Showing posts with label millionaires. Show all posts
Showing posts with label millionaires. Show all posts

Tuesday, September 18, 2012

25 Reasons to Self-publish, Part II

By:  Kimberly Hitchens is the founder and owner of Booknook.biz, an ebook production company that has produced books for over 750 authors and imprints.

Today, we continue, "25 Reasons to Self-Publish, Part II," continued from the first post, "25 Reasons to Self-Publish, Part I." 

Last time, we wrapped with #13 (25 inconveniently being an odd number).  Read, rejoice, and be merry!
  


14. EBooks on the rise. "Since April 1 2011, Amazon sold 105 books for its Kindle e-reader for every 100 hardcover and paperback books, including books without Kindle versions and excluding free e-books. (after less than 4 years of selling ebooks) " http://www.nytimes.com/2011/05/20/technology/20amazon.html NYTimes. Printed May 2011.

15. More ebooks on the rise while print falls. "According to the Association of American Publishers (AAP), in 2011 e-book sales rose 117%, generating revenue of $969.9 million, while sales in all trade print segments fell, with mass-market paperbacks plunging by nearly 36%." http://www.publishersweekly.com/pw/by-topic/industry-news/financial-reporting/article/50805-aap-estimates-e-book-sales-rose-117-in-2011-as-print-fell.html Publishers Weekly. February 2012.

16. Interest in and loyalty to authors over publishers. (Yes, L.J, Drew, I'm talkin' to you!) "A 2006 survey (conducted by Spier New York) found that book readers were visiting publisher and author websites; half have purchased books as gifts. 18% of readers have visited a publisher’s website. 23% of readers have been to an author’s website." http://www.barbaradoyen.com/author-promotion/do-you-have-a-website via Publishers Weekly (expired, can't find original source)

17. The rise of the Kindle Millionaires. "Hocking says she’s sold 900,000 copies (mostly electronic) of nine different books since April 2010. If you give her the highest price point and royalty for each book, that would mean she’s made close to $2 million." http://www.forbes.com/sites/kiriblakeley/2011/03/06/who-wants-to-be-a-kindle-millionaire/ Forbes. March 2011.

18. And for paper....Those of you who are old-fashioned types can cheaply self-publish paperback copies through Amazon's CreateSpace. "For $25, the on-demand book publisher will list a book on Ingram and Baker & Taylor, two of the national distribution catalogs from which bookstores order new copies." How to Use CreateSpace: http://mashable.com/2011/07/19/self-publish-amazon-createspace/

19. Genre fiction sells well as ebooks. "Crime, sci-fi, Christian fiction, and other genres drive e-book sales. Deborah Reed wrote "A Small Fortune" while waiting for her literary novel to take off. The success of her thriller drove up sales of her first book." http://www.csmonitor.com/Innovation/Tech/2012/0504/How-to-self-publish-an-e-book Christian Science Monitor May 2012 (For all my buds here at CFC!)

20. You retain all rights to your manuscript. "It’s typical for publishers to take 50% of the advance on rights deals they make themselves, and if your agent brokered the original then she’ll take her 15% commission out of your 50% share; whereas if your agent sells those rights for you directly, you’ll get all your advance minus your agent’s cut." http://howpublishingreallyworks.com/?p=4045 June 2011. More details on author rights in traditional publishing contracts: http://www.fonerbooks.com/contract.htm Morris Rosenthal. 2011. (Hitch note: for those of us who are control freaks, this one is hard to resist.)

21. The Tide! "Since 2008, there have been more self-published titles than traditionally published ones. In 2009 there were 764,448 self-published books." A list of the most successful self-published Sci Fi and Fantasy Authors: http://io9.com/5911634/the-most-successful-self+published-sci+fi-and-fantasy-authors i09 Books. May 2012.

22. Publish Internationally. "In a move that could cut some agents out, Amazon now allows those authors to distribute their print books through European Amazon sites for free." Paid Content. http://paidcontent.org/2012/05/17/amazon-createspace-europe/ May 2012.

23. Ebooks in Translation: Romance author Barbara Freethy "sold 1.6 million copies total and is taking an unusual step: Self-publishing foreign-language editions of those e-books ... Freethy’s The Sweetest Thing, which costs $2.99 and was originally published by Avon in 1999, is now #35 on the New York Times (NYSE: NYT) combined print + e-book bestseller list and #22 on the e-book-only list." Paid Content. http://paidcontent.org/2012/03/22/419-the-next-self-publishing-frontier-foreign-language-editions/ March 2012.

24. The Write Stuff: "In 2006 there were around 51,000 authors who self published books. By the end of 2010 that number had exploded to more than 133 thousand." Self Publishing Gives Budding Authors The Write Stuff. http://miami.cbslocal.com/2012/05/14/self-publishing-gives-budding-authors-the-write-stuff/ CBS. May 2012.

25. Editors, Editors, Editors: (Jodie, my friend, this one's for YOU!): You can employ an editor yourself. "In the past, self-published books lacked one thing that traditionally published books had - a good editing and revision process. I think that greatly affected the opinions of the bookstores, reviewers and even readers. I have witnessed a great turn in traditionally published writers choosing the self-publishing route." http://www.hattiesburgamerican.com/article/20120506/LIFESTYLE/205060315/Self-published-books-getting-into-mainstream-local-shelves Hattiesburg American. May 2012.


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And that's all, folks! Go forth and conquer the authoring world.