So You Want to Write a Book...eh?

Posted by Jonathan David / on 01/26/2010 / 3 Comments

Here are some interesting book industry statistics:

1. 2% of the 200,000 books published each year become bestsellers.
2. 84% of the bestsellers are published by the 5 largest New York publishers.
3. 2 out of 10 books published make a profit for the publisher.
4. In 2004, 950,000 titles out of the 1.2 million tracked by Nielsen Bookscan sold fewer than 99 copies. Another 200,000 sold fewer than 1,000 copies.
5. Only 25,000 books sold more than 5,000 copies.
6. The average book in America sells about 500 copies.
7. Only 10 books sold more than a million copies in 2004.
8. Fewer than 500 books sold more than 100,000 copies in 2004.
9. The magic number for a book to be considered successful is 10,000.

 

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Comments

  • Jim says:

    This is similar to looking at the NBA and the challenges of playing there. If we want to play in this field, it is good to understand what the challenges are.
    ---Does this include e books?
    A splash of humor: Never judge a man until you have walked a mile in his shoes, that way when you judge him you will be a mile away and you will have his shoes.

    January 31, 2010 at 2:22 PM | Permalink

  • Stewart says:

    I am acutely aware of this ...ebooks have little cost so they are different...what's also true is that that the entire industry is in flux and no one really knows what's going on...many experiments...

    February 1, 2010 at 6:16 PM | Permalink

  • Jonathan David says:

    It would be interesting to get some stats on the Ebook Industry... Thanks for the comment...J

    February 2, 2010 at 7:57 AM | Permalink

 

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