It is possible to make lots of money selling your eBook. Take Amanda Hocking, for example. She sells about 100,000 copies of her books per month, keeping somewhere around 70% of the sales price. Most of her books sell for about $2.99, so she keeps about $2.09 per book. If this keeps up, she could make about $2.5 million this year.
But let’s be honest. Few of us will ever be Amanda Hocking. In fact, most authors sell fewer than 200 copies of their book. That’s not 200 per month, that’s 200 total. A good number of sales by publishing standards is 5000 copies. If a book sells 10,000 copies, the publishers are thrilled. It is the rare book that sells more than 10,000 copies. [Read more…]