It’s not only big-name authors that are finding success in e-books. We at E-Book Architect have been helping authors create, market, and sell their e-books online for years now with great success. Many of these people are first-time authors and are often amazed by the success of their e-book sales. Below are some of their e-book writing tips.
Don’t underestimate the power of the E-Book
E-Books are still looked upon as unpopular by many authors who have not yet taken the time to learn about the success within this industry. For example, while the traditional publishing industry growing at the sluggish rate of 5% a year the digital publishing industry is growing at rates between 30% -50%. This means that the opportunities within the publishing industry are growing at a fraction of the rate that opportunities within the digital publishing industry are growing.
To set up an e-book you don’t need to be a tech wizard
Setting up an E-Book site is virtually costless and you keep 100% of the profits
With traditional publishers, you’ll be lucky to see 10% of the profits from your book. With e-books, however, you keep 100% of the profits minus the fees required to set up the site which are minimal. Here is the fee breakdown for e-books vs traditional books
E-Book vs Book cost
E-Book = Free to create an unlimited number of copies
Book = Approximately $1500 for 200 copies of a 200-page softcover book
Rights and profit
E-Book = You keep 100% of the profits and rights to your e-books
Book = You get 10-40% royalty (usually about $2-$5/ book)
With the above examples, it is easy to see that for first-time authors e-books make a lot of sense. The risk associated with publishing an e-book is much lower than it is with distributing a soft or hardcover book. Likewise, as an e-book author, you’ll keep virtually all of your own profits.
If nothing else, it is something worth considering. E-Books may not replace traditional paperback books, but they certainly are gaining popularity at a rate that should make all authors stop to think about how they could use e-books to their advantage.