So at B&N Indie / self
published authors earn less?
Most self -
published authors earn the bulk of their money from ebook sales.
Here comes another article on how very little self -
published authors earn!
1) Revenue — Self -
Published authors earn 80 % of their revenue for each sale with Lulu.
As someone else pointed out, it's worth mentioning what many Traditionally
published authors earn on their EBooks sales is NET and some of us are on as little as 15 - 20 %.
The Guardian examines writers» incomes in Stop the Press: Half of Self -
Published Authors Earn Less Than $ 500.
Amazingly, only 2 % of traditionally
published authors earn $ 100,000 or more per year, while 8 % of hybrid authors make that income.
«Indie ebook authors are earning royalty percentages that are 3 - 5 times higher than what traditionally
published authors earn.
The top selling self -
published authors earn most of their money from ebooks sold on Amazon.
And I know more self -
published authors earning a full - time wage than I do traditionally published ones (almost all of whom have day jobs).
Also, I happen to know more self -
published authors earning a living wage then I do traditional.
This amount, however, is significantly skewed by the top earners, with less than 10 % of self -
publishing authors earning about 75 % of the reported revenue and half of writers earning less than $ 500.
There are more
published authors earning # 5,000 and less pa from their writing than there are authors who earn over # 100,000.
According to the Taleist Self — Publishing Survey, 50 % of self
published authors earned under $ 500 in 2011 from their books and 10 % of those surveyed authors earned over 75 % of the total revenue.
Ask any very successful
published author earning a great living from their work and they'll likely tell you it wasn't an easy road to get to where they are.
A couple years ago, many people claimed that most self -
published authors earned less than $ 250 (even only a few traditionally published authors sell enough books to be rich).
In the daily author earnings section, the figures reveal that self -
published authors earned 2 % more than the previous quarter while Big 5 authors held steady.
Not exact matches
Jackson is the lead
author of a new study to be
published in Psychological Science that tracked nearly 5,000 married Australians for five years and measured how a spouse's personality impacted whether their partner received a promotion,
earned a higher salary or experienced higher levels of job satisfaction.
Where copyright led to books being priced as luxury goods in the U.K., the threat of piracy forced German publishers to produce cheap editions for the masses alongside their premium - priced editions, resulting in a period that Höffner believes may have been the most lucrative ever for
authors — he discovered, for example, that an obscure Berlin chemist
earned more in royalties for a tract on how to tan leather than Mary Shelley did for writing Frankenstein — prompting more academics to
publish their findings, and encouraging the spread of practical manuals in fields like medicine, engineering and agriculture.
When it was
published six years ago, The Humbling
earned Roth some of the harshest reviews of his career, with many critics accusing the revered
author of indulging in a pathetic, May - November sexual fantasy.
By engaging in self -
publishing through Infinity, the
author retains all rights to the book and Infinity pays monthly royalties on every book sold — we
earn our profit selling books to ever expanding niches and discount books to our
authors who create and control the content.
LifeRich
Publishing offers individuals and organizations an opportunity to
earn referral fees when they introduce aspiring
authors to LifeRich
Publishing.
But perhaps the best reason is because
authors publishing under «higher» packages
earn higher royalties and their book copy prices are less expensive.
The reason: because the
publishing arrangement is a rev share, where
authors are paid an advance against earnings, but they run into a situation where the expenses need to be covered and the more OR spends on marketing, the more money needs to be
earned before all the expenses are covered — of course, naturally, the more money spent on marketing leads to more sales — so a balance must ultimately be struck.
The problem is indeed that traditional
authors expect to have their book
published, get a big advance, and if it doesnâ $ ™ t
earn out hard luck for the publisher - they have to take risks.
Amazon allows self -
published authors to put books on their platform and
earn between 35 % and 70 % of the list price of the book.
Five or so years into the disruption of the
publishing industry, we should be seeing the first wave of
authors who are working harder while
earning less.
They frequently cite that most of the Amazon bestsellers are written by indie
authors and that they are
earning more money than writers who get a traditional
publishing deal.
And I don't see where you get the idea that it is easier to make money going indie than it is traditional, -LCB- to join these organizations you have to
earn «x» amount of money over a single calendar year, where the specified amount for indie publishers is a * multiple * of the requirement for traditionally -
published authors minimum income, because it is easier to make money by going indie, -RCB- because it is actually harder.
The
Published Authors Network (PAN) is a group within the RWA and is the only part of RWA that has an
earning qualification for membership.
With whole data sets dedicated to examining not only what self -
published authors truly
earn but also what traditionally
published authors are (or more likely, are not)... [Read more...]
40 % of all dollars
earned by
authors from ebooks on Amazon.com are
earned by indie self -
published ebooks.
So, by your definition, most writers
published by the big guys aren't
authors because many off them can't afford to live off what they
earn.
With whole data sets dedicated to examining not only what self -
published authors truly
earn but also what traditionally
published authors are (or more likely, are not)
earning, the facts seem pretty clear:
The booksellers blamed this on the rampant increase in indie
authors who often would
publish such stories to gain publicity or
earn money.
But if
authors are not
earning much, why are so many of them stating they will continue to self -
publish?
Guest was saying that this «If you can
earn your living from your writing» described hundreds of self -
published authors.
If anything, more self -
published authors are
earning enough to make a living with their craft (see point 1).
As you are well aware there are many traditionally
published authors who don't
earn out their pitiful advances so they would be relegated to the minor leagues using your approach, leaving the way clear for some indie writers who sell well — sounds OK to me.
If my respondents fell in the have 1 - 3 self -
published books out range, my results would say that almost 80 % of those
authors earned $ 0 - $ 10k.
The vast majority of
earn out amounts on her site are over $ 1000, so even if an
author publishes only one book a year, they'd still beat that DBW figure.
Independent
authors using Kindle Direct
Publishing earned $ 2.18 each time their books were borrowed in March
While writing and
publishing your own book can be sufficient reward, regardless of money, there are plenty of
author - publishers who are
earning a good living and more, from their self -
published books.
With Greenleaf,
authors have access to full in - house services, retain the rights to their work, and
earn higher royalties than with traditional
publishing.
Hmm, that's quite different from the 5 % for self -
published - only
authors earning those numbers in the DBW report.
Since I know a lot about writing and painting, the fickle worlds of
publishing and fine art, and have gotten pretty damn good at internet marketing, platform building, and online sales, it's really easy for me to help struggling artists and
authors figure out what their problems are and get them
earning enough money to quit their jobs and focus on being creative geniuses that change the world.
Every time a customer borrowed an independently -
published book in March, the
author earned $ 2.18.
Help writers become
published authors and
earn extra money by placing AuthorHouse banner ads and links on your website.
Dana Lynn Smith, the Savvy Book Marketer, teaches
authors and indie publishers how to sell more books and
earn more money from their
publishing business.
Plenty of commercially
published authors see no profit on their books, once they've factored in their hourly rate for writing the thing — they
earn their real living from work associated with their books, such as journalism, merchandising and the after - dinner speaker circuit.