Have You Heard of John Locke? |

Have You Heard of John Locke?

March 21st, 2011 | Author: Ava

No, no. Not that bald guy from LOST who will track you and you can’t really tell him what to do. Not him. Not that English guy from he 1600′s either. I’m talking about the John Locke who currently has 5 books on Amazon’s Kindle Bestsellers list.

The significance of this is, WRITERS, that this fellow has been mentioned a few places because he’s selling self-published e-books. *ding ding* Are you listening? On his Amazon Author’s Page, his bio states,

Every 7 seconds, 24 hours a day, a John Locke novel is downloaded somewhere in the world.

Let’s look at the math. John’s books are all priced at $0.99, so that makes it easy.

How much revenue do John’s books make?

Per minute – $5.94
Per hour – $356.40
Per day – $8553.60
Per month – $256,608.00

At $0.99, John only gets a 35% royalty on his books, but even so…let’s take a look at his approximate take home pay. Thirty-five percent of $256,608.00 is $89,812.80. That’s not a bad monthly paycheck. Just in case you were wondering, that kind of revenue would make you a millionaire in only ONE YEAR’S TIME. What more is there to say? If you’re a writer today, and you are not interested in getting your stuff on Amazon for the Kindle and Barnes and Noble for the Nook, what is wrong with you!?!

Stay tuned to ProWebWriter.com because in the coming weeks and months, I will be writing about how to publish to these e-book readers among other things. NOW is the time. Don’t wait until this market is saturated and don’t let it intimidate you. YOU CAN do this.

Follow John on Twitter.
Read John’s Blog.

Posted in Ebooks, For Writers

http://pulse.yahoo.com/_VBCB6OFQMAY3XZPHQCTOF7VC4E Caiaphas Flag

In Steven King’s introduction to ‘Everything’s Eventual’, his collection of 14 dark tales, he talks about his first experience in the “electronic marketplace.” His book ‘Riding the bullet’, was solely distributed electronically.

From the intro…

“Several hundred thousand people downloaded the story, and I ended up
making an embarrassing amount of money.” “Even the audio rights went for over
a hundred thousand dollars, a comically huge price.”
Anonymous

Yeah, more and more authors are jumping on board. J.A. Konrath, a published author who was sort of skeptical about ebooks at first, has even done an about face. In his book, The Newbie’s Guide to Publishing, he speaks of an author (I forget his name)…whose books had fallen out of print which meant the publishing rights fell back to him. He digitized them all and put them up for sale as ebooks and is making a pretty penny off something publishers were done with.