Very helpful list to help self-published authors. It seems to be a popular list, because it’s being reblogged a lot recently. And it was written in May. Anyway, check it out, because it’s a good list.
Here’s another very detailed overview of Kindle Unlimited’s recent trends by Chris McMullen. It’s worth a read. I’m considering Kindle Unlimited for my solar system series of short stories when I write them. But who knows if KU will be around then? I’m interested in seeing how it goes over the next year.
Historically, Amazon Prime borrows paid around $2 per borrow through KDP Select until the introduction of Kindle Unlimited.
The KOLL global fund has paid less for Amazon Prime borrows and Kindle Unlimited downloads read to 10% since the debut of Kindle Unlimited in July, 2014.
The most recent KOLL payout of $1.33 for October, 2014 shows a significant downward trend:
- $2.00 or thereabouts prior to July, 2014
- $1.81 for July, 2014
- $1.54 for August, 2014
- $1.52 for September, 2014
- $1.33 for October, 2014
$1.33 is a significant drop for KOLL payments.
Books with a list price of $2.99 or higher earn royalties of $2 and up for sales (using the 70% royalty option, assuming a negligible delivery cost).
In the past, KOLL borrows have paid close to the royalty for the purchase of a $2.99 book.
But $1.33 is 33% less than the 70% royalty on a $2.99…
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For those of you who don’t know what you’re doing with self-publishing, I found a blog post that is very useful. In fact, it goes through what this person did to do everything. No paid help. All free resources. Most of the help comes in the form of eBooks, but that’s perfectly fine. What’s another book to read? Check it out.
When I first decided to self-publish my books I had no intention of doing every little thing myself. I planned on paying for editing and formatting, and buying my cover designs. I had a rude awakening when I discovered that living in Zimbabwe, as I was at the time, meant that I had no access to PayPal, who sanction that country, and from what I could see back then, that was the only way to pay.
I had page numbers, headers and footers, indents and lots of other fancy bits and pieces in my original manuscript and no clue as to what formatting even meant. Seeing other writer’s beautiful covers all over, my heart sank because I knew that I could never create such things. It was the most frustrating feeling in the world until I discovered a few free resources that meant I could do it all myself. None…
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Very interesting. Seems Kindle Unlimited actually is increasing author income. Thanks to Hugh Howey for a lot of investigation into this. I strongly urge you to read this if you’re thinking about KU.
This has been a busy week. I was reading a post by Chris McMullen on Kindle Unlimited and the effect it has on rank. The next day, I came across Hugh Howey’s latest Author Earnings Report (October 2014), and a couple of interesting posts by Publishing Perspectives and Savvy Writers. As always, the publishing industry is in a state of flux, making self publishing a bit like trying to score a goal on an uneven field. Filled with shifting sand. And moving goal posts. Oh, did I mention we’re using a Rubic’s cube for a ball?
So, what have I learned from all that?
First, Some Numbers
The total number of books in print hit 28 million worldwide in 2013 , as calculated by all the titles that acquired ISBNs. In the United States, some 390,000 ISBNs were taken by the self-published authors, while approximately 300,000 were solicited…
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I just have to reblog this. For anyone that needs an editor, here are some good suggestions, even if you can’t afford to pay much for one. There are options!
Here’s a followup on a previous reblog I did about Kindle Unlimited. This time, an estimate of the actual pay that authors will receive. It’s quite comprehensive, and well-worth the read. Thanks for the information, Chris!
What Will Kindle Unlimited Pay?
We won’t find out for sure until a couple of weeks into July.
In the meantime, the best we can do is make predictions based on what limited data we do have.
When July, 2014 began, the KDP Select Global Fund was $1.2 million. This was to be distributed among Amazon Prime borrows of KDP Select books in the US and UK.
Prior to the introduction of Kindle Unlimited, Amazon typically paid approximately $2 per Amazon Prime borrow.
Kindle Unlimited was introduced a little over halfway through the month of July. $800,000 was added to the KDP Select Global Fund, bringing the total fund to $2 million.
A big factor will be that customers can download several Kindle e-books through Kindle Unlimited, whereas Amazon Prime customers can only borrow one book per month.
Thus, the total number of downloads/borrows can be expected to be much…
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This list may be useful for some of you. Need an agent? This is only for the east coast of North America, mostly USA.
My Gift to you painted in a red bow!
I know that this blog is very long, but I hope that it will help writers. I am ALL for helping any writer. As someone who is seeking an agent, I know others will benefit, too. This was given to me by another writer and I am passing it on. I hope that someone’s agent is in this list! Good luck and best of all, keep writing! This is the list for the EAST COAST!
Signatory Agency List
250 Hudson Street, New York, NY 10013, (212) 767-7837
Before sending a completed script: We suggest that the individual first write or telephone the agency, detail your professional and/or academic credentials and briefly describe the nature of the material you desire to submit. The agency will then advise the individual whether it is interested in receiving the material with a view…
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This needs to be read by anyone who self-publishes their own books. This website has been pirating eBooks and offering them for free. Others have commented that some of the downloads scream viruses or malware. If you report your book on this website, it’s likely they will block your IP and you won’t be able to access them anymore. Anyway, check out this post. And share it!
I would like to share a letter sent to me by a fellow independent author, who wishes to remain anonymous, about a website claiming to be promoting independent authors, when in reality it appears that they are offering free downloads of the work of dozens of us.
If you are an author, independent or otherwise, I urge you to read this letter and investigate the site yourself. Find out if your work is posted there and take appropriate action to have it removed, or, at the very least, make sure you are willing to grant permission to the site owners to list your work.
Making money as an independent author is difficult enough without pirating sites giving our work away under false pretenses AND without our permission.
Please share, tweet or reblog this post in order to spread the word through the independent author community and, hopefully, put some pressure…
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Got some fiction that you’ve already published online or in a blog? Well, here’s a list of magazines that will accept submissions that were published online already.
Because I’m a newbie original fiction writer (been in fanfic for 5 years), I didn’t realize by publishing my short stories on the internet it’s much more difficult to get it published in a literary magazine. I spent the past two days combing the internet for literary magazines that would accept blog-published stories. I thought it would be easiest if I separate these journals by categories. Also, since I primarily made this list for myself, it focuses on literary fiction but I included some sci-fi/fantasy which I will denote with ^^^. Some of these also accept poetry, non-fiction, essays, genre fiction, etc. Some accept anything. Other want you to write stories with a specified theme. You just have to read the guidelines carefully.
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This is a very thorough look at how Kindle Unlimited could help book sales, or even hurt them. Check out this post by Chris McMullen. I think it’s very useful and makes you think if you’re an indie author.
For $9.99 per month, customers can check out up to 10 Kindle e-books from an extensive library of 600,000 titles at Amazon. All books enrolled in KDP Select are participating (plus 100,000 others from mostly small presses). Authors will receive royalties in the form of KDP Select borrows. The July, 2014 KDP Global Fund has been increased to $2,000,000. You can read more about Kindle Unlimited by clicking here.
Authors need to decide whether to opt in or opt out of KDP Select. The big question to ask is whether or not participation in Kindle Unlimited will improve the book’s sales.
Obviously, some books will thrive in this program, others will not. The difficult question is predicting how your book will do. I will discuss the pros and cons of Kindle Unlimited by focusing on how it could improve sales, and then I will discuss the…
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