Quote:
Originally Posted by Shiren
I don't understand how can an author think like that. Ebooks are great for authors because they remove the need for a publisher. That means more profit for authors and more authors for us. How many great books never got printed because publishers thought it wouldn't make money?
Before ebooks you needed : an author, an editor, a publisher and bookstores.
Now you just need : an author and an online store.
Let's say the online store takes 30% and sells the book for 12.99. That's $9 directly in the author's pocket. How much can an average author make selling pbooks through a publisher? 15%? Let's be generous and give him 25%. For a $25 hardcover copy, that makes $6.25.
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Yes and no, It takes more than just an author and an online store. It requires someone to format the book appropriately (perhaps the author) and someone the manage the sales(the online store perhaps) but the other big piece that is pretty much required is marketing, sales, (including getting reviews, articles, publicity, setting up author interviews etc. etc.). You've got to get the word out or the sales will be limited.
Oh, yeah and what the elf said about editing.