|
9th December 2008
Ruth
Barringham
The sad news for the book publishing industry
is that book store sales are down. One of the
biggest book publishers have recently reported
that their book store sales are down by a
whopping 10%! This is all scary news for
publishers and most of them have already
started evasive action against this down turn
in sales.
Some publishing companies have already gone out
of business while others have started cutting
back on the number of books they publish. And
even others have stopped accepting new book
manuscripts altogether.
But if you were considering self publishing
your own book, don't be disheartened because
all this news of lower book sales is great news
for the self published author, or anyone
thinking about self publishing.
You see most self published authors never see
their books available through book stores,
unless customers order it. Some self published
authors never expect to see their books sitting
on book store shelves and have still become
millionaire authors.
The trend in book sales now is that more and
more people are buying their books online.
Online book stores will happily list self
published books on their web sites because they
don't need to stock them so if they don't make
a sale then nothing is lost.
You see most self published books are sold by
POD (Print On Demand). This means that unless
someone specifically orders a copy of your book
- through a book store or an online store -
your book isn't printed.
So self publishing through POD means that you
don't have to keep a huge stock of you books
and they can be sold all over the world
automatically.
But how many book sales can you get using POD
publishing?
Well, that obviously depends of the popularity
of your book and how well it's marketed.
And with all the big publishing companies
struggling to make sales now, you may wonder
what hope there is for the self published
author. And there answer is that there is more
hope than ever for the self published author to
prosper.
You see the problem with the big publishing
houses is that they have so many overheads
(stock, premises, staff, transport, etc) that
they need to make huge book sales to survive.
So if they publish a book they need to feel
reasonably confident that they will sell tens
of thousands of copies.
Whereas the self published author will be happy
with less sales.
If you want to look at it as dollars and cents
consider this:
If you self published a book and sold it
through online book stores, libraries, etc and
you sold only 2,000 copies per year. To a
publishing company that would be disastrous.
But to the self published author who is earning
around $10 or more per book , it is good news,
even with so few sales.
And if you wrote several books and sold 2,000
copies or more of each book every year, you'd
be earning in excess of $100,000 a year. And
remember that selling 2,000 books a year is
actually very low sales, and you could easily
sell twice that many.
And the more books you write, the more book you
can sell. We all have favourite authors and
will usually buy all the books they write. So
if you could write and publish several books
and build up a loyal fan base, then the number
of books you could sell is unlimited.
But don't take my word for it. Self publishing
a book costs very little and is easy to do. If
you know the steps to publishing a book, know
which companies you can use to help you and
know how to market your book with minimal
effort and outlay, then you could write book
after book and feel safe in the knowledge that
every one of them will be published.
So take advantage of the of the currently
publishing climate and start publishing all
your own books.
Can you imagine how great it would be to work
at home as a self published author and wave
goodbye to the 9-to-5 rat race
forever?
|