Episode 220 – Rapid Fire Releases, Gifting Multiple Copies, and Price Point Testing

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Posted on by SMBS Team

Question of the Week: If you were to become a big-name author, how would you handle your finances to ensure that unscrupulous people wouldn’t siphon your funds behind your back?

When you hit the big time how do you plan to be smart with your money and protect your financial future? This week’s Happy Book Reviews Feature winner is Randy Green! Bryan is a little under the weather so Jim takes a moment to thank this week’s wonderful Patrons: Guild of Tokens, Planet Dead One Shot, and Gold Frankincense and Myrrh. This episode’s tips include how to compare KDP Print and Createspace, why you want to control your Also Boughts, and what price points will actually hurt your sales. The stories that fought their way to the top this week are how Amazon is bundling short stories and audio, what author M. A. Robbins did to hit his biggest month ever, why Amazon’s new gifting feature won’t actually effect sales numbers, when a rapid fire release strategy can really boost sales, and why you should take control of your finances with confidence. Question of the Week: If you were to become a big-name author, how would you handle your finances to ensure that unscrupulous people wouldn’t siphon your funds behind your back?

What You’ll Learn:
  • How KDP Print now compares to CreateSpace as of mid 2018
  • Why you shouldn’t ask your friends and family to buy your new release
  • How to price your novel and why occasional price drops can make a huge difference
  • How Amazon is bundling short stories and audio together
  • How author M.A. Robbins had his biggest month ever
  • Why Amazon’s new gifting feature won’t make a huge impact
  • How author Adam Nicholls made over $67,000 in royalties in just three months
  • Why you should ignore the myth that authors can’t handle money
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