How much money does an author of 1 book make?
Publishers typically pay a $5,000 to $10,000 advance to good first-time authors. This means they would need to sell around 1,000 copies of a book that costs $20 per copy to break even after printing and distribution costs. Following that, the author will receive royalties, typically about 10%.
Is writing books a good way to make money?
So, is writing a book profitable? The short answer is yes. If you’re going to self-publish, then the key to making a full-time living writing books is to have multiple books, an active fan base, and some idea of how to market.
How many books do you need to write to make money?
A best selling author can make about $3.50 for every book they sell. So, if you wanted an author salary of $200,000 per year, you’d have to sell more than 57,000 books every year. A traditionally published best selling book makes 5-20% royalties for the author on their print books.