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- # First 10k readers
- Nick Stephenson, http://www.yourfirst10kreaders.com
- ## Video 1: The Three Step Formula to Grow Your Audience
- ### Five big struggles
- 1. Finding and growing an audience & readership
- 2. Selling my books and other products and learning how to sell w/o being sleazy
- 3. Managing my time effectively and avoiding overwhelm
- 4. Overcoming fear of failure and not being too introverted, avoiding procrastination
- 5. Getting reviews & recognition for my work
- ### The Big Myth
- “Just write more books” or “just write a new blog post every day“.
- Without an audience, you’re performing to an empty theater, no matter how many books you write or blog posts you publish.
- Amazon and other stores aren’t bookstores, they’re search engines.
- ### The goal
- 1. Find new readers
- 2. Turn readers into fans
- 3. Sell effectively to your fans
- 4. Put the whole system on autopilot
- 5. Generate revenue for years
- In other words, use an effective system for leveraging the books you already have (or soon will) rather than striving to release new books every month just to stay afloat.
- ### Getting the right mindset
- Amazon and ebook retailers are *not* bookstores. They are search engines that happen to sell books and other products.
- People on Amazon are already geared to buy.
- So, approach your marketing in the same way you would get a website up to the top of Google: focusing on what the search engine was looking for and how it recommended pages (i.e. books) to browsers.
- ### The 3 step formula
- 1. Drive more readers to your online books (web traffic)
- 2. Turn those random browsers into paying fans (conversions)
- 3. Sell your products effectively w/o being “salesy” (engagement)
- Traffic + Conversions + Engagement = Sales
- The first job is learning where to focus: understand what activities are effective, and which you should ignore.
- ## Video 2: Generate endless traffic and turn it into raving fans
- ### Step 1: More Traffic
- There’s no shortage of traffic. You put in the sweat equity or you go to the traffic store.
- Amazon is the world’s #3 search engine.
- One easy way to significantly boost your traffic is to offer a free ebook.
- #### Free ebook
- It doesn’t need to be long. A short story will get you started.
- Fiction example: teamed w/ 7 other authors. Each submitted a short story, new or existing. Bundled them together, got a cover, and linked to each author’s website to collect readers’ email addresses.
- Non-fiction example: repurposed, strong CTA in the front, the back, and in the description.
- Every platform lets you set the price to free except Amazon. To make an ebook free on Amazon, use Draft2Digital to get on other platforms, set the price to $0, then use Amazon price matching.
- #### Giveaway
- Offer something your perfect customer wants.
- - A bundle of paperbacks/hardcovers in your genre, niche
- - A kindle pre-loaded w/ ebooks
- - Collect email addresses and follow up w/ a free gift
- - Keep those people who engage
- - When you’re ready to launch, those people will be the first in line
- With giveaways you will get a lot of “tire kicker” traffic. These people need to be weeded out. Only keep the good customers. Offer a free gift/reader magnet.
- Get started using Rafflecopter (free) or Kingsumo (premium).
- #### Facebook Ads
- For as little as $5/day, you can reach a target audience whenever you want. Turn the traffic up or down, as desired.
- Once you can convert that traffic into fans and then into sales, and once you lock in a positive ROI, you can scale up to the moon.
- Best to wait on these until you have the rest of the system in place and tuned.
- ### Convert traffic into fans & subscribers
- Give them a compelling reason.
- Reader magnets turn casual browsers into committed fans: something of value that you give to your readers in exchange for an email address.
- The magnet doesn’t need to be another book. It just needs to be something of value.
- - Preview chapters.
- - Deleted scenes
- - Character histories
- - Digital artwork
- - New releases club membership
- - Other authors’ books (w/ permission, ofc)
- - Giveaways
- - Audio versions
- - … use your imagination
- Inside every book, include a big graphical advert in the front, in the back, offering the magnet in exchange for the mailing list signup.
- Send the traffic to a landing page. Only clickable thing on the landing page is the CTA button for signing up.
- Once they sign up, email them immediately with a link to the download page.
- ## Video 3: How to sell effectively
- There are 3 different motivations and objections to address before a reader will take the plunge and buy. You’re asking a reader to commit time and money to your work. How you engage your audience will make or break this buying decision.
- Example of brands and promises, high-end vs. low-end: dreams and aspirations vs. value for money.
- Reasons customers don’t buy:
- - Apathy
- - Cynicism
- - Mental barriers
- - Procrastination
- On Amazon, you don’t get much space to overcome objections. This is why you need your own platform. You can overcome objections in email.
- Effective selling:
- - sells when the time is right
- - builds trust first
- - proves the brand
- - proves the value
- Do these things, and you will always see results.
- Add value with *every single communication you have* w/ a customer.
- - Apathy sets in in response to irrelevant communication.
- - Cynicism looks for reasons to distrust.
- - Mental barriers: I don’t have time, I’m special, it won’t work for me right now.
- - Procrastination: perfect timing, perfect positioning, but “I’ll get it later”.
- It’s your job to overcome these
- ### How to overcome objections
- Apathy: define your audience and make it clear who your books are for, and who they are *not* for. Make it obvious.
- Cynicism: employ “trust markers” to communicate quality (pro packaging, reviews, editorials, samples, etc.). Provide as much free stuff as possible to prove your quality.
- Mental barriers: show people a wide variety of different demographics of people getting results (reviews, facebook comments, etc.) and break it down so to avoid overwhelm. Give them a BIG WIN. Less of an issue for fiction, but reviews and samples are key here.
- Procrastination: give readers compelling reason to buy NOW instead of waiting until later (bonuses, price drops, exclusivity). 3-day sales. BookBub requires this. People need deadlines.
- ### Launch System Example (email sequence)
- 1. Free examples of your work (samples): the best example of your work as possible (short stories, full novel)
- 2. Your story and your pain (apathy): why you got into writing, what books you enjoy, what struggles your encounter.
- 3. Examples of your work, your credentials, reviews, testimonials (cynicism): talk about other books you’ve written, what others have said about you.
- 4. Your journey and other people you’ve entertained, inspired, or educated (mental barriers): what have you gone through? Show other people enjoying your work. Get pictures of readers w/ your book on holiday.
- 5. Launch your new book or other product w/ a time-sensitive bonus offer (procrastination)
- Provide readers w/ valuable content before you ask for a sale. Engage reciprocity!
- ### Put it on autopilot
- Once it’s set up, it’ll work in the background.
- - Your free books stay free (and you get lots of traffic)
- - Your landing pages convert traffic into subscribers
- - Your email autoresponder sends more great content once a reader has signed up, leading them towards “buying” mode
- - And you have yourself a lifelong asset to use whenever you like
- ### Recap
- - Create a reader magnet
- - Advertise this reader magnet everywhere you can
- - Use free books to drive traffic to your landing page and email list
- - Convert random browsers into subscribers
- - Follow up w/ email messages that add value and build a connection
- - Sell when the time is right
- Once this is set up and you have conversions, it’s time to scale up.
- ### Scale up
- - Podcasts and guest posts
- - Online and offline events
- - Giveaways
- - Paid advertising (esp. Facebook ads)
- - Bookbub
- Traffic == $$
- No shortage of traffic on the internet. Even using free or cheap services, you can get measurable results.
- None of this is “theory”—this is a proven strategy. It takes work, but it works the same, whatever stage you’re currently at.
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