- 1 How many books do most indie authors sell?
- 2 How many books does an indie author sell?
- 3 How many authors use KDP?
- 4 How many authors self publish on Amazon?
- 5 What percentage of authors self publish?
- 6 What is the most successful self published book?
- 7 How much do indie authors earn?
- 8 How much do first time authors make?
- 9 How much do authors make a year 2020?
- 10 Is Amazon Self Publishing worth it?
- 11 Do authors get paid for library books?
- 12 Do authors get paid for Kindle books?
- 13 Is self-publishing worth it?
- 14 How much do indie authors make on Amazon?
- 15 Do self-published authors make money?
There are all kinds of statistics bouncing around out there, but generally speaking, most self-published authors will likely sell around 250 books or less. A few years ago, the industry was buzzing when statistics revealed that the average self-published author earns less than $500 from her books.
So, for example, an author can have two or more author names with an author rank of 20,000 or better, and may still be selling 1,000 books per month. At a modest $2 royalty, which many indie authors make, you only need to sell 500 books to make $1,000 per month, which is $10,000 per year if you can do it consistently.
Globally Amazon’s KDP has now published more than 2 million books. Has 100,000 authors in India – The New Publishing Standard.
Amazon’s CreateSpace division dominates the print self-publishing market, with 1.4 million self-published print titles last year, up from 929.290 in 2017. Lulu published the second most print self-published titles last year, with its output rising to 37,456 titles, from 36,651 in 2017, according to Bowker.
Today, it is just 1%. The better options available to authors are making a difference. The turning point came between 2011 and 2012 when Amazon “absolutely crushed their competitors” says self-publishing service Author Imprints. A report by Statista says over 675 million print books were sold in 2018 in the US alone.
What is the most successful self published book?
The most successful self-published book to date is E.L. James’ 50 Shades of Grey. What started as fan-fiction for Twilight became its own thing, selling over 100 million copies worldwide and holding the record for “fastest-selling paperback.” It stayed on the New York Times Bestseller list for 133 consecutive weeks.
According to data from a new survey from Digital Book World and Writer’s Digest, the median income range for self-published authors is under $5,000 and nearly 20% of self-published authors report deriving no income from their writing.
As we can see from many authors and agents the average first time author is projected to earn around $10,000 for their new book. After you pay your agent and invest in promotion, there isn’t much left over.
This figure can vary from $15,080 to $127,816 per year, depending on experience, the writing subject matter, contract terms and book sales. Regarding book sales, as with many business owners, a novelist’s salary can fluctuate depending on the amount of product sold.
Is Amazon Self Publishing worth it?
Self publishing on Amazon is also worth it if you can use the clicks and views that your eBook receives to boost another venture. The highest paid authors on Amazon have a series of books and have spent years building that up. And the highest paid authors on Amazon KDP tend to be fiction writers, too.
Authors get paid a royalty every time a library buys a copy of their book from the publisher. In most cases, libraries will buy a single copy of your book, getting you one unit of royalty payment (which does not amount to much).
Central to Amazon’s gambit—and authors’ pay—is Kindle Unlimited. Regardless of participation in KDP Select, authors who self-publish on Amazon through KDP also earn a 70 percent royalty on books priced between $2.99 and $9.99, and a 35 percent royalty on books that cost more or less than that.
Is self-publishing worth it?
Whether or not self-publishing or getting a publisher is better relies entirely upon your own goals and resources. If you want to have far more creative control but pay a little more upfront (with the knowledge you also make a lot more in royalties), self-publishing is the best route.
Kindle Direct Publishing (KDP) enables indie authors to publish and sell ebooks and paperbacks directly to millions of Amazon customers. Authors generally earn royalties equal to 35% or 70% of the ebook’s list price minus the distribution cost (which is determined by the ebook’s file size).
Self-published authors can make between 40% – 60% royalties on a single book sale while traditionally published authors usually make between 10%-12% royalties. First-time authors who want to traditionally publish can get an advance, which is usually $10,000 (usually not that much more for a first-timer).