Think you’re the next Steven King or Agatha Christie? Have the plans for your 20 room mansion and country estate primed and ready to go? Read this first.
As we’ve stated before, if you want to be rich and famous, study ACTING. If you’ve planned all your life to make your fortune writing conventional books, you might need to think again.
Here are the hard cold facts, directly quoted from an article in Publisher’s Weekly:
… in 2004, 950,000 titles out of the 1.2 million tracked by Nielsen Bookscan sold fewer than 99 copies.
Another 200,000 sold fewer than 1,000 copies.
Only 25,000 sold more than 5,000 copies.
The average book in America sells about 500 copies.
Those blockbusters are a minute anomaly: only 10 books sold more than a million copies last year, and fewer than 500 sold more than 100,000.
Stunning. Painful. But it’s the truth. Fortunately, however, if you’re a great writer, you can now publish your work, virtually cost-free, by choosing the e-book route.
In the not-so-distant past, you’d have to make a rather hefty capital investment just to get a 3000-copy-run of a print book, then market, sell, and ship it; now, you can go from manuscript to book to reader’s hands all by yourself, if you’re willing to do a bit of legwork on your own.
So cheer up; reality bites, but it’s ALWAYS better to know, than not to know.
Good writing never goes out of style. First published 10/8/2011.