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Posts Tagged ‘publishing results’

Back in this post I said I’d give an update after my Bookbub in October, which was for Shatterwing, Free, USA only. See previous Indie publishing post here.

I think my earnings for September were higher than I first anticipated because iBooks mixes up the currencies and it isn’t until you get the invoice notice that you know what you are being paid. I think I estimated $76 from iBooks and it was more like $126. Also, I didn’t twig that Amazon hadn’t paid me any US earnings…I guess I wasn’t too vigilant or whatever. The deal is that for all payments except for Australian sales I have to wait until I hit the $100 or equivalent. In October, I was paid out my USA earnings from April 2016 until August 2017. This is what I mean when I say notional earnings. There are timing differences and minimum amount requirements before you actually see any money.

In October, I bought Patty Jansen’s Indie publishing book called, Self Publishing Unboxed, The Three-year, No-bestseller Plan for Making a Sustainable Living From Your Fiction and read it. (link to the book is here)

I bought the second book which is focussed on Newsletters etc. The second book is a bit advanced for me but I’ll get there.

I’ve been receiving Patty’s advice for a while. She’s probably the reason I am where I am now. She has some very practically and insightful advice no matter where you are in the process. Her book gave me a few gems. Such as I opened up a dedicated bank account as per the book and I’m so pleased with that. I have changed over all the payments to that account and linked it to Paypal and have a debit card. This means that my Instafreebie dues come out of that account instead of my personal credit card. It means when I look at my accounts I can see my book earnings. You can’t imagine how exciting that is. Instead of them being swallowed up by bills or spending them. May aim is to be able to pay for my edit of Skyfire with my earnings. I think I’ve reached that goal, or I will when all the money comes through. I may even have enough for the proofreading costs too. In that I have reached my first goal, to support my creative life with my earnings.

The other thing that Patty has put me onto recently is Mark Dawson’s podcast ‘Self Publishing Formula’. I have found them to be useful and inspiring. When I get more time I’m going to implement a lot of that advice. Mark Dawson runs courses etc but I’m probably not there yet in terms of earnings and output.

So the Bookbub result. In all over 27000 copies of Shatterwing were downloaded. I had immediate sell through, though conversion wise iBooks was higher. I made the cost of the Bookbub back in a couple of days. Amazon reporting is the quickest, others I have to wait for like iBooks, Draft2Digital (which is just Barnes and Noble sales I think) and Streetlib for Googleplay.

Estimates of downloads per vendor

Amazon 20,000

ibooks 2,400

Google Play 2,800

Barnes and Noble 2000

Kobo 500 (note the free download counter isn’t working properly).

Sell through is still occurring. For example, including the November sales so far, I have half a per cent on Amazon. It’s not much but considering level of sales before it’s good. I expect that to increase by the end of the month. Whereas iBooks was 1.5 per cent straight off and will rise by the end of the month.

By conversion I mean people who get book one who go on to buy book two. The conversion after that is really good. For example, if they buy book two they pretty much by the rest of the series.

The good news for readers is that I’m writing Book Five, Skyfire at the moment for NaNoWriMo. I was going to write them during next year but as I was fishing around for a project for NaNoWriMo I figured I owe it to my readers. One reader left me a message of Goodreads asking what the timetable was for the rest of the series. And some lovely readers left messages on my Facebook page leaving lovely comments. They all helped me to decide on that. I was going to write a contemporary romance. Another time perhaps.

Other things that happened as a result of the Bookbub. I went from one follower on Bookbub to 88 and it is still rising. People who follow you on Bookbub get an email when you have a new release and also when you have a Bookbub deal. That’s awesome.

I’m still small bickies but I’m growing my readership which is what I want. I just have to finish the PhD and then there will be no stopping me. I have two series that I’m thinking of publishing and I have another novel that needs polishing with a possible series after that. Then there are the ideas for prequels and sequels to the Silverlands and Dragon Wine. I just hope I hold up physically.

Earnings for October I estimate at over $1500.

I will also get paid out accrued British Pounds as well as USD because I made more than 100 in each currency. So cash wish a bit more than that.

This is enough to fund my edit!

I forgot to mention that I had an iBooks promo early in the month in Australia. I had around 1700 to 2000 downloads, with follow on sales. I don’t know the conversion rates. Last time I looked it was around 2 per cent but I haven’t updated the figures.

 

On the day my Bookbub results were coming through I was in absolute agony with sciatica. I’ve never experienced anything like that. It should have been an awesome day. I’m really grateful for the chance to promote the books to new readers via Bookbub. It was totally worth it. I have submitted Argenterra for a Bookbub and been rejected. I’ll just have to keep on trying. Perhaps next year when the rest of Dragon Wine is out I’ll get another Bookbub. You have to wait 90 days between promotions.

 

 

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As some of you may have seen I’ve been in Europe for nearly two months (August through to end of September) and maybe you thought that I had no publishing results while I was away.

I did a few things before I left Australia to make sure things were ticking over and while I wasn’t fully engaged in the promotion or writing side of Indie publishing, things were happening and somethings are easy to do on the run or the fly so to speak.

It is a bit early in the game to talk of trends, but I’m happy to say that August outperformed July. Let me cast my mind back and check my notes for August.

I had my books still up on Instafreebie by the way and I wrote to my newsletter subscribers to tell them I might be quiet. Travelling meant that I couldn’t participate in a lot of cross promotions. I had had Argenterra for free on a Freebooksy promotion and I left it free when I left. There seemed to be a tail there and ‘shrug’ it couldn’t hurt to leave it for free.

My Freebooksy results were around 2500 thousand copies given away and I earned the cost of it I think with people buying the second and third books.

I had signed up for a number of promos on Kobo which didn’t do anything at all. However, I did make $19 in August from Kobo, mostly people buying from the Silverlands series box set and the Dragon Wine Box set.

The great thing about Kobo is that the promotions are really easy to sign up for. I could do them on my phone. If Kobo accepts your submission for a promo it makes the changes to your prices if required. Some of these promos might be 30% off a box set. I thank case you need to do nothing at all as the promo is applied at point of sale. Most of these promos are free and you pay through a cut in royalties. This is a good thing if a promo doesn’t work for example. There are paid promos and I’ve only ever applied for a cheap one for $12 but haven’t been successful in getting one of those.

Streetlib was a no earner for me in August, but some freebies did go through there via Google Play.

Draft to Digital, which for me is Barnes and Noble, gave me around $35 Australian in earnings. Biggest for me. They would have to be the Freebooksy follow through purchases.

Surprisingly iTunes/iBooks was a big earner for me in August with $82.33 in earnings. Again I think some of that is the Argenterra Freebooksy and other sales are just random or coming from my newsletter.

Smashwords also came through for me with someone buying a whole set of the dragon wine books so about $15 Australian there.

And the big earner for me was Amazon with around $135 Australian in sales.

That’s approximately $285 from sales in August.

I also had a lovely person who had bought the ebooks order the full set of Dragon Wine in print so I can safely say my earnings were $300. Still small bickies but a steady increase. I was also glad I didn’t just take a rejection for Argenterra from Bookbub and used Freebooksy instead. That’s $100 US but that was money that was refunded from previous promotions that didn’t work so well.

Instafreebie was still ticking over but giveways were slowing down with no active cross promotion going on.

That’s double July folks.

I also had help from Patty Jansen’s ebookaroo which lifted the tail on the Freebooksy for Argenterra.

And I got news that I had been successful in gaining a Bookbub, International Only, but that’s excellent.

September

I don’t have all the figures in yet but I can work it out. Seeing as some of this money doesn’t get paid for months.
I found out today that Draft2Digital did not have my payment details. However, their tax interview process is so easy it was done in a jiffy.

As I was travelling, the main promotion in September was the International Bookbub for Shatterwing, Part One of the Dragon Wine series. I was so excited by this but didn’t really have anyone to share it with who really understood how amazing it was to finally get one. I think it has to be the wonderful covers from Frauke at Crocodesigns and the cover blurbs from Craig Cormick and Glenda Larke that swung it for me.

The international Bookbub runs in Canada, Australia, UK and India. It was for 99 cents. It cost around $200 to run it. I put all the stores to 99 cents, or so I thought. I didn’t realise that Canada and Australia were listed on Googleplay for $1.99 so the emails from Bookbub said my book was $1.99  and the sales were pretty lame in those countries as a result. Canada wasn’t too bad, Australia maybe I had four sales. I don’t really know. I was devastated and had to work out what happened. I sorted it out but still what a way to blow a good chance. UK sales though were pretty awesome and I must say the sell through in both UK and Canada has been good. So I’m thinking that the Bookbub paid for itself or will do.

I think there is a sweet spot there at 99 cents and $1.99. People are willing to try a book at 99 cents if you are unknown. If you are known and they want your book they will pay $1.99 and up. So in Australia that has to be true, Canada less so because books actually sold there despite the $1.99 price tag.

Here’s the thing, with the international Bookbub you can apply for a US one within 30 days. I did that and was refused. Why? Because my book had been reduced for more that 14 days in the last 90 days. I had to have it explained to me as I was confused. I always thought that you couldn’t offer to Bookbub if you reduced your price in the previous 90 days, but it is actually discounted for more that 14 days, so it’s okay to have a week or a day special price and that doesn’t reset the Bookbub submission clock. I will master these Bookbub rules.

Anyway I was a bit down in the mouth as not only did I stuff my international bookbub, I had stuffed the chance at the USA deal. But lo, a light did shine on me and I put my book in for a free promo Bookbub USA. I figured they could only say no. Yet, I was accepted. This confirms what I’ve been told that there are two different decision processes, paid and free. So I will have a USA Bookbub for Shatterwing in October. This is very cool because that is what I have wanted from the beginning. You can get a massive amount of downloads via Bookbub for a free fantasy book. Shatterwing is currently free because I was advised that Amazon were having difficulties discounting. Yet, as soon as I discounted elsewhere Amazon price matched so I requested the price to zero there too. Fingers crossed this all goes to plan.

Meanwhile I had put out feelers for someone to pitch to iBooks Australia for both my series. First attempt was a no, then out of the blue I get an email saying I’d been accepted for Shatterwing. It was going to be later in the month but then changed to today. So Shattering in iBooks Australia free book of the week. Which is blowing my mind. I did not expect that. Thank you Patrick and iBooks Australia.

So my results for September while I was travelling and couldn’t do much but I had an international bookbub (slightly underdone due to silly me and book settings).

Let me see.

No sales at all through Draft2Digital. This makes sense as my main sales are for Barnes and Noble and I had an International Book Bub which excludes the USA.

Kobo (I had a number of promotions. Some worked. Some were other sales)  $90 (58 books sold). I’m using the raw figure here but that doesn’t account for Kobo’s cut or exchange rates.

iBooks $88 with 59 books sold. Again raw figure, not counting exchange rates etc. Edit. Corrected figure is $118 and a bit more for US sales.

Streetlib was about $3-$4 but I have no idea what currency and have to wait a very long time to be paid given I haven’t reached the payment threshold yet.

Amazon approximately $260. This is an estimate because it’s in different currencies. The bulk of this was books sold for 99 cents, which means I earned 35 cents or pence.

In September I had sales across all my books, the bulk, some 231 copies of Shatterwing at 99 cents or pence. The sell through I think is around 10 per cent for book two and then less for books three and four. I had a couple of sales of the Argenterra series too.

So ebook sales are around $440  $470 so an increase on August. This is also more than the biggest royalty cheque I received from my traditional publishers.

I also had a book launch and print book sales at Conflux at the end of September so I haven’t done the accounting on that yet. I think I made enough to cover the cost of the table and maybe the cost of the books, which is good I think.

That’s me. I may pop back after the Bookbub and the Book of the Week Promo and tell you the results of that.

I consider myself very lucky to have some upward movement so soon after uploading the two series. I’m very lucky to have got a Bookbub relatively quickly. I have been the person who checks the sales figures and sees no sales. Now I see sales. Modest sales but believe me that’s better than none.

Many thanks to Patty Jansen for her advice and guidance and to Facebook group for promotion that I belong too. Thanks to the buyers of books and for liking the stories enough to read the series.

Here is a pic of me from my book launch taken by Cat Sparks. I know I posted it in the previous post but hey! Different audience.

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