Friday, November 18, 2011
Pay to E-Pub...Seriously?!?!
And here's the latest, surprisingly enough, from Penguin owned Book Country. Heard it first from JA Konrath here
This is just a sample from their pricing page:
Books sold via wide distribution are subject to fees charged by the individual distributors. Books sold this way will earn the same percentage rate as those sold on the Book Country site, but those rates will be based on the amount actually received by Book Country minus the fees charged by the individual distributor. These fees are generally 30% of the price of the eBook and about 50% for a print book.
Here is an example of the difference in earnings if selling on Book Country versus Amazon:
For a $2.99 eBook sale on Book Country, the author is entitled to $2.09.
For a $2.99 eBook sale of a Book Country title on Amazon, Amazon takes $0.90 and then the author is entitled to $1.47.
So, to overview: you get LESS from e-pubbing through Book Country than you do publishing on your own and mind you these are their Royalties they're talking about...the money your book earns FOREVER!
And this is in addition to their steep initial fees!
And in return? In essence, under the different (horrifically overpriced) packages you're getting book formatting, uploading and "tips" on marketing
Here's a very thorough overview of what you're getting (not much) over at David Gaughran's page here
This service is presented with all the refinery that a skilled corporate PR and/or Marketing department can deliver. Professional legitimacy oozes off the web page as the skill of their experienced professionals are promoted.
Folks, read any one of a hundred popular blogs from independent e-pub authors. Formatting, while potentially tricky and sometimes problematic...is BY FAR one of the easiest part of the whole process. Especially so when compared to the actually writing, editing and promoting of your own book.
The uploading itself is easier still (it's nicknamed "pushing the button" for a reason) and "tips and tricks" are available, for free, (from the biggest names in independent e-publishing) widespread on webpages and blogs-a-plenty. These are the poeple that have done it and made it the "hot new trend" you've been hearing about.
Penguins experienced marketing professionals, respectfully, have been watching the real trailblazers and experts from the sidelines all while the traditional publishing world has discounted and debased the indie community.
But now that e-pub sales are overtaking paper they want to charge you to join in. And they're charging a lot!
In short, it's clear to anyone whose spent five minutes researching independent publishing that Penguin (under the guise of Book Country, a site to help new writers, which they plainly own) is promoting the validation of the legendary Penguin publishing house...for a steep fee. Without actually providing any legitimate publishing service of worth.
Making money publishing in any form is tough enough. Don't make it tougher by giving away your earnings for virtually nothing in return.