I had never considered the effect top earners among the self-published authors have on the average. “Though the average direct-published author makes $10,000, the serious earners at the topend skew the mean. The median earnings for electronically published authors [are] around $500” (328–329). When I read this, I was shocked, having only ever heard the $10,000 statistic and not the $500 one. This would seriously affect any beginning writer’s thoughts on success rates in the self-publishing market: there is a huge difference between making $10,000 and $500. Camacho went on to state that the average advance paid to writers by traditional publishing companies is $5,000 (329). Comparing this to the previous statistic, I could not help but notice that at face value, self-publishing means a writer would only earn a tenth of what they would publishing traditionally. This sways my opinion heavily in favor of abandoning self-publishing for traditional publishing. However, in considering these statistics, I realized that Camacho did not consider those who self publish books with no intention of selling a vast quantity when comparing these statistics. Camacho himself mentioned that there are those who self-publish books that they wrote only for the love of writing, or books only intended for their friends and family to read (335). I wonder what the median earnings would be if the writers in that situation were not a part of the equation. Since I do not have the answer to that, I will have to use the numbers Camacho provided. Overall, this information regarding author earnings was important to my question of whether self-publishing is a good
I had never considered the effect top earners among the self-published authors have on the average. “Though the average direct-published author makes $10,000, the serious earners at the topend skew the mean. The median earnings for electronically published authors [are] around $500” (328–329). When I read this, I was shocked, having only ever heard the $10,000 statistic and not the $500 one. This would seriously affect any beginning writer’s thoughts on success rates in the self-publishing market: there is a huge difference between making $10,000 and $500. Camacho went on to state that the average advance paid to writers by traditional publishing companies is $5,000 (329). Comparing this to the previous statistic, I could not help but notice that at face value, self-publishing means a writer would only earn a tenth of what they would publishing traditionally. This sways my opinion heavily in favor of abandoning self-publishing for traditional publishing. However, in considering these statistics, I realized that Camacho did not consider those who self publish books with no intention of selling a vast quantity when comparing these statistics. Camacho himself mentioned that there are those who self-publish books that they wrote only for the love of writing, or books only intended for their friends and family to read (335). I wonder what the median earnings would be if the writers in that situation were not a part of the equation. Since I do not have the answer to that, I will have to use the numbers Camacho provided. Overall, this information regarding author earnings was important to my question of whether self-publishing is a good