book2book

  booktrade.info

Search Booktrade.info:  


Tuesday 29th July

Book2book Home Book Trade News Trade Announcements Bestseller Lists About Booktrade.info

Exactly How Much Does A Self-published Book Earn?

Posted at 7:17PM Thursday 27 Feb 2014

Why is everyone so secretive about what they truthfully earn from their books?

I believe it would be helpful for the many thousands of authors venturing into self-publishing if those who have gone before would be a little more open and transparent about how much they are actually earning for their efforts.

Authors are traditionally evasive about their earnings, either out of modesty or embarrassment, so it is almost impossible for a newcomer to get a true idea of what rewards are likely to lie in store.

So, in the hope of encouraging others towards greater transparency, here are some actual figures for my novella, "Secrets of the Italian Gardener", which went up on Amazon about six months ago as part of their "White Glove Service", in conjunction with United Agents, one of the biggest and most successful literary agencies in London.

After a month or so the money started to dribble in at about £50 a month, but much of that was from purchases which I had made of POD copies that I could hand out for promotional purposes.

The reviews started to build up, (on Amazon there are now eighteen with five stars, four with four stars, two with three stars and one with one star), on various blogs, writers' websites and a variety of news sites. That meant that anyone coming across the book could feel pretty confident that they would not be wasting their money, but the problem still remained of how to alert people to book's existence in the first place – (the all-encompassing problem of "discoverability" which dogs ninety nine per cent of books ever published).

Once they could see the reviews building, Amazon included the book in a promotion which instantly raised it from around 150,000 on Kindle's charts to being in the top thousand and number one in their "political books" category. Most of the sales were in the UK, but some also came from the US and Germany, (even though it has not yet been translated).

So, the actual money coming from Amazon in February has been just over £850, from which United Agents deduct their well-earned fifteen percent. Since the costs of the cover design and the initial purchase of copies was covered with the earnings from the previous few months, this is now clear profit.

If the book was a plant I would say it is now firmly bedded in and starting to spread its roots. It should now be able to thrive once the sun warms the ground and blossom with time and continued tender care.

Andrew Crofts




Get book trade news by email

Daily book trade headlines and breaking publishing news by email - just £3 a month. Click on the Subscribe button below to sign up now

Find out more


Search the news archive:
 






More Book Trade News

Kirklees Considers 'Nuclear Option' As UK Libraries Holocaust Continues
www.teleread.com

The West Yorkshire town of Kirklees is contemplating closure of all but two of its 26 libraries

Google Is Helping James Frey Build A Multimedia Sci-fi Juggernaut
www.theverge.com

'Endgame' blends print, film, gaming, and a global treasure hunt

Kim Kardashian Publishing A Selfie Book
guardianlv.com

The reality star is taking it to another level

App Businesses Not Making Enough To Survive
goodereader.com

Every day there are hundreds of new titles fighting for our attention

Eisner Awards Go To Saga Author Brian K Vaughan
www.theguardian.com

Comics world's most prestigious prizes also go to Matt Fraction, Chip Zdarsky and Rutu Modan

Locals In Leonardo Sciascia's Sicily Town Fight Planned Sale Of His House
www.theguardian.com

Italian writer, who died 25 years ago, lived in Racalmuto, where residents are campaigning for his former house to be saved

Account Sign-In

Most Popular Stories

  1. Read Or Dead: Is This The End For The Ereader?
  2. Holiday Reads: What Are Cameron, Miliband, Clegg And Farage Packing In Their Suitcases This Summer?
  3. Dragon Slayers Nab £100,000 For A 4pc Slice Of Their Kids Publishing Start-up
  4. Britain's First Young Adult Literature Convention - Report
  5. Writers Unite In Campaign Against 'Thuggish' Amazon
  6. Meet Apple's New 'Pandora For Books'
  7. Romance Writers Of America Announces 2014 Award Winners
  8. Blue Peter Book Awards 2015 - Call For Submissions
  9. Judge Takes Issue With Apple's $450m E-books Settlement Offer
  10. Will Amazon Ever Be Profitable?