Okay, Draft2Digital just posted a new thing they're doing, which really screws over legitimate writers like me who barely make sales. While the post makes sense and we understand why they're doing it, the platform no longer has everyone's best interests in mind.
So firstly, there's going to be a fee onboarding new authors. That's not what I'm annoyed about. This is the part that's not good:
Annual Maintenance Fee: An annual maintenance fee of $12 will apply to accounts whose earnings from book sales, meaning your net proceeds after D2D’s commission, total less than $100 over the preceding 12-month period. If you earn $100 or more from your book sales over 12 months, you will not be charged this fee.
I've always been a writer who loves putting out books in a very, very small genre: gay gothic horror. With hardly any romance, at that, so in that sense, I'm already screwed since the books that sell the most are romances of all stripes. And I'm cool with that. I write the kind of books I want to read, and I know there are readers out there who also enjoy them.
Here's the kicker, and I'm going to be up front about my sales: I average less than $10 per month in royalties. That's right. Less than ten bucks. I'm used to it, and I'm lucky enough to be working full-time at a job I actually enjoy. I don't need to make millions off my books, and I like that the pressure to keep putting out books to maintain high earnings isn't there. The last thing I want is for my writing to turn into another job. Know what I mean? That's a shortcut for creative disaster in my case.
So I'm getting backed into a corner.
Before this, D2D reduced the royalty rates over at their Smashwords store. And then they put a cap on the monthly checks so that you have to earn at least $10 a month for you to enjoy a deposit into your account for each month. So now not only do I earn less from their main store, I also get to be paid every other month.
That was the reason why I opened (or re-opened) my Payhip store, and as of this post's writing, I've sold nothing over there. It may very well change if I take the nuclear option and pull my books from D2D and simply sell them from my store. That actually would be the ideal solution in the end, but I've always been willing to offer readers as many options as possible.
I do have an Amazon KDP account, which has been inactive in years, but it's still there. I hardly sell books at Amazon, anyway, regardless, so that's not even on my plate. There are too many things about Amazon that leave a bad taste in my mouth despite their being the largest retailer of e-books. I'd rather take my chances with my piddling direct sales store front.
Anyway, you can tell I'm not only annoyed, but absolutely dispirited by all this. I'm going to learn to format my own .epub books so I can do everything on my own. Eventually I will be pulling my books from D2D and will be selling direct. Period. The print books will be another thing, too, so we'll have to see.
I'm not giving up on writing. I do it for the love of the act of storytelling and sharing my weird shit with those who share my taste in fiction. I love adding my books to a tiny, tiny niche and seeing it well-fed, in a manner of speaking. But, yeah -- money talks, and if I don't make it, I have to take my ball and leave the playground.
At any rate, I'll be talking about this in the future, I'm sure.