KINDLE PUBLISHING ACCOUNT UPDATE
As promised it’s time for a bit of an update on my Chiang Mai Challenge and a refreshed look at my new Kindle account’s sales!
My publishing target in total is 40 books, but I’ve recently decided to split that up between 2 different accounts. The first one, I’ve had for several months now but have only just recently started to focus seriously on. That’s the account that I’ll be sharing the results of today!
It currently has 14 books (with a final goal of 24) and is absolutely killing it!
The newest account already has 5 books published to it, but I’ve only been running it for about 2 weeks now. I’ll share the results of that account later down the track.
But enough rambling… this post is to show you what you can make with just 14 books. This post will show you the sales numbers I did for the last week of November, 2016.
I made a video version of this post, showing you inside of my account. Check it out below:
If you didn’t watch the video, or just like to read as well, I’ll also break down the results below.
As almost everyone with a Kindle Publishing business will experience, your paperback sales will make up the majority of your income. This is mostly due to the fact that you can charge a lot more for the physical version.
Nonetheless, the Kindle editions still make a good bit of coin. Here’s my results for the week for Kindle, all converted to Australian Dollars:
KENP (pages read) = 3779 pages which approximately will = $25.28
US STORE = $237.72
UK STORE = $14.94
CANADIAN STORE = $5.52
KINDLE EDITION TOTAL = $283.46
Not bad at all! That’s about $40 per day, which if that was the average would make me just over $1200 passively per month – enough to live like a King out here in Chiang Mai where I am currently!
But wait, it gets much better! Let’s have a look at the paperback sales…
US STORE = $1867.76
UK STORE = $67.08
EUROPEAN STORE = $68.27
PAPERBACK EDITION TOTAL = $2003.11
GRAND TOTAL INCOME FOR THE WEEK = $2,286.57
PER DAY AVERAGE = $326.54
So there you have it, over $300 per day on average for the final month of November! It’s safe to say I’m pretty stoked with these results.
One thing to be aware of though is that Christmas is coming, and during November we had the black Friday sales. People are shopping online A LOT more at this time of year, so I’ve definitely experienced a spike in sales.
I’ve also published some new books, and improved some old ones which has helped to boost the royalties further.
The tough thing right now is working out just how much this account will make me in the New Year once sales have stopped being spiked by the Christmas rush.
Typically, in January I’ve noticed that I’ll experience a drop in physical book sales, but an increase in Kindle edition sales. I’m guessing this is because a lot of people are gifted Kindle Readers for Christmas.
It really is tough to estimate exactly how much sales will drop or grow, especially when I have another 10 books I plan to publish to this account. It’s quite a frustrating thing, but it just comes as part of running a business.
I think regardless, that the results will be quite good! Maybe not as good as they are right now, but it’s definitely looking promising.
I’ll keep you posted with updates on how my sales trend, and hopefully in a few months time I’ll be able to make a post about how I sold one of my accounts!
Stay tuned, big things are coming!
If you’d like to learn my method of Kindle publishing, you can check out my training course at www.freedomselfpublishing.com
Until next time,
Adrian IngramShare This Post: