I’m trying to stay positive and send out good vibes of love and happiness, but I have to admit it’s hard to do today. See ,I just had to end a series before I wanted to. Why you may ask? Because it wasn’t making enough in sales and Kindle Unlimited reads to make spending weeks writing them profitable to me.
So. I ended it. I was nice about it and told my readers I ended it and why. Now I have people coming out of the woodwork to tell me how sad they are that this series is ending and that kind of upsets me. It upsets me because more people are telling me they are unhappy the series is ending than ever read the books according to Amazon. Which makes me wonder. Where were those people when I was publishing the books?
This led me to another conclusion most readers don’t understand the world of an author. There are some common myths people believe about someone whose book is on Amazon or any other online or physical bookstore. I want to look at some of them and give you the truth that goes to them.
Myth 1. Author’s make lots of money.
This one makes me laugh and cry at the same time. Here’s the truth of the issue. Unless an author is JK Rowling, Steven King, R.L Stine or some other household name they aren’t rich. They probably aren’t making enough money to even provide for their family. That book you buy for $2.99 or 3.99 we don’t get all of that money. First off, it cost us to purchase the cover that caught your eye and made you want to buy the book. Book covers can cost anywhere from $45.00-$200.00 depending on how many elements are involved. Mine on average are around $100.00 So before a single word is put on the page I’ve spent around $100.00
Then I write and when the story is finished, it has to go to the editor. Which, again can cost from a little to a lot, depending on several factors. What type of edit it is, how many words in the manuscript, just to name a few. Typical line edit to just correct grammar and punctuation is between .002 and .005 cents a word. So that 50,000-word book costs between $100.00 and $350.00 and that’s before a single book is sold.
Now, if I got paid the whole $2.99 that most of my books sell for, and I paid the minimum for editing; I’d just break even after selling 67 books. But I don’t get the whole $2.99, in fact, I only get 70% of that and then only if the book is Amazon exclusive. If not I get 30%. If your favorite author uses a publisher and isn’t an Indie author then they only get 16% of the sales price. So out of that $2.99 I make $2.09 cents. So I have to sell 96 books just to be back at zero. So getting rich not really happening for most authors.
That’s the first myth exposed. Next week I’ll share another myth people have about authors and books in general. In the mean time go read a good book. 😀