From Idea to Income: Monetizing Your Serialized Fiction

In today's video, we dive deep into the world of serialized fiction, explaining what it is, how it differs from traditional series writing, and, most importantly, how you can monetize it effectively. Whether you're a seasoned author or a newcomer, navigating the serialization landscape can transform your writing journey and open up new revenue streams.
📘 Notion Document for this Video: Explore detailed resources and guides mentioned in this episode. Perfect for following along and taking your serialized fiction to the next level: bytesizedbooksmith.notion.sit...
🚀 Camp NaNoWriMo 2024: Join me as I tackle serialized fiction for this year's challenge. Get insights into my process and progress by accessing the exclusive Notion document: bytesizedbooksmith.notion.sit...
🌟 Novelcrafter: Enhance your writing with advanced tools designed for authors. Start shaping your serialized narrative with Novelcrafter today: bytesizedlinks.com/novelcrafter
📚 Recommended Read: Become an Unstoppable Storyteller by KimBoo York. This book is essential for anyone looking to master the art of serialized fiction writing: amzn.to/4apuOC8
#AIWriting #AuthorTips #ByteSizedBooksmith #WritingCommunity #bookpublishing #CampNaNoWriMo2024 #SerializedFiction
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Timestamps:
00:00 Welcome
00:50 What is Serialized Fiction?
04:29 Serialized Fiction vs. a Series
05:55 Where to Publish Serialized Fiction?
06:07 Kindle Vella
09:46 Ream
13:17 Patreon
16:14 Laterpress
18:59 Other Places to Publish Serialized Fiction
20:40 Wrap Up

[@syenite]

I have been using Ream for my serial and loving it. It's great for reader engagement and the tagging system is amazing. I've used Patreon in the past and the way Ream organizes works into stories is just SO NICE compared to Patreon posting.

[@ByteSizedBooksmith]

Awesome! Thanks for sharing your experience with Ream.

[@grumpypants13]

For SF+F authors, Royal Road is a good option for serials. It's free, but there is a way to connect your Patreon (and more and more folks are starting to post links to Ream, so I'm sure that connection is coming soon) and readers are usually excited to subscribe for additional chapters. I do not recommend RR for romance - they do have the tags for it, but readers are dismissive and even sometimes hostile. The site does require you to tag your work as AI assisted.

[@ByteSizedBooksmith]

Sweet! Thanks for providing your experience. I have heard of Royal Road, but the general consensus, as far as I could tell, was that it was dated and ineffective. It's great to hear otherwise.

[@grumpypants13]

@@ByteSizedBooksmith It is sort of a... mini market, that works really good for certain types of stories, usually weird ideas, monster MCs, male-focused fiction, etc. Reborn as a Demonic Tree, for example, launched two years ago on a pen name that had seen minor success on the platform... within weeks it had over 10k followers and the author scored a semi-trad deal through Aethon Books to publish the serial on Amazon and through Audible. The author's Patreon saw huge jumps in subscribers and has stayed at those levels. There are lightning strikes like this all the time... but chasing lightning is always hard. I've personally seen minor success but also learned a lot about the SF+F serial genre while publishing there!

[@jenk2842]

Thanks for a great discussion of the serialized space! I'd definitely be down for a more in-depth look at Laterpress. I've shied away from serialized fiction because I don't read it, but I'll endeavor to read more before diving into the space! Do you have recommendations of historical fantasy or romantasy authors that write serialized fiction?

[@ByteSizedBooksmith]

Yep, I have some recs for you! I'm in the process of adding them at the end of the Notion doc right now. bytesizedbooksmith.notion.site/Where-to-Publish-Serialized-Fiction-c940eb3ae5ac424ab1c017e1ef665f2f?pvs=4

[@spaceemotion1]

How does Laterpress handle taxes (in terms of payments coming from people all around the world)? As far as I know Stripe does not handle taxes by default, so that's a bit of an unknown for me...

[@nategillick]

Authors are solely responsible for taxes, duties, tariffs, etc. that they may owe. We collect reader address info at checkout so authors know where sales came from for potential tax liabilities. We may in the future offer some form of tax services, but that is not an immediate priority for us. Most states in the US have thresholds of 200+ transactions in a 12-month period from residents of that state before registration / tax payments are required.

[@ByteSizedBooksmith]

Thanks,@@nategillick!