I want to tell you a little secret.
There are some self-published authors out there who make over $20 when they sell one book.
How do they do that?
Well, it’s not by pricing the book over $20. Amazon only gives you 35% of anything over $9.99 anyway.
No, these books are usually $4.99 or $2.99, or they might even be $0.99.
Some are in Kindle unlimited, some are not.
But how do they make $20 from selling a single book?
It’s because they have a longer series, perhaps with five or more books.
They have really strong read through, which means that they can count on their readers to buy their book two, and book three, and book four, with confidence.
They can actually look at the numbers and they can see, hey, 50% of people buy book two.
And then 40% of the people who buy book one, go on to buy book three, and so on.
They’ve plotted out those numbers.
And by doing so, they know when they sell a copy of book one, they’re going to make $20 in overall profit.
And these authors are writing these series in genres where there are readers who eat these up.
Book one all the way through book ten, they get great read through.
And that is how they make $20 profit from one initial book sale.
Which is a persuasive reason to write compelling series.
Do you know how much net profit your series makes?