70% of Nothing: The Reality of Indie Publishing
By Lisa Maliga, Copyright 2015
I barely passed basic math in seventh grade, but I’ve learned a lot about numbers, percentages and book rankings since 2010.
On October 21, I released my $2.99 novel, Notes from Nadir, which I had serialized via my blog of the same title. The price was chosen because I would earn a 70% royalty rate. I sold four copies the first month, the same number in November, and soon the book was ignored.
By February 2011, I had five novels on Amazon and a few other stores. The titles were previously published online and I had regained my full rights. Sales in the dawn of e-publishing [2000-2004] were minimal and I noticed nothing had changed, except that I was now doing all the work.
I self-published my nonfiction titles as I had extensive experience making soap and bath and body products. Over time, my eBooks were available on 12 other Amazon marketplaces like the UK, Canada, Australia, Italy, Germany, etc. I uploaded titles to B&N, Smashwords, Kobo, CreateSpace [paperbacks], iTunes, and Draft2Digital. I joined AuthorsDen, Manic Readers, Twitter, Face Book and WordPress. I’ve had my own website since 2001 and this year I launched a newsletter and offered free eBooks. I have two instructional videos and two book trailers on YouTube, and I joined Pinterest because I like photography.
When it comes to nonfiction books, I've discovered that it’s exceedingly difficult to get linkbacks/mentions from companies/sources that are listed. I revised one of my titles to include several photos and interview some suppliers. While I provide their links and contact information, they won’t add a link to my eBook on their website, nor mention it in a newsletter/blog.
Why are those listed suppliers unable to provide a link? I'm asking for no money and in many cases have even spent money on their product[s]! I offered them a free copy of my eBook in their preferred format.
Don't these suppliers realize that they can make money from eBooks? Should a consumer read it and want to buy supplies, that supplier has just picked up some biz? Also, if a supplier has an Amazon or B&N affiliate link, they'll get money for each copy sold from their website. [I realize that not all websites sell via Amazon/B&N].
Indie writers are easy to ignore. They have no agents, managers or publicists to get the word of their eBooks out there. Ironically, while many of the bath and body suppliers are fond of the term FAIR TRADE, they won't do a simple link exchange which would actually benefit their own company!
But I kept writing until my titles increased from 1 to 32, almost evenly divided between fiction and nonfiction. Contrary to the myth that more books equal more sales, I’ve found the opposite to be true. As of August 2015, I have 7 more titles yet I’ve earned 30% less than I did in June 2014 on Amazon.
Approximately 90,000 eBooks are released on Amazon every month. The chances of any book being seen are in the league of unlikely to very unlikely.
How does a writer earn a decent living by writing eBooks? Four years ago, I saw a pattern. They wrote an eBook or two, especially a series or serial, blogged, went to other authors' blogs and left comments. Those other authors had a larger following, so the neophyte eBook author sucked up to the “bigger authors” and dished out excellent book reviews, hoping to get the same treatment for their books. Even after that exhausting circle of writing, praising other writers, and occasionally having other writers praise you, they still hadn’t seen an increase in book sales. Others have speculated that at the start of the self-pubbing boom, some authors bought dozens of good reviews on Fiverr, thus launching their careers. A self-published author/blogger exhorted their followers to write a book, write a second book, a third, and repeat indefinitely. Unsurprisingly, that author wrote a book about how to write and market books.
After releasing my twentieth title, I thought there would be more sales. I uploaded a horror novella that had small blocks of white spaces appearing randomly throughout the book. No one contacted me about it because I never sold a single copy of the aptly titled An Author’s Nightmare.
Since then, I’ve changed how I perceive indie publishing. Whenever I upload an eBook, or even a paperback edition, it’s not publishing, it’s uploading a manuscript. I also uploaded three freebies; hoping readers would discover my other titles. Occasionally, they did.
So, how does an “indie” author get noticed? By advertising?
Advertisers are popping up all over the place like psychedelic mushrooms. They’ll send your book’s links to the best potential customers -- readers. Sometimes grand promises are made of thousands of readers willing to download or buy your book. I tried getting a $2.99 novel out to 106,000 Face Book fans. The result? Zip. I could have done that myself, as I’m a member of more than 50 book-related groups. In fact, I have. The result has been similar. With some advertisers, you’ll get a few sales or a few hundred downloads for a freebie. Then what? Not much. Your book plummets in rank, maybe you get a review or two, and the title rests in obscurity with hundreds of thousands of unread eBooks on Amazon, B&N and other online bookstores.
Getting lots of downloads of freebies is meaningless if no one buys your other titles. There’s another myth about more reviews attracting more sales. Sometimes it’s true, especially if they’re legitimate reviews by readers. Yet how many people actually read and review those freebies?
After my years in indie publishing, I’ve learned that only a few authors can make a lot of money. I’ve earned far less than I did when I was temping.
Being an author isn’t unique any more. Self-publishing is for anyone who can process some words, design a book cover or have one made for a few dollars. Many books aren’t even proofread, let alone edited. With the glut of available reading material, it’s almost impossible for an author’s book[s] to stand out. Most eBooks will plunge to the murky depths of internet bookstores far, far away from the best sellers. They’ll wind up with six or seven-digit rankings, doomed to obscurity.
Most people don’t read. Most people don’t buy eBooks or prefer downloading freebies. And most readers don’t review books.
And that’s what I’ve learned about selling eBooks [and paperbacks] for almost half a decade.