How I Made $7,500 in ONE WEEK Selling an E-Book

Simon Høiberg
11 Nov 202113:03

Summary

TLDRThe video script details the journey of launching an ebook, highlighting the importance of marketing and community building over the writing process itself. The speaker, Simon, a software developer and startup CEO, shares his personal experience of creating an ebook on JavaScript best practices, which he successfully sold, earning over $7,500 in the first week and a consistent $2,500 monthly. He emphasizes the need for a marketing budget, leveraging influencer marketing, pre-launch strategies, email marketing, and paid ads to reach the right audience. Simon also stresses the significance of choosing a topic you're deeply familiar with to streamline the writing process. The summary teases the upcoming part two, promising detailed insights into email sequences, social media conversion campaigns, and crafting compelling launch posts.

Takeaways

  • 📚 **Choosing the Right Topic**: Select a topic you're deeply familiar with to write your ebook, which will save time and effort.
  • 💰 **Financial Investment**: Allocate a budget for the ebook cover, proofreading, and marketing to increase your chances of success.
  • 📈 **Marketing Over Creation**: Spend more time on marketing and distribution than on creating the ebook itself, as this is often where success lies.
  • 🎓 **Leverage Your Expertise**: Use your existing knowledge to write the ebook, avoiding the need to learn something new during the process.
  • 📈 **Influencer Marketing**: Partner with influencers who can promote your ebook to their followers, potentially increasing sales.
  • 🚀 **Pre-launch Strategy**: Build hype and interest by talking about your ebook before it's released, and consider a pre-launch offer.
  • 📧 **Email Marketing**: Collect emails from free giveaways to build a list of leads for your launch, as email marketing has high conversion rates.
  • 🎯 **Targeted Advertising**: Use paid ads on platforms like Facebook and Google to target the right audience effectively.
  • 📉 **Avoid Overextension**: Focus on one or two acquisition channels to avoid spreading yourself too thin and to manage your efforts effectively.
  • 💌 **Email Drip Campaigns**: Develop an email sequence to nurture leads and convert them into buyers, which can significantly boost sales.
  • 📉 **Conversion Optimization**: Create compelling launch posts and set up conversion campaigns to maximize the effectiveness of your marketing efforts.

Q & A

  • What is the main topic of the video?

    -The main topic of the video is discussing the strategies and experiences related to launching and selling an ebook, particularly focusing on why some ebooks perform well while others do not.

  • What is the speaker's background before creating the ebook?

    -The speaker is a software developer and startup CEO with a background in sales and freelance software engineering.

  • What is the title of the ebook created by the speaker?

    -The title of the ebook is 'Javascript in the Industry'.

  • How much did the speaker spend on creating the ebook cover and proofreading?

    -The speaker spent $47 on the ebook cover and $52 on proofreading.

  • What was the speaker's total expenditure on marketing the ebook in the first week?

    -The total expenditure on marketing the ebook in the first week was $531.

  • What was the speaker's strategy for creating trust and collecting emails before launching the ebook?

    -The speaker gave away a free ebook to create trust and authority, and to collect emails of potential customers.

  • How much revenue did the speaker make from the ebook in the first week of sales?

    -The speaker made $7,980 in gross revenue from the ebook in the first week of sales.

  • What is the speaker's advice on choosing a topic for an ebook?

    -The speaker advises choosing a topic that you are very familiar with, to the point where you could almost write about it in your sleep, in order to save time and energy.

  • What are some of the marketing strategies the speaker used to promote the ebook?

    -The speaker used influencer marketing, pre-launch hype, retargeting existing leads through email marketing, and running paid ads on social media platforms.

  • How did the speaker use the process of writing an ebook as a learning opportunity?

    -The speaker did not use the process of writing an ebook as a learning opportunity. Instead, they chose a topic they were already deeply familiar with, allowing them to focus on the business aspect of selling the ebook.

  • What is the significance of building a community and owning sales channels for successful info product sales?

    -Building a community and owning sales channels is significant because it allows creators to have direct control over their marketing and distribution, which are crucial for successful sales of info products.

  • Why is it important to spend time on marketing and distribution rather than just creating the ebook?

    -It is important because even a well-written ebook will not sell if people do not know about it. Marketing and distribution efforts are key to reaching the target audience and generating sales.

  • What is the role of email marketing in the speaker's strategy?

    -Email marketing plays a crucial role as it allows the speaker to reach a targeted audience directly. It is used to send out discounted offers and to keep the audience engaged and informed about the product.

  • Why did the speaker choose to give away a free ebook before launching the paid one?

    -The speaker gave away a free ebook to create trust and authority, to demonstrate the quality of their writing, and to collect emails of interested individuals, which later became a list of qualified leads.

  • What is the speaker's stance on using paid ads for marketing the ebook?

    -The speaker is positive about using paid ads, stating that they are a reliable and relatively inexpensive way to reach a large audience. They mention that platforms like Facebook and Google offer effective targeting options.

Outlines

00:00

🚀 Launching an eBook: Strategies and Insights

The speaker, Simon, introduces his experience with launching an eBook and emphasizes the importance of concentration during the process. He discusses the disparity in earnings among influencers when launching eBooks and shares his own successful experience, making over $7,500 in the first week and $2,500 monthly thereafter. Simon clarifies that there's no magic trick to success but rather a methodical approach involving marketing, distribution, and sales skills. He also stresses the significance of community building, email list creation, and free knowledge sharing before monetization. The video promises to cover what makes some info products perform exceptionally well.

05:01

📈 Financial Breakdown and Time Investment in eBook Creation

Simon provides a financial breakdown of his eBook launch, including costs for cover design, proofreading, and marketing through Instagram and paid ads, totaling $531. He details the sales figures, with 480 copies sold at a discounted launch offer, resulting in a profit of around $7,450. He also outlines the time spent on various tasks, such as writing, website creation, email marketing, and additional marketing efforts, amounting to 40 hours. Simon advises choosing a topic for the eBook that one is already well-versed in to minimize the learning curve and maximize efficiency. He also delves into different marketing strategies, including influencer marketing, pre-launch hype, and retargeting existing leads.

10:03

🎯 Marketing Strategies for eBook Success

The paragraph discusses various marketing strategies that can be effective for an eBook launch. Simon shares his personal strategies, which include giving away a free eBook to build authority and collect emails, setting up a website for monetized eBook sales, collaborating with tech influencers for promotion, and running paid ad campaigns on Twitter, YouTube, and Facebook. He emphasizes the importance of choosing one or two acquisition channels for conversion and warns against spreading efforts too thin across multiple channels. The paragraph concludes with a teaser for part two of the video, where Simon will elaborate on email drip sequences, conversion campaigns, and creating effective launch posts.

Mindmap

Keywords

💡Ebook Launch

The process of releasing an ebook to the public for the first time. In the video, the creator discusses their experience launching an ebook they had been working on for months, which is central to the video's theme of digital product creation and sales.

💡Social Media Marketing

Using social media platforms to promote a product or service. The video emphasizes the importance of social media in marketing an ebook, with the creator mentioning writing a post to launch the ebook and using platforms like Instagram and Twitter for promotion.

💡Influencer Marketing

A form of marketing where influencers with a significant number of followers are paid to promote products. The video discusses leveraging influencers for ebook promotion, with the creator sharing their strategy of making agreements with tech influencers for retweets and promotion.

💡Pre-sales

Sales that occur before a product is officially released to the market. The script mentions the potential for significant income from pre-sales, which is a key strategy for generating early revenue and interest in the ebook.

💡Digital Products

Products that are distributed in digital form, such as ebooks and online courses. The video's main theme revolves around the creation and sale of digital products, with the creator sharing their personal experience and strategies for success in this area.

💡Email Marketing

The use of email to market products or services, often involving building an email list for targeted communication. The creator highlights email marketing as an underrated but effective strategy, mentioning the collection of emails for future promotional campaigns.

💡Paid Advertisement

A form of advertising where the promoter pays for the placement of their ads on various platforms. The video outlines the creator's use of paid ads on Facebook and Twitter to boost the visibility and sales of their ebook.

💡Affiliate Programs

Programs where affiliates earn a commission for promoting and selling a product. Although not explicitly detailed in the script, the concept is implied in the discussion of influencer partnerships and sales channels.

💡Content Marketing

A strategy that involves creating and distributing valuable, relevant, and consistent content to attract and engage a clearly defined audience. The video's creator talks about sharing knowledge for free as a way to build trust and authority, which is a form of content marketing.

💡Conversion Rate

The percentage of viewers or users who take a desired action, such as making a purchase. The script discusses the importance of conversion rate in relation to marketing strategies and how the creator aimed to optimize it through various tactics.

💡Monetization

The process of generating revenue from a product or service. The video's central theme is the monetization of an ebook, with the creator detailing the financial aspects of launching and selling their digital product.

Highlights

The speaker has been working on an ebook for months and is about to launch it.

Influencers with over 20,000 followers can make less than $500 on average when launching an ebook, while some make several thousand dollars in pre-sales.

The speaker made over $7,500 in the first week of sales from their first ebook and continues to make around $2,500 monthly.

Successful info products often come from creators who spend time on marketing, distribution, and sales, not just writing.

Top sellers prepare for the launch, build community, create sales channels, and have been sharing knowledge for free before asking for money.

The speaker is a software developer and startup CEO who wrote an ebook on best practices for writing industry-level JavaScript.

The total expenses for creating and marketing the ebook in the first week were $531, resulting in a profit of around $7,450.

The speaker spent more time on marketing and distribution than on creating the ebook itself.

Choosing a topic you're very familiar with can save time and energy, allowing you to focus on marketing.

Influencer marketing, pre-launch strategies, retargeting existing leads, and paid ads are effective ways to market an ebook.

The speaker gave away a free ebook to create trust, establish authority, and collect emails for a future launch.

Email marketing has a high click-through rate and is an effective way to reach a target audience.

Paid ads on platforms like Facebook and Google are reliable and can be set up with a small initial budget.

The speaker's strategy resulted in $7,500 worth of sales in the first week and continues to generate around $2,500 per month.

In part two of the video, the speaker will detail the email drip sequence and conversion campaigns that contributed to sales.

The importance of creating a compelling launch post that stands out and converts is emphasized.

The speaker encourages viewers to subscribe and turn on notifications to not miss part two of the video.

Transcripts

play00:04

hey guys i need you to be a bit quiet

play00:06

i'm back here and i'm about to launch an

play00:09

ebook that i've been working on really

play00:11

hard in fact i've been working on this

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one for months i'm just about to launch

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it sales will start pouring in

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please i'm trying to concentrate sorry

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[Music]

play00:22

so

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how will i launch this

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by writing a post on social media

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[Music]

play00:31

all right i'm ready let's launch it

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[Music]

play00:48

i know influencers with more than 20 000

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followers who make less than 500 on

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average when they launch an ebook then i

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know some who make several

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thousand dollars just in pre-sales i

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launched an e-book myself recently it

play01:01

was my first one but i wanted to try it

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out it took me a few evenings to write

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and contrary to the intro before i

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actually made more than 7

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500 in the first week of sales today i

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still make around two and a half

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thousand dollars on it every month why

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do some info products perform well why

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do some perform insane when others seem

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to go by almost unnoticed

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that's exactly what i'm gonna cover in

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this video a quick disclaimer though if

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you think i'm gonna give you some magic

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trick that you can go and apply and go

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out there and make seven thousand five

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hundred dollars out of the blue you're

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gonna be disappointed in fact you might

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as well just leave now and go find

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something more entertaining to watch on

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the other hand if you're curious about

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what makes the difference and how to

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actually go about selling an ebook in a

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world where people on the internet try

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to stuff ebooks down your throat left

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and right then keep watching till the

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end of this video because i'm gonna

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explain exactly how to do this the right

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way let's get started

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if you're new to my channel welcome here

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i'm simon and i make money on the

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internet i use this youtube channel to

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share my experience with creating and

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selling digital products so if this is

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something that interests you you should

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totally subscribe to my channel so

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ebooks and online courses can you really

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make money from these obviously the

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answer is yes and still most people

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don't let's break this down the model

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most people follow goes something like

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this you start by narrowing down a topic

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you want to write about you spend hours

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structuring writing proof reading and

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perfecting you make a lot of research

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because you're selling this you don't

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want people to pay for something that's

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not correct which is why you double

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check every other sentence i also know a

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lot of ebook writers that use the

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process of writing an e-book as the

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perfect learning opportunity a great

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opportunity to dig deep into a topic and

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learn a lot about it along the way at

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some point the work is done you upload

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it on coursera udemy or gumroad and you

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share the link on social media and you

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make almost no money at all why how do

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west boss adam marthan and kent c doss

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make millions on their ebooks and

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courses is it because they have a lot of

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followers

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not really in fact they have a lot of

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followers for the same reason their

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products do well yes you guessed it

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because they're good at marketing

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distribution and knows how to sell and

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that's the part most ebook creators

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completely leave out they spend hours

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writing and then they almost leave it up

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to random chance whether someone is

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going to buy it or not when top sellers

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make a lot of money from their info

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products is because they spend a lot of

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time preparing the launch every single

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time they spend years building community

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creating and owning their sales channels

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building email lists attending

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conferences and spreading awareness

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preparing and running paid advertisement

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creating affiliate programs for their

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products and most importantly they have

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been sharing knowledge and giving away

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for free for a long time before starting

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to ask for people's money and i know

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exactly what you're thinking i'm out

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info products is never going to be my

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thing might as well just stop this video

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right now but wait i know where you're

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coming from there's so much work needed

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to become that successful but let's back

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up here

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maybe we don't need to make millions as

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i said i made more than seven thousand

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dollars in the first week from my ebook

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and two and a half thousand dollars per

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month ongoing that's also pretty good

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now that i'm not a full-time ebook

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author or course creator and the great

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thing about it is you can do it as well

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it still takes a lot of work but

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realistically you can do it so here it

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goes let me break down how i did this

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how i spent my time how much it cost and

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most importantly which strategy i used

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to make sure that i actually sold copies

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of this ebook so for those of you who

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don't already know i'm a software

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developer and startup ceo and before

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creating my own tech startup i've been

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working in sales and as a freelance

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software engineer and the ebook i

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created and sold is called javascript in

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the industry and it's a collection of

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best practices and tips on how to write

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industry level javascript based on my

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experience from the real world so first

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of all let's take a look at the finances

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while you can write and launch an ebook

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without any expenses you're definitely

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gonna get further if you allocate a

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budget to get you going it doesn't have

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to be a lot of money here's the

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financial breakdown of the first week

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expenses

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for creating the ebook i spent 47 on

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this cool ebook cover and 52 dollars to

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have the book proofread for grammar

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mistakes and typos as some of you may

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have picked up already english is not my

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native language both of these services

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were bought on fiverr for marketing i

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spent 182 dollars to have the ebook

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promoted on a popular instagram account

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with almost a million followers and i

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spent around 250 dollars to run paid ads

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on facebook and twitter so in total i

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spent 531 dollars preparing and

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marketing the ebook in the first week of

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sales i sold the ebook on a discounted

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launch offer for 19 and an offer of nine

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dollars for a group of selected people

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and i sold 480 copies which was sold in

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hundred and 7980 five dollars of gross

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revenue subtract the expenses and a few

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fees this resulted in just around seven

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thousand four hundred and fifty dollars

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of profit so let's take a look how i

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spent my time as i mentioned i spent

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well about 16 hours writing the ebook

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it's 71 pages long and includes a lot of

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illustrations i created a website an

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integrated strive checkout for payment i

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spent around 10 hours on that creating

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email launch offers and drips this took

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around four hours i'll go into details

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about this in a little bit and then i

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spent four hours on additional marketing

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efforts this includes arranging and

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creating a promoted post with an

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instagram influencer and a couple of

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other ad hoc things so in total i spent

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40 hours creating and launching this

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ebook

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as you may have noticed i actually spent

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more time on marketing and distribution

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than i did creating the ebook this leads

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me to the first important tip i want to

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give you don't use this as an

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opportunity to learn something new it is

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probably the worst occasion you can pick

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if you want to learn something great but

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there are much better occasions for this

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remember you're writing an ebook to sell

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you're trying to do business here don't

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unnecessarily wear yourself down

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mentally by trying to learn something

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new instead pick a topic that you're so

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familiar with that you would almost

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write an ebook about it in your sleep

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you want the book to ride itself do not

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spend a lot of extra energy on this part

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this is exactly what i did just because

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i only spent 16 hours writing it doesn't

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mean it's a bad book in fact i get

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incredible feedback on it it just means

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that i picked the topic that i've been

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occupied with for the past 10 years a

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topic i can write an ebook about without

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having to look up a single thing if

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you're like most people looking into

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writing an ebook especially if you're in

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the tech space you probably haven't

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spent a lot of time doing marketing

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before save your energy for that instead

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this is where you should challenge

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yourself so before you start writing

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your ebook ask yourself a couple of

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questions what are your acquisition

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channels how are you planning on

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reaching people simply posting on your

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social media profile probably won't make

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the cut even if you have thousands of

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followers already

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so let's take a look at a few options

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influencer marketing set up agreements

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with other influencers and have them

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spread the word you may already know a

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few start by reaching out to them you

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can also reach out to influencers you

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don't know and ask them for a sponsor

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deal it's pretty straightforward you pay

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influencers to make promoted posts about

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your product either by agreeing on a

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fixed price or by offering them a cut of

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each sale they produce so when you know

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the topic you'll be writing about find

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10 or more professional influencers in

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that niche and line up a deal with them

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in advance

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keep them in the loop another option is

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to do a pre-launch

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maybe you already do have a follower

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base in the niche you're riding in

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that's great but it still takes more

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than a single post saying i launched an

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e-book you want to start talking about

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this ebook way before you actually

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launch it and you want to do a so-called

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pre-launch a pre-launch is when you

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start charging people for the product

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before it's done on a discounted offer

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this is great for various reasons first

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of all you get to test the waters and

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see if there's even interest in what

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you're riding if none or only very few

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people are gonna buy the product at

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pre-launch probably it's not even worth

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wasting time on secondly this gives you

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a great opportunity to spread hype spend

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a good amount of time before finally

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launching talking about the product

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share details about the process share

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screenshots small bits get people hyped

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up about it if you spend one to two

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months creating suspense before finally

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launching it it will get much much more

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traction then there's my personal

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favorite retargeting existing leads

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this is exactly what i did three months

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before i launched javascript in the

play09:45

industry i created a quick ebook and

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gave it away for free basically i just

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collected all the code snippets i had

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spent a year sharing on twitter and

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linkedin and put them all together in an

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ebook it took me less than two hours to

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make and during the next three months

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more than ten thousand people picked it

play10:00

up i mean people really like free stuff

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but this is an excellent strategy for

play10:05

two reasons you create authority a lot

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of people get to know your quality of

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writing without having to pay for it you

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collect emails imagine having a list of

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10 000 qualified leads laying around the

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day you want to launch

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email marketing is super underrated in

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2021 yet it's one of the mediums that

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has the highest click-through rate it's

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an incredible way to reach a target

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audience finally you can choose to run

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paid ads

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paid ads is a great strategy it's easy

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to set up and it's reliable services

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like facebook and google have made

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incredible marketing platforms and they

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are really really good at targeting the

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right people and even though zuckerberg

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is becoming increasingly unpopular as

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time goes by more people than ever are

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using facebook's products with

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facebook's marketing platform you get

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both facebook instagram messenger and

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whatsapp and google adsense covers

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youtube and god knows how many web pages

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those two platforms alone literally

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cover almost the entire internet and

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here's a fun fact surveys show that

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people are getting decreasingly negative

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towards ads in fact a lot of people are

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getting used to them they trust them

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more and they increasingly use them to

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buy products and the best part is it's

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relatively cheap you don't need a

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million dollar budget to run effective

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advertisement campaigns the platform

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needs to spend a small initial amount to

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tune in on an audience but that's

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totally within financial capacity for

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most people there are a lot of other

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options out there but the most important

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part is that you investigate and settle

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on one or two acquisition channels that

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you believe will convert don't overdo

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this though creating multiple channels

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isn't necessarily going to increase your

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overall conversion rate and it probably

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ends up becoming unmanageable

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obfuscating data and making the whole

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thing much more chaotic than it needs to

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be so let me shortly sum up how i did

play11:49

this i gave an ebook away for free to

play11:51

create trust authority and to collect

play11:54

emails i created the monetized ebook and

play11:56

set up a website with strive integration

play11:59

i made agreements with a handful of big

play12:01

influencers in the tech twitter space

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and had them retweet my launch

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announcement i paid one huge instagram

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influencer to promote the ebook

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i send out a discounted offer to my

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email list

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finally i set up ad campaigns on twitter

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youtube and facebook in total this

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resulted in 7 500 worth of sales in the

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first 7 days and the book still

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generates around 2 500 per month today

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in part two of this video i'll go into

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details about how i created an email

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drip sequence consisting of four emails

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that generated more than two-thirds of

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all the sales and i'll show you how i

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set up conversion campaigns on facebook

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twitter and youtube i'll also cover how

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to create a great launch post that pops

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out and converts please take a second to

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like this video and subscribe to my

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channel so you won't miss part two

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actually this is definitely a good time

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to hit that little bell icon as well so

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you'll get notified when it's out i'll

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see you soon for part two

play13:01

[Music]

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