The amount of money eBook authors can make really depends on a variety of factors. Some authors have exceptionally good content but lack a good marketing partner to provide them and their books with the right marketing and exposure, while other authors have sound and well-established marketing partners and publicity platforms to help them promote their books. This can make all the difference to how much money eBook authors can make.
Here’s some of the highest-paid authors worldwide
Authors with sound marketing partners and publicity platforms with wide distribution networks can become extremely wealthy from book sales. Take some of the richest authors in the world for example, J.K. Rowling is ranked the highest-paid author worldwide with an estimate net worth of $1 billion, James Patterson has a net worth of $795 million, and all-time favorite, Stephen King, who also ranks in high-figure paychecks from the various movie adaptions of his best works, has a net worth of roughly $405 million.
These authors all have long-standing relationships with sound marketing partners who have the resources and publicity platforms that many authors do not have, marketing partners that have helped them market and create publicity and awareness surrounding their work, which in turn has resulted in their accumulated wealth as authors.
Yet not every successful author became wealthy by selling printed books only. On the contrary, many successful authors have made their money selling their books as eBooks, rather than following the traditional publishing route.
eBooks have over recent decades increased in popularity simply due to their accessibility and versatility in relation to printed books. As long as someone has an internet connection or an ereader, they are able to access their eBook immediately after purchasing it, and sometimes for less than printed books would go for. This increasing demand for eBooks, especially with the rise of the digital age and the use of electronic devices, has made it so much easier for eBook authors to make money.
The wealthiest eBook authors are able to sustain high sales over long periods of time with consistent marketing and promotion, that is how they make their money, and because eBook authors generally get better margins, many eBook authors have accumulated rich profits by selling their work as eBooks on eReader and other platforms.
Sound marketing partners improve the profits of Ebook authors
Authors can write books with the potential to capture a generation’s interest, but sometimes their books simply fall flat because they do not have a marketing partner who understands their publishing and marketing needs as eBook authors. Many published authors, including self-published authors, have the potential to make money but are unable to market and promote their work as well as a book marketing company. A reputable marketing and publishing partner can make all the difference to your profits as an eBook author.
Deciding how to publish, what to publish and how to make your books sell are not the easiest decisions to make, but they are crucial decisions. Whether you want to create and upload your eBook on your own or enroll a publishing firm to assist you, having a marketing partner with a worldwide distribution network and publicity platform can exponentially increase sales and the amount of money you can make from your eBook sales.
We at MindStir Media have worked with hundreds of top authors who produced many best-selling and award-winning books. We understand that eBook authors stand the best chance to make money from their work by having a publishing partner that is able to properly market their eBook through well-established distribution networks that target their intended audiences.
Book marketing and publishing companies can quickly elevate the popularity of an eBook. They can sensationalize the genre or topic of an eBook to increase the awareness around and demand for an eBook, only because they are able to market a particular eBook to the right audiences using distribution networks and marketing platforms that authors do not have access to. Book marketing partners can have a significant impact on the profits an eBook author can obtain from the sales of a single or series of eBooks.
Although not all authors selling only eBooks are known to have made it big, there are ways eBook authors can improve their profits from their eBook sales. One way to do this is to keep initial investments low which in turn will allow for better profits even if eBook sales remain consistently modest over an extended period of time.
eBook authors who decided to self-publish their work, which is significantly less expensive than the traditional printed books route, even free if they can do it on their own, will be able significantly decrease their initial investment. But it is always wise to partner up with a marketing company with established publicity platforms, it may be the best route eBook authors can take to consistently improve profits from sales over a number of years. It is one of the smartest ways eBooks authors can continuously make money from eBook sales.
Ebook authors can make money by being smart about it
eBook authors have the potential to make a lot of money from their work, they just have to be smart doing it. They can accumulate enormous wealth if they are able to produce fresh and quality content, but also if they can find a stellar marketing partner that understands the publishing and eBook business and the audiences they are trying to target, regardless of whether they want to self-publish their eBook or go through a publishing firm.
Many eBook authors spend a long time writing, publishing and marketing their work for a big financial pay off in the end, while others decide to write twenty or more short eBooks within shorter periods of time and sell them for less for smaller yet more regular paid offs. Either way, eBooks authors can make a lot of money from sales, so it’s up to you to decide which route works best for you.
Mindstir Media knows the secret to many best-selling authors’ success. Here are some suggested next steps:
Self-Publishing Packages – J.J. Hebert’s Premium Mentoring & Paperback/Ebook Publishing Services
