This month I have been writing about FAQ such as how long it take to self-publish and how much will it cost. This week I will address the common question “How much money will I make from my self-published book?”
It is difficult to estimate how much an author will earn from a self-published book because many factors influence the income. Authors earn royalties based on the sales of their books, so their income is directly linked to how well their books sell. The number of books self-publishing authors sell and the income they make from those sales vary greatly. Some authors only sell a handful of books a year, while others are capable of earning over $100,000 a year.
How do you know where you will fall? Self-publishing is all about investing in yourself. Given that successfully publishing a book involves 20% writing and 80% marketing, you should naturally spend most of your time and money promoting the book after you write it.
The income of a self-publishing author is 100% in their own hands. No one can “predict” how much you will earn as that is only a result of two things: the quality of your book and substantial effort in marketing it to the right audience.
If you have questions about self-publishing, feel free to comment below and I will try to address your topic in a future post. Also, be sure to check out the previous posts in this series:
Top 4 Self-Publishing FAQs: Part II
|ABOUT JODEE THAYER: With over 20 years of experience in sales and management, Jodee Thayer works as the Manager of Author Services for Outskirts Press. The Author Services Department is composed of knowledgeable customer service reps and publishing consultants; together, they all focus on educating authors on the self-publishing process in order to help them publish the book of their dreams. Whether you are a professional looking to take your career to the next level with platform-driven non-fiction or a novelist seeking fame, fortune, and/or personal fulfillment, Jodee Thayer can put you on the right path.|