Topic: the kindle effect

http://fortune.com/2016/12/30/amazon-ki … ublishing/

also published in this month's WIRED magazine.

i've been out of the loop for 18 months so most of this is new to me.

Re: the kindle effect

I am almost certain that I will do my own publishing of my book using KSP (Kindle Self-Publishing). It is pretty straightforward and lets you take charge of nearly all of the options available. KSP appears to be a boon for those who can't pony up the cash to get their works published by a firm.

~Tom

Re: the kindle effect

Terrific link.  You might send it to The Passive Guy.

4 (edited by Mariana Reuter 2017-01-10 12:41:13)

Re: the kindle effect

I'd like to highlight that those companies mentioned in the article that charge thousands for the different self-publishing services, are scammers. I've already self published and the amount I invested is not even close to what the article says those companies charge. Okay, my marketing effort has been little, but it's still to be seen what is those companies marketing proposal and if it's worth the stratospheric price they're charging.

Kiss,

Gacela

Re: the kindle effect

Are they a scam because they don't do what the promise, or because they are unnecessary?  If the latter, are there people who could benefit from them?

6 (edited by Mariana Reuter 2017-01-10 12:50:59)

Re: the kindle effect

Because they charge way over the actual cost of the services. The article mentions Girl Friday Productions charging from $10000 to $30000. My goodness! That's enough to start your own editorial house. She Writes Press charges $5200 plus 20% to 40% of the profit. It they have already charged $5200, why taking 20%  to 40% of the profit? They have invested nothing; they are not entitled to further profit.

Amazon takes 30% of the profit (the author's royalties are 70%), because self publishing with them is for free and they are entitled to charge for the platform's maintenance. But why should a company that has already charge you for the publishing process receive part of your money?

Kiss

Gacela

7 (edited by Mariana Reuter 2017-01-10 14:49:19)

Re: the kindle effect

Look, you can get a decent cover artwork for $40, and top masterpiece for $200.

While some authors on TNBW think a good author doesn't need an editor, and an excellent one not even a proofreader, I hired both for $400 (a 60000 words story, they charge by the word).

If you don't know how to format the ebook, you need to hire somebody. I did it myself, so I don't know the exact cost, but it's such a simple task it can't be over $50. Say, $100 to be on the safe side. Formating a print-on-demand book is as easy as.

And that's pretty much it. You're ready to self-publish. The marketing effort is another story. Advertising can be expensive, but I don't think the difference between less than $1000 and $10000 or $5200 goes to marketing. There's a separate thread in TNBW with marketing tricks and their cost, but nothing justifies the high prices mentioned in the article.

Generally speaking,based on what I've learnt from other sources, the article states true facts about the development of the self-publishing industry. However, it seems to me the author was paid to introduce the names of a coupla "agencies" in the article. Had he done enough research, he'd have found one of the reasons self-publishing has gone viral is because how affordable it is. That the author missed such an important point proves to me he/she wanted to advertise the said "agencies".

In the past, when only brick-and-mortar bookstores exists, printing, and distributing, physical books was so expensive self-publishing was a luxury few authors could afford. Nowadays, Kindle self-publishing is soooo very affordable anybody can--whether anybody can be successful is a matter of a separate thread.  I can't imagine a serious blogger missing such a fact .

Kiss,

Gacela

Re: the kindle effect

Mariana Reuter wrote:

Look, you can get a decent cover artwork for $40, and top masterpiece for $200.

While some authors on TNBW think a good author doesn't need an editor, and an excellent one not even a proofreader, I hired both for $400 (a 60000 words story, they charge by the word).

If you don't know how to format the ebook, you need to hire somebody. I did it myself, so I don't know the exact cost, but it's such a simple task it can't be over $50. Say, $100 to be on the safe side. Formating a print-on-demand book is as easy as.

And that's pretty much it. You're ready to self-publish. The marketing effort is another story. Advertising can be expensive, but I don't think the difference between less than $1000 and $10000 or $5200 goes to marketing. There's a separate thread in TNBW with marketing tricks and their cost, but nothing justifies the high prices mentioned in the article.

Generally speaking,based on what I've learnt from other sources, the article states true facts about the development of the self-publishing industry. However, it seems to me the author was paid to introduce the names of a coupla "agencies" in the article. Had he done enough research, he'd have found one of the reasons self-publishing has gone viral is because how affordable it is. That the author missed such an important point proves to me he/she wanted to advertise the said "agencies".

In the past, when only brick-and-mortar bookstores exists, printing, and distributing, physical books was so expensive self-publishing was a luxury few authors could afford. Nowadays, Kindle self-publishing is soooo very affordable anybody can--whether anybody can be successful is a matter of a separate thread.  I can't imagine a serious blogger missing such a fact .

Kiss,

Gacela

Agreed. Even if they were throwing thousands upon thousands at marketing on behalf of the author, it's not going to help if your book is not up to snuff, or they're marketing the wrong way. Before using marketing services, find out who their clients are and look up how their books are doing on Amazon and other retailers. You can easily weed out the scammers from the real deal. If you have the money to spend, I think it's better spent on marketing the book yourself rather than trusting an outside source to do it for you. After all, you know best what your interests and needs are. Your needs and interests are going to be secondary to another party.

I can format an ebook in about twenty minutes using Calibre. Formatting paperbacks for Createspace takes a bit longer because of the extra bits involved, but it can be done in a short time using Word. Any service charging anything but a nominal fee for formatting should be treated with wariness. I understand some people are technologically challenged when it comes to such things, but it's not rocket science, and any number of guides exist to walk you through the processes.

Re: the kindle effect

Being a quick study isn't necessarily a substitute for experience.  What do you say to giving the first book of a series to a well-recommended professional and doing subsequent books yourself, with the first book as a model?

10 (edited by Charles_F_Bell 2017-01-15 11:58:00)

Re: the kindle effect

njc wrote:

Are they a scam because they don't do what the promise, or because they are unnecessary?  If the latter, are there people who could benefit from them?

Without marketing, there is little difference between the old vanity press and the new except instead of printing up books and storing them in your garage, you eprint books and store them on a server, all unseen but by the author with his shattered dream. The days of thumbing through books to see for oneself is replaced with a few first pages or selected at random. It is impossible for me to judge that way for non-fiction, and for fiction there is a necessary judgment of the basis of style whereby a kitschy style is evident from the outset, but a subtle consistent style is not. Vulgar is marketable; tawdry sells, and others have to find their way into their markets even if interesting plot and characters also sell. Oh, and what a bad idea for an author, except  for porn, to sell by the page. Kindle Unlimited used to pay the author the whole royalty if 10% of the book was read, and now it pays according to any large or small portion read. Never assume any publisher traditional or digital ever once has the interests of the author:

https://www.writtenwordmedia.com/2016/0 … unlimited/

it is easy to see why many authors were upset by the change to pay per page. Before KU, if you wrote a 150 page eBook, and priced it at $2.99 you would make $2.09 (after Amazon’s 30% royalty) off of a sale of that book and you would realize that revenue as soon as a reader downloaded the book. Under KU, that same book nets you $0.75, and that is only once a reader completes the entire book, which may happen within 24 hours or 6 months of the reader borrowing the book. Additionally, as an author you do not know what the payout per page will be until the following month, so it’s hard to determine what the max. value of your book in KU is in any given month.

... but the advantage of KU or Lending Library is that there is an implicit Amazon marketing for the book. However, the possible difference between $2.09 and $0.75 a book means that marketing is not free and reaches the level of a scam because neither the author nor reader, really, is served well. Once a reader has read past the first 10% of a book, he may judge a book, except for some literary fiction, perhaps, but having read 11% or 85% does not mean he has read the book and could be incentivized, if bound to pay the full price, to read it to the end, if $2.99 over $0.32 (11%) means much. There is all along a fundamental problem of pricing ebooks too low even when discounting for the fact that the book does not incur the cost of paper printing. The author should always be given a high fraction of the price for an ebook that involves no more than the cost of standing overhead for the ebook-server merchant.

11 (edited by Nicholas Andrews 2017-01-15 18:43:27)

Re: the kindle effect

Kindle Unlimited used to pay the author the whole royalty if 10% of the book was read, and now it pays according to any large or small portion read.

This change was in response to all the scammer "authors" who would publish very short works that were in the 4-10 page range that were often nothing more than short how-tos with basic information that doesn't really tell you anything or "scamlets" that just had info on a subject copied from Wikipedia. If you tricked a reader into downloading and opening such a short book, it immediately registered as 10% read and the author would get the full royalty. Which was not fair to legitimate authors in KU. It was incentivizing not only scammers, but real authors to flood the program with shorter works, since it required less for the reader to reach that 10% mark, rather than full novels, which is what KU was marketed toward. It was undermining the purpose and credibility of their entire program.

However, the possible difference between $2.09 and $0.75 a book means that marketing is not free and reaches the level of a scam because neither the author nor reader, really, is served well.

Amazon has always been upfront about how their payouts are determined, and a little research on the part of an author considering putting their books in the program will show that the payout every month has consistently been in the $.0045-0.0055 per page range since the revamped KU began. KU is not required to publish on Amazon, you can withdraw after 90 days, and it's up to the individual author if they think they can profit more from the program than from going wide across other vendors. It's hardly any kind of scam.

I never found KU to be all that beneficial to me when I was in it. They certainly weren't doing anything to market my books. The author doing what they need to do to make their books visible without the backing of a publisher or retailer is what self-publishing is all about. Like with the tactic of offering the first book in a series free, many put their first book in KU as a loss leader to draw in readers and funnel them into purchasing the following books in the series. It's all in how you use the tools at your disposal.

Re: the kindle effect

njc wrote:

Being a quick study isn't necessarily a substitute for experience.  What do you say to giving the first book of a series to a well-recommended professional and doing subsequent books yourself, with the first book as a model?

If you have the money to spend, go for it. But after you learn how to format the subsequent books, you'll be wondering why you gave that money to someone else to do it in the first place.

There was a great blog post from an author named Kate Elle who made a very simple to use guide on how to make a clean ebook file using Word and Calibre. It's what I've always used as a model when making my ebooks. Unfortunately, she seems to have dropped off the face of the earth for a number of years and her website is now gone. Hopefully one day I'll get off my butt and make my own guide for new authors.

Re: the kindle effect

Nicholas Andrews wrote:

Kindle Unlimited used to pay the author the whole royalty if 10% of the book was read, and now it pays according to any large or small portion read.

This change was in response to all the scammer "authors" who would publish very short works that were in the 4-10 page range that were often nothing more than short how-tos with basic information that doesn't really tell you anything or "scamlets" that just had info on a subject copied from Wikipedia.

All the more reason there is a purpose served for the buyer-reader by the traditional publisher rather than a blind ebook publisher-merchant. In point of fact, I have seen the general scam of "legitimate" how-to books become epidemic on Kindle, so I seriously doubt there is any honest attempt by Amazon against that, per se. Wikipedia itself should be approached with caution, even disregarded entirely, especially on controversial subjects and persons. I cannot find any way to buy a nonfiction book through Kindle that works for me, but with fiction, at least, you know it is fiction, but even the presumption that a longer novel is a better, more expensive (through KU) book gets on my nerve in the same way there have been many short stories superior to typical novels but hard-to-find for the reader and unprofitable for the writer.  I'd give the same price in the under $10 range for a new-generation Ray Bradbury short-story than that crud The Martian. You can get a 100 Kindle RB stories for $10, but that is a royalty-fraction (10%?) of 10 cents = 1 cent per story to RB.

Re: the kindle effect

Nicholas Andrews wrote:
njc wrote:

Being a quick study isn't necessarily a substitute for experience.  What do you say to giving the first book of a series to a well-recommended professional and doing subsequent books yourself, with the first book as a model?

If you have the money to spend, go for it. But after you learn how to format the subsequent books, you'll be wondering why you gave that money to someone else to do it in the first place.

There was a great blog post from an author named Kate Elle who made a very simple to use guide on how to make a clean ebook file using Word and Calibre. It's what I've always used as a model when making my ebooks. Unfortunately, she seems to have dropped off the face of the earth for a number of years and her website is now gone. Hopefully one day I'll get off my butt and make my own guide for new authors.

Calibre is self-evident. It's creating the input HTML document from Word that can be difficult.  You do not even have to make the ebook to upload to Amazon but rather that HTML document to Amazon specs. And then there's the cover art which not only takes computer skills not having anything to do with artistic talent but also a sense of what will sell the book.

Re: the kindle effect

Charles_F_Bell wrote:

Calibre is self-evident. It's creating the input HTML document from Word that can be difficult.  You do not even have to make the ebook to upload to Amazon but rather that HTML document to Amazon specs. And then there's the cover art which not only takes computer skills not having anything to do with artistic talent but also a sense of what will sell the book.

It's not difficult at all. There are a few more steps to take in Word to get rid of all the junk it puts in the files, but I can take a simple Word document and turn it into an ebook in about twenty minutes. A non-fiction book with a lot of tables and charts may take some more time, but a fiction book that just has text, chapter headings and maybe a couple of pictures is quite simple once you've practiced a couple of times.

Re: the kindle effect

Charles_F_Bell wrote:

You can get a 100 Kindle RB stories for $10, but that is a royalty-fraction (10%?) of 10 cents = 1 cent per story to RB.

I looked up a Ray Bradbury collection on Amazon, and the ebook does not appear to be in KU. Being traditionally published, he does not likely have the same royalty split that self-publishers have with Amazon. But assuming he (or his publisher) did, he would be getting $7 out of that $10 purchase as his royalty. KU rates only apply to books borrowed through that program. Books can still be purchased through the regular store, where a self-published author gets 70% of royalties on books priced between $2.99 and $9.99.

17 (edited by max keanu 2017-01-17 21:40:10)

Re: the kindle effect

obviously I hit a K  nerve here. thanks to all for this valuable information!

Re: the kindle effect

Nicholas Andrews wrote:
Charles_F_Bell wrote:

You can get a 100 Kindle RB stories for $10, but that is a royalty-fraction (10%?) of 10 cents = 1 cent per story to RB.

I looked up a Ray Bradbury collection on Amazon, and the ebook does not appear to be in KU. Being traditionally published, he does not likely have the same royalty split that self-publishers have with Amazon. But assuming he (or his publisher) did, he would be getting $7 out of that $10 purchase as his royalty. KU rates only apply to books borrowed through that program. Books can still be purchased through the regular store, where a self-published author gets 70% of royalties on books priced between $2.99 and $9.99.

I made the Bradbury example to illustrate a point on the cheapness of some short stories that word-for-word are often more valuable than most novels and on how there is still an element of unfairness of charging per page than on whole content. Even under a modern Kindle contract, Bradbury would net before taxes 7 cents per story.

Re: the kindle effect

njc wrote:

Being a quick study isn't necessarily a substitute for experience.  What do you say to giving the first book of a series to a well-recommended professional and doing subsequent books yourself, with the first book as a model?

Someone brought up a point on another forum on this topic today, and I hadn't thought about it this way, but it rings true. If it's your first book, you'll probably want to learn how to format it yourself. The reason being is that you are going to want to make changes, whether it's adding more books to your catalog list in the future, or updating web links as they can change over time, or whatever. If you don't know how to do it yourself, your time is at the mercy of a freelancer. And your money too, as you'll have to pay them to make the changes for you.

One way you can get a clean epub version of your book that will pass validation at all the major retailers is to sign up at Draft2Digital.com. They're particularly an aggregator site that uploads your book to the non-Amazon bookstores and gives you a way to track your sales on one site rather than each individual one in exchange for 10% of the retail price you set. But they also have an easy-to-use converter where you can upload your Word file and it will automatically convert it to a clean epub file and even creates a table of contents for you. Even if you don't want to publish through them, you can still upload your book and download the epub before you get to the publishing stage of the process. I believe NookPress does this as well, though since I do use D2D I don't go through them anymore.

Re: the kindle effect

So I still haven't written my own guide for formatting an ebook, but I did find the archived page detailing the method I use. Courtesy of Kate Elle: 

https://web.archive.org/web/20141128113 … com/?p=114