Well, I said I would create a new thread when I reached 100 titles, and today I published my 100th title, so here it is. To find out how I got to where I am today, check out my other Kboards thread here: http://www.kboards.com/index.php/topic,136127.0.html
To continue where I left off, I'd like to talk about what I've learned since my last thread update, what I currently have going on, and what I have planned for the future.
Things I've learned since hitting 75 titles:
-Pure smut can command higher prices at lower word counts.
-Deviating from erotica and erotic romance causes a decrease in my sales
-Follow the top 100 best selling titles and the top 100 best selling authors and you can't go wrong.
-I need to stick to writing 3 part series because I have a bad tendency of ditching a series if it's not performing.
-I will no longer be turning non-performing titles into paperback books, regardless of length. My time is better spent elsewhere.
What I'm working on now: Tying up a non-performing series.
What I'll be working on in the future: I have a bunch of stand alone titles planned. Recently, I've had a lot of luck with them sales-wise. The only problem is that they don't have much staying power. Sales are good for about 2 months but then slump. I'm going to go this route though because I want to take a temporary break from writing series. August 2012
59 books sold
11 stories published in August
$80.30 in royalties earnedSeptember 2012
150 books sold
9 stories published in September
$238.27 in royalties earned
290 books sold
9 stories published in October
$535.72 in royalties earnedNovember 2012
2246 books sold
12 stories published in November
$3,346.18 in royalties earnedDecember 2012
3253 books sold
5 stories published in December
2503 books sold
5 stories published in January
2728 books sold
11 stories published in February
3533 books sold
0 stories published in March (was working on a novel)
3338 books sold
4 stories published in April
3517 books sold
7 stories published in May
2547 books sold
3 stories published in June
2707 books sold
7 stories published in July
2853 books sold
4 stories published in August
(and in case you're wondering how the income jumped in comparison to the volume of books sold, I have one book for sale for $37. That book is not published on Amazon or any of the other online retailers. So, technically, that brings my total up to 101 books.)
I would also like to note that sales have been dramatically down all across the board this month. I'm assuming that this is a slump. Hopefully things will pick up towards the end of the month.
Here's a quick QA to answer some of the questions that you might have:
1.) How long are my titles?
My shortest story is 2,500 words long. My longest title is 50,462 words long (my novel). Though I do have combined serials that are much longer. On average, I strive for at least 10,000 words, which usually gets cut down to a little over 8,000 after editing.
2.) What is my pricing strategy?
I follow a modified version of the Selena Kitt pricing strategy. My current pricing strategy is as follows:
$0.99 > Short Shorts: Under 3k
$2.99 > Stories: 3-15k
$3.99 > Stories: 15-35k
$4.99 > Stories: 35-50k
$5.99 > Novels: 50-70k
$6.99 > Novels: 70-90k
$7.99> Novels: 90-110k
$8.99> Novels: 110-130k
$9.99> Novels: 130k-150k
This is for erotica and romance only. Some of my non-erotica I sell for $0.99
Here's a break down of how many titles I have at each price point:
Free - 14
$0.99 - 12
$2.99 - 58
$3.99 - 8
$4.99 - 2
$5.99 - 4
$6.99 - 1
$9.99 – 1
I also have 24 audiobooks and 5 paperback books.
3.) Which sells better, stand alones or series?
Definitely, series. Every once in a while, I'll publish a stand alone, but most of my stuff has at least 3 parts. For series with 3 or more parts, I make the first one free, regardless of length. I do not use KDP Select, but instead wait for a price match to occur.
4.) What genres do I write in?
Whatever is popular at the time. Lately, it's been mostly BBW werewolf romance and psuedoincest. I did try to crawl away from erotica by putting out a paranormal fiction series, but even with my backlist of readers, sales were dismal, at best. I'm currently tying up a non-performing series, and then will hopefully be permanently back to writing erotica and following trends.
5.) Have I had any best sellers?
No, but I have had several titles in the top 100 Best Selling of various genres on Amazon. My highest ranking title ever reached 1,136 in overall of Amazon.
6.) Who do you publish with?
Amazon, B&N, All Romance Ebooks, Draft2Digital (for Kobo and Apple), and Smashwords (for all other retailers)
7.)How many pen names do you have?
I currently have 3 erotica pen names. One is relatively new, which I've been publishing my psuedoincest on and will use to publish all of my taboo works. I have another pen name that I published a Fifty Shades of Grey knock off on. And then I have my main pen name, which I use for pretty much everything else. My real name, I use for horror and other fiction.
If you have any questions, please feel free to ask. I will not openly share my pen names or titles, but you are more than welcome to PM me about them. This is a personal preference.