If you are tired of giving 30-40% of the retail price of your book or ebook to somebody else then you may be interested in joining our author co-op and forming our own online retail store.
We want to keep most of the retail price to ourselves, because it’s tough out there and coughing up 30-40% on each sale adds up quickly.
We want a professionally looking and working site, one which satisfies both the visitor and ourselves. We want a professional site we are proud of owning. We want to still be able to offer our works anywhere we want.
If you are an author who is fed-up giving a sizable chunk of your money to somebody else and would rather keep most of it yourself, send me an email at the address at the end of this post.
I will build a list of authors interested in keeping more of their money in their own pocket and will contact each sometime in the new year.
Is there a cost involved? Yes, there are the ever-present credit card fees. There should be a small fee to cover expenses. What are those expenses? There are monthly fees for hosting, monthly fees for all the bells and whistles needed to make the site professional and meeting the needs of authors. There will be accounting fees, legal fees, federal and local taxes, and other expenses involved in running a business.
Gee, that sounds expensive. I don’t think I want to join.
What if I told you it would be about the cost of a Starbucks coffee a month if enough authors agree to get together and start their own online retail store. Would you be willing to exchange one coffee for the 30-40% on each book you now give somebody else? And still be able to sell you ebook/books anywhere else?
Okay, that is reasonable.
But what’s the catch? There is always a catch.
In the beginning the site will be for authors who have published works and have the skills to upload a mobi or epub file to the site, although there is a suggestion of a way around this which is being considered. There won’t be any conversion service nor any adult material permitted until the site is capable of hiring sufficient staff to review adult works.
That being said, if enough authors agree to join the group then things could change.
It doesn’t cost you anything to send me an email saying you’re interested. Let’s make 2015 the year authors give back to themselves.
UPDATE: There was lots of interest in forming a co-operative but no volunteers for forming a board of directors, or assist in forming bylaws, and only one person offering to assist in site creation and design.
I believe the concept of authors having their own retail store operated on a small subscription fee with authors keeping 100% of the retail price, minus transaction fees, currency exchange fees and other costs/taxes involved in sale of an ebook, is still something worth pursuing.
In that regard, I’ve taken it upon myself to create such a site for authors. I’ve named the site Ebook Orchard and during the next several weeks will be alpha/beta testing the site before Ebook Orchard is officially launched.
In the beginning of the New Year the site will be in beta testing stage but should be ready enough for authors to view it and read more about it.
Here is the link to Ebook Orchard. It may be open for previewing if you’re reading this sometime in January, 2015.