First a couple of announcements—
1. On September 23, Author Earnings released a new report that ALL writers should see. Especially if you’re locked into traditional publishing or if you’re on the fence.
The previous report I mentioned talks about market share in ebooks from traditional publishing vs. indie publishing. So it was kind of abstract.
But this report shows the actual distribution of income to individual authors who choose to publish traditionally vs. independently. This probably will surprise you. And if you’re an indie publisher, it will surprise you in a very good way. http://authorearnings.com/report/individual-author-earnings-tracked-across-7-quarters-feb-2014-sept-2015/. I encourage you go follow this link and sign up to get your own reports as they come out.
2. Yesterday, September 30 2015, was the final day for my Daily Journal blog. I created a spreadsheet that enables me to track what I write, how long it takes, and my daily, monthly and annual numbers. So no more need for the journal.
However, past editions of the journal will be available on this site for a limited time in case anyone wants to go back over some of them for the topics. Just click the tab.
3. And a note — If you self-publish, you are an indie publisher. If you publish through ANY subsidy publishing house — in other words, if you pay money to a publishing company to publish your work PLUS they keep a share of your royalties — you’re not an independent publisher. You’re just lost. Please don’t fall into that trap, and if you’re already in it, please do yourself a favor and break free. Every subsidy publisher, every place that charges you an up front fee PLUS keeps a share of your royalties, is a scam.
Okay, back to your regularly scheduled programming. (grin)
If you are an independent (self) publisher, this is an important post for you.
In the previous post, I busted a few of the myths of digital publishing. In that, I talked about the distributor, Smashwords. Recently I decided to leave Smashwords behind and switch all my distribution to Draft2Digital. Below is why.
Now this was strictly a business decision, as you’ll see below. If Smashwords cleans up their act quite a bit, I probably would go back to them, at least for partial distribution. This post appeared in slightly different form in my other blog, the Daily Journal.
Back in 2011, during the first year of the “gold rush” of electronic publishing, I signed up for a Smashwords account. Today, I have 143 books (nonfiction, novels, short stories and collections) published with them.
When I finished a work, whatever it was, first I published it to Smashwords. I allowed them to distribute it for me to 12 of 13 sales venues (all but Amazon). Then I published it to Amazon.
Enter Draft2Digital http://draft2digital.com, a sleek new company that does what Smashwords does but MUCH more quickly and efficiently. They distribute to the same “big six” that Smashwords distributes to (Apple, B&N, Kobo, Inktera, Oyster, and Scribd) plus Tolino, a growing ebook store in Germany that was created specifically to rival Amazon.
Yesterday, I published a short story to D2D and Amazon, but for the first time, did NOT publish it to Smashwords. Why? Because then I’d have to clunk my way through the “opt out” radio buttons thirteen times so Smashwords would not distribute it (because D2D is distributing it).
Now admittedly, if I HAD done all that, the story would still be available in the Smashwords store, and I’m always advising writers to sell in as many markets as possible. But the thing is, having to spend a half-hour clunking around on Smashwords’ site just so a short story will be in their store… well, it simply isn’t worth the time.
Another thing, through the Smashwords online store I’ve sold mostly nonfiction. And most of that I’ve sold when I’ve created coupons for it, and then advertised the coupons. Again, it’s a lot of effort for very few sales.
I’m not lazy when it comes to expending necessary effort, but any time I spend uploading etc. is part of my investment in my writing. Since it’s part of the investment, I have to consider what return the effort will yield.
Here are a few stark numbers:
- At Amazon.com it takes me about 15 minutes from clicking Create New Title to clicking Publish IF the process is uninterrupted by Amazon’s ridiculous page-loading times and jumping around. Probably the average time is 20 to 25 minutes. However, Amazon is currently my best venue, so the frustration, while annoying, is worthwhile.
- At Smashwords.com it takes me about 10 minutes to go from entering the title of my book to clicking Publish at the bottom of the form.
- But then I have to go to their ISBN Manager to assign an ISBN for distribution to some of the big six as well as several tiny library venues (where I’ve never sold a book).
- Then I have to go to their Channel Manager. There I have to find my book (there are three pages) and then click thirteen “opt out” radio buttons one at a time so Smashwords will not distribute to anyone except the Smashwords.com online store.
- Even after I’ve done all that, even though I’ve opted out of distribution to every place that requires an ISBN, I continue to see a message saying I need to assign an ISBN to my books. Very, very clunky system. I skip over the ISBN Manager since I no longer use them for distribution, but using the Channel Manager easily adds another 10 minutes and roughly half a ton of frustration to the process. Not worth it.
- And D2D. Ahh, D2D. At Draft2Digital.com it takes me about 3 minutes from Add New Book to Publish. On the final page I check the stores to which I want them to distribute my work (so seven checkmarks), verify that the work is either mine or that I have the rights to publish it, and I’m done. They assign an ISBN for the venues that require it, but I don’t have to do anything with that.
D2D does for me what Smashwords does but in a lot less time and with absolutely zero frustration. Score!
So for me, it’s bye-bye to Smashwords. I might put my major publications (novels, collections) up in their store, but frankly I doubt it. I really REALLY don’t like having to “opt out” 13 times per publication.
Now I’m a fair guy, so I will be addressing this issue with Mark Coker soon. Well, relatively soon. I probably won’t do so until I’ve moved my major nonfiction books over to D2D. Anyway, I’ll keep you updated, but I think he’s pretty entrenched in the way he does things.
So it’s like this. Five years ago, Mark and his company were on the cutting edge of ebook publishing and distribution. Today they’re eating dust from every other major player.
If you have any questions about any of this, I’d be happy to try to answer them for you. Please ask in the comments section below.
‘Til next time, happy writing.
PS: UPDATE: I’ve also found another sales venue. To look it over for yourself, visit OmniLit.
Note: If you find something of value in these posts or on this website, consider dropping a tip into Harvey’s Tip Jar on your way out or just click paypal.me/harveystanbrough. If you’ve already contributed, thanks so much. If you can’t make a monetary donation, please consider forwarding this post to a friend or several. (grin) Again, thank you.