Sunday’s post (Do You Need A Publisher, Part 3: Money) addressed how the publishing path you take might affect how much you earn. This week’s recommendation is a report from AuthorEarnings.com tallying author earnings based on over one million titles available on Amazon.
The data is presented in income brackets, such as $10,000 in Amazon sales per year and seven figures in Amazon sales per year. The report includes graphs showing how many authors fit in each bracket by type of publication, so you can see the number of self-published authors versus Big 5 published authors who, for instance, earned six figures per year from Amazon sales.
The report also compares long-established authors with newbies. For example, the report shows “1,340 authors are earning $100,000/year or more from Amazon sales. But half of them are indies and Amazon-imprint authors. The majority of the remainder? They come from traditional publishing’s longest-tenured ‘old guard.'”
You can read the AuthorEarnings report here:
http://authorearnings.com/report/may-2016-report/
Have a great weekend!