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Self Publishing and Marketing Your Book Online

 
Author: Michael Mould

It would seem that with the Internet and the online marketplaces at their disposal all that an author would need to do to be successful is write a book, have it printed by a reputable print on demand publisher, and put it up for sale online. To some extent this is true and a few copies will probably sell, but what about the authors that want to sell 1000+ copies of their books?

As the owner of the copyright, you can enroll in the Amazon Advantage Program and have your book sold by Amazon.com. This will almost certainly boost your sales; all you have to do is pay Amazon an annual subscription ($30.00) for the honor of being in the Advantage program and 55% of your sales in Amazon commissions. Sound really appealing doesn't it? You could also pay Amazon several hundred dollars each month to participate in their "Better Together With" program and have you book advertised on the product page of another good selling book, but you better plan on selling a lot of copies to recover your investment.

After spending hundreds of hours writing your book, $10.00 to have it printed and shipped to you, another $3.00 to ship it to Amazon, you sell it for $30.00, pay Amazon $16.50 to sell it, and you get to keep $3.50 for your insignificant role. If you sell 300 copies the first year through their Advantage program, this is effectively reduced to $3.40 because you also have to factor in the $30.00 membership fee. In the end, your print on demand publisher ends up with 33% of the final sale (the $10.00 you originally paid for each book), Amazon.com ends up with 55% (plus whatever the membership fee distribution ends up being over the number of books sold) and you get about 12% of the sale. If you also enrolled in their "Better Together With" program, you are out a few thousand dollars. As an author myself, I found this entire scenario unacceptable and did some research.

There are alternatives that should be considered, and the one that stands out is to sell your book yourself through the Amazon.com marketplace as an independent bookseller. There are costs associated with this as well, and the type of merchant account you choose should depend on the number of books you anticipate selling. If you are a low volume seller (less than 40 books per month) you should opt to pay Amazon.com 15% in sales commissions plus $1.00 per sale. For those that anticipate selling more than 40 copies of their book per month, they can enroll as a Pro Merchant on Amazon.com for $39.99 per month (first two months at 1/2 price) and pay the same 15% in commissions. In either case you can sell other books as well and generate a nice supplemental income.

If you would like to know more about marketing your book online, or online bookselling in general, visit http://www.online-bookselling.com, or email Michael E. Mould at: mike@online-bookselling.com

Author Bio:

Michael Mould

Michael Mould is a licensed professional engineer in the State of Washington and by day is a Flight Test engineer. Several years ago, to earn a supplemental income, he and his wife started an online-bookselling business to finance their shared travel hobby. As a consequence of the bookselling success, several friends of friends asked to learn the business and Mike coached them to be successful online booksellers as well.

The requests and coaching became overwhelming and Mike decided to write a book about online bookselling that captured everything he could put in writing about the subject. The result, "Online-Bookselling: A Practical Guide with Detailed Explanations and Insightful Tips," [CD-ROM ISBN 1599714876, Paperback ISBN 1427600708] was made available in February 2006 with the initial CD-ROM release.

Being an engineer (a.k.a. someone that enjoys torturing data and making it conform to the likes of graphs and charts) and having a dislike for spending time filling out tax forms, Mike developed "Bookkeeping for Booksellers," [CD ISBN 1427600694] a 19 sheet linked Excel Workbook that did all of the record keeping for his online bookselling business. Also being one that did not like to see only the numbers, Mike incorporated 55 graphs so that he could see at a glance how his online bookselling business was performing.

All of these works have received very positive reviews and Mike has really enjoyed the feedback and correspondence with his customers. Since he also enjoys writing very much, you can expect additional works on this topic as well as others.

You can search for this article using: lifestyle books, christian books, childrens books, comic books, children's books, baby books
 
 
 

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