This is a story that has been sensed by many. On the left, we have a chart showing the average rating of 7, bestselling e-books. When recognized by publishing experts which is far from a guaranteethese manuscripts are snapped up by agents and go to auction with publishers. Was this skewing our results.
We ran this report and put each author into one of seven income brackets. Depending on the source, the model changes, but not enough to greatly affect the results. When I faced these decisions, I had to rely on my own sales data and nothing more.
This is also true of the writers earning hundreds or even thousands a month. We hope to answer questions like this as we run reports every quarter to track shifting trends.
The next thing we wanted to do was estimate yearly e-book earnings for all of these authors based on their daily Amazon sales.
Both charts break the books up into the same five categories. What is a secret is how much. UColor Two-Pocket Coloring Folders Each heavyweight paper portfolio has an intricate design that is ready for you to bring to life. Before we reveal the next results of our study, keep in mind that self-publishing is not a gold rush.
What data we do have often comes in the form of surveys, many of which rely on extremely limited sampling methodologies and also questionable analyses [ link ]. And now we finally have some answers. The first run grabbed data on nearly 7, e-books from several bestselling genre categories on Amazon.
These reports can be run so long as books are ranked. We can clearly see that the demand from readers for more of these works is not being fully met by traditional publishing.
Here, we will see that publishers should cross their fingers and hope that the share of e-book sales increases rather than flattens.
But this figure is based only on sales reported by major publishers. I received an email from an author with advanced coding skills who had created a software program that can crawl online bestseller lists and grab mountains of data.
And so I complained to our magical data snoop that we were only looking at e-book sales. What does the future look like. Any change in those numbers impacts all books equally, so the picture of how authors are doing according to how they publish remains the same.
Indie authors are most likely earning more simply because they have more books for sale. Luckily, I had charted my daily sales reports as my works marched from outside the top one million right up to 1 on Amazon.
What will our graphs look like once more up-and-coming authors skip straight to self-publishing. Those that do sit spine-out on dwindling bookstore shelves for a few months and are then returned to the publisher and go out of print.
This lack of data has been frustrating. The works are heavily promoted, and if the author is one in a million, they make a career out of their craft and go on to publish a dozen or more bestselling novels in their lifetime.
That model needs to change.
Write-on Project Folders Colored coded folders with full-length write-on tab help you divide, organize and color code projects. Note the shortest bar in one graph correlates to the tallest in the other. If I had to guess what the future holds, I would say that the world of literature has its brightest days still ahead.
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