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Susan Grossey

~ Author of books on financial crime and money laundering

Susan Grossey

Tag Archives: pricing

The nitties and the gritties of indie publishing

08 Wednesday Jan 2020

Posted by Susan Grossey author in Uncategorized

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Amazon, Barnes & Noble, free download, Gardners, Heir Apparent, pricing, Samuel Plank, Waterstones

Much as I love being a self-publisher author – or what is now called an indie publisher – there is a lot to remember.  Writing the books is really only a part of it; keeping up with all the publishing of those books is administratively heavy and can overtake me at times.

Yesterday, for instance, I was looking at my listings on Amazon and noticed that my free guide to the Sam Plank series – the little publication that offers the first chapter of each Sam Plank book as a taster and a lure – was priced at 99p, rather than free.  Nowadays you are not allowed to list items as perpetually free on Amazon (special offers only), but one way to achieve the same aim is to list the item for free on a competitor site and then ask Amazon to price-match that product.  My Sam guide is available on the Barnes & Noble website for just this purpose, and Amazon has always price-matched it on their UK and US sites.  But it seems that this is not a forever done deal, because – as I noticed yesterday – Amazon had unilaterally re-priced it to 99p (and $1.29 in the US).  Thankfully the mechanism for asking them to instigate a price match is now quite simple – there’s a template email provided in the KDP help system – but it does rely on the publisher (i.e. me) spotting in the first place that the price has been unmatched.  Anyway, email sent yesterday and price re-matched today, to zero.

Also yesterday, I went into my local branch of Waterstones to check that my titles are appearing on their ordering system, after all my efforts to be accepted as an indie publisher by Gardners.  And that was when I realised that I had failed to tell Gardners about “Heir Apparent”, which is therefore absent from their catalogue – and presumably missing out on thousands of orders up and down the land…  (For the record, I have yet to receive a single order from any bookshop via this hard-won Gardners route, but I am sure my day will come.)  I really must create a check-list of things to be done once a book is actually published, and stop thinking of publication day as the end-point – it’s only the beginning for the indie publisher!

(As for the title of this post, I once heard a speaker at a professional conference who was from France; his accent was divine, darlings, and my heart was completely won when he talked of having to adjust his bank’s procedures to take account of “ze nitties and ze gritties” of some new legislation.  From that moment on, the phrase has been a very welcome part of my vocabulary.)

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All that effort – for nothing!

11 Saturday May 2019

Posted by Susan Grossey author in Uncategorized

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Amazon, Draft2Digital, e-book, Kindle, pricing, Samuel Plank, Smashwords

I tell you, wrestling with Amazon is the aspect of the indie writer’s role that no-one warns you about.  As I mentioned a mere nine days ago, I have created an official guide to the Sam Plank books, which includes the first chapter of each book, to whet the appetite, and a glossary of Regency terms, as well as links to encourage people to sign up to my newsletter and indeed to buy the books.  I want to give this guide away – in Kindle form only – but Amazon is not keen on listing books for free.  This is understandable: they make their money by keeping a little cut of the price of each book they sell, and if it sells for nothing, they get nothing.  That’s not to say they don’t run their own promotions, listing Kindle books for free – indeed, you can always download free books from Amazon – but they like to call the shots, having made (I assume) the decision that the giveaway will increase sales in the future.

But thanks to excellent advice from members of the sainted Alliance of Independent Authors (ALLi), I knew that there was a way to force Amazon’s hand.  And this is what you have to do:

  • Create an alternative version of the book for uploading to Smashwords – another e-book distributor
  • Create an alternative version of the book for uploading to Draft2Ditigal – another e-book distributor
  • Upload the book to these two platforms, giving the price as zero – they both permit this, whereas KDP (the e-book publisher for Amazon) does not
  • Wait a couple of days for Smashwords and Draft2Digital to publish the book and distribute it to – importantly – Amazon’s main competitors, Kobo and Barnes & Noble
  • Find the book listings on those two competitor websites, showing the price as zero, and save links to those listings
  • Find – deep, deep, deep within the Amazon help system – the option that allows you to send a price match request to Amazon, including the links to the listings on Kobo and Barnes & Noble
  • Receive a standard reply from Amazon: “Thanks for the pricing information. While we retain discretion over our retail prices, I’ve passed your feedback on for consideration.  We’ll need a little time to look into your issue.  We’ll contact you and provide more information soon.  Thank you for your patience.”
  • Check the Amazon listing feverishly every ten minutes or so for four days
  • Cheer mightily when – this morning – the freebie appears!

Of course, Amazon can change its mind at any time and revert to the official price that I was forced to enter when publishing the book with KDP – the lowest they offer is 99p.  And it’s showing as free only on Amazon.co.uk at the moment – the other Amazons have yet to catch up.  But it’s progress and in the indie publishing world that’s to be celebrated, when nothing is ever as simple as you think it should be!

So now, folks, please make it worth all the anguish and send this link on to everyone you know so that they can all download the guide – it’s the gateway drug to the Sam series and we need to get pushing!

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Boxing clever

01 Friday Mar 2019

Posted by Susan Grossey author in Uncategorized

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ALLi, Alliance of Independent Authors, box set, glossary, indie publishing, Kindle, pricing, Samuel Plank, self-publishing

As many of you will know, the “indie” (independent) publishing world is very co-operative, very inclusive and very helpful.  I belong to a marvellous organisation called ALLi (sounds like “ally” and it’s the Alliance of Independent Authors) and their members’ forum on Facebook is the place to go with all manner of writerly and self-publisher-ly queries.  The joy is being able to follow in successful footsteps of those who have gone before, and it is in that spirit that I have created my first box set of Sam books.

Before you get too excited, I should clarify that it is an e-box set of e-books – nothing physical here.  The idea is that readers of series really like series, and box sets appeal to them.  If you set the price right it can represent a saving on buying individual titles – and readers do love a bargain.  And if your series is longer than the box set, you are encouraging people to persevere further into the series.

As for how much work is involved, it’s not too onerous.  Obviously you have to create a single file out of the separate book files – for me, this was a fairly simple cut and paste exercise, with a bit of jigging to create one glossary out of two.  You then have to put an overall title at the beginning; in my case, I went for the rather predictable “The Sam Plank Mysteries Box Set One: Books 1-3”, with the three separate titles listed below.  (I said “Box Set One” in case I decide to do another one with later titles.)  And then I put bookmarks and hyperlinks into this title so that people can jump straight to the book they want – although I imagine that most people will read straight through, and the Kindle keeps your place.

Then there’s the cover.  I did contact my cover designer to ask about cost but decided that I could do something myself that is just good enough.  After all, the individual covers are eye-catching and beautiful, so I simply created a single image out of the three covers.  I have no talent at all for design, so I went to the ALLi forum and put up two different options for the cover – and people very kindly suggested various improvements (including having the faces looking at each other instead of turned away, although I do worry that the yellow fellow is now staring rather too appreciatively at the red girl).  And here it is:

Box set large 2

With combined interior file ready and cover assembled, all I had to do was upload them to KDP – and decide on the price.  The total price of buying the first three Sam books in Kindle version is £9.97 so I priced the box set at £5.99 – in effect, people get the third book free.  I uploaded it yesterday, and so far I have sold one.  As ever, I’ll keep you posted.

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The fastest sale in the west

09 Monday Apr 2018

Posted by Susan Grossey author in Uncategorized

≈ 3 Comments

Tags

bookshop, Faith Hope and Trickery, Fatal Forgery, G David, pricing, sales

Last week I told you about the fabulous window display in David’s bookshop in Cambridge.  But if you peer closely, you will see that something is missing: the first book of the series, “Fatal Forgery”.  Of this particular blue volume, the shop was – shock! horror! – out of stock.  So I emailed them to point out this dire state of affairs and they asked me to drop off two more copies.

When I was next in town, I did just that.  The nice chap with whom I deal – a motorcycle enthusiast called Brian – was in the antiquarian department of his shop chatting to two American ladies.  He broke off his conversation to say hello and I handed over the two books.  “What’s that?” asked one of the ladies, holding out her hand.  “Historical fiction?  London?  Regency?”  She read the first page.  “I’ll have it!”

In short, I watched a bookseller make a 100% profit on my book before my very eyes, and was delighted to do so.  If I could immediately sell half of the books I deliver, I’d be laughing all the way to the bank.

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All by myself

20 Tuesday Mar 2018

Posted by Susan Grossey author in Uncategorized

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Cambridge University Library, CreateSpace, Faith Hope and Trickery, Fatal Forgery, Kindle, pricing, self-publishing

You know that saying, “God grant me the serenity to accept the things I cannot change, the courage to change the things I can, and the wisdom to know the difference”?  Well, I am really struggling today with that first part – accepting things I cannot change.  One of my reasons for publishing “Faith, Hope and Trickery” on the date I did was to have my own big box of books from CreateSpace in my grubby paws by today, because tomorrow I am off on holiday for a week (hurrah!).  In order to do that, I paid handsomely for super-duper-über-speedy delivery.  And I waited.  Last Thursday I had a little email from CreateSpace to say that my parcel had been dispatched, and giving me the UPS tracking numbers.  Of which UPS had never heard.  And – skipping over the boring bits – yesterday I heard from CreateSpace: “I researched your account and found an unexpected delay in the shipping process.  We’re working to resolve the technical issue and will ship your order as soon as possible.”  With the best will in the world, that parcel is not going to arrive today.  And breathe….

On the positive side, two bookshops have already said that they want to stock the book – one is taking three copies, and the other is taking ten.  I have three reviewers lined up, champing at the bit to get their books, and of course I want to stroke my vanity by submitting a copy to the hallowed archives of the University Library.  All of this, however, will now have to wait until CreateSpace remembers that its role in life is to print books and send them out.  I bet this doesn’t happen to John Grisham.

(On the matter I raised the other day – about whether to keep “Fatal Forgery” as a bargain Kindle book – one friend has said this: “My instincts around your 99p question is that if you price something too low, then people may cease to value it.  I find myself not buying really cheap books in the supermarket because I imagine they must somehow be ‘bad’ books if they are that cheap.  I am probably wrong in that assumption but it stops me buying.”  Any other thoughts?)

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Pricing and promo problem

19 Monday Mar 2018

Posted by Susan Grossey author in Uncategorized

≈ 2 Comments

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Amazon, CreateSpace, Facebook, Faith Hope and Trickery, Fatal Forgery, Kindle, pricing, promotion, Twitter

It’s an odd time, post-publication.  For authors with traditional publishing houses behind them, I daresay this is a period of frenzied promotional activity, with champagne-lubricated launches across the world and endless media interviews.  But for little old me, it means sitting here checking the UPS website every ten minutes to track the delivery of my books from CreateSpace in South Carolina, while occasionally looking at Amazon to see whether anyone has left a review.  I know that people are receiving their copies – thank you, Carol in West Row, for your wonderful photos of the grand unwrapping! – and here on my desk I have pre-prepared addressed envelopes ready to send out the review copies as soon as they arrive.

In the meantime, I wanted your opinion on the special price reduction I have done on the Kindle edition of “Fatal Forgery”.  I did it as a way to draw people into the series, just before the appearance of “Faith, Hope and Trickery”, and the initial uptake was encouraging.  I reduced the price to 99p (99¢ in the US; 0.99 euros in the EU) on 7 March.  Between 7 March and 9 March – when I suspect you were all kindly passing on the good news, and I had links on Facebook and Twitter – I sold twelve copies, but nothing since then (I suppose the promo links have fallen from view).  Should I return “FF” to its normal Kindle price, to fit in with the others – that’s about £3.62?  Or should I keep it at 99p permanently, as a sort of entry-level drug to get people to sample the series, and do more puffs about it?  Amazon does occasionally promote its 99p Kindle catalogue and there’s a chance “FF” could appear in such a promotion – but I suspect that’s for books with higher sales figures already.  (What I do know is that it definitely won’t appear in a 99p promo if it’s priced at £3.62!)  Complicating the issue is the fact that Amazon – of its own volition – has created a Kindle bundle of the first four Sam books, and that includes “FF” at 99p.  I don’t think anyone has bought the bundle – my current sales info shows no sales in recent weeks of any of the middle books in the series, which it would if the bundle had sold.

So, dear readers, what do you think?  Leave it at 99p, or put it back to the higher price?  (I suppose you need this info: if it sells at 99p I get 35p royalty, and if it sells at £3.62 I get £2.09.  But that’s only if it sells!  So lots of 35p is better than no £2.09…)

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Amazed by Amazon

13 Tuesday Mar 2018

Posted by Susan Grossey author in Uncategorized

≈ 2 Comments

Tags

Amazon, CreateSpace, Faith Hope and Trickery, Fatal Forgery, KDP, pricing, self-publishing

As I recover from self-publishing my twenty-seventh book (you know about the five Sam Plank novels, but in my day job I have self-published twenty-two “piggy” books about anti-money laundering – so-called because of the piggy who features on the covers), I thought that I had pretty much come to terms with how Amazon does it all.  Compare and contrast, if you will:

  • First self-published book: Upload to Amazon and then refresh their website every four seconds or so for the next three days (and occasionally at night, so great was the excitement), before collapsing with nervous exhaustion when “the book” finally appears in the Amazon catalogue.
  • Twenty-seventh self-published book: Upload to Amazon and then go about my daily life, until husband comments in passing, “Did you know that the purple one is on there now?”

Because I started self-publishing some years ago, I find myself following a system that a new, self-publishing author might not choose – in short, I publish paperbacks through CreateSpace and Kindle books through Amazon.  Now that Amazon offers paperback publishing as well, if I were starting out today, I might combine the two.  But as mine are uploaded separately, I always get two Amazon listings: one for the paperback and one for the Kindle book.  This used to concern me…

  • First self-published Sam book: Upload paperback files to CreateSpace and Kindle files to Amazon (via KDP) and then refresh, etc., as above.  Spot that there are two separate listings and spend hours on user forums to understand what is going on.  Email a very detailed request to Amazon asking them to link the two listings.  After 72 hours the two listings are linked.
  • Fifth self-published Sam book: Upload paperback files to CreateSpace and Kindle files to Amazon, and then forget about it all for 72 hours until the two listings are linked automatically.

So I consider myself something of an old hand at Amazon.  But no: they have surprised me.  I logged in this morning to check that the two editions of “Faith, Hope and Trickery” have been linked – they have – and what should I spot but a special offer.  Of its own volition, Amazon is offering the Kindle editions of the first four Sam books as a bundle, for (on the UK website) £12.96.  I wonder whether this was prompted by my special 99p offer on “Fatal Forgery”?  (I know I said that I would run that only until “FHT” was published, but I’m going to let it ride until Sunday.  Since the start of the 99p deal, I have sold twelve Kindle copies of “Fatal Forgery”.)  So there it is: an Amazon-generated offer on my books, complete with a fabulous “group portrait” of the covers.

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Plank for under a pound

07 Wednesday Mar 2018

Posted by Susan Grossey author in Uncategorized

≈ 3 Comments

Tags

Amazon, Faith Hope and Trickery, Fatal Forgery, Kindle, pricing, promotion

To amuse myself while I work through the final publication steps for “Faith, Hope and Trickery”, I am trying an experiment.  From now until publication date, I am reducing the price of the Kindle edition of “Fatal Forgery” – that’s “Plank 1” – from the usual £3.62-ish to a mere 99p.

Doing this via Kindle Direct Publishing (where I set my prices) was quite straightforward, although I had to change my royalty plan.  If you want to keep 70% of the cover price, you have to price your book at £1.99 or more.  If you want to sell it more cheaply than that, you have to opt for the other royalty level, which is only 35%.  I guess Amazon need to recoup their costs, and taking only 30% of a cover price of 99p would not work for them, so for cheap books they take 65%.

I’m hoping that people will take a punt on “Fatal Forgery” at 99p (which appears on the US site as 99 cents, and on the European sites as 0.99 euros) and then become irresistibly addicted to the series and buy them all at “full” price.  A bit like drug dealers offering a cheap sample…  I’ll keep you posted and let you know whether it works or not.

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The book-buyer’s marketplace

01 Friday Sep 2017

Posted by Susan Grossey author in Uncategorized

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book group, bookshop, e-book, library, marketing, paperback, pricing, sales, Samuel Plank, self-publishing, selling

Whenever I give talks about writing – and I’ve spoken in libraries and bookshops, and to book groups, WI meetings and the Rotary Club – people are always fascinated to know about the economics of self-publishing.  Telling them how much it costs to self-publish – nothing! – always surprises them.  (Of course writing a book costs a great deal in time, and you might well choose to spend money on professional editing services, or a cover designer, or a pretty template for the layout of the interior, but you can actually upload a book to a self-publishing service for no payment at all.)  But what really surprises them is how little of the purchase price eventually makes its way back to the author.

If I sell a paperback via Amazon – cover prices are £7.99 and £8.99 for the Sam books – I eventually get about £1.30 of that sale.  If I supply bookshops directly – which entails me ordering the books myself and then selling them on to the bookshop – I get about 50p per book in the end (and, in one case, I am actually subsidising a bookshop because I think it’s the right thing to do, and I lose about 20p per copy that they take…).  And if I sell an e-book – Amazon lists them for about £3.10 – I eventually get about £1.10.  I’m not eyeing up that retirement villa just yet!

And a very interesting article on this subject – where to buy your books in order to best benefit the author – has appeared on the website of the Society of Authors.  It’s a very illuminating read and, as you might imagine, flies the flag for independent bookshops and local libraries.  If you have any choice at all in how you consume your reading material, it’s well worth having a read – some of the observations will surprise you.  (Although much of it is concerned with traditionally published books – they talk of buying in bulk from distributors, which is obviously only a pipe dream for the self-published – it is still useful to have the marketplace dissected in this way.)  Click here for the article.

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A week of promotion

26 Friday May 2017

Posted by Susan Grossey author in Uncategorized

≈ 2 Comments

Tags

competitions, CreateSpace, Mslexia, plotting, pricing, promotion, The Man in the Canary Waistcoat, Twitter, WH Smith

Thanks to all who voted in the “which Plank should I submit to this competition” poll, and the winner (of the poll, not the competition!) is “The Man in the Canary Waistcoat”.  So this weekend I will be preparing the first five thousand-ish words of that for submission, and then it’s fingers crossed until winners are announced in February 2018.

In other news, I have been working in Guernsey all week and so have had little time for writing, but I have managed about 600 words.  I’m still struggling a little with the plot of “Plank 5”, in that I have the basic plot but want more complication – you know how I like to have several strands to the story.  But I am reasonably confident that the additional strands will reveal themselves as I go along – they always have in the past.

On the promotional side of things, I read recently in a magazine that Sophie Raworth (an English news-reader on the telly) has a book review blog.  She seems nice and approachable, and so I tweeted her to ask whether I could send her a copy of “Canary” – it’s set partly in Langham Place, now the home of the BBC, and I thought that might appeal.  I have not had a reply, which perhaps is not surprising.  But I do try!

I have also taken my book of newspaper columns – “Susan in the City” – into the Cambridge branch of WH Smith (a large chain of bookshop/stationer/newsagents), to see whether they would be interested in stocking it on their “local interest” shelf.  The manager seems keen – he said that the sale-or-return basis of my offer was crucial – but he still needs to put the case to head office.  I’m hoping to hear by the end of next week.  As regular readers will know, putting copies in physical bookshops actually costs me money (in other words, it costs me more to order the books from CreateSpace and have them shipped from the US than I make from the eventual sales) but I see it as a promotional move, to get the books being read and – hopefully – recommended.  Although, as with all my promotional efforts, it is all but impossible to assess the success of the approach!

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← Older posts

It’s here: “Notes of Change” – the seventh and final Sam Plank novel!

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“The Solo Squid: How to Run a Happy One-Person Business”

It’s here: “Heir Apparent” – the sixth Sam Plank novel!

“Heir Apparent” has been chosen as Book of the Month for November 2019!

New e-boxset of first three Sam e-books! Click image to buy…

The Alliance of Independent Authors - Author Member

“Portraits” has been chosen as Book of the Year 2017!

Out now: my “Susan in the City” collection of newspaper columns

Sam speaks! “Fatal Forgery” and “The Man in the Canary Waistcoat” audiobooks now available

Awarded to “The Man in the Canary Waistcoat”!

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