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by richardatlarge·1y ago·view on hn ↗
first suggestion: don’t take 2.5 years to write a book

second suggestion: don’t go with a traditional publisher if you’re not getting a hefty advance- a small advance means no publicity, and the royalty rates are too dismal to do your own advertising

go indie: with 70 percent royalties on ebooks you can make more than this author in a week

trad publishing is a club: don’t expect to make money when you join an elite(ist) club

1 comments
Assuming the seventy percent figure is KDP, there are so many restrictions on that tier an author rarely gets anywhere close to that rate.

And charging 2.99 for an eBook is a death knell in some genres, it’ll cut sales by an order of magnitude.

sorry, you don’t know what you’re talking about. as a KDP user, I see every day that it’s 70 percent, so $3.50 for a $5.00 retail price. at a minimum you’re not being clear.
https://kdp.amazon.com/en_US/help/topic/G200634500 lays out the restrictions and costs associated with the 70% tier.

Anyway, KDP is hardly “going indie.” It’s just boring old self-publishing with externalized capital expenditures.