Income Report Amazon KDP | 20 Coloring Books = How Much Money?
Summary
TLDRThe 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.
Outlines
📈 Earnings Breakdown of Coloring Books on Amazon KDP
The speaker discusses their experience creating and selling coloring books on Amazon KDP for nearly a year. They provide a transparent view of the performance of their first 20 books, including sales, ad spend, and overall profit. The video aims to reveal the number of coloring books needed to earn £1,000 per month. The speaker is based in the UK and uses English Pounds for all financial figures. They note the importance of timing, niche research, and keyword ranking for successful sales, with 'Dinosaurs in Space' and 'Lucha Libre Wrestling' being top sellers. The fluctuating sales post-Christmas are also highlighted.
📊 Analyzing Sales Performance and Ad Spend
This paragraph delves into the specifics of the speaker's ad spend across different countries and the resulting sales figures. They reveal the total revenue generated from the 20 coloring books, which amounts to £1,384.29, before taxes and ad costs. The speaker emphasizes the importance of not only creating the books but also investing in ads to boost visibility and sales. The paragraph also discusses the varying performance of different books, with some generating significant revenue and others struggling to sell, illustrating the unpredictable nature of book sales on Amazon KDP.
💰 Calculating Profits and Long-Term Earnings Potential
The speaker provides a detailed account of their expenses, including the cost of using AI for creating coloring pages and ad spending. After subtracting these costs from the total revenue, they reveal a profit of £661.29. The paragraph also considers the ongoing potential for earnings from the books, suggesting that while the initial profit may not be substantial, the books could continue to generate income over an extended period. The speaker also discusses the importance of improving keyword ranking and ad strategies to increase future earnings.
🚀 Scaling Up: From Part-Time Side Hustle to Full-Time Income
In the final paragraph, the speaker contemplates the scalability of their coloring book business, aiming to increase the volume of books and improve their marketing strategies to boost earnings. They acknowledge the time and effort invested in creating the books part-time around a full-time job and the tax implications of their earnings. The speaker provides a realistic assessment of the potential to make a significant income from selling coloring books on Amazon KDP, suggesting that creating around 200 books might be necessary to achieve a monthly profit of £1,000. They conclude by inviting viewers to follow their journey as they aim to increase their book sales and revenue.
Mindmap
Keywords
💡Amazon KDP
💡Coloring Books
💡AI
💡Sales
💡Revenue
💡Ad Spend
💡Profit
💡Niche Research
💡Keywords
💡Organic Sales
💡Tax
Highlights
The creator has been making coloring books for Amazon KDP for almost a year.
The first 20 books were analyzed for performance, with complete transparency on titles and earnings.
A significant boost in sales occurred in December due to the Christmas season.
Dinosaurs in Space and Lucha Libre wrestling coloring books were the top sellers.
The importance of ranking for keywords and organic sales was emphasized for long-term profit.
The creator used AI to improve the quality of coloring books, especially in the last six months.
Sales data showed a steady growth after the initial drop post-Christmas.
The creator spent 723 pounds on ads to boost sales and ranking of the coloring books.
The lifetime value of the books is still being assessed, as they continue to generate sales.
The creator made a total of 1,384 pounds and 29 Pence in royalties over seven months.
After ad spend and expenses, the net profit was 491 pounds and 29 Pence.
The creator plans to grow their following and create more books for increased volume and revenue.
Tax implications were discussed, with 40% tax rate applied to the earnings.
The take-home profit after tax and expenses was calculated to be 294 pounds and 77 Pence.
To achieve a monthly profit of a thousand pounds, approximately 194 books would need to be created.
The creator aims to improve niche research and ad strategies for better performance in the next 20 books.
An honest account of the creator's experience with Amazon KDP was provided, setting realistic expectations.
Transcripts
how many coloring books does it take to
make 1 000 pounds on Amazon per month
stay tuned to find out
I've been making coloring books for
Amazon KDP now for almost a whole year
so let's take a little look at the first
20 books I've created and see how
they've performed
in this video I'm going to be completely
transparent with all my titles how much
every single book has made how much
money I've spent on ads in order to
gather the sales right at the end of the
video we'll look at the total profit and
then I'll also tell you how many
coloring books you need to make in order
to make a thousand pounds a month
so just to caveat this video
everything's going to be done in English
Pounds seeing as I'm based in the UK but
hopefully for everyone else it's pretty
easy to understand how much that is for
you in your country
so ever since mid-journey came out last
year I've been using AI to create
coloring books
quality of those coloring books has
improved drastically especially over the
last sort of six months so we're gonna
have a quick look at 20 of my coloring
books from the first one I ever made up
until the last one I produced maybe a
couple of months ago so let's look at
these 20 books on the Amazon KDP
royalties dashboard and see how many
sales we've made over the past
approximately seven months
so as you can see here we started
publishing coloring books towards the
end of November in 2022.
fortunately for me this was just in time
for that December Christmas boom on
Amazon and therefore we got a nice boost
in December
but then as you can see after that there
was a big drop off but then they have
steadied and and shown a little bit of
growth every month
so I started with a dinosaurs in space
coloring book and a Lucha Libra
wrestling coloring book
those were the two that really took off
in December and got most of the sales
but then as you can see here on the
December bar we did start publishing a
few more in time for Christmas
I also don't think it's a coincidence
that these two tended to be our best
sellers most of the months so it kind of
shows that once something starts selling
once something starts ranking for a
keyword that you're going to get organic
sales along the way for a good period of
time
so for the past seven months the
dinosaurs in space has been my number
one coloring book every single month
and if we scroll down we can see our top
selling coloring books over the past
seven months
okay so number one dinosaurs in space
this was my first ever coloring book uh
I did put a lot of time and effort into
it and did some Niche research around
dinosaur clearing books for adults so it
ranks quite well for a few keywords and
the interior is really really nice
especially for mid-journey at that time
this was created back in November as I
mentioned
um so if I was to recreate this book now
it would be a lot stronger but it's
still a really fun coloring book and the
reviews have generally been really
positive about this book
so this one has sold 223 copies over the
past seven months
coming down to the wrestling coloring
book Lucha Libre one we sold 93 of those
and as you can see here the majority of
our sales are in the US but then we do
have a good amount in the UK and some in
Canada and just occasional purchases in
other countries
coming down further we've got a lazy
Labrador coloring book I wanted to
Target the dog lovers Niche
um I did find it quite hard to get this
one to rank and most of these uh orders
were actually from ads in the end and
I've not really got this one to rank
very well for keywords so I'm not sure
how many that's going to sell moving
forward
then we have another dinosaur coloring
book I created this one because of the
popularity of of the first one the
dinosaurs in space coloring book but as
you can see here it's only got 10 of the
sales of the first one so it also shows
that Amazon publishing can involve a bit
of luck uh it can be about the time that
you publish what keywords you end up
ranking for how the ads perform and all
of that can help generate your organic
sales which is where you're going to
make the most money in the most profit
in the long term so this one didn't
perform as well as the dinosaurs in
space one
and then coming down we've got a few
more we have an insects coloring book
which ranks pretty well but there's just
not that much demand for the keywords
that I ended up ranking for
I tried a few different fun ones here so
we've got the book of beards again I was
thinking like really Niche down uh beard
coloring book found it quite easy to
rank for that keyword but again I think
outside of Christmas how many people are
really going to be searching for that
and probably not that many and the sales
kind of show that
um I then went a bit broader with a fish
coloring book I think this is probably
one of my best covers you can see here
it stands out really nicely on thumbnail
view uh it's using a later version of
mid Journey so the pages are really nice
but again the sales are pretty low
so I'm still working on that one with
getting the keywords to rank for fish
coloring book fish color in the book for
adults Etc but I'm hoping that come
Christmas some of these books will start
taking off and getting a few more sales
and then moving down to some of the ones
that didn't really perform very well
you've got an alien coloring book
a cat's in space coloring book again
trying to play on the popularity of the
dinosaur dinosaurs in space I thought
maybe a cat's in space and again I'll
try that again here with the dogs in
space but you know even though that this
is one of my favorite coloring books
that I've ever created the dogs in space
one
it's got six sales and I think every
single one of those was fire ads so
it kind of shows that it doesn't really
matter how good your coloring book is
it's all about ranking for those
keywords or getting it out there and
getting sales
uh we've got a few more here Sweet
Treats a hipster coloring book
this was my uh kids Halloween coloring
book that I was trying which I found it
really hard to to get sales for I found
that the kids Halloween uh keywords very
very expensive
um and so I ended up turning off Those
ads and just uh accepting that that one
might not sell
we've then got a swear word coloring
book which uh the ads don't work for con
I can't run ads for that book due to
swearing so they were just four organic
sales I think they were like me and my
friends
um and then you've got a few here which
we've got a couple of sales
so you can actually see here the bottom
before
uh this one actually bought a copy
myself so the bottom four have got zero
sales on Amazon apart from this one
which is the one that I bought for
myself so out of the 20
4 have got zero sales
so that's about 20 of the books that
I've created have literally not sold at
all it'd be really interesting to hear
if that's uh similar with you so for me
it seems like one or two tend to perform
really well you've then got a decent
amount kind of in them in the middle and
then the bottom twenty percent just
aren't selling okay so overall we
managed 534 sales for the 20 books
pretty much over the past seven months
but I suppose what you want to know is
how much money that is and so those
orders equate to 1
384 pounds and 29 Pence
so what you need to remember about this
figure is that it doesn't include any
tax and it doesn't include any AD spend
or expenses so this is the amount of
Revenue that I've brought in for myself
that will have to take tax off of
that'll have to take expenses out of
which we'll go into a little bit later
but for now let's have a little look at
how much money each book has made as you
can see here the dinosaurs in space
coloring book has made 603 pounds over
the past sort of seven months so that
kind of shows the power of Amazon KDP uh
once you start ranking well for a
keyword and get those sales coming in
coloring books can make a decent amount
of money
but then as we scroll down you can kind
of see a lot of these books are making
sort of between
10 and 80 pounds so that's not really
much money especially if you need to pay
for cover creation and taking into
account how much time that you're going
to spend on these books
then then scrolling right down to the
bottom seven of these 20 books haven't
even made 10 pounds and that is the
experience that I've found so far with
Amazon KDP
you either rank well and sell well or
it's very very hard to sell your books
so if I'm looking at this and thinking
are my best coloring books selling the
best my answer would actually probably
be no
I think the reason why this dinosaurs in
space book is selling so well and has
sold so well is I released it just
before Christmas so there is an active
audience there looking for coloring
books
um I investigated the niche and I was
trying to rank for some key keywords
that I knew people were searching for
and then I've then had organic sales
coming to that book from those keyword
Search terms
the wrestling coloring book actually got
a few sales organically through Reddit
and Facebook
and then the rest of the sales have
pretty much been through ads and some
organic Search terms
so if I was taking some learnings from
this it would probably be release your
book a month and a half to two months in
advance of when you're trying to like
get that big sales push so if you're
releasing a Christmas coloring book you
might want to release at the end of
October early November go hard on your
ad spend and then hopefully you'll get
those organic sales when people are
searching for it as well
and so this is the amount of money I've
made off these 20 books but there's
nothing to say that these won't continue
selling and making me money over the
next one to 10 years even so that'll be
something interesting to come back to
and actually figure out what the
lifetime value is of these books because
they are still generating a few sales
per month but I think this is a really
good indication for now especially
within the first first sort of seven
months of how much money you can expect
to make on your coloring books
the one thing I do want to say is that
if you just create 20 coloring books
upload them to Amazon don't put the
niche research in and don't spend any
money on ads you probably won't make
that you probably won't even make that
much money
so as you'll see soon we'll go into how
much money I've spent on ads which has
helped to rank some of these coloring
books for their keywords and help to
almost get the ball rolling with Amazon
with pushing those books out and getting
sales
okay so going on to ad spend there are
20 books here I've got tons of campaigns
running for them across multiple
countries so I had to go and tally up
how much money I've spent on ads in the
past sort of seven eight months on these
books and the results are I've spent 230
pounds in the UK Marketplace
582 dollars in the U.S Marketplace
thirteen dollars and twenty cents in
Australia
and seventy dollars in Canada
so once I've changed all of those values
to pounds and rounded it up a little bit
I have spent approximately
723 pounds on ads on these books now if
you're not great with maths don't worry
I'm going to put the numbers on the
screen right now and that we and we can
see from the royalties of 1 384 pounds
and 29 Pence
taking off the ad spend of 723 pounds
that we have made
661 pounds and 29 Pence on these 20
bucks
however in order to make these coloring
books we had to make the coloring pages
which kind of makes sense as mentioned
I've been utilizing mid-journey AI to
create these coloring pages and that
costs approximately 30 pounds a month I
did have a break for one month which
I've taken off and I did a couple of
months on a lower tier so over those
seven months my mid-journey expenses has
been 170 pounds approximately give or
take and in terms of other expenses I
could take up other things like a
creative Fabrica subscription but those
are things I already had in place and
that aren't bespoke to these coloring
books and I would have had anyway so for
this video the only expense I'm going to
remove is the mid-journey cost now
if we're taking that 661 pound profit
minusing the expense of mid-journey
we come out with
491 pounds and 29 Pence
so almost 500 pounds that is how much
money I have made off of my first 20
coloring books across the last seven
months now has it been worth all of my
time and effort to make these coloring
books in order to make 500 quid
definitely no is the short answer but
what I'm hoping to do is to grow my
following to create more volume of books
and as it keeps growing and growing and
growing I'm hoping to make more and more
money
also over the long term I'm hoping that
these books continue to earn a small
amount of money which will keep
improving the amount of profit that I
make
I'd also like to think that I'm getting
better at needs to research I'm getting
much better on my Amazon ads and turning
off ads that aren't working properly
trying to make the books rank for
keywords Etc so I'm hoping that this is
a really good starting point to build on
with my first 20 books and then for my
next 20 books I hope to make even more
money
so one thing I've not mentioned yet
about these books is I was creating them
part-time around a full-time job so I
also need to pay tax on these earnings
and I'm not sure if you know how the UK
tax system works but with the amount of
money I made through other income these
books would be taxed at 40 percent so
the amount of tax I'd have to pay on
this would be approximately 196 pounds
and 52 Pence
that actually means the total amount of
money I have in my pocket after paying a
tax man after paying all of my expenses
from all the time and effort spent
making 20 coloring books is
294 pounds and 77 Pence
whilst that is not a lot of money over
seven months it is additional revenue
and the idea is this is going to create
income over a large amount of time and
that I can keep replicating this success
building on it and making more profit
over the next 20 40 60 80 coloring books
breaking this down because tax differs
in different countries and you might not
need to pay tax if you're below a
certain threshold
the amount of money that I've made per
book is 24 pounds and 56 Pence
and then taking off the tax for me that
means that each book has made me a take
home of 14 pounds and 63 Pence
that means for every coloring book I
create I can expect to make about 15
quid
now you know that are you still gonna
pump out all of those coloring books
I hope so
this is of course just my experience
with these coloring books some people
might have made no money other people
might have made 50 000 off of 20 books
you just don't know this is just an
honest account of my experience
publishing on Amazon KDP
the aim of this channel my aim and
hopefully your aim as well is to
generate some decent income through
selling books
if we take a thousand pounds profit as a
good first Target using this data we can
see that you would need to create
approximately
194 coloring books to make a thousand
pounds profit and if you're doing this
around a full-time job and you are
within that 40 tax bracket for example
you might even need to make over 300
coloring books to hit a thousand pounds
take home every month
for now we're going to focus on the
profit area so just under 200 books
that's 10 times what I've done in the
past six months
now I'm getting quicker at my coloring
books my coloring books are getting
better AI is getting better and that
gives me a good Target to aim for and
the hope would be within those 200 books
that I create some of them are going to
rank better for keywords some of them
might go viral on social media and get
shared around and then hopefully you're
also going to continue to generate money
over the long term as well
so I always love to look at data like
this what it does is it just puts it on
the page there it shows how much money
I've made per book and it shows me how
many books I would need to make in order
to generate a thousand pounds profit a
month
unfortunately this video isn't one of
those where I claim to have made twenty
thousand dollars from a single coloring
book you know those are few and far
between and I feel like this is a
slightly more realistic look at what
publishing on Amazon KDP could look like
especially for newcomers who haven't got
the head completely around ads yet as I
had in a few months ago
what I think would be really useful is
in say six months time have a look at my
next 20 coloring books knowing adds a
little bit better creating better
products and seeing how they're
performing compared to these 20. that'll
give us even more data and then we're
well on our way to creating those 200
coloring books that I need to make a
thousand pounds per month I hope that
you found this honest and transparent
review of my first 20 coloring books
useful don't forget to hit that like And
subscribe button and I'll see you in the
next one
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