Going Indie - Is it worth it?

Time to talk results.

I take this giant leap of faith - so necessary to gain forward momentum in my career - and three months have passed. Some authors are selling tens of thousands, some authors are making thousands a month, and a very lucky few are doing both.

And me?

My results have exceeded my expectations. I have recouped my initial expenses. And most importantly, I have taken the next step in my career. No regrets.

So lets talk Dollars and Cents:

THE HALO CHRONICLES: THE GUARDIAN sells for $2.99 eBook and $14.99 print (discounted at B&N but with very little margin for me).

	Sales	Earned
MAY 24th
Amazon	36	$36
B&N	24	$46
JUNE
Amazon	19	$32
B&N	27	$52
JULY
Amazon	24	$45
B&N	20	$38
Print	6	$35
AUGUST
Amazon	19	$35	est.
B&N	5	$9
Print	2	$7
Smashwords (3mo. total)	10	$23
TOTAL	192	$358

A good friend of mine, who published about the same time, has sold in the thousands. While ecstatic for her, for like a second I was jealous of her sales. (LOL Tonya).

Keep in Mind at my Pricing structure: 100 = 700

I considered dropping my book to $.99. While $.99 price point does tend to explode sales, the margin is very low.

$2.99 (70% is $2.093) x100sales = $209.30

$.99 (30% is $.297) x100sales= $29.70;  700sales= $207.90

My choice, earnings at $2.99 or sales at $.99? The authors who are really doing well have a tiered approach (that I plan to model). When their subsequent book releases for $2.99 or $3.99, their current title drops to $.99. That way they are accomplishing both sales and earning. So I'm hard at work on the sequel THE HALO CHRONICLES: THE KEEPER. :)

Here are some other AMAZING indie authors who have transparently shared results:

Norah Wilson

Debra Holland

* Debra also has a great post on price point

Debra's August sales information

Theresa Ragan

Gemma Halliday's results (1 year 600k and counting)

D.D. Scott (on Right side of page)

Cate Rowan on The Ruby Slippered Sisterhood site

Julianne MacLean's promotion experiment (How important are cover and price?)

Know of any other indies disclosing sales? Post a link in comments and I will update this post. :)