Income Report Amazon KDP | 20 Coloring Books = How Much Money?
TLDRThis video provides an honest review of the creator's experience selling 20 coloring books on Amazon KDP over seven months. It details the sales, profits, and ad spend, revealing the challenges and strategies involved in ranking and selling books. The creator made a profit of nearly £500 after expenses and tax, highlighting the potential for long-term passive income with Amazon KDP, despite the initial modest earnings.
Takeaways
- 📈 The creator has been making coloring books for Amazon KDP for almost a year and is sharing transparent insights into their performance.
- 🎨 The first 20 books were analyzed, showing varying degrees of success, with some performing exceptionally well, especially around the holiday season.
- 🦖 'Dinosaurs in Space' was the top-performing book, indicating the importance of niche research and keyword ranking for sales success.
- 📉 There was an initial sales boost followed by a drop-off, but sales have since steadied and shown growth, suggesting the potential for long-term earnings.
- 💰 The total revenue from the 20 books over seven months was £1,384.29, but this does not account for taxes or ad spend.
- 🚀 The power of Amazon KDP is highlighted, where ranking well for keywords can lead to significant sales and revenue.
- 💸 Many books made between £10 and £80, showing modest earnings that need to be weighed against the costs of production and advertising.
- 📉 Seven out of the 20 books made less than £10, emphasizing the risk and variability in book sales on Amazon KDP.
- 💰 After ad spend and expenses, the net profit was £491.29, indicating the importance of considering all costs in the profit calculation.
- 📚 The creator plans to continue making more books, hoping to improve skills in niche research and advertising to increase profits.
- 🔢 Based on the current data, to make a £1,000 profit per month, one might need to create approximately 194 books, considering taxes and other expenses.
Q & A
How long has the author been creating coloring books for Amazon KDP?
-The author has been creating coloring books for Amazon KDP for almost a whole year.
What was the first coloring book the author created and how did it perform?
-The first coloring book the author created was 'Dinosaurs in Space', which performed well, especially during the December Christmas boom on Amazon, and has been the top seller every month for the past seven months.
What is the significance of releasing coloring books before the Christmas season according to the author's experience?
-Releasing coloring books before the Christmas season is significant because it allows the books to take advantage of the holiday sales boom, as seen with the author's 'Dinosaurs in Space' and 'Lucha Libre wrestling' coloring books.
How many copies of the 'Dinosaurs in Space' coloring book were sold over the past seven months?
-The 'Dinosaurs in Space' coloring book sold 223 copies over the past seven months.
What is the importance of ranking for keywords on Amazon KDP for coloring book sales?
-Ranking for keywords on Amazon KDP is important because it helps generate organic sales, which is where the most money and profit can be made in the long term.
What was the total revenue generated from the sales of the 20 coloring books over the past seven months?
-The total revenue generated from the sales of the 20 coloring books over the past seven months was 1,384 pounds and 29 pence.
How much did the author spend on ads for the coloring books?
-The author spent approximately 723 pounds on ads for the coloring books across various marketplaces.
What was the author's net profit after deducting ad spend and expenses from the total revenue?
-After deducting ad spend and expenses, the author's net profit was 491 pounds and 29 pence.
How much tax would the author have to pay on the earnings from the coloring books, considering they are in the 40 percent tax bracket?
-The author would have to pay approximately 196 pounds and 52 pence in tax on the earnings from the coloring books.
What is the estimated number of coloring books one would need to create to make a thousand pounds profit per month, based on the author's experience?
-Based on the author's experience, one would need to create approximately 194 coloring books to make a thousand pounds profit per month.
What is the author's strategy for improving future coloring book sales and profitability?
-The author's strategy includes creating more books, improving niche research, better Amazon ads management, and leveraging the growing AI capabilities for creating higher quality coloring pages.
Outlines
🎨 Amazon KDP Coloring Book Sales Breakdown
The speaker discusses their experience creating and selling coloring books on Amazon KDP for nearly a year. They provide a transparent analysis of the first 20 books, including sales performance, ad spend, and overall profit. The video offers insights into the importance of timing, niche research, and keyword ranking for successful sales. The speaker also shares the ups and downs of their best-selling books, emphasizing the unpredictability of the publishing process on Amazon.
📊 Analyzing Sales and Ad Spend for Coloring Books on Amazon
This paragraph delves into the financial details of selling coloring books on Amazon KDP. The speaker reveals the total sales, the amount spent on advertising, and the resulting profit after seven months. They highlight the challenges of ranking books for keywords and the varying success rates of different books. The speaker also discusses the potential long-term earnings from these books and the importance of continuous learning and improvement in niche research and advertising strategies.
📈 Profitability and Long-Term Earnings from Amazon KDP Books
The speaker reflects on the profitability of their coloring book venture, considering the time and effort invested. They calculate the net profit after accounting for ad spend and other expenses, such as AI tool costs. The speaker also considers the impact of taxes on their earnings and sets a goal for creating more books to increase revenue. The paragraph emphasizes the need for patience and continuous improvement in order to achieve a sustainable income from Amazon KDP.
🚀 Scaling Up: Targeting Profit and Long-Term Success with Amazon KDP
In the final paragraph, the speaker sets a target for scaling up their Amazon KDP business by creating more coloring books to achieve a monthly profit of a thousand pounds. They acknowledge the learning curve and the need for better product creation and advertising strategies. The speaker also invites viewers to follow their journey in six months to see the progress of their next 20 books, aiming for a more profitable and sustainable business model on Amazon KDP.
Mindmap
Keywords
💡Amazon KDP
💡Coloring Books
💡Revenue
💡Niche Research
💡Keywords
💡Ads
💡Profit
💡Organic Sales
💡AI
💡Tax
Highlights
The creator has been making coloring books for Amazon KDP for almost a year.
The first 20 books created have been analyzed for their performance.
Total profit and the number of coloring books needed to make £1,000 per month will be discussed.
The video will be in English Pounds due to the UK base of the creator.
AI has been used to create coloring books, with quality improving drastically over six months.
Sales data from the Amazon KDP royalties dashboard will be reviewed for the past seven months.
A boost in December sales due to the Christmas season is noted.
Dinosaurs in space and Lucha Libre wrestling coloring books were the top sellers.
The importance of ranking for keywords and organic sales is highlighted.
The creator spent £723 on ads to boost book sales.
A breakdown of earnings per book and the overall profit after ad spend is provided.
The cost of using mid-journey AI for creating coloring pages is £170 over seven months.
After tax and expenses, the creator made a profit of £294.77 in seven months.
The creator aims to grow their following and create more books for increased volume and revenue.
The creator suggests releasing books 1.5 to 2 months in advance for optimal sales during peak seasons.
An estimate is given that approximately 194 coloring books would need to be created to make £1,000 profit.
The creator's experience and earnings from Amazon KDP are presented as a realistic view for newcomers.
A future review of the next 20 coloring books is planned to track progress and earnings.