ralphkern
Well-Known Member
- Joined
- Aug 19, 2013
- Messages
- 1,156
Interesting. I'd consider putting my next one into the mix, which should be ready around then. However without sounding like a hyper-analytical OCD, I'd have to satisfy myself that whatever their royalty rates were (which I'd assume would be industry standard) and their 'firepower' would balance.
From a quick glance, I'm a little concerned their current flagship author isn't selling great on Amazon (the only quick and dirty check I can easily do) and extrapolating from there (using Forbes figures - which are fairly on the ball http://www.forbes.com/sites/jeffbercovici/2014/02/10/amazon-vs-book-publishers-by-the-numbers/ ).
Amazon makes up 65% of Ebook sales.
Ebooks make up 30 % of total sales across all mediums (so lets call Amazon 20% total across all mediums, although I suspect it's far more)
The book I'm looking at, which is fairly fresh, and as I say, a 'flagship' author who is heavily pumped (anyone who has read up on them can guess who I'm talking about), according to its sales rank is selling around 2 - 3 a day on kindle. multiplying that by 5 is only 10 to 15 across all mediums a day.
Assuming an industry standard cut... I'm not convinced the math works out.
I'm not intending to turn this thread into another debate about the relative merits of TP vs Small Press vs SP just that I think a lot of people may need to delve into the numbers to help them understand if it works for them.
Still, for me, I may look into it. But I will operate from a position of informed decision and (if I do submit, and they do go for it) negotiate hard with a hefty leaning towards an undertaking from them to set aside a decent chunk of money for marketing. If they don't like or offer up a deal I'm satisfied with? I'd be okay with that, shake cyber hands and walk.
From a quick glance, I'm a little concerned their current flagship author isn't selling great on Amazon (the only quick and dirty check I can easily do) and extrapolating from there (using Forbes figures - which are fairly on the ball http://www.forbes.com/sites/jeffbercovici/2014/02/10/amazon-vs-book-publishers-by-the-numbers/ ).
Amazon makes up 65% of Ebook sales.
Ebooks make up 30 % of total sales across all mediums (so lets call Amazon 20% total across all mediums, although I suspect it's far more)
The book I'm looking at, which is fairly fresh, and as I say, a 'flagship' author who is heavily pumped (anyone who has read up on them can guess who I'm talking about), according to its sales rank is selling around 2 - 3 a day on kindle. multiplying that by 5 is only 10 to 15 across all mediums a day.
Assuming an industry standard cut... I'm not convinced the math works out.
I'm not intending to turn this thread into another debate about the relative merits of TP vs Small Press vs SP just that I think a lot of people may need to delve into the numbers to help them understand if it works for them.
Still, for me, I may look into it. But I will operate from a position of informed decision and (if I do submit, and they do go for it) negotiate hard with a hefty leaning towards an undertaking from them to set aside a decent chunk of money for marketing. If they don't like or offer up a deal I'm satisfied with? I'd be okay with that, shake cyber hands and walk.