how i made $342k from an ebook without amazon kindle
TRANSCRIPT
My Book
Backstory• The idea for book came from an opportunity
I saw around the buzzword “Growth Hacking”
• I didn’t think about lofty goals, just simple actions I could take to validate the interest for the book
• I found a co-author to split the workload• Before writing a single word, I pre-sold 500
copies • Sounds sexy…but I literally begged for sales
& hustled copies on the web, like an upcoming artist slinging his mixtape on the streets
Revenue & Cost BreakdownI sold 23,047 books in total with ~17,000 copies sold
in the first 6 months, I currently sell 14 copies a day
Revenue: • $119,000 from book sales• $25,000 from speaking engagements and one off
training• $198,000 from consulting engagements
- (3x’d my normal rate) Costs:• $349 Hosting (Instapage & Bluehost)• $751 Design (after validation and a/b testing)• $500 Facebook Advertising (didn’t work)• $500 Upwork for admin tasks
MVP Book at Launch
MVP Landing Page
Book After Validation
Landing Page After Validation
www.100daysofgrowth.com
My process of launching a six figure book
My Process: Topic + Promotion Planning
• Found a buzz worthy topic + my experience• Brainstormed key promotion tactics:
- Product Hunt - Mentioned tools/people in book and
reached out for promotion help- Spread the word on marketing
communities- Interviewed on Podcasts (Traction Book
did really well with this approach)- Answered Questions on Quora- Guest Blogging
My Process: Set GoalsI set simple, yet powerful goals to…
• Build my personal brand• Be featured in 25 Podcasts• Sell 10,000 copies• Create a repeatable process
My Process: Launch MVP• Created a landing page• Got 500 pre-orders• Released a basic PDF copy
- With a $1 stock image as the cover• Made $5000 and invested into better design• Redesigned landing page after a/b testing
copy and optimizing conversion
My Process: Promotion Tactics• Emailed 30-50 people included in ebook
weekly- 500+ people included in the ebook
• Pitched podcasts to do interviews- Led to 38 interviews
• Earned testimonials and shares- Created buzz and validation/social proof
• Gave a few hundred free copies to key influencers - Distributed weekly to maintain buzz
• Asked (begged) for people to write reviews on the week of the book launch
My Process: Sales Results• 2000+ sales from guest posts
- Posted 1/week for 20 weeks (started 5 weeks before launch)
• 2000+ sales from Product Hunt launch• 1500+ sales from Quora
- Answered 1-2 Quora questions/day for 10 weeks• 2500+ seals from Mighty Deals• 5000+ sales from Appsumo• 10,000+ sales from word of mouth/organic
How you can launch your own six figure book
Your Process: Conduct Research• Do your research!
• Talk to successful authors• Use common sense• Find something you’re qualified to write
about that…- Isn’t crowded- Has high search volume- Has high demand based on
MerchantWords.com
Your Process: Writing + Pre-Promotion
Writing:• Use Google Docs or MS Word & Hire Upwork
or a professional to convert to an ebook friendly version
Pre-Promotion:• Plan 2-3 ways to promote the book before
launch
Your Process: Research Where to Publish
Self Publish:• Gumroad • Selz • Smashwords.com • Amazon
- Kindle Direct Publishing+ Createspace.com (print friendly version)
Professionally Publish:• No freaking clue! You need to talk to 3-5
authors + find an agent + create a pitch + have a win
Your Process: Pricing & Monetization
• $9 - $99 - if you’re writing on a topic that can help people make money- $30 price point works best for scale
• $3.99 - magic number on Amazon • Plan for a back end monetization strategy
(online courses, coaching & services/consulting)- Remember, I made most of my money from consulting
(and I mentioned that I tripped what I normally charge)
Go Talk to Experts!• Talk to 3-5 authors who’ve launched
successful books• Read this