Don’t understand it.
And I don’t really want to.
I like the writing
books bit and I really like the thinking about killing people and getting away
with it bit. Having a very good agent
and a very nice publisher, I think I am safe leaving it all in their hands. In fact, I have one agent and three publishers.
And two editors. All for the same book so yeah, it hurts my head.
The branding is the girl in the red coat walking away.
I wonder if that Teddy Bear has been hit by that car?
I have never really paid any attention to how my books are
selling, or how many ‘units’ I’m shifting, as a very famous writer once said.
But with my retiral from the day job on the horizon, it’ll
take two years to sell the companies and do all the legal stuff that needs done,
I thought I might pay a wee bit more attention to what was going on.
And I discovered some really clever types of people who
monitor their sales day by day, they spreadsheet every sale and return, and can
produce stats and graphs and all kinds of stuff.
I have my hardbacks published by Severn – the new book is
there on Amazon ready for preorder - and it’s not published until the 4th
of December. My paperbacks are now being handled by another publisher (or the
boss imprint of Severn), Canongate. and the E book goes to the e-book specialists
Joffe after a certain period of time.
You can see the branding in operation here.
And the most lucrative out of all those, apart from the advances,
were the e-book sales, not surprising as it was all of them – all 14 books -
out on the market at fortnightly intervals within a year. That’s a deal through two publishers to the
agent then to me, so in the end I get pennies – but those pennies really added
up.
Is that a ball that
keeps rolling? Surely not. It must drop down to negligible sales after a while.
But unlike hard copy, e book doesn’t go out of print, the back list is always
there.
So, these are the 99p and £1.99 sales. The amount of them
needed to produce that income in royalties is eyewatering. My agent warned my
that few of these purchasers will actually read the book. There are folk out
there with thousands and thousands of books on their kindle/e reader who just
buy the daily deal with some intention of reading the books at some vague point
in the future that never comes.
The other thing that
spikes is reviews. So, I thought, is there any ratio between the folk that buy
the book and those that leave a review.
1;6, 1;100, 1;1000? any ideas?
I asked around to see what the consensus of opinion
was. Basically ‘fans’ will leave are
review, those who have just read your book and liked it will tend not to. Those
that loved the book will leave a review, as will those who really hated it, or
who took exception to something said. A smaller profile author with a large fan
base will get a better ratio, than a celebrity where a review disappears into
the thousands already there.
Joffe really excel at these E-book marketing.
Ads that are different but anyone looking knows it's that series of books.
Interesting that they didn't buy the standalone.
(As an aside, somebody left a review of one of my books
suggesting that I get help for my mental health issues, (maybe they know me),
and that I must have a reason why I hate dogs so much. Not sure what to say about that but Mathilda
Bubbington The Staffie said that it showed I was good writer if I came across
as somebody who hated dogs. Staffies are like that. And likewise, I am a dog
lover who can write about dog haters. I also write about serial killers and
I’ve never done that either)
Any way, there’s a proper statistic that 16.9% of purchasers
left a review of an audiobook.
50 to 1 for downloaded books, was a calculated figure for
one author.
Another author sold 80 000 books, got 8000 reviews – and those
reviews included the star rating but no comment review. So, an actual written
review is much less than the 8000 number. That number is slightly slewed by the
Netgalley type of reader, free copy in exchange for a review but the percentage
is still startling.
To look on the positive side, it can be good as if you multiply
the reviews to get the purchasers, then work out the percentage that goes to
the author after two publishers and an agent have their nibble at the 99p…. I
suppose it gives you a good guide on how little you will be able to turn the
heating on this winter.
Thoughts anybody?
caro
'retiral' ??? Is that one of those British words, where we'd say retirement? Or is it a Scottish pecuniarity? It actually sounds like the state of catching covid a second (or third, or fourth...) time. Or maybe that's when you get new rubber on the selfmobile.
ReplyDeleteI'm with you: total confusion.
Or an autocorrect has it ...retrial. which might be more apposite......
ReplyDeleteJoin the world of the totally confused, my dear. From publishers who often seem to not want to sell books, to reviewers who leave one star reviews because the book was damaged in transit, I find it very difficult to know what is going on. What is not confusing are the friendships made with other writers. That's worth all the weirdness.
ReplyDeleteI only read the reviews that Soho Press sends me, because those ones are always good. Otherwise, I don’t bother. The bottom line for me is did I make some royalties.
ReplyDeleteWhen I finish a book on my Kindle, it asks me how many stars I'd rate that book. I think these then appear on Amazon and Goodreads. If I really love a book, I'll take the time to write an Amazon review (if I remember). I'm more inclined to do that for a debut author or someone little known.
ReplyDelete