- Mar 31, 2020
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I was talking about the results that come up when you search for keywords on Amazon. So you can think of them as competitors.
Journey to $1500/Month With KDP, Apple iBooks and more Before 31 March 2024
- Thread starter umo98
- Start date
- Mar 31, 2020
- 539
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Thanks.
blackbeans
Elite Member
- Nov 29, 2008
- 9,247
- 4,806
Thank you for your patience in answering my followup questions. Much appreciated!
- Mar 31, 2020
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Thanks. Please keep me informed as you start sharing updates, as I would be delighted to follow along with your journey.
I will publish an update within 2-3 days.
- Mar 31, 2020
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Happy New Year!
UPDATE 11 (04.01.2024)
The KDP screenshot is for the month of December: ($1316.40)
The Creative Fabrica screenshot is for the month of December: ($4.56)
The Affiliate Earnings screenshot is for the month of December: ($27.22)
The total earnings for this month are $1348.18.
In December 2022, I had earned $420. In December 2023, however, I earned $1348, which represents an increase of more than threefold. Therefore, I consider myself successful at the moment. However, I am also aware that I will experience some declines as the new year effect wears off (around 40% decrease). Additionally, I now have a new goal. My target for December 2024 is $2600.
Another goal of mine is to start a subscription-based website. It will focus on digital products. For this purpose, I have applied for company incorporation in the UK today (Because I can't use stripe in Turkey), and it should be finalized within 1-2 days. I will need to arrange banking, website, and other processes for about 1-2 months, and then I will incorporate this into my journey. I plan to prepare three types of subscriptions. There will be three subscription types: $9.99 (monthly), $99 (annual), and $299 (lifetime). For this subscription website, my goal for December 2024 is to have an average of 110 monthly subscribers or a regular income of around $1000 per month.
To summarize, my overall goal for December 2024 is to reach a total of around $3600.
You can ask me all your suggestions, questions, everything. I'm waiting for your answers.
ZacOnline
Power Member
- Jun 25, 2019
- 706
- 264
Hi,
Happy new year to you. Always been following this thread quietly and good to see that your income has increased progressively and also diversify into other marketplace/ platforms.
I have few questions:
1. In your Amazon KDP, is there any books without any sales out of your 890 books. Roughly how many % of the books do not contribute any sales.
2. Do you do any ads in Amazon ?
3. How long ( on average)?will it takes a new book to have its first sale ?
Happy new year to you. Always been following this thread quietly and good to see that your income has increased progressively and also diversify into other marketplace/ platforms.
I have few questions:
1. In your Amazon KDP, is there any books without any sales out of your 890 books. Roughly how many % of the books do not contribute any sales.
2. Do you do any ads in Amazon ?
3. How long ( on average)?will it takes a new book to have its first sale ?
- Mar 31, 2020
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Hi, Thanks.
1) I haven't calculated this precisely. However, I suppose that probably 50% of them have never been sold.
2) I am still making a low amount of advertising expenses, and I'm not using ads for all of my books. If the advertising expenses increase significantly, I will indicate it with a separate screenshot, but currently, it is not high.
3) Usually 1 week is enough.
jawharatokom
Newbie
- Sep 29, 2023
- 23
- 12
FOLLOWING
Just asking, how will you prevent people to buy monthly subscription and download all content on your website? Good luck
- Mar 31, 2020
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I am aware that this is a major issue. I will be regularly adding PDFs each month and I am considering giving quality gifts to the emails of long term subscribers. Additionally, I will try to introduce a monthly upload limit for subscribers.
In the meantime, if anyone knows of any solution that allows me to open a virtual GBP account, I would really appreciate it. Those with knowledge on this subject writing would be very helpful. Because I have set up my UK company but Wise is currently not accepting new applications (I am on the waiting list) and I do not know how I will do this business without a GBP account for the company. I have also applied for Payoneer for the company but unless I am forced by circumstances, I would prefer not to work with a company that has support team issues.
Zedd1
Regular Member
- Apr 10, 2023
- 330
- 160
Hi. happy to see you keep updating constantly, congrats on your journey.
Doesn't Uption already provide both EUR and GBP account details for you? I thought worked similarly to Wise.
- Mar 31, 2020
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Thanks. I spoke with Uption, unfortunately they do not provide services for business accounts in the UK. Currently I am speaking with some UK and Hong Kong banks. I think I will solve this problem soon.
Hi I am Mitu
Regular Member
- Apr 29, 2022
- 430
- 143
Hello, you have come a long way during the time I have not followed your journey. Thanks to you, I started kdp 2 weeks ago and I would be happy if you follow my journey. Since I started from scratch, I am only trying to produce books right now. I don't have a book on sale yet, but it will be in 2 weeks. I am having trouble because Ai is not working as I want. I will follow a similar path to you as my goal is to promote my books with social media.
- Mar 31, 2020
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Congratulations, I will follow your journey.
bitcoinStorage
Failed to resolve a dispute resolution thread.
- Jun 11, 2023
- 141
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thats great growth so far bro!
at this rate, you could sell your business for around $30k-$40k! At a valuation of $1300/m at 25-35x!
legendguru
Junior Member
- Dec 5, 2017
- 191
- 25
Op I have a question how long does it take to start earning reasonable amount on Amazon I mean from $100 a month. I current have about 100 books and just earn 25 bucks a month. This is 4th month. Also how many books do you think can make atleast $300 a month. It seems to be a game of numbers on Amazon. Not for lazy people
- Mar 31, 2020
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Thanks.
The number of books does not necessarily correlate with an increase in earnings. The quality of the book is much more important. In my opinion, if you focus on this aspect, you can achieve higher profits. For example, in December 2023, I earned $150 from one of my books, and I would advise against creating low-quality content.