Thursday, January 09, 2014

The publishing business

2013 figures in the Bookseller describe an unusual industry. They are for print titles, hardback and softback for the UK. I've rounded them.

Total sales appryearox £1.5 billion

Total titles sold (ie the number of new books now on the nation's bookshelves) approx 200m.


So:

If Amazon offers around 6m books for sale, the mean sales of any single title in a year is around 30.

If a typical author has three books on the market, a total guess, mean total sales are likely to be 90/year

If each book sells for approx £7, the mean annual income of the average author is of the order of £60.

Anecdotally: you are about as likely to earn a living from writing books as you are to play on the professional tennis circuit.


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