Here are three more free books from the Kindle Store -
- First, a romance novel – Weaving Words by Kim Knox.
- Midnight in Madrid by Noel Hynd. It’s rated 4.5 stars across 10 reviews.
- Conspiracy in Kiev by Noel Hynd. It’s rated 4.5 stars across 7 reviews.
The last two are both in the Mystery sub-section of books dealing with Christianity.
Also, The Kiribati Test by Stacey Cochran has dropped from 1 cent to $0.
Stephen Covey and the Amazon Exclusive.
Stephen Covey’s The 7 Habits of Highly Effective People is now available. Principle-Centered Leadership has also been added.
That’s really quick given the exclusive deal was just announced yesterday.
Here are three things people aren’t really talking about -
Why would Superstar Authors ever not sign with Amazon?
Traditional Publishers are giving authors 25% of proceeds from eBooks. Publishers are getting something like 50%. That means authors get 12.5%.
Amazon and RosettaBooks are offering over 50% of RosettaBooks’ share – which is probably 50% or more. That means authors get at least 25%.
What superstar author in their right mind will settle for half of what they could get?
How long can Publishers treat eBooks as a means to subsidize physical book inefficiencies?
The attitude Publishers have seems to be -
- eBooks are a nice little bonus we can make money from.
- Let’s make sure they don’t affect physical book sales.
- Let’s use the high profit margins in eBooks to keep our antiquated business model intact.
Sooner or later Publishing companies focused just on eBooks are going to eat Publishers’ lunch.
The power of Kindle and Kindle Store as a channel
Has there ever been as powerful a channel in selling books?
- You can get a book to readers in 60 seconds or less.
- Readers can buy and pay with just 1 click.
- You instantly have information on sales and popularity.
- Customers can add a review instantly.
- They can try out a free sample.
Publishers don’t really understand how huge Amazon’s advantage is.
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