I believe that, even if I make a million dollars off my writing, I still won't think that I'll have "made it".
At first, I thought, "When I'm published, then I will have made it."
Well, self publishing was a little easier than taking the traditional route of finding a publisher, so when I did self-publish, I told myself, "Nah, I can't count that. That was too easy. Maybe when I make some money, then I can say I've made it."
But how much money does one have to make before they make "it"? I made $120 so far, others have made far more. But I made money, didn't I?
Nobody knows my name - at least, the general population doesn't know my name. Do I have to become semi-famous before I "make it"?
Does somebody have to recognize me in the store?
(Good luck with that one - nobody knows what I look like!)
Does somebody from Hollywood have to offer me some kind of movie deal?
Where does it all end?
Showing posts with label money. Show all posts
Showing posts with label money. Show all posts
Monday, April 9, 2012
Sunday, February 26, 2012
Self-Published Authors: Why are You Paying for these Services?
The thing about self-publishing, something I really like, is that it's very DIY. You're in control of everything. You get to make your own cover (or not), you edit and format it (or not), and you're in charge of all your own promotion (or not).
So then, why the (or not)'s?
Some people (like me, in many ways) are just writers. They write a story, edit it, it's finished...and then what? Just a few years ago, if you had just completed a 80,000 word novel, your options were pretty much either to write to agents and editors asking for representation, or store it in the back of your closet and/or hard drive and write another book. Self publishing at this point was more or less a joke - an option, sure, but it was highly unlikely you were ever going to successfully sell any copies.
Now, though, that third "self publishing" option has opened up, and many authors, both new and experienced, are taking advantage. Many previously traditionally published authors have even switched over to 100% self-publishing, because they can often make more with a 70% royalty option over something like 8%.
But a trend that I'm witnessing, and am not in favor of, is new authors throwing their money away on things that are perfectly reasonable to do for free.
Granted, before I receive death threats and a downvote brigade, I do want to point out some things that, in my opinion, are somewhat reasonable to pay for.
So then, why the (or not)'s?
Some people (like me, in many ways) are just writers. They write a story, edit it, it's finished...and then what? Just a few years ago, if you had just completed a 80,000 word novel, your options were pretty much either to write to agents and editors asking for representation, or store it in the back of your closet and/or hard drive and write another book. Self publishing at this point was more or less a joke - an option, sure, but it was highly unlikely you were ever going to successfully sell any copies.
Now, though, that third "self publishing" option has opened up, and many authors, both new and experienced, are taking advantage. Many previously traditionally published authors have even switched over to 100% self-publishing, because they can often make more with a 70% royalty option over something like 8%.
But a trend that I'm witnessing, and am not in favor of, is new authors throwing their money away on things that are perfectly reasonable to do for free.
Granted, before I receive death threats and a downvote brigade, I do want to point out some things that, in my opinion, are somewhat reasonable to pay for.
- Cover Art - I have seen some wonderful cover art that authors have commissioned others to design. I did not do this, because in my opinion, it wasn't worth spending money on a cover, when I wasn't sure I was going to make it back. Although, I have seen cases where a designer just purchases some cover art, crops it a bit, and adds a title. (More on this later.)
- Stock photos - This can be lumped in with "Cover Art", because I know a lot of authors purchase stock photos for their covers. This is perfectly reasonable, and I plan on doing exactly this for when I release "The Night Life" - I even already have a few in mine (there's a girl who looks very close to how I imagine Tanya Roberts, one of my main characters!). This is especially useful when you're writing about something from say, the 1800's.
- Editors - I am still wary on this one; I do believe that every author should try and proofread their own work; however, an editor might be worth the money for some people.
- Advertisements: This one is more of a "maybe", but if you find a popular website willing to host an advertisement for a day (and hopefully not a pay-per-click ad), there may be value in this.
That said, I do not think new authors, especially ones without at least a few titles under their belt, should really be paying for most of these services, save for some stock photos for their cover art. I think authors that over-promote one book are mostly ridiculous - I want to slap most of them and ask if they're even working on another book (because the time some of these people put into their single title is just too much!).
Not to mention the things I've seen people pay for - most of it could easily be done yourself, for free. Such things include:
- Bad Cover Art Designers - I once saw a case where the designer herself just purchased some cover art, cropped it, and added a title. And the portion of the image they cropped was so small that the cover was blurry. What?
- Blog Tours - Some companies, for the low low price of $99, will set up "blog tours" for you. But, why not just email some bloggers yourself and ask, "Hey, would you mind if I did a guest post?" You may have to email a lot of bloggers, depending on what you;re aiming for, but it's much better than spending $100 for somebody else to do the same thing.
- Ebook Formatting - I really don't understand this one. By the time I published Family History: Part 2, the formatting took me maybe an hour (and that was just because I needed to go back through and reformat all the chapter heads).
- Setting up a Facebook Fan Page - I recently saw the blog post of somebody who paid a company to set up her Facebook Fan Page. Again, you can do this yourself in a few minutes, and you don't even have to pay anybody. In this case, this particular author had even set up another Facebook page for herself for one of her books. What? You can do one Facebook page, but two is just too many?
- Reviews - Admittedly, I haven't actually run into this one personally, though I have heard stories of people who pay others to review their books for them.
That's all I can think of at the moment, though I know there's plenty more out there.
Please, people, stop paying for some of these services. How you're willing to shell out this much money, to sell a few extra copies of a $2.99 book, is beyond me.
Wednesday, February 15, 2012
January Sales Reports
Today is February 15th, which means that I was granted the privileged of seeing my first monthly sales report. Hooray! And...tl;dr: I'm not a millionaire. But that's okay, because Family History: Part 1 was only published on January 4th, 2012. It would actually be pretty silly to expect to make that much money off a single $2.99 title in less than a month.
Now, for some actual statistics...
Total Amount Earned in Amazon US: $29.30
Total Amount Earned in Amazon UK: £9.94 (~ $15.58)
Total Earned in January 2012: ~$44.88
Many of you are probably thinking, "That's not very much at all!" But again, keep in mind that these numbers represent totals from less than a month of publication. Additionally, it is worth noting that, at the moment, I am exclusively published on Amazon. I'm not planning on continuing this exclusivity deal, though that is another post for another time.
Now, allow me to do a quick-and-dirty breakdown by title.
Family History: Part 1; US
Now, for some actual statistics...
Total Amount Earned in Amazon US: $29.30
Total Amount Earned in Amazon UK: £9.94 (~ $15.58)
Total Earned in January 2012: ~$44.88
Many of you are probably thinking, "That's not very much at all!" But again, keep in mind that these numbers represent totals from less than a month of publication. Additionally, it is worth noting that, at the moment, I am exclusively published on Amazon. I'm not planning on continuing this exclusivity deal, though that is another post for another time.
Now, allow me to do a quick-and-dirty breakdown by title.
Family History: Part 1; US
- 5 Units Sold at 70% Royalty: $13.00
- 1 Unit Borrowed: $1.60
- 331 Units Downloaded Free
Family History: Part 1; UK
- 4 Units Sold at 70% Royalty: £7.04 (~$11.04)
- 88 Units Downloaded Free
The Dowry; US
- 11 Units Sold at 70% Royalty; 4 Units Returned: $14.35
- 867 Units Downloaded Free
The Dowry; UK
- 2 Units Sold at 70% Royalty: £2.64 (~$4.14)
- 111 Units Downloaded Free
Family History: Part 2; US
- 188 Units Downloaded Free
Family History: Part 2; UK
- 47 Units Downloaded Free
The Night Life: Chapter 1; US
- 1 Unit Sold at 35% Royalty: $0.35
- 138 Units Downloaded Free
The Night Life: Chapter 1; UK
- 2 Units Sold at 35% Royalty; 1 Unit Returned: £0.26 (~$0.40)
- 33 Units Downloaded Free
Granted, it must be noted that KDP sent out a mass email tonight about sales reports not all being correct. From what I understand, the amount of money I earned this month should be correct, though I do believe there might be a few free downloads missing. However, for those who are in the loop who are thinking, "So why is it that YOUR sales reports are correct?", I figured I might as well throw in this little addendum to calm your nerves.
What I'm Expecting
- I honestly think the fact that I got any sales at all this month was somewhat of a fluke. I'm not expecting these numbers again, at least not for awhile.
- However, since I have recently received two reviews for Family History: Part 1, I am hoping that I somehow see a jump in sales because of this.
- In terms of sales, I'm expecting to maybe average around $20 total, between the US and UK, per month. Maybe. (Like I said, I strongly believe that this prior month was merely a fluke.)
What I'm Hoping For...
- Most Importantly: I'm hoping to have The Night Life up for sale sometime around August.
- I would be tickled if it became my best-selling novel. Of all of them, I believe this one deserves it the most.
- Money-Wise: I want to earn enough money from my writing that I can order a load of $100 bills, just so that I can fill a large room with said money and throw money all over myself while screaming, "I'm rich! I'm riiiich!" Realistically of course, I don't ever see this happening. :)
Thursday, February 9, 2012
On Dreams Coming True.
I've mentioned in a few places that I've wanted to become an author since I was about six years old. Considering most childhood dreams seem to die at some point, either because they're too unrealistic ("I want to be just like Batman!") or not glamours like they are on TV ("I want to be a police officer!"), I find this to be somewhat of an amazing feat.
Even though I didn't go through the whole process of querying agents and publishers on my lovely masterpiece, this is, in some sense, a "dream come true". Why? Because people have purchased - yes, they've paid money! - for something that I wrote.
Yesterday, I jumped for joy as I saw that I had sold seven ebooks - 3 copies of The Dowry and four copies of Family History: Part 1. Considering both are currently up now for $2.99, that means that I made about ~$14 yesterday. It won't pay the rent or anything, but that's $14 more than I made then when those same novels were sitting idly in my hard drive.
Around this time last year, some friends of mine happened to run across some photography I've done. Truthfully, I scoffed at the idea, because I honestly could not think of a reason somebody would actually pay for photographs I've done, especially when I'm so willing to put them up here for free. Hell, I have an entire DeviantArt profile full of stuff I took just for fun that's free to view. To this day, it still seems silly to go out and attempt to sell these photos for anything more than free.
Truthfully, though, if they had told me the same thing about my writing, I probably still would have scoffed. One year ago, even though so many people were doing it, I still would have laughed at the idea, because who would want to pay for my work? My words? Impossible!
Yet sometime in mid-November, I was browsing Reddit's r/writing and came across this post by a man under the throwaway username "Throwaway_Writer". Basically, the entire post briefly mentions that he made $1000 in a single day - all from writing.
And suddenly, profiting off the novels that had been sitting in my hard drive for nearly two years didn't seem so impossible.
I started asking questions; first on that thread, then on others. I began scouring r/writing. I remember that I had previously dedicated this day to my studies, though all of that was quickly thrown out the window as I found myself focusing more on these "dreams" I had so badly wanted to achieve for so long. I had long ago decided that I was not going to traditionally publish either Family History or The Dowry, so it's not like I had that tying me down in any way. Honestly, neither of them were ever going to get picked up by publishers, except for maybe The Dowry - though even that would have required a lot of work.
I actually divided Family History into two at the suggestion of throwaway_writer himself, who actually had suggested dividing it into three and selling them for either $2.99 each or $0.99 for the first and $3.99 for the rest. Two, of course, was a more natural division for the story.
That day, I settled on a "publish-by" date of January 1st, though I actually didn't meet that since boyfriend and I had decided to take a road trip that began on the 28th of December. Though I did do a few things; I started this blog on December 1st, began tinkering with covers, and did some editing on Family History, which included the separation of the two stories. Despite everything, I did end up putting Family History up for sale up on Amazon by January 4th, which coincidentally, was also the 3rd anniversary of boyfriend and I being together.
So far, though, nothing's glamorous. I'm not running around the country talking to Oprah and signing the breasts of fan girls (because all girls want their favorite female authors to sign their breasts). Believe it or not, I've got a couple of guest posts coming up this weekend, which might do something for sales, though I'm not hopeful. I've also got a twitter account - again, that's got to count for something, no?
Yet despite the lack of glamour, the pitiful sales numbers, and everything else, I do have this: I'm able to cross "Get Published" off that ol' bucket list. Cheers to all the ambitious authors who've been able to do the same.
Even though I didn't go through the whole process of querying agents and publishers on my lovely masterpiece, this is, in some sense, a "dream come true". Why? Because people have purchased - yes, they've paid money! - for something that I wrote.
Yesterday, I jumped for joy as I saw that I had sold seven ebooks - 3 copies of The Dowry and four copies of Family History: Part 1. Considering both are currently up now for $2.99, that means that I made about ~$14 yesterday. It won't pay the rent or anything, but that's $14 more than I made then when those same novels were sitting idly in my hard drive.
Around this time last year, some friends of mine happened to run across some photography I've done. Truthfully, I scoffed at the idea, because I honestly could not think of a reason somebody would actually pay for photographs I've done, especially when I'm so willing to put them up here for free. Hell, I have an entire DeviantArt profile full of stuff I took just for fun that's free to view. To this day, it still seems silly to go out and attempt to sell these photos for anything more than free.
Truthfully, though, if they had told me the same thing about my writing, I probably still would have scoffed. One year ago, even though so many people were doing it, I still would have laughed at the idea, because who would want to pay for my work? My words? Impossible!
Yet sometime in mid-November, I was browsing Reddit's r/writing and came across this post by a man under the throwaway username "Throwaway_Writer". Basically, the entire post briefly mentions that he made $1000 in a single day - all from writing.
And suddenly, profiting off the novels that had been sitting in my hard drive for nearly two years didn't seem so impossible.
I started asking questions; first on that thread, then on others. I began scouring r/writing. I remember that I had previously dedicated this day to my studies, though all of that was quickly thrown out the window as I found myself focusing more on these "dreams" I had so badly wanted to achieve for so long. I had long ago decided that I was not going to traditionally publish either Family History or The Dowry, so it's not like I had that tying me down in any way. Honestly, neither of them were ever going to get picked up by publishers, except for maybe The Dowry - though even that would have required a lot of work.
I actually divided Family History into two at the suggestion of throwaway_writer himself, who actually had suggested dividing it into three and selling them for either $2.99 each or $0.99 for the first and $3.99 for the rest. Two, of course, was a more natural division for the story.
That day, I settled on a "publish-by" date of January 1st, though I actually didn't meet that since boyfriend and I had decided to take a road trip that began on the 28th of December. Though I did do a few things; I started this blog on December 1st, began tinkering with covers, and did some editing on Family History, which included the separation of the two stories. Despite everything, I did end up putting Family History up for sale up on Amazon by January 4th, which coincidentally, was also the 3rd anniversary of boyfriend and I being together.
So far, though, nothing's glamorous. I'm not running around the country talking to Oprah and signing the breasts of fan girls (because all girls want their favorite female authors to sign their breasts). Believe it or not, I've got a couple of guest posts coming up this weekend, which might do something for sales, though I'm not hopeful. I've also got a twitter account - again, that's got to count for something, no?
Yet despite the lack of glamour, the pitiful sales numbers, and everything else, I do have this: I'm able to cross "Get Published" off that ol' bucket list. Cheers to all the ambitious authors who've been able to do the same.
Sunday, January 15, 2012
$25.31
Hooray for success!
Since January 4th, 2012, I've made $25.31 off "The Dowry" and "Family History".
Come on, you know you're insanely jealous of my immediate success.
That's more than 10% of my rent for the month, after all.
Or, it could be a meal or two from a Chinese Takeout place for Boyfriend and I.
Or, it could almost pay the gas bill for last month.
Yeah, you know it. I'm a success.
Since January 4th, 2012, I've made $25.31 off "The Dowry" and "Family History".
Come on, you know you're insanely jealous of my immediate success.
That's more than 10% of my rent for the month, after all.
Or, it could be a meal or two from a Chinese Takeout place for Boyfriend and I.
Or, it could almost pay the gas bill for last month.
Yeah, you know it. I'm a success.
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