There have been a few posts lately regarding how much Indie Authors should expect to make. Have you taken time to read them? You should – they are eye-opening and very insightful. The main theme you’ll hear is that this isn’t a get-rich-quick scheme and despite the large volume of books now available today for readers, authors are finding it difficult to make the income they thought they’d make.
2013 was a very different year for most authors compared to 2012. Those who made huge money in 2012 didn’t see it this past year and for various reasons. Readers are getting picky (and they should). Prices have dropped. It’s harder to get noticed. Algo’s on Amazon etc are always changing. It’s more expensive to advertise now. The list goes on and on.
The message you read everywhere lately is all the same…You must write more. You must get professional editing and a professional cover. You must expect to spend the money. And you should expect not to earn much. Pretty disheartening, right? But it doesn’t need to be.
I’ve had some authors tell me that they felt they were ‘late to the game’, that they took too long to jump into the indie pool and missed out on the great income they could have made. And maybe that’s true. But if you never jump in, you’ll never know, right?
Being an indie author is not easy. It’s not. Plain and simple. I’m continually thankful that I indie pubbed my first novella back in 2011 – I was able to make my mistakes early on when it wouldn’t hurt me as much. I also jumped in the poll early enough to be able to make a living in this and I’ve been smart about the decisions I’ve made (even when I’ve made mistakes) to ensure I continue to earn a living. I’m all about being honest and open … and I don’t want authors to think that they’ve lost out, that they were too late to the game or that it’s hopeless.
Let me share with you some honesty about my income:
2011 – I worked full-time and wrote in the evenings and while at work. I began to indie publish and it took me 6 months to make the $100 payout from Amazon.
2012 – despite constant rejection, I published Finding Emma and my life changed. I ended up making $185,000, signed with an agent, got a 3 book deal with Amazon and didn’t look back.
2013 – took a hard look at my brand, refocused and will make over $350,000 as a hybrid author (includes both indie and amazon imprint sales)
2104 – my goal is to earn more than $500,000
How was this possible?
First off – I’m not the only one doing this and there are more hybrid authors who make a lot more money than this – a lot more. Which means – it is possible. But how? What I’ve learned (through my own experience and by watching other indie authors) is that they use being a ‘hybrid’ author (as first coined by Bob Mayer and has a post about income here that you should read) to their advantage. They are either traditionally pubbed authors who turned Indie or they are Indie authors who were picked up by a big house. In the Digital World link below – you’ll see that those authors who are making the majority of income are hybrids.
But again – how, right? (I know you’re asking this). Well – not everyone can be Belle Andre (although we all want to be…or is that just me?). We all can’t get print-only deals. But we can use our trad published books to push sales for our indie books or vice versa. My indie sales hold their own thanks to my sales with the Amazon Imprint on my two books that I have through them (2 books out of 15 published).
Here’s what I did that I believe has helped to increase my income.
Do you see where I’m going with this? My focus changed. Yes – it helps to have Amazon behind me. Trust me, I love knowing that I earned out my advance earlier than expected and that I’m making money with them. But why shouldn’t I? I made money as an indie author and it stands to reason that I’ll continue that, doesn’t it? Being hybrid means grabbing hold of those options that are available to me and using them to my advantage – whether it’s going traditional, having print only deals, getting foreign rights, audio rights…doesn’t matter – it’s seeing beyond the box called ‘Indie Publishing’ and realizing there are no lines for me to cross – as long as I don’t see them.
My focus today is on my readers. That’s it. The books I write are ones from my heart that I know will touch my readers hearts. I’m no longer writing stories for the market or to make money. And it’s not because I’m already making the money, it’s because I realized earlier in 2012 that if I wanted to MAKE this money, I needed to stop focusing on the sales and instead look to my readers. The two go hand in hand…you can’t make money without finding readers and you won’t find readers unless you have sales to make the money…so instead of focusing on those sales, why not focus on your readers and you’ll see the sales. Makes sense to me.
Can you make money as an author? YES! Absolutely you can. Will you earn that money right away? Probably not. It might take you a few years. But do you have a goal of what you want to be making? Do you have a plan in place? Are you surrounding yourselves with other indie and hybrid authors who are moving forward instead of being stuck in the present (let alone always looking to the past)? You should be. There’s one thing about the Indie Community that I love – and it’s the fact sharing. We’re there for one another, sharing tidbits that worked for us or didn’t work. When someone’s sales are down, we rally behind them and help figure out a way to find more readers. We discuss platforms and so much more. If you are doing all this and still not seeing the money – keep walking forward – you’ll get there. If your dream is to quite your job and write full-time, then keep pursuing that dream.
Bottom line…don’t give up. You can do it. And yes, you can earn money, make a living, support your family off your passion. It just might take time. As author Dara Lee Snow is always telling me – if I made all my goals today, what else would I have left to attain? Keep challenging yourself and don’t give up.
I’ve shared my story in hopes to help you not lose heart. I hope it helped. If I can do it – so can you. And yes, I honestly believe that – because remember – I know what it feels like to watch your sales (and returns) and wonder how long it will take before you get your first cheque from Amazon (or any other retailer).
Here are some of those articles I mentioned above. Check them out.
Rachel Thompson – How Much Can Indie Authors Realistically Make
Molly Greene – When Sales are Slow
Toby Neal – Are Indies Getting Clobbered by Big Name Ebook Discounts
Digital Book World – Self Publishing Debate – Writing Income
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Originally published on Steena’s site. Used with her permission.
Rachel Thompson is the author of newly released BadRedhead Media 30-Day Book Marketing Challenge: How to energize your book sales in a month - created to help authors market their book. She is also the author of Broken Places (one of IndieReader's "Best of 2015" top books and 2015 Honorable Mention Winner in the San Francisco Book Festival), and the multi award-winning Broken Pieces, as well as two additional humor books, A Walk In The Snark and Mancode: Exposed. She owns BadRedhead Media, creating effective social media and book marketing campaigns for authors. Her articles appear regularly in The Huffington Post, IndieReader.com, The San Francisco Book Review (BadRedhead Says…), 12Most.com, BookPromotion.com, and Self-Publishers Monthly. Not just an advocate for sexual abuse survivors, Rachel is the creator and founder of the hashtag phenomenon #MondayBlogs, #BookMarketingChat (co-hosted with Melissa Flickinger) and #SexAbuseChat, co-hosted with certified therapist/survivor, Bobbi Parish all live Twitter chats. She hates walks in the rain, running out of coffee, and coconut. She lives in California with her family.