
JULY 21, 2023
5 things to do
Motivator author extraordinaire Seth Godin says, “The book that will most change your life is the one you write.”
We know it also will change your content business. That book you write will help establish credibility and authority, build an audience, earn additional income, secure speaking gigs and interviews, and generate leads.
“Books are an effective way to diversify your revenue streams and become less dependent on other platforms. They also can be a great binding agent for building communities through topical conversation and engagement,” says Matt Briel, vice president of marketing at Lulu, a self-publishing company.
That’s a lot of power from the written word (and some great art and design).
To begin acquiring that power, we share some thoughts along with Matt’s advice he shared at Creator Economy Expo:
1. Know your purpose: What do you want this book to do for your business? How will this book provide value to your audience? The detailed answers to those two questions should guide you through the rest of the process.
2. Determine your publishing process: Authors have three choices – self-, hybrid, and traditional publishing. Self- and hybrid publishing are usually easier to get a book published because you, the author, are in control. You also retain the rights to the content and earn revenue from the beginning of book sales. Hybrid publishing requires an upfront fee and includes a team to help you with the process and distribution.
Traditional publishing takes longer and often requires an agent to pitch your book. In a traditional deal, authors give all their rights to the publisher in exchange for an advance fee and a smaller percentage of sales.
3. Pick a type: Nonfiction and fiction books fill the shelf space at most bookstores (digital and bricks-and-mortar). But don’t overlook other types – notebooks, planners, journals, workbooks to accompany your online courses, etc. And don’t forget airport books – shorter-length books on a single topic that get their name because they can be read cover to cover during a short flight.
4. Pull together the content: It’s time to write the book. You may have content that can be repurposed. Matt suggests using ChatGPT to help in the idea development. Ask, “What’s a great book that could be written from this content?” and drop in some of your previous published content.
The key is to provide relevant and helpful content in a niche that resonates with your audience.
Work with a graphic artist to help design your cover. It’s a critical factor in determining if people will even pick up or click on your book. Work with an editor to ensure the book reads well, the grammar is proper, and the spelling is mistake-free.
5. Develop a strong marketing plan: As you do with overall content business, you need to decide how to let people know the book exists. As Matt explains, “A successful marketing plan will look different for every author, but the elements are the same. The key is to create community, not just transactions.”
– Ann Gynn
Have you written, or are you writing a book? Let us know using #TheTiltNews or reply to this email.
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5 things from the tilt
- Threads: 4 Critical Insights (Content Inc.)
- The Death of Business Books? (This Old Marketing)
- Discover like-minded creators and then recommend each other’s newsletters with ConvertKit’s Creator Network.*
- Mark your calendar for 12 p.m. US ET July 25 for Tilt Your Content Business: A Weekly Mastermind for Entrepreneurs in the Creator Economy.
- ICYMI: How To Make Sponsorships a Good Revenue Stream for Your Content Business
*The Tilt receives a small commission if readers (at no additional cost) make a purchase using this link.
5 things to know
Money
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Card-worthy: Karat, a financial services platform for creators, partnered with Visa to offer a card designed for entrepreneurs in the creator economy. Its perks include collaborations with each other and member experiences at industry events, such as VidCon and the Streamys. (WebWire)
Tilt Take: A new credit card normally isn’t that newsworthy, but this one indicates how attractive the creator economy is to big business.
Audiences
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Less stitching: Threads’ daily active users went from 49M on July 7 to 23.6M on July 14, according to SimilarWeb. The numbers are for Android users, but reports indicate the drop is similar for iOS users. Time on the platform dropped from 21 minutes a day to just over six minutes in the same period. (Engadget)
Tilt Take: No big surprise that the shiny new object didn’t sustain its audience. Let’s look at those numbers in a few months to get a better idea of Threads’ future role in social.
Tech and Tools
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Lots of content: OpenAI, the parent of ChatGPT, just cut a deal with the Associated Press for some of its archived news stories. It will scrape that content when it generates content from requests. (Reuters; h/t AI for Humble Humans)
Tilt Take: Choosing an AI tool should depend on the value of the content it uses to generate the “new” content. This is a big step for newsy content creators.
And Finally
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Be happy: Writers say they’re happy with their voice and how it represents them and their ideas. In a survey of 255 professional writers, over 70% scored their satisfaction a four or five on a scale of zero to five. (Anne Janzer)
Tilt Take: Have you given thought to your brand’s voice? If not, now’s the time. -
More meaning: A glossary is now available for the podcast industry. It covers terms around buying/selling, creative, reporting, ad serving, distribution, and industry. (Sounds Profitable)
Tilt Take: Bookmark this site if you’re a podcaster. It can help you better use industry terms and educate potential sponsors and advertisers.
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