You’re likely leaving money on the table when it comes to your self-published books.
And from what I can see while cruising Amazon’s low and medium content book listings, it could be in the THOUSANDS.
Here’s the pricing strategy I see playing out over and over again:
A publisher sees a low-content book that’s selling exceptionally well. That publisher makes a nearly identical book, then prices it $1 less than the original book.
A third publisher then comes along, creates another near identical book, and prices it $1 less than the second book.
Pretty soon, there’s a glut of similar books, all priced so low that their royalties are literally cents on every unit sold.
This strategy will not and cannot create meaningful and sustainable revenue.
Meanwhile, at the opposite end of the spectrum, there are self-publishers earning 6 and in some cases 7 figures in their self-publishing businesses from royalty earnings alone.
And they’re not doing it by engaging in race-to-the-bottom price wars.
So, what are they doing?
Watch today’s video to find out!
Today I’m explaining:
- KDP’s royalty structure for paperback and hardcover books.
- How to maximize your royalties so that you can extract the most amount of profit in your self-publishing business.
Want to learn how to make passive income from low-content publishing this year? Download my free guide, 3 Steps to Publishing Your First Low-Content Book In Less Than a Day right here.
