right nobody really talks about this

which I don't understand why but bundles

is absolutely a GameChanger because it's

a free book right you already have your

book files so you're just putting it

together and you can sell it as a whole

new book which is a kind of a bundle or

you know box set so you can see here we

got two crochet book you put it together

sell it as a crochet twoin one bundle so

bundles are literally free to make it

sells better because it's a better uh

value for the customer like it's it's

cheaper for the customer to buy a bundle

than buying one book individually at a

time right so you make more Sales Plus

you can price it higher so you make more

royalties per sale it's better deal for

the customer and it's literally free to

make like it's a win-win-win type of

thing like there's no downsizes to it so

you really should be taking advantage of

bundles so people in the high content

space know bundles is a thing like a lot

of people do it but for some reason

people in the low content medium content

space they don't know that bundles are

even a thing I don't understand why I

think a lot of people believe that

bundles are not allowed in low content

for some reason I don't know why but

just to show you that it's it's

completely allowed right and it's

actually doing extremely well these are

some examples so this is a brain game

three books in one bundle right so they

had these three books all they did is

put it together sell it as a new book

now look at this you know I got this

book beam plugin so you got to pay for

book beam but it's really cool because

it shows you the SMA roties and stuff uh

if you want to check out book beam the

link is below this video but it's

showing me that it's making 55 to6 $6 a

day in royalties that's 1,500 bucks a

month right from a free book that you

made which is pretty crazy right same as

this one six inone collection word

search puzzles for kids so it's just six

word search puzzles put it into uh one

book so one bundle book and this is once

again doing 60 to 64 bucks a day so

that's 1,800 bucks a month from a free

book that you can make uh because you

already have the book files right so

super cool the same as this one so we

got large print words search four books

in one collection and this one is crazy

it's making

$487 to 75 bucks every single day so

let's take the average 600 bucks right

times 30 so this book is doing

$188,000 a month from a free book like

it's nuts so don't sleep on bundles okay

and if you guys want a complete tutorial

on how to create bundles let me know in

the comments uh so type something like I

want a bundle video or just type bundle

in the comments and let me know all

right so just to recap these are are all

the steps that we talked about in this

video okay you want to focus on high

demand niches you want to publish as

many high quality books as you can you

want to learn marketing so getting

reviews and sales you have to build a

brand and expand your product line going

from Just Books to now you know selling

much more than that okay you want to

Outsource early for things you're not

good at okay and you want to maximize

the distribution with audiobooks and

bundles so don't just rely on just

ebooks or don't just do paperback do it

all right ebook paperback audio hard

cover and just reach as many people as

you can with it so if you guys want to

watch more of this step-by-step tutorial

uh first of all let me know in the

comments you like these but also I got

another video that you can follow along

uh which is this one uh one year Amazon

KDP blueprint for beginners right

teaching you how to go from 0 to 10K per

month so once again the link to this is

below this video so basically all the

videos and resources I mentioned uh is

in the description below so hope you

enjoyed the video leave a like if you

haven't yet subscribe if you want to

watch more of these videos comment for

the algorithm comment bundles if you

want those bundle videos uh do whatever

you want to do and uh I'll see you guys

in the next one bye