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Is there money in ebooks? [infographic]

Now Novel is a fantastic site committed to help authors go through the process of writing and publishing a book. Their team has just created a very interesting infographic every aspiring writer should take a look at.

Asking a question “Is there money in ebooks”, the chart shows a fantastic growth of ebook market – from 1% in 2008 to 30% in 2012 with a prediction of 50% in three years from now (figures for US market).

The most interesting part, however, is showing the revenue split between author, publisher, and agent. If you want your book to be published the traditional way (and of course if you will be lucky enough to get a publisher), you will receive roughly 12% of the pie. Getting into digital publishing shifts proportions – you, the author, are the one to get most of the revenue.

So, on one side there is a traditional publisher, who gets 80%. On the others side we see self-publishing platforms like Smashwords or Scribd, where author gets (at least) 80%.

But money comes not only from the revenue split. Ebook market is growing not only in the US. By publishing your book on Amazon or Kobo or Smashwords you are making it available for any English-speaking reader in the entire world!

And remember, you don’t (and in fact you should not) do everything by yourself. Self-publishing is not about writing publishing, and marketing a book the DIY way. Not any more. Digital publishing gives the author the steering wheel – a power to decide which experts to hire to make sure the new novel will have most chances to succeed.

Now Novel

Is there money in ebooks - infographic

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Posted by on April 19, 2013 in Self Publishing

 

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Amazon to buy GoodReads

BookWorks

goodreadsExciting news! According to Galleycat, yesterday Amazon reached an agreement to buy the popular social networking site GoodReads, which we mentioned in our recent article about social media.

Here’s what the press release says:

“Amazon and Goodreads share a passion for reinventing reading,” said Russ Grandinetti, Amazon Vice President, Kindle Content. “Goodreads has helped change how we discover and discuss books and, with Kindle, Amazon has helped expand reading around the world. In addition, both Amazon and Goodreads have helped thousands of authors reach a wider audience and make a better living at their craft. Together we intend to build many new ways to delight readers and authors alike.”

 

“Books – and the stories and ideas captured inside them – are part of our social fabric,” said Otis Chandler, Goodreads CEO and co-founder. “People love to talk about ideas and share their passion for the stories…

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A great article about self-publishing ebooks

Richard Bowker

Hadn’t heard about Hugh Howey until last week, when Jeff Carver mentioned his success as a self-publisher of speculative fiction.  Now he’s written this piece for Salon, which encapsulates a lot of what I think about self-publishing in the ebook world.

With self-publishing, you learn your craft while producing material. You win over your fans directly. You own all of your rights, and your works stay fresh and available for your lifetime (and beyond). Nothing goes out of print. I think this advantage is difficult to fully appreciate. My bestselling work was my eighth or ninth title. As soon as it took off, the rest of my material took off with it. To the reader, it was all brand-new. To those being born today who will become avid readers 15 years from now, those works will still be brand-new. My entire oeuvre will always be in print and always earning…

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Posted by on April 5, 2013 in Self Publishing

 

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The Disadvantages of self publishing

newauthoronline

Self-publishing brings many benefits not least of which is the ability to get one’s work published quickly (indeed for many aspiring authors self-publishing is the only option given that most established publishing houses will not “risk” publishing unknown authors). The purpose of this post is however to deal with some of the downsides associated with self-publishing.

I self-published my collection of short stories, The First Time, using the services of a company which specialises in the field of self-publishing. The company offers a variety of packages ranging from an ebook only option through to the publication of both an ebook and a printed version (Print on Demand or POD). They also offer editorial services, book cover design and a press release service. I plumped for the ebook only option and paid for book cover design as an optional add-on.

One of the advantages of utilising the services of a self-publishing…

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Posted by on January 12, 2013 in Books, Literature, short stories

 

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Book Marketing

Inspiring a World of Listeners

It’s amazing what a little know how and encouragement can accomplish.  Learning from others successes and failures can be one of the best ways to successfully market our books. One great place that I have found to do that is the Book Marketing Success Community by Self-Publishing-Coach.com where authors build connections with other authors, as well as get answers from those who have gone before them and already know the in’s and out’s of book marketing.

3Dget-your-kindle-ebook-done

This month Self-Publishing-Coach.com is featuring book marketing expert, Staci Stallings in their Q&A session. Here’s a little bit more about Staci:

A stay-at-home mom with a husband, three kids and a writing addiction on the side, Staci has numerous titles for readers to choose from. Not content to stay in one genre and write it to death, her stories run the gamut to make every title a new adventure. With over 20 books published…

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How To Publish On Amazon Using KD

Michael J Holley - Writer

Screen Shot 2013-01-02 at 21.35.38When I was planning out how much time I would need to publish my Christmas book, The Christmas Number One, I assumed I would need 2 days to publish on Amazon through KDP (Kindle Direct Publishing). That was thankfully over-estimated by a long way. It’s easy, quick, and if you have everything ready that I’m going to tell you about now, then you can do it in 30 minutes maximum.

It was so easy, in fact, that I was worried that I had done something wrong. In order to use KDP you must register first. This doesn’t take too long and it’s the usual stuff. (Make sure that you have your bank statement to hand in order to complete the international codes for your bank account) After you have registered, there are only 9 Sections to complete, and I’ll go through all of them here with you.

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