#PublishingSuccess

More and more people are turning to self publishing, but with what kind of success? It is true that there are many places online to purchase self published books, but in fact, how many people actually sell a substantial number of copies?

According to data from a new survey from Digital Book World and Writer’s Digest, the median income range for self-published authors is under $5,000 and nearly 20% of self-published authors report deriving no income from their writing.By comparison, authors published by traditional publishers had a median income range of $5,000 to $9,999 and “hybrid authors” (those who both self-publish and publish with established publishers) had a median income range of $15,000 to $19,999.

At the high end of the spectrum, 1.8% of self-published authors made over $100,000 from their writing last year, compared with 8.8% of traditionally published authors and 13.2% of hybrid authors.“Few authors are getting rich off of their writing or even earning enough from their writing to quit their day jobs,” writes Dana Beth Weinberg, Ph.D., professor of sociology at Queens College in New York City, and lead researcher for the study.

What is the problem? Mainly, it is lack of education about publishing - in all of its forms. How many people would start a plumbing business without first learning about plumbing? Very few, certainly.

Yet, many people choose to self publish with very little experience or knowledge of the industry. They think that $100.00 is too much to spend. I wonder how much it costs to become a plumber?

Denise

www.inktreemarketing.com