How To Write Self Help Book
Write, Publish and Market a
Book with No Out-of-Pocket Money by:
Kathleen Gage
Do you dream of having a book published, but don’t know
where to turn? Already have a book, but unsure of how to
promote it? Looking for cost effective high-return strategies
to market your book? If you answered yes to any of these
questions, then the following information is for you.
Many writers and aspiring authors are under the mistaken
belief if their book is published by a publishing house they
can sit back and watch sales miraculously happen. Nothing could
be further from the truth. Fact is, competition to have your
manuscript noticed and published by a large house is extremely
fierce. Additionally, no matter who publishes your book, you
absolutely must take an active roll in marketing, promoting and
selling your book.
Moreover, profit margins are not extremely good when you go
through a publisher. Sure, if you sell tens of thousands or
hundreds of thousands of books, you make substantial amounts of
money. In reality only a small percentage of writers achieve
this level of success.
A great model for achieving success is to self-publish and
actively promote your book. Self-publishing is one of the best
ways to get your manuscript to market quickly is to. Another
great benefit of self-publishing is you have complete control
of the creative process. You make the decisions on content,
editing, cover design, title and you reap the profits.
A primary downside with self publishing are costs involved.
Depending on whether or not you hire an editor, designer,
layout person and cost of printing, the initial outlay for
self-publishing a book can be several thousands of dollars for
the first run. Besides there are no guarantees your book will
sell. However, you can lessen your risk of costs and increase
your level of sales with a simple formula.
Imagine if you could self publish with no out of pocket
money. Additionally, imagine gaining lots of free publicity and
visibility in your market at the same time. I know this to be
true, because I have done it.
The following formula is one that can be used by virtually
anyone to raise funds to publish a book. In addition, you can
gain great visibility, do the initial run with no out of pocket
money and position yourself for volume sales.
Although the formula is rather simple in concept, it is not
necessarily easy to do as it takes planning, time, effort,
consistency and great follow up to make it work as well as
possible.
You can write, publish and market a book with no out of
pocket expenses by hosting a seminar with a topic that is
linked to the book. In order to keep costs down in the rollout
host the seminar in your local market. You can further offset
costs by securing sponsors for the seminar. Event sponsors
provide funding necessary to the costs of an event. They can
either contribute in actual dollars or with in-kind offerings.
Sponsors underwrite various aspects of an event.
I did this at the beginning of December with my most recent
book, “101 Ways to Get Your Foot in the Door” and had an
incredible response. Although there was a lot of work involved
in the rollout the results were, and continue to be,
incredible.
Besides writing content for the book each author had a very
specific role. Mine was the marketing and promotions of the
book. The first level was to develop a clear marketing strategy
for my 3 co-authors and myself.
Prior to beginning the writing of the book, we developed a
very detailed project plan. The plan included hosting an event
to introduce the book to our local market.
Knowing the costs to an event such as we were planning, I
knew it would be beneficial to secure sponsors. I developed a
very solid proposal for sponsorship of the seminar. Because of
very detailed information and showing the sponsors how they
would gain from being involved, I was able to secure two
excellent sponsors. One is a primary business newspaper in Utah
and the other is an organization who targets start up
businesses.
The paper was more than willing to do some advertising for
the event in exchange for some great visibility and additional
subscribers. The organization offset the costs of the room and
audio-visual equipment in exchange for mentions in the
advertising and all pre-event promotions. Both sponsors were
given the opportunity to do a 5 minute presentation at the
seminar and distribute promotional information to everyone in
attendance. It was a win/win all the way around.
Had I not had a clear-cut proposal for the potential
sponsors chances are I would not have secured their support.
Also, I know it is easier to gain support from businesses who
know me rather than trying to get sponsorship from an
organization who has no idea who I am. The same will be true
for most anyone.
With day of event expenses covered, we could now focus on
generating revenue for publishing the book. This was done by
pre-selling the book. Anyone who purchased the book sight
unseen by November 28, 2004 was given a seat into the seminar
on December 2nd.
With initial revenues from pre-seminar sales designed to
offset book production costs we were able to write, market and
publish the book with no out of pocket money. By utilizing the
databases of all four authors, press releases, pre-event radio
interviews and presentations at Chambers and local
organizations, word of mouth promotions, and other
low-cost/no-cost forms of promotions, we sold over 350 copies
sight unseen. (Cost of the book is $19.95)
We had well over 200 people attend the seminar as some of
the pre-event purchases were from folks who were out of the
area.
A key to our success was having a functional website were
the book was (and is) available. www.101waystogetyourfootinthedoor.com
We utilized online credit card purchasing options for
buyers. In that 80% of our sales were done with Internet and
credit cards, we would have been remiss to not use this as a
method to sell.
As we were pre-selling it was important to let people know
that the cost of a seat into the seminar was the book. Also, if
they didn’t make it to the seminar we would mail them the book
for $4 more or they could pick it up. The $4 covered mailing
costs. If we didn’t do this we would have cut way into our
profit margin.
We made a strong point of letting people know they were
buying the book, not the seat into the seminar. However, the
only way into the seminar was to buy the book.
To gain even more value from the event and increase day of
event revenues each author sold other products Back of the Room
(BOR). One author sold a sales training program. The signups
that day realized several thousand in additional revenue for
her.
The two other authors sold specialty items and set up
appointments for those who were interested in such things in
their sales campaigns.
I sold my Street Smarts Marketing and Promotions™ program as
an E-book. This helped me to generate several thousand in
additional revenue. Knowing audience members were already
interested in my material, I put together a special day of
event package with three of my e-products bundled together.
Everyone received one of my order forms upon registering.
At the end of my session I did a short sales presentation.
All folks had to do was fill out the order form. With each
sale, all I had to do was process their credit cards and email
them the PDF document. No mailing costs or printing costs.
Nearly a 100% profit margin.
Many self published authors shy away from doing
presentations claiming to be an author and not a speaker. Fact
is, if you get in front of a target audience who is interested
in your topic and you present your ideas well the amount of
books you can sell is incredible.
The book complimented by a well delivered presentation allow
you to get in front of meeting planners who may be in a
position to utilize your services and your book at a later
date. You may also have representatives from companies who want
to buy large quantities of your book.
Since the release of the book I have had some companies buy
“101 Ways to Get You’re your Foot in the Door” in large
quantities. Because Maxwell Publishing is my company and the
book was published through Maxwell, I have the flexibility to
do special runs. With a minimum purchase a client can add their
logo to the front cover of the book and a personalized letter
from whomever they choose included in the book. This is a great
marketing tool for them with long-term benefits to their
employees or customers.
Granted, myself and one of the other authors are
professional speakers so presenting at an event such as I
outlined is a part of our marketing model. However, two of the
authors are not professional speakers per say. Yet, in their
everyday business they do present frequently. However, with
this event, it was a different type of presentation for them.
They will be the first to admit that additional exposure and
sales were worth doing this type of presentation.
Regardless of your topic the model we implemented can be
used by virtually anyone. For example, if you have a book on
nutrition, find a health food store who wants more foot traffic
and visibility. They may be a perfect fit as a sponsor. Not
only can they help you to offset costs they can help to promote
the event. At the seminar you can promote their products with
coupons, mentions and information provided. It’s a win/win.
If you have a book on real estate sales there’s bound to be
a mortgage company who may be interested in sponsoring you.
Perhaps they would be willing to buy a book for every real
estate agent who does business with them. Or, they could give a
book to each of their mortgage brokers.
If you have a book on childhood development, what about a
baby clothing store? Perhaps the store would cross promote and
give a book to each customer who buys a minimum amount of
product in their store. This adds value from them to their
customers and creates a win/win for you and the store.
In today’s world of writing, marketing and publishing a
book, the possibilities are only limited by imagination.
Copyright: © 2005 by Kathleen Gage
Web Address: www.kathleengage.com
Publishing Guidelines: You may publish my article in your
newsletter, on your web site, or in your print publication
provided you include the resource box at the end. Notification
would be appreciated but is not required.
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About The Author
Do you want to gain massive visibility
within your market? Kathleen Gage can help you
do just that. As a published author, keynote
speaker and top rated award winning business
advisor, Kathleen Gage teaches strategies that
give high impact and high return. Sign up for
Gage’s FR*EE Report “Learn How a Salt Lake City
based consultant made over $100,000 from one
idea” at www.kathleengage.com.
kathleen@turningpointpresents.com
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