Since I currently have one product for sale this
will be a simple. I plan on doing this
monthly just for those who plan on getting into selling their own gaming stuff
or those already in it who are interested in how a small one-guy company. Since this is my first foray into this I have
nothing to compare it to. In an earlier
post I spoke about expectations and what my expectations are will determine
whether it is a success or not. This
still holds true, but the other part of it is I hope to successfully satisfy my
customers' expectations of my product and hope they feel they got value for the
money they spent.
My expectation was to sell 25 copies of Knowledge
Illuminates. That was it. I didn't want to set my goal too high because
I know the gaming industry is struggling and gaming purchases are at the bottom
of a priory list. I wanted to make $2+
for every adventure sold. With a
non-exclusive agreement with RPGNow (which gives me 65% of the listed price)
and a $4 price tag that earns me $2.60 per sale.
This month I sold 37 copies of Knowledge Illuminates
and 11 complimentary copies were downloaded by reviewers and those who
assisted. There are 6 people who have it
in their shopping carts and 18 have it in their wish list. Knowledge Illuminates product page was viewed
2489 times. Although I think a few
hundred was me check on it. Couldn't
help it. I checked my email about ten
times a day to see if I sold anything. I
usually check my email once a day. The
total dollar amount sold was $148. My
profit was $96.20.
The cost for art work was $29.91. That reduces my profit to $66.29. But the great thing is I can reuse the art
for future products. So I paid for it
already. I won't mention the $30 I took
in site credit to take advantage of Avalon Game Company's $1 day sale and
bought more art. But since none of the
art appeared in Knowledge Illuminates I won't count it.
Big bucks, eh.
Though the money is not going to buy me a car I had fun. Like I mentioned earlier it was the first
time in a long time I enjoyed checking my email. It's like when you order something on Amazon
and going to the mailbox to see if your order came in yet. The one day I came home and had five
sales. It was fun. And it motivates me to complete more
projects.
The area I need to educate myself on is art. I need to get to know a few artists whose
work I like and see what it costs for me to get them involved. I'm not interested in changing the genre of
art or producing something where the art is the featured feature. I would like art that is made just for my stuff
and not something that is stuffed into a hundred other products. But on my profit margin it's not going to
happen yet, but that gives me time to educate myself.
Good to hear how it's going and as you said it's small now but hopefully will get better but it's good to learn early and gives you a headstart for future endeavours.
ReplyDeleteWoohoo! Good job, Baby.
ReplyDeleteAwesome Tim, thanks for the insight. I've got a few products I'd like to put out and it's interesting to see how it works out. Fortunately, the art part is the easy part for me.
ReplyDeleteVery cool. Glad to see that you were able to make a few bucks. I might have to git it a look myself.
ReplyDelete