Funny thing has happened of late.
Many midlist indie authors who were ranked fairly well fell into a black hole around the first of the month, and their sales never recovered. A few of my titles did the same thing.
I found it suspicious that all of a sudden, one day, several of my titles could drop from being ranked in the 2000 area to the 6000-8000 level.
Seemed weird to me.
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UPDATE: Yours truly was in the Top 50 indie authors by sales for the second month in a row!
UPDATE REDUX: What’s that you say? Why don’t I have any box sets? I do now! Three of my enduring faves at a 20% discount!
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Equally odd was how several of my other titles could sell 60% less than a few of my fellow authors’ books, and yet be ranked higher. I saw that multiple times. It wasn’t a glitch.
So I developed a theory.
As theories go, it wasn’t much. I posited that Amazon must have changed more than the way free units were accounted for around the end of April. I guessed that they had started basing ranking on dollars, not on units.
That gut feeling has been validated, at least partially. You can see an excellent blog on the topic here. I won’t duplicate effort by belaboring its points. Just read it.
This marks a turning point for indie authors. Amazon’s apparent tinkering with their algorithms has just made the now poor counsel to price your books at .99 a disastrous one. Besides undervaluing your work (unless it’s crap, in which case, you know your work better than I) it is now a recipe for lower ranking, and poor sales. Self-fulfilling prophecy, that.
I have mixed feelings about all this. On the one hand, I believe that the .99 cent thing was a shoddy gimmick and poor branding. And it will now be even worse for anyone who followed the advice, because as I’ve said numerous times, it is very hard to move from being a .99 author to one where your work can command many times that amount. So not only are you now facing the whammy of having to sell 5 times as many books as a $5 book to rank the same (at least on popularity lists – don’t know what the future holds for bestseller lists), you don’t have any pricing power for your work, as you’ve valued it at a third of the price of a cup of big city coffee. On the other hand, I wonder how we indie authors will get any visibility, if Amazon is calculating ranking based on list price, not on sales price, as it would appear they are doing. That gives the trad pub gang, and Amazon’s own trad pub label, a huge advantage, as they can list price a book at $14 even if the actual selling price is $7. If I am correct and that artificially inflated price is the one the algorithms recognize as the “price” of a unit sold, then the game is forever rigged in favor of trad pub books. They will virtually always place better on some of the lists, if not most.
Is this the end of the world?
Not really. It just means that the crack high of free books and boom times from the associated promotions are largely over for indie authors. Because now that Amazon has won the war for market share and dominance, it is going to get down to making money. And a $10 title makes it a lot more than a $3 title. So which would you focus your efforts on selling if you were the company? To me it’s obvious. You go where the money is. Companies are not in business to better humanity or prove points. They are commercial enterprises whose sole reason for existence is to make a profit. I get it.
I don’t think Amazon is targeting indie authors for extinction in any way. I think that many will become extinct as a byproduct of this, though. Which brings me back to my blogs of six months or so ago. About why you write. To repeat myself, if you write because you hope to hit it big, or even make a decent living, you are writing for the wrong reasons, as the odds say you’ll starve. To me, that’s the wrong reason to write.
If, however, you wish to open a self-publishing business, where you create a product you hope to sell enough of to recoup your investment of time and money, and generate a profit, you need to care about these developments, as they radically impact your chances of succeeding. My own company included.
In the end, I think we can safely assume that Amazon will do what’s best for Amazon, just as your company will do what’s best for you. That’s how things work. But if you are still hoping to use last month’s strategy of going free to boost sales, or are thinking that cheap will translate into sales success, you’re badly mistaken, and will learn the hard way.
Or you can read this blog, and know about trends real time. Or at least, as soon as I become aware of them.
Good luck out there. For what it’s worth, I also believe that free is rapidly going the way of the dinosaur. It still has a tiny bit of life in it, but it’s on life support, and I bet it is dead within 30 days. I’ve pulled all but one of my promos for that reason.
Oh, and check out my new boxed set below. It will build strong teeth and bones, and keep Satan from your door. Mostly. Mileage may vary.
As always, if you want the artist’s contact info, drop me a line.
Until next time, go buy a bunch of my crap. Buy two. I need to pay my bar tab.
Sales for every author I know have been dumping since March, on a month over month basis. This could be due to seasonality, but I suspect that it has far more to do with changing consumer behavior. We, as authors, have trained readers that they don’t have to buy books. They can just wait for them to go free. What kind of chump pays for a book when they can get the same thing for free, fer chrissakes?
I’ve heard this again and again. So while free has been good for some authors (like me) in the short term, in the longer term, it has established a new kind of hoarding behavior where the value of the work is degraded. We have done this to ourselves. We have seen the enemy, and it is us.
I’m guilty of it. Most I know are, too.
And sales across the board are languishing. Since Amazon changed the algorithms, my sales are down 35% from April, which were down about that much from March (which were almost 5X what Feb and Jan were, so can’t complain too much). The difference is the free promotions, or rather, the success thereof. In March, I would do a free promo, see 15K downloads in two days, and the sales would boom to couple hundred a day of that title for four to five days, then slow gradually, maybe hundred and fifty day six, hundred day seven, sixty day eight, and then settle into a “long tail” where they would bottom at around fifteen to twenty a day by week three.
The point is that by running a free promo every week, I would see that spike on one title per week, which was an extra eight hundred to thousand books a week. Averaged across a month, that was four thousand books. That’s a lot of books.
Now, though, I have done three different promos in three weeks, and seen 10K per free promo, I’ve seen sales struggle to maybe 20% of what I saw in March and early April, with the fall happening much faster. I believe that’s because of how the books appear on Amazon’s lists – they aren’t getting favorable placement any more, due to the algorithm change. So now you are invisible to readers, just as you were before, except for maybe one or two days of placing far down a list that has also been changed, again, as noted in earlier blogs.
That would argue for pulling out of KDP Select. No more free lunch. No benefit. And an actual harmful net effect.
And yet, I am staying in, for now, even if I’m not going to do many more free days.
Why, you ask?
Loans. As of April, Amazon increased the loan fee for each borrow to just a hair shy of $2.50. So if you get 1000 borrows, there’s an extra $2500. It’s actually not extra, as it cannibalizes a sale, but at $2.50 net, what do I care? That’s great compensation on a net basis (even if you have your book at $3.99, you won’t see $2.50 average net, as all the affiliate and non-US territory sales cut into that at a 35% commission rate, as opposed to 70%, blending out at more like $2.25 on average across a month). To my thinking, I’m now being compensated as if all my titles that are borrowed were retailing at $4.50 or so. That’s a sweet deal. Sweet enough to have me keeping my titles in the program to reap that reward.
I see about 30% borrows to sales. Sell 1000, you see roughly 300-350 borrows. How does that suck? Well, you are foregoing nook and other platform sales (although not really, if someone is willing to convert the MOBI and you haven’t enabled digital rights management). But no way are my nook sales 30% of my total.
One tell is that my UK sales have now grown to be 30-40% of my mix. But they don’t have borrows there. That would explain why sales have been growing even as US sales are falling. Far fewer seem to take advantage of free promotions there, and they can’t benefit from loans, so they just buy the books. I also note that the refund rate is far lower. In the US, I see roughly 1.75-2.25% returns. Doesn’t matter what title. That’s the average. I used to think it was because some were offended by language or politics or religion, but no – my dog bio sees the same returns as my most controversial work. In the UK, the return rate is more like around .25 percent. Perhaps there’s just a philosophy in the US of refunding things for whatever reason. Perhaps UK Amazon’s return policy is harder. Dunno. I just know that UK readers seem to whine less, return less, and buy more.
Viva the UK!
So what does this all mean for authors? Free is over, as I said before, unless you consider a 10%-20% effect worth it. Instead of seeing 150 books day two, you’ll maybe see 20-30. And that’s if you placed in the top 40 free overall. There will be exceptions, but that’s become the new rule, so free as a mechanism to increase sales due to the heightened visibility of the free/paid cycle is done. I do think the negative is that it is going to be a long time before the fringe crowd that would pay to read a new indie title does so – why buy when you have 100 free titles already on your kindle? That fringe buyer is who many of us were courting, and they are largely out of the game. Hence, sales slump, in addition to seasonality. And what you are trading for that extra 20-30 books sold for 5 days, is the death of your longer term sales market. Seems like a dumb tradeoff, to me, anyway. Maybe it’s worth it to some. But only, by my math, if you plan to sell maybe 200 books total per title. Otherwise, free is a bad deal now.
My tactic moving forward will be to run out the clock on the promotions I have scheduled, keep my books in KDP Select, but not offer them free. I will do this for the $2.50, no other reason. And if that declines, I’ll be out completely, focusing on other promotional tools.
And writing.
I think the single biggest differentiator I have from most of my peers who started publishing when I did, is my large and growing backlist. I’m so convinced that makes a difference I have committed to writing five more novels this year, if it kills me. I think once you have critical mass of, say, 15 paid titles, there is a lot more chance for someone to stumble upon one of your works. And when they do, they might work their way through all your books, which translates into considerably higher revenue over the long term. Because you have gained a reader, not made a sale.
In the long run, and I’m talking years or decades, I believe making a living as an author will come down to supplying consistently high quality work in the genre your readers like and want. Promotions, pricing, giveaways, hype – all are good, but nothing will build a career like putting your head down and writing as well as you are able. Not as fast as you can, but as well as you can, at a sustainable rate. So if you can only get out one or two novels a year, my advice would be prepare to do that for the next five years, and dig in for the long haul. That’s what I’m doing. My magic number is to have 15 paid titles, then next year I will back it off to maybe 3 or 4 books a year from there on out. Because it’s not like I don’t have enough titles out. But all of last year, I felt hunted and driven, because a part of me said, “You need more.”
Turns out that was right.
I have been told that summer will be miserable from a sales standpoint, and also, in the same discussion, that sales will increase due to summer beach reads being bought. My gut says free saturated a lot of those discretionary indie beach read purchases, but I hope I’m wrong. However that may turn out, I’ll still write my five more books, and be gearing up for the Dec-March boom again.
Because Rome wasn’t built in a day. Nor will any career be. Unless you’re a Kardashian. Meh.
Speaking of shameless self-promotion, check out my new box set – that’s a lot of books for a lousy ten bucks. As always, the art was done by my usual guy, whose contact info can be yours for the asking.
The crazy, mad crack high of free books is now officially over.
I can’t say for sure, but I am about 99% confident that Amazon has made changes to its algorithms, so instead of seeing massive spikes in sales coming off free, you will see a paltry spike, if that.
I have several friends who just came off free in the last week, saw 15K downloads, and saw a marginal increase in their sales – maybe 10% of what they would have seen a month ago.
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BREAKING NEWS: New interview with Kevin Rau and yours truly. Because it’s all about me.
NEWS: An excellent new blog featuring my thoughts on promotions by @inkwellHQ. A good read.
MORE NEWS: New book review for King of Swords sequel, Revenge of the Assassin, by bestselling author Steven Konkoly.
UPDATE: Yours truly was in the Top 50 indie authors by sales for the second month in a row!
UPDATE TWO: A lengthy interview wherein I cover everything from the war on drugs, to central banking, to writing.
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I just did the same thing with Zero Sum. Actually, that was an odd one. I think Amazon hates Zero Sum. Remember that it “lost” the book for 24 hours, trashing the ranking when it “found it.” Went from #1300 or so to #8500, and never recovered. Nice. Thank you, Amazon. Whoops!
But this time, Amazon didn’t pull it off free at midnight when it was supposed to, at the end of day two. No, 12 hours into day three, and it was still free. Which made the promotions I’d scheduled a moot point. But it saw over 10K downloads and hit #30 overall. So not terrible. Certainly not bad for the third time it’s gone free.
Day one paid, I priced it at .99 for one day, to boost paid sales on the critical first 24 hours, when the algorithms used to give a sh#t. I saw a whopping 100 sales at .99, versus 350-500 on similar promos just a few months ago. So not as large a bump – maybe a quarter or less what April might have brought. Then, in the first 24 hours at a discounted price of $3.47, I saw 21 sales.
To put that into perspective, the book typically sells 20 a day. Some days 15, some 25.
So a modest effect on deeply discounting the book, and then virtually nothing once at normal price.
Two months ago, I was seeing 150 a day following a free promotion at full price, and that lasted 7 days. Now, not so much.
Thus, the giddy days of big sales from going free are officially over. I’m hearing similar tales from everyone I know. So it’s O-V-E-R. We’ll have to come up with something new.
I won’t be doing any more free promos if there’s no lift from the free days. Makes no sense. I’ve already seen well over 150K of my books downloaded free over he last 6 months, so another 10K of one title or another ain’t going to bring in the tide of readers. I’ll run out the clock on the existing promos, and collect the loan fees on the borrows – which DO offset sales, contrary to some claims to the contrary (I’ve seen it now for several months, where the first few days of the month borrows go through the roof, and sales drop by precisely the same amount – makes sense, as those folks are waiting for their free book from Select, rather than buying the title). But as to breaking big on a book because of free, I believe that’s finito. It was certainly fun while it lasted. But now the hangover sets in.
I wonder how long it will take others to figure this out? My prediction is 30-60 days, if they don’t read this blog. Allow me to be the first to proclaim the end of the free era on Amazon. Long live the new, new thing. Whatever that might be.
One of the things I get asked a lot, besides “When does the statute of limitations expire?” and “You seriously don’t understand why you can’t say that in a book?” is “What steps have you taken that have made a difference in your promotions?”
I would have to say that the KDP Select free days have had a massive positive impact (although how long that continues is anyone’s guess), as has my my participation with Melissa Foster’s World Literary Cafe.
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BREAKING NEWS: New interview with Kevin Rau and yours truly. Because it’s all about me.
NEWS: An excellent new blog featuring my thoughts on promotions by @inkwellHQ. A good read.
MORE NEWS: New book review for King of Swords sequel, Revenge of the Assassin, by bestselling author Steven Konkoly.
STILL MORE NEWS: Book review for pet biography An Angel With Fur from Pets Weekly.
UPDATE: Yours truly was in the Top 50 indie authors by sales for the second month in a row!
UPDATE TWO: A lengthy interview wherein I cover everything from the war on drugs, to central banking, to writing.
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WLC, as it is known in shortened form, is a gathering place, author resource network, promotional site, and much, much more. I originally was introduced to it by Andy Holloman, for the launch of his book, Shades of Gray, in which I featured The Geronimo Breach as one of 9 books that helped support his launch. My experience was positive, so I signed up for their tweet teams (reciprocal tweet groups) and then did a few launches – most noteworthy being The Voynich Cypher, my first launch with them March 20, which sold 4,000 copies within a week of the launch, to which I attribute much to WLC – it was a featured book, had an excerpt on the site, featured a blog by yours truly, etc. I have no doubt I wouldn’t have gotten the visibility I received absent those promotions, and I continue to use WLC for my launches – I’ve integrated them into my strategy. The cost is a no brainer, more than reasonable, and the results speak for themselves. I used them for the launch of Revenge of the Assassin and saw a big run of sales, and will continue using them for the foreseeable future. They’re a quality outfit, and the founder, Melissa Foster, is a caring and supportive bestselling author in her own right.
They can be found at WorldLiteraryCafe.com.
Another thing that’s made a difference is @TweetYourBooks doing promotional tweets for me. Hard to measure the success directly attributable to that, but my gut is that it is substantial. Their sister service can be found here.
I have also tried advertising with little success, blog tours with some success, interviews with some success, and all sorts of other promotions, with inconclusive results. The few things I can say that are part of my arsenal moving forward are the two I just mentioned, as well as trying to respond to every e-mail and comment from readers, and keeping my blog interesting as I can – although I’ll grant you that it is very author-centric at the moment. Perhaps next week I’ll focus more on fluffy kitties or cute puppies. Or clowns, and the ever-present menace to thinking upright bipeds that they represent.
While the aforementioned types of promotional vehicles (except for the clowns and puppies/kitties) definitely can add to your visibility, the truth is that success in publishing is as much luck of the draw as it is skillful planning. Being in the right place at the right time, luck, a fluke, a mention from out of the blue…any or all of these can have just as much to do with exposure and sales as any strategy I’ve seen. Having said that, I can’t help but think that the harder you work at promotions, the luckier you will be.
That’s it for this installment. My philosophy is to just keep writing, and hope that eventually quality will rise to the top. Or in my case, that I’ll get lucky.
And since no blog of mine would be complete without shameless self-promotion, here’s the cover for my new one, to be released by the end of the month. Sequel to King of Swords and Revenge of the Assassin – Return of the Assassin. If anyone wants the contact info for my cover artist, e-mail me through the site and I’ll be happy to provide his info.
Now go buy some of my books so I can afford my bar tab this month. Papa gets thirsty. Wink.
Amazon’s KDP Select program, and its feature of enabling authors to make a book free for a few days, has treated me well. Since participating in it my sales have boomed and stayed high long after the giddy glow of free is over. So what could possibly be the negative?
Glad you asked. Otherwise there wouldn’t be much reason to write this blog, other than to tout my crap in unabashedly self-promotional fashion. Which I will do, early and often, but that’s besides the point.
As every one is by now aware, if you rank fairly high on your free days, you see a bump in sales for four or so days after, due to the Amazon algorithms treating free downloads the same as paid downloads for the purposes of things like the Movers and Shakers list, as well as “also bought” recommendations. That exposes your book to a whole new universe of potential readers, some of who will buy your book to give it a whirl. All good. Everybody wins. Or do they?
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NEWS: New book review for King of Swords sequel, Revenge of the Assassin, by bestselling author Steven Konkoly.
MORE NEWS: Book review for pet biography An Angel With Fur from Pets Weekly.
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One well documented downside to putting your book up for free for the majority of authors is the dreaded one star review – the drive-by slam that slags your work, often written as though the reviewer didn’t even bother reading it, by a reviewer who’s never reviewed anything else. My pet theory is that free exposes you to readers who would never buy your book and for whom it was never intended – they don’t like the genre, or they don’t like whatever the topic or underlying theme is, etc. But because it was free, they loaded up their kindle with whatever was hot on the lists, and then they started reading, and…blech. That book sucks.
Sometimes a book sucks. In fact, books often suck. Sucking isn’t unknown with indie books, where authors may have failed to get professional editing or proofing, and manuscripts can read more like incoherent first drafts than finished product. Typos, grammatical issues, continuity problems, echoes…and on and on.
But professionally executed books also get one star reviews, invariably after going free. Often, the review will say something like, “I don’t normally read erotica because of all the sex, but I thought I’d give Spank Happy Oiled Gladiators a try, and was reminded of why these books suck a bag of d#cks. I couldn’t finish it. Ugh.”
What we have here is a failure to communicate. (Note that I am not saying that low reviews are always, or even mostly, unwarranted. Everyone has different tastes, so one person reads Da Vinci Code and finds it gripping, and another finds it sub-custodial twaddle. That’s what makes a market. No, what I’m describing is well documented – the spate of one and two star reviews that invariably follow a free promotion, on a book that has universally gotten only positive reviews until then – where the consensus is that it’s a decent example of the breed)
The free reader who is leaving that one star slam wouldn’t have purchased the book, ever. It’s safe to say that reader wasn’t the audience it was written for. But free brought them to it, and now they feel they must share their dislike of it with the world. Hence the one star reviews after free. It’s just a theory, but my hunch is that if you are willing to pay $4 for the epic tale of greased up, corporal punishment-crazed warriors, you know what you’re buying, and thus are more accustomed to the norms in the genre, the content, etc.
It’s rare that I put a book free and don’t see the one star effect. Many authors dread it. I tend to be more philosophical. Free brings out all kinds, many of whom aren’t going to ever like anything you write, or in your chosen genre, because the filtering mechanism that is the reader laying down his/her money to read the work has been eliminated. Just as readers get everything from complete drivel to brilliant discoveries when they download a bunch of free books, authors get a mixed bag of readers from free – from “U ar a stoopid riter and ur buk suks!” to “Scintillating, salubrious sophistry structured with sartorial slyness.”
That’s just how it is. Welcome to the free book binge.
The other negative I’ve seen is that the fringe buyer for indie books, the reader at the margins who might have been willing to give a new author a test drive in exchange for a few bucks, now doesn’t. Instead, they download free books. Their kindles are clogged with books they will never have the time to read, but they can’t help themselves. It’s free, GD it! Getcher free stuff while you can! Obviously, poop and dirt are free, too, but most don’t load up and eat it just because there’s no cost. But the problem is that there is a glut of content that has taken those fringe readers out of the mix for indie authors, as they’re struggling to digest 1000 free books, and so aren’t buying anything right now. I believe that’s substantially contributed to the lower sales I’ve heard so much about over the last 30-60 days from many name indie authors. These aren’t folks struggling to sell a few dozen books. They are established authors with plenty of titles who are well regarded. And yet their sales are down, across the board, by at least 40-50%.
My pet theory is that this is the inevitable effect of free, and it will likely take the remainder of 2012 to rinse through the system.
What will stop the race to free for authors is the other negative nobody likes to discuss in polite company – namely, that the “bump in sales” effect free can create has gone from hundreds or thousands of sales, to only a few. The market has absorbed the promotional technique, and it’s no longer effective – just as other techniques worked until they didn’t – think .99 for an example.
In 2010, .99 was almost a guarantee of massive downloads. In 2011, not so much, and in 2012, it’s hit or mostly miss, at best. You still see some authors doing it, because they are reading “how to” books written in 2011 about what worked in 2010, but most quality authors don’t like the idea of making 1/6 the revenue at 35% commission on .99 as they would on 70% commission at $2.99. So it has lost effectiveness for two reasons – readers believe (often correctly) that .99 equates to barely readable dross, and authors believe that they are giving away their work at that price, undervaluing their product to no good purpose. Some still do it and are successful, so whatever, but most don’t anymore if they have any pricing power at all.
Free is great until it isn’t, and readers finally figure out that there’s a resource more precious than a few dollars: time. If they can pay $5 and be guaranteed of a read that gives them 10 hours of well-executed escape, that’s a better value than poring through dozens of marginal or worse books they got at no cost, only to delete them after the first twenty or thirty pages. Time is a commodity that doesn’t replenish, so in the end, I believe that most discerning readers will pay an equitable price for competent work. What that price winds up being is debatable. But it won’t be free, and likely won’t be .99, except as limited time promotions.
And now we come to the crassly commercial part of the blog. Check out the new cover below – I’m in the process of redoing the covers for Zero Sum, Fatal Exchange and Geronimo, and am almost done, so if that’s what you’ve been waiting for, get your credit card ready. That’s it for my blatant self-promotion for this episode. Now go buy something.
So there’s your installment of the view of the literary marketplace as seen through a tequila shot glass on the beach in Mexico. As with all things, your mileage may vary. In the end, the only things you can really control are the quality of the writing, the level of professionalism of your finished product, and the number of hours you invest in marketing. The rest is up to a finicky and randomly chaotic universe, so don’t quit your day job…
In my ongoing quest to improve my offerings, as I learn more about the business and develop a distinctive “look,” I’ve decided to revamp some of my covers with a new look that’s more consistent with my latest releases – The Voynich Cypher, and the Assassin series (Night of the Assassin, King of Swords and Revenge of the Assassin).
To that end, I have done a makeover on the Fatal Exchange cover, eschewing the busier cover that it went out with, and going for something more simple and to the point.
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NEW BOOK REVIEW: Pets Weekly just reviewed my pet biography An Angel With Fur and it’s a good one.
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The story is one, at its essence, of killers, and money.
So my cover designer and I came up with the not terribly breakthrough idea of blood on money. Fatal Exchange is also one of the grittier and more violent books, and the torture scenes are fairly graphic, and I wanted to convey that.
Blood money. Bloody money. Whatever. You get it. The result can be seen below.
The book’s sold well since release, now over 4000 copies paid, and tens of thousands of free downloads, and continues to sell well in fits and starts. The title will probably finish out this year having sold closer to 10K than 5K since it released. That’s about what the average mid-list offering from a Trad Pub house will sell, so I can’t complain. And I have the rights to it forever, so it will continue to sell until either nobody wants to read police procedurals/serial killer/conspiracy novels, or everyone gets tired of my voice. You have to love that.
Back to covers. Some might say why mess with a good thing? Why try to improve?
Simple. This is a business – self-publishing, not writing, which I do because I enjoy it. Businesses need to brand a look, and spend millions on redoing their packaging periodically. The cover I developed a year ago (almost) reflected my thinking at the time, but my newer books look different, and I don’t want readers to get confused.
I’ll be doing the same for Geronimo and Zero Sum, next. Then I will be able to sleep. Or not. The point is that you have to constantly be adjusting to improve the reader experience, and never grow complacent. Covers are an important part of that. I’ll also probably go back and do some rewrite on Night of the Assassin, and maybe Fatal and Geronimo, at some point, to flesh out some areas that I think I can improve upon. After I get done writing my seven to eight books this year. Groan. But I’m three down now, and will start a fourth in May, so am pulling on the oars as hard as I can.
Let me know what you think of the cover. If anyone wants info on my artist, e-mail me through the site and I’ll give you his e-mail. He’s good, fast and inexpensive.
I get a lot of e-mails from fellow indie authors, mostly cursing me or telling me I’m a dark stain on the profession, but some discussing trends in the business, such as it is.
While I try to avoid making predictions, primarily because I’m usually wrong (or the clowns use the information against me in their ongoing persecution), it’s hard to be in this business, if it can be called that, and not try to divine the future.
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NEWS: I was listed as one of the top 50 indie authors by IndieReaders.com for March. I wonder if I get a ribbon or something?
UPDATE: A great new book review of The Voynich Cypher.
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So here are a few random ramblings, in no particular order.
Free is the new .99 on Amazon. Last year, .99 was the attention-getting gimmick some author used to propel themselves to all-too-brief stardom. This year, if you want to get noticed, at least in the first 100 days of the year, you gotta go free. It’s a very odd formula, but one you either adapt to, or die.
The rub is that the giddy sales high from free days is getting weaker and weaker, and doesn’t last. Books that were in the top 40 following their free days are now right back where they were before the bump they experienced. So free can buy you fleeting increased sales and visibility, but it’s a false God. The downside for readers is now obvious to me – there is so much content out there I can download free it’s shameful, but at the same time, there isn’t enough time in the day to read even a third of what I’ve downloaded. I’m just now getting to things I got in DECEMBER. I suspect that 99% of all books downloaded for free go unread. Don’t quote me on that, but it’s my gut feeling, at least if I’m anyone to judge reading behavior by.
The market is getting more cluttered. Everyone, from third graders to octogenarians, are writing “books” and publishing them. That means there are now millions of books out there, with all the authors making noise to get noticed. Not surprisingly, few of them do. Why? Because your chances are better of being struck by lightning than of making a living as a writer. Really. But nobody wants to hear that. That’s a big party pooper, and doesn’t play into the whole “The Indie Road” mantra that seems more akin to a religion for some than a business decision.
The content glut doesn’t really bother me much, just as the millions of blogs out there don’t really impact my enjoyment of writing this one. I write it, whether hundreds of people read it a day, or just a couple. Just as I am writing my books, just as I was when I sold 30 in a month. Because, as I said in a blog long ago (maybe six months ago, maybe eight), I write first because of love of the craft and a compulsion to do so, as well as to tell stories, and yes, out of ego that gets stroked when I get a few miserable sentences right. But I don’t write to be a commercial success, because I have no idea what will be commercially successful. Nobody does. If they did, they’d be writing it, and we’d all be reading their books in awe and wonder, not going, “Why is this crap selling?” Likewise, if the trad pub apparatus did, companies wouldn’t do six figure deals for duds. Lots and lots of them. The truth is that even the pros have no idea what will sell, so the notion that they only sign “the best” books is flawed. Scott Nicholson, a great writer, says something to the effect that “if the 100 best books of all time hit NY today, only 10 would get signed, and the other 90 would get rejected, because the industry didn’t have a slot for them that day.”
Having said all this, I had an idea that seemed like a good one. Of course, I can’t do it, because I’m busy writing. But check out the concept. Are you ready? Sitting down?
Consumer Reports for Indie books, including the equivalent of a Good Housekeeping seal of approval.
Maybe you have to submit your work with the contact info for your editor, so it can be verified as having actually been edited, and the name of your cover artist, so it’s clear that a pro team was used. That doesn’t mean the book will be good, but it increases the chance that it will be decent, at least, as in relatively free of typos and incoherent gibbering.
Why would this be good? Because in spite of all the hyperbole, most authors don’t use pro editors, and most don’t use pro cover artists, so their offerings range from mediocre to beyond terrible. That turns readers off to entire price points for books – “Oh, not another $2.99 screed filled with lousy writing, grammar and typos.” How many times have you read authors saying, after getting a host of terrible reviews on the editing or formatting, “Now I’m sending it off to a real editor, and it will be fixed within X period of time!” Really? Given that it’s near impossible to succeed, you wanted to wait until your readers, few as they might be, confirmed that un-edited work is, er, lacking, to say the least? That’s your plan? Let the readers tell you it’s sh#t, and then fix it? “This tastes like dung.” “Thank you for your patronage, sir. We will now be closing the restaurant while we hire a real chef to fix our recipe, which largely consists of dung at the moment. Bud don’t worry, in the meantime, we will still be offering our dung sandwiches for sale through the front dining room – we have a lot of them left. Please come back soon.”
Is it just me, or is that nuts?
I pay an editor – a Brit, who is a talented writer himself. I also pay a copy editor once he’s done, and then a proofreader. I do this because if I am going to charge for my work, whether it is one person reading, or 10,000 a month, they deserve the best I can do. Not the best I can do with no investment. Not the best I can do without taking the steps that are necessary to create a quality product. The best I can do. My reasoning when I started publishing was simple – if I am to be taken seriously, I need to pay to create quality. I want to be taken seriously. So whether I ever recoup my investment, I have to bite the bullet and do what it takes.
The point is that it would be nice if well-edited, professional books had a seal of approval that recognized that they had been put through at least cursory quality control. I would gladly pay to receive that seal. I don’t know, maybe $20 per book. Whatever. If it makes it easier for the readers to decide to try my work, it’s worth it. Then, it’s up to the writing. You can put all the lipstick on a pig you want, but in the end, it’s still an oinker with ruby red smackers.
I have a friend who has put out a bunch of books in the last year. I tried to get through two of them, and just couldn’t. The editing was non-existent, and it was obvious that he hadn’t even gone back to do a second draft or polish – he is just spitting out words and then uploading them as books. His philosophy is that once he makes money selling the books, he will have adequate funds to have them edited, and presumably, more desire to polish his work. That’s sort of like a business plan that says you’ll start a taxi company, and then buy gas for the cabs once you’ve done your first 100 trips, because then you’ll have that money. It ignores that cabs without fuel don’t get paid. Seems obvious to me, but that’s what he’s doing, and so far, guess what? Almost no sales. It is mind-boggling that someone would waste their time in this way. His stance is, “Hey, look at X, his work sucks, and he’s experienced success, so my work can suck too, and I can be successful.” That’s quite a model.
So that’s my thinking at present, and my rant. The world of indie publishing is rapidly changing, in terms of what promotions work, what social media has an effect, what pricing is optimal, etc. What doesn’t change is that badly edited and produced books don’t get a second chance. If you’re an author, look at yourself hard in the mirror, and ask yourself whether you made the investment, or figured you were somehow different and didn’t have to. I’d say most fall into that category. Which is partially why the odds are so long of being successful. At least, that’s my hunch.
I just saw a book in the top 40 on Amazon that is #32, with The Voynich Cypher at #31, in Action/Adventure, and it says in green: “Available for pre-order, release date May 15.”
Now, are we living in some weird world where you can’t just get instant downloads of infinite copies effective, oh, I don’t know, about eight seconds after midnight on May 15?
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NEW: Another glowing book review for The Voynich Cypher. Worth a gander.
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In other words, what is the benefit, or even the concept, of pre-ordering an ebook?
Did I miss a memo here?
And how did it land at #32 of books SOLD ON AMAZON TODAY?
Does anyone view that as odd? Strange? Impossible, even? This is in the kindle ebook section, BTW. Not books. Kindle ebooks.
Now, maybe I’m just dim, or something really weird is going on. Like, as in, maybe the world isn’t fair, and maybe preferential placement is being granted to big publishing company titles that won’t be available for a month? Because otherwise, how does a book that you can’t actually buy yet, and for which no advantage to pre-ordering exists, land on that list of ebooks that actually sold? I could understand if it was advance orders for hard copy. But that’s not what the list purports to, well, list. I suppose it’s possible that the wires are crossed in the Amazon black box, and it automatically lists pre-ordered hard copy in the kindle ebook list, but if that’s the case, then what value does the kindle list have? Why not just have one list, if that’s the explanation?
Or perhaps people are just really, really stupid, and want to give Amazon their $12.99 for an ebook a month and a half before their goods are delivered? Sort of an interest free loan the likes of which you normally have to be a big bank on Wall Street to get?
Maybe an angry and vengeful God is singling me out for punishment, and filling my head with stupid questions?
Or maybe we should all do an Amazon Dr. Strangelove, and just lie back, close our eyes, and think of England instead of worrying about all this? Because I’m sure that Amazon has our best interests at heart. More on that in my next blog. Till then, just don’t lose your wonder at life’s little miracles. They happen every day.
Like #32.
On June 7, I’ll have been self-publishing for exactly one year.
My first offering, Fatal Exchange, continues to sell well – in fact, it’s selling more now than ever.
My second book, How To Sell A Gazillion eBooks In No Time (even if drunk, high or incarcerated) is languishing. I guess authors don’t buy books, or perhaps they don’t have a sense of humor about the business. So that’s been somewhat of a dud from a sales perspective, although a hoot from a creative and acclaim perspective. Go figure.
My third, The Geronimo Breach, is also selling well, although it varies from white hot to so-so, depending upon pricing and promotions I’m running. Still, it’s gotten rave reviews, and is one of my favorites, and I have to give it a thumb’s up from a sales standpoint. That’s one I think will still have appeal a decade from now, so I’m confident it will earn its keep.
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NEWS: An interview with author Felicia Rodgers and yours truly on The Voynich Cypher.
UPDATE: New guest blog at Manic Readers on writing The Voynich Cypher. A good one.
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I’m not going to list all my books. Don’t worry. You didn’t come here for that. You came here because of the free stuff I routinely give away, and the nude photos, I know. What? There aren’t? Oh. Never mind then.
Self-publishing has turned into a truly awesome experience for me – far better than I’d ever hoped. I’m selling at a clip that I’d hoped to hit within three years of entering the market, not ten months. So that’s great. But it has also given me a chance to live my dream. No, not being a pole dancing male burlesque stud grinding for the drunk tourist women at Jalapenos – I just do that for the cash and the workout. And no, also not naked ice dancing, although that’s certainly my first love. What I’m speaking of is being an actual author who makes his living writing books.
I had sort of given up that dream after my only encounter with the whole NY traditional publishing game in another life. It just seemed like I was going to have to surrender all my control, and dance like a trained chimp to the beat of countless editors, agents, marketing consultants, etc. while making peanuts, if that. I don’t have the patience for doing things on other people’s timelines, which is why I’ve never been a good big company player.
When I first heard of success stories in self-publishing I was skeptical. Konrath, Locke, Hocking, Eisler… I don’t know. It sounded too good to be true. But after I bought my first kindle I got it. I understood why that simple device had changed publishing forever, as had Amazon. I saw the future; one where tens of millions of devices were voraciously devouring high quality content, and I realized that if I could create even an interstitial awareness of my writing, there might be a there there. So I went the OCD route, and committed to write as close to a million words by the end of 2011 as I could manage. I got pretty close. 12 releases. None I have to be ashamed of.
2012 I’ve slowed the pace, and have targeted releasing 6 to 8 novels, depending upon my mood and the muse’s availability. I’ve got two in the can, and have started the third, so hitting my goal isn’t going to be a problem, I don’t think.
2012′s first release, The Voynich Cypher, has been big so far, and I hope it continues to attract reader attention. The next one, Revenge of the Assassin, a sequel to King of Swords, will release end of April, and then another sequel to King will release end of May.
Because of self-publishing, I’m getting to make my living, in retirement, as an author, and doing so on my terms, at my pace, with my vision of what the work should be like, what the covers should portray, and what price the books should sell for. As a creative person, I can’t tell you how good that feels. Happiness is fleeting, and getting to do something I love and get fairly compensated for it, as well as connect with readers, defies description. It’s a rush. It makes everything seem worth doing. I recommend it highly.
For that opportunity, I’m grateful. And while I at times have a love/hate relationship with Amazon, without their visionary approach to self-publishing, I’d be relegated to laying around on the beach considering my navel. So for that, I owe them one.
As I owe those who have purchased my work, and then told a friend. Without readers, a writer isn’t very fulfilled. It’s readers that make the experience complete.
So for everyone out there who might be debating self-publishing, all I can say is that to date it’s the most rewarding decision of my life at a host of levels. I hope that continues, and would encourage you to take the plunge and give it a shot. The water’s warm, and the view is just fine. Although the hours can be brutal, and there’s no guarantee that you’ll walk away from it with much more than the glow of the experience. Much like life, that.
It’s almost the end of March, and I promised everyone following my self-publishing saga an update on how the month went.
Frankly, it surpassed all my expectations.
As of today, 5:00 p.m., 3/24, I have sold over 10,000 books in March. Those are paid copies, not free downloads. Free, I’ve seen north of 60K this month. One way to view it is a 20% ultimate ratio between paid and free – maybe a little higher, as I still have till the end of the month to see all the sales on the titles I went free with this month.
That’s a lot of books.
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NEWS: An interview with author Felicia Rodgers and yours truly on The Voynich Cypher.
UPDATE: New guest blog at Manic Readers on writing The Voynich Cypher. A good one.
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Why the big jump from January and February’s 3000 books per month? One reason is that on March 17, I released The Voynich Cypher, which sold over 3,000 copies in the first three days, and to date, has sold within kissing distance of 4000 copies. That was unexpected, and looks good to continue, if not strengthen moving into April. Feedback has been positive, so it looks to become one of my most popular titles. My personal feeling is that it could be my breakthrough book, but who the F knows anymore? Let’s just say it’s looking good so far.
I had a body blow, too, though. Zero Sum disappeared from Amazon for 24 hours, with no explanation, about a week ago, midway into a promotional push. Just vanished. The resulting loss of about 70 sales during that period was painful, but more painful was the drop in rank from 1480 to 3500. The momentum I’d built on it came to a crashing halt, through no fault of mine. There was never any explanation of what happened. To call that frustrating is to understate it in the extreme. It hasn’t recovered, which makes sense, as below #2000 rank it gets recommended based on the algorithms, but above that number it doesn’t.
This underscores that we indie authors are creatures of Amazon, whether we like it or not. They give, and can take away. Like a deity, they can be mercurial, or accidentally cause large, unintended consequences – perhaps those numbers don’t seem like the end of the world, but when one considers the additional incremental decreased sales (25 a day versus 70) it starts looking like hundreds of books. Ouch.
Still, all in all, I can’t complain, and am very fortunate that readers like my work enough to catapult my books to well over 10,000 books sold this month, so far. I would guess sales will ultimately wind up being more like 11K to 12K by the end of the month, but one never knows. Even if we pull out the 4000 Voynichs, that means that my existing titles jumped from 3000 to 7000-8000 by month’s end. My hunch is that I’m getting better visibility over time, and word of mouth is slowly spreading – remember that 99.99% of all readers have never heard of me. My job over the next few years is to change that, to the extent that it’s possible.
Loans increased to over a thousand, as of this writing. That number isn’t counted in my above 10K – those aren’t technically sales. But they do throw some cash to the bottom line, and I’m happy to report I won’t run out of tequila or diesel fuel this month. The number is actually lower than it would be, as I’ve had several books expire from KDP Select and haven’t re-upped them. King, Delphi, Angel, Night, all are out of the program, with only Voynich, Geronimo, Zero Sum, Fatal and Gazillions remaining in. ZS will exit next week at some point, and Fatal in a couple of weeks; then it will be down to only three in the program.
So that’s the roundup. I will do a year-end summary for those playing along at home, and while there are no guarantees, I think it’s safe to assume that barring a disaster, sales for the year could exceed 100K sold. I could probably double or triple that number by moving a few titles to .99, but I don’t want to do so. I believe the work is under-valued at a buck a book, and I won’t sell a title for that. I’d rather give ‘em away for free. Which is what I continue to do on Night of the Assassin, and The Delphi Chronicle Book 1. Although I am considering ending those free promotions in June or July, writing a bit more content for Night, and making it a paid title as well. I’ll be releasing the sequel to King of Swords, for which Night is the prequel, in late April – Revenge of the Assassin – so it might make sense to take Night paid at that point, as it starts to look like a real series then. I already have the idea for the next one – Return of the Assassin – so that’s a strategic play. Return will probably be my next book, while my head’s still in that groove.
Here’s the takeaway for indie authors:
1) I began doing this in June, 2011. I made $16.87 that first month. Sales exploded to $80 by August – after three months of nonstop marketing, writing, and releasing 2 more titles. It took till December to make $1460 that month, by which point I had released twelve titles, and promoted tirelessly. Now, ten months after my first book, Fatal Exchange, went live, things are moving. Obviously, it takes time, and hard work, and good quality product.
2) It is possible to make good money as a self-pubbed author – way more than I’d be making if I was trad pubbed with those kinds of sales numbers. So the landscape has changed. Obviously, if I sold millions via a good tradpub deal, that would eclipse my results to date, but nobody’s knocking with that deal, so it’s a moot point. As it is, I’m seeing roughly double income from what I’d see trad-pubbed per unit. That’s significant, and there’s no agent taking 15%.
3) Part of the secret, at least for me, has been building a substantial backlist to promote. So if you are writing, write more. More good books is like fishing – more lines in the water to snag the passing schools.
4) Write most of the time. I write about 12 hrs a day, and tweet and facebook maybe two to three. Be prepared to work hard for many months, or years. I still do, and plan to, as I understand that one good month does not a career make. Neither does one good year. That’s just how it is.
5) Treat your publishing like a business. That means invest in editing, proofreading and copy editing, as well as professional covers. Be sensitive to what’s working, and what isn’t. Be willing to adjust your prices to meet the market – this isn’t about ego, it’s about selling books. As an example, I believe Voynich is a $6+ book, but I have it priced at $3.33. Why? I want maximum readership and a relatively low barrier to entry. The price will increase over time, as it has with King of Swords, which is selling briskly at $5, but to maintain max sales at a fair return for the first phase of the Voynich Cypher launch, I slashed the price and have kept it slashed. And I’ve done one facelift on all my fiction covers since last year, and am in the midst of a second phase of improvement – it’s a visceral world, so putting forth something visually appealing is worth spending time and money on. On the editing front, I’ve added a copy editor and a proofreader to my normal editor, so three sets of eyes checking for errors. I still get them, but far fewer. In other words, I do what the trad pub houses do – I invest in quality control so my brand has integrity and consistent appeal.
Thanks to all the readers who are enjoying my books. It’s inspiring to see so many downloading and reading, and mostly, liking. A few hate me, but as always, they can bite me before returning to their apartment in their mom’s garage, or dressing their 14 cats in Christmas outfits, or waiting in sleeping bags for the next Twilight movie release. I’m not writing for them. I’m writing for those who get it. If you’re reading this blog, that is probably you.