How I Made $3,266.92 On Amazon KDP in October 2023
Welcome to my October 2023 KDP income report where I give you a peek into the world of my self-publishing journey on Amazon.
Here’s a breakdown of my earnings, my best-selling books, and the role advertising played in my strategy.
Earnings Breakdown
For the month of October, I made a total of $3,266.192. Interestingly, while this was a slight drop from the previous month, I observed that my daily sales were more consistent.
One reason behind this might be that I’ve been engrossed in building other income streams and haven’t been able to publish as many books. Although, I did manage to release three activity books.
In the upcoming month of November, my target is to churn out between four to eight books, which will include coloring books, activity books, and one higher content book.
To give you a clearer picture, my highest earnings in a day for this month was $152.8 on October 17th. On the flip side, my lowest was $76.1 on October 15th.
For perspective, last year in the same month, I made $1,241.53 in total. The highest I earned on a single day then was $64.6 on October 13th, which is even lesser than my lowest day this year!
This gives a sense of how much progress can be made in a year.
Top Sellers for October
Diving into the specifics, here were my top performers:
- A log book that earned me $927.91
- An activity book that brought in over $701.74
- Another activity book that netted $433.90
- A quiz book making $404.83
- Yet another activity book grossing $164.58.
- After these books were a couple of coloring books, with one raking in $93.99 and another close behind.
Ads Breakdown
Advertising plays a significant role in this business. In the UK, I shelled out over £570 on ads, resulting in sales over £1670, with an AC cost of 34.4%.
Meanwhile, in the US, I was a bit conservative, spending nearly $150, which gave me sales of $416.46 and an AC cost of $35.81.
However, my ads in the Canadian market wasn’t fruitful. I spent $2.10, but unfortunately, didn’t make any sales.
Final Breakdown
After considering all expenses, which also include my subscriptions like ChatGPT Pro, Canva, Creative Fabrica, Midjourney, and Leonardo AI, my total outflow was $1,110.81.
This means my net profit for October stood at $2,156.11.
You can also read my September income report:
Wrapping Up
October was another highly profitable month and I’m looking forward to November and December.
How did your October fare for you? And what are your plans for the upcoming months?
Thanks for reading!