Income Report Amazon KDP | 20 Coloring Books = How Much Money?

Summary

The video offers a transparent review of the creator's experience with Amazon KDP, detailing the performance of their first 20 coloring books over seven months. It discusses sales, profits, ad spends, and the challenges of ranking and selling on Amazon, ultimately revealing the need for approximately 200 books to achieve a £1,000 monthly profit.

Takeaways

• 😀 The creator has been making coloring books for Amazon KDP for almost a year and shares transparent insights on their performance.
• 📈 The first 20 coloring books were analyzed for sales performance, with a significant boost during the December Christmas season.
• 🦖 The 'Dinosaurs in Space' coloring book was the top seller, showing the impact of niche research and keyword ranking on sales.
• 💰 The total revenue from the 20 coloring books over seven months was £1,384.29, without accounting for taxes or ad spend.
• 📉 There was a noticeable drop in sales after the initial Christmas boom, but sales steadied and showed slight growth monthly.
• 🚀 The importance of timing is highlighted, as releasing books ahead of high-demand periods like Christmas can boost sales.
• 💡 Niche targeting and keyword ranking are crucial for organic sales, as demonstrated by the success of the 'Dinosaurs in Space' and 'Lucha Libre' coloring books.
• 📉 Not all books performed well, with some failing to rank well for keywords and resulting in low or no sales.
• 💸 The creator spent approximately £723 on ads to promote the coloring books, which is a significant portion of the total revenue.
• 📊 After deducting ad spend and expenses, the net profit from the coloring books was £491.29.
• 📚 The creator suggests that to make £1,000 profit per month, one might need to create around 200 coloring books, considering their current sales data and ad spend.

Q & A

How long has the speaker been making coloring books for Amazon KDP?

The speaker has been making coloring books for Amazon KDP for almost a whole year.

What was the speaker's strategy for the first 20 coloring books?

The speaker used AI to create the coloring books and focused on niche research to improve their ranking and sales on Amazon.

What was the best-selling coloring book among the first 20 created by the speaker?

The 'Dinosaurs in Space' coloring book was the best-selling among the first 20, selling 223 copies over the past seven months.

What was the total revenue generated from the 20 coloring books over the past seven months?

The total revenue generated from the 20 coloring books was £1,384.29, before deducting any expenses or taxes.

How much did the speaker spend on ads for the coloring books?

The speaker spent approximately £723 on ads for the coloring books, including campaigns across multiple countries.

What was the speaker's total profit after deducting ad spend from the royalties?

After deducting ad spend, the speaker's total profit was £661.29.

What additional expenses did the speaker incur for creating the coloring books?

The speaker incurred additional expenses for using mid-journey AI to create the coloring pages, which cost approximately £170 over the seven months.

How much tax did the speaker have to pay on the earnings from the coloring books?

The speaker had to pay approximately £196.52 in taxes on the earnings from the coloring books.

What was the speaker's net profit after deducting all expenses and taxes?

After deducting all expenses and taxes, the speaker's net profit was £294.77.

How many coloring books would the speaker need to create to make a £1,000 profit per month, based on the current data?

Based on the current data, the speaker would need to create approximately 194 coloring books to make a £1,000 profit per month.

What advice does the speaker give for new Amazon KDP publishers regarding ad spend and keyword ranking?

The speaker advises new publishers to release their books a month and a half to two months in advance of a big sales push, go hard on ad spend, and focus on making the books rank for keywords to generate organic sales.