Page 62 - AI_Profit_Blueprint
P. 62

for you. And it costs you nothing to give away the audiobook


               along with your written book so it’s all profit in your pocket.





               But that’s just one way you can leverage your audiobook to

               increase your profits. The second way is to sell it as an optional


               add-on that your customers can add to their order when they

               purchase your book. This is my favorite way to do this. I’ll sell a


               book for $3 and offer the audiobook version as an add-on, or an


               order bump, for an extra $7-19. Typically roughly 25% of the

               people who purchase my books will also add the audiobook


               version to their order. If I’m charging $9 for the audiobook and

               25% of my customers purchase it that means I’m going to make


               an extra $2.25 per person who buys my book which means I

               make $5.25 rather than $3 every time I sell a book.





               Here’s how that math works: ($9 * .25) + $3 = $5.25






               That almost doubles the value per person who buys my book

               and no one can complain about doubling profits with almost no


               work.














                                                                                                           62
   57   58   59   60   61   62   63   64   65   66   67