Romance Author Courntey Milan Walks Away From Book Deal Over Low Royalty

Bravo to historical romance author Courtney Milan, who walked away from a book deal with publisher, Harlequin in February over it’s royalty offer of 8 percent of the cover price for digital sales.

Eight percent is damned insulting to authors in this day where eBook sales are stronger than ever and other publishers are offering authors 15% and more.

And of course, when you self-publish through Amazon, you get to keep 35% of your sales, or 70% for books priced $2.99 to $9.99. To most indie authors, the decision is clear.

However, when you’re a published author, it’s a bit tougher choice to walk away from guaranteed money to go it on your own. And add to that the stress of doing everything yourself, from writing, to editing, to layout, to cover design, to marketing. It can be a daunting task – as anyone who has done it themselves can tell you.

Milan discussed her decision on her website, saying:

“Unlocked was my proof of concept–to see if I could produce something of traditionally-published quality in a self-published setting. If I concluded that I couldn’t, I would have found another way to get my readers the third book. I refuse to compromise on the quality of the work I produce, no matter what my personal business objections may be.”

Milan is now offering her first solo eBook, the novella Unlocked at Amazon for 99 cents.

We wish her success!

Check out Milan’s entire post at her website.

(update: check out her agent’s post on the matter here)

Tough Love For The Self Published

Author M.J. Rose of Author Buzz and Amy Edelman of Indiereader have written two pieces at The Huffington Post with advice that “no one is brave enough to tell” authors.

While writers are thrilled that they can finally get their work into the hands of readers, the authors argue that writers need to wake up to the realities of being self-published.

Among the advice:

Damn it, learn the business.

Writing may be an art, but publishing is a business. And once your book is finished, you essentially need to trade your writer’s” identity for that of a “publisher.”

In every business you need to spend money to make money. And since in your case it’s your money at stake you need to spend it wisely and protect your investments.

And as a publisher there are certain things you’re going to want to consider doing.

The most important is making sure potential readers know your book exists. No one can buy a book they have never heard of.

 

Read the entire first part here at The Huffington Post.

Read the conclusion here at The Huffington Post.

Beyond eBooks: The Active eBook?

J.A. Konrath has a great post up about the future of eBook technology.

Tech always changes and with those changes comes price drops and new features. While eBooks are a new delivery system, they aren’t yet bringing much new to the table. Konrath suggests a way in which that could soon change.

Most of the big internet successes of the last decade were because of users adding to the site.
And as I explained above, users are eager to add content concerning books. The want to do reviews and recommendations and talk to authors and even write fan fic.
All of this happens outside of a book.
What if it happened inside of a book?
What if you don’t join a social network to discuss books, but instead you joined a book that was a social network?

What exactly does Konrath have in mind? Nothing short of a revolutionary way to consider your story. Read the entire fascinating post at J.A. Konrath’s blog.

 

Kindle eBooks Now Outselling All Print Books Combined At Amazon

Are you still not sure about self publishing?

If you’re still sitting on the sidelines, maybe today’s news from Amazon will finally change your mind. The company announced today that customers are now buying more eBooks via the Kindle and its app than BOTH hardcover and paperback books combined.

Additionally, year-over-year sales show that Amazon has sold three times as many eBooks than the same period in 2010.

From the press release:

Recent milestones for Kindle include:

  • Since April 1, for every 100 print books Amazon.com has sold, it has sold 105 Kindle books. This includes sales of hardcover and paperback books by Amazon where there is no Kindle edition. Free Kindle books are excluded and if included would make the number even higher.
  • So far in 2011, the tremendous growth of Kindle book sales, combined with the continued growth in Amazon’s print book sales, have resulted in the fastest year-over-year growth rate for Amazon’s U.S. books business, in both units and dollars, in over 10 years. This includes books in all formats, print and digital. Free books are excluded in the calculation of growth rates.
  • In the five weeks since its introduction, Kindle with Special Offers for only $114 is already the bestselling member of the Kindle family in the U.S.
  • Amazon sold more than 3x as many Kindle books so far in 2011 as it did during the same period in 2010.
  • Less than one year after introducing the UK Kindle Store, Amazon.co.uk is now selling more Kindle books than hardcover books, even as hardcover sales continue to grow. Since April 1, Amazon.co.uk customers are purchasing Kindle books over hardcover books at a rate of more than 2 to 1.

 

The Secret To Publishing Success – Piracy?

Fast Company has an excellent post pointing out that piracy has actually vaulted a book to Number One on Amazon’s bestseller list.

The book, Go The Fuck To Sleep, by Adam Mansbach started out as a Facebook post in June, which detailed a rather frustrating bedtime routine with his two year old daughter. In the post, he joked to look for the bedtime story soon. Reaction was so great, he decided to make an actual book.

However, a month before its release, pirated copies have leaked out and become a viral hit on the Web. While most publishers fear book piracy’s effect on the business, in this instance, the book has become so popular, it sold enough copies to be number one on Amazon a month prior to its release.

The book’s become so popular that it’s been optioned for a movie deal.

Can piracy help any book’s success or is it a mix of circumstance and the type of book it is (an illustrated humor book) which fueled this success?

There are many reasons why Go the Fuck to Sleep deserves to be a best-seller, and probably would have attained that status anyway. It’s hilarious. It’s honest. Humor books tend to do well in general, as do parenting books, as do short books. Not to mention it’s the perfect ironic, light-hearted shower gift. Parental exhaustion is by no means an emotion exclusive to Mansbach. The book “just tapped into this nerve,” Ibrahim Ahmad, Akashic senior editor, told The Bay Citizen in its excellent report on the phenomenon.

Read the whole post at Fast Company.

 

Creating A Paranormal World: Tips

Cynthia Hand, first-time author of Unearthly, posted some tips over at Inkpop for authors looking to create their own paranormal worlds.

1.Do the research. For most paranormal worlds there is some sort of mythology and history out there. Most of the big best-selling books like The Hunger Games, Harry Potter, etc, that have fantastic, creative and original worlds also have a very strong basis in real history and myth. Don’t be intimidated by it—dive in! Become an expert in the subject, really let yourself get into it and try to look at your topic from all angels—whoops, I mean angles.  The more you know, the fuller and richer the world you create will become. Creating a believable paranormal world is about the details, and doing the research will provide you with all kinds of beautiful details. Make it your business to collect details.

Read the rest of her tips over at Inkpop.

 

A Book About Life… Coming Soon

Four Seasons Book CoverSean and I have been posting lots of self publishing news on the site (rather than feature posts) as we’ve been finishing up two books.

The first is Four Seasons, a book about life and experiment Sean wrote over the course of the year and sent out to his mailing list at WriterDad. We just got the proofs back from CreateSpace and it will be the first book we publish under the Collective Inkwell imprint.

We are very excited and will write more about it in the coming week.

The second book is Available Darkness, the vampire thriller we started posting online in serialized chapters more than a year ago. We had to put AD aside briefly due to other commitments, something which saddened us and alienated a few readers.

But, as they say, all things happen for a reason.

The hiatus gave us some time to step away from the story and come back refreshed and re-energized. And to plan out the rest of the trilogy.

We’re thrilled to announce that Available Darkness will be available in print, eBooks, and we’ll still put the rest up on the website in weekly installments, for those who prefer to read online.

Unlike last time, we’re not going to start posting until the book is complete. The good news is that we’re working on it now and it will be out this spring.

 

Is New Harper Collins Romance eBook Line A Bad Deal For Authors?

Harper Collins launched a digital eBook line called Avon Impulse Monday, which will publish one romance title per week. The company said it is rolling the site out now as traditional channels for genre fiction books are shrinking and romance is experiencing growth in digital publishing.

Readers will benefit from books which are vetted for quality and will also be able to order higher cost print on demand versions. Avon Impulse will also offer selections from romance subgenres such as fantasy, time travel, and vampires.

But is Avon Impulse a good deal for authors?

Avon Impulse is accepting both agented and non-agented manuscripts, which could be a great opportunity for anyone looking to break into the writing world.

However, the company is only paying authors 25% commission on the “net sales” of the first 10,000 eBooks and then 50% after 10,000.

Compare that to Amazon, where authors can earn 70% commissions.

O’Rielly Radar has an interview with Booksquare.com owner Kassia Krozser about the new deal. Krozser had this to say about the commission rates.

“Where I have some concern is the business model, as outlined in the FAQ on the Avon Impulse website (and noted in Smart Bitches’ reporting). Avon is offering a 25% royalty on net receipts — net is undefined, but I am assuming it means price customer paid less commission/agency fees — for the first 10,000 units sold, increasing to 50% thereafter. I love that the royalty is increasing, that’s a very smart move, but the 25% royalty is not particularly competitive with other players in this marketplace; 30-35% would be more in line with established players in the digital-first market.

Another concern is the line’s DRM. Again, other players in this space make a point of touting their books as DRM-free. It’s a great marketing tool for them. While there are a lot of new readers who are relatively unsophisticated about DRM and buying ebooks, the established reader — a reader likely to champion a new imprint — has certain expectations.”

With self publishing stars such as Amanda Hocking making news for selling tons of eBooks via Amazon’s Kindle, and making a lot of money in the process, some authors might balk at such a commission.

When you self-publish, there are very few limits to what you can earn. You control the rights, pricing, and can make millions.

But…

But as any successful self-published author will tell you, the road to riches involves risk, luck, and of course, hard work.

The reality is that most authors struggle to make a space for themselves online. When you self-publish, you have to do it all (or pay someone to do it) edit, copyedit, make a cover, get publicity, schedule interviews and digital tours, and all the other stuff that authors do to get their books out there.

And here’s where Avon Impulse looks good.

Not only are your books sold in a place where there’s a willing audience searching for exactly what you offer, but the company also handles all the heavy lifting from editing, coaching, copyediting, cover creation, cross promotion, digital publicity, and marketing.

And while 25% isn’t exactly 70%, it is a bit better than the reported 15%-16% standard publisher commissions on eBooks. And 50% is even better.

The bottom line

While I’m a huge proponent of self-publishing, I like what Harper Collins is doing here. They are targeting a ripe market and offering authors a slightly more attractive commission (though not as much as some other digital first publishers). I’m guessing that other publishers will soon have to follow suit if they want to compete with self publishers who are finding success.

Time will tell how Avon Impulse authors fare or if the playing field will be tilted more in authors’ favor. But I’ll be watching this story as it unfolds.

Self Published Writer Amanda Hocking’s Meteoric Climb Continues

Huffington Post is the latest website to report on Amanda Hocking’s rise to fame, saying the writer is a millionaire from her self-published e-books.

In one year, Huffpo reports, Amanda has sold more than 900,000 copies of her eBooks.

Check out the full story at Huffpo.

Also, here’s a video report on Amanda’s success.


Advice To Publishers: This Is How You Can Thrive In The Age Of EBooks

We’ve all heard the news – publishers are running scared from the success that self-publishers are finding with Kindle and other e-readers.

But perhaps they shouldn’t be scared. Maybe publishers can learn and adapt to the changing industry.

Business Insider recently posted some advice to traditional publishers.

The bad news is: you’re now competing with Angry Birds. What you want to do is for us to spend a dollar every week to get a new chapter or a new story in a saga.

So, how do you do that? By aggregating readers intelligently.

The people who will be passionate enough to buy books (whether they’re $5 books on Kindle or $50 souvenir books) will be niches of people who are passionate about a particular topic.

Publishing houses must now identify and become trusted brands to those niches. (For the big publishing houses, dozens of niches.)

Read the entire post here.
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