My Amazon bestseller made me nothing
salon.com
salon.com
My guess is that 'bestseller' lists are far more a marketing tool than any reflection of how books are selling.
I've published technical books that sold in that rough ballpark, and I can tell you they never came near any bestseller list (nor should they have).
I was born in a tiny country with a small population. Makes me think of how easy it was for me to become under-18 chess champion back there in my high school days. Doesn't mean I was really that good at chess...
Some authors actually PAY MONEY to have their book put on the bestseller list. Basically the publishers have all these deals for shelf space with all those little airport and train station bookstores, endcaps in major bookstores, etc. These are guaranteed sales of whatever book the publisher decides to send these stores and the publishers then pass this cost on to authors who want the publicity.
I should note though that when I hear about authors of tech books (O'Reilly and the like), I do tend to imagine a Jaguar in their garage :) But also a lot more copies sold.
And also, 8 months delay on sales you made July last year, that's just not right. I thought if you're indie the turnaround is much faster with better pay. Apparently not.
You'd be surprised on both counts. Actual rundowns I've read from technical authors can be even worse than the 4000/$12,000 mentioned here -- except if we talk about something like "The C programming language" or "Learning Perl".
Also: remember that 30% cut that Apple/Google etc takes of off your apps and e-books?
Well, traditional publishers take something like 90%.
The traditional publishing deal involves the author getting an advance (cash up front) which they do not have to pay back unless they fail to deliver the manuscript. So the publisher takes on the risk that the book won't cover it's advance. The publisher also manages book production and distribution and publicity, to do those things the publisher keeps staff on hand in some fairly expensive office space ( publishing happens in Manhattan, or used to ). All of which add up to a pretty good deal for authors whose work is salable.
With Amazon or Apple, the author takes on the risk, and all the costs of production ( poorly edited ebook only editions aren't going to sell as well as actual books ) and all the costs of marketing and promoting their work. The only thing that's taken care of is distribution; for which they give up 30%, not the actual cost of distribution.
So the new deal is riskier and less certain ( if you pay an editor, a book designer, a publicist etc. ) you might wind up losing money.
What math? I only put some numbers forward. Didn't even do addition. What I said is that for most technical books, 4000 copies is not that far off the mark. Or $12000 dollars.
And, thanks for clarifying that, the amount includes the advance. Note also that not all publishers give an advance, not all authors get an advance, and some authors even PAY to get their books published and/or promoted.
As for the publisher doing all those wonderful things, that's more about traditional publishing (and back in the day). With technical publishing, today, you get far fewer niceties.
The Pragmatic Programmers offer their authors 50% of the net. I was lucky enough to publish one book with them, and despite that book's anemic sales I made out pretty well. Cant recommend them enough to prospective authors.
Imagine that a tech book breaks even (for the publisher) at 5000 copies sold. Further imagine that a successful book sells about 8000 copies. At a $30 cover price, the author gets $1.50 per copy sold, so 8000 copies is $12,000.
Also remember that the publisher probably gets paid 30 days after the close of the month in which a sale occurred, and the author gets paid at least a month after that--and more, if the publisher holds back royalties in case of returns. If you're fortunate, you get paid monthly. You probably get paid quarterly.
That. I'm for a pretty poor, and small sized, european country, with hardly a very reading population, and still a best-seller can sell even ten times that -- and make a popular writer something in the region of $30,000 a year or more.
Now, upon reading it a third time, I'm not so sure. It is certainly confusingly worded.
Also that the list is not the springboard to further success that some thought it was.
(Right now it only takes about 8k album sales in a week to break the Billboard top 50)
I sold more than 4,000 books (closer to about 15,000), but have basically made a relatively comparable amount of money from royalties from the book.
That said, if you're writing a book looking to profit from the sales of the book, you're doing it wrong. I easily pull in six figures for speaking fees that result from having written a book. I wasn't getting those offers before having written the book.
Maybe fiction is a bit different. But you can always find a way.
From http://www.midwestbookreview.com/bookbiz/advice/bestlist.htm which is an old resource but the numbers are still within the same range:
"It does not take a tremendous amount of book sales to make a bestseller list. Depending upon the competition and category, sales of 50,000 books through bookstores over a period of weeks could do it. Some books have made #10 with sales of just 3,000 in one week. Most print runs are just 5,000 books, so 3,000 is a lot of books. On the other hand, with 119,000 titles being published each year, there is some competition for attention. In 1995, there were 93 hardcover fiction titles that sold more than 100,000 copies and 101 hardcover nonfiction title over that number. Softcover books did even better. Most first printings are 5,000 copies, and any book selling 5,000 copies a year is considered successful."
The world is changing rapidly, and traditional publishing just doesn't make sense for many authors anymore. Also of course refer to the recent discussion on O'Reilly's changing practices [2].
[1] http://www.kickstarter.com/projects/605480326/beyond-connect... [2] http://www.perceptualedge.com/blog/?p=1521
Can you give us some thoughts on how you went about promoting the project? Are you guys very active in the SystemsWiki and were able to leverage that community?
> My book on Amazon sold 4,000 copies and made me $12,000.
So it seems you can hit the top 5 on Amazon with 300 sales a day.
Also, the "best seller" was only for the one week, and 4000 books, of which most were probably during that one week isn't so bad.. the tail probably sucked though.
Now, self-publishing as an e-Book on amazon, would have given him potentially a bit more.. say Amazon takes $4, that gives him $11, and if only 1/2 bought it (available in digital only), would gross him $22k, even with a price drop to say $10 for digital (amazon getting $3) would be $14k ... That's some food for thought. If you can write a book every two months, and sell 2K copies for a $10 digital version.. that's not a bad living.
Bonus, if you become a little well known, people will order more of your back catalog.
When an author talks about their book sales like their so pathetic I often wonder what exactly did they expect? And more importantly why did they expect that?
If it was possible as a writer to just sit down, spend 3 to 6 months writing something, and then walk away with a million bucks there would be an entire ecosystem built up around finding these authors, then giving them enough money to write their books, in exchange for a cut of the profits down the road.
Currently the only way to do that as an "unknown" is to write code, not prose. And guess what, there is an ecosystem that built up around that activity. Hence the lure of this and other web sites.
That's a great idea! We could call the entities that do that "publishers". They'd pay their authors in advance, independent of book sales, but then after that they'd take almost all the money raised by selling the books. Perhaps they'd give the authors, say, 10% of the takings, so that authors of really successful books could do well too.
It's amazing no one's thought of it before, really.
(Less-snarky version: It's perfectly true that you can't sit down, write for a few months, and reliably get rich. But what you present as evidence for that isn't, because in fact exactly the ecosystem you describe is what already exists, and it works just like you say, except that usually the authors do more work than 3-6 months and only a tiny fraction of them walk away with $1M.)
"In one more week I was going to be a millionaire."
We don't know how long of a period it was on the best seller list at all. It almost certainly made it to the list because of activity following mention (as the author points out) "the story went viral and was featured in places like Forbes, Time magazine and NPR’s Weekend Edition" which had nothing to do with the quality of the writing but more of a David and Goliath human interest story.
So what we have is a book that made a list because of a cease and desist letter which got it major media attention which created a concentrated interest in the book.
The takeaway from this is that he made roughly $3 per book for a book that is sold by amazon at $14.95. (Also the kindle edition is less and I don't know how that factors into the count obviously.) Also to find creative ways to get publicity for your creative vessel. Pissing off a large company is certainly one way to do that. Then after the attention that generates dies down simply write another angle about how well you didn't do and get more publicity. I didn't buy the book but I did look at it on Amazon. Obviously the Salon story and links to it will help him sell more books.
Maybe they should have sent something else than a strongly worded letter.
This is definitely a letter that, prior to the Internet, would never have been written. It goes out of it's way to not appear to be a "dick" and appeal almost in a friend like way to make the person receiving want to do "the right thing" by not making a threat. I've never seen a letter written like this in this situation (having received them and seen many over the years.)
I wouldn't have let an opportunity like this pass. I would have seen what JD would pay to redo the cover, let them do it, and garnered even more publicity. And maybe pocketed some money by subcontracting the labor. The cover design isn't that critical and the extra press mention would most likely drive more sales. As only one example they could have said "it will cost me $5000 to redo" found someone to do it for much much less and pocketed the difference AND gotten more publicity. And I've done things like this is the past with large corporations they will write a check to dispose of a problem they won't say "um we want to have our artist do it". If the price is reasonable they would just pay. (The only question is how much I would have started much higher than $5k that is arbitrary..)
"Trademark Bullying" has totally gotten out of hand.[2] Brands have a duty to protect their rights, but a letter like this is really all that's necessary. Good on Jack Daniels. There is no reason to send indie publishers to the poorhouse over trifling infringement.
1. https://news.ycombinator.com/item?id=5176820
2. https://www.eff.org/deeplinks/2012/10/stupid-lawyer-tricks-a...
You can read more about how that story ended here: http://brokenpianoforpresident.com/2012/07/19/jack-daniels-l...
<blockquote>In case you’re wondering, no, my publisher, Lazy Fascist Press, will not be taking them up on their offer. We’re proudly independent and don’t need any of that sweet corporate booze money to redo the cover.</blockquote>
A good way to apply this to life: Vanity metrics mean nothing. Recognition is largely irrelevant to fiscal well-being. It's the same in the fashion industry -- most "famous" brand-name folks work for other big companies to pay the bills. I don't know who designs the jeans for Gap, but I'm sure he/she gets paid a ton of money.
[1] This fluctuates wildly, of course. Right now I'm around #18,000 thanks to giving away 3,000 free copies of the book over two days, but just before the promo I was at #400,000. Point is I've never been anywhere visible on any lists.
(His point stands that simply being a best seller isn't automatically quit-the-day-job money, but at least if you self publish you control your costs and most of what money you do earn.)
The tradeoff used to be that if you'd go to a publisher they'd do your marketing. Every creative type I know of is not only utterly n00bish when it comes to marketing but also regards it as a disease you wouldn't touch with a long pole.
But these days even famous publishers expect authors to do their own marketing [1]. Every last bit of it.
So yes, go self publish! Take a course on marketing while at it. Does wonders.
http://online.wsj.com/article/SB1000142412788732386430457831...
When I got to the "$12,000" I immediately felt tricked. Sure, it is in one sense pocket-change for a "bestseller", but it's not "nothing".
It looks like people don't buy books at high enough quantities to make it worth the effort.
It obviously couldn't have worked out terribly for him if he was making $3 a sale but I wonder if this is more common than I thought.
[1] Hydra's Contract: http://whatever.scalzi.com/2013/03/06/note-to-sff-writers-ra...
[2] Yog's Law: http://www.sff.net/people/yog/
The article stated 4000 copies sold, and $12000 in income. Math is math, no matter how you look at it. $3 a copy in income isn't all that bad at all.
The author's book was priced at $8.95 according to the article (Kindle version). Perhaps the author should consider price adjustments to see if the market will respond with more sales?
And this all assumes the author did a nice job with their marketing efforts in the first place... because "bestseller" also doesn't mean book sales on autopilot.
$12000 isn't nothing, and Amazon has nothing to do with the results an author gets from their book in terms of units sold, except for providing search results.
Just seems like one of those attempts to get eyeballs to an article to me.
Someone could sell 4K books in one week and make a list. Versus someone who sold 1,000 books per week and sold 52K books total and they wouldn't make any list at all. It's all very screwed up.
Really, it's a measurement of short term popularity more than anything.
(not saying that was the case here)
As an example, 4000 sales of an iOS app probably put you in some of Apples Top Lists as well and could amount to the same amount of money, but its nothing super interesting or unexpected.
Compare the number of reviews - I assume number of reviews correlates well to number of sales.
http://www.amazon.com/gp/product/1621050203
http://www.amazon.com/Fifty-Shades-Grey-Book-Trilogy/dp/0345...
18,000 vs 21
So... 0 to 8,000?