How This INSANELY Simple Book Makes $22,000 Per Month (Passive Income Idea)

Summary

The video discusses how to make significant income through Amazon KDP by creating and selling adult coloring books. It highlights the simplicity of the process, from using tools like Book Bolt to create books without being an artist, to leveraging social media for marketing. The video emphasizes the advantages of the KDP model, such as no upfront costs and the potential for passive income. It also offers practical tips on product selection, content creation, and marketing strategies to maximize sales.

Takeaways

• 😀 Simple books can generate significant income, with some earning $375, $700, and $765 daily, translating to $22,000 monthly in royalties.
• 📚 These earnings are not revenue but profits, as royalties are the amount taken home.
• 🚀 New books with few reviews can still generate high sales, indicating quick profitability.
• 🎨 Even non-artists can create these profitable books, as the process is straightforward.
• 📦 Books are sold on Amazon KDP, a print-on-demand service where Amazon handles printing, shipping, and warehousing.
• 💰 Profit margins are clear: a book priced at $9.99 can earn about $3.15 in royalties.
• ✅ Unlike Amazon FBA, KDP has no upfront costs or inventory risks, making it a low-risk business model.
• 🖍️ Creating coloring books for adults is simple and can be varied easily to meet demand.
• 🔍 Using tools like Book Bolt, one can create and design books efficiently and search for profitable niches.
• 📈 Successful sellers leverage social media, like Instagram and TikTok, to drive traffic and boost sales without relying heavily on Amazon ads.

Q & A

What is the main topic of the video script?

The main topic of the video script is about creating and selling adult coloring books on Amazon using the KDP (Kindle Direct Publishing) model and generating significant royalties without the need for inventory or upfront costs.

How much royalty can one expect to make from selling a coloring book on Amazon KDP?

According to the script, for a paperback book priced at $9.99 with dimensions of 8.5 by 8.5 inches and 40 pages, one can expect to make approximately $3.15 in royalties per sale after Amazon takes their fees.

What is the KDP model mentioned in the script?

The KDP model refers to Amazon's Kindle Direct Publishing, which is a print-on-demand service for books. When a book is ordered, Amazon prints and ships the book to the customer, and the creator earns royalties from the sale.

Why is Amazon KDP considered a low-risk business model?

Amazon KDP is considered low-risk because there are no upfront costs, no need to purchase inventory, and no competition with Chinese sellers on the platform. The creator only needs to create the book once, and it can sell for months or years without the need for restocking.

What is the recommended size for the coloring book pages in the script?

The recommended size for the coloring book pages mentioned in the script is 8.5 by 8.5 inches.

How can one find winning products for coloring books on Amazon?

The script suggests using the BookBolt tool to search for coloring books with a high sales rank (BSR) but a low number of reviews, indicating that the product is new and already selling well without neeeding a large number of reviews.

What is the BookBolt tool used for in the script?

BookBolt is a tool used to create the coloring book pages and compile them into a PDF format that can be directly uploaded to Amazon KDP for selling.

Why is it important to create high-quality coloring book pages?

Creating high-quality coloring book pages is important to stand out from competitors and to ensure that the product is appealing to potential buyers. It is suggested to either use unique drawings or hire professionals to create the pages to avoid creating a 'crappy product'.

What is the recommended strategy for driving sales for the coloring books?

The recommended strategy for driving sales is to create social media content, particularly on platforms like Instagram and TikTok, by recording videos of the books being colored in, which can then be repurposed across different platforms to drive traffic to the Amazon store.

What is the potential downside of relying solely on Amazon KDP for selling coloring books?

The potential downside is that creators are entirely dependent on Amazon KDP, which is a marketplace. There is no option to sell the books on one's own website, and if something happens to the Amazon account, the creator could lose their sales channel.

What advice does the script give for those who are new to starting a business?

The script advises new business starters not to overthink and to start taking action. It emphasizes that nobody has everything figured out, and starting is the best way to learn and figure things out along the way.