Author Beverley Kendall conducted in January 2014 a comprehensive survey to find out just what the situation is like in regards to Indie authors. Her results included three main takeaways:
- Self-publishing definitely isn’t a “get rich quick” scheme. It requires hard work and being successful in it takes time.
- The higher-earning authors have some things in common; there are certain things that work when it comes to self-publishing. Things like tapping into the popularity of certain genres like fiction, and more specifically romance. Also, series are extremely popular with readers and a free book is a very enticing way to introduce an author to a reader. These are just a few of the things that have been proven to work.
- Self-published authors are doing even better than many think. If 30 percent of authors had made more than $10,000, I would have thought overall, we were doing great. That it was as high as 48 percent was really surprising.
You can read Kendall’s interview detailing her takeaways from the survey on RT’s Book Reviews.
P.S. The Reader Survey is still up, and Kendall would greatly appreciate if you’d share it with your readers.