However, as Mark Coker argues, compared to many indie authors who can get $ 1.80 - $ 2.10 out of each copy
of their ebooks sold at the price of $ 2.99, those authors who publish through the traditional publishers are «at an extreme disadvantage» because they earn only $ 1.25 - $ 1.75 out of each copy
of their ebooks sold at the price of $ 9.99.
When we look at the total number
of EBooks sold at Apples bookstore it seems to be grossly inflate.
-- Between 14 % and 25 %
of all ebooks sold at Apple, Nook, and Kobo store lack Bowker - issued International Standard Book Numbers (ISBNs).
Not exact matches
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With the advent
of ebooks, though, Amazon began
selling titles for $ 9.99
at a loss.
«When I see an
ebook that
sells for twice the price
of the paperback version, either someone has lost their mind, is asleep
at the wheel, or is deliberately steering the ship towards an iceberg,» she said.
Before the agency model, Amazon was buying new
ebook releases
at the wholesale price
of the hardcovers, then turning around and
selling them for retail
at dollars less.
In the latest sign
of this disruption, author John Locke — who earlier this year became the first self - published author to
sell a million
ebooks — has signed an innovative deal with publisher Simon & Schuster that shows
at least some players in the industry are thinking about how to adapt to the shifting balance
of power.
The U.S. Department
of Justice alleges that Apple, as it prepared to launch its own
ebook store, persuaded publishers to price
ebooks at $ 13 and $ 15, or about $ 3 more than the same books being
sold through Amazon and other outlets.
Amazon
sell approximately one million kindle eReaders per month and have approximately 80 %
of the
eBook sales worldwide
at time
of writing.
Selling many copies
of your work over the years can be challenging, but if you
sell your
eBook online on your own site you may be pleasantly surprised
at your results.
eBay.com: eBay is more than a bidding store — you can
sell unlimited numbers
of eBooks at a set price on eBay.com or set up your own store.
Similarly, the hardcover version
of the book, The Chronicles
of Downton Abbey which is
sold along with the TV series also enjoys about # 3 price benefit for the hardcover version which is
sold at # 12.99 as an
ebook.
The author has to do all this themselves
at their own expense, and in return Amazon will shaft them with a 35 % royalty rate (the 50 % you quote is NET, which is rich given the only place it will be
sold is on Amazon, so Amazon will take their 30 % cut and then take another half
of what's left) for an
ebook.
But what if it turned out that you could make more money each month by
selling the
ebook at 99 cents instead
of the $ 6.99 or whatever you thought it was worth?
At the beginning
of the publishing - process, we'll ask you if you want to
sell your
eBook on your XinXii - authorpage only, or if you want us to distribute your
eBook on the major
eBook retailers as well - and if yes, on which one (s).
The two biggest and most well known booksellers in the UK are so inept
at selling ebooks that they must surely be helping to hasten the demise
of ePub and the supremacy
of Amazon and the Kindle ecosystem.
No, the book can not be clawed back, much in the same way that once a library purchases a print book, the publisher can't take it back,
of if you
sell an
ebook at an
ebook retailer, you can't take the book from customers who purchased it even if you later remove the book from the retailer.
It's probably also not coincidental that the 3 genres they chose are top sellers on Kindle (YA is not one
of the top -
selling ebook genres,
at least
at the moment).
(cont'd)- I'm giving away hundreds
of listings on the Vault, and as a result
of doing so, won't see one thin dime
of income on the site until October or later - Given all the time and money I've already sunk into developing the site, I don't even expect to earn back my upfront investment until sometime next year - I'm already personally reaching out to publishers on behalf
of authors who are listed in the Vault, on my own time and my own long distance bill, despite the fact that I don't stand to earn so much as a finder's fee if any
of those contacts result in an offer - I make my The IndieAuthor Guide available for free on my author site and blog - I built Publetariat, a free resource for self - pubbing authors and small imprints, by myself, and paid for its registration, software and hosting out
of my own pocket - I shoulder all the ongoing expense and the lion's share
of administration for the Publetariat site, which since its launch on 2/11
of this year, has only earned $ 36 in ad revenue; the site never has, and likely never will, earn its keep in ad revenue, but I keep it going because I know it's a valuable resource for authors and publishers - I've given away far more copies
of my novels than I've
sold, because I'm a pushover for anyone who emails me to say s / he can't afford to buy them - I paid my own travel expenses to speak
at this year's O'Reilly Tools
of Change conference, nearly $ 1000, just to be part
of the Rise
of Ebooks panel and raise awareness about self - published authors who are strategically leveraging ebooks - I judge in self - published book competitions, and I read the * entire * book in every case, despite the fact that the honorarium has never been more than $ 12 per book — a figure that works out to less than $.50 per hour of my time spent reading and commenting In spite of all this, you still come here and elsewhere to insinuate I'm greedy and only out to take advantage of my fellow au
Ebooks panel and raise awareness about self - published authors who are strategically leveraging
ebooks - I judge in self - published book competitions, and I read the * entire * book in every case, despite the fact that the honorarium has never been more than $ 12 per book — a figure that works out to less than $.50 per hour of my time spent reading and commenting In spite of all this, you still come here and elsewhere to insinuate I'm greedy and only out to take advantage of my fellow au
ebooks - I judge in self - published book competitions, and I read the * entire * book in every case, despite the fact that the honorarium has never been more than $ 12 per book — a figure that works out to less than $.50 per hour
of my time spent reading and commenting In spite
of all this, you still come here and elsewhere to insinuate I'm greedy and only out to take advantage
of my fellow authors.
And as I've said now
at least four times... regardless
of this copyright law, when we are out
of stock per the term
of our contract, we have to revert the rights when requested... no ifs ands or buts... unless we are still
selling an agreed upon threshold
of ebooks.
Amazon is talking about
ebook sales going to authors while print book sales would go to Hatchette and if Hatchette had agreed to this - showing they cared about their authors - Amazon would go back to large restocking / reorders on print books, discounting print books instead
of selling them
at the absurd high prices set by Hatchette which they've been complaining about, and re-enabling pre-order buttons.
You will lose
at least one reader by ceasing to
sell on Amazon.com, but I suppose you will gain the satisfaction
of maintaining the
ebook pricing structure you would like.
You will note
at the end
of this post I caution that Amazon might not always be the greenest pasture... but for now it is the best place to
sell ebooks.
However, John Gilstrap's Kensington title «High Treason» costs $ 8.97 in PB
at Amazon and $ 7.39 for the Kindle edition, despite the fact that there's no foiling or embossing on the
ebook version, and once I've read the Kindle copy, I can't give it to my dad, donate it to the Friends
of the Library book sale or the local senior center,
sell it to my favorite used book store, etc..
As the world's largest distributor
of indie
ebooks, Smashwords lets you bypass having to deal with multiple author platforms by letting you upload your book and immediately start
selling at more than 20
ebook retailers.
Analysts in 2007 (if memory does not betray me) said that to be profitable Amazon had to
sell an
ebook at not less than $ 1.63 and Jeff Bezos announced only in 2012 that the volumes sales
of ebooks finally turned the business into a profitable one.
I mean seriously, if Joe Konrath can make more
selling his
ebooks at $ 2.99 than he would get in royalties off a $ 24 HARDBACK, there's something seriously wrong with the money side
of things in traditional publishing.
There are so many schools
of thought on this topic, and essentially with little overhead, pricing an
eBook at 99 cents and
selling exponentially more than
at $ 2.99 does have its benefits.
Ebooks sold through Gardners will earn authors 60 percent
of the list price after VAT — the same rate Smashwords authors earn on books
sold at iBooks and other major retailers.
I just remember Joe Konrath putting a list
of people on his blog earlier this year (or maybe last year) who had
sold at least 1,000
ebooks.
It's tough
selling a book
of poetry anyway but I'm coming across authors too many to count who are
selling thousands
of their
ebooks at Amazon through the Kindle program.
If Amazon /
ebook retailers are your primary sales platform (and they are, unless you are a professional speaker or planning to
sell thousands
of copies
at events) you need to design for Amazon.
At its simplest, if you're selling your ebook, you must be doing so because you have the nerve — the wonderful, absolutely awesome, flipping - the - bird - at - the - odds nerve — that your work is worthy of a stranger's time and mone
At its simplest, if you're
selling your
ebook, you must be doing so because you have the nerve — the wonderful, absolutely awesome, flipping - the - bird -
at - the - odds nerve — that your work is worthy of a stranger's time and mone
at - the - odds nerve — that your work is worthy
of a stranger's time and money.
In an interview with J - Source's Eric Mark Do, executives from paper said that they have typically only
sold between 100 to 300 copies
of each
ebook they've published, priced
at $ 4.99 apiece.
Lulu's print on demand (POD) solutions make publishing your own book quick and easy.Create a book in minutes, publish with the click
of a mouse, distribute,
sell and print books to order.It's that simple.Trying to make a photo book?Want to make your own calendar?Our easy - to - use online publishing tool allows you to publish and print your own high - quality photo book or calendar in minutes.Want to convert your book into an
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While Amazon originally worked under the wholesale model, which afforded the retailer the opportunity to
sell ebooks at less than their cost in order to push sales
of their Kindle e-readers, the alleged collusion between Apple and five
of the Big Six publishers actually refers to their switch to an agency pricing model, which allowed publishers to set the price
of the
ebooks for the retailers.
As Barnes & Noble was the major sponsor
of the event, they had the exclusive right to
sell books and
ebooks at the event, meaning that Autography and other writers or publishers were unable to
sell ebooks on site.
The CEO
of Kobo, Michael Tamblyn, spoke
at the The Economist's Canada Summit and proclaimed that 1 in 5 books
sold in Canada is an
eBook, in some categories it's 1 in 3 or higher and Kobo is the largest retailer
of digital books in Canada and one
of the largest in the world and the second - largest manufacturer
of e-Reading devices globally.
At this year's BookExpo America, Barnes and Noble's Theresa Horner, VP
of Digital Content, detailed how the leading brick - and - mortar book
selling chain has incorporated
ebooks into its in - store model.
If you look
at the recent decline in
eBook sales, this is partly attributed to the abolishment
of the Agency price model
of selling books.
Back in April Simon & Schuster announced that it will donate a free electronic copy
of Academy Award — winning producer Brian Grazer's new book, A Curious Mind: The Secret to a Bigger Life, to school and public libraries for every
ebook or hardcover book
sold at retail, up to 5,000 copies.
Shortly after the launch
of the iPad, TorrentFreak took a look
at a small group
of popular business titles and calculated that unauthorized
eBook downloads on BitTorrent grew by 78 % on average — and that was when Apple had
sold only about 300,000 iPads.
Smashwords, who
sells author content as well as distributes that content to major retailers
of authors» choice, gives authors the option to
sell their
ebooks through Smashwords
at Amazon, Barnes and Noble, Kobo, Apple, Flipkart, and a few other retailers, as well as to distribute their work for lending to OverDrive, Oyster, and Scribd.
Though the hardcover edition
of Get What's Yours is currently
sold out on Amazon, it's still in stock
at some other vendors;
eBook and audio versions are also available.
Ebooks market share seems to be stabilizing
at around one third
of total books
sold in the U.S. according to the latest reports.
It should come as very little surprise to you that after jacking up the prices
of their
ebooks at the start
of 2015, the Big 5
sold fewer
ebooks.
I'm Julia Laflin, writer and author
of The House
At Roc Noir, an atmospheric novella set in the lonely wilds
of Corsica, which has recently been
selling very nicely as a self - published
ebook.
Our highly scientific method looks
at three separate book lists that you're likely to be choosing your next read from: The New York Times Best Sellers in
eBook Fiction; the New York Times Best Sellers In
eBook Nonfiction; and USA Today's 100 Best -
Selling Books
of 2011.