There Is No Magic Bullet in Self-Publishing
Today’s post is based on this video I watched yesterday on You Tube:
I really like Dale’s videos. He’s usually quick and to the point, and I find that he does a good job of offering a balanced view of things.
That in mind, he also did a video on why you SHOULD publish on Amazon, too. Here it is so you don’t have to rush over to You Tube to find it:
For today’s post, I wanted to piggyback off of the first video because a few thoughts came to mind as I was watching it.
Quick disclaimer: I believe you should be on Amazon with ebooks. Dale brings up a situation where the author did better not going on Amazon, but most of us will have ebooks under $9.99 to sell over there, and in that case, it’s wise to be on Amazon.
That disclaimer aside, let’s get into the content of this blog.
There is No Magic Bullet in Self-Publishing
1. Just because you write it, it doesn’t mean people will find it.
I know this isn’t exactly breaking news, but there’s still this idea floating around out there that if you’re on Amazon (especially KU), you’re going to be earning a livable wage in under a year. Yes, there are people who are killing it on Amazon. I’ve met them. But it takes work to get noticed.
Dale is right about 2015. Before 2015, it was super easy to get noticed over there. You pretty much could write the book, publish it, and go off to write the next book. The algorithms on Amazon pushed you up without much effort on your part. It was a beautiful thing. Early on (like 2011 to 2012), Kobo and Barnes & Noble would push up indie books, too, but that lasted for maybe a year. So Amazon was definitely the indie author’s friend.
Despite everything, Amazon is still the friend of the indie author because even if you aren’t in KU, it’s still easier to get noticed over there. There are some authors who make more wide, but a lot of authors still make more money on Amazon than the other wide retailers. I’m one of them. Even not being in KU, I still make more on Amazon. That’s why I suggest being on Amazon with your ebooks. It’s one more piece of the pie you can have.
However, you have to do some marketing to get noticed. You can’t write the book, slip off into a corner, and watch the money come in. You have to work at it. The term “pay to play” fits. I don’t run a lot of ads. An author friend I have ran Amazon ads on her KU books and her wide books, and she found that Amazon pushed the ads with the KU books a lot more. So I don’t bother with Amazon ads.
I do, however, find success with Freebooksy ads, and I’ll run those to help give my backlist a boost. The first in a series free strategy still works, thankfully. I’m not a heavy marketer. That’s why I don’t make the kind of money I did back in 2013-2015. But the ads and permafrees do keep me afloat.
I’ve also found some success with pre-orders on Apple. This isn’t a big and wild success, but it does help to pay the bills. The longer you can have a pre-order up at Apple, the better. I even find that I make more on a new release on Amazon if I have it on pre-order for at least one month before it comes out. But again, you have to let people know about these pre-orders. You can’t just put it up and never mention it.
You should pick the marketing method that best appeals to you. I hate marketing. I find it physically draining. That’s why I use the path of least resistance. (Freebooksy ads, permafrees for Book 1 in a series, and pre-orders.) And guys, my strategy doesn’t yield megabucks. It’s enough to get by if you are getting books out on a consistent and frequent basis. The minute I go longer than two months between new releases, my income takes a nosedive. In my opinion, fresh and new content is a necessity if you’re not very good at marketing. If you are good at marketing, you can utilize your backlist to your advantage if you don’t want to be writing all the time.
2. Amazon has strict and ambiguous guidelines. Being on all retailers is, in my opinion, the best strategy.
Dale mentioned this in the video at the 3:49 mark, and he’s right. Things change. Nothing stays the same. You have to be flexible.
One of the benefits to being in this business for a little over a decade now is that I’ve seen things change across multiple retailers. I remember when Barnes & Noble wouldn’t publish an indie book. I remember when Kobo was created. I remember when you could make paperbacks on Amazon using CreateSpace. I remember when Amazon didn’t require exclusivity in order to get special visibility on their site. I also remember when authors weren’t able to do pre-orders unless they were with traditional publishers. Heck, I remember when traditional publishing was considered way better than indie publishing. I’ve been around so long, I even remember when MySpace was the place to go!