Business Idea

Start A Thriller Book Writer

About

Starting a thriller book writer requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell thriller book writer, or selling thriller book writer online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start a thriller book writer ➜

Key stats

market size
$92.7B
starting costs
$26.9K
gross margin
40%
avg product price
$11
time to build
10 months
growth
SEO
time investment
Side project
work from home?
Yes

About

Starting a thriller book writer requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell thriller book writer, or selling thriller book writer online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start a thriller book writer ➜

Key stats

market size
$92.7B
starting costs
$26.9K
gross margin
40%
avg product price
$11

 

time to build
10 months
growth
SEO
time investment
Side project
work from home?
Yes

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $10 $2,250
Employee & Freelancer Expenses $0 $5,500
Equipment & Supply Expenses $525 $5,500
Website Costs $232 $6,500
Business Formation Fees $5,600 $20,400
Software Expenses $162 $3,094
Advertising & Marketing Costs $0 $2,250
Other Expenses $0 $800
Total Startup Costs $6,529 $46,294

Successful Businesses

Business URL Rank
The Official Website of Dan Brown danbrown.com #430,014
Chanticleer Book Reviews chantireviews.com #758,192
NewInBooks newinbooks.com #995,016
Series Books In Order seriesbooksinorder.com #1,370,690
International Thriller Writers thrillerwriters.org #1,658,046
Daniel Suarez daniel-suarez.com #1,837,272
Stop, You're Killing Me! stopyourekillingme.com #1,899,332
Brad Thor bradthor.com #2,218,220
Killer Nashville Mystery, Thriller & Suspense Writers' Conference killernashville.com #2,311,047
Virtual Thriller Fest thrillerfest.com #2,379,418
Catherine Coulter Suspense Thriller author Latest Releases catherinecoulter.com #2,841,314

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Scalable With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
Meaningful business connections You never know who you will meet as a thriller book writer. This could be the start of an incredible business opportunity!
High customer retention rates Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer.
Easy to encourage "impulse buy" In the thriller book writer, you have a much higher chance of encouraging your customers to buy on impulse - you can easily alter the price, placement, packaging, and promotional value to influence the decision of your buyer.
Cons Description
Taxes As a thriller book writer, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.
Niche Market A niche business is not necessarily a bad thing, in fact, it can be the key to your success. However, it can be more challenging and time consuming to find the perfect niche market and target audience.
Churn In this business, customers can cancel their membership or subscription for your services - which can make revenue forecasting challenging and unpredictable. It's important to focus on your churn rates and trends so that you can prevent this as much as possible.
Time commitment With starting a thriller book writer, all responsibilities and decisions are in your hands. Although this is not necessarily a negative thing, work life can take over at times. This can place a strain on friends and family and add to the pressure of launching a new business.
Difficult to build trust with your customer With starting a thriller book writer, there can be minimal face-to-face interaction, which means it can be a lot more difficult to establish trust with your customers. You'll need to go the extra mile with your customer to grab their attention and business.
Impatient customers You may offer an engaging user experience for your customer, but customers expect a lot and may be impatient if they aren't pleased with your product or service.

Marketing Ideas

  • 1

    Affiliate program

    Affiliate marketing is a great way to bring in a new revenue stream, especially when you don't sell products or services.

    Simply put, an affiliate program is an agreement where a business pays another business or influencer ("the affiliate") a commission for sending traffic and/or sales their way.

    The affiliate typically gets a unique link where clicks and conversions can be tracked.

  • 2

    Word of mouth

    Word of mouth is when a consumers reflects their interest in a company’s product or service in their daily dialogues.

    Therefore, word of mouth advertising is essentially a free advertising triggered by the customers experience.

    According to Nielsen, 92% of people trust recommendations from friends and family.

    Therefore, in today’s hyper-connected world, a single recommendation through a word of mouth can have a huge impact to your business.

  • 3

    Advertising on social media

    Social media advertising is one of the leading ways to get the word out when it comes to thriller book writer.

    There are various different Social Media platforms available to you. Some may be more critical for your marketing efforts than others, however, it's important to have an understanding of what's out there and available to you.

    Learn more about advertising on social media ➜