4 ms·
35% of books published are profitable 96% of books sold less than 1,000 copies in 2020 50% sold less than a dozen copies in 2020 This is the state of the ind
by daedrdev 2y ago
35% of books published are profitable
96% of books sold less than 1,000 copies in 2020
50% sold less than a dozen copies in 2020
This is the state of the industry, publishers publish many books gambling for the hits the make up the vast majority of their revenue.
It is a very cold industry with many authors failing to get readers interested. They best measure of schuss is to have a preexisting readership or be popular elsewhere, and even then that's by no means a guarantee of a books success. And this data is from before AI. The 35% probably undersells it because books like hers probably received no marketing.
[1] https://www.elysian.press/p/no-one-buys-books https://www.elysian.press/p/no-one-buys-books
- rahimnathwani 2y ago35% of books published are profitable Profitable to the author or to the publisher?
- CRConrad 2y agoI was going to ask exactly that question! But, given that 96% of books sold less than 1,000 copies in 2020 and assuming, like the author of TFA seems to have reason to believe, that the overwhelming majority of authors don't get more lucrative deals than she did, it... Pretty much can't be for the authors.