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The Six Figure Author Experiment Podcast

Latest episodes

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Aug 26, 2024 • 1h 1min

Episode 17 - The Godsverse Chronicles Retailer Launch and Live Stream Event (part 1 of 2)

This episode is the first part of a live podcast focused on the launch of The Godsverse Chronicles series. It covers the journey of relaunching the series, marketing strategies, and lessons learned from the experience.Key Points:* The Journey of The Godsverse Chronicles:* The series has been in development since 2017, evolving through multiple launches and rebrands.* The podcast discusses the challenges faced in the initial launch, including low sales and poor market reception, which led to a hiatus before relaunching the series on Kickstarter.* Kickstarter as a Launch Platform:* Kickstarter played a pivotal role in revitalizing The Godsverse Chronicles. The relaunch on this platform marked a turning point, significantly boosting sales and visibility.* The success on Kickstarter demonstrated the potential for consistently launching books on the platform, leading to substantial financial gains.* Rebranding and Strategic Relaunching:* The series underwent a major rebranding effort, including new covers and titles to better align with market expectations.* The importance of rethinking and restructuring the series to make it more marketable and appealing to readers was emphasized.* Marketing Tactics and the Spillover Effect:* The episode covers the concept of the spillover effect, where marketing efforts on one platform (like Kickstarter) positively impact sales on other platforms (like Amazon).* Strategies for timing launches, using preorders, and running ads effectively to maximize the spillover effect are discussed.* Lessons from the Launch:* The hosts share insights from both successful and challenging aspects of the launch, highlighting the importance of persistence, flexibility, and continuous learning in the publishing industry.* The episode concludes with reflections on the evolving nature of book marketing and the need to adapt to changing market conditions.Final Thoughts:This first part of the live podcast offers valuable insights into the process of launching and relaunching a book series, with a focus on The Godsverse Chronicles. The discussion underscores the importance of strategic planning, effective use of platforms like Kickstarter, and the power of rebranding in achieving success in the competitive world of publishing. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.sixfigureauthorexperiment.com
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Aug 19, 2024 • 1h

Episode 16 - Scaling Your Author Career using Facebook Ads with Mal Cooper

Introduction and Guest Overview:* The episode features Malorie Cooper, a well-known figure in the publishing community, who has written over 100 books and is an expert in Facebook ads for authors.* Malorie discusses how Facebook ads significantly boosted her book sales, taking her from selling 300 books a year to 300 books every two or three days.Key Discussion Points:* Facebook Ads for Authors:* Facebook ads were crucial in scaling book sales for Malorie and her business, "The Writing Wives," which helps dozens of authors manage their Facebook ads.* Malorie emphasizes the importance of understanding that Facebook ads can be effective, but they require consistent effort and adaptation due to frequent changes in Facebook’s algorithms.* Kickstarter and Book Launch Strategies:* Malorie and the hosts discuss using Kickstarter to launch books as an alternative to traditional retail platforms like Amazon.* They highlight the potential of Kickstarter to build a dual career—one through Kickstarter and direct sales, and another through traditional retail platforms.* Repackaging and Rebranding:* Malorie talks about the importance of repackaging existing content to maximize its market potential. She mentions creating new covers, editions, and even translating books into other languages as strategies to keep content fresh and appealing.* The idea of using omnibuses and special editions to test new marketing strategies without the need to re-cover entire series is explored.* The Reality of Advertising:* Malorie and the hosts stress that while advertising can be a great equalizer, it’s not a magic bullet. Success requires patience, testing, and a willingness to invest in learning how to run effective ads.* They also discuss the challenge of managing expectations when it comes to the returns on investment in advertising, especially for single books versus series.* Read-Through and Series Success:* A significant focus is placed on the concept of read-through in a book series, which is critical for profitability. They discuss the benchmarks for good read-through rates and how they’ve shifted over time due to market saturation.* Strategies for improving read-through, such as fixing characters or story elements that might be turning readers away, are also covered.Final Thoughts:* The discussion underscores the importance of leveraging multiple platforms and strategies, from Facebook ads to Kickstarter campaigns, to maximize book sales and build a sustainable author career.* The conversation ends with a reflection on the evolving nature of book marketing and the need for authors to adapt continuously.This episode provides valuable insights for authors looking to scale their book sales through smart marketing strategies and the effective use of advertising and crowdfunding platforms.Resources * Check out Russell’s series launch checklist: https://BookHip.com/BDJDMNG* Grab your own Free Book Launch Checklist (includes how to apply for merchandising)Writing wives episode:Live on August 27th: https://www.thewritingwives.com/facebook-ads-advanced This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.sixfigureauthorexperiment.com
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Aug 12, 2024 • 1h 8min

Episode 15 - Colorful Marketing Magic: Unlocking Bestseller Secrets

Welcome to the Six Figure Author Experiment Podcast. Hosts Russell Nohelty and Lee Savino dive into a colorful mix of personal anecdotes, book marketing strategies, and insights on making book launches successful. This episode is packed with practical advice and lively discussions.Key Highlights:* The Art of Personal Style:* Russell kicked off the episode by showcasing his new Keith Haring jacket and Russell from "Up" hat, sharing a fun story about his Disneyland trip and how he ended up buying the jacket despite discouragement from his family.* Comic Projects and Marketing Ideas:* The hosts discussed their plans for a spicy comic, including potential cosplay marketing strategies. Although Russell vetoed the idea due to the comic's content, they highlighted the importance of creative marketing approaches.* Launch Strategies and Insights:* Lee shared her experiences with launching her series, including insights from Alana Johnson on rapid releasing and the different levels of book launches (soft, medium, and hard). They discussed the benefits of focusing on books later in the series for harder launches.* Optimal Series Length:* The hosts explored the concept of the perfect series length, referencing Alana Johnson’s strategy of making book seven a must-read by seeding important plot points in earlier books. They discussed the sales dip after book six and how to overcome it.* Redemption Arcs and Villain Development:* Lee shared how she and her co-author plan redemption arcs for their villains, turning them into heroes in later books. This strategy keeps readers engaged and eager for future releases.* Analyzing Launch Numbers:* Lee revealed the launch numbers for her Bad Boy Alphas series, emphasizing the importance of pre-orders and strategic advertising to achieve USA Today bestseller status. She discussed the varying success of different books in the series.* Direct Sales and Ad Strategies:* Russell and Lee talked about their experiences with direct sales and the importance of ad spend. Lee mentioned her cautious approach with her new ad manager and the ongoing tests with discrete covers and branding.* Handling Technical Issues:* The hosts shared their frustrations with technical issues on platforms like IngramSpark and Amazon. They provided tips on managing these challenges, such as uploading to multiple platforms and seeking human support when necessary.* Overcoming Setbacks and Maintaining Perspective:* The episode emphasized the importance of resilience and perspective in the face of setbacks. The hosts encouraged authors to celebrate small wins and learn from every experience, no matter the outcome.FINAL THOUGHT: In this vibrant episode, Russell and Lee mixed personal flair with valuable marketing insights, illustrating the importance of creativity and perseverance in book launches. Their candid discussions about challenges and successes offer a realistic yet encouraging perspective for authors navigating the complex world of book publishing. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.sixfigureauthorexperiment.com
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Aug 5, 2024 • 38min

Episode 14 - Overwhelm to Optimization: Mastering Book Marketing

Hosts Russell Nohelty and Lee Savino delve into the highs and lows of book marketing, offering practical advice and personal insights into what makes a successful book launch. This episode focuses on strategies to make necessary marketing tasks more enjoyable and effective.Key Highlights:* Balancing Fun and Function:* The episode opened with a discussion on finding the balance between enjoyable activities and essential tasks in the author business. Russell and Lee emphasized that while not every task will be fun, finding ways to make necessary marketing activities more engaging can lead to greater productivity and success.* Finding the Fun in Marketing:* Lee and Russell discussed how to make necessary but often tedious tasks enjoyable. They highlighted the significance of focusing on the least amount of work that can yield the most results, advocating for a strategic approach to marketing.* Sales Page Optimization:* The conversation covered essential elements of a compelling sales page, including incorporating testimonials, clear pricing strategies, and cohesive design. Russell mentioned specific changes made to his sales page, such as adding testimonials and adjusting prices, to enhance its effectiveness.* Pricing Strategies and Testing:* The hosts debated various pricing strategies for book bundles and individual books, stressing the importance of testing different approaches. They suggested running ads and using click testing to identify the most effective pricing and promotional strategies.* Importance of Iteration:* Both hosts shared personal experiences of rebranding and refining their book covers and marketing strategies over time. They encouraged authors to view their initial launches as learning opportunities and to continuously iterate based on feedback and results.* Building Infrastructure Around Successful Books:* Lee quoted Becca Symes, advising authors to build infrastructure around books that sell well. The hosts highlighted the importance of investing time and resources in successful books to maximize their potential.* Managing Expectations for First Book Launches:* Russell and Lee discussed the challenges of launching a first book, suggesting that authors should focus on building momentum for future books in a series rather than expecting immediate success. They recommended planning a long-term strategy that includes multiple book releases.FINAL THOUGHT: In this episode, Russell and Lee provided a candid look at the complexities of book marketing and the iterative process of building a successful author career. By balancing ambition with realistic goals, focusing on effective sales page elements, and continuously iterating based on feedback, authors can navigate the challenges of their first book launches and build a sustainable and thriving career. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.sixfigureauthorexperiment.com
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Jul 29, 2024 • 48min

Episode 13 - Building Audiences, Breaking Barriers: Author Strategies for Long-Term Success

Hosts Russell Nohelty and Lee Savino return with a fresh episode of the Six Figure Author Experiment podcast, focusing on the importance of audience building, consistent marketing strategies, and the challenges authors face in breaking through financial barriers.Key Highlights:* The Power of a Growing Audience:* Russell and Lee discussed how building a substantial audience over time can significantly ease the process of book launches and sales. Lee highlighted her journey from struggling to attract a few hundred people to now having a mailing list of 45,000, growing by 100 to 200 subscribers daily.* Overcoming Financial Setbacks:* Russell shared his experience with losing $30,000 in past ventures but emphasized how these failures eventually led to building a robust audience. The hosts agreed that perseverance and continuous audience engagement are crucial for long-term success.* Leveraging Kickstarter and Unique Projects:* Russell recently released a book on Kickstarter that raised $5,000, showcasing the potential of crowd-funding platforms. He emphasized that the key to such successes lies in having a dedicated audience willing to support diverse and unique projects.* Monetizing Through Multiple Channels:* The discussion covered the importance of diversifying income streams, from direct sales to leveraging platforms like ConvertKit for email marketing. Both hosts stressed the need for professional editing, cover design, and strategic use of advertisements.* Insights on Effective Sales Pages:* The hosts provided practical advice on constructing effective sales pages, emphasizing clear value propositions, reader testimonials, and strategic pricing to highlight discounts and offers.* Personal Development and Mindset:* Lee shared her journey from a finance career to becoming an author, highlighting the importance of aligning personal goals with professional aspirations. She discussed overcoming mental blocks and the value of investing in personal growth to enhance productivity and creativity.FINAL THOUGHT: Russell and Lee underscored the significance of audience building, strategic marketing, and continuous personal development. By leveraging multiple income channels and staying resilient through financial setbacks, authors can create sustainable and thriving careers in the competitive literary landscape. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.sixfigureauthorexperiment.com
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Jul 22, 2024 • 1h 15min

Episode 12 - Click-testing with Steve Pieper

Lee and Russell are joined by Steve Pieper who teaches click-test advertising and direct sales strategy to authors. Opening credits and editing by the amazing Jim Wilbourne. Hosts Russell Nohelty and Lee Savino kicked off the latest episode of their Six Figure Author Experiment podcast with special guest Steve Pieper, a.k.a. Lars Emmerich, discussing the ins and outs of click testing and direct sales for authors.Key Highlights:* Introduction to Steve Pieper:* Steve Pieper, writing thrillers under the pen name Lars Emmerich, shared his journey from relying solely on Amazon to implementing direct sales strategies. He emphasized the importance of understanding reader preferences and optimizing sales pages through click testing.* Click Testing and Sales Strategies:* Click testing involves running short-term, low-budget ads to test different elements of a sales page or advertisement. This helps in determining what resonates most with potential readers.* Steve highlighted the significant benefits of direct sales, such as higher profit margins and control over customer data, which are not possible through platforms like Amazon.* The Cross-Channel Effect:* Advertising on one platform, such as Facebook, can lead to increased sales on another platform, like Amazon. This phenomenon, known as the cross-channel effect, shows the interconnectedness of various sales channels.* Building and Testing Effective Sales Pages:* Steve advised authors to incorporate reader reviews and testimonials throughout their sales pages to build trust and demonstrate value. He also recommended clearly stating the regular price of books and the discount being offered to highlight the value proposition.* Real-Life Examples and Insights:* Lee and Russell shared their experiences with direct sales and the spillover effect, noting how advertising on their stores led to increased visibility and sales on Amazon. They emphasized the importance of a well-crafted sales page and the strategic use of ads.* Practical Tips for Authors:* Invest in professional editing and cover design.* Use click testing to find the most effective sales copy and ads.* Leverage cross-channel advertising to boost overall sales.* Build a strong brand through consistent and high-quality content.FINAL THOUGHT: In this episode, Steve Pieper, along with hosts Russell and Lee, provided valuable insights into the mechanics of click testing and the benefits of direct sales for authors. By understanding and applying these strategies, authors can significantly enhance their marketing efforts and sales performance. As always, the key takeaway is to continuously test, learn, and optimize to stay ahead in the competitive world of book sales.* Purchase or Buy Facebook ads versus Traffic ads * Direct response versus branding marketing * What is click testing and why is it useful?* How to leverage pricing and social proof to convert cold traffic to readers * “You are not your market”* Click Testing for Authors * Steve’s AMMO course* Check out Russell’s series launch checklist: https://BookHip.com/BDJDMNG* Grab your own Free Book Launch Checklist (includes how to apply for merchandising) This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.sixfigureauthorexperiment.com
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Jul 15, 2024 • 1h 13min

Episode 11 - The Highs and Lows of Breaking $100K

Welcome back to another exciting episode of the Six Figure Author Experiment, where we guide you through breaking your first or next $100,000 goal. This week’s episode dives deep into the unpredictable world of hiring and firing in the creative industry.Another “Mess-ipode.” Lee and Russell discuss leveling up in your author business by failing bigger and failing forward. Opening credits and editing by the amazing Jim Wilbourne. Do you like this free form (Squirrel!) conversation or do you prefer a more structured episode? Or do you not notice a difference? :P Key Points:* Hiring and Firing Realities:* Hosts Lee and Russell initially planned to discuss comic creation but pivoted to talk about the challenges of managing team dynamics.* Lee shares her recent struggles with team performance, emphasizing the importance of aligning hires with industry-specific experience to avoid costly mistakes.* Russell highlights the critical nature of making "bankruptable mistakes" as you scale, stressing the need for calculated risks and the inevitability of learning from failures.* Adventures in Advertising:* Russell recounts his $30,000 investment in ads to grow an email list, which despite the high cost, provided invaluable insights and a growing subscriber base.* Discussion on the niche-specific effectiveness of co-registration in ad campaigns, with a spotlight on the varying returns based on the audience's interest area.* Leveraging Small Wins:* Lee and Russell discuss the concept of having reliable "levers" in business—strategies or products that consistently generate revenue.* Lee mentions her successful methods, like specific writing series that guarantee returns, and Russell reflects on his data-driven approach to testing and iterating on different strategies.* Comic and Content Creation:* Both hosts talk about their ventures into creating comics and the importance of diversifying content formats.* Russell shares insights on translating success from one medium (novels) to another (comics) and the lessons learned from high-cost, high-reward projects.* Lee explores the potential of using splash pages in comics to maximize artistic and financial returns, ensuring each piece of art has multiple uses.* Future Prospects and Strategy:* Lee considers combining special edition book releases with comic projects, targeting both romance readers and comic enthusiasts.* Both hosts agree on the importance of thorough planning and the strategic use of data to ensure the success of future projects.FINAL THOUGHT:Navigating the highs and lows of creative entrepreneurship involves a delicate balance of risk-taking and strategic planning. Lee and Russell’s candid discussion underscores the importance of learning from every venture, making data-driven decisions, and continuously adapting to new opportunities in the ever-evolving landscape of the creative industry. Whether it’s through meticulous hiring, innovative advertising, or diversifying content formats, the journey to a six-figure income is paved with both challenges and triumphs.* Find the levers that make money and pull them * Bankruptable Mistakes * Two things to do to make your business antifragile * Packaging: do something once, profit forever * Accessing new markets * Building business structures  * Meet Russell and Lee in person at the Writer MBA conference: https://writermba.com/conference/Super fan offer: https://www.russellnohelty.com/bystas/ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.sixfigureauthorexperiment.com
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Jul 8, 2024 • 60min

Episode 10 - Lazy Launches and Marketing Fails

This week Russell and Lee talk about everything. We’re calling this style podcast a “Mess-ipode.” Do you like this free form (Squirrel!) conversation or do you prefer a more structured episode? Or do you not notice a difference? :P Opening credits and editing by the amazing Jim Wilbourne. * Lazy launches or Do as Lee says, not as she does* “Life is so lifey”* How do you level up as a creator?* Delegating and firing or how Russell blew $30,000 on marketing but learned a lot* Lee’s conference strategy * Manifesting and creating your dream life* “Bet on people not projects”  * Lee’s rules for co-writing and collaboration: * Love the other person’s creations * Start small* Do your best but don’t be precious * 1+1 = 1 million* If your gut says no to a handshake agreement, don’t sign a contract * Russell reveals the secret to everything * Russell’s secret society - the cult of Russell–and how you can joinResources: * “Who not how” book - Lee read almost 2 chapters! * Lee’s millionaire author mug: midnightromanceshop.com/products/millionaire-author-tumbler * Lee’s co-writing tips: Co-writing FTW!* Join Russell’s cult here: www.sixfigureauthorexperiment.com/subscribe  This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.sixfigureauthorexperiment.com
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Jul 1, 2024 • 54min

Episode 9 - Using a (Book) Brush to spruce up your marketing game

Episode 9 Russell’s six figure author experiment and book launch is coming together! In this episode, Lee and Russell are joined by Kathleen Sweeney from Book Brush to talk about how Book Brush can help authors with marketing and promotion with their image creation tools and their new social media management service. Opening credits and editing by the amazing Jim Wilbourne. * Direct vs. indirect sales * How to make a “love my book kit” (media kit) * Batching - how Lee bulk creates facebook posts, newsletters and ads * Diminishing returns of social media * How to delegate * Attention domination by Frank Kern Resources: * Check out Russell’s series launch checklist: https://BookHip.com/BDJDMNG* Grab your own Free Book Launch Checklist (includes how to apply for merchandising)* www.bookbrush.com   * bookbrush.com/hourly-concepts-portfolio* bookbrush.com/social-media-management  This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.sixfigureauthorexperiment.com
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Jun 24, 2024 • 59min

Episode 8 - Turning the tables to focus on Lee’s six figure Kickstarter experiment (Part 2)

We’re still talking about Lee’s Kickstarter project, The Millionaire Author Mindset. Listen to Part One here: Opening credits and editing by the amazing Jim Wilbourne. Join us as we discuss: * Why nonfiction can be perfect for Kickstarter* The nonfiction funnel - book to courses* How kickstarter allows you to test your ideas * How to get over your fear of doing something new* “Investment comes before growth”* The question to ask yourself when you are writing nonfiction: Who am I helping?* Harnessing your inner Aquatic: Lee becomes a mermaid * Branding to attract and repel your idea reader/customer * An anti-authoritarian bee, a purple psychedelic pig and other customer avatars / psychographics * “If you’re talking to everybody, you’re talking to nobody” * “Are you speaking to the 99% of people who aren’t going to buy your thing, or the 1% who are?”* What to put in a Kickstarter stack: $1, $20, $50, $100, $300, $600 pledge tiers* Ideas for nonfiction tiers and rewards: checklist, ebook, audiobook, paperback, workbooks, physical decks, VIP live calls and hot seats, master classes, masterminds, coaching cohorts, courses * The Kickstarter spillover effect * Book launch and pre-order strategy in tandem with Kickstarter * Russell’s foolproof clipboard strategy * What are Kickstarter perks and stretch goals, and why do we care?* The best time to launch a Kickstarter* How long should my Kickstarter be? *  Lee’s homework: complete the simple "perfect" sales page worksheet and walkthrough from Russell’s coursehttps://writermba.teachable.com/p/the-kickstarter-acceleratorLet us know what you think of this episode, and what you’d like to see in Lee Savino’s Millionaire Author Mindset kickstarter!  Resources:* The Kickstarter Accelerator course:https://writermba.teachable.com/p/the-kickstarter-accelerator* The Seven Figure Author course:millionaire-author-coaching.teachable.com/p/seven-figure-author * The author ecosystem: https://authorecosystem.com/overview This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.sixfigureauthorexperiment.com

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