Archive for January, 2015

Pros and Cons Exist For Using A Pen Name

Using a pen name (“pseudonym” is the proper term) might keep your identity secret; but that doesn’t mean you won’t upset some people.

Here’s a forum where the subject of using a pen name when writing a non-fiction self-help book reveals stark differences of opinion that exist among authors.

I’ve always used my real name in my publishing projects.

I do have an old friend, though, who chose to publish under a pen name because the information he was wanting to release was in the industry he worked in at that time. Although most of his book was very generic, he did this to prevent his employer from accusing him of releasing trade secrets. (He didn’t.)

Here’s that link to the back-and-forth conversation between authors debating the reasons for and against using a pen name. Warning: some of the language can get pretty racy. Yet another clue that there are strong feelings among writers about the practice of using a pen name.

Posted by Admin - January 15, 2015 at 11:29 am

Categories: Kindle Books, News   Tags:

European VAT Will Make Digital Books More Expensive, How It Will Hurt Authors, Publishers

I’ve never sold many of my Kindle books in the United Kingdom; perhaps I’ll gross $10-$17 a month. But recent changes in European tax law seem to be making it even harder to earn royalties on the website.

Here is post from Amazon on how the new VAT-inclusive pricing that kicked into effect Jan. 1, 2015 will affect readers, authors and publishers who sell e-books in countries where the company operates a Kindle Store:

On January 1, 2015, European Union (EU) tax laws regarding the taxation of digital products (including eBooks) will change: previously, Value Added Tax (VAT) was applied based on the seller’s country – as of January 1st, VAT will be applied based on the buyer’s country. As a result, starting on January 1st, KDP authors must set list prices to be inclusive of VAT.

You can read more about this on their website…

This new tax situation will effectively translate into about a 20% price hike for Kindle Book readers. In my opinion, this will hurt authors and publishers due to lost sales, and readers will have to be more choosy about the books they purchase. The VAT used to be just 3%, so the extra few pence in the UK didn’t seem to deter sales. I’m afraid that’s about to change. In December 2014, my sales of Kindle Books dropped to zero in the U.K. since this news spread across the Internet. Will this be as bad as I predicted …. or will it be worse?

Of course, the bright side of this might be that Kindle Unlimited borrowing in the UK will gain acceptance, as it allows subscribers to read as much as they can read (yes, they are limited to 10 ebooks at a time; but they can delete the ones they’ve read. It is just like checking out books from the library. You check them out, you read them, and then you take them back and check out more.)

I’ve found minor success with the Kindle Unlimited program, and I’ve renewed two of my titles through the month of February 2015 to take into account all the new Kindle e-book readers that will be given as gifts. I noticed in some of the holiday sales advertising online that 6 months of KU was being offered with some e-readers. That in itself might mean more borrow, more money, and more time for the Kindle Unlimited program to work itself out and prove it’s a long-term money-maker for authors.

Again, to get all the details about how the VAT-inclusive at Amazon.

Posted by Admin - January 4, 2015 at 2:58 pm

Categories: Kindle Books, News   Tags: