Self-Publishing Books For Passive Income

I was alerted to the profit potential of self-publishing books when I met Christine Clayfield at the KISS 2 seminar on 19th October 2013.

I already knew about Christine – I had bought her eBook ‘From Newbie to Millionaire’ off the Warrior Forum some time ago.  This book is around 500 pages and is all about internet marketing.  For several years it has ranked in the top 3 for the keyword ‘Make Money Online’ on Amazon – and that’s a very, very competitive keyword!!

However, Christine has been concentrating on self-publishing books over the last 3 or 4 years and is now making 7 figures.

I had no idea that there was so much money to be made from self-publishing books.  She now has around 70 books published with many more in the pipeline.

Each book averages around £2,261.50 per month or £27,138 per annum, some less, some more.

With just 10 books, you can make £271, 380 per year and with 20 books £542,760 per year with Christines system.  Her self-publishing system is different in that she creates multiple formats and publishes worldwide.

Christine outsources the writing of each of her books for around $500 and pays up to $500 for the sales letter.  Apart from this, the costs of distribution are around $54 including purchase of the ISBN number and uploading the book and cover.

The skill is in coming up with an idea and doing the keyword research to ensure that there is demand and that you can compete for top spots in Amazon and elsewhere.

The big difference between her course and the other book publishing courses you can buy, is that she literally gets worldwide distribution in most major outlets where you can buy books both online and offline!

Christine has created a comprehensive video course (over 23 hours of content) showing her exact step-by-step system.  Once completed, she does nothing more and the income from her books just come rolling in.

In fact so successful has she been, she is now translating her books into many languages for even more income potential.

A Great Passive Income Opportunity

I have to tell you that before I met Christine, I had no intention whatsoever of going into self-publishing because I didn’t think there was enough money in it compared to my information marketing model.

She has convinced me otherwise and the fact that it is a real passive-income opportunity makes it very appealing i.e. you do the work once and continue to get income rolling in for years to come without lifting another finger.

Whilst I cannot get moving on self-publishing my own books in the short-term, because of other work commitments, I nevertheless bought her course (along with many of the other attendees on the KISS 2 seminar) so that I can dig into this opportunity when I have more time.

If you would like more information about this, then here’s the link to her sales page:

http://mark-salmon.com/likes/WorldwidePublishing

P.S. On a personal note, I really liked Christine – I had the opportunity to speak to her personally at length in the bar.

She had a very difficult life up until around the age of 30 (when her first husband beat her into a coma.)  This difficult start to the first half of her life has made her a person who is very driven to succeed.  This is why her course is so comprehensive – she wants to give us the best product and service she is able to to valid her own success and self-worth.  It is rare for someone to show you their complete system on how to make money online from self-publishing books, so I highly recommend that you tuck this one away!

The Way of the Warriors Is On the Launch Pad

The Way of the Warriors is coming 15th January 2014

I have finally moved The Way of the Warriors (- this is my membership site that has a high-value eBook on a proven internet marketing strategy-) onto the launch pad – it is scheduled for launch on 15th January 2014.

Why so long you may ask?  There are a number of reasons:

  • I need to create a JV blog – this is now done http://wayofthewarriors.com/jv
  • I need to sort out the sales funnel – in particular I need to change the current sales funnel and I want to upgrade the sales letters in parts of the funnel – particularly the one for Product Creation Renegade.
  • it is important to get the Christmas season out of the way
  • most importantly, I need time to recruit affiliates… and lots of them.  In fact, for 2 months prior to the launch, this will be my main task.

With regards to the revised sales letter, I want to try some high-quality Photoshop sales letter designs that I have acquired.  These have high visual appeal.  It will be interesting to compare them with the ‘down-and-dirty’ style of the Paper Template plugin that I normally use for sales letters.

Armand Morin’s Lead Generation Strategy

This week I have been thinking about how to increase the number of people joining my list.  With this view in mind, I started to create some free eBooks to give away.

Then last night I was catching up on the recordings of Armand Morin’s Webcamp and was gob-smacked to discover that he is ‘too lazy’ to create give-aways.  He then explained that by giving away some free-stuff in return for the optin you are doing two things:

  • letting the prospect off the hook psychologically – they’ve given you the optin in return for your free gift – so they are less likely to buy the subsequent offer in the funnel.  He then explained that when he started out as a hoover salesman he would never accept a drink or anything from his prospective  customer until he had closed the sale i.e. the customer lessened the obligation created by giving them his time through giving him a drink of water.
  • second, the prospect will have an excuse to delay a decision to buy i.e. ‘I’ll read the free gift before I decide whether to buy’.

He therefore creates an optin page that just piques their curiosity e.g. ‘To find out how to lose 12 pounds within 24 hours – just click here’ – after opting in the prospect is taken straight to the weight-loss sales letter.

This enables him to create multiple optin pages for the same sales letter – he likes to create 30 optin pages for the same sales letter, each addressing a different reason why a person should lose weight e.g.

  • lose weight after child-birth
  • lose weight for your wedding
  • lose weight for your holiday
  • lose weight to due to diabetes
  • lose weight to look better
  • lose weight to run faster
  • and so on

Each optin page will then have 5 or 6 adverts – each advert is matched to the optin page – same issue, same image so that you directly address the issue that caused the person to click on the ad – this obviously leads to higher conversions.  The issue is dealt with as a bullet point in the generic lose-weight sales letter and the person naturally assumes that the letter is speaking to them.

Here are some of the rules that he adopts with this strategy:

  • he can create multiple optin pages fast using a free plugin called Post Duplicator that simply creates a duplicate of the optin page and you only then need to make a couple of changes to create an entirely new optin page
  • create one optin page at a time and get it converting at 20% or more
  • the sales page must convert at 3% or more
  • if both these conversion rates are in place, he calculates that he can make any advertising pay
  • he tracks conversions using Link Trackr (- this has a monthly recurring cost and I therefore think that a tool like Quality Click Control is ultimately cheaper to use)
  • you can increase sales page conversions by having a $1 trial (- this needs to be tested to see whether your ultimate sales take is better as your refund rate might be higher too!)

Armand Morin's Optin Strategy

If you create 30 optin pages that convert at the required level, as Armand advocates, then you get potentially massive leverage and results.

Let me know in the comments section below what you think of this strategy.

The KISS 2 Event at Gatwick 19th/20th October 2013

I am attending this event tomorrow – getting up at 5.30 a.m. to drive down to this event.  Here is the agenda:

Saturday 19th October

8.15 – 9.00 Registration and coffee
9.00 – 10-30 Martin Avis
11.00 – 12.30 Christine Clayfield on Self Publishing
12.30 – 1.45 Lunch and networking
1.45 – 3.15 Cassie Hicks Kerr on Product Creation
4.00 – 5.30 Rob Cornish “Step-By-Step: How To Make Thousands Online By Harnessing The Power Of Software”
5.30 Martin Avis with a surprise guest!

Sunday 20th October

8.30 – 9.00 Coffee
9.00 – 9.15 Martin Avis
9.15 – 10.45 Christopher Payne on Product Creation
11.15 – 12.45 Neil Stafford “Public Domain For Fun and Profit”
12.45 – 2.00 Lunch and networking
2.00 – 3.30 Sarah Staar “Now Sell It!”
4.15 – 5.45 Martin Avis – “The Profit-Pulling Power of PLR”

I met Rob Cornish at Alex Jeffries event earlier this year.  Rob is one of the marketers whose emails do get through to my inbox.  In fact, it was one of his posts that stopped me from buying Optimize Press 2 – he is definitely one of the good guys in my opinion.

I also bought Christine Clayfield’s epic eBook entitled ‘From Newbie to Millionaire’ – she is definitely an over-achiever so I am looking forward to meeting her.  I know less about the other speakers but suffice it to say, I am going to the event with my networking hat on!

Hopefully I can start recruiting some potential affiliates for The Way of the Warriors launch on 15th January 2014 – we shall see!