I recently received my quarterly statement from one of my three publishers. I've been with them for quite a while and my most recent release, The Marine's Heiress, is my eighth novel with New Concepts Publishing. Every quarter when I get my statement, I'm reminded of some of the reasons I'm glad I'm with a small publisher.
I published my first book with New Concepts at the end of 2007. It doesn't seem like such a long time ago but in book years, six years is leaning toward elderly for a fiction novel. In the bad old days of book publishing, a genre novel might get a few weeks in the sun and then might never be seen again. Thanks to ebooks, the shelf life of a book can be infinite. Every quarter when I get that sales report, that very first book is still making money for me. Not like it did in its first year or even its second, but people are still purchasing it.
Every time I have a new book released, I see a little bump in sales on my old books. Not one or two of them, but all of them. Not just ebooks, but print books also. New Concepts recently did some upgrades to their site so they can show off new releases and special sales even better. When they sell my books directly from their site, I make more money on it since the middle man is cut out of the profits.
Though my small publisher doesn't pay me an advance, with their support in keeping my books easily available I feel confident I will eventually earn an income from my books similar to what a larger publisher pays as an advance. As you've probably heard before, many books with the large publishers never earn back their advances and that is the only money authors ever see. I'm quite happy right where I am.
Do you remember the days when backlist books were difficult or impossible to find? Have you received advances for your books or do you earn only royalties? Do you have books that keep earning and earning for you? Want to shout out a 'love-ya' to your publisher?