Books and Writing - Indie/ Self-Publishing Success Stories

EbookReader · 03-27-2012, 11:02 PM

Self-Publishing Success Stories - Authors with more than 50,000 self-published ebooks sold

Anyone here have a book published?
How far are you away from 50,000 ebooks sold?

EbookReader · 03-30-2012, 05:48 AM

Amazon Kindle Publishing Royalties:

$2.99 and above: 70%
under $2.99: 35%

Barnes & Noble Pubit Royalties:

$2.99 and above: 65%
under $2.99: 40%

Which mean a $2.99 book will result in $2.04 for the author (after Amazon's 30% cut and a small bandwidth charge). 50,000 ebooks sold at $2.99 pricing will generate $102,000 royalties for the author.

EbookReader · 04-15-2012, 04:00 AM

About 125 authors listed so far.

Amazon CEO Bezos Touts Kindle Direct Program in Shareholders Letter | Digital Book World

Quote:

Kindle Direct Publishing has quickly taken on astonishing scale – more than a thousand KDP authors now each sell more than a thousand copies a month, some have already reached hundreds of thousands of sales, and two have already joined the Kindle Million Club. KDP is a big win for authors. Authors who use KDP get to keep their copyrights, keep their derivative rights, get to publish on their schedule – a typical delay in traditional publishing can be a year or more from the time the book is finished – and … saving the best for last … KDP authors can get paid royalties of 70%. The largest traditional publishers pay royalties of only 17.5% on ebooks (they pay 25% of 70% of the selling price which works out to be 17.5% of the selling price). The KDP royalty structure is completely transformative for authors. A typical selling price for a KDP book is a reader-friendly $2.99 – authors get approximately $2 of that! With the legacy royalty of 17.5%, the selling price would have to be $11.43 to yield the same $2 per unit royalty. I assure you that authors sell many, many more copies at $2.99 than they would at $11.43.

1,000 self-published authors selling at least 1,000 ebooks each month. Amazing!!!!!!!!

especially since Amazon pays 70% royalties (book priced at $2.99 will mean the authors get ~$2.04).
For comparison, book publishers pay 17.5% royalties.

Stay to the Lights · 04-17-2012, 04:45 AM

I like hearing this stuff, since I am doing a little self-publishing for myself.

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