Ereader Publishing Profits – Making Money Selling Ebooks For Kindle And Nook Book

Oct 20
2012

 

can publish your own eBooks on Amazon and Barnes Noble today and could start seeing <b>…</b>
Million Dollar Publisher – Make Money Every Month






20 Responses to “Ereader Publishing Profits – Making Money Selling Ebooks For Kindle And Nook Book”

  1. admin says:

    6 global warming skeptics who changed their minds
    Climate change doubters have just lost one of their leading lights, as writer Bjorn Lomborg calls for a worldwide carbon tax. But he’s not the first high-profile defector

    POSTED ON SEPTEMBER 1, 2010, AT 2:15 PM

    1. Bjorn Lomborg, Danish academic

    Lomborg made waves with his 2001 book, The Skeptical Environmentalist, which argued that global warming was no big deal, and fighting it would be a waste of money. This month, he’s publishing Smart Solutions to Climate Change, which argues that a global carbon tax should be imposed to raise $150 billion a year to address global warming.
    Before quote: “In 20 years’ time, we’ll look back and wonder why we worried so much.” (2002)
    After quote: “We actually have only one option: we all need to start seriously focusing, right now, on the most effective ways to fix global warming.” (2010)

    2. Dmitri Medvedev, Russian president

    Russian leaders are famously skeptical of global warming, with then–President Vladimir Putin quipping in 2003 that a warmer Russia “wouldn’t be so bad” because “we could spend less on fur coats, and the grain harvest would go up.” Then Russia caught fire this summer, choking Moscow with deadly smoke, devastating agricultural production, and convincing Medvedev and other leaders that perhaps global warming is a threat, after all.

    Before quote: Climate change is “some kind of tricky campaign made up by some commercial structures to promote their business projects.” (2009)

    After quote: “Unfortunately, what is happening now in our central regions is evidence of this global climate change, because we have never in our history faced such weather conditions in the past.” (2010)

    3. Michael Hanlon, British science journalist

    Hanlon, science editor for The Daily Mail, was a self-professed skeptic on climate change until a recent trip to Greenland, where he witnessed the accelerated disintegration of the country’s massive ice sheet. A few days on the melting ice floes, he says, “is certainly enough to blow a few skeptical cobwebs away.”

    Before quote: “Global warming, indeed much of environmentalism, has become a new religion. Like the old religions, environmentalism preaches much good sense, is well meaning, but has a worrying lack of logic at its core.” (2000)

    After quote: “I have long been something of a climate-change sceptic, but my views in recent years have shifted. For me, the most convincing evidence that something worrying is going on lies right here in the Arctic.” (2010)

    4. Michael Shermer, publisher of Skeptic Magazine

    In 2001, Shermer hosted a Skeptics Society debate on global warming, prompted by Lomborg’s Skeptical Environmentalist. He sided, predictably, with the skeptics. Then he looked at the science, and in 2006 reached a “flipping point,” acknowledging the “overwhelming evidence for anthropogenic global warming.”

    Before quote: “Scientists like Bjorn Lomborg in The Skeptical Environmentalist have, in my opinion, properly nailed environmental extremists for these exaggerated scenarios.” (2008, referring to 2001)

    After quote: “Because of the complexity of the problem, environmental skepticism was once tenable. No longer. It is time to flip from skepticism to activism.” (2006)

    5. Gregg Easterbrook, American journalist and author

    Easterbrook was an early skeptic of global warming, writing an influential book, A Moment on the Earth, in 1995 that was dismissive of mankind’s role in climate change. By 2006, he’d been swayed by the decade of climate research, and wrote an essay entitled “Case Closed: The Debate About Global Warming is Over.”

    Before quote: “Instant-doomsday hyperbole caused the world’s attention to focus on the hypothetical threat of global warming to the exclusion of environmental menaces that are real, palpable, and awful right now.” (1995, PDF)

    After quote: “The science has changed from ambiguous to near-unanimous… Based on the data I’m now switching sides regarding global warming, from skeptic to convert.” (2006)

    6. Stu Ostro, Weather Channel senior meteorologist

    A recent survey found that many meteorologists and TV weathercasters are skeptical (or even “cynical”) about anthropogenic global warming (AGW), and Ostro used to fit in that camp. Now he regularly explains the connection between man-made climate change and the extreme weather roiling the world.
    Before quote: Large swings in temperature “happened long before humans had a chance to influence the environment, [and] typically occurred within a 10-year period, indicating that drastic climate change can occur through natural means, and quickly.” (1999)

    After quote: “When it comes to skepticism about AGW, you could say I have street cred,&quo
    http://theweek.com/article/index/206686/6-global-warming-skeptics-who-changed-their-minds
    “They want grant money.” — Only one of these people is an academic.

    Thanks for playing. Try again.

  2. andyg says:

    sorry but reality proves the answer to be,……money talks!!! Just ask the libs Rangel and Waters!!! LMAO too easy

  3. SylverWysp says:

    Hey! I’ve been looking into the publishing business (because I’m starting a book), too! Here’s what I’ve found out:

    Get an agent! While it is true that you don’t technically NEED one, you’ll have an extremely hard time publishing without one. Over 94-96% of publishers DON’T accept manuscripts from first-time authors without representation from an agent (this includes all major publishers). Odds are that the only way you’ll get published without one is to look for a small publishing company (not recommended) or to self-publish–which brings me to my next point.

    Don’t self-publish! It seems like a good idea on the company’s website, but it can run you anywhere from hundreds to thousands to see your book in print. Traditional publishing is FREE. Another down-side to self-publishing is that you also have to do all of your own advertising and promotional events, and marketing (which is a LOT to manage). A traditional publisher (with the help of an agent) will do most of this (if not ALL of it) FOR you.

    Here’s what you should do. (Assuming your book is finished AND thoroughly edited) you should look for an agent in your genre to represent you. Most people don’t get an agent because they hear about the 15% of your royalties that they take from you but TRUST ME, it’s worth it. None of the money that you pay your agent comes out of your pocket, so they’re practically free (you just earn slightly less). A lot of people are also under the misconception that this 15% is a LOT of money, but let me tell you, it is NOT. There actually aren’t that many NYT Best-sellers that are raking in millions. The gross earnings you would earn are less than most people expect, and in addition to that there are other deductions before your net earnings in royalties are calculated. This is why agents typically represent multiple authors at one (because 15% of one author’s royalties usually doesn’t amount to much *or* at lest not as much as people usually think it does).

    Traditional publishing shouldn’t EVER cost the author anything and agents should NEVER charge any sort of “up-front fee.” If they do–RUN IT’S A SCAM!

    Best of luck in getting published!
    Hope this helps!

  4. trellesweb says:

    Google has an advertising program called AdSense and if you let them run ads on your website, as well as Google Search boxes, you earn small amounts of money, depending on how popular your site is, or how many clicks or “buys” from clicks originated on your site occur after a month or so. I wonder if Yahoo! has the same program. I have my websites hosted through Yahoo, and I even have used the Yahoo Sitebuilder software to design some of them, so I would rather use Yahoo publisher’s advertising solutions. I tried looking around in Yahoo, but couldn’t find any information regarding this. I just wonder if such program exists. I would go with Yahoo instead of with Google, but if Yahoo doesn’t have one, hey, I go with Google. Thanks for the response. < < www.TrellesWeb.com >>

  5. imisidro says:

    Yahoo has a similar program, with almost the same mechanics as Adsense called the Yahoo Publisher Network. It is still in beta but you can apply here:

    http://publisher.yahoo.com/

  6. Nanami七海 says:

    Recently, I had avoided getting an agent to promote my first book to a publisher after one author told me that most first time writers do not seek an agent. However, on a previous question, someone suggested it may be a good idea (though in a more sarcastic and condescending tone).

    I also considered self publishing (I’ve been researching it), but haven’t found any reliable publishing houses. The most popular like Author House seem like rip off with too many problems. The only difference in self publishing is A. You’re publishing the book by yourself with their equipment, so it costs money and B. Instead of your publisher promoting you for the first 6-12 months after you’re published and leaving you on your own, you’re on you own from the very start with self publishing. (Well, that’s supposedly how it is supposed to work. I haven’t found a reliable one yet. They’re all a little shady in my opinion).

    Publishing seems to be the sort of thing where you have to find what works best for you. Either your book is good, or it’s not. Neither will prevent it from being published (as I know many of you have likely read books that make you wonder “how in the world did this make it to bookstore shelves!?”). In the end, most of the work is your own from the start. John Grisham (as a sarcastic person in my last question pointed out) was not self published. No. BUT, the small publishing house that published him did only that. Publish him (so he didn’t have to pay for his book himself). But, after the publishing, he was on his own like a self publisher and had to sell his books out the back of his truck just to get them out there. I know, because I live in his home town. He doesn’t live here anymore, but his parents still do, and my old teachers back in high school remember teaching him and remember him trying to sell them a copy of his book. He’s our local celeb, if you will. What? Writers can be celebs, too.

    So:
    Do you think it is better to pay an agent who gains 15% of the profit for your first book? Please, don’t suggest self publishing unless you have had a good experience with it. (Which is kinda what my first question was–to see if anyone had a good experience with it because I had only heard bad stuff–but the question got spammed with sarcastic answers that had nothing to do with what I asked, so I deleted it. Obviously I knew the bad stuff already. I wanted to hear from people who self published, not other people’s opinions on it and insults for me having the audacity to suggest it. All I asked was if anyone had experienced anything positive, and if they had with which company. If I found those who had self published and had bad experiences instead, my suspicions would have proved true and I would have moved on).

    So, please, stay on topic–and no advertising spam, if you would. I’m just going to have spam deleted, so don’t post your publishing house or a link to a place I should get published. I’m not interested in that sort of thing.

    Sorry, but I felt I needed to say that after the last question. So, thanks for your time. I appreciate it!

  7. Laurie says:

    File a complaint with the Better Business Bureau and take them to small claims court.

  8. ☆sock☆ says:

    I was wondering if anyone knew how long, on average, paperback versions of new novels take to arrive at stores (after the release of the hardback ones.) Example: I want to purchase a book, the hardback is released early February…but I want to save money and wait for the paperback version (albeit it’ll probably be months after.)
    Or does it vary by publisher? Thanks!

  9. Let'sdaretoansweranything says:

    I think whatever happened is quite legitimate in this market-forces fueled economy. Normally after some correspondence the author and publisher must sign a contract. Before signing such a contract both are free to take any decision. Both should ethically avoid arm-twisting tactics. In this episode no one can be blamed. If this publisher refuses at this stage author may find another may be for poorer return.

  10. LightVoyager says:

    During the past four years I have paid over $7,000.00 to the James A. Rock & Co., Publishers to publish 6 books. Their contract states the amount of royalties for direct sales and distributor sales. My books are appearing on distributor lists internationally & may have as high as 25 pages of Google listings but I have received less then $200.00 royalty in four years. When I order books direct, the delay is optimal, once- taking over five months because they did not have the money to pay the printers, although I had prepaid and the money was taken out of my account the day I ordered. I would like to know of other people’s experience with this company & suggest that this may not be a publisher one would like to deal with.

  11. m says:

    While I’m not surprised by what she earns, I am very surprised by the quantity of copies she receives. That seems like a lot!

    As for the earnings, I have two books published (one in eformat and the other in e and print format) and another just published in eformat and while I get royalty cheques, I don’t get a heck of a lot at all. I still work a 35 hour a week job and I’m under no illusions of being able to give that up anytime soon. The bestseller and fortune is a lovely dream, but I went into this with realistic expectations.

    I wouldn’t be so open about my own stats any more than I would publish one of my wage slips from my job online. Answering questions to other authors or curious aspiring authors, maybe, but not go into detail about the actual amounts of money involved.

  12. Joss says:

    And, BE HONEST, have done something like this or thought about doing it? – I’m not standing in judgment. If you were the publisher, what would you do? Still take the author on since he had a book with great potential? Do you think the publisher is overreacting? What do you think about the author and how often do you think situations like this occur?

    There’s this owner of a small press. The small press is legit. They pay royalties and advance and some of their books have won major awards. One of the owners of this small press said he got a manuscript that he really liked. He called the author to make an offer to publish it and they shot a few emails back and forth. Eventually, the author declined the offer. The publisher learned that he was being used as bait by the author. The author was just “testing” the waters to see if his book was publishable, and now the author knows it is since he was made an offer, and now the author was going to find an agent and get a deal with a bigger publisher and possibly more money for the book.

    Even after getting the shaft, the publisher still thought highly of the book and thought it was a great fit for the company, but the publisher is also angry after knowing the author’s true intentions and for wasting the publisher’s time. No, scratch that. The publisher is incensed. Says he’ll never forget the author’s name and that the author is someone who’ll stab you in the back when he thinks he can get better [pub actually said that], which is why the publisher says he’ll never ever publish any of this author’s work ever again. Publisher even says he told many of his agent friends about this author in case they come across him and his manuscript.

    End of the story: After months and months of rejections, this author comes back to the publisher, apologies in hand, and asks if the original offer was still valid. Publisher happily said no.

    Questions are above.
    BTW, I feel quite sad for that author. You live and learn, I guess.
    @vengful – you’re right…except, the author didn’t have a better offer on the table. :D In fact, he didn’t have any other offer on the table. he was just using the publisher to gauge if his book was publishable.

    I feel sad that the author had to learn this for himself instead of learning from someone else’s mistakes. It sucks big time to lose on this, but it’s really the author’s loss, not the publisher’s. The publisher has many, many manuscripts to choose from. As you can see, this author doesn’t have anyone wanting his book now, so he and his book are SOL, while the publisher is going to continue finding books that fit it’s line. That’s just how it works. I think the author’s behavior was bad and now he’s paying the price for it. Never, ever do this because it’s unprofessional, and least of all, Do.Not.Tell.The.Publisher.About.Your.Intentions! – as you can tell, publishers and agents talk to each other, so who knows how many bridges this author burned from this one FAUX PAS.

    Its’

  13. Marciana says:

    Mathematics of Investment (Math 4c)
    1. A hog raiser can sell 100 pigs of average weight of 80 kilograms each at profit of P1 per kg if sold immediately. Past experience had taught him that for every one week delay in selling the pigs, his pigs shall gain 920 grams per week per pig. Meantime, profit shall also decrease by 10 centavos per week. Now, the hog raiser wishes to find out the number of weeks he may delay selling yet realizing the same original profit.

    2. A retailer bought some bags for P20,000. At the end of the month, he was able to sell all except 10 units at a profit margin of 25%. With the sales revenue he was able to increase his original inventory of bags by 20 additional units. How may bags were originally bought?
    3. A real estate broker knows that an industrial firm is willing to pay P210,000 for a choice piece of land for building a new plant. How much should the broker pay the owner of the land if he wants to make a 5% commission on the owners selling price?
    4. A man wants to invest P200,000 on two accounts; the regular savings account at 3.5% simple interest and a time deposit account at 8% simple interest. If he wants to double his money at the end of 10 yrs. how should he divide his money?
    5. A publisher spends P5000 to prepare a booklet and make the plates for printing it. He also pays P500 for each 100 copies printed. If the booklet sells for P10 a copy how many copies must the publisher sell before making a profit?
    6. A bus chartered for a tour at a cost of P24000. When 4 additional people join the tour, the fare per person is decreased by P200. How many people were originally going to charter the bus?

  14. jtrash says:

    By “paperback” do you mean mass market paperback (the size of the books in the grocery store check out aisles) or just trade paperback (usually $12.95-$14.95)?

    For both, it depends on the success of the book, the genre, and other external factors (like, if they made a movie out of it). Most of the time it takes a year. Some genres, like romance and thrillers, have mass market paperbacks in the stores only six months after the initial hardcover release, whereas more literary fiction may never come out in mass market paperback. Trade paperbacks tend to take about nine months.

    If you are wondering when a particular book will come out in paperback, you can check amazon.com. Often they begin to list the paperbacks and their release date a few months before they actually go on sale.

    If you would like to save money, the library is a good option, or you could investigate used bookstores in your area. Often you can get the hardcover for about the price of the mass market paperback!

  15. Joss says:

    She considers herself a mid-list author and has published many books and she opens up about how much she makes as an author. — this is just for her and she makes it clear that her situation doesn’t represent all authors like herself. The link to the full blog post is at the bottom.

    Q4U: Anything about her stats that’s surprising to you? If you were published, would you open up about your book sales and how much you make? Anyone turned off by publishing because there doesn’t seem to be much money in it?

    I think I was a bit surprised that she’s making so little (yes, I know authors don’t make that much, but it’s surprising when you see actual figures from someone). $18,000 is below the poverty line and you’d definitely have to keep a second job. And, I’m surprised that she receives 50 free copies of her books. Wow, I want her publisher(s), haha, because that’s a lot of copies. :)

    ****
    I’ve received enough emails lately to make me realize that folks are fascinated by what constitutes a writer’s life. I decided to reveal the naked truth from my perspective using the uncompromising language of numbers.

    Please keep in mind that these statistics are only a reflection of my work. Me, little ole mid-list cozy mystery author, but I hope they fill in some of the blanks.

    Number of books I’ll have published by the end of 2011 — 15

    Number of author names I’ve used or will use — 4 (Ellery Adams, J. B. Stanley, Jennifer Stanley, and I’m ½ of Lucy Arlington)

    Average page count per book — 300
    Average word count per book — 87,000

    Number of publishers I’ve written for — 3

    Average number of series I’m writing at once – 3

    Average advance received from publisher — $6,000 per book
    Average amount paid for large print or foreign rights — $500 or $1000

    Average amount of advance spent on promotion — 25% of advance

    Average money my publishers give me for promotion — 0

    Average time it takes me to write a completed draft — 6 months

    Average positive emails I receive per week from readers — 6

    Average negative emails I receive per week — 1 (These are usually to point out a typo or to complain about a character’s conduct)

    Number of personal copies I receive of each title — 50

    Time it took me to sign with an agent — 5 months
    Time it took my agent (Jessica Faust) to sell my first series — 2 months

    Average number of conferences I attend per year — 3

    Average number of library talks per year — 2

    Average number of times I check my sales ranking on Amazon per day — 5

    My writing income based on my 2010 tax return — $18,000

    Days per year I work — 360 (This is not an exaggeration. I consider promotion work, and unless I am sick or am forced to be away from a computer, I find time every day to write, edit, promote, or research.)

    Age I knew I wanted to become a writer — 7

    Number of canceled series — 2 (the Molly Appleby collectible series and the Hope Street Church series)

    Number of new series debuting in 2012 – 2 (The Charmed Pie Shoppe mysteries by Ellery Adams and The Novel Idea Literary Agency series by Lucy Arlington)

    Series I’m planning to continue as ebooks only — 2

    Current income from my sole ebook title (uploaded in March) — $250

    Times I’d trade this life for another — Every time one of my books is released and fails to make the NYT list. And then I get over myself and go right back to work.
    *****

    Source: bookendslitagency.blogspot.com/2011/06/ ellery-adams-bares-all.html [Remove the space]
    Will someone else report the melon_kahn troll who’s copying somene else’s post just for the two points?

  16. hmmm........ says:

    i guess ebooks could cover anything, from electronic copies of manuals to your favourite novel. To ones you create yourself, based on hobbies or information you think others may find useful.

    i am curently stuck in a dead end part-time job, and desperately need to get out. i’d love to work for myself earning money my own way and then i though of ebooks. i have information to share, and some short ficticious stories. i don’t have incredibly fast typing skills but they are accurate, i can use all main microsoft packages (inc. publisher) and can learn new programs quickly.

    but what i wanna know is: where do i start? are there any good resources (cheap or free) and what sort of money could i make?
    i don’t need a lot to live on and a minimum of the equivalent of £60 (approx US$120 or AU$143) a week would be fine. even if it takes a month or so to get there. I need to know if it’s worth giving up my rubbish job for! and NO SCAMS PLEASE!

  17. Jewel says:

    hmmmmmm – don’t give up your day job until you have earned £60 a week working part time selling ebooks.

    You will have to sell the ones you write unless someone is paying you to write up their own book as an ebook.

    Search the net – there are loads of people already doing it – might be useful if you asked them.

  18. Mia says:

    You’re making some assumptions about things you will have little to no control over (and I don’t just mean whether you get published or not). The publisher decides the initial print run, and that will have a large effect on how many books you sell. There’s really no way to give an estimate like that without you having a contract, and there are so many variables.

    The publisher also decides whether your book comes out in hardcover/trade/mass market paperback. It also depends whether your royalties are from net or list price. You’d probably get something like 10%, so let’s say you did get 10% of list price. Your book would probably be around $18 list if it was a YA hardcover, and you’d get $1.80 per copy (before you pay the 15% commission to your agent, if you have one).

    Remember that many books also do not earn out their advance, so don’t count on making more than that, no matter how much marketing you do on your own. Sometimes it just doesn’t happen. For example, your book could get skipped by Borders and/or Barnes and Noble, cutting your sales significantly. For a new author, your advance could be as little as ~$5,000– and you’ll lose a bunch to taxes off the top.

  19. admin says:

    The question itself is actually complicated, when you look at it in depth. Firstly, I want everyone to not worry about how I would go about publishing the book, marketing, etc. I also do not expect to make a living off of writing this book. I am simply thinking of it as a one time thing to make a tiny bit of extra money.

    That being said, say I write a fairly decent YA novel. Since they are fairly popular these days, how many would I sell per month in the first year? I’m assuming that after the first year- if I do not endorse the book strongly it probably will fade away and die like many other books. The book would be hardcover, and probably published by some YA publisher (with hope). How many would I sell for the first couple months, and then, how many would I sell the next few? I was thinking around maybe 1000 books the first month, and then 1500-5000 thereafter, depending on how the public takes it. Does this sound accurate? Too much or too little? (I am personally thinking that I was being much too optimistic)

    Then, what could I expect to make per book sold? If it is a $15-20 hardcover, then would saying I made $5 a book be accurate? This of course, would be before I paid my agent, marketers, etc. It would be great if someone could enlighten me on some better numbers. Thanks a lot for your help!
    Trying to be more specific here- say they first run a print of 15,000 copies (being optimistic). If they sell all those, would they run another copy, so on and so forth?

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