Feeds:
Posts
Comments

Great article from The Writer and great news for indie authors!

Today, a six-figure income – or at least a full-time writing career – is actually a possibility for independent authors.
By Patrick Walsh | Published: August 18, 2016


independent author book sales

 

Can self-publishing really become a lucrative full-time endeavor? Can indie authors ever begin to rival the income of traditionally published authors? A “yes” to either of these questions seemed but fable a few years ago. But today, a six-figure income – or at least a full-time writing career – is actually a possibility for independent authors.

Recently, an “Ask Me Anything” Q&A on Reddit caught my attention. It was hosted by independent author Chris Fox. Fox has been very successful in his career – so much so that he claimed to have earned $65,000 off his self-published books in 2015, and hopes to triple that in 2016 (meaning a six-figure income based on his eBook sales alone). In fact, he recently quit a six-figure salary in the software industry to write full-time. For a few hours, he answered a variety of questions from fellow writers and aspiring authors. (See the full Q&A here.) So I wondered: Is Fox an anomaly, or is this a rising trend?

 

Author Earnings Amazon salesCredit: AuthorEarnings.com

 

AuthorEarnings.com has published a report on this very subject, so I jumped into the data. Their May 2016 report reports 1340 authors earn over $100,000 per year on Amazon.com. The striking fact here: “Half of them are indies and Amazon-imprint authors.”

Surely this is just for eBook sales, right?  Brick-and-mortar print sales from the Big Five will most certainly bridge the gap and make up the loss in sales. Not true, Author Earnings finds.

“The author earnings gap between publishing paths is so wide among these six-figure-earning authors that once again brick-and-mortar print sales and the like cannot significantly alter the picture,” the report says.

Interestingly, Big Five-published authors make up a significant portion of the 100k-earners if they’ve debuted within the last 100 years. But if you narrow the timeline to those who’ve debuted within the last decade, indie authors make up an overwhelming amount of the big earners – see the figures here. The amount of high-earning, traditionally-published debuts dwindles as we get closer and closer to the present day.

This trend is also true for authors earning over $250,000 per year and over $500,000 per year. The data shows it: Independent authors are threatening the traditional model. It’s certainly an exciting time to be an independent author.

A bit about how these figures were discovered: Author Earnings use a software spider that crawls across Amazon’s bestseller lists, links to also-bought recommendations and through each authors’ full catalog. This resulted in a million-title dataset. You can download the raw data used to compile the statistics on Authorearnings.com.

Patrick Walsh is a serial entrepreneur and the owner of PublishingPush.com, which specialises in PR and book marketing. 

Keep writing! Until Next time…


Key reasons a book isn’t selling, but every one of them can be fixed.

Kristen Lamb's Blog

Screen Shot 2016-08-22 at 10.22.38 AM Original image courtesy of Juhan Sonin via Flickr Creative commons.

The writer’s worst nightmare. You researched, you wrote, you finished, and then published your book. You wait for the sales and……….*crickets*. This is something that can happen to any kind of author, traditional or nontraditional. We think we have a hit on our hands only to later be checking it for a pulse.

What happened? Why is the book just not selling?

The Market

Remaindered Titles Remaindered Titles

In the not so distant past, there was only one way to get published and that was traditional publishing. Though many authors cheered when they were finally able to cast off the chains of New York, let’s at least respect that agents and editors might have known a thing or three about the book business.

Writers would often get vexed at the stack of rejection letters, believing they couldn’t actually write well. This was…

View original post 1,918 more words


Fantastic article from Writer’s Digest!self publish

By: | August 11, 2016

Hybrid publishing is an emerging area that occupies the middle ground between traditional and self-publishing and therefore includes many different publishing models— basically anything that is not self-publishing or traditional publishing. “Hybrid publishing” is not a term all publishers or authors in this space use; other terms that describe this type of publishing include “author-assisted publishing,” “independent publishing,” “partnership publishing,” “copublishing,” and “entrepreneurial publishing.” But right now, because it’s a catchall, “hybrid publishing” is the umbrella term I’ll use throughout this book to refer to this middle ground.


brooke-headshot featuredgreen-light your bookThis guest post is Brooke Warner. Warner is publisher of She Writes Press, president of Warner Coaching Inc., and author of Green-Light Your Book, What’s Your Book?, and How to Sell Your Memoir, and the co-author of Breaking Ground on Your Memoir. Brooke’s expertise is in traditional and new publishing, and she is an equal advocate for publishing with a traditional house and self-publishing. She sits on the board of the Independent Book Publishers Association (IBPA), the Bay Area Book Festival, and the National Association of Memoir Writers (NAMW). She blogs actively on Huffington Post Books and SheWrites.com. She lives and works in Berkeley, California.


The hybrid publishing space is somewhat controversial, in part because it’s new and in part because there’s no universal agreement about what it is. Because hybrid models almost always involve the author paying for some or all services (and always in return for higher royalty rates), some assert that hybrid publishing is the same as vanity publishing. For people who like to think in black-and-white terms, the hybrid publishing space upends their sense of order. Without hybrid, there are’ just traditional publishing and self-publishing. Black and white. You get paid to publish or you pay to get published. The hybrid publishing space is not for black-and-white thinkers. There are a number of models, and in my experience what sets them apart from vanity presses is that they’re run like publishing companies. Many of them have a submissions process, control their own cover design and editorial process, and have publishers calling the shots and curating the lists. There are also traditional publishers that are cutting hybrid deals, in which authors pay for some services in exchange for higher royalties.

The payoff for the author in hybrid publishing comes from having more control. The author is investing in their own work, or perhaps raising money through crowdfunding to finance their work, and then keeping the lion’s share of their profits, rather than giving it all away. Authors retain creative ownership and are treated more like partners in the process, instead of being at the whim of their publishers.

The following are four main kinds of hybrid publishing:

1. Traditional publishers that have been brokering hybrid publishing deals for years.

The precedent for hybrid models goes back years and years. A number of publishers have cut deals with authors for what might have been qualified as “distribution deals,” “hybrid publishing arrangements,” or “copublishing ventures.” All this means is that the author pays up front in some capacity. This might be for part or all of the print run or the cost of production. In exchange, the author is usually negotiating a higher royalty rate, since they’ve invested in their own work. The only downside to this variation of hybrid publishing is that it’s not transparent. Most of the traditional publishers who do it don’t talk about it, because the concept of authors paying to publish is so heavily stigmatized. In fact, it’s still the case that authors who subsidize any part of their work are barred from submitting their work to some reviewers and to many contests. These authors do not qualify for membership in certain writers’ associations. (Thankfully, many review outlets, contests, and associations are changing their tune on this, but not enough of them and not fast enough.)

[How To Write Novels When You’re A Parent]

2. Partnership publishing models.

Models like these include my own publishing company, She Writes Press. Our authors absorb the financial risk of their publishing endeavor in exchange for high royalties. We offer traditional distribution (which we’ll explore in detail in Chapter 6) and all the benefits that brings.

Partnership publishing models like She Writes Press are exciting in that they offer authors access—to review sites, to a sales force selling their books into the marketplace, and to a partnership with a publisher that has a strong reputation with booksellers. The downside, however, is that there’s a real financial risk. Publishers mostly don’t earn out their investments on books they acquire, and partnership publishing is no different. You are assuming the financial risk for access and for the possibility of a high reward. However, it’s a competitive marketplace out there, and I always encourage authors to go into this option with their eyes wide open. It’s not a foregone conclusion that your investment will be recouped. Other presses like ours include Ink Shares, Booktrope, BQB Publishing, and Turning Stone Press.

3. Agent-assisted publishing models.

Many agents are starting their own publishing companies in order to publish the works of authors whose books they cannot sell. For the most part, these efforts are valiant. Agents feel strongly about the work they’re seeing and want to find an outlet where these authors can be published. They’re hybrid because the authors are being published under the agent’s imprint. What these models lack to date is any kind of effective distribution method. Where they excel, and what makes them like the other two models above, is in understanding publishing and putting out quality books that their authors can be proud of. One asset here as well may be on the foreign-market side. If your agent continues to represent you and has published your book, it’s likely they will make strong efforts to sell foreign editions of your work, so be sure to ask. Examples of agent-assisted publishing include Reputation Books (a division of Kimberley Cameron & Associates) and the Curtis Brown Group out of the UK.


wd_breakoutnovel_500x500ORDER NOW:
The Write a Breakout Novel This Year Collection is designed to
help you succeed with proven tips on structures, hooks,
characters, dialogue, viewpoints, settings, and more.
Only available online here at the WritersDigestShop.


4. Other assisted publishing models.

What makes assisted self-publishing models different from the partnership and agent-assisted models is that they may or may not be run by someone who knows about books. In these cases, you are paying someone to help you publish. You are not working with a team that is going to publish your work under their imprint. This model really qualifies more as self-publishing than as hybrid. However, I believe it’s important to include these models here, more as a caution to aspiring authors than anything else. Just because you are working with a company does not mean that it is a good hybrid company with services that will help your book succeed. The market for book publishing has exploded, and as a result a number of companies have cropped up to deal with the pain points unique to authors—namely, that getting a book from manuscript to publication is a complicated process. Many of these companies have given the word “vanity” some propulsion because they’re not vetting and they don’t care about editorial quality. That’s on the author, which is why I believe this is somewhat dangerous territory in which you need to be careful. This is basically expensive self-publishing, and some of these companies outright take advantage of authors. The company with the most notoriety in this space is Author Solutions (home of iUniverse, Balboa, WestBow Press, and Archway, to name a few). Not all assisted publishing models are bad, but some of them have a reputation for exploiting authors, so you want to be careful. Do your homework.

Until Next Time…


Starting book 3 in my own series, my mouth hung open a little as I saw this list and how many books were in each one.

Lengthy Young Adult Fiction Series: INFOGRAPHIC | GalleyCat

Long YA Series Infographic (GalleyCat)


Another fantastic post from Kristen!

Kristen Lamb's Blog

Odin The Ridiculously Handsome Cat Odin The Ridiculously Handsome Cat

In the last post, we talked about revisions and how often when we are making those next passes through we need to flesh, cut or refine our description. Can we be really honest about our description? Is it truly remarkable or just filling space? Are we weaving a spell that captures readers or are we boring them into a coma?

Okay, okay, do you have a point?

For those who never use description or very sparse description? Don’t fret. Description (or lack thereof) is a component of an author’s voice.

But obviously all writers will use some kind of description. We have to in order to draw readers into the world we are creating. If we don’t give them anything to sink their teeth into, they will wander off in search of something else.

So whether you are heavy or light on the description, here are…

View original post 1,883 more words


Just a few more weeks until this highly anticipated novel is released by talented writer Brittney Sahin! Grab your copy today on Amazon.

brittneysahin

FOREVER

Many of you know (that follow my blog), that I am the author of the romance suspense series, Hidden Truths. But I am passionate about all genres of romance, and although I am working on the 4th book in the Hidden Truths series (don’t worry- more books to come) … I would like to introduce you to my contemporary romance series: FOREVER. The Forever books will feature a different city around the globe with new couples to fall in love with. I am blending my passion for traveling & culture with my love of romance & writing. And I am so excited to share this with you all🙂

Where is the first stop?

FOREVER (1)

Why Rome?

Italy is one of my favorite countries. I am fortunate enough to have family there, and I fell in love the second I stepped foot in the beautiful country.

I also believe that Rome…

View original post 60 more words


Featured Image -- 3580Hi all, I have had an amazing pre-order run and I value each purchase. I have been informed that there has been a glitch in the system and the orders for the paperback were deleted. The positive side? You weren’t charged. If you pre-ordered the paperback I’ve been assured the issue has been fixed and I would appreciate you taking a moment to reorder. Thank you for your support!! http://amzn.to/29gHfoh

Read 5-star reviews on Goodreads: http://bit.ly/28LFell

Also available for pre-order at:

Barnes & Noble http://bit.ly/29NX8DL

iTunes    http://apple.co/29LelKx

Kobo http://bit.ly/28RjthM

Until Next Time…

Follow

Get every new post delivered to your Inbox.

Join 1,540 other followers

%d bloggers like this: