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The costs and benefits of publishing your own books
From Both Sides – sold 250,000 copies in a year and pushed him on to become one of the bestselling self-published authors in the UK.
There’s an interesting table of statistics in this article that you should check out. It’s called ‘Earnings of a Writer’.
And this quote I pulled which – importantly shows how most authors see about a 40% return on investment.
From my experience that is about right. Although that 40% ROI is more accurate when you have several books published. On any given book you may lose money…
“A recent survey of writers found that 25% of them had self-published a work, and 86% of them said they would self-publish again.
They suggested a typical return on their investment of 40%, the research for the Authors’ Licensing and Collecting Society found.”
Have you seen this? I’ve seen others using crowdfunding to raise money for book projects…but this is a REALLY interesting idea. “If a book fails to reach the amount necessary to pay for production, it’s a sign that the book may not be a commercial success. “Our crowdfunding model is a way to get the […]