Thursday’s profit tips for authors
New authors usually focus on profits from sales of their book, i.e., advances, royalties, and profit margins; experienced authors, however, focus on the back-end products and services they can offer based on their books.
As more than many expert authors I’ve interviewed for Published & Profitable and Jay Conrad Levinson’s Guerrilla Marketing Association have said, “books are really brochures that prospects pay to receive.”
6 tip-filled articles and blog posts
Here are links to 6 Author’s Journey blog posts containing ideas and tips that can help you develop profit sources larger and longer lasting than income generated by the initial sales of your book:
- How do other authors profit from their books? Tips and strategies for researching how authors of similar books profit their books.
- Creating information products. Ideas for exploring ways to leverage your book into passive, or recurring, income.
- Managing and Marketing information products. How to develop new products and effectively market them online and offline.
- Speaking for Profit. Profits from a single 1-hour speaking engagement can draw the income from the sales of thousands of books. Here are some tips for getting started.
- 7 Keys to Profitable Special Events. Special events run the gamut from paid teleseminars and webinars to in-person training, workshops, and conferences. Here’s how to get started.
- Choosing a Title for your follow-up book. It’s never too early to start planning your next book! Here are ideas for building on to the success of your first book.
The days of 6 figure advances for first-time authors are over, at least, for most subject area experts. Unless your name is already a household word, the bulk of your profits are likely to come after your book has been published, marketed, distributed, and purchased. Writing is a business, and–for most authors–their business begins after a prospect buys their book.













