“Imprinted,” my Magic ex Libris novelette, has been out for about a month. This was something of an experiment — my first original self-published tie-in title. Thus far, I think the experiment has been going well. Reviews are pretty positive, and the first month’s sales have been good enough to make me think I should to this again.
I figured people would primarily buy the ebook, and the numbers bear that out with a total of 775 sales so far. But to my surprise and delight, 101 people opted for the print version. That’s much more than I expected, and tells me it’s worth taking the time to create a print edition to go with the ebook.
My only frustration on the print side was that CreateSpace couldn’t get me copies in time for me to take them to ConFusion.
Almost all of the sales have come from Amazon, which was pretty much what I expected. Here’s the breakdown on sales channels. (iBooks is bundled into the Smashwords sales.)
- Kindle: 714
- Nook: 26
- Kobo: 17
- Smashwords: 5
- Google Play: 4
- Direct Sales: 9
Total income, before taxes, is just over $1,800.
Back when I started this project, I was torn between pricing the ebook at $2.99 or $1.99. The big difference is in how royalties are calculated. Years ago, Amazon began offering 70% royalties if your ebook was priced between $2.99 and $9.99. Everyone else more or less followed suit.
What this means is that the current price of $2.99 earns me roughly two bucks per sale. Pricing the same ebook at $1.99 means the royalties drop to 35%, or roughly seventy cents per sale. In other words, cutting the price by 1/3 would cut my royalties by 2/3. A lot of people said they’d happily pay the higher price to support me. (THANK YOU SO MUCH!!!)
I decided I’d start with $2.99, and after a month or so, I’d drop the price to $1.99. I’ll be making that price cut early next week. So if you’re feeling generous and want to give me that larger royalty bump, you’ve got a few more days. If you prefer to save a buck — which I totally understand and respect — check back next week.
Here are the sales links:
- PAPERBACK: Amazon
- EBOOK: Amazon | B&N | Smashwords | Kobo | iBooks
- BUY DIRECT: Receive the book in .mobi, .epub, and .pdf formats.
This has been Five Minutes of Self-Publishing Business Navel-Gazing. (Not to be confused with Naval-Glazing.)
Mirrored from Jim C. Hines.