Out of curiosity, what are some of the more innovative and out-of-the-box things you're doing? I also do a lot of things that most indies aren't really doing, like keeping a detailed (about 50 pages) business plan and updating it every year, or pricing all my short story singles at free and regularly sharing them on Reddit and the free promo sites. Lately, I've been building an online author bookstore to sell direct, and plan to offer a discount on paperbacks if the customer has already bought the ebook (or offer the ebook free with purchase of paperback). Don't see a lot of other authors trying this kind of stuff.
I had to really think about whether I was going to share this. So, before I do, I'll say, if anyone who reads this has published less than five books and after reading this feels the impulse to tell me I'm doing it wrong, please keep your opinion to yourself. After the last time I shared something strategic, someone with one book posted multiple replies insisting that what I was doing was "b*
**" and that I was doing it wrong. At that time I decided that sharing anything outside the box wasn't worth it.
But, here is what I'm doing now. I am only creating stories that I can adapt into multiple subgenres. I am then creating audiobooks out of them as well as translating all of the adaptations into four languages.
And knowing that I have historically earned 70+% of my income from KU reads, every book in a series past book one will be an anthology including all the previous books. That removes the barrier of the reader having to decide to go get the previous book. Instead they could just keep reading guaranteeing me a high read through.
I also increase the cost of each book in a series by a dollar. So, book six would be $7.99 which is a lot easier to turn a profit with with ads.
So, in summary, I'm turning one story into 24 books with the majority being additive anthologies with increasing prices.