I don't post my sales numbers to brag. I post them to help others decide if putting their book on the Kindle and Nook is a good idea, or if they should continue to submit to agents and try to get a traditional publishing deal. I don't want to convince anyone to do what I did, but I do think it's important to have specific information if you're making the choice.
My December sales blew all my previous months out of the water. Here's a quick recap of my sales:
As you can see, from April to June I was increasing in sales each month. Then I raised my price from $1.99 to $2.99 near the end of June and sales went down in July. They continued to go down in August. In September I had two very good promotions, and that bumped my sales up for a day or two, but then sales slowed down again. So near the end of September I lowered my price to 99 cents. 220 of my September sales were from the last four days when my 99 cent price went into effect.
October was fantastic, and November almost doubled my October numbers. But December left everything in the dust.
That's more than double my sales from April through November combined! This is important, because it tells me no matter what your sales are right now, they can explode one day. It's also important because with these numbers I can actually earn a living selling books.
So, if you're trying to decide if turning to self-publishing is a good idea, you probably need more concrete figures. How much am I making? I know some people think it's crass to talk about money, but if I don't, people won't know the earning potential there is with self-publishing an ebook. So here goes. If me posting how much I'm earning is offensive to you, stop reading now.
This is what I earned in each month since I started. I won't do April because I didn't earn enough to get a paycheck, and it was lumped in with May's payment.
*Note, these are earnings from Kindle only. I did earn a little from paperback sales and Nook sales, but less than $400 and not enough to make it worth my time calculating it out. Also, December is an estimate because I don't have the actual report yet, and they convert my UK sales into GBP and then back into USD, so it's slightly off.
If I add all of these up, I've earned $6,610.44 through December. This is actually quite a decent advance for a first book. And I've already earned more than $1,000 for the month of January, so I know this number is just going to increase as the months go by.
I have been asked for a review copy of my book from a foreign rights agent in Thailand. I'm very excited about the possibilities that will come up in the future. I've had a lot of people read my book, and I'm getting more readers every day. I'm working on a second book which will come out in 2011, and have plans to start a third this year.
I hope being blunt about how much I'm making at this is helpful to those trying to decide if this is the right path for them.
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