Monday, May 2, 2011

Talking Money - Part I

I thought I was pretty good at numbers…until today.  Since I haven’t received any $ from Amazon or B&N yet…I thought I’d go ahead and share more numbers…and $ amounts!
Return of the Rose is selling for $2.99. March 2, 2011 to  April 30th I have sold approximately 1,010 books at Amazon and 171 books at B&N.
A Knight in Central Park is selling for $.99. March 18, 2011 to  April 30th I have sold 5,610 books at Amazon and 685 books at B&N.
The reports you get from B&N are straightforward, easy to figure out. Sold X #of books in March and you get this much $. You can see how many of each book you sold on a given day.
The reports you get from Amazon aren’t as easy to figure out. It can be done (I think) but since I am throwing this together, I already have a headache and the numbers are accumulative. For example, I can’t see how many books I sold on April 2nd at Amazon. The only reason I have an idea is because I was keeping my own records every day. So, if I had sold 26 books one day…and the next day the numbers for a particular book showed 35 books, I knew that I had sold 9 books so far that day. See! It’s sort of a pain in the butt. But I’m not complaining! No way!  Go, Amazon!
Okay, now the good stuff. For March and April I am expecting to receive…for two books.
B&N:               $   621.60
Amazon:         $4,310.72
Not bad. I’m pretty sure that’s more than I would have been paid in advance money from many traditional/legacy publishers.  Yes, I realize some of the big guys get much more than that…but hey, I’ve been writing for a while now and I’m a happy gal. Besides, give me until the end of the year.  I’ve got some more great books coming next week!
Okay, once I know how the payment thing works, I’ll be posting again! If you have any questions, you know where to find me.

8 comments:

55afb3cc-7127-11e0-b247-000bcdca4d7a said...

Congrats Therese! That's so great Loving Taming Mad Max :)

Lacy Camey

Theresa Ragan said...

Thanks, Lacy! I've also done some more reading of the contract (better late than never) and it looks like I won't see any money until 60 days AFTER the END of the month in which I first made any money...so, no payment until the end of May! I'll keep you updated. :)

And THANKS for reading, and especially loving, Taming Mad Max!

55afb3cc-7127-11e0-b247-000bcdca4d7a said...

You know you can always count on a comment from me! :) LOL. So, Question! (I asked with a french accent). :)

So, "if" I publish my book ON May 31, does that mean I will get my first royalty check July 31? Or do I have to wait until August 31? :)

This is Lacy btw, I'm crossing my fingers for my Wordpress profile to work this time!

Theresa Ragan said...

Hi Lacy! You might have to wait until 8/31...it depends on how much you make that day. If you don't make a certain amount by May 31, then I am pretty sure you won't get paid until 8/31. I will see what I can find out...

Loucinda McGary aka Aunty Cindy said...

Theresa,
THANK YOU THANK YOU for being brave enough to put your actual sales numbers here for everyone to see! I appreciate your candor and am GREATLY encouraged by your numbers.

Theresa Ragan said...

Thanks, Aunty Cindy! I just think it's difficult for authors to make decisions without seeing real numbers. I plan to keep the numbers coming every week, so writers can see what has worked for me or hasn't worked. For instance, when there is big news on t.v. (i.e. Royal Wedding, etc.) I notice sales drop slightly. That makes sense to me because everyone is watching the news! Mother's Day...the same thing...although by the end of the day (10 PM) i noticed an upward rise in sales. Mothers everywhere had new kindles and they needed books! :)

Anyhow, thanks for leaving a note. I appreciate it. If you have any questions, privately or not, I will answer them!

VA said...

This is a brave, new world. As someone deciding whether or not to invest even more time into figuring out the changing world of publishing I want to thank you for sharing your data.

Theresa Ragan said...

VA, thanks...and you're welcome!