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Monday, 2 November 2015

Real Facts and Figures for the Indie Author.

So we Indies and our e-books are dying out? Huh! Read the facts at Authorearnings.com
These guys are great and they deal in facts!!!

http://authorearnings.com/report/individual-author-earnings-tracked-across-7-quarters-feb-2014-sept-2015/?utm_source=Author+Earnings+Updates&utm_campaign=3214c87399-September_2015_Author_Earnings_Report9_5_2015&utm_medium=email&utm_term=0_2438cb1801-3214c87399-128100545

When you look only at authors who started publishing less than a decade ago — in 2005 or later — the gap between the numbers of indie and traditionally published authors earning midlist-or-better incomes nearly disappears. Fast work, considering that none of those indies had widespread access to readers until 2010, giving their traditionally-published cohort-mates a five-year head start.

In fact, if we look at only authors who debuted in the “ebook era” — i.e. in 2010 or after — we see a reversal. At each annual earnings level, we find far more indies than traditionally-published authors who debuted in the last 5 years and are now earning that much or more.

If we look at the most recent debuts — authors whose first Kindle book was published in the last three years or so — the disparity grows:

There are fewer than half as many traditionally published authors as indie authors who debuted in the last 3 years and are now earning consistently at the $25K/year level or $50K/year level from Kindle ebooks.

This, then, is the world that all new entrants — whether traditionally published or indie — face in 2015. If you’re a debut author in 2015 with a manuscript in hand, or even an experienced author regaining the rights to your backlist or starting out with a fresh pen name, when choosing your publishing route it’s that right-most set of bars in every one of these charts that is today most relevant to you.

But what if you are destined to be more than a mid-lister? You don’t want to sell your work short. Isn’t it still worth being patient and pursuing the traditional route, to have a better shot at truly stellar earnings?

Surprisingly, as we move into six-figure-earning territory and beyond, the contrast between indie ebook earnings and traditionally-published ebook earnings becomes even more stark. Let’s look at:

In closing, while these trends in our changing industry are exciting, it’s also worth reminding ourselves that the odds against an author being able to make a full-time, high-paying career out of writing are long indeed. They always have been. There are many hundreds of thousands of US authors publishing books each year, both traditionally published and indie. Only a few fortunate thousand from among them will end up earning a living solely from their art, no matter which publishing path they take.

The choice of how to publish is never an easy one. It’s also worth reminding ourselves that what works best for one author may not be what works best for another. All paths have their merits and downsides, and neither can guarantee anyone success. But today, our chances of achieving that success as writers are better, and there are more ways we can make it happen, than at any previous time in history.

And that’s a wonderful thing.

Download the raw data this report is based on (.xslx)

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11 Responses to “Individual author earnings tracked across 7 quarters, Feb. 2014 – Sept. 2015”

Brian Meeks
September 23, 2015 at 3:59 pm

Hugh,

Like all of your reports before, this one continues to shine a light on the current state of the publishing world.

I’ve never questioned my decision to be an Indie author and even if the numbers showed that Traditional was the way to go, the freedom and control is what I like most about being an author/publisher.

That being said, this is the first year I’ll crack the 25K mark (possibly the 50K mark, but that depends on how the last quarter goes. Last year I hit 10K and the year before 5K. The big difference each year as been the number of titles I have available.

This business has changed my life and I’m very appreciative of all that you do for our community. Reading these sorts of reports always makes my day.

Thanks,

Brian D. Meeks
(Sometimes Arthur Byrne)
Reply
PG
September 23, 2015 at 4:14 pm

Historical Novel Society Review

Well! Wow! A review to end all review by a reviewer who really tuned into what I was trying to say. Thank you, A. K. Bell.

And because the review is Editor's Choice my novel is now entered into the HNS's Indie awards. much Joy!

Here is the link to the review: https://historicalnovelsociety.org/reviews/tizzie/

and the review:

Tizzie by p.d.r. lindsay

Naive and trusting, Tizzie never questions the life she leads as unpaid help in her brother’s household. Help is not quite correct – Tizzie is an accomplished cheese-maker, and by rights she should have a nice amount of money set by for her hard efforts, but brother Jack and rapacious sister-in-law Maggie have been stealing from her for years.

And not only her money. Tizzie was in love, but should she marry, her brother would have been obliged to pay her dowry, so he lied, making Tizzie believe her sweetheart had left without her. Since then, Tizzie has locked her feelings away – except for when it comes to Agnes, her niece who is destined to a life as unpaid help to her oldest brother. History repeating itself, but when Tizzie discovers how Jack stole her future, she vows she’ll not let the same happen to Agnes.

And so a silent and lethal power-struggle begins with Tizzie and Agnes fighting a losing battle against Maggie’s greed. Ms Lindsay does an excellent job of depicting the building tension, the slow tightening of the bonds of future servitude round a desperate ten-year-old girl and her helpless aunt. But Tizzie and Agnes have some allies, and the more Maggie pushes, the more Tizzie realises this is a fight she must win – for Agnes’ sake.

Set in the Yorkshire Dales at the end of the nineteenth century, Tizzie is not only the dark and gritty tale of a woman whose dreams were cruelly crushed by her brother and his wife. It is also a vibrant description of life in the 1880s, period detail inserted with impressive skill in a narrative that flowers into fantastic descriptions of the Dale while never losing pace and a sense of impending doom. This is a harrowing and addictive reading experience in which hope flickers feebly in the dark. But it does flicker, and it is quite impossible to remain unaffected by Tizzie’s determination to ensure her niece will have what she was denied – a life.