Pennies to Dollars
What is “Poor” anyway?
Kristine Kathryn Rusch aka Kristine Grayson who writes wonderful paranormal romances in addition to the popular blog kriswrites.com posted a telling article this week titled: Business Musings: Writer Finances Versus The Paycheck World. Kris is speaking of writers who made a mint early in our digital universe and now they don’t. Back in 2011 and 2012, an indie author who ran a book FREE and snagged Bookbub could depend upon hitting bestseller stats, plus many saw royalties in the six figures. Here’s why: In 2012 a FREE download counted as a full sale/priced book when the free unit returned to priced on Amazon. Then Amazon changed the algorithms that a free downloaded unit counted as one-tenth of a full sale/priced book. That leveled the playing field. Too, many of those books that hit the best seller lists did not measure up to what many readers consider Best Sellers.Read the rest of this entry »