My gosh how sobering is this article? These figures really are something to digest. That said, I don’t think any writer should be discouraged, just have it in the background . A great read. Thanks for sharing.
by Doug Lewars
According to Forbes there are between 600 thousand and a million books published each year and roughly half are self-published. The average number of sales per volume is less than 250.
That’s not encouraging.
Of course I have no idea where Forbes came up with these numbers. Still, they tend to be pretty careful about what they publish so let’s assume the numbers are real. Now, if you are capable of writing, editing and publishing say, two books per year, and if you want to earn a conservative income of say, $30,000, then you would need royalties of $60 per volume. Given that publishers rather like taking their cut, your book would probably need to be priced around a hundred dollars. Better make that next book non-fiction.
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