. . . but when you consider the Kindle sales this author has been achieving, the numbers stack up to a very decent pile of cash. Apparently Amazon award its self-publishing e-book authors a 35% or 70% royalty, depending on cover price, and this guy has been getting sales of 300 to 3,000 e-books a day at a pound a book. Of course, that’s reflective of Top 10 sales, but the arithmetic is clear and note that he’s also got himself a traditional book deal by e-publishing first. To think some print publishers believe themselves generous offering royalties of 10-12%. This is the future folks.
See this article too for more self-publishing tips . . .