Self-publishing Millionaire Author Signs With Macmillan
After selling more than a million self-published ebooks, Amanda Hocking is known as the “Kindle Millionaire”. Certain writers have really lost money when they compare their publishing house deals with self-publishing revenues. However Hocking, who has made about $2 million from self-publishing, recently signed a book deal with a publishing house for a $2 million advance.
How you can turn into a Kindle Millionaire
It was about a year ago when Amada Hocking started to self-publish her e-books to turn into the Kindle Millionaire. Her vampire romance potboilers have made her the best-selling independent author in the Amazon Kindle store. She has been selling about 100,000 electronic books every month for between 99 cents and $2.99. Amazon takes a 30 percent cut for every sale. She maintains high turnover by regularly cranking out fresh novels and novellas. The “Trylle Trilogy,” selling for $2.99 each, is one of Hocking’s most popular titles. The iBooks Store and Barnes and Noble Nook all have her book there too. Anything Hocking does takes lots of time, she workers harder than most.
Good news about self-publishing
It can be more of an advantage to self-publish than to have a traditional publisher do it for some. New York Times bestseller author, Barry Eisler, wrote Thriller. He said no to a $500,000 deal to publish his next book so he could do it himself. It can pay off more to self-publish, Joe Konrath claims on his blog. Konrath sells about 7,000 self-published e-books per month on Kindle. He makes about $1,700 a month on his top six titles which sell about 833 a month. His best selling e-book controlled by a traditional publisher has sold 2,631 downloads since 2004, earning him $2,200, or about $34 a month. Konrath gets $1.17 out of every sale of the electronic book while Amazon sells it for $4.69. Konrath sells his self-published e-books in much higher numbers on Amazon for $2.99 and makes $2.04. Konrath ends up losing money with the traditional publisher because it’s prices too high and doesn’t give back much.
Chances the Kindle Millionaire can make money hard copies
The Kindle Millionaire got Hocking quite a bit of attention. Subsidiary of Mac million, St. Martin’s Press, then signed her. In advance, she was paid $2 million. This was so they could have the rights to four of her vampire romance series books. Hocking has a blog where she said she just wanted more time to write. She didn’t want to have to deal with freelance editors, emails and covers. She’ll also benefit with a wider audience from traditional media outlets. But Kiri Blakeley at Forbes wondered if Hocking, who made it big by being fast and cheap, will translate to the paper and ink world. The $30 hard cover books might not sell all that well. This is especially true since many are used to her 99 cent electronic books.
Information from
Forbes
blogs.forbes.com/kiriblakeley/2011/03/24/kindle-millionaire-amanda-hocking-goes-traditional/
New York Times
mediadecoder.blogs.nytimes.com/2011/03/24/self-publisher-signs-four-book-deal-with-macmillan/
A Newbie’s Guide to Publishing
jakonrath.blogspot.com/2010/09/konrath-ebooks-sales-top-100k.html
Melville House Publishing
mhpbooks.com/mobylives/?p=29044
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Used How To Books for Your Business Needs by Victor Epand
There are a ton of books out there that will help you with your business and what you need to do with it. You might be asking yourself how to find them and why you should buy used books instead of the new ones that you see.
Those are some good questions and they have answers that come from places that you may not have even thought about. You can find used books for your business in many places and you might even be able to sell them back to where you got them. The best place to start is on the Internet.
When you go online to find your used books for your business, you will need to know what you are looking for and the information that you need to know. This can be something as just finding out how to do book keeping or how to work on the computer. When you are looking for your used books, you will have to be able to figure out what kind of information that you need and what you plan to do with it. Another good place to look for your used books is at your local bookstore. Many of them are now taking and selling used books as well as the new ones that you see all the time. This can make it a lot easier to find that certain used book that you are looking for.
The reasons behind getting used books are really very simple. You need help with a certain part of your business, but you want to keep your costs down. So, what you end up doing is getting a book that is a few months old and still has all the valuable information that you want and maybe even need for your business. You might even be able to sell the book back to the store after you have gotten the information that you needed from it in the end. This also will help with the costs that you might get into with your new books or even with the used books that you decide to get.
In the end it can be hard to know if you should get used books or if you want to get new ones, but with a little time and thought you might find the book that is right for you in the end.
Victor Epand is an expert consultant about used books, autographed books, and Vedic books. When shopping for books, we recommend only the best bookstores for used books, autographed books, and Vedic books.
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