The One With Selling E-Books

July 5, 2009 at 2:38 pm (Days of my Life (Journal), The Pen is NOT Mightier)

Calm down, Project M.I.G.H.T. is still free and it’ll remain like that even after the very last story is completely released.

Anyway, I was browsing a tech forum just now to look at some models of e-books readers - it’s cheaper to buy a bloody nuke - and I stumbled across this stupid automated spam that was advertising for some “Get rich by selling e-books” site, which is of course most likely a scam.

But the idea was rather intriguing.

The one thing that I don’t like about e-books is that it’s very easy to pirate them online, as you’re already providing the digital file and all a pirate needs to do is upload the file on some free hosting site. And that’s why if I ever get published one day, I’ll definitely request that my book does not get sold as an e-book after a certain amount of time have passed.

However, right now, selling e-books might not be that bad of an idea. In Singapore, most paperback books will cost you from S$15 onwards and hard-cover books can go as high as S$50. If I were to write a story and sell it as a e-book, I can easily let it go at as low as S$5 and still make a killing, lol. And that’s like less than USD$2.50 for all of you in America. Don’t get me started on Europe’s currency.

And the main idea isn’t even to make money in the first place. The idea is to actually see whether people are willing to pay to read my works, and if people do then this can be a very good thing for me in the future when I’m writing a cover letter to a potential publisher – not to mention a major confidence boost.

In fact, if I’m never able to get published traditionally, I don’t see why it’s not possible for me to find a few talented friends and create an encryption software to prevent e-book piracy. They can make a profit selling the software while I can make a profit selling e-books, and you guys will save a hell lot of money to read my stories as compared to if I were to sell them paperback like another local self-published author.

So yeah, I’m definitely going to do more research on this and see if this is a feasible idea. Now I don’t usually get a lot of comments on this blog, but for those of you who are reading this, I’d like to ask for your opinion.

My trademark grammatical errors and typos might not even be a problem since I’ll most probably hire a professional to proof-read the e-book before I sell it.

edit: Special thanks to Matthew for the follow conversion rates

S$5 = US$3.441
S$5 = 2.106 Pounds
S$5 = 2.460 Euros

Now I say this without knowing the market price of e-books around the length of 75,000 words, but bloody hell that’s really cheap for a book, lol. I mean if you look at the Singapore currency, $5, alright it’s reasonably cheap but when you look at the other currencies, it is like ridiculously cheap. I think the price alone should deter readers from going through the trouble of trying to get a pirated copy.

- Derick

2 Comments

  1. Matthew said,

    Yes I would pay S$5 for a book of that length.

    Oh and currently the exchange rates from S$ to the currencies list above are:

    S$5 = US$3.441
    S$5 = 2.106 Pounds
    S$5 = 2.460 Euros

    So that means that the Europeans get it very cheap.

  2. Kayla said,

    That’s pretty cheap and I do like your stories ^_^

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