Here you can follow the blow-by-blow account of my attempt to transform myself into a (regularly) published author.

Like the Anastasia Raven Fan Page!
And sign up to receive the Books Leaving Footprints Newsletter. Comes out occasionally. No spam. No list swapping. Just email me! Previous gifts include a short story, a poem, and coupons. Add your name, and don't miss out!

Wednesday, February 12, 2014

Ahead of the Curve, But a Long Way to Go

I recently read an interesting article in Galleycat that compared the levels of income made by various types of authors. Their information was taken from Digital Book World. Here's the chart I found most interesting.

It might be a little difficult to interpret. The four bars are different types of authors. I'm not sure how aspiring authors make anything... but I suppose some people label themselves as aspiring even if they make a little money. The blue color is the percent of authors in each category that make nothing. As in $0.00 a year. Zero. One would expect that for aspiring authors. But look at the blue color in the Self-published bar. It's 20%. That's a fifth of all self-published authors who make not one penny from all their work. (And it's almost that many for traditionally published authors- getting a publisher does not guarantee money.)

Now look at that pukey-green color. It's the biggest band of color for the Self-published authors. It goes all the way up to about 78%. Now subtract out the 20% that make nothing, and 58% of indie authors make something, but less than $1000 a year. I guess that's ok if you want to write for a hobby, but it's not even a dent in any kind of income to sustain a person.

So the blue and green together show authors who make under $1000 a year. That is over 50% of traditionally published authors. That suddenly doesn't look so magical, does it. Those who are hybrids- use both self publishing and publishing companies manage to drop that to about 45%, but still not great. For complete indies it's almost 80%.

I think there's an error on the chart for the next band. The band-aid color is the next one up, but in the legend it's pale blue. I suspect the legend is wrong. So look at the band-aid band (who chose those colors, anyway?). This is authors who make between $1000 and $2000 a year. For indies, it's about 10%. And it's the band where I fit.

I'm very encouraged by this. Sure, I'd like to be higher. My goal at the moment is to be in the orange band, but I had no idea that I'm already doing better than about 80% of self-published authors.

Thanks to all my readers, editors, promoters, and fans for getting me there!

You can read the entire article at Most Authors Make Less Than $1,000 a Year: DBW

1 comment:

The Furry Gnome said...

Well congratulations! Better than 80% eh, that seems pretty good to me! Really encouraging, and an interesting chart.