Following on from last week’s blog in which I stressed the importance of supporting independent authors, I decided to find some figures to back up my claim that independent publishing is a growing trend. I’ve also included some other interesting facts and figures relating to self-publishing, which I’ve gleaned from various Internet sources. For simplicity I have used the term ‘self-publishing’ to refer to all publishing that isn’t through a traditional publisher, including independent publishing. For a fuller explanation of the terms ‘self-publishing’ and ‘independent publishing’ please refer to the paragraph at the bottom of this post.
1) According to figures published by Bowker Market Research, self-published books accounted for 2% of all UK book sales in 2012, but 12% of all digital UK book sales. However, in the crime, humour and romance genres self-published UK book sales reached more than 20%!
2) Between 2006 and 2011 the number of self-published titles produced in the US tripled, reaching a combined total of 235,625 books and eBooks in 2011.
3) In 2012, 17 of the top-selling 100 Kindle books were self-published.
4) Included amongst the growing list of famous authors that have self-published some of their work are: Jane Austen, Mark Twain, Virginia Woolf and John Grisham.
5) If authors use a traditional publisher they can expect to earn between 17.5% and 25% royalties on an eBook, whereas by self-publishing they can earn up to 70-80% of the sale price of the eBook.
6) The total number of books produced by self-publishers and micro-niche publishers in 2009 was a whopping 764,448.
7) In 2009 CreateSpace produced 21,819 books and Lulu produced 10,386.
8) Apart from financial gain, self-publishing offers a number of other advantages to authors; the self-published author sets the price, retains all rights and decides the release date.
9) There are more self-published eBooks than print books, which contributes to the overall trends although the publication of eBooks is growing generally. From 2006 to 2011, total US eBook production rose 129% compared to a rise of 33% for print book production.
10) 39% of all self-published print books were produced via CreateSpace in 2011. This represents a total of 58,412 titles published using CreateSpace in 2011 compared to 21,819 in 2009.
Self-Publishing or Independent Publishing?
There is some confusion about the terms ‘self-publishing’ and ‘independent publishing’ with many people using them interchangeably. Self-publishing is the term that has been used for many years to refer to any publishing that isn’t through a traditional publisher. At one time the only way to do this was through vanity publishing where authors would have to make an upfront payment to the vanity publisher. However, the publishing platforms available nowadays give authors more freedom, especially with the growth of digital publishing. This enables authors to be listed as the publisher as well as being able to obtain their own ISBN numbers. This is what is known as independent publishing. Through their own publishing businesses many authors also choose to publish books for other authors. When figures are quoted regarding the publishing industry, many people use the term ‘self-publishing’ to refer to both independent and vanity publishing.
If you have enjoyed my fun facts please let me have your feedback below or feel free to add your own interesting facts relating to self-publishing.
N.B. This information was drawn from a variety of Internet sources and I cannot give any guarantees regarding its authentication.