Showing posts with label Amanda Hocking. Show all posts
Showing posts with label Amanda Hocking. Show all posts

Friday, August 10, 2012

Shhhh! It's a Secret!

Tip of the Day: I'm still a fan of spiral-bound desktop calendars. Find really cool ones at your local museum or arboretum instead of just picking up some generic 52 Cats calendar at your local bookstore. (Yes, I'm already thinking ahead to 2013.)

I was trying to think of blog post topics for this week when a traditionally published friend suggested I discuss why some loud & proud self-pubs jumped the ship and signed traditional contracts.

Is it the fame? The money? The stamp of approval? Is the self-pub end goal a traditional contract, no matter how much we scream that it's not?

Amanda Hocking says she wanted more time to just write. Honestly, I believe that. Self-pub is a lot of hard work that doesn't involve much actual writing time. There's marketing, social media, and promotional events. Hey, wait a sec, my traditional friends have to do those things too. Was it the formatting? Well, that can be hired out for a flat fee. Maybe it's the professional editing. Huh, that's something we can buy for a flat fee too. But yeah, with more management, there probably is more time for writing.

Jamie McGuire preached endlessly about how money should flow to the author, not away. She just sold her books to Simon & Schuster. In my mind, that tells me that the money is no longer flowing toward her - unless she got some incredible royalty rate that other authors don't receive. Or maybe she's betting S&S can get her more exposure.

Besides, let's assume her novel was at $2.99 when she self-pubbed. She would have made approximately $2 per sold ebook. Let's assume she's getting 25% now (which is probably generous) at $7.99 with S&S. Her royalty would be $1.99. Interesting, right? Same income, but now she's got a bigger team on her side. (It's totally possible my math is wrong due to a slight learning disability. Feel free to correct me in the comments - I won't be offended.)

Before anyone gets upset, this isn't a flame on these two authors. I've read Amanda's books and I love 'em. In fact, I'm meeting her tonight at my local bookstore. As for Jamie, I don't know her and haven't read her books, but we have friends in common who tell me she's total awesomesauce.

I have a feeling there's more to the story than we know. There could be a million reasons these two uber-successful ladies chose to change paths. One thing I do know is that traditional publishers have access to contacts that most indie authors do not. Sometimes the trade-offs are worth it.

Point is, authors are going to make decisions that puzzle us. Unless you're good friends with someone, you may never know why they made the decisions they did. It's okay to speculate, but hold off on judging someone. Until you walk in their shoes, it's impossible to truly understand.

As for me? Would I take a trad pub contract if it magically came my way? Depends on the terms, royalties, distribution, and a million-zillion other things. I'm a never-say-never gal. But I can tell you one thing - I LOVE self-publishing. I love the freedom it gives me to explore my imagination. I love owning the rights to my creation. Giving that up would be really, really hard.

Publishing, in any form, is a gamble. Support your friends when they win and when they lose.

Megg, Miss Enchanted ePubber

Friday, January 6, 2012

Introducing Me (Megg) and My 2011 Writing Recap

Tip of the Day: Don't be afraid of independent authors. There's some really great self-published books out there!

Hi! *waves* My name is Megg. I'm a former freelance parenting journalist turned ninja! Oh, well, in my imagination at least. If you want a basic bio about me, click here. Or you can strap on your seat belt and take a trip with me in my handy-dandy time machine.

I know we're supposed to recap our 2011 writing goals. I'm going to break the rules a bit (watch out, I tend to do that) and take you back to 2010. In the midst of a declining freelance parenting career due to poor economic conditions, I submitted novel queries to agents. Perhaps a bit obsessively. I knew there was a reason my freelance career was on the skids - it was because it was finally my time to shine as a novelist. <insert angelic music here>

I had completed two novels, ANATHEMA and SLEEPERS, and was absolutely sure I would easily be able to get an agent, get a book deal, and live the rest of my life in blissful happiness. Um, yeah, didn't quite happen that way. There were the agents who never responded (ugh), then there were the form letter rejections (ugh), and the sweet personal notes telling me my book looked awesome, but that it wasn't for them and never give up rejections (double ugh). There were quite a few who requested my full. I KNEW one of them would take me on. I had no doubt in my mind whatsoever.

Guess I should learn the difference between knowing something for a fact and hoping for something so deeply. One agent offered to take me on if I'd switch genres. That was a deal-breaker for me. One had me submit all my work to her. In the end she just decided to reject me and I'll never know why. Another held on to my work for nearly a year, kept promising to get back to me and never did. By the end of 2010, I was convinced my books would never, ever be read by anyone outside my critique group.

My BWF (best writing friend) Karly Kirkpatrick told me about epublishing. I scoffed. Self-publishing was for people who gave up, right? Not one to automatically dismiss any idea, I researched it. Karly & I talked, and talked, and talked about it. It wasn't until I saw the quality work being put out by so many self-published authors (Konrath, Amanda Hocking, Sarra Cannon) that I decided to jump in the epub pool.

There were no sharks - just eager readers. I'll swim with them any day.

Now we're in 2011 - I epublished ANATHEMA in February. OUBLIETTE in June. SLEEPERS in July. SEVERED in November. THE INITIATE in December. Over 25,000 copies of my books have been downloaded. I have countless new Facebook and Twitter friends. I have met so many new & amazing readers in the last year. I've also sold foreign rights to my books. I don't regret one moment of 2011.

If you follow my A2A posts, you'll learn more about how I accomplished so much. Believe me, I have a TON to say about it too. I'd really love to know what you guys want to hear. Leave some comments below or email me - meggjensen (at) gmail.com - and tell me what you want to learn about epublishing.

I'm so excited to be on A2A and thank you so much to the ladies for inviting me!!!! :D

-- Megg, Miss Enchanted ePubber