Thursday, April 21

John Locke: The power of 99 cents

I didn't know who John Locke was—the author, not the 17th century philosopher—until I read Joe's March 8th blog. Still, I didn't grasp the significance of Locke's success until, this morning, I read Jeffrey Trachtenberg's article, Cheapest Ebooks Upend the Charts.

Trachtenberg writes that successful independent authors, many of whom price their books below $5, are drawing readers away from brand name authors.

A case in point is writer John Locke. Mr. Locke, an independent author who primarily writes thrillers, published his first 99 cent paperback two years ago at age 58. In March of this year, Mr. Locke earned $126,000 dollars from his books.

Mr. Locke says:

When I saw that highly successful authors were charging $9.99 for an e-book, I thought that if I can make a profit at 99 cents, I no longer have to prove I'm as good as them. Rather, they have to prove they are ten times better than me.

I had thought of entitling this blog: John Locke and the rebirth of pulp fiction.

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