In this episode I talk again to Alex Newton of K-Lytics about what is happening in the Amazon Kindle Store in terms of what categories are doing well and badly.
In this episode I talk again to Alex Newton from the firm K-Lytics about the trends he has recently seen in the Amazon eBook market. His company K-Lytics scans the Amazon charts and looks for the number of books, their prices and how they rank relatively. In this way he can work out what areas are the easiest to chart in and which are the areas with the most potential sales and least competition.
An often talked about option for marketing books (especially fiction books) is eBook discovery services like Bookbub, where readers sign up to regular e-mails of discounted books and authors pay to have their books listed. But how good value are these services? What do you need to get listed with one? Which are the best for which genres? I talk today to Alli’s watchdog John Doppler who has done a comparison of these services about what he found out.
Paul Teague is a successful non-fiction author and host of the Self-Publishing Journeys Podcast. He is now attempting to move solely into writing in fiction, which is where his passion lies.
One distinct trend is that there seem to be distinct themes in terms of self-publishing books, self-publishing for profit and self-publishing for quality.
While these two aims aren’t mutually exclusive, there are definitely two schools of thought regarding self-publishing, those people who want to self-publish books to make money and those who want to self-publish to create a really fantastic product. This is subtly different from the distinction between business and a hobby. To achieve complete success on either path then you will need to run your self-publishing exercise like a business, but to begin with the hobbyist path provides an opportunity to try things out and achieve initial success.
In this episode I consider what I’ve learned in terms of self-publishing for profit, that is the objective of making money from self-publishing books.
As any half-decent business person knows, you make a profit by earning more money than you pay in costs (in strictly accounting terms this is actually cashflow, but in layman terms this is correct). So to self-publish for profit we need to ensure we pay as low costs as possible and make as much money as possible.
In this show I talk about something that I have been wondering about lately. How do you revive sales in a book that doesn’t sell? I’ve recently finished the second book in my Magpies and Magic fantasy series. The issue I have before I get into the process of releasing the new book is what to do about the first book in the series, that just doesn’t sell.