After all, today's bestselling indies — many of which can be found on bestseller lists of the aforementioned publications — are already out -
selling their trad pubbed counterparts.
Lawyer David Vandagriff, who runs The Passive Voice and who comments using the handle Passive Guy, said it was «interesting how little many of these big -
selling trad pub authors understand about the book business», claiming that this came from «listening to what their publishers and agents tell them».
Not exact matches
I agree completely with Jackie Barbosa above in that the real takeaway from this snippet of data is the unconscionably huge portion of earnings that the
trad pubs get from each ebook they
sell.
My first traditionally published novel, Transgression, only
sold about 6,000 copies in its
trad -
pubbed edition.
Books 2 and 3 in that «City of God» series are
selling well and earning much better than they did in their first editions as
trad -
pubbed novels.
This is how I
sold my first several books and how many of my
trad -
pubbed friends broke in to publishing and I have long believed it's the best way to make contacts.
And you're also correct that
trad -
pubbed authors earn only a fraction of the net revenue for each book
sold.
Another reason your
trad pubbed books may
sell well in print versions is because there are lots and lots of readers in that market — by the accounts I have read 60 - 70 % of total — and many of them prefer print, or to find reads in physical locations.
When authors stop signing contracts and then announce they are making as much, if not more, by
selling direct to their customers (via Amazon / iTunes / etc), will those remaining
trad pub authors still toe the line and defend their masters at all costs?
But one reason I won't be publishing a lot more middle grade is because I also like to
sell books... and it's just very hard to do that in indie MG (or
trad -
pub MG, to be honest — the market is simply smaller).
Two other points worth repeating:
trad pubs will have to increase their royalties and no longer will
pubs be able to say that a certain genre of book won't
sell.
To hedge financial risk, the
trad pub will expend x amount of resources to manufacture, promote, and
sell each title.
Trad -
Pub Authors: Launch Big or Die In 2012, Rachelle Gardner noted the typical advance for a first - time traditionally published author is $ 5,000 - $ 15,000 per book, and most of those first - time authors do not
sell through their advance, so that is all the money they will ever get from that book.
And by the way, Patterson and plenty of other less - than - stellar
trad pub authors
sell millions while good books go unnoticed, so it's not just indie publishing that's that way.
Some come to self -
pubbing with a backlist, some start with self -
pubbing and move existing series to
trad pub, some have entirely new books they
sell to
trad pub (that's my case, just one title).
To whit, if you wanted to bludgeon the
trad pub houses into submission, who wanted to dictate terms to you, you could say, «No, we won't do that — we'll
sell something else to all the kindle buyers.»
(As an aside, I suspect if I dug into the publishing contracts with many
trad pubbed authors, I'd find a clause that cuts their royalties to almost nothing when the
selling price of a book is greater than a 50 % discount.
Whether you're indie or
trad -
pub, with that strategy, you may not
sell a lot of books; or you may
sell a truckload.
With midlist advances plummeting,
trad pub novelists need to
sell several novels per year to make that, these days.
A growing number of
trad -
pub new books
sell less than 1,000 copies in their first year (which usually means in their lifetime, since print books make most of their sales on the first couple of months since release).
Publishing Perspectives reported that the Guadalajara Rights Center — a meeting place for publishers to exchange foreign - language rights — had
sold out its 125 tables several months in advance, a sure sign of
trad pub's growing interest in the global Spanish book market.