Barefoot Basics - The Bestseller Incubator - Part Five - Monetise Your Book

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barefootbasics.com The Bestseller Incubator: An Insider's Guide to Successfully Marketing Your Book Part Five: That's Me! The Insider...

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Ever wondered how to go from Manuscript to Bestseller, Barefoot Basics will take you through the process of creating your book marketing plan and monetising your business model. In Part Five of this series we look at Monetise Your Book & Business Model.

Transcript of Barefoot Basics - The Bestseller Incubator - Part Five - Monetise Your Book

Page 1: Barefoot Basics - The Bestseller Incubator - Part Five - Monetise Your Book

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The Bestseller Incubator:An Insider's Guide toSuccessfully Marketing Your BookPart Five:

That's Me!The Insider...

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Whether traditionally published or Self-Published

an Author's reality is the same...Marketing Sells Books!

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Your Formula For Success =

Kick-Arse Marketing Plan(plus a hint of patience and persistence)

Quality Content+

Strong Editorial Support+

Visually Engaging Design+

Professional Printing

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So Who Am I – The Insider

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Back in Publishing – A number of realisations quickly dawned on me...

Marketing is REALLY scary

Marketing is rarely thought about until after launch

What works for one – doesn't work for another

Misconception – Publishers & Distributors are responsible for ALL the marketing

No correlation is drawn between marketing & book sales

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(Horror) Case Study #1

Geoff – In his favour had...

Strong franchise based business, with a referral network of clients.

Strong book title. Local profile within his coastal town community.

Occasional speaking engagements.Spent 6 months developing the content.

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(Horror) Case Study #1 continued...

Geoff – The odds stacked against him...

Proofed but not edited manuscript.Printed locally, high $/unit.

Marketing limited to small speaking engagements.

ResultNo Marketing & Low Quality Product

= No Sales & Minus ROI

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(Horror) Case Study #2

Gina – In her favour had...

Well written, edited and designed book.Niche but solid market.

Well-built website.Growing speaker profile.Strong seminar structure.

Great bulk sales opportunity.Multiple PR angles.

Aust Based Distributor.

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(Horror) Case Study #2 continued...Gina – Backlist title gathering dust... WHY?

Saddle Stitch Journal – limited interest by retailers.Limited initative to seek bulk sales.

Unexecuted marketing plan.Cancelled seminars leading to both the target audience

and Author moving on.

ResultMissed Opportunities &

Limited Book Sales

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(Horror) Case Study #3

Lisa – In her favour had...

Previous success as a Self-Published Author.Contract with a Speciality Publisher for her new book.

Solid Audience that will follow new venture.Top product development team.

Possible opportunities for sponsorship.

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(Horror) Case Study #3 continued...

Lisa – Failure to launch... WHY?

Drop in projected sales forecasts.Breakdown in communication.

Marketing, what marketing?

ResultLet the finger pointing begin!

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The Underlying Messagein each of these cases...

Marketing Sells Books!

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One: Define Your Book, Audience and MilestonesTwo: Building Your Online Platform

Three: What is Distribution?Four: Building Your Platform with PR & Publicity

Five: How to Monetise Your BookSix: Structuring Your Marketing Plan

The Bestseller Incubator Webinar

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How to this information:Traditionally Published Author -

Build a marketing plan that will support the activity being undertaken by your Publisher.

Self Published Author - Build a campaign that will take you beyond your first year as an Author.

Understand that YOU are truly accountable for your own success!

Just Put Pen to Paper - Plan how to turn your investment

into a profitable income.

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Five: Monetising Your Book

- Seminars & Webinars

- Professional Speaking

- Networking

- Package Deals

- Licensing

- Bulk Sales

- Sponsorship

- Compilation Books

- Trade Shows & Expos

- Coaching Programs

- Give Back (Charities)

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To begin your Self-Publishing journey

as part of The Bestseller Incubator

join us now at www.barefootbasics.com