Wondering how much indie authors make from their ebooks?
Romance author Brenda Hiatt has published another indie author earnings report. Some 227 authors responded to her survey. You couldn’t call it a representative survey of the many thousands of Kindle authors, of course. The number of authors surveyed is too low. And obviously authors had to be aware of the survey, and be willing to share their results, even anonymously.
(That said, Brenda deserves our respect and thanks for the amount of time and energy she’s put into her survey — thank you Brenda!)
Big earning authors could skew the results too: average author earnings were $91,337, for example. Brenda reports:
“MEDIAN earnings per author: $20,000 (half of earnings fell above, half below this amount)
“Earnings reported ranged from a low of $4 (which might possibly have been a typo) to a high of $2.1 million.
“This works out to an AVERAGE of $7,996 per title for 2014 earnings. (If there are duplicates in the frontlist & backlist columns, average per-title earnings would be greater.)”
The top-selling genres were: “Contemporary Romance, Paranormal Romance, and Romantic Suspense/Mystery (in that order.)”
As I keep suggesting, pay attention to genre. Just like in real estate, it’s location, location, location… Your ebooks need to be on the right shelves, so to speak.
What can you learn from this?
Consider that these authors are all indies. That is, they self-publish. They don’t need a literary agent or major publisher. It’s more than possible to do it yourself — and it’s not hard either. However, you do need to be aware of how Amazon works (see “location”/ genre, above.)
You also need to publish more than one or two ebooks.
And you need to publish quality material. Or maybe I should say must-read material: we talked about Amazon’s new policy for Kindle Unlimited of paying authors according to how many pages are read.
So tap your little fingers to the bone. What these Kindle authors have done, you can do too. 🙂
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