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	<title>Moriah Jovan &#187; Amazon</title>
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		<title>Line of scrimmage: The interwebz</title>
		<link>http://moriahjovan.com/mojo/line-of-scrimmage</link>
		<comments>http://moriahjovan.com/mojo/line-of-scrimmage#comments</comments>
		<pubDate>Sun, 31 Jan 2010 19:15:29 +0000</pubDate>
		<dc:creator>MoJo</dc:creator>
				<category><![CDATA[Books*Authors*Pubs]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[publishing]]></category>

		<guid isPermaLink="false">http://moriahjovan.com/mojo/?p=2423</guid>
		<description><![CDATA[Macmillan to Amazon: Do it my way.
Amazon to Macmillan: Fuck you.
Macmillan has in its power to say, &#8220;No, fuck YOU!&#8221; to Amazon and make it stick, and newsflash: It ain&#8217;t with the indie bookstores. This is what you do, Macmillan:
Get yourself a team of programmers. Give them 36 hours. Have them put your entire catalog [...]]]></description>
			<content:encoded><![CDATA[<p><a title="Agency pricing or deep windowing: You choose." href="http://www.publishersmarketplace.com/lunch/free/" target="_blank"><strong>Macmillan to Amazon: Do it my way</strong></a>.</p>
<p><a href="http://online.wsj.com/article/SB10001424052748704491604575035763513529030.html" target="_blank"><strong>Amazon to Macmillan: Fuck you</strong></a><strong>.</strong></p>
<p>Macmillan has in its power to say, &#8220;No, fuck YOU!&#8221; to Amazon and make it stick, and newsflash: It ain&#8217;t with the indie bookstores. This is what you do, Macmillan:</p>
<p>Get yourself a team of programmers. <a title="Wherein Facebook programmers translated the entire site into Farsi to accommodate the Iranian uprising." href="http://therumpus.net/2010/01/conversations-about-the-internet-5-anonymous-facebook-employee/?full=yes" target="_self"><strong>Give them 36 hours</strong></a>. Have them put your entire catalog into an online store, both print and electronic. Exploit the <a href="http://store.tor.com/" target="_blank"><strong>Tor online store</strong></a> to its limits.</p>
<p>Print: Sell for just above wholesale and offer free shipping.</p>
<p>Electronic: Strip your DRM from your existing ebooks and feverishly convert your back catalog. Sell them at the wholesale mass market paperback price.</p>
<p>Marketing: Take out ads in the <em>New York Times</em> and the <em>Wall Street Journal</em> announcing your bookstore and flip Amazon off publicly, and at the same time exploit the fact that Amazon has just seared your name into the minds of the reading public.</p>
<p>Your weapon: Your entire catalog.</p>
<p>Goal: Cut the Gordian knot that is the distribution system that has just bitchslapped you and turn a healthier profit.</p>
<p>You could conceivably break Amazon&#8217;s back if you succeed (and you WOULD), and other publishers decide to come with you.</p>
<p>I would give just about anything to see something so daring happen in publishing.</p>
<p>Here&#8217;s the catch: You&#8217;d have to start thinking of readers as your customers.</p>
<p>You know, the people who actually spend the money.</p>
<p>UPDATE: Oh. My. Goodness. <a href="http://www.amazon.com/tag/kindle/forum/ref=cm_cd_tfp_ef_tft_tp?_encoding=UTF8&amp;cdForum=Fx1D7SY3BVSESG&amp;cdThread=Tx2MEGQWTNGIMHV&amp;displayType=tagsDetail" target="_blank"><strong>Amazon caves</strong></a>. WTF? Yeah, that boy ain&#8217;t right.</p>
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		<item>
		<title>There is no such thing as royalties</title>
		<link>http://moriahjovan.com/mojo/there-is-no-such-thing-as-royaltie</link>
		<comments>http://moriahjovan.com/mojo/there-is-no-such-thing-as-royaltie#comments</comments>
		<pubDate>Fri, 20 Nov 2009 20:21:38 +0000</pubDate>
		<dc:creator>MoJo</dc:creator>
				<category><![CDATA[Books*Authors*Pubs]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[direct publishing]]></category>
		<category><![CDATA[independent publishing]]></category>
		<category><![CDATA[publishing]]></category>
		<category><![CDATA[self-publishing]]></category>

		<guid isPermaLink="false">http://moriahjovan.com/mojo/?p=2189</guid>
		<description><![CDATA[&#8230;in self-publishing.
Self-publishers do not &#8220;earn royalties.&#8221;
Stop thinking in terms of royalties.
It&#8217;s called &#8220;profit.&#8221; There is overhead. There are COGS. There is revenue.
Why? Self-publishers manufacture a product*; they have not licensed a product.
Sales – COGS = gross profit.
Gross profit – overhead = net profit (aka ka-ching)
There are no royalties.
Royalties do not exist.
Say it with me now: Self-publishers [...]]]></description>
			<content:encoded><![CDATA[<p>&#8230;in self-publishing.</p>
<p>Self-publishers do not &#8220;earn royalties.&#8221;</p>
<p>Stop thinking in terms of royalties.</p>
<p>It&#8217;s called &#8220;profit.&#8221; There is <a href="http://en.wikipedia.org/wiki/Overhead_%28business%29" target="_blank"><em><strong>overhead</strong></em></a>. There are <a href="http://en.wikipedia.org/wiki/Cost_of_goods_sold" target="_blank"><em><strong>COGS</strong></em></a>. There is <a href="http://en.wikipedia.org/wiki/Revenue" target="_blank"><em><strong>revenue</strong></em></a>.</p>
<div>Why? Self-publishers <a href="http://en.wikipedia.org/wiki/Manufacture" target="_blank"><em><strong>manufacture</strong></em></a> a product*; they have not <a href="http://en.wikipedia.org/wiki/License#Intellectual_property" target="_blank"><em><strong>licensed</strong></em></a> a product.</div>
<p>Sales – COGS = gross profit.</p>
<p>Gross profit – overhead = net profit (aka ka-ching)</p>
<p>There are no royalties.</p>
<p>Royalties do not exist.</p>
<p>Say it with me now: Self-publishers do not earn royalties; they have profit. Now put all that &#8220;royalties&#8221; BS out of your head.</p>
<p>And Amazon? I know you know this, but you use the term deliberately to blur the lines between your retail business and your POD service. You know very good and well you don&#8217;t pay royalties. You give us a rebate on our rental fee for your stalls, you know, like at a flea market.</p>
<p style="padding-left: 30px;">*A lot of authors don&#8217;t like having their babies compared to widgets. A lot of authors don&#8217;t like having books compared to babies. My books are my babies. They are also my widgets.</p>
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