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How to Price Your New Book

Lesson 62 from: ChatGPT & Midjourney: 23 Ways of Earning Money with AI

Philip Ebiner, Diego Davila

How to Price Your New Book

Lesson 62 from: ChatGPT & Midjourney: 23 Ways of Earning Money with AI

Philip Ebiner, Diego Davila

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Lesson Info

62. How to Price Your New Book

Next Lesson: Marketing Your Book

Lessons

Class Trailer

Introduction to the ChatGPT & Midjourney Course

1

Welcome to 23 Ways of Earning Money with AI

09:55
2

Get Started with ChatGPT

07:52

ChatGPT Revenue: Freelance services

3

ChatGPT Freelance: Introduction

01:12
4

ChatGPT Freelancing: Best platforms for freelancers

05:30
5

Creating your Fiverr freelancer account

04:59

ChatGPT: Copywriting

6

Copywriting opportunities in Fiverr & ChatGPT

03:51
7

Case Study: Writing a sales page as a freelancer with ChatGPT

13:26

ChatGPT: Social Media Content

8

Social media content opportunities with ChatGPT

03:39
9

Case Study: Content Calendar & Social Media content

10:49

ChatGPT: Email Marketing

10

Email Marketing opportunities with ChatGPT

04:15
11

Case Study: Email marketing freelancer with ChatGPT

09:50

ChatGPT: Online Course Content

12

Online course content opportunities with ChatGPT

03:53
13

Case Study: Course outline creation with ChatGPT

05:58

ChatGPT: Ads copywriting

14

Ads copywriting opportunities with ChatGPT

06:30
15

Case Study: Facebook & Google Ads with ChatGPT

08:55

ChatGPT: Video Scripts

16

Video Scripts opportunities

03:41
17

Case Study: Create a complete video script for YouTube

04:57

ChatGPT: Sales funnels

18

Sales Funnels opportunities

02:22
19

Steps to create a powerful marketing funnel with ChatGPT

05:22
20

Identifying your buyer persona with ChatGPT

05:12
21

Creating a lead magnet with ChatGPT

08:14
22

Creating copy for the landing page and social media with ChatGPT

06:34
23

Writing a complete email sequence for your funnel with ChatGPT

03:59

ChatGPT: Website content

24

Website content & creation opportunities with ChatGPT

03:43
25

Introduction to using ChatGPT in your website

02:12
26

Website copy for the homepage, about us page and contact us page

03:55
27

Landing page headlines and copy

02:57
28

Meta descriptions with ChatGPT

01:46
29

CRASH COURSE: Website Creation with WordPress

31:55

ChatGPT Revenue: Online Courses

30

Creating online courses with ChatGPT

01:10
31

Come Up with Online Course Ideas

01:44
32

Write an Online Course Outline

03:22
33

Write a Course Promo Video Script & Launch Email

02:45
34

Write Educational Content & Emails for Students

04:38
35

Answer Student Questions

05:07

Midjourney AI: First Steps to passive income with Midjourney

36

Creating your Midjourney account

03:31
37

Generating images with Midjourney

09:15
38

Midjourney Parameters, Prompts, and advanced options

09:17

Midjourney Revenue: Creating Art in Seconds

39

Midjourney revenue opportunities

05:14
40

Creating product images with Midjourney

04:09
41

Creating product photographs with Midjourney

02:47
42

Creating website ideas with Midjourney

02:23

Midjourney Revenue: Graphic design

43

Logo design opportunities

02:47
44

Creating a Logo for my business with Midjourney

02:25
45

How to vectorize your logo with AI

03:28
46

Other AI tools to create business logo

04:11

Midjourney Revenue: Selling your Art

47

How and where to sell your AI generated art

04:59

Midjourney Revenue: Bestselling T-shirts

48

Etsy + Midjourney + ChatGPT opportunities

03:20
49

Formula to generate unlimited T-shirt prompts

02:58
50

Generating the images for your T-shirts

06:40
51

Sourcing the T-shirts and shipping to your clients

07:04
52

All you need to grow your Etsy business

08:58

Case Study: ChatGPT eBook Creation From Idea to Your First Amazon Sale

53

Introduction to the Case Study: Start Making Money with Amazon Books in 24 Hours

12:37
54

Come Up with Your Book Idea with ChatGPT

23:33
55

Outline Your Book with ChatGPT

03:55
56

Writing a Book with ChatGPT

12:39
57

Basic Formatting in Google Docs

03:36
58

Signing Up for Amazon Kindle Direct Publishing

02:48
59

Adding Kindle Book Details - Part 1

13:39
60

Formatting Your Book for Amazon Kindle

07:36
61

Design a Book Cover that Stands Out

13:53
62

How to Price Your New Book

05:11
63

Marketing Your Book

11:49
64

Turning Your eBook into a Hardcover and Paperback Book

11:09

Conclusion to the Course

65

Thank You - You're Done!

01:16

Lesson Info

How to Price Your New Book

Now let's talk about pricing. So, on the ebook pricing page, the first thing is the KDP select enrollment. I highly recommend enrolling in this. It allows you to reach more readers and make more money. It adds your book to that membership pool where you get paid per page read. Basically. So anyone that has a kindle unlimited account can re access your book for free as part of their membership. But then you get paid a royalty. If, if you get, if it gets read, it also gives you those marketing abilities to promote your book for free, have a price countdown and that's how we're going to launch our book. And I'll talk about that in the marketing video coming up. So I would highly recommend that next you have territories. Unless you have a specific reason, you don't want your book in a specific country or territory, select all territories, the primary marketplace. Amazon dot com. Unless you have another Amazon. Uh If you're in one of these other marketplaces, primarily, you would select one...

of those, then we have pricing and this can look a little confusing, but it'll make sense in just a minute. You have an option of keeping 35% or 70% of your royalties. And you might be like, well, why would I want 35%? And the reason is because it gives you the option to charge higher. So you can see that the price can be between 199 and $200. And then for the 70% it's 299 to 999. I recommend this price point. I think it's works well. So say I want to sell my book for the lowest option for 70%. I would make a dollar 60 at the 70% royalty. There is a fee that comes with this in this price point. There's no fee for the 35%. But, and you can see you're at the same price 0. 99 at 35%. You're making a dollar 05. Say you want the cheapest price out there though at a dollar which isn't available for the 70%. Then you make 70 cents per sale 299 versus 199. The only reason to do 199 is if you're really conscious about wanting to compete on price, but I feel like two versus $3 really isn't much of a difference for a lot of people. So why not just bump it up to 299 and make an extra dollar per sale? Basically. Of course, if you think your content in your book is worth more than $10. Then you'll have to use the 35% fee uh rate, but then you could charge more than 999 and all of this is converted to other currencies automatically for you. And the other thing to note is this can be changed later later on. So I feel like at the beginning you might as well use price as a factor to compete with the other books on Amazon and choose a lower price here. Let's see, you can see the other landscape photography books out there and the ones that are not sponsored the top selling 1267 21 22 4 49. So these are higher price books. And so if you come out with a great book, that's you can start competing based off of price. Once you do all that, you select your price, you're going to click the publish your Kindle ebook button, then you're gonna get an email that says it's been submitted and then within 24 to 72 hours or so, you'll get an email back and it will either be published or it will have some sort of error. Maybe your title wasn't on your cover image. There might be errors in the book formatting issues. But if you followed the steps so far, you should be good to go and it should be published and once your book is published, you can go back to your book she shelf and it will have the links to the Amazon page and this is the page that you would send to anyone to download your book. So here we have for our case study book view on Amazon and you have all the different marketplaces and something to note that I found is that if you send the US one. So if you're in the US right now or in any country, and if you're promoting it to a worldwide audience, if you send the US link, it might not work. So you have to either tell people to search for the title of your book and your name for it to show up or send them the individual links for their country for their marketplace. So that's pretty much it. Now, I hope you've been following along. If you've been actually doing the work following along, then wait till you get published and we're gonna talk about marketing. We're also going to talk about converting your book to hardback or paperback relatively easily with like a couple of clicks of a button coming up in the next videos. So stay tuned and we'll talk about marketing next.

Class Materials

Bonus Materials

ChatGPT+Prompts+Guide+-+Making+money+with+ChatGPT+&+Midjourney.pdf

Ratings and Reviews

Ann Albers
 

I have been using ChatGPT since early this year and love it, but there's always more to learn to pass along to clients. What a great, practical class with cookbook like instructions for getting set up and using it on various platforms. Funny enough, I was uploading art I created in AI and doctored up in photoshop while I was listening :) Well done!

Muhammad Ejaz
 

Thank you so much for this awesome course.

Isabelle Leroux
 

Wow! This was an easier process than I thought, with the follow and do as you go along with the videos. I am finishing up my first journal to be published and 3 more in the works. Can’t wait to see how it goes with the sales! Thank you so so much for this complete and thorough course!

Student Work

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