C h a z z W r i t e s . c o m

See all my books at AllThatChazz.com.

Writers: What are you worth?

At last week’s Writer’s Union of Canada conference in Toronto, an author asked the head of ECW Press: “Why should authors should get a royalty of 25% (of net) when they could get 70%  publishing on their own digitally?”

Good question. 

The question rose from a discussion of ECW’s new ebook imprint. The replies from the panel were interesting. First there was the assertion of the value of editorial input, an advance of $500 and a promotion budget of $800. Production cost was $1600. So, the publisher’s risk up front was $2,900. The ebook price was set at $9.95 (though Amazon dropped the price to $7.96.)

The publisher emphasized his risk, saying that most of these ebooks haven’t been runaway successes and, because they are solely digital, it’s difficult (or impossible) to get them reviewed in traditional venues. The Globe & Mail refuses to review ebooks, even though ECW is a traditional publisher. (Insert your own joke about the fragility of newspapers’  relevance here.)

By now, my objections to these answers are pretty obvious: 70% is more, the publisher’s price point is too high for the competition, hire your own editor (edit and hire a graphic designer for less than $1600 and format it yourself), $800 for promotion* , $500 advance and giving up e-rights  frankly doesn’t make me swoon.

Am I missing something here? And, as a writer, what about your risk? What about all your time and energy invested as a writer? It takes much more of your finite resources to produce a book out of nothing than it does to shepherd it through to publication. Right?

What do you think? I welcome your comments.

Next post: Promoting your book. 

Filed under: DIY, ebooks, publishing, self-publishing, Writing Conferences, , , , , , , , ,

Winner of Writer's Digest's 2014 Honorable Mention in Self-published Ebook Awards in Genre

The first 81 lessons to get your Buffy on

More lessons to help you survive Armageddon

"You will laugh your ass off!" ~ Maxwell Cynn, author of Cybergrrl

Available now!

Fast-paced terror, new threats, more twists.

An autistic boy versus our world in free fall

Suspense to melt your face and play with your brain.

Action like a Guy Ritchie film. Funny like Woody Allen when he was funny.

Jesus: Sexier and even more addicted to love.

You can pick this ebook up for free today at this link: http://bit.ly/TheNightMan

For my author site and the Chazz network, click the blood spatter below.

See my books, blogs, links and podcasts.

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 9,574 other followers

Brain Spasms a la Twitter

%d bloggers like this: