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The Secret Economics of Book Publishing
Unveiling the True ROI of Writing a Book
Assalamu'alaikum,
I often hear people saying: "Why write a book? You hardly make any money selling a book."
Let me convince you otherwise and share the financial and non-financial gains of writing a book.
It's true that you don’t make much money from publishing a book. For example:
Your publisher offers you a 15% royalty on net sales.
You sell a $20 book, costing the publisher $10.
Your royalty? A modest $1.5 per book.
If you sell 1000 copies a year, that's a sum of $1500 per year in royalty commission.
You're probably thinking: "$1500 a year? Why would anyone write a book for that?"
But wait, there's a twist in the book economics.
Imagine this: Out of 1000 people who bought your book, five hundred read your book till the end, and 100 readers reach out to you and seek additional training and coaching:
50 readers sign up for a $99 course you offer on the book content
30 readers enroll in your $499 group coaching program to help them implement what they learned about the book
20 readers seek you out for personal coaching after reading your book at $999
Do the math:
Royalties: $1500
Course fees: 50 x $99 = $4,950
Mastermind group: 30 x $499 = $14,970
Personal coaching: 20 x $999 = $19,980
The total ROI on your book with just 100 active readers is $41,400!
Do you see how book publishing can become a worthwhile venture?
And that's just the financial impact on your life.
But what about the non-financial impact?
What's the price of your book transforming the life of one person? Or your book helping 10, 20, 100+ people become better versions of themselves?
Prophet Muhammad (peace be upon him) said: "I swear by Allah, it will be better for you that Allah should guide one man through you than that you should acquire the red ones among the camels."
Writing a book is the BEST investment I have ever made in my business - it's an asset that keeps giving financially and non-financially in this life and insha'Allah in the hereafter.
That's why I'm so excited about teaching this upcoming Book-writing masterclass to help many aspiring Muslim self-help authors make meaningful progress on this important venture (and why I can't stop emailing you about it!).
So, if you've had any doubt whether there's any value in book writing, I hope this email convinced you there's a LOT of value in publishing a book... far more than the investment you'll put in our masterclass (see what I did there 😉).
And as I mentioned yesterday, we're making the masterclass more accessible by offering a 10-month installment plan on both essential and premium plans.
Sincerely,