Welcome back, good people of the blogosphere! I'd say happy Friday, but it's been a challenging day so far. Today, I'm going to show SO many of you a side of Indie publishing you may not be aware of and what the current economy has done. I invite you all to join me on this adventure with your warm coffee and sunscreen, because it's HOT outside, and I don't want you getting skin issues. Now, let's dive RIGHT on in.
This should piss EVERYONE off. My issue: I have several books that I make very little on when they sell in print. Here's MY list, but I also have some printed through a different account (one of the other collaborators). I'm sure she hasn't logged in recently, so she probably knows nothing about it.
Right now, let's focus on The Indie Author's Guide. That book is currently listed at $2.99 for an ebook and $6.99 for a paperback.When I sell an ebook, I make $2.07. Delivery costs are low because the book is small (around three cents), and I get 70% of the profit. Now, when I sell a paperback priced at $6.99, I make $0.50 as of today. That's right, FIFTY CENTS. I kept that number small to keep the cost for other authors LOW. Most people want the print book because you can write in it. Today, I log in and see this:
So either I raise my price for YOU, or I make nothing. How is this okay? As you can see, the book is only 54 pages, because I wanted to keep the fluff to a minimum and sell you a book you can actually use that has relevant information in it that doesn't cost you a ton of money.My at-cost price has also increased, so I'd have to charge $5 minimum in person just to recoup what I paid to have the book printed and shipped to me.
You don't see them on the list because they're not published under me, but this will also impact the War and Pieces ~ Frayed Fairy Tale series books. Those are also priced as low as possible so you guys don't have to spend so much to get a copy with pretty artwork that I literally spent MONTHS on creating.
So, my solution is: You can just get the information FREE right here on the blog. Yep, that's right, we'll bypass the Zon completely, and I'll post each section of the book here for you to read as you wish. I'm already giving it away after June 10th, so why not?
If you guys can't tell, I'm angry. Grr.
I feel like I need to buy at least one copy of each book just so it doesn't cost ME an arm and a leg to shelve them in my own library (which I haven't done yet). I keep giving them to friends. I know. Don't lecture me.
Readers should be pissed, too. After all, when we start losing money, we have to raise prices or not get paid for our craft. That falls on y'all.
What do you guys suggest I do about the others? All of these are only $6 for a print book right now because I wanted low costs for my readers.
I'm ready to scream.
Deep breath. Release. Cripes on a cracker.
Drop me a comment below with your ideas, so we can all benefit from them, and keep an eye on the blog for that book. ;)
Well, that's all for today, folks!
Until next time, WRITE ON!
Jo