Here’s the Reality Check For Writers

July 1, 2017 at 9:41 pm 1 comment

A Writer's Path

by Doug Lewars

According to Forbes there are between 600 thousand and a million books published each year and roughly half are self-published. The average number of sales per volume is less than 250.

That’s not encouraging.

Of course I have no idea where Forbes came up with these numbers. Still, they tend to be pretty careful about what they publish so let’s assume the numbers are real. Now, if you are capable of writing, editing and publishing say, two books per year, and if you want to earn a conservative income of say, $30,000, then you would need royalties of $60 per volume. Given that publishers rather like taking their cut, your book would probably need to be priced around a hundred dollars. Better make that next book non-fiction.

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1 Comment Add your own

  • 1. slpmartin  |  July 1, 2017 at 10:11 pm

    Seems to be true of most areas of the arts…lots of artists and only a very small percentage of them ever make any money at it. 🙂

    Reply

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