.99

I have changed The Demon Girl eBook to $0.99/£0.70 across all eStores.

Why the change? Well;
  1. Other indie eBooks are priced so cheaply to compete with traditionally published books it makes mine look expensive in comparison
  2. I’m an Unknown Indie (yes there are Indie’s and there are Unknown Indies)
  3. It’s not realistic or sensible for me to compete with these cheaper Indie reads as I emerge (think butterfly from chrysalis not monster from bayou, lol).
  4.  It would be less than smart to raise a price barrier between me and my younger readers

I’ve noticed a lot of Indie’s doing number crunching and tracking their financial journey, which I think is a good idea. So I’m going to share some of my sales figures. Now, mine are not earth shattering, but I’m happy with them. The extra cash has been fun to play around with (I work a grueling nine to five for my wage packet to live on, so yeah, play Fletcher play), but on my blog browsing travels I’ve seen Indie’s lament single digit sales for their first months. Why? There is nothing to be upset about! You sold A book didn’t you? It’s one more than you've ever sold before, and if you have written a good book more will come (and I send all upcoming Indie’s good wishes and positive thought vibes).


Anyhow, from Oct to Feb I offered TDG for free, but as we know with the Kindle store you have to set your list price to at least 99 cents, so I did get some sales. Here is a breakdown of Kindle sales Oct2010 to Feb2011 for US and UK;

Month
Net Units
Royalty
OCT
7
$2.45
NOV
123
$43.05
DEC
7
$7.35
138
$247.20
JAN
10
$10.50
265
$508.82
FEB
331
$469.33
TOTAL
$1,288.70

Month
Net Units
Royalty
OCT
11
£2.42
NOV
3177
£698.94
DEC
10
£0.00
JAN
11763
£3.96
FEB
7346
£0.00
TOTAL
£705.32

The high unit numbers with no/low earned royalty is where my books sale price was free in case you were wondering. As you can see my US stats are low, but are growing steadily, so I am hoping there are more readers to come from over the pond.

The grand total is £1,510.00 (which roughly equates to $2,415 depending on the exchange rate). So in five months I've still made less then my monthly nine to five salary. Being a full time Indie Author is definitely an uphill climb that will take me a couple of years! If in two years I reach 25 and I am a full time writer I will ... I will ... oh I don’t know, I will do something fun and imaginative and mildly uncomfortable at the time.

Now the book is paid across all platforms it will be interesting to see how things progress.

5 comments:

  1. This is truly fascinating stuff. I was going to ask you about this tomorrow but now I know!

    I wish you all the best, and I hope to be up there with you by the end of the year.

    Only 15 minutes until I can go home and download Lunar Light!!!

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  2. Congrats! Those are awesome numbers! I publish my first book at the end of the month and I am super nervous/scared. I hope I do as good as you.

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  3. Stu, you lucky thing. I'm STILL at work, lol!!! C'mon on 17.30! And I would love to help you with your cover! We'll talk at some point.

    Megan - you only have to snag 18 sales since that was what I sold in my first month on Kindle, lol. But Released certainly looks interesting, and I'm looking forward to reading it! Would love to have you on here for an interview after it's up and kicking ... so to speak!

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  4. You're doing really well Pene :) And your gorgeous cover would grab anyone's eye. I've put mine up recently (as you know) and sales are actually (surprisingly!) the same! the big difference now is that 1 book sale at 2.99 is the equivalent of 7 at .99c and I love how you can change the price overnight! It's great for doing a special sale for a week/month etc.

    Well done on your sales and onwards and upwards!

    The Arrival, Book 1 of the BirthRight Trilogy available now

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  5. Hey Nic, the $2.99 price point is a good one. Volume theory seems to be something that either works or makes no difference to a book. There's no guarantee that at .99 your sales will increase ... my book did better on Kindle at the higher price point, but $2.99 as a debut price would not have helped me with the other eStores, I think. Cool. Onwards and upwards we go!

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Ta!