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Just what everyone else has said — thanks to Hugh and his data guru for this terrific piece of work. A future report will nail this number more closely and also comment on why publishers lose visibility by not understanding how best to categorize their e-books on Amazon. Buy Logitech MK Wireless Desktop Keyboard and Mouse Combo - Entertainment Keyboard and Mouse, GHz Encrypted Wireless Connection, Long Battery Life: Keyboard & Mouse Combos - ccleanerpcfreedownload. blogspot. com FREE. ★★ Slimcleaner 3 Review ★★ Fix, Clean [ SLIMCLEANER 3 REVIEW ] And Optimize PC! SPEED Up Your PC FREE Scan Now! (Recommended). - Ccleaner Top. An excellent alternative to Chrome, Firefox has focused on slimming down over the past few years after complaints it had become bloated. If you haven’t tried it for a while, it might be time to give it another go.



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Have yet to find anything that handles playlists well. Before I could copy from your letters immerges and texts in the word [Office XP] but now only text — way I use windows xp pro Alex. Connect with us on facebook or twitter: Hugh, how do you know? View or edit your browsing history. Thank you for the feedback! You have provided us with a snapshot of our industry and for that I am most grateful.



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It might be something to ask the data — do indie-published books show more volatility in rank and sales than legacy?

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The apps experienced the usual timeouts that you would expect when the computer sits there for 15 to Amazon-published, The Zombie Bible. In self-publishing, the pile that is not worth reading is a Tower of Babel reaching to the sky, with only a few armloads of the kind of books I want to spend my time reading.



How do you find the good stuff? And, if you have written the good stuff, how do you make people aware of it? But what Hugh was analyzing were top sellers, not everything published. And there I tend to agree with him: Indeed, an increasing number of e-books seem to be self-published versions or re-releases of traditionally published books!



I so agree with you on this point. I very rarely award five stars to a book. Readers need to look at the online previews before buying. This is one fantastic report, Hugh! Just as I and many other indies had suspected, the future only gets brighter and brighter.



This report is a good kick in the pants to get more books written, and add to our library of titles. One way that traditionally published authors still can make more money has to do with the sale of Rights and Permissions — film rights, reproduction rights etc.



Bowker is already allowing self-published authors to assess, clear and register their Rights on-line and other self-publishing sites are looking at making similar opportunities available. This really evens the playing field although it is an area the Big Five is particularly skilled at cultivating.



Wow — what an exciting time to be a writer! Thank you for all this research. I keep going back to examine it over and over, trying to wrap my head around everything. Some indies price very low. It has been a lonely road to self-publishing.



I would have loved paying an agent their percentage to help guide me through all the decisions that had to be made. It seems that the self-publishing revolution could actually offer agents more opportunities to make a living instead of fewer.



As an aspiring writer that has six months of serious writing and twenty years of dreaming about writing under my belt, this kind of information is invaluable. The idea of spending years to perfect my craft only to spend years to beg my way into print through agents and publishers in the hope of making my way on to a bookstore shelf only to die in obscurity was depressing, to say the least.



Thank you for taking the time to show those of us that have a dream, but no numbers to back it up, that there is an opportunity out there. The efforts of you, Konrath, Eisler and others are invaluable. What a great job, and a great deal of information!



As a self-published author, I have often wondered about seeking an agent rather than trying to market my work on limited time. This data comes from genre fiction. Genre fiction is very different from other parts of the publishing universe.



Non-trade publishing is roughly half. And genre fiction is roughly half of the fiction piece. The picture for self-publishers has always been decent in most of the non-fiction part of the business, as long as the self-publisher did his or her homework and put in the time and effort to learn how to publish well.



You need to crunch your numbers, including the fact that traditionally published books sell very well in places other than Amazon and in formats other than ebooks, while self-published genre fiction still faces the same or worse uphill battle that it always did.



Your spreadsheets should be your best friend. Unverified assumptions will bite you in the back. After more than a decade working with self - and micro-publishers and more than two decades doing publishing finance and ops, I have seen more authors and publishers crash and burn because of assumptions and lack of number crunching than for any other causes.



I would personally judge the book by value-over-time, which is nothing new and everyone does it either consciously or not. When I book classical text book then I will prefer to keep it in paper which can be referenced, book marked, moved around and shared.



I have tried to use digital books for some latest technology but even those are hard to use, however feasible. Why do you think people go to library to read all fiction books? Thank you for an excellent article.



I have been traditionally published author of textbooks for over 20 years and while I have made a very good living from these books and am grateful to my publisher, I have chosen to go indie for my fiction.



As pointed out in the article, a vital benefit of indie is control. But we still have to eat. Your report confirmed what I have suspected based on my own experience—that I will, potentially, make a lot more money going indie than I would if I waited many many more months to snag an agent and then a publisher.



Now please do the same with data for the historical fiction and literary fiction genres …! Reading this article makes me feel like my decision to fire my agent and go the indie route was a good call.



As someone who used to have an agent and is now happily agent free, when I hear about writer friends querying agents I always want to ask why. Going the indie or small press route is so much easier than trying to deal with the big five, and according to you more profitable too.



Plus it gives me complete control over editorial process, cover design, etc. First mystery in the mill and will be launched soon…. How lucky you are all! You have a whole industry, giving you a nomber of oppotunities.



You can get a professional education in creative writing, you have agents, broad net of publishing houses, and finally self-publishing services. Here, in Russia, we have no agents at all. Just pair of dozens the most famous writers can get income from their writing.



I see my chances for traditional publishing are tiny, so I consider a self-publishing the only chance. This article is much hopeful for me, so thank you very much, Hugh Howey, for it. Just add me in FB: A real eye opener for the non Math person.



The thing, I believe, both of those analyses fail to examine is the author motivation to begin with. My experience was different. It was critically important for me to get shelf space in libraries. I wanted the credibility to be able to speak in schools.



I gave up a larger advance to be able to work with a publisher that would better bring those to the table rather than go with the big 6 offer on the table. If money is what counts, this report is going to be discussed for many years.



But money is not always what counts. I certainly give an A for effort. I really thank you for try to take a stab at figuring out what is happening with the market. But I think your data are flawed. My biggest problem is it is one day.



In that short timeframe, the data are going to be noisy. The second problem is you are taking only the top books. It is kind of like sampling Hollywood actors and then saying that somehow applies to all actors.



I think if you can keep extracting data over a year, you will have a better set with which to make better conclusions. That would give a better why to predict book earnings over time. This is really great that you are doing this.



I have been trying to get answers myself and it is very hard. And I can appreciate the difficulty in working with data and getting data. Even a single day shows market share between publishing paths. That noise is frothy, but consistent.



Market share is the key to driving competition and bringing about industry change. Who suspected that before this data was released? Or the preponderance of e-books over other formats? Hugh, how do you know?



One day of sales data in the camera industry would not show market share. Well, it might if you you picked the right day, but how do you know if you have the right day? Perhaps the data are right. But from what you presented, I feel there is too much uncertainty.



You can prove it with other measurements over time, but to claim accuracy without proof is a weak claim. So are you collecting data daily and will you carry that through the year? That will be interesting.



My word count has suffered because of this. One thing I do wish had been included was main genres although I know that would present extra programming. One size does not fit all. This was a fascinating article.



It certainly says a lot, even if there are flaws in the snapshot selection of data that would make the conclusions statistically questionable at best. I do have a lot of questions and some general comments that are a bit on the edges of what you were trying to communicate here.



I find your categories confusing. When you say indie published, do you mean self-published? Or when you say indie-published, are you referring to the traditional definition of small independent publishers? But then your small publishing section misses the fact that royalties for small independent publishers are often to similar formulae as Amazon.



Or are you differentiating between people who solely publish on Amazon and those who do it on other sites, too? Where did you get your revenue breakdown values? Again, this misses the fact that small indie publishers often pay formulae similar to Amazon.



You made some statements at the end that are pretty important but you hurriedly tried to brush them away with the big hurrah for self-publishing. I think these things are pretty important. In my experience as a reader, at least half of the self-published work out there suffers dramatically from an author with an ego bigger than their ability to use a semicolon.



Basically, vanity publishing has just gotten more accessible and lower cost. Or if you happen to like doing those things, which is sometimes the case. Traditional publishing will always have a place, whether big or small, and there are lots of authors who are pleased as punch to have gone that route and had someone who valued their work make it the best it could be before it hit the shelves.



The information here validates what I suspected all along. And correlates with my personal experience as an indie author. Once I made the decision to indie publish, I never looked back. Letting readers be the gatekeepers is the surest way to encourage competition and fairness for everyone.



I look forward to self-publishing more books. I did have one question — maybe I missed it. What is the difference between Amazon published and indie published? You listed these in separate categories. I would recommend adding a field in the survey for the primary genre of the author—or, better, a list of genres and the author fills in the percent of income that is generated by each genre.



I am not in the game yet, so maybe ballpark income is clear to all participants. However, I think some people may report net income and some gross revenues. It is inspiring to see the writing community working together to clear the fog in this industry.



The more writers participate in the survey, the less important it is to mine the Amazon data. We are all in it for the long haul. Value is being added as you sleep. BTW, I have not published yet, but am well along on two novels.



So, I hope to nestle into one of the rows on the AE spreadsheet by year end. Authors should know the pitfalls and downright scams to be wary of with regards to Print on Demand and other publishing services.



See Print on Demand Secrets Revealed here: You both have collected amazing data that helps put the mega success stories in perspective. I was just wondering in your charts what is indie published, as apposed to Amazon published?



It appeared in a roadshow to prospective investors when Newscorp was splitting off its entertainment and publishing business into two public companies now Fox and Newscorp, HC being in the latter. I see now that you have said that Amazon published means from their imprints.



In that case, does indie include self-published on Amazon? One thing that makes me nervous about this report is pulling back and looking at the relatively paltry numbers of actual successes. I mean, good for those 2,, but still.



Hundreds of thousand of books are traditionally published every year with advances setting a sort of floor, although a very low floor! KS, these are the top selling books on Amazon. They all had sales. Tens if not hundreds of thousands of indies are selling books everyday.



They did not, in fact, all have sales during the period Howey has gathered the data. Go to the report. In short, the report runs out of authors who actually sold books pretty quickly. Takes a snapshot of sales and multiplies by to get the annual tax bracket.



I did just that and I see that the Indie Published books in this data set had between 11 and sales on the day sampled. The green columns to the far right of the title data sheet show the sales number.



All of the books in this sample had sales. Even books in the 50,, range average a book a day http: So even if books in his report did not have any sales on the day the data was gathered, the fact that they are ranked suggests they still are averaging some sales.



So you cannot extrapolate the zero sales on the one day data was collected to the whole year, but based on their ranking, you can extrapolate the average number of sales per day to the whole year. For a book in the, range this means an average of books a year, even if they did not have a single sale on the day the data was collected.



And of course it is much higher for books ranked above I think there is another possibility. Judging by this chart: There have got to be a lot of indie authors in the top, books on Amazon.



It is not like there are indie authors in the top and then all other indie authors are below, In fact my wife and I have about 20 self-published books between the two of us and right now, over half of them are ranked above, and the highest ranking today is 36, All of them have some sales every month in both ebook and paperback.



Which points to another possible way to make money as a self-published author that might not be possible when traditionally published. With 20 books between us, my wife and I have been making, a year from self-publishing including ebooks, POD, and self-published audio books.



This is without a single book in the top or even the top 30, today although we have occasionally cracked the top 10, for brief periods of time. You are only making a bit of money on the side. But if you have 20 books and average that much per book, you suddenly are making a fair amount from self-publishing without necessarily having any single book selling a lot.



It seems this path to success is easier to do via self-publishing than through traditional publishing. If an author is published by a traditional publisher and their book immediately only averages a ranking in the, range with sales per day, it is pretty unlikely that a publisher will publish their second and third books, let alone their 18th, 19th and 20th books.



I doubt my wife and I are the only self-published authors who make a living this way, but I do doubt there are many authors who have been exclusively traditionally published who can make a living this way.



The publishers would not keep publishing them, and even if they did then the lower royalties would mean they would need to have several times as many modestly selling books to make a living. This is of course similar to how many traditionally published authors have leveraged their success through self-publishing their backlist.



It is just that our backlist is also our frontlist! Many of my authors write non fiction so would not find this data helpful to their niche market. Is there going to be a report for non fiction writers soon please? Great article and a wealth of information to digest.



The hangover of being able to walk into a book store and see your book on the shelf is strong. I do believe the industry in changing, as you suggest. People love to re-read their old copy of Think and Grow Rich, is the move to digital indie as strong for these books?



I would be very grateful for your reply. Once again, thanks for the great article. I wonder if you have any plans to do a similar analysis for non-fiction? Hugh, can you clarify whether this data includes pre-release books as well?



If so, is that indicated in the spreadsheet in a way I may have missed? I just thought of something else that would be interesting to see. In looking at bookscan data which would be great to combine with this. I notice that many books spike the first week then fall off sharply.



Hugh, Thank you for doing this and all the work you and the computer guy have put into this. Heard you on several podcast lately. Is there any chance we could get the data with a column for genre? Either in this report or subsequent ones?



I would like to do a deeper dive on each genre to see how they compare to one another. Thank you so much — and yes, I totally understand about books being categorized in multiple groups.



I appreciate all the details on self-publishing, but I would love to see what the real rate of return is for indie pubs. I have interviewed many authors and have asked them, off the record, what it has cost them to put out their books even without actually printing them.



That means just to break even they would have to sell a minimum of books. How do you do that without paying more fees for marking and thus extending your break even point? But you are right, an author has to be realistic about the return on investment.



Just how do i generate the right itemizing and erase the mediocre ones? The data is fascinating and over time the trends should be really interesting. I suspect there will be other nuances that can be gathered. Thanks and looking forward to updates.



I appreciate all the time and work you put into this. And I thank you. The numbers are mind boggling. It makes me smile. But I know this will be difficult, if not impossible. I format, design my own covers, work through KDP and Createspace, and market myself with very little cost.



My numbers are slowly rising. I often wonder if spending more would eventually net me more, and in the long run, faster. And where my money would be better spent. I have many author friends — indie published, traditionally small press, middle market and higher.



ALL are marketing, or required to market on their own. ALL vary in how much they put out for marketing. This summarizes my experience. I have gone full circle; Indie-Traditional-Indie. My first novel started Indie and then was published in hard cover by a traditional house.



For many reasons it did not go well; the most glaring, it was ludicrously priced. With my second and third novels I did not even consider a traditional publisher. I now make more in a month than I have in 6 years with my first.



Ironically, after resisting e-publishing my first novel for five and a half years; sales from 2 and 3 have drug it along even at the ridiculous price. I have received over a dozen emails in the past week with the same story.



It is nice to have some confirmation of what I suspected. I believe the outlook for e-book authors will improve when there is one platform and one format instead of having to work our way through so many options.



Thanks for your in-depth coverage; love your own books, btw! This is an amazing article. Thank you so much for this information and I look forward to hearing more on this subject as more data becomes available. As someone who produces audiobooks, I was struck by the numbers you show of audiobooks sold against Kindle sales.



The top will probably have an audio version available. The most accurate data would be one in which you limited the sample to only those books that had audio available. You may have done that this time around, but I did not see it in the notes.



If not, perhaps that might be the subject of a future spider crawl? And if you could shed some light on how you determine audio sales numbers. Audible is even less transparent than Amazon in that regard. Your big fan Holly Lisle, herself a succeeding self-published writer and writing mentor, alerted me to this article.



She convinced me, and many others, I believe, that self-publishing was key to financial success as a author. Now you have provided proof. And this matters to me a great deal because I had only her advice on which to make my decision.



Trusting it, I decided to become both author and self-publisher. My first work — historical fiction — will reach the e-book market this Friday, and like all authors, I have high hopes for it in the long run.



How well I have done and will do, time and readership will tell. But at least I chose the best path to take, after all. Since the decision was a tough one, I am grateful that you have now made it much easier for those still confronted by it.



Well done, and thanks again! This data puts authors in the place where they can now choose which pill they are going to swallow. If they choose to believe what they have known and are being told, well choose the blue pill, everyone else on board, the red pill is for the taking!



Thanks for the incredible information, Hugh. I would love to have a discussion with you on this on my radio show. You can check it out here: Feel free to email me to let me know, thanks. I think that one reason genera fiction is selling so well in e-book format is that with such a low price point, it is actually cheaper and obviously faster to download a romance or fantasy e-book than to drive to the library to borrow it.



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Logitech needs to fix their software. Hi Leo, Is Norton a good solution? I use CCleaner to get rid of the junk and Norton Ultilities to tidy up. Stable version is also available. I recommend the SafeInCloud app, a software for password guard. We also offer a wide range of services for both traditionally published authors and those that decide to go indie—everything from manuscript development and editing to book design: Pretty underhanded business dealings.

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16.02.2018 Jull:

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