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