Welcome to the 63rd edition of Royalties on Demand - helping you get more sales with Amazon KDP
In This Week’s Newsletter You will find:
The Self-Publishing Success Strategy Course
How I Made $7295.21 On Amazon KDP With 10 Books In July
The Self-Publishing Success Strategy Course
I have some exciting news!
Publishing books can be hard, and many people follow the wrong advice.
That's why it's important to learn from someone who knows what they're doing.
Ben, also known as "Money on the Side Ben" is a close friend of mine and has sold over a million dollars' worth of books on Amazon. Ben has earned more than $240,000 in royalties and received the bestseller badge on over 30 books!
Ben's YouTube channel has over 100 videos that teach you how to succeed in Amazon's KDP business.
His tips have helped me make a lot of money, and I know they'll help you too. Check out his video about five tips for selling more books—he's sold over 150,000 copies!
Now, the big news: Ben has launched a course called the Self-Publishing Success Strategy. I don’t usually promote just anyone’s product but Ben's course is special and trustworthy.
Watch the video below to find out more about his course and if you interested in becoming successful with Amazon KDP then the link for his course is here.
How I Made $7295.21 On Amazon KDP With 10 Books In July
July was a great month for my books on Amazon.
I had many consistent high-selling days and I didn’t have to spend much time on the business.
Books that I created many months ago continue to keep selling and all I have to do is monitor the ads.
It does take a lot of upfront work however I’m now seeing the benefits of staying consistent with Amazon KDP for 4 years.
Here’s how July went:
I made $7295.21 with 10 books in July.
This isn’t my full portfolio of books but it shows you what’s possible with a small amount of quality books.
My biggest day of the month was 17th July when I made $478.02, a large part of this was Prime Day which gave my books a big push.
However, I was more excited looking at my lowest day of the month was July 20th when I made $141.52!! I find this amazing to think I made this amount on my lowest day.
I didn’t create any books during July but next month I’ll start working towards a few books for Q4.
My best selling books of the month include an activity book, a log book and a quiz book.
I noticed that summer, travel and books aimed towards kids performed well during these months due to many kids being off school for the summer break.
My total orders for July with 10 books came to 1952. Dividing the royalties by the orders works out to $3.74 royalties per book.
I charge higher for my books I know I am creating high-quality books that will stand out from the rest. I price my books competitively at the start and once they build up reviews and have a favourable position on the first page, I then price them higher than the others.
Expenses
I run ads in both the UK and US market and across the markets I spent $1816.02 although this amount is from all my books.
My ACOS in the US was 37.82% whilst in the UK it was 29.91%.
My other expenses include tools and software I use in my business such as BookBeam, Midjourney, Canva and a few others come to $70.
Final Breakdown
From 10 selected books I made $7295.21 minus.
Ads: $1816.02 (all my books)
Tools: $70
Total: $5409.19
I’m grateful to earn this amount, it has not happened overnight but it’s come as a result of consistency over years.
Anyone can start this business but you need to focus on being persistent and improving 1% each day, the results will eventually compound.
To get started on the right path I recommend watching this video about how to succeed with Amazon KDP in 2024.
Online Group Class Sessions
I held my first online group session for the paid members of the newsletter on Wednesday 31st July about getting ready for Q4 and it was fantastic to meet some of you.
I will be sending out the recording to my paid subscribers later today.
Join below to get access to:
Behind the scenes in my KDP business
Exclusive interviews
Case studies
Templates
Q&As
Videos decided by you
Group sessions every month
Access to DM me
Discounts on future courses
Need Help?
At Royalties on Demand, I offer various services tailored to aspiring authors and self-publishers looking to make a mark in the industry.
You can find free templates to simplify the design process and enhance your books.
My number 1 KDP research method.
Join my paid newsletter.
My one-to-one coaching for your KDP personalized plan.
Once again, thank you for joining me on this exciting journey.
Have an awesome week ahead and I look forward to catching up with you next week.
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Danny
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