Sunday, February 9, 2014

Author Incomes - Aspiring vs. Self-Published vs. Traditionally Published vs. Hybrid


Here's an interesting survey by Digital Book World on the Annual Writing Income by Author Type:
from the People Who Write Blog

I find this interesting not because it shows how most authors don't make even a thousand bucks a year (that's not really a surprise), but because it suggests that going for a hybrid of self-publishing and traditional publishing seems to be the most lucrative approach to writing. I thought traditional publishing was still the best bet in regard to the amount of money earned. But it seems mixing it up literally pays off. 

Just some food for thought.

2 comments:

  1. Hmm, I wonder what a hybrid model would look like in real life? Are these people who self-publish (a book) and then accept deals with publishers to continue publishing that same book?

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  2. I think in most cases it's different books, or self-publishing short stories, for example. Ilona Andrews and Chuck Wendig do it, and they've written about the benefits on their blogs. From what I've learned, self-published books don't usually get picked up by a publisher unless they're really successful - like 50 Shades of Grey successful.

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