I started my indie journey with one goal in mind: get my books in the hands of the most readers possible. Not a bad goal, right?
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In service of that goal, I have tried to remove as many barriers to my books as possible.
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No Heart for a Thief has been a $0.99 ebook since it released, with the notable exception of the two free sales I ran in 2023, giving away over 3,400 ebooks.
I have given away review copies to any reviewer who has asked, with the exception of those looking for payment for reviews.
No Heart for a Thief and No Safe Haven are both on Kindle Unlimited.
My novella, Don’t Bloody the Black Flag, is free for anyone who signs up for my newsletter.
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To an extent, this strategy has worked. I am honored by the number of people who have read my books, reviewed them, shared cover reveals, or done anything to help spread the work about the stories I write. However, I don’t 100% buy into this strategy any longer.
The indie publishing world moves extremely quickly. This strategy got very popular and the field of $0.99 ebooks is saturated. The low price doesn’t make books stand out in the same way it once did.
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Additionally, I have come to understand what it will mean to be in this long-term. For many authors, it takes several books—even several series—to find the readership they need to make their passion financially viable. There are the standout examples of authors who connect with a large base quickly, but that hasn’t been the case with me.
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This is not a woe-is-me moment. This is me acknowledging that it is time for a change in course.
My goal has changed. I want to sell enough books to make being an author financially sustainable. Without getting too far into the numbers, I lost over $7,000 in my first year of publishing. That’s not unheard of with the costs of editing, cover art, and everything else. However, that is not something I can continue doing.
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Given time, I believe my books will earn my money back. In the meantime, I need my sales to help me with my next release and the one after that.
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I am not looking to make large amounts of money—though it would be nice. I’m looking at you secret billionaire Malitu fans. However, I am looking to lose less of it so that I can write all the series in my head. I have more stories I want to tell you all.
So how does this affect my pricing?
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My novella will still be free for newsletter subscribers. I still intend to keep my pricing low. However, Amazon offers 30% royalties on ebooks under $2.99 and 70% royalties on ebooks over $2.99. There is an additional handling fee, but it isn’t a huge factor. Brass tax, I make about $0.30 on a $0.99 ebook and about $1.99 on a $2.99 ebook.
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Breaking that down: by raising the cost of No Heart for a Thief by $2, I earn about $1.69 of that price increase per book.
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For those of you unwilling to pay $2.99 for an ebook, I will still take part in a few sales every year. I will still offer review copies of my paperbacks to honest reviewers. But I need to focus on longevity.
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For those of you asking why the hell are you writing an essay about a $2 price change, I think transparency is important. Fans of indie authors enjoy supporting the community. And indie authors, especially debuts, are always looking to learn from other people’s strategies.
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And before you can ask, yes, I will continue to share my costs and sales reports about every 6 months.
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All of this is a long way to say, the Narratess Indie sale from April 13-15 will be the last time to get a No Heart for a Thief ebook for $0.99 for a while. If you’re interested, No Safe Haven will also be $0.99 for the sale as well. After that, No Heart for a Thief will be $2.99 and No Safe Haven will be $3.99.
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Thank you for your support. I hope this strategy helps me continue sharing my stories for years to come, and as always, I look forward to sharing my experiences with you.
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