It isn't unusual to see indie authors mention that they aren't earning as much as they'd like to be from their books. When I see comments like this I want to ask them two questions:
- What does your marketing plan include?
- What other revenue streams have you set up around your book's brand?
Today I want to focus on the second issue -- specifically using ancillary products as a way to earn more from your book even without increasing direct book sales.
What are Ancillary Products?
An ancillary product is simply a product related to your book and its brand. Think of it as an add-on. You see ancillary products for movies, TV shows, and some bigger books on a regular basis (traditional merchandising). You can do something similar with your indie published books. Not only can it bring in more income from readers who already loved your book, but it can offer a lower-cost option as a lead-in to book sales and keep income flowing in between book releases. And readers don't have to wait as long for something new.
Examples of Ancillary Products for Indie Books
Here are a few examples of ancillary products you might release under your book's brand:
- Short e-books and reports -- If you write nonfiction books, these might take a topic you touched on in the book and expand upon them (like a more in-depth tutorial). If you write fiction you might release short stories or novellas between novels. They might explore a subplot in more depth, they could be prequel stories about new characters you've introduced who sounded like they had an interesting past, or maybe they could just be shorter stories about what your characters are up to between the times Novel A and Novel B take place.
- Workbooks and tools -- If you write actionable books, you can also sell tools to make the process easier -- a workbook, access to specialized online tools and calculators, or something else along those lines. For example, if you write a book about planning weddings (or even a novel revolving around the topic), you could release your own wedding planner.
- Games -- This is one I'll be putting to use personally with the Murder Script series I'm working on under my Aria Klein pen name. The series happens to involve murder mystery party games, and later this year I'll be launching my own series of downloadable murder party games as a result. You could create anything from a board game or card game to an app game or all-out software if you can partner with a developer. I can see this working best with mysteries and children's books, but you could probably plan a game just as easily around any action-oriented books or even fantasy characters.
- Courses -- You might think of e-courses as services, but you can release them in product form too. It's what I have planned (in addition to selling short reports) for my Query-Free Freelancer book expected to be released next year. Just create a members-only website (you can do this fairly easily with premium plugins and themes for a platform like WordPress). Then put your course material on that site. Only paying logged-in members can access it. You can also set up autoresponder email courses. The idea is to give buyers something they can access on their own time rather than a service-based approach where you have to physically be available and schedule and promote each event to a more limited number of participants.
- Traditional merchandise -- You could also rely on good old fashioned merch to serve as ancillary products. This could be especially good if you write inspirational books. Coffee mugs, pens, t-shirts, and calendars are just a few examples. Just think about any relevant product that could rock your logo or other brand elements, and ask yourself if it might appeal to readers.
The idea is to look within your own book first. Do you mention a specific product a lot? Could you create something similar to promote and sell? Does your book have a message that people would pay for? Is there an educational angle you could use to sell information products? There is no one size fits all list here. Your books dictate the types of ancillary products that would work best for you.
Why You Should Consider Releasing Ancillary Products
There are two main reasons to consider releasing ancillary products:
- They can increase your income and help you get more mileage out of your book or author brand.
- They can promote sales of your existing book or future books by keeping your name or your book or series names fresh in the minds of your target audience.
The financial incentive is pretty obvious. But think about that second point. You market your book. And you get paid to do so. It's similar to me telling freelance writers they should incorporate revenue streams into their marketing plans and platform-building (like niche blogs and e-books).
If you can get more out of your marketing time, there's no good excuse not to. And in this case those additional marketing-oriented income streams can help tide you over financially while you write your next book. What's not to love about that?
Do you sell ancillary products in addition to your main books? If so, what products did you choose? Why? If you haven't yet, are you going to consider it or is there some reason you don't want to pursue the additional revenue streams and marketing options? What kind of success have you seen with ancillary products if you do use them? Share your thoughts, suggestions, tips, and stories in the comments below.