July 2014 Author Earnings Report is OUT!

Tags

, , , , , , ,

READ IT HERE.
Excerpt:

The truth is that, regardless of which publishing path an author chooses, some genres of trade ebooks sell vastly better than others, period. Other genres languish. For Big 5 authors, Mystery, Thriller, & Suspense is by far the most lucrative genre. But you don’t hear many people assert that traditional publishing is only good for people writing sleuths. Another common refrain is that nonfiction and literary fiction are uncrackable genres for indies. But in non-fiction, self-published authors are earning 26% to the Big 5′s 35%.

It turns out that Big 5 publishers have nearly as small a portion of Romance earnings (18%) and Science Fiction & Fantasy earnings (29%) as indies have of Literary Fiction earnings (13%) and Nonfiction earnings (26%), respectively.

Self publishing isn’t just viable for Romance and Sci-Fi/Fantasy. While indie authors are absolutely dominating traditionally-published authors in those particular genres, indies have also taken significant market share in all genres, including Mystery/Thriller/Suspense and Non-fiction. The market for literary fiction is anemic for indie authors simply because it is an anemic segment of publishing overall.

In fact, Literary Fiction makes up only 2% of Amazon ebook unit sales and 3% of Amazon ebook dollar sales. More startling is the fact that 20% of that 3% belongs to a single aggressively-promoted title, The Goldfinch. Even including that title, literary fiction barely amounts to 2% of total author earnings. And indie authors earn 13% of that. That’s a not-insignificant portion of what turns out to be a pretty insignificant piece of the total publishing pie.”

Follow

Get every new post delivered to your Inbox.

Join 49 other followers