Skip to comments.Self-published e-book author: 'Most of my months are six-figure months'
Posted on 08/05/2013 9:42:58 PM PDT by 2ndDivisionVet
It's been called a "cure for rejection-letter fatigue."
Amazon on Thursday released new details about the success of its program for authors who want to self-publish on its Kindle e-reader devices. The company, which unveiled a suite of new e-readers and tablets at a press conference in Southern California on Thursday, says 27 of the top 100 Kindle books were created using a system called Kindle Direct Publishing.
That system allows authors to bypass traditional publishers and instead deal directly with Amazon, which claims to be able to publish their books digitally "in hours."
The authors receive 70% of the royalties from the sale of these books. And some of them are doing quite well.
"Most of my months are six-figure months," said Hugh Howey, a 37-year-old Florida author whose "Wool" series of digital books was highlighted by Amazon. "It's more than I ever hoped to make in a year."
The company says some authors, including Theresa Ragen, who appeared in a promotional video during the Amazon event, have sold hundreds of thousands of books.
During the event Amazon CEO Jeff Bezos displayed a quote from Kathryn Stockett, author of best-selling novel "The Help," in which she lamented being rejected dozens of times before a publisher accepted her.
"What if I had given up at 15? Or 40? Or even 60?" she was quoted as saying......
(Excerpt) Read more at cnn.com ...
Definitely has my attention.
Self-publishing will destroy the book industry in the end. They used to weld all this power, and they’d print any garbage that a big-name writer from twenty years ago produced...even if it was 3rd-rate stuff.
The limiting factor currently is that the mass of the public hasn’t flipped over to the e-book capability. We are still a decade away from the bulk of American society operating with e-books.
Me. Starting to... but of late, no real motivation for my writing-projects. :(
Yep. I’m ready to upload my 1st ebook next month. Just finishing my 10th rewrite. Lots of work but rewarding to just complete the process. If I make some $ even better.
So what are you working on ?
Percentage of eReaders vs. Print
Survey finds increase in e-reading, drop in paper
I think what will happen : very quickly : now this is set-up, is it will encourage good writing.
Not leftist writing. Not even conservative writing, though conservatives are under-represented enough they will likely cause a bigger movement than liberals.
But this will encourage authors to write, to write often, and to write very well.
I am quite interested in this.
“Self-publishing will destroy the book industry in the end”
They will either adapt or go the way of the dinosaur. Or they could go the way of the recording industry and lobby Congress for special protection.
A Robert Jordan “Wheel of Time”/Conan/LOTR type but not those, exactly. Somewhat like TOR publishes.
Does Amazon let customers preview them?. I don’t know how to tell if they are any good
I don’t believe it.
That they’re making that kind of money?
Self-publishing has it’s place, but if someone wants to really do a great job it would be good to hire an editor.
Considering the cozy relation between Bezos and Obama, I predict that soon, in addition to Obama phones, we’ll have Obama Kindles. For the children don’t you know...
Love that series. Got much done yet?
Nah. Somewhere around book number nine in the series, or was it number seventeen, I started thinking: yeah, you can finish this series any time now mate. Just simply stopped reading the author.
Two chapters, but I’m not 100% happy with them.
Somehow, though, I suspect it won't bring in a vast fortune. Hopefully I'm wrong! :)
I have a handful of books (photo books) on sale on Amazon and Barnes and Noble. They bring in a few hundred (total) each month, but then I don’t do any promotion or anything at all.
Went through an “easily” cured cancer earlier this year (found out right before Christmas...that was fun and at age 29). I am thinking there has to be some niche I could write about with this experience to help others, but I just haven’t figured it out. Getting an idea drilled down to one or two main ideas that the chapters can expand upon is hard. Never written a book before, only articles for newspapers when I was a journalist.
Yep, even as I read just today a character say in a novel I’m reading that vanity presses are “pathetic”, and vanity literary agencies (as such apparently exist) are “really sad”. Whatever. The niches that sell e-books are however well defined, and they’re not exactly what is called ‘top shelf’, but if you fit into one of them, then sure, go right for it!
I’m already the author of a self-help best-seller published by Random House. But I’ve had no luck interesting agents or publishing houses in my new, award-winning first novel.
So I’ve set up my own self-publishing house (”Books of Destiny”). I used Amazon’s CreateSpace and Kindle Direct to self-publish the novel. Also used CreateSpace and Lightning Source/Irwin to publish another non-fiction work.
What I’ve learned in the process is that there’s no such thing as easy money in the publishing biz. So I’m returning to my core discipline as a marketer, and am about to begin to self-promote the sales of my books.
Please note that this post is NOT part of my marketing program. It’s just a cautionary note to those who may wish to enter the publishing arena on their own.
Got a bunch of stuff. For me worth looking into
I have a Kindle account and have downloaded books. I like to read them sometimes.
I find myself picking up my ‘real’ books more often. They are easier and more enjoyable to read for me. If I really want a book, I’ll buy the tangible version.
Each has its place.
If I ever finish one of my stories and it is long enough, I would consider it.
Maybe I can do an ebook called “First Draft Unfinished Stories”...
I wonder if this has anything to do with Jeff Bezos buying the Washington Post. They have some big printing presses.
I have been looking into this method of publication quite seriously.
I use a kindle / Amazon and preview other books but not sure how all of it works. Fortunately my wife’s a tetchy and doing most of the preliminary work for me.
She finds lots of good reading in the 99 cent section.
We started the used bookstore in our town years ago so have played in the business for a while. Others in our family are writers doing quite well
Finding a good read is always tough as far as I’m concerned.
We like going to Barnes and Noble on a Friday evening to read magazines and books. I hope they will never close, but I am expecting them to shift all online within 10 years. Sad.
Love to see what you’re working on. I think its a good sign when you don’t like your work. Makes you realize how much time you’ll need to put in.
That’s cool you are able to get that without promotion. A few hundred a month is still pretty nice. A car payment.
Is he counting the figures after the decimal point?
Would rather flip through paper pages, preferably with a stick and scotch when possible.
I’ve read the Wool Omnibus series via kindle. Great scifi story of Big Brother meets apocalypse.
That’s a good title. Run with it as we in Hollywood are too stupid to chase good books.
I have the Amazon app on my phone. It’s pretty handy if you end up having to wait somewhere. I can see a regular Kindle would be better to do a lot of reading on. Digital books are pretty neat. No more massive bookcases.
wield power, not weld. Welding is for metal.
The first couple years they were up they were doing around $600/month. I think the number of people self-publishing (since it’s free, so far) is growing rapidly, so it’s not quite the free-for-all it was a few years ago.
“Books of Destiny”
So I poked my nose into your book on Amazon
Wow - nicely done
Your writing is beautiful and easy to read
Good luck - I think time (and the Lord) will reward you
If you have a story to tell, it’s worth thinking about. I started writing in 1997 and there was no money in it at all, but I enjoyed doing it. Once the kindle came out and amazon started accepting self-published books, things took off in a big way.
I now make a living on the ebooks I write. I am not one of the amazon superstars, but I’ve got 29 fantasy books up there and another one on the way.
I think you should give it a shot.
I have good ideas but its hard for me to actually write them
I’m a big fan of a science fiction writer named John Scalzi who dreams up imaginative ways to get his works read. Roughly ten years ago, he published his first book electronically as a free pdf. It’s still on the net, called Agent To The Stars. After some traditional releases, he e-published his latest effort as a weekly serial, one chapter at a time at 99 cents a shot. He then released the entire book at a respectable retail price.
Self e-publishing gives you a lot of oportunities for creative marketing.
No, I think it will encourage semi-literate, Hallmarkesque mush, and wannabe hipster bilge. Just yesterday I got a note from the son of a friend - out of the blue - asking me to evaluate “a novel in progress” and two short stories that he had been working on for a year and a half. The “novel” was two pages, the stories one page each. How clueless/delusional can someone be?
We are hurtling into a Dark Age.
“....... Digital books are pretty neat. No more massive bookcases.”
Agreed, like that I can increase the size of the font and leave my reading glasses on the night stand.....but, I will always love a book I can hold in my hands, then pass on to a friend when done. (If it’s any good!)