Thinking of Publishing Your Own $0.99 Kindle Book?
An anonymous reader writes "There's been a lot of talk recently about $0.99 Kindle eBooks, after publishers were accused of spamming the market with low-quality titles. Author Keir Thomas published two $0.99 computing books in March and has some figures for those who might want to have a go, as part of his Adventures in Publishing series of blog postings. Thomas says he loves the democratic nature of the Kindle Direct Publishing system, and points out one of his self-published books tops Amazon's Linux charts, besting titles by all the major publishers."
It's all well and good that Amazon charges a listing fee of $0, but this is, as recent articles have pointed out, producing quite a bit of crap spam. It's not the least bit "democratic" to enable anyone to post books for free if genuine creative books are drowned out by spammed crap, keeping anybody from ever actually seeing the content.
I don't see a $10 listing fee as being that much of a deterrent for someone that has actually produced a real book (think of the value of the number of hours that go into even a short book), and a big deterrent to those that produce worthless spam.
Did he just criticize the idea of a ten dollar listing fee as a barrier to entry for reducing spam?
No way. Maybe for a booklet you'd want it to be less, but if you put one *thousandth* of the amount of time and effort into a book that any decent author does, five or ten bucks for the book listing is much less than that. A listing fee is not, realistically, a barrier to entry.
-- IANAL, this isn't legal advice, and definitely isn't legal advice for you. Also, Squee!
It's 35% originally, and just recently 70% if you agree to keep prices lower then the physical book.
http://allthingsd.com/20100120/amazon-pushes-royalty-rates-up-and-prices-down-for-do-it-yourself-e-book-publishers/
As someone who has written several books (ok, shameless self-promoting link to the latest one) I might suggest that you raise the price. Sound counterintuitive? People may be looking at your book and the price point of $0.99 and thinking "this might be a scam or reprint of some material already on the web." By raising the price to say $9.99 or $14.99 you're still below the traditionally published books but also give the appearance of extra value; the consumer is getting something valuable.
I know nothing of the self-publishing world, though I have considered it at various times. But if I was going to be publishing something for Kindle I'd likely be setting it at a higher price point to give my book separation from the spam.
Oh, typically royalties are in the 8% to 15% range for tech books, depending on the publisher and the deal being offered. The royalties are sometimes higher on the eBook versions. However, realize that the royalties are off of the wholesale price not the list or sale price. So if retail on JavaScript Step by Step is $39.99, Amazon has it for $25, but the publisher sold it to them for $20, I get a percentage of the $20 not of the $39.99.
YMMV.
Steve
Self editing. Applies equally to ebooks and old fashioned paper ones.
You can't use the 70% option for a .99 book. The requirement is a price between 2.99 and 9.99 for the 70% option: List Price Requirements
Compare to the usual dead-tree deal, where the author can expect 10%.
Quidnam Latine loqui modo coepi?
This notion that tradition publishers "keep" the vast majority of proceed is nonsense.
Uh, we're talking about ebooks. On Amazon.
If you're a typical traditionally published author, the publisher will get 70% of the cover price from Amazon for each ebook they sell, and then they'll give 25% of that to you, and then you'll give 15% of that to your agent. So the publisher will get more than three times as much money from each ebook sale as you do.