Only about 45 of young adult authors earned more than 20000 last year. Happily this is no longer the case.
Across the childrens literature spectrum picture books – young adult most authors dont earning a living wage.
How much do picture book authors earn. To put some hard numbers on this you can get 100 picture books from BookBaby softcover 9 x 7 full color cover and interior 32 pages for 899 each. Childrens authors who choose the traditional route can expect an advance of between 1000 and 10000 for their book plus royalties for every copy that sells. Its worth saying of course that agents take a percentage 10 15 of the authorillustrators earnings from publishers as a rough rule.
One of the authors that is an example of this growing opportunity is Adam Croft who writes and then puts out his mystery novels through Amazon self-publishing. He started in 2011 and was on track to make 14 million in 2016. 35 of middle grade authors and 15 of picture book authors made the 20000 income threshold.
In those cases the publisher will pay you an advance ranging from 1000 to tens of thousands average is probably 5k-10K for a novel. 35 of authors earned an advance over 50000. Lets use an example of a typical 32-page picture book.
The most common picture book author advances are between 1000 and 5000 40 of all authors. There is no such thing a. Peek over the shoulders of highly successful published authors to see how they landed publishing contracts worth 10000 to 100000.
Royalties vary between publishers but you can expect somewhere around 5 to 7 cents on the dollar for printed books and up. So in this case an author could receive an advance of 5000 to 8000 with 7 to 10 royalties. By comparison authors published by traditional publishers had a median income range of 5000 to 9999 and hybrid authors those who both self-publish and publish with established publishers had a median income range of 15000 to 19999.
An enticing yet professional book proposal is the key. The Bureau of Labor Statistics BLS listed a 61820 annual wage in May 2017 for all authors and writers regardless of publication with half of. Easy readers have similar compensation packages but royalties are not split on novels.
How Much Money Do You Make as a Picture Book Author Published on March 7 2017 March 7 2017 18 Likes 5 Comments. Impossible for independent authors to publish and sell picture books at a competitive price. If your book sells 5000 copies you would theoretically earn 10000 from those sales.
This made it difficult ie. This percentage is slightly higher than data available through Publisher Marketplace. If your royalty is 10 of the retail price then you will be paid 200 per book.
Real Book Proposals That Landed 10K – 100K Publishing Contracts – by Angela Hoy. Independents pay an average of 1000 to 5000 for advances compared to the 50000 to 100000 advances that major publishes had typically paid for debut literary fiction. With all due respect this question is the completely wrong question to ask Because the average self publishing author does not really exist There are different groups of authors that achieve different levels of success.