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Quill and Feather Pub [Public] / Re: I'm just here to whine
« Last post by JRTomlin on July 13, 2019, 07:33:01 AM »
I am also looking longingly at a 1908 set of Paul Balfour's Scots Peerage, 9 volumes, for only $548. Sometimes an addiction to research is a bit like a heroin addiction.   :icon_cry:
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Marketing Loft [Public] / Re: I just fainted (Bookbub ad)
« Last post by JRTomlin on July 13, 2019, 07:28:21 AM »
So I'm told. Considering how many times I've tried (and lost money on) BB ads, I'm happy to finally have a win. Best of all the Effective CPC is only 29 cents which I think is good on a novel with good sell-through in the series.
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Marketing Loft [Public] / Re: I just fainted (Bookbub ad)
« Last post by Tom Wood on July 13, 2019, 07:18:20 AM »
Congrats!

Anything above a 2% CTR is considered a win, right?

To Dan's question, BookBub ads are built on targeting the 'readers' of specific authors. They define 'readers' as anyone who has interacted at BookBub with anything to do with that author. It's frequently a number that is at least twice as many of the publicly shown 'followers', and the only way to see the 'readers' number is to go into the ad setup system.
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Quill and Feather Pub [Public] / Re: I'm just here to whine
« Last post by KFaitour on July 13, 2019, 06:41:45 AM »
I'll just leave this here for basically everyone in this thread:

 :bowing:
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QUOTE:
"I prefer to enjoy write as a hobby rather than to try and earn my daily bread from wordsmithing.


MY OPINION FROM THE RIGHT FIELD:

I would hate to have a tax examiner see that statement as he examines my tax deducations for a business I said I would do as a hobby instead of trying to make money.

Thanks for the advice on what to keep quiet about on a public forum, but Amazon has already blabbed to the IRS about all the money I've been making. The IRS wants some of those royalties, whether I consider writing a hobby or not.

As LilyBLily described, the tax rules are complicated, including hobby loss rules. Basically, they don't apply if you're making a net profit. I have had to learn a lot of new tax law to know what I can deduct, etc.

The main point I was trying to make remains the same--don't quit your day job to become a full-time writer. At least, don't quit until you're absolutely sure you can keep the money flowing as a writer for years to come. Publishing can be a very frustrating and unpredictable way to make a living, but it's a great hobby. From time to time, you might even find it very profitable , as I have.
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Quill and Feather Pub [Public] / Re: What Did You Blog About Today
« Last post by Vijaya on July 13, 2019, 06:00:49 AM »
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Quill and Feather Pub [Public] / Re: 50+ words a day...no matter what!
« Last post by Electric Dan on July 13, 2019, 05:58:32 AM »
Wrote (re-wrote) 1,395 words in the lame space opera.

Wrote 28 words in the regular space opera.

Did nothing on the fantasy epic.  Still waiting to hear from people.
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Marketing Loft [Public] / Re: I just fainted (Bookbub ad)
« Last post by JRTomlin on July 13, 2019, 05:17:21 AM »
You'd think so but on BB you target authors in order to get your ads to go to their followers.  grint

This is seriously the first time I've had a BB ad do above 2.0% CTR.
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Marketing Loft [Public] / Re: I just fainted (Bookbub ad)
« Last post by Electric Dan on July 13, 2019, 04:53:08 AM »
I am targeting the same list of authors I always have.

Wouldn't it be more effective to target readers?  :hehe
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Marketing Loft [Public] / I just fainted (Bookbub ad)
« Last post by JRTomlin on July 13, 2019, 04:31:07 AM »
For the first time ever, I have a BB ad that is doing well. No, I can't explain it. I am targeting the same list of authors I always have. It's not the first freebie I've used an ad for. Maybe the ad is somehow magical? It couldn't possibly be simpler, a Canva thing I put together even using one of their backgrounds. It started yesterday and today with 2,000 impressions it has 76 clicks which works out to 3.91% CTR. I am officially gobsmacked.

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