Saturday, March 5, 2011

Ebook Millionaire

Amanda Hocking, 26, is making millions from publishing ebooks through the Kindle store.

Hocking, a self-proclaimed unicorn enthusiast and Muppet activist, writes about vampires, zombies, and yes, romance. According to reports, just one year ago, the Minnesota-based writer was "impoverished," "living paycheck to paycheck," and the manuscripts she sent out were rejected by publishers all over New York. Like many authors, Hocking turned to self-publishing, creating a store on Amazon. She set the prices of her work relatively low — 99¢ to $2.99 — and for every $2.99 book she sells, she keeps 70%. Hocking tells USA Today: "To me, that was a price point that made sense for what I would be willing to spend on an e-book… I use iTunes a lot, and it's 99 cents and $1.29 a song."

That's so crazy! Naturally, because she's self-published, she's getting a lot of flak for it. The Jezebel writer makes an interesting point, one that reminds me of last month's post about loving 'bad' writing:

...It's strange that just because she's a popular writer, folks are expecting her to be an excellent writer. Is Britney Spears an excellent singer? Is Jersey Shore an excellent show? It doesn't matter. People like what they like...

Hocking is fairly thoughtful about the situation and reflects on it in her own blog with candor and insight.

For further reading, Jezebel also links to The Book Deal Blog's Book bloggers can help sell your book: Tips for authors.


Post a Comment