What is the average book advance?

Typically, an author will be getting about 10\% of the price of the book sale. They may also get an advance on the royalties. These advances can be profitable for the author, but should reflect a realistic prediction of sales.

What is an average book advance?

Boiling it down, here’s a more narrow range I can live with sharing: an average advance for a first-time author would likely fall in a range between $5,000 and $50,000, depending on a whole host of factors, including the size of the publisher, passion of the book editor involved, author’s platform, the power of the …

What percentage of authors make 100K?

Approximately 11\% authors surveyed fell into the 100K bucket, so it’s a pretty exclusive club but also one that is within reach. 100kers = Authors who have made $100,000 or more in a single year from book sales EAs = Emerging Authors who earn less than $500 / year from book sales.

How much does a romance novelist make per month?

She moonlights as a romance novelist, bringing in over $8,000 per month in sales! I actually found her on Reddit which I know is a big community, especially Reddit erotica. I asked her to share her story of self-publishing romance novels with us today.

How many copies does the average book sell a year?

The average book, measuring everyone from that self-pub guy who throws his book on CreateSpace and does nothing else, up to JK Rowling, sells 250 copies a year (and only 2,000 in its lifetime). As of June, I’m at 322.

How much do authors make per month?

We (literally) could not have written this post without you Last year we looked at authors earning over $5,000 per month vs. lower earning authors to tease out the differences. This year, we compared authors making over $100,000 in a single year vs. authors who earn less than $500 / month from book sales.