EP4 | How Much Do You Need To Spend On Ads?
Ads can overwhelm a lot of authors; not only because you're learning something new but also, the unknown of spending money on something that you're not sure will result in a return on your financial and time investment.
Today, I'm going to be sharing with you how much I recommend you should be spending on ads if you're just getting started. And also, some hypothetical numbers of what you can expect to achieve from a certain level of ad spend.
What You'll Learn
- How to earn $1000 per month from your books with ads
- The numbers you need to be crystal clear on
- The importance of Cost-Per-Click and Conversion Rate and how they impact the royalties you earn from your books
- Customer Lifetime Value; what it is and how it affects your ad spend
- My recommendation on how much you should spend on ads if you're just getting started
Resources
- Work One-on-One with Matt: Author Ads Power Hours
- Episode 2, Which Ads Platform Should First Time Authors Use To Advertise Their Books: https://matthewjholmes.com/episode2/
- Your FREE 3 Part Video Training: Jumpstart Author Ads
- Advertising Books: FREE Books Written by Matt
- Email Matt: [email protected]