Challenge,  On Writing,  publishing

ADVANCED MAGIC BAKERY… Chapter Fourteen

Chapter Fourteen… Magic Paperbacks…

Today talking with a friend on the phone and he told me he had just bought two of my writing books for his granddaughter. Seems she is reading a ton and loving the idea of writing her own books. Cool that he did that.

Then he asked how much I made on the books.

I said, “Electronic… 70%.”

He said they were paper and told me which ones. Both are thin and priced at $12.99.

I told him I made about six bucks total for the two books, and he said, “Wow, that’s not bad.”

He was right, not bad at all.

He asked how many copies I had originally printed and I said none, the two books he ordered would be printed and shipped to his granddaughter directly in two or three days.

“So you don’t do print runs?” he asked.

“A term from last century,” I said. “I never see them or touch them and the money just appears in my account in 60 days.”

“Can’t beat that,” he said.

And I realized he was right. Another area of the magic bakery.

I just uploaded the base file of the book, the cover, and sales information and price and when a customer wanted a paper book, it was printed and shipped to them in days and the profit was sent to me.

Not bad at all.

The magic pie that is that book still sits fresh and whole in my bakery, even though a physical copy of the book is out in the world.

The First Sale Doctrine of the copyright law says my friend’s granddaughter can do anything she wants with that physical book after she is done with it. (As the copyright holder of the contents, I have no say.) I hope she donates it to a library or a charity with a bookstore so others can find it, read it, and maybe look for more of my books.

But she can put it on a shelf and give it to her granddaughter in forty years. It is her copy.

She owns the book, Other people can own that same copy of the book later on. I still own the contents in my magic bakery.

Electronic books can not be resold or even given away. They are a one-time use license.

Recent studies have shown that a physical book will find 6.8 people over its lifetime. All those are readers who might like what I wrote and look for more of my work.

Writers who do not do physical books in this print-on-demand world are missing a very large cash stream into their magic bakery. There are a lot of us who only read print books.

 

3 Comments

  • Kristi N.

    This. For some odd reason, I sell more print books than ebooks, even though I did a couple Stuff Your Kindle giveaways. The books pop up on eBay from retailers, and in odd bookstores all over the world, from Powells and Waterstones to niche shops in Boston and Ann Arbor. My interior formatting needs work, but I figure once I have the templates set up for each series, it will be much easier and I won’t have to keep going back to fix things other than adding books in the series every now and again.

  • Emilia

    “I hope she donates it to a library or a charity with a bookstore so others can find it”

    When I have books out I plan to leave copies in library donation shelves as a form of promotion. I think you also mentioned doing so in a workshop.

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