Are you getting excited yet? I am. I've got my MEDICINE ROCK post cards, my MEDICINE ROCK baseball cap, lots of books (duh) and even my laptop for Sun Bear's video! Do I think I'll be selling more than ten copies? No, but the exposure will be exciting.
AND, the workshops will be inspiring. New fiction, new poems, new discussion groups about social networking, starting bookclubs and the writing life. I'm a junkie.
See all you other junkies there!!
Monday, October 25, 2010
PUBLISHERS' RETURN POLICIES
I've had several episodes with IUniverse about my book return policy in my contract. There have been two "glitches" with Ingram Distribution that portrayed my book as non-returnable for book stores. Now I've received a call that my return policy expires in February, that it only lasted a year.
I reread my contract. Ah yes, "Schedule B" numeral 2: The WORK will appear as returnable in the Ingram Title Information Database for a period of twelve (12) months after the book is listed." It was listed in February. It might take me till February to make enough money to re-list it, but I don't know the fee.
Back to my consultant, Joel, who is of course out to lunch, thanks to the time change between Montana and Indiana, where IU is located. But he calls back in due time and tells me my book "went live" on December 30, which just wasn't true. I encourage him to check his date, and sure enough, it was January 20, 2011.
And he tells me the fee for another year of return book policy: $300. Now had I been published by a conventional publisher (i.e. not self published) the publisher would be delighted to keep this policy in place in perpetuity. The author would not be paying for the book to make money for the publisher (and herself). But this is the infancy of the self-publishing industry, and I will indeed come up with the money for another year. After that? We'll see.
So my larger outlays this year so far have included $150 (Festival of the Book, 8' table, two days), $150(Writers' Conference where exposure was almost non existent), $99 (ad in Critics' Review - nothing came of it), $99 (YouTube trailer, yet to be published), $100 (minimum, gas to other areas), $1133 (100 more books, at half price from IU), and the new fee, for a total of $2031. Income? I recouped my initial loan for books of $2300 but the contract cost (+/- $1800) was a gift from my own retirement account!
Now my expenses are approaching the money I lost in a women's empowerment financial (pyramid) scheme a few years back! The difference between a hobby and an avocation is one costs money and one makes money. Guess which one writing is!
Had I more money to pour into it, would I be selling more? Who's to say. Well, on to the outline of the next book!
I reread my contract. Ah yes, "Schedule B" numeral 2: The WORK will appear as returnable in the Ingram Title Information Database for a period of twelve (12) months after the book is listed." It was listed in February. It might take me till February to make enough money to re-list it, but I don't know the fee.
Back to my consultant, Joel, who is of course out to lunch, thanks to the time change between Montana and Indiana, where IU is located. But he calls back in due time and tells me my book "went live" on December 30, which just wasn't true. I encourage him to check his date, and sure enough, it was January 20, 2011.
And he tells me the fee for another year of return book policy: $300. Now had I been published by a conventional publisher (i.e. not self published) the publisher would be delighted to keep this policy in place in perpetuity. The author would not be paying for the book to make money for the publisher (and herself). But this is the infancy of the self-publishing industry, and I will indeed come up with the money for another year. After that? We'll see.
So my larger outlays this year so far have included $150 (Festival of the Book, 8' table, two days), $150(Writers' Conference where exposure was almost non existent), $99 (ad in Critics' Review - nothing came of it), $99 (YouTube trailer, yet to be published), $100 (minimum, gas to other areas), $1133 (100 more books, at half price from IU), and the new fee, for a total of $2031. Income? I recouped my initial loan for books of $2300 but the contract cost (+/- $1800) was a gift from my own retirement account!
Now my expenses are approaching the money I lost in a women's empowerment financial (pyramid) scheme a few years back! The difference between a hobby and an avocation is one costs money and one makes money. Guess which one writing is!
Had I more money to pour into it, would I be selling more? Who's to say. Well, on to the outline of the next book!
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