Today, one of the renowned and popular social media platforms to use is TikTok. Thankfully, social media is one of the effective marketing tools you can use. With NFTs and smart contracts, the fees will be incredibly low and the royalties will be closer to 100%! 2.Promote your book in a Tiktok list video Find Booktok Influencersįor many authors, marketing is quite a challenge. They are a huge site and one of the only options in existence for mass selling ebooks, so for most authors it’s not the best deal, it’s the only deal. They do zero advertising, zero printing, and it costs them pennies to host your book. That’s right, they take at least 30% of your book sales, just because your book is on their site. Amazon ( for an ebook ) only gives either 35% or 70% royalties ( depending on a number of factors ). So the first way that Spatium Stories and NFT books can help when compared to Amazon is simply fees and royalties. This is their platform and they should be the ones hurt if someone finds a way to abuse their system. Ī group of people figured out how to break Amazon’s system, and yet the author’s got hurt instead of Amazon?
They claimed their actions were giving the author “ exposure ”.Īs much as it’s awful for someone to read and return an ebook, I think a huge problem here is Amazon. Second, after a lot of authors complained on Twitter, many people had the audacity to justify this Tik Tok movement. That’s only the first way it hurts authors.
Now authors all over are seeing hundreds of returns and it is devastating to their careers.
The same author went on to say she had been writing for over 10 years and in a given month the highest number of returns she ever saw was 2. She was not the only one, numerous authors posted pictures showing that for a given month, even after having hundreds of books sold, they actually owed Amazon money! One famous author posted this tweet: “ Amazon is not a library and that for every returned book, she is being charged, so now the author is indebted to Amazon. That’s right, an author can sell a book and end up owing Amazon money!
The amount they owe back to Amazon on a book return is GREATER than what they got for the sale in the first place!
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