A few months back, I published my first (paid) e-book.
In total, it made +$7,500 in just 7 days.
It still makes +$2,000 every month today.
Let me break down the strategy, the expenses, and the effort spent on this product.
First, let's get a financial overview.
🔹 E-book creation:
🔹 Marketing:
🔸 Sales: $7,985,-
💸 Net Profit: ~$7.450,-
Secondly, let's get an overview of the time spent.
16 hours.
10 hours.
4 hours.
6 hours.
4 hours.
Total time spent:
40 hours.
As you may have noticed, I ended up spending more time on marketing and distribution than I did writing the actual e-book.
Why?
Because every successful product launch requires a solid marketing effort.
This is where most e-book authors I've seen get it wrong!
When you're done creating your e-book, you need to do more than just tweeting about it.
Make a sales strategy.
Some strategies include creating initial hype around the product (doing a pre-launch), and some include re-targeting qualified leads.
The channel I used which turned out most effective: emails!
I launched a free e-book 3 months earlier.
It resulted in +300 ⭐⭐⭐⭐⭐ reviews and +10,000 downloads!
Not only did this establish additional trust and authority - it also provided me with 10K emails to retarget with the second e-book 🚀
It was a lot of fun creating this e-book.
Furthermore, it has gotten a lot of positive feedback, and despite me offering a full 30-day money-back guarantee - not a single person has used it yet.
If you want to learn more about my approach, I created a video on YouTube where I go into much more details and reveal a couple of interesting facts 🤓
I hope you got something out of this post.
Cheers ✌️
I saw this on twitter yesterday! This is super amazing! Congratulations! 🥳
I've written 5 eBooks for the past year, but they are all free, my next one should be a paid one I guess 😅
Thanks a lot 😁
And yeah - you totally should!
Congratulations Simon! As always - well deserved super achievement! 🙂
I'm really curious about one thing - how did you managed to write the entire book in 16 hours?
What is your secret recipe? 😊
Cheers.🍻