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Comments on critters.org/c/blog/?l=20101228092418

Postby CrittersMinion » Thu Oct 11, 2012 11:59 pm

[Reposted from old comment system, from Jack Nilssen on Wed, 29 Dec 2010 22:26:53 0000]

I agree 100%.

In contrast, as a vehicle to gain social proof for any emerging writers who wish to get "real" traditional publishing contracts, it seems to me that e-books is the way to go.

A writer can produce and upload a book to Amazon with very little effort, and start generating trackable sales data that can later be presented to publishers along with larger manuscripts.

A publisher is far more likely to look closer at writers that have already pre-sold through social networking and their own self-published efforts, as that initial marketing costs them nothing and also proves that the writer can deliver.

Having just submitted my own first novella to Amazon, I'm very excited to see what the future holds!
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Comments on critters.org/c/blog/?l=20101228092418

Postby CrittersMinion » Fri Oct 12, 2012 3:35 am

[Reposted from old comment system, from anonymous on Mon, 10 Jan 2011 21:02:35 0000]

There's nothing in the post that discusses ebook promotion. Some of the best selling ebooks come from authors who never saw their words in print form. Fan base or not, I'm thinking perhaps Jim's problem is lack of self-promotion to ebook readers.

http://writersideofme.blogspot.com/
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Comments on critters.org/c/blog/?l=20101228092418

Postby CrittersMinion » Fri Oct 12, 2012 3:35 am

[Reposted from old comment system, from KPGraham on Tue, 28 Dec 2010 21:04:51 0000]

I agree with your point about price point. People don't "shop around" much for books. If a person wants to read a $10 (a reasonably priced) book and the book is not available cheaper they will buy the $10 book. Pricing the book at $3 should not increase sales that much.
Suppose you sell four times as many book at $3 as you do at $10, you lose money. The extra profit on the $10 book more than makes up for the increase in sales.
Once your price elasticity data is in, you then need to do a profit curve that shows how price influences the profits based on the price/demand relationship.
After a flurry of sales the first week, my own sales of eBooks is flat and new sales are infrequent. Of course, no one has ever heard of me, where Jim has a built in fan base.
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