Showing posts with label Hugh Howey. Show all posts
Showing posts with label Hugh Howey. Show all posts

Monday, April 14, 2014

Monday blog for writers: Don't ignore e-books

Image from Jorghex’s collection in Wikimedia Commons,  published under a Creative Commons Attribution-ShareAlike 3.0 Unreported License. - See more at: 
It baffles me that there are still authors, intelligent professionals who want to reach an audience, yet who do not use the most effective and cheapest way of doing that — ebooks.

Last Saturday, I participated in the first Ottawa Book Fest held by the National Capital branch of the Canadian Authors Association. While it wasn’t what I hoped for in terms of selling books or engaging with readers, I did enjoy talking with many other local authors. Two things struck me: the number of authors who don’t bother with e-books, and the number who use expensive “publishing services” companies — vanity publishers.

“You can’t wrap an e-book,” was one typical comment. True, there is something very appealing about the tactile experience of holding a book. That’s one reason I went to the trouble and expense of getting paperbacks of my own titles.

Paper has a number of advantages over e-books. I will take a paperback to the beach or poolside, but I hesitate to bring my iPad there. It’s hard to read my iPad in bright sunlight (although the E-Ink screens of the Kobo, Kindle and others don’t have this problem). If you drop a paperback or get it dirty, it’s no big deal. At worst, you might have to spend ten to fifteen dollars to replace it. Or maybe $50 for a big hardcover. If I were to drop my iPad in the bathtub, that would be a major disaster.
Image courtesy Steve
Taffee's Blogg-Ed Indetermination

And yes, you can wrap up a paperback book and enjoy the recipient opening it.
On the other hand, the e-book’s advantages include:
  • they’re lighter, important when travelling
  • they should be cheaper — the publisher doesn’t have to pay for paper, ink or shipping
  • it’s a lot easier to give copies to people who are not in the same room with you — or the same country.

Let’s look at some facts.

E-books outsell paper books. More than two years ago, Amazon reported that its sales of e-books had surpassed paper books, and while that’s just one (the biggest in the world) outlet, the Association of American Publishers also announced that e-books outsold hardcovers in the adult fiction category as of 2011. E-books are the fastest growing sector of the book market, and even though the AAP reported that growth slowed in 2013, it was still growing and hit $800 million, while sales of paperbacks fell to $898 million.

As Hugh Howey pointed out on his blog (which I referenced in my post in February), the book e-tailers don’t report their sales numbers.  That means those numbers do not include any self-published e-books, which according to Howey’s research, outsell all the e-books from all Big Five publishers combined.

Why limit yourself?

E-book technology sparked an explosion in the number of independent authors self-publishing books. It’s an enabling technology.

And it’s not difficult to use. It helps to know about publishing, but if you can create a word processing file, you can create an e-book. Not necessarily a good e-book, but that’s a different discussion.

That’s why it astounds me to hear writers denigrate the e-book format. For an author to choose not to publish an e-books would be like a travel agent choosing not to book air travel and sell train tickets only. Sure, there’s a market for train travel, and trains can be more romantic and evocative than airplanes, but that choice severely limits the travel agent’s career.
Photo by Alexander Henning
Drachmann (Creative Commons)

Need advice? Ask me

Some writers may feel intimidated by e-books and the need to learn a new format. But as I said, it’s easier to format an e-book. There are plenty of free resources on the net, in the blogosphere, even on Facebook. Mark Coker’s excellent and free Smashwords Style Guide gives you step-by-step instructions, with lots of time-saving tips.

Or ask another author who has gone through the process. Most are happy to share what they’ve learned. For free. Ask me.

If you still feel unsure, or want to get someone to produce your e-book for you, then I’ll certainly charge a lot less than any vanity publisher.

If we work together, we’ll all succeed.


Monday, February 24, 2014

Monday blog: Real numbers — The truth about self-publishing

This past January, Digital Book World reported that nearly 80 percent of self-published authors and more than half of traditionally published authors earn less than $1,000 a year from their efforts.

That report has generated a lot of debate. Some very honest and brave independent authors have put their own statistics up against this argument: 
Hugh Howey — arguably the most successful indie author these days — and another, anonymous indie author compiled statistical research and put the lie to the DBW claim. They point out that the DBW report is so broad as to be useless — it includes books of all types, and does not include ebooks sold by Amazon, the biggest book retailer in the world. 


Howey and his unnamed partner dug deep and found that e-books account for 86 percent of all genre fiction, and that  independent authors outsell the Big 5 commercial publishers combined in genre fiction.  There’s a lot of analysis in the report, and I recommend you read it. 

Toby Neal, bestselling author of the Lei Crime series and several other books, candidly revealed her own sales, revenues and cost figures on her books. While Toby treats the writing as an art, she approaches publishing as a business. She invested $12,000 in editing, design, production and marketing of her first book, Blood Orchids, and netted over $100,000. She still makes money on that book, and views all her nine books (with one more coming in March).
 
Independent author Jami Gold blogged about two more analytical reports that took apart the DBW claim about most independent authors making under $1,000. Jami’s original post was reblogged by book consultant Kristen Lamb. It turns out that professional independent authors, those who use professional editors and designers, market their books as a business and continue to publish several titles, make considerably more money. 

About 50% of respondents make more than $10K when they have 4-7 self-published books available, and 20% make more than $50K. At 12-20 books available, over 50% of respondents are making 50K or more, and 30% are over $100K.

In short, independent writers who treat writing as a business or profession, rather than as just a hobby or game, can make a comfortable living at it.

What’s a professional writer? 

Being professional means:
  • publishing regularly, developing a catalog of titles
  • using a professional editor – someone with background experience in the publishing industry
  • using a professional cover designer
  • marketing and promoting strategically and using professional services appropriately.

Getting into the category will cost you money, but not as much as giving up 90% of your earnings to a commercial publisher, and certainly not as much as forking out thousands to a vanity publisher or something like one of those “become a published author” scams. And it won’t cost as much as you give up by not doing these things.

I have to admit, I’m remiss on one dimension: the regularity of my publishing my own books. It’s been a year since I published my second novel, One Shade of Red, and it’s going to be at least three more months before the next title is ready for publication. It’s tentatively called Out of the USSR, but that may change. I may just call it Maurice.

It’s so refreshing, indeed inspiring, to get this honest number-crunching from some people who are making a profession from being independent authors, and showing us all there is a business model and a path that work.

Want to find more indie authors who are working the dream? In addition to those mentioned above, check out:


And many more that I just don’t have time or space to list here, and many I haven’t had the chance to read, yet. But keep coming back to the blog for reviews and interviews with independent authors.