There is a free lunch, but some would have you believe it’s not good for you… because it’s free. Most people on IU, I’m guessing, are pretty comfortable with some version of the idea that you can sell more books by giving some away.
But not everybody out there in “writer web world” is and some even take it to the next step: moronic denial. Some examples of the arguments one runs into—and should beware of paying serious attention to: Continue reading “Free: Still A Bargain”
Everybody knows the big publishing houses are scrambling. They reek with the stench of death. They can merge all they want. They can point at tortured data to reassure themselves all is well. But it’s pretty much over for them, and they did it to themselves by clinging to a ridiculously outdated business model. They became middlemen who added little to no value for most authors they signed.
There are lessons to be learned here. Experience is a great teacher for an apt pupil. Small publishing houses stand to reap some significant benefits, and to become the heirs to a new age of publishing if they will but pay attention and adapt. Unfortunately, it does not seem that many are doing so. Continue reading “Blaming Amazon Pricing Policies May Be the Wrong Call”
Last week I received an email – a cry for help – from a new Indie Author. He had a number of questions about how he should proceed with his manuscript. I told him he came to the right place – because, as you know – I’ve been doing this for a REALLY long time. Here are his questions, and my responses.
That’s right: I have an opinion on everything. I’ve shown you what your minimal requirements should be for building your author empire here. Now I’m going to tell you some other things you need to know.
1. Backlist. Having only one published book is NOT going to cut it. You need lots of books. If you expect to sell a million books, having a million titles to sell is a phenomenally good idea. That would mean you’d only have to sell one of each title to reach your goal. Of course, you know you can easily sell one book. So, your goal should be to write a good portion of the books you intend to sell. This is such simple logic. I don’t understand why no one gets this.
2. Loss Leader. A loss leader is something that you don’t mind losing money on because it draws people to your offerings and they purchase your other stuff. It’s like the sacrificial lamb of your backlist. This is something every author should have. I’m very good at loss leaders, so take my word for it. I have 10 of them. Continue reading “My Opinion on Everything”