Monday, February 20, 2012Posted by Diana Quincy at 7:51 AM
Author Theresa Ragan certainly did. The six-time Golden Heart finalist pursued that dream for almost 20 years.
As she tells Joyce Lamb in her USA Today "Happily Ever After" column, "I worked with two agents and a few editors. I joined critique groups and brainstorming groups. I attended writer conferences all over the U.S. I judged contests."
Ragan says she wrote every day and in many genres, hoping to attract the attention of an editor. But she never received that coveted offer from one of the big traditional publishers.
So, faced with having to find a real job when her youngest daughter headed off to college, Ragan decided to self-publish.
"With nothing to lose, I self-published Return of the Rose and A Knight in Central Park. Instead of selling 10 books, I sold thousands! After nearly two decades of working hard to get published, I felt like an overnight success," she tells Lamb in the HEA interview.
According to Ragan, she's sold more than 160,000 books in just 10 months.
She has published six ebooks. Five of them are available in print, using templates she used through CreateSpace.
Click here to read Theresa Ragan's full interview with Joyce Lamb in USA Today's Happily Ever After column.
Tuesday, February 7, 2012Posted by Diana Quincy at 11:24 AM
Good E Reader reports Amazon plans to open a retail store in Seattle within the next few months. Amazon’s main headquarters is based in Seattle.
The store is seen as a test to gauge whether a chain of Amazon stores would be profitable.
The plan is to go with a small boutique setup which emphasizes books from Amazon's growing line of titles as well as its e-readers and tablets.
Amazon recently started its own publishing division. However, competitors such as Barnes and Noble and Books-A-Million have already said they will not carry Amazon titles in their stores.
An Amazon retail store provides customers with a way to physically buy books published by Amazon.
According to Good E Reader, Amazon hopes to open the new store in the fall, in time to capitalize on the lucrative holiday season.
Thursday, February 2, 2012Posted by Diana Quincy at 3:17 PM
On her blog, Hiatt lays out her initial findings as to how much "indie" or self-published authors are earning.
So, far, she says she's collected data from 82 books, 33 of them are backlist titles. The rest are original self-published works.
The titles have been available as ebooks an average of seven months.The average price of the titles is about $3. About one-third have been discounted or offered for free for anywhere from a few days to months.
The earnings per title ranged from a few dollars to a current maximum of nearly $140,000.
For backlist titles, the average total amount earned over a book’s "e-lifetime" (as Hiatt refers to it) is $7,915. The median earned is $4,134.
The "average" usually refers to adding up all the numbers and dividing that sum by the number of numbers. The "median" is the middle number or the average of the two middle numbers.
When it comes to original titles, which have been available an average of 6 months, the total earnings to date averaged $12,548. The median was $5,150.
Hiatt reports the single highest-earning title in her survey was an indie original by a previously unpublished writer.
For the complete results of Hiatt's survey, click here to visit her blog.