If you’ve just heard correctly, your friend just told you that she is GIVING AWAY your story for free instead of urging her friends to BUY your book. She is stealing from your children and taking food off your table! She might as well get access to your bank account, because she has just succeeded in ensuring you will never see another dollar again!
Ok, calm down there bucko. She’s actually done you a favor. Stay with me.
I’m going to throw some numbers at you.
$2.74. That is the amount I get back for each eBook I sell with a $3.99 asking price.
$3.97. That is the amount I get back for each paperback book I sell with a $13.95 asking price.
Are you following me here? One book will cover a fancy cup of coffee. It is not feeding my children. It’s not sending me on tropical vacations. I have not been able to quit my day job over this amount. So when a friend loans their book out to other friends, it’s not likely to break the bank.
I know what you’re thinking. But what about my sales ranking? Those borrowed books aren’t adding to that number either! My friend is giving away my book, and meanwhile, my ranking is the same number as the population of San Francisco!
Do you really think a few borrowed books are going to keep you from entering the Top 100?
So back to that favor your friend did you by lending your book out to others. What she has done is created BUZZ about your book. At this point, the best thing that can be done for you, as an author, is to get other people talking about your book. The more people who read it, the more people are talking about it with their friends. Remember how you have been trying to get your book to reach further than your family and friends?
Even though you are a struggling artist and would love to make some money off that book you just wrote, those freebies aren’t for naught. The buzz that’s being created will amount to dollar signs. You just have to be patient.
Another point – you should consider it a compliment when your friend loans out your book. It means she thought it was so good, she wants to share it with others. That is what EVERY struggling writer needs to focus their attention on – your book is so good, other people are clamoring to read it!
Isn’t that why you wanted to write anyway? So you could share your writing with others?
So when you hear that your book is being loaned out, thank your friend for sharing your book! They’ve just done some of your marketing for you. Oh, and if you slip in a request that those friends leave you a review on Amazon or Goodreads in exchange for borrowing, I won’t tell. 😉