Anyone have any experience with Red Willow Digital Press? I came across them on Twitter. They have a website but I've not heard of them before.
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Red Willow Digital Press Website:
Red Willow Digital Press is a digital and print publishing company with traditional terms. Authors submit their manuscript for review and if accepted, Red Willow takes care of the rest
Red Willow Digital Press Website:
We publish only high quality writing, including fiction, nonfiction, poetry, memoir, or any other genre.
Red Willow Digital Press Website:
This is the big advantage to you—you save hundreds of dollars on conversion and publishing fees and we trust that your work is going to sell well enough to compensate our investment and also make money for you
Red Willow Digital Press Website:
For example, a 26 year old author from a small farming town in southern Minnesota sold 450,000 copies of her e-books in one month: January 2011.
Red Willow Digital Press Website:
Our print books are listed in the Ingram catalog and are made available for any bookseller to order from.
Red Willow Digital Press Website:
Traditional publishing houses typically offer 4% to 8%—we offer 50% of royalties received. We also pay royalties quarterly or even sooner as we receive them from our distribution partners.
Red Willow Digital Press Website:
Most traditional publishing houses charge the author for returns of unsold books from bookstores. Obviously that is not an issue with e-books, but we never negotiate terms for distribution of print books that require the author pay for unsold copies. We believe that policy is ridiculous.
Red Willow Digital Press Website:
How are royalties shared?
Our authors receive 50% of royalties received. (Compare this with a standard 4% to 8% royalties in traditional print publishing.) All of our expenses come out of our share, not yours. If your book sells on the Kindle store and we receive 70% of the selling price, you receive a full 35%.
My bolding. Yeah, I'm sure everyone thinks of Random House, S&S, Penguin, etc as sleazy.We also differ from the big, sleazy publishers in that we provide 50% net royalties and as much marketing as possible.
Gee, why doesn't sleazy Random House do that? All they do is get books into bookstores and sell tens of thousands, or hundreds of thousands, or millions, of copies per title.For marketing, we provide a website, all sorts of help optimizing your Amazon (and other) pages for good SEO practices, and sending professionally-designed flyers to hundreds of indie bookstores.
Please be aware that there is a difference between:I'm feeling A LOT of distrust in these comments, but folks, not everyone is a jerk trying to get the most they can for themselves. Some of us really are decent people.
This post is all about the bottom line of the business of Red Willow: how many books need to be sold before breaking even....
That brings the total to 860 books and because I like to account for unseen expenses, let’s round the whole thing to 1,000 books that we need to sell to break even.
Now here’s the best part of all of this. Everything we earn after those first 1,000 books are sold are almost completely passive income. The work is done, now we just sit back and watch the money roll in.
jennyone1:
The one thing I will say is its a myth that every fiction writer gets an advance when they sign a contract.
Unless the publisher is Doing It Wrong, they will make their profit before the author earns out. IOW, "author didn't earn out" isn't the reason a low seller might have trouble placing their next book, it's "didn't even sell enough to make a profit for the publisher".
jennyone1:
I'm with a commerical publisher and they don't pay advances.
jennyone1:
other publishers are going down the no advance route, especially with new authors. Or the advance is very low.
jennyone1:
but at least I won't be like some authors who get advances they don't even earn back, which puts off other publishers from publishing their books.