Self-publishing is upending the book industry. One woman's unlikely road to a hit novel.
When I saw this article, I could not escape how many correlaries it help for Christian Writing. Bottom line, do not give up as a Christian writer
Read Part 1 Here = Part 2 HERE– JMb (ed ) <><
How Self-Publishing Allowed An Environmental Lawyer Became a Best-Selling Fiction Author Pt3
By ALEXANDRA ALTER – Wall Street Journal Books http://goo.gl/MztwL
She noticed that a lot of popular e-books were priced at 99 cents, and immediately dropped her price from $2.99 to 99 cents. The cut would slash potential royalties—Amazon pays 35% royalties for books that cost less than $2.99, compared with 70% for books that cost $2.99 to $9.99. But sales picked up immediately. "I did that to encourage people to give it a chance," she says. "I saw it as an investment in my future as a writer." The strategy worked. Several reviewers on Amazon said they bought the book because it was 99 cents, then ended up liking it.
She checked her sales several times a day, obsessively refreshing her Amazon page. In the first month, it sold 100 copies. When Ms. Chan saw the sales figure, she danced in her kitchen with her husband and toddler.
"We were saying, 'Wow, this is really cool. What if you sell 1,000? That would be awesome,' " her husband recalls.
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Then, at the end of June, "The Mill River Recluse" got a mention on a site called Ereader News Today, which posts tips for Kindle readers. Over the next two days, it sold another 600 copies. Ms. Chan realized she might be able to drive sales herself. She spent about $1,000 on marketing, buying banner ads on websites and blogs devoted to Kindle readers and a promotional spot on goodreads.com, a book-recommendation site with more than six million members.
After learning that self-published authors can pay tohave their books reviewed by some sites, she paid $35 for a review from IndieReader.com (IndieReader no longer offers paid reviews). She paid $575 for an expedited review from Kirkus Reviews, a respected book-review journal and website. The review service, which Kirkus launched in 2005, gives self-published authors the option to keep the review private if it's negative. Ms. Chan decided to have hers posted on their website. Kirkus called the novel "a comforting book about the random acts of kindness that hold communities together." She used blurbs from the reviews on her Amazon and Barnes & Noble pages. "I hoped it would lend some credibility," she says. "Most other reviewers won't touch it."
Sales kept climbing. In July, it sold more than 14,000 copies. That month, it was featured on two of the biggest sites for e-book readers, generating a surge of new sales. In August, it sold more than 77,000 copies and hit the New York Times and USA Today e-book best-seller lists; it later landed on the Wall Street Journal list. In September, it sold more than 159,000 copies. To date, she has sold around 413,000 copies.
Ms. Chan and her agent decided to resubmit the novel to all the major imprints, citing robust sales figures and rave online reviews. Some publishers have responded warily. A representative of one publishing house feared the book had "run its course," Ms. Liss recalls. Others worried about the novel's bargain basement price, arguing that an e-book that sells for 99 cents likely won't command a typical hardcover price of around $26.
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A few major publishers made offers, but none matched the digital royalty rates of 35% to 40% that Ms. Chan makes on her own through Amazon and Barnes & Noble. Typically, most publishers offer print royalties of 10% to 15% and digital royalties of 25%. Simon & Schuster offered to act as a distributor, but Ms. Chan wants the book to be professionally edited and marketed.
Ms. Liss says that the offers from U.S. publishers so far don't improve much on what Ms. Chan is making on her own. She's made around $130,000 before taxes—substantially more than a standard advance for the average debut novelist—and she's getting a steady stream of royalties every month. "I told Darcie, at this point you're printing money. They're not. Go with God, we'll sell the second book," Ms. Liss says.
In the meantime, there's interest from other corners of the industry. Multiple audio-book publishers have made offers. Six film studios have inquired about movie rights. Two foreign publishers bid on the book. Ms. Chan is holding off on such deals, for fear they might sabotage a potential contract with a domestic publisher.
Ms. Chan still wants to see her book in print. Several librarians have contacted her seeking print copies after patrons requested her book. "I have people writing me begging me for a hard copy, book clubs and libraries calling me, and I don't have a hard copy to provide for them," she says.
Ms. Liss advised her to work on a sequel set in the same town, with some of the same characters. Ms. Chan has written two chapters. While she would love to write full time, for now, she still sees writing as more of a hobby. When people ask her what she does for a living, she says she's a lawyer. But she's still holding out hope that a publisher will buy "The Mill River Recluse," edit it and sell it in brick-and-mortar stores.
"The hardest part for me is uncertainty," she says. "I deal better with rejection than uncertainty."
Christian Writing, self-publishing,best-selling, fiction author,Darcie Chan, The Mill River Recluse