
~ A Question of Royalties ~
I was recently
asked by a fellow author about how much I made in
Royalties
from my e-Publisher, as he would like to break into
the e-publishing market.
Unfortunately my figures would have done him no good.
The trick to
Royalties, or how many books one sells, depends on
far too many different factors to make a decision
from one author's paycheck.
My
reply:
Dear Aspiring
Author...
I am one of the top grossing authors for Extasy
Books, but this means nothing when considering
how much money You might make...
- because YOU are not Me.
The real
question here is: How well
will YOUR story sell?
Consider:
All of the e-pubs offer
a similar level of royalties - however - how well
an individual author does depends on several additional
factors in this equation:
Number
of books for sale:
The more you have, the more
you sell.
60k
(60,000 words) is
the average size for an e-published novel.
How fast can you put
out a 60k story?
The faster you write, the more you make.
Sure most
e-pubs take stories as short as 5k (5000 words), but
the real money is made on the NOVELS. Compare selling
5 20k stories at $2.99 verses selling 5 90k stories
at $7.99 when you get 40% off each cover. If you are
good, they will buy your longer works simply because
they don't want your stories to end.
If you are a beginning author and somewhat unknown,
three shorter works at 10k, 20k and 30k will offer
a nice taste of your style and build an appetite for
a more lengthy work. After that, it's simply a matter
of offering as many as you can.
Author
popularity:
Do you have dedicated readers?
Popularity is a Huge factor. I am very popular and
have been since I began posting free stories on Literotica.com
back in 1998. My
reading audience followed me from there - to my e-publisher
with my personal website as a bridge.
If you are
not well known, then it's up to you to Get Known.
How?
Network! Network! Network!
Join reader groups
(Yahoo Groups, Smartgroups) for your genre. Be friendly,
fun and approachable. Post excerpts and articles in
EZines and on bulletin boards. Post free stories on
your website and on popular story sites to build an
appetite for the tales you have for sale.
The
Key Factor:
THE READING
MARKET
Who Buys E-Pubbed Novels?
This Buying Audience is 90% women who are well over
30.
They buy Laurell K Hamilton, Charlain Harris,
Nora Roberts, Angela Knight and Christine Feehan
off the shelf.
These
ladies are your role models and your direct competition.
Don't
know who these authors are? Do a Google search and
find out.
Nuts
& Bolts:
Do you have what this Market
is looking for?
Just because it's a dirty story, doesn't mean it will
sell.
These Readers
want a vaguely romantic STORY, not just sex - they
want a PLOT. They don't care about colorful prose,
they want to forget that they are reading and SEE
the action as though it was a movie. They prefer heroines
they can identify with, and heroes they can fall in
love with. They adore smart-asses and they loathe
whiners. Angst is fine, whining is Not.
They absolutely demand a Happy Ending.
The
Top Selling E-Published Genre:
Erotic Romantic Fantasy Adventure
Sci-Fi
& Futuristics
Gothic Fantasy, as in:
Vampires, Werewolves and/or Dark Magic.
High Fantasy as in: Faeries
and Mythical beings.
Paranormal as in: Ghosts
and Psychic Powers.
Homoerotic does surprisingly
well, as long as it's romantic in nature and the main
characters are bi-sexual with a female involved
in some way.
In
short:
Popularity and
Market Appeal are
the two major factors in selling to the ladies who
shop the e-book markets. If you have both you will
do very well indeed with ANY e-publisher you choose.
Just be sure to check with the Publisher's Guidelines
to ensure that You have what that Publisher is looking
for.
Be
Warned!
This is Not an arena for the beginning author or someone
who has posted the occasional dirty story on one of
the free sites.
Both
the Readers and the Publishers expect good quality
writing.
If you are a writer - Expect the
Curse of the Red Pen - also known as editing.
NO ONE is Perfect - or exempt. The
editor's job is to make YOU look good because it makes
THEM look good.
Always
remember:
Publishers are Businesses not patrons of
the arts.
If you were chosen it was because they think they
have a chance to make a profit on Your Work - and
when They Profit: YOU PROFIT.
And that's
what Publishing is all about: PROFIT.
Morgan Hawke 2004