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As someone who has a full time job and has self-published a novel I wrote in my spare time, I do not think that supply of books is the issue. In fact, as I went
by zthoutt 3y ago
As someone who has a full time job and has self-published a novel I wrote in my spare time, I do not think that supply of books is the issue. In fact, as I went through the process of learning how to self publish, I met many people who write in their free time, including people I know and friends of friends I don’t know. I was actually surprised by how many people there are who have either already self published or who have an unpublished book they work on in their spare time.
From my experience, the issue in the US is on the demand side. People here hardly read, and when they do read, it’s usually a super popular book all their friends have read or that Tim Ferris talked about. When I published my book, I was surprised by how many close friends and family bought the book to support me, but have never opened it. And it wasn’t until after I published my book and became more aware of the reading habits of those around me that I realized how little most people read these days. There are a handful of people who read 30-50 books, but if you were to take the median so those people don’t skew the average, I’d estimate that it’d come in around 1-2 books. Probably half of the people in my life don’t read a single book in an average year.
While I never wanted to make a living off my book, I’ll admit it was discouraging to see how few people read it cover to cover. I took Mark Dawson’s course and got all of the social ads, lead magnet, etc. setup. The ads did work, but I quickly found out that of the subset of people who do read a lot in the US, most are 60+ and want self-published books to be either $0.99 or free. I had multiple angry old ladies reach out to me through my Facebook ad complaining that they weren’t going to pay $2.99 for a self-published book and that it was upsetting I’d even try.
It wasn’t all bad and I did find readers who genuinely enjoyed my book and supporting self-published authors, but these type of people are a very small percent of the population. If the average person read 15 books per year and was ok paying $10 per book to support authors, I think you’d see a lot more self-published books. From my anecdotal experience, there are plenty of people who aspire to write, but we lack a supportive reading culture to fully cultivate authors (even part-time authors).
EDIT: I’ll also add that among the people in the median reading 1-2 books per year, most are listening to those books as audiobooks. I’m not one of those people who say listening to books isn’t reading, but for the average full length novel it costs about $10k to get an audiobook made, which is way outside the budget for anyone trying to publish books as a hobby. I paid for an audiobook to be made because I have the income and thought it’d be a fun experience (which it was!), but I will never make enough from the book to cover that expense
- TimPC 3y agoThe demand side is also that for people who do read their spending may be down. I used to buy roughly $400 in books a year. I now buy maybe 1 book a year and subscribe to kindle unlimited for everything else. I don't think I'm reading much less but authors are certainly making less per read, especially since 30% of my spend on KU goes to Amazon and any book that has a publisher still needs to give the publisher their cut out of the remaining 70%.
- dageshi 3y agoI think your $400 a year might be a bit of an outlier. Personally I would say the $140 I'm spending per year via KU is probably more than I was spending before. If you multiply this out by the number of people with KU subscriptions it wouldn't surprise me if that's actually more money flowing directly to authors than before.
- TimPC 3y agoI guess it depends how much you like paperbacks but they were fairly good at getting me to buy hardcovers because I wanted something right when it came out and didn't want to wait for a paperback. At $40/hardcover $400 is less than a book a month. A KU subscription is less money flowing into the system than someone buying 1 hardcover per quarter.
- hx8 3y agoAfter graduating college at the age of 22, I've read between 20-50 books every year. I'm often surprised at how far ahead of the bell curve I am. I am very rarely able to have a conversation about literature with people in real life. If I'm lucky enough to find someone that's read a recently published book I've also read then they often haven't read anything else by the same author. Or they haven't read the influences the author had for the book. Or they aren't aware of the genre trends the book took part in. Reading in America is a lonely hobby sometimes.
- ghaff 3y agoI maybe used to read 30+ books a year. (And subscribed to a lot of magazines.) I’m not sure I read many fewer words these days but I read far fewer books—maybe 5-10.