The ULTIMATE Amazon KDP $0 to $100k Guide (Might Delete)

Sean Dollwet
1 Jul 202424:13

Summary

TLDRIn this informative video, Sean shares his proven strategies for scaling an Amazon KDP business to earn over $100,000. He emphasizes the importance of keyword research and market demand, debunks common publishing myths, and introduces the concept of lifetime value (LTV) to maximize customer earnings. Sean also discusses the power of building systems for consistent high-quality book production, leveraging AI for cost-effective content creation, and diversifying income beyond Amazon. He concludes with actionable tips for book launches, conversion rate optimization, and expanding into audiobooks, inviting viewers to join his program for personalized coaching.

Takeaways

  • πŸš€ Start with keyword research to ensure there's market demand for the book topic before writing to avoid wasting time on unprofitable subjects.
  • πŸ“š Focus on publishing in topics where other books are already selling well, as competition indicates demand and profitability.
  • πŸ’° Understand the concept of Lifetime Value (LTV) which is the total earnings from a customer over their lifetime, and aim to increase this number through high-quality books and customer engagement.
  • πŸ”‘ Prioritize building a series of books to encourage repeat purchases and establish a brand that readers will follow for more content.
  • πŸ’Ό Act like a publisher, not just an author, by incorporating market research and marketing strategies to ensure sales and profitability.
  • πŸ“ˆ Invest in high-quality books as they are more likely to attract repeat customers and positive reviews, which in turn can lead to higher LTV.
  • πŸ›  Build systems for consistent publishing of high-quality books by outsourcing tasks such as writing, cover design, and formatting to top talents found on platforms like Upwork and Fiverr.
  • πŸ’‘ Keep the business model simple to reduce complexity and increase efficiency, focusing on publishing quality books and marketing them effectively.
  • πŸ“Š Build an ARC (Advanced Reader Copy) team to gather reviews for each book, starting from scratch for the first book and reusing the team for subsequent publications in the same niche.
  • 🎯 Optimize conversion rates on Amazon by ensuring the book listing is perfect with an attractive cover, compelling title, and description to reduce ad costs and increase sales.
  • 🌐 Diversify income streams beyond Amazon KDP by publishing books on Audible, IngramSpark, and other platforms, and considering translations and audiobook versions to tap into growing markets.

Q & A

  • What is the main focus of Sean's video?

    -The main focus of Sean's video is to provide an ultimate guide to building a successful Amazon KDP business, going from zero to over $100,000.

  • How much money has Sean made from self-publishing books on Amazon KDP?

    -Sean has made over $1.6 million from self-publishing books on Amazon KDP.

  • What is the first mistake that Sean mentions people make when starting with Amazon KDP?

    -The first mistake Sean mentions is that people often write a book on a topic they are passionate about without first researching if there is a market demand for that topic.

  • Why is it important to validate the profitability of a book topic before publishing?

    -It is important to validate the profitability of a book topic to ensure there is a demand for books on that topic, which increases the likelihood of making sales and earning money.

  • What does Sean mean by 'lifetime value' in the context of Amazon KDP publishing?

    -Lifetime value (LTV) refers to the total amount of money a customer will spend on your products or services over the duration of their relationship with your business. In the context of Amazon KDP, it includes not only the initial book purchase but also subsequent purchases and potential affiliate product sales.

  • How can authors increase their lifetime value in the Amazon KDP business?

    -Authors can increase their lifetime value by producing high-quality books, building a series or brand, collecting email addresses for marketing, and selling more than just books (e.g., affiliate products, courses, services).

  • What is the significance of building systems in Amazon KDP publishing according to Sean?

    -Building systems in Amazon KDP publishing is crucial for consistently publishing high-quality books every month, which is key to scaling the business and achieving higher earnings.

  • Why is outsourcing important in the Amazon KDP publishing process?

    -Outsourcing is important because it allows authors to focus on what they are good at (e.g., writing) while delegating other tasks (e.g., cover design, formatting) to experts, thereby improving efficiency and book quality.

  • What is the role of an ARC (Advanced Reader Copy) team in book launches?

    -An ARC team consists of readers who receive a free copy of the book in exchange for leaving a review. They are crucial for gathering initial reviews, which can boost the book's credibility and visibility on Amazon.

  • How does Sean suggest optimizing Amazon ads to reduce costs?

    -Sean suggests optimizing the listing by ensuring it has a high conversion rate. This includes having a perfect book cover, title, description, A+ content, and reviews, so that when people click on the ad, they are more likely to make a purchase.

  • What are some additional revenue streams for authors beyond Amazon KDP?

    -Authors can publish their books on Audible as audiobooks, distribute through IngramSpark to additional stores, use Draft2Digital for platforms like Google Play, and consider translations and bundles to diversify their income.

  • How does AI impact the book production process according to Sean?

    -AI is revolutionizing the book production process by making it faster and cheaper. Tasks that used to take weeks and hundreds of dollars can now be done in minutes and with little to no cost, allowing for higher quality books at a lower production cost.

Outlines

00:00

πŸ“ˆ Starting an Amazon KDP Business: The Ultimate Guide

Sean introduces his video, which aims to guide viewers on how to grow an Amazon KDP business from zero to over $100,000. He emphasizes the importance of market research before writing a book, rather than creating a book first and then trying to find an audience. Sean shares his experience of making over $1.6 million through Amazon KDP and hints at revealing a secret concept not previously shared on YouTube. He stresses the significance of understanding the market demand and the common mistake of publishing a book without ensuring there is an audience for it.

05:02

πŸ’‘ The Importance of Lifetime Value in KDP Publishing

The speaker delves into the concept of Lifetime Value (LTV), which is the total earnings from a customer over their lifetime. He explains that increasing this value is key to success in the KDP business. Using examples, Sean illustrates how different customers' purchasing behaviors can lead to varying lifetime values. He suggests strategies such as selling more than just books, collecting email addresses for marketing, and offering affiliate products or services to increase LTV. Sean also discusses the importance of a high-quality book and building a series to encourage repeat purchases.

10:03

πŸ›  Building Systems for Consistent KDP Success

Sean discusses the necessity of creating a system for consistent publishing of high-quality books. He advises against spamming low-quality books and instead suggests building a system that allows for the regular release of five-star quality books. Sean shares his personal team setup and the various tasks that can be outsourced, such as book writing, cover design, and Amazon ad management. He recommends platforms like Upwork and Fiverr for hiring talents at a lower cost and emphasizes the importance of reinvesting profits into outsourcing to improve and speed up book production.

15:05

πŸš€ Leveraging AI in Book Production and Keeping Business Simple

The speaker highlights the impact of AI on book production, making it faster and less expensive. He encourages taking advantage of AI to stay competitive in the market. Sean also recommends keeping the business model simple to achieve more freedom and higher income. He outlines a simple publishing business setup that includes a traffic source, a series of books for repeat purchases, email collection for ongoing marketing, and the sale of additional products or services. He stresses the importance of simplicity in business operations and warns against overcomplicating the process.

20:07

🌟 Achieving Book Launch Success with ARC Teams and Ads

Sean talks about the importance of building an ARC (Advanced Reader Copy) team to gather reviews for new book launches. He explains that having a system for collecting reviews is crucial for a successful launch and provides examples of students who have successfully implemented this strategy. The speaker also addresses the use of Amazon ads for boosting book sales and the importance of conversion rate optimization. He emphasizes the need for a perfect listing to reduce ad costs and suggests that a well-optimized listing can significantly improve sales.

🎯 Diversifying Income Streams Beyond Amazon KDP

The final paragraph focuses on the importance of diversifying income streams beyond Amazon KDP. Sean suggests publishing books on Audible, IngramSpark, and other platforms to reach a wider audience. He highlights the growing market for audiobooks and the potential for increased revenue in the future. The speaker also touches on the use of AI to reduce production costs while maintaining quality, encouraging viewers to explore high-content books and audiobook production to maximize their publishing business's potential.

Mindmap

Keywords

πŸ’‘Amazon KDP

Amazon KDP (Kindle Direct Publishing) is a platform that allows authors and publishers to self-publish their books on Amazon. It is a central theme in the video as the speaker discusses strategies for success on this platform. The speaker has made over $1.6 million from self-publishing books on Amazon KDP, emphasizing the potential for significant earnings.

πŸ’‘Keyword Research

Keyword research is the process of identifying the terms and phrases that people use when searching for products or content online. In the context of the video, it is crucial for authors to research what the market wants before writing a book, ensuring there is demand for the topic they choose to write about. The speaker highlights that many beginners fail by writing a book first and then trying to generate interest, which is the wrong approach.

πŸ’‘Lifetime Value (LTV)

Lifetime Value (LTV) refers to the total worth of a customer to a company over the lifespan of their relationship. In the video, the speaker explains that understanding and increasing LTV is key to success in the Amazon KDP business. It involves not just making a profit from the initial book sale but also from subsequent purchases, reviews, and other products or services the customer might engage with.

πŸ’‘Market Research

Market research is the process of gathering information about consumers and competitors to identify market opportunities and challenges. The video emphasizes the importance of conducting market research to validate the profitability of a book topic before publishing. The speaker suggests that authors should ensure there is existing demand for their chosen topic by checking if other books on the same topic are selling well.

πŸ’‘Competition

In the context of the video, competition refers to the presence of other books on the same topic in the market. The speaker argues that competition is a good sign, indicating demand for the topic. Authors should not be discouraged by competition but rather see it as confirmation that there is a market for their book.

πŸ’‘Outsourcing

Outsourcing is the practice of hiring external individuals or companies to perform tasks that might otherwise be done by employees within the company. The speaker discusses the benefits of outsourcing various tasks in the book production process, such as ghostwriting, cover design, and formatting. This allows authors to focus on what they are good at and scale their Amazon KDP business more efficiently.

πŸ’‘High Content Books

High content books are those that offer substantial, valuable information to the reader. The video mentions that high content books are preferable over low content books (like journals or planners) because they can be turned into audiobooks and have a higher potential for sales and profitability. The speaker encourages authors to focus on producing high-quality content to maximize their earnings.

πŸ’‘Conversion Rate Optimization

Conversion rate optimization is the process of maximizing the number of clicks on an ad that result in a sale. In the video, the speaker explains that high ad costs on Amazon are often due to a low conversion rate, meaning many people click on the ad but few make a purchase. The speaker advises optimizing the book listing, including the cover, title, description, and reviews, to improve the conversion rate.

πŸ’‘ARC Team

ARC stands for Advanced Reader Copy. An ARC team is a group of readers who receive a free copy of a book in exchange for leaving a review. The video emphasizes the importance of building an ARC team to gather reviews for each book published. This helps in launching the book successfully and building a brand that encourages repeat purchases.

πŸ’‘Audiobook Market

The audiobook market refers to the industry of distributing books in audio format. The speaker in the video highlights the growing trend in the audiobook market, predicting it to triple in size by 2030. Authors are encouraged to publish their books as audiobooks to capitalize on this growth, especially since high content books are more suitable for this format.

πŸ’‘AI in Book Production

AI (Artificial Intelligence) in book production refers to the use of AI technologies to assist in the creation and production of books. The video mentions that AI is revolutionizing the book production process by making it faster and cheaper. The speaker suggests that authors should leverage AI to reduce production costs while maintaining or improving the quality of their books.

Highlights

Ultimate Guide to earning over $100,000 in Amazon KDP business.

Sean has made over $1.6 million from self-publishing books on Amazon KDP.

Introduction of a new concept never shared on YouTube before.

Method to take students from beginner to earning over $30,000 a month in KDP.

Importance of keyword research and market demand before writing a book.

Common mistake of writing a book first and then trying to find an audience.

The necessity of competition in a book's topic to indicate market demand.

Lifetime value (LTV) concept in book selling and its significance.

Examples of calculating lifetime value based on customer purchases.

Strategies to increase lifetime value through high-quality books and audience engagement.

Building systems for consistent publishing of high-quality books.

Advantages of outsourcing various tasks in book production.

Recommendations for platforms to find talents for outsourcing.

Cost-effectiveness of outsourcing and its impact on business growth.

Importance of simplicity in business operations for higher profitability.

Building an ARC (Advanced Reader Copy) team for book reviews.

Utilizing Facebook groups for gathering ARC team members.

Conversion rate optimization to reduce Amazon ad costs.

Creating a '10 out of 10' listing on Amazon for maximum conversions.

Diversifying income streams beyond Amazon KDP.

Opportunities in the growing audiobook market and strategies for leveraging it.

The role of AI in reducing book production costs and enhancing quality.

Invitation to join the Road Hero program for one-on-one coaching.

Transcripts

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in this video I'll give you the Ultimate

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Guide to going from zero to over

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$100,000 in your Amazon KDP business

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what's going on guys welcome back to

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another video so if you're new to the

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channel my name is Sean and I've made

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over $1.6 million from self-publishing

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books on Amazon KDP I built two

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successful multi6 figures a year KDP

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account so if you want no OBS publishing

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advice from someone who's actually doing

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it then make sure to subscribe so in

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this video I'll be introducing you to

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concept that I've never made public on

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YouTube before and honestly I'm not even

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sure if I want to keep this information

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public and keep this video up uh so to

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be honest I might delete this video

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later but this is exactly how we

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consistently take our students from

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absolute beginner in Amazon KDP to doing

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over 5 10 20 even $30,000 in a month so

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with this video you will learn exactly

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the mistakes that you might be making

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and what you should be working towards

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in your business so let's start with

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keyword research so I would say 99% of

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the people who go into Amazon KDP who go

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into publishing do this mistake which is

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the first one they make a book on

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whatever topic right they write a book

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on whatever they're passionate about and

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then they try to make others want it

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after they wrote the book right so

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instead what you have to do is you have

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to research what the market wants first

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make sure that other people are buying

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books on the topic before you even make

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a book so once you confirm that there is

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demand that people are buying books on

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it then you make a book on it okay

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people do it the other way around they

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write a book on whatever topic without

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doing any market research without any

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justification for the reason they make a

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book and then they're like okay how do I

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make other people want to buy this book

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and honestly if no one's looking for

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that topic if no one's interested in

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what you wrote then there's nothing you

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can do and you just wasted a crap ton of

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time so this is the biggest mistake

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beginners make you can do everything

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else right but if you mess up right here

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if you don't publish a book in a topic

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that's in demand then you will never

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make money so how do you validate if the

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book The topic that you're trying to

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publish in is profitable well it's as

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simple as asking yourself are there

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other books on the same topic selling

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well if not then what makes you think

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your book will sell a lot of people

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think that you know being first in the

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market is good now if you have some sort

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of proof that people are actually

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looking for the topic then that's great

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you know you can definitely be the first

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in the market and you can definitely

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make money but nine times out of 10 if

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you're the first in the market you will

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not make money because nine times out of

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10 there aren't other books on the topic

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because it's just not a profitable topic

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topic it's just because no one's looking

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for the topic it's not because you have

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this crazy genius idea it's because no

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one's interested in it okay once again

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there is a 10% chance that you might be

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a genius and you're you're the first one

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in the market but the chances aren't

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that good so competition is actually

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good right when you see competition

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other books on the topic already a lot

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of people get discouraged when that's

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actually a good sign because if there

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are other books selling on it once again

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that means there is demand and we want

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to look for that so if you're watching

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this if you're listening listening to

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this and you're like well Sean you know

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this kind of sucks I'm just an author I

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want to write books on whatever I'm

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passionate about I don't want to think

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about you know writing books for other

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people I want to write books for me well

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unfortunately that is not how the world

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works you know unless you don't care

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about making money if you don't care

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about making money you can write books

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on whatever topic you want to write

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about that is completely up to you but

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if you're here to make money you know

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you can't be complaining that you're not

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making money you're not making sales no

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one's buying your book if you're just

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writing a book on whatever you want to

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write about without doing proper market

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research so if you're here to make money

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you got to act like a publisher not just

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an author or writer right you got to

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learn basic market research and

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marketing all right so that was the

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first thing I wanted to get out of the

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way from here we're going to go even

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deeper and honestly this is something

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that really nobody else talks about and

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it's one of the biggest secrets to

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making more money in this sell

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publishing business and that is the

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concept of lifetime value so once again

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no one talks about this but if you

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understand this you will absolutely

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dominate in this business so LTV or

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lifetime value stands for how much you

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earn throughout the lifetime of the

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customer now your goal in this business

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is to increase this number as much as

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possible so let me give you some

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examples here so if person a buys one

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Kindle book at $299 from you Kindle book

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you know the average royalty if you

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price it at $2.99 it's about two bucks

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and if they only buy that the lifetime

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value of person a is $2 example number

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two if person B buys a Kindle book at

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$2.99 from you but they also come back

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because you got a good book right they

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like your book so they come back and buy

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your other books and you have three

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other books so they come back and buy a

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total of four books from you how much

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would you earn well once again the

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average royaly is about two bucks times

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four books that they bought meaning you

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made $8 from person B so the lifetime

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value of person B is $8 example number

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three person C they prefer to read

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paperback books right she buys your book

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loves it and comes back and you so

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happen to have a seven book series so

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she comes back and buy all seven books

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right or I guess six books cuz she

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bought one already so she buys all seven

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and she bought the paperback version of

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it so the average paperback royalties

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are $6 to $8 each so let's just say $6

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conservatively right so let's times six

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by seven books meaning you made $42 from

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person C so the lifetime value of person

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C is $42 and that is not all right you

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can do so much more like you can collect

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their email addresses from your book and

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you can keep marketing to them you can

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get additional reviews for your book you

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can pitch them your new release book

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once you have it you can pitch them your

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other books you can even sell affiliate

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products right when you sell affiliate

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products the average commission is

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between 50 to hundreds you know of

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dollars in commissions or you can even

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create your own course or services and

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sell them which typically is hundreds if

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not thousands of dollars so this is the

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secret to winning in publishing everyone

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thinks the secret is to profit from your

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first book that's great you definitely

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can do that but the true secret is to

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increase your lifetime value as much as

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possible so you can afford to spend more

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to make a sale so as an example if your

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average lifetime value of a customer was

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$20 so if on average your customers make

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you $20 in their lifetime do you really

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care if it costs you $3 to sell a Kindle

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book with a royalty of $2 if you only

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look at that initial sale you think you

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lost $1 from running ads you spent $3 on

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ads you made a sale for a Kindle book at

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$2.99 once again the royalties for that

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is about $2 so if you're only looking at

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that you're like I spent $3 to make $2

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back so I lost $1 my ads aren't

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profitable right however in reality you

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actually made $17 from all the other

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sales that you made to the customer

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because you spent $3 on ads you made a

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sale for the Kindle book the kind book

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was so good the customer loved it they

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came back and bought your other books as

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well as perhaps you collected their

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email address and now you're pitching

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them different products maybe your

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affiliate products your you know

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services I don't know what you're going

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to promote there's so many things you

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can do but the point is you made more

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money in the backend right and the

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actual profit could be $17 in this

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hypothetical example it could be lower

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it could be much higher than this

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depending on how you execute this but

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the point is a lot of people only focus

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on here right they're like oh I spent

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three bucks made a sale made two bucks

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back a lost money they don't realize all

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these things that are happening in the

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back end so your goal is to build out

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this system so that you can squeeze out

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as much money as possible from your

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customers in a ethical way of course by

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providing value so that they want to buy

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more of your books so this is the secret

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now you know this is how you win in

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publishing nobody else talks about this

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so if you truly understand this if you

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master this this is literally the best

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Secret out there in terms of winning and

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Publishing okay so the question you

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might have is how do you increase your

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lifetime value well number one you got

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to have a high quality book this is why

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I always preach having a high quality

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book because if your book sucks no one

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will ever come back and buy another book

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from you again number two is you want to

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build a series right you want to go deep

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instead of going wide going wide is like

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publishing a book on this pen name

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publishing a book on another Niche you

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know one Journal one non-fiction one

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fiction no one's going to come back and

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buy your books because it's not

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connected you want to have a series of

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books okay number three is build your

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audience you got to collect their email

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addresses you can build social media

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whatever way for you to reach back out

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and keep marketing to them that's what

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you want to do number four is you want

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to sell more than books you know think

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about selling affiliate products courses

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and services whatever that is related to

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your audience what you think you know

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they're interested in you want to go and

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pitch that because you're going to make

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so much more than just selling books so

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that was lifetime value really

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understand it implement it you will make

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a crap ton more money next one is

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Building Systems so you're most likely

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not going to make $110,000 a month from

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one book unfortunately that is the

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reality right you definitely can some

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people do it but it's not likely it's

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not the average okay but you also don't

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want to spam hundreds of low quality

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books you definitely don't want to do

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that so the key is to create a system

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where you can consistently publish Five

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Star Quality books every single month so

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I always say this you want to publish as

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many high quality books as possible you

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need a system to do that even if you

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cannot write or have no time how do you

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do this well you want to learn to hire

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top talents cheaply okay you can start

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by DIY meaning you know writing the book

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yourself and doing things yourself uh to

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keep the production cost low if you're

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on a lower budget but you want to invest

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the profits back into Outsourcing more

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so you can produce better books faster

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that's the keyword is better books

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faster okay so you want to do what you

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love good at so if you're good at

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writing you want to keep doing that

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while if you suck at designing you know

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the book cover maybe you can Outsource

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that first right so Outsource what you

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suck at do what you love at and you know

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that is how you want to keep building

play10:04

this business and start systematizing

play10:06

things so the task you can Outsource is

play10:08

bookwriting cover design formatting

play10:10

uploading Amazon ad literally anything

play10:13

else every single step in this business

play10:15

you can Outsource okay you can also do

play10:17

it yourself if you don't have the money

play10:18

but you can also Outsource the best

play10:20

platforms to find talents are upwork and

play10:22

Fiverr okay upwork and Fiverr these are

play10:25

the two platforms that you can hire

play10:27

pretty much anyone for any positions as

play10:29

an example here are some children's book

play10:31

illustrators that I found on upwork and

play10:33

you can see that you know this person

play10:34

lives in Vietnam right so she is a lot

play10:37

cheaper than if you would hire somebody

play10:39

in the US and this is the thing you know

play10:41

now you can hire top talents overseas

play10:44

for so much cheaper and her quality is

play10:46

really good you can see this is a pretty

play10:48

nice illustration right um so I've hired

play10:52

you know illustrations for literally $3

play10:54

a piece five bucks a piece it depends on

play10:56

complexity but you can see this one's 10

play10:58

bucks an hour from Armenia 10 bucks an

play11:01

hour that's really really good and

play11:03

obviously you have to talk to them and

play11:04

see how many hours it takes for them to

play11:07

go and create these images but I can

play11:09

tell you that it's it's not going to be

play11:10

that expensive okay and this is how you

play11:12

can start Outsourcing things this is

play11:14

just one example you can do ghost

play11:15

writing you can Outsource cover design

play11:17

I'll leave a link to this page if you

play11:19

guys want to go and start talking to

play11:21

these illustrators as an example and

play11:23

this is someone on Fiverr so this person

play11:25

there are many other gigs like this but

play11:27

you know this one I've worked with him a

play11:28

couple times he does a good job so I'll

play11:30

leave a link to this gig below this

play11:32

video as well but you can see that he

play11:34

will literally create a whole book cover

play11:35

for 30 bucks and if you pay a little

play11:37

more you can get a whole book interior

play11:39

plus a cover uh made for you so you

play11:41

don't even have to create the book cuz

play11:42

he will do it for you right and the

play11:44

designs are pretty good so my current

play11:46

team setup if you're curious is I have

play11:48

two ghost riters one editor two cover

play11:51

designers one formatter one Amazon ad

play11:54

specialist and one virtual assistant and

play11:56

they pretty much do all the work for you

play11:58

and that is how I only work on my Amazon

play12:00

KDP business around 30 minutes a week if

play12:02

not 1 hour a week and I can still

play12:04

maintain what I'm making now obviously

play12:06

you don't start off with hiring all

play12:08

these people right you start off doing

play12:10

everything yourself then you Outsource

play12:12

one task once that stabilizes you

play12:14

Outsource another task and you slowly

play12:17

start Outsourcing and you slowly start

play12:19

buying back your time and if you're

play12:20

scared of investing the money let's do a

play12:22

quick math here so if you're publishing

play12:24

a high content book you know which are

play12:27

non-fiction books fiction books these

play12:29

typically cost between $900 to

play12:31

$1,500 to make all in so we're talking

play12:34

the ghost writing the cover design

play12:36

formatting uh putting everything

play12:38

together and 1,500 bucks is more on the

play12:40

higher end so once again you can get it

play12:41

lower around $900 if not cheaper too so

play12:45

you spent that much to make the book A

play12:46

lot of people are scared of this right

play12:48

but if it does $500 a month profit you

play12:52

will make your money back in three

play12:53

months okay now if it does $300 a month

play12:56

profit which is very conservative a good

play12:59

high content book can do $500 a month

play13:01

you know if not a lot more

play13:03

conservatively if it does $300 a month

play13:05

profit you're making your money back in

play13:07

five months even at $150 a month profit

play13:11

you will make your money back in 10

play13:13

months now a lot of people might see

play13:14

this and they're like 10 months Roi that

play13:16

is a very long time well even a 10

play13:19

months Roi it's still significantly

play13:21

better than traditional Investments like

play13:22

stocks in real estate a lot of you guys

play13:25

might invest in real estate in stocks

play13:27

you know in real estate people spend so

play13:28

much much money upfront to acquire the

play13:30

property and the average Roi is 10% a

play13:33

year so 10% a year meaning to get to

play13:36

100% to make your money back you

play13:38

literally got to wait 10 years and that

play13:40

is considered a good investment so 10

play13:42

months is nothing compared to that and

play13:44

this is at a very conservative rate of

play13:46

$150 a month profit once again the

play13:49

average is about $300 to $500 a month so

play13:53

just to illustrate a point here we have

play13:55

one of our students who joined our

play13:56

program Henry he posted this in the

play13:58

Facebook group and he said back in 2015

play14:01

I published a high content book through

play14:02

KDP at the time it was earning around

play14:05

$150 per month I somewhat sidelined it

play14:08

because it didn't seem like a

play14:09

significant income however upon joining

play14:11

this program I reviewed his performance

play14:13

and was shocked to find out that it's

play14:15

been consistently generating income all

play14:17

these years accumulating a total of

play14:20

$115,000 needless to say I'm kicking

play14:22

myself for not diving deeper so that's

play14:24

the thing Henry published a book think

play14:26

it wasn't doing much forgot about it and

play14:28

he coming back because that book over

play14:30

the years made

play14:32

$155,000 and this is honestly a pretty

play14:34

typical story a lot of people they are

play14:36

very shortsighted they only look at this

play14:38

business from what's possible few months

play14:40

ahead but what you want to do is you

play14:41

want to step back and look at this from

play14:43

a perspective of what you can do in

play14:45

years not in months because you're over

play14:48

here building a nest deck that's how you

play14:49

want to look at this right every single

play14:51

one of your books will keep making money

play14:53

as long as it stays on Amazon and it'll

play14:55

build upon each other and it'll keep

play14:56

paying you for a very very long time and

play14:58

the good news is producing a book is

play15:00

getting faster and cheaper than ever

play15:02

before because of AI right so what used

play15:05

to take weeks can now be done in

play15:07

literally minutes what used to take

play15:08

hundreds of dollars can now be done with

play15:10

little to no cost or even free because

play15:13

AI is revolutionizing the book

play15:14

production process so the production

play15:16

costs of these books are going to be

play15:18

lower and lower and lower over time as

play15:20

AI improves while increasing its quality

play15:23

so AI is not going anywhere it is here

play15:25

to stay and you really should be taking

play15:27

advantage of this opportunity you really

play15:29

should be learning how to use AI

play15:31

properly because if you don't use it

play15:32

then everyone else will have a massive

play15:34

competitive advantage over you all right

play15:36

so the next thing I want you guys to

play15:37

keep in mind is you want to keep this

play15:39

simple okay if you're doing this to quit

play15:41

your job and achieve more freedom then

play15:44

why make your business so timec

play15:46

consuming you know publishing can be

play15:48

extremely simple or extremely

play15:50

complicated depending on how you build

play15:52

it I recommend you keep it very simple

play15:55

and the thing is you actually make more

play15:57

money by keeping it simple so this is

play15:59

the simple publishing business setup

play16:01

that I recommend uh this is the bers eye

play16:03

view of how it would look like okay so

play16:05

you have your traffic Source you know

play16:07

whether that's SEO whether that's social

play16:09

media whether that's ads Amazon ads

play16:12

Facebook ads whatever your preferred

play16:13

traffic source is that is how people

play16:15

will find your book once people buy your

play16:18

book read it hopefully they like it

play16:20

enough to go and buy your other books

play16:21

that is why you need a series of books

play16:23

you want to build a brand right so that

play16:25

they have repeat purchase potential now

play16:28

from there you will collect their email

play16:30

address right you will find a way to

play16:32

keep reaching back out to them keep

play16:34

talking to them keep selling them things

play16:35

from your emails you can send them back

play16:37

to your books so you can sell them your

play16:39

other books or you can also sell them

play16:41

your affiliate products courses Services

play16:43

whatever you offer in the back in that

play16:45

is it and this is the exact setup that

play16:47

people use to make six figures even

play16:50

seven figures a year right you don't

play16:52

have to over complicate this right you

play16:54

don't need a website you don't need a

play16:56

Facebook group you don't need a Twitter

play16:57

account you don't need to do anything

play16:59

you know yes I put social media social

play17:01

media perhaps Instagram Tik Tok that's

play17:03

probably the best places you know if

play17:04

Twitter works for you you should

play17:06

probably do it but you don't need a

play17:07

billion different social media sites

play17:09

right just focus on one you know you

play17:11

don't have to do a bunch of different

play17:12

things all you have to focus on is doing

play17:15

this and that is it so everything else

play17:17

is honestly unnecessary and the more

play17:19

steps you add in your business the more

play17:21

complicated it gets and the thing is

play17:24

your income does not go up parallel to

play17:27

how complicated your business becomes so

play17:29

just because you increased workload and

play17:31

complexity in your business doesn't mean

play17:33

your income will go up parallel to that

play17:35

in fact in business most of the time you

play17:37

make more money by keeping it simple in

play17:39

our case you just want to publish one

play17:41

good book after another and Market it

play17:43

that is how you build a six or seven

play17:45

figure publishing business with less

play17:46

than 10 hours a week next let's talk

play17:48

about book launch so you have to build

play17:50

your Arc team so the arc TEAM stands for

play17:52

advanced reader copy and these are

play17:54

people who will read your book for free

play17:56

in exchange for leaving a review you

play17:59

have to build a team or every single

play18:00

book you publish you will start from

play18:02

zero and you don't want that if you want

play18:03

to build a business you have to build a

play18:05

repeatable system that you can gather

play18:07

reviews okay so when you're building

play18:10

your Arc team you know it is a grind for

play18:12

your first book there's no way around

play18:14

that but you can reach back out to the

play18:16

same people who reviewed your first book

play18:17

for any future books right and that is

play18:20

another reason why you want to build a

play18:21

brand or else you're starting from zero

play18:23

every single time if you publish one

play18:25

book in a niche and then you publish

play18:27

another book in another niche then you

play18:29

have to rebuild your Arc team from

play18:31

scratch right but if you publish one

play18:33

book you gather your reviewers for that

play18:35

book you know when you publish another

play18:37

book in the same Niche then most likely

play18:40

those reviewers will be interested in

play18:41

the topic because it's related right so

play18:43

you can reach back out to them so you

play18:45

essentially have to build this once and

play18:47

you're good and your goal honestly

play18:49

should be to get to 100 reviews in your

play18:51

first month now if you think 100 reviews

play18:54

in a month is way too much yes I'm not

play18:56

saying it's going to be easy it

play18:58

definitely requires work but it's

play19:00

possible okay a lot of our students have

play19:01

done it as an example we have Edwin over

play19:04

here and he posted a win Wednesday post

play19:07

right and you can see here that I was

play19:09

challenged by one of our coach to get

play19:10

100 reviews for his book in a month and

play19:14

he just got it he's super hyped uh it

play19:17

didn't take a month it took one month

play19:18

and four days so we can count that it's

play19:20

close enough and he used the Facebook

play19:22

method so the Facebook method is

play19:24

literally going out to different

play19:25

Facebook groups and Gathering Arc you

play19:28

know reviewers we'll give you templates

play19:29

we'll give you what to say where to go

play19:31

those kind of things so you can just

play19:32

follow along and only nine reviews came

play19:34

from pubby right A lot of people rely on

play19:36

pubby and if that's the only way you're

play19:38

collecting reviews it's definitely not

play19:39

good because you're relying on a third

play19:41

party tool you don't want to do that

play19:42

right so you definitely want to start

play19:43

building your Arc team using other

play19:45

methods so once you get a lot of reviews

play19:47

your book launch will go a lot more

play19:49

smoothly and now it's time to explode

play19:51

the book sales with some ads now a lot

play19:53

of people struggle with keeping their ad

play19:55

cost low but that is because their

play19:57

listing is not optimized so the next

play19:59

thing you got to focus on is conversion

play20:01

rate optimization the reason why your

play20:03

Amazon ad cost is high is not because as

play20:06

are simply expensive it's because your

play20:08

conversion rate is low because with

play20:11

Amazon as you only pay when people click

play20:13

on your book meaning you know people are

play20:15

clicking on it and if they buy from

play20:17

those clicks then it's not an issue

play20:19

right your ad wouldn't be expensive it's

play20:21

only expensive because you get a lot of

play20:23

people clicking on it but no one's

play20:24

buying and that means there's an issue

play20:26

with your listing once people click on

play20:28

it they get to the product page

play20:30

something there is turning them off

play20:31

right that is why people are not buying

play20:33

so you definitely want to fix that and

play20:34

you fix that by creating a 10 out of 10

play20:36

listing so this is what we like to say

play20:38

in our program in our group right we

play20:40

always say you want to create a 10 out

play20:42

of 10 listing absolutely Perfection you

play20:44

know there's no other way to improve

play20:46

your book because your book cover is

play20:47

perfect your title is perfect your

play20:49

description A+ content reviews

play20:51

everything is on point so you want to

play20:53

make sure everything is optimized with

play20:55

proper images graphics and copywriting

play20:58

and just to the point where there's

play21:00

nothing else you can do to improve the

play21:02

product because it's just absolutely

play21:03

perfect so we always say that by 2030

play21:06

the Amazon KDP space will be dominated

play21:08

by royalty hero students because that is

play21:10

how freaking good their books are right

play21:12

we hyper optimize literally everything

play21:14

from title cover description A+ content

play21:17

reviews even bonuses and even you know

play21:19

video testimonials or video reviews so

play21:22

we get everything we can to really make

play21:24

the listing as attractive as possible

play21:26

and we just created a book that's so

play21:28

good that no competition can come close

play21:30

to it and that should be your goal too

play21:32

so the next thing the next concept is

play21:34

that you don't want to just rely on

play21:35

Amazon so a lot of people stop with just

play21:37

publishing a book on KDP and not realize

play21:41

that there are seven other ways to make

play21:43

money from the book the work that you've

play21:45

already done okay so you can publish

play21:47

your book on Audible publish it as an

play21:49

audiobook you can publish it on Ingram

play21:51

spark to distribute your booked over I

play21:53

believe 50,000 60,000 additional stores

play21:56

you can do draft to digital Google Play

play21:58

find a way voices even bundles and

play22:00

translations especially the audiobook is

play22:02

something that you definitely don't want

play22:04

to sleep on because you can see that

play22:05

this is a statistics of the audiobook

play22:08

Market it is growing exponentially and

play22:10

we're here in 2024 it's projected to

play22:13

Triple size by 2030 literally within 6

play22:16

years so you definitely want to position

play22:17

yourself uh to where your books are

play22:20

ranking already right now because you

play22:22

know once the market grows a lot more

play22:24

customers come into these audiobook

play22:26

platform your books are there ready to

play22:28

be read or listened to right so you

play22:30

definitely want to take advantage of it

play22:31

right now and that is why I like high

play22:34

content and I don't do a lot of low

play22:35

content books because you cannot turn a

play22:37

low content book into an Audi book most

play22:39

likely you cannot turn a journal or a

play22:41

planner into an Audi book so the biggest

play22:43

challenge with high content is the cost

play22:45

of production so we should be thinking

play22:47

how can we produce a high quality high

play22:50

content Book for a cheaper price and

play22:53

that is where AI comes in you can also

play22:55

write the book yourself that's going to

play22:56

save you a lot of money but AI Al will

play22:58

save a ton of money so that's why we

play23:00

want to start utilizing AI to bring our

play23:02

production cost down while not bringing

play23:05

our quality down we want to keep our

play23:06

quality the same if not higher so I

play23:09

highly recommend you guys eventually get

play23:10

into high content especially audiobooks

play23:12

so hopefully this video showed you some

play23:14

Concepts that maybe you haven't heard

play23:16

before and kind of open your eyes into

play23:20

you know what you should be working on

play23:21

in your business to build a six or seven

play23:23

figure publishing business so you guys

play23:25

can go and implement this in your

play23:26

business and if you want to work with me

play23:28

and my team of coaches uh directly

play23:30

oneon-one to take your business to the

play23:32

next level then you can apply to the

play23:33

road hereo program from the link below

play23:36

this video it's going to take you to a

play23:37

quick survey to fill out and you can

play23:38

book a discovery call from there we

play23:40

don't work with absolutely everyone

play23:42

because you do have to make some

play23:43

investments into your business so we

play23:45

only work with serious people but if

play23:47

that's you and you want to learn more

play23:48

then you can do so from the link below

play23:50

so with that being said thanks for

play23:51

watching leave a like subscribe I'll see

play23:53

you guys in the next one

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