October 24, 2020

Crossed 500$ in book sales

Antonio Tropiano @tropianhs

The book I wrote in May/June just crossed 500$ in sales.

I put the book on Gumroad first as this was the easiest and cheapest way to share my work with the rest of the world. It had some success and I decided to explore other distribution channels. I read good things about Amazon KDP so I gave it a try and published the book on Amazona as ebook and Paperback on 11 August.
Here the Pros and Cons.

Cons

  • The process of putting a book on Amazon is a bit more complex and it involves writing the book in another format (I had a pdf so I needed to translate to ebook format)
  • The pricing needs to be adjusted as royalties drop to 35% for products with a price higher than 9.99$
  • The profit per sale is much lower than Gumroad. Max royalties is 70%

Pros

  • You leverage the Amazon store audience and reach many more potential readers.
  • You can sell the printed version of your book. Amazon will take care of the printing costs.

I was not even monitoring how the sales were going until 2 days ago when I got a surprising email from Amazon saying that some funds were on their way. Hurrah!
In the end I managed to sell enough copies to cross the symbolic 500$ mark and more importantly reached people from all over Europe, US, UK, Brazil and Mexico!

  1. 2

    Gratz, I get a habit to check twitter followers count before I check the content when I saw the sale numbers. In this case it's inspiring, would you mind sharing the numbers you sold on gumroad vs amazon.

    TIL, "Amazon will take care of the printing costs."
    I thought authors need to settle with publishers for paperback versions.

    And have you checked stripe checkouts? I don't have a PayPal account, so I'm not familiar with Gumroad. I don't get what it offers beyond Stripe to take that extra cut.

    1. 2

      Yeah I don't have a big following on Twitter, AlfaData account has less than 700 followers.
      I sold 27 copies on Gumroad and 15 on Amazon.

      I find Gumroad has a much easier setup. You can also play easily with pricing, discount codes and different versions of the same book. For example I have 2 versions and it took me very little time to set up. I pre-sold the first copies before writing a single chapter of the book.

      1. 2

        Oh I didn't see that you have a separate account for the project. You have a nice niche over there.

        Thanks for sharing the numbers, I guess Gumroad also offers affiliate marketing out of the box. Which also helps a bit as I read through other author's breakdowns.

Today's Top Milestones
  • HTML Color Picker
    Searching for that perfect color has never been easier, use our HTML color picker to browse millions of colors and color harmonies. Easily find HTML c
  • TCF Email Miner hits $25,000 sales 😃
    After five years we've hit over $25,000 sales on TCF Email Miner. It's never been a product that set the world-alight but its one that consistently go
  • Versoly 2.0 launched on Product Hunt
    Finally launching 2.0 of Versoly! Not sure about you but I always delay Product Hunt launches, I want them to be perfect. I create a list of todos for
  • Syften monitors Upwork - steal freelancers' jobs
    Recently I was chatting with Reilly Chase about finding customers by monitoring online communities. He suggested that it’s a good idea to monitor Upwo
  • Sold Thankbox #200. Have made $600 in November!
    Christmas arrived in November for me and Thankbox. The month has been absolutely crazy in terms of milestone after milestone being smashed. I know thi
  • I've released the very first alpha version!
    Yesterday I released the very first alpha version to the 10 alpha testers. We have a dedicated Slack I've started a week or so ago. So far, 4 people h
  • Pain Points launched on Product Hunt!
    Today is the big day. I just posted Pain Points to Product Hunt. Pain Points is a User Research Newsletter that shares insights from 1:1 interviews th
  • Time to launch V2!
    After more than a year spent working hard on this app as my main side project, it started to get noticed a little bit in the app stores. That's why I
  • Launch Day! 🚀🚀🚀
    Today is the day! After months and months of work, Hey Check It (http://heycheckit.com/) is live! Just want to say a huge, HUGE thank you to the team
  • Settled on a strong message
    Describing what you do is surprisingly tricky. Do you focus on the pain you remove? Or the benefits you bring? Maybe you try to compare yourself to an