Thursday’s profit tip for authors

One of the best ways to locate new profit ideas is to explore how other authors leverage their books to back-end profits from products, services, and speaking.

When searching for back-end profit ideas, use a simple worksheet like Published & Profitable’s Author Profit Tracker to keep track of the author websites you’ve visited, and the ideas you might want to apply on your own website.

After all, it doesn’t do any good to visit a site, locate a good idea, but not be able to easily revisit the site at a later date!

Competitive research tips

Here are a few ideas to help you make the most of your explorations:

• Look beyond the obvious. When searching for profit ideas on author sites, expand your search beyond the authors and experts in your field. Explore the websites of authors in a variety of subjects.
• Know where to look. Explore keywords and navigation links like Products, Services, Coaching, Consulting, Assistance, to learn more, and the like. You may also locate useful ideas in the Press or Media sections of their websites.
• Be a pioneer. Look for ideas that you can be the first to offer in your area of expertise!

Competitive research can pay big dividends

Big profits often originate in simple ideas sparked by visits to the blogs and websites of other authors. By taking the time to explore how other authors leverage their books into back-end profits, you, too, can increase the opportunities and profitability your book generates for you. Share your coments and favorite author profitability ideas below, as comments.