User Power
Value/Post Ratio
455%
- May 1, 2011
- 7,642
- 34,778
@ChickenHawk, update?
Also, could you please share your yearly percentage increase/decrease in profit over the last years? Here's mine taking 2015 as baseline:
2015: baseline, it was my first full year
2016: +350% (compared to 2015)
2017: +111% (compared to 2016)
2018: -15% (compared to 2017)
2019: -59% (compared to 2018)
2020: -21% (compared to 2019)
Best year (2017) vs 2020: -72% decline
@MJ DeMarco I'm curious about your data as well if you're comfortable sharing it. Just percentages.
I'm wondering if self-publishing is a declining industry due to massive competition. It comes not only from other authors but also other types of content.
For example, why read a how-to book when you can watch a YouTube video (for free, and maybe even learn faster for many skills) or why read fiction if you can entertain yourself with a TV show (which is actually cheaper with a Netflix subscription than if you have to pay for each book, unless it's enrolled in KDP Select).
Or maybe it's just me and I'm looking for confirmation that the industry is declining while in fact I'm just becoming irrelevant.
Also, could you please share your yearly percentage increase/decrease in profit over the last years? Here's mine taking 2015 as baseline:
2015: baseline, it was my first full year
2016: +350% (compared to 2015)
2017: +111% (compared to 2016)
2018: -15% (compared to 2017)
2019: -59% (compared to 2018)
2020: -21% (compared to 2019)
Best year (2017) vs 2020: -72% decline
@MJ DeMarco I'm curious about your data as well if you're comfortable sharing it. Just percentages.
I'm wondering if self-publishing is a declining industry due to massive competition. It comes not only from other authors but also other types of content.
For example, why read a how-to book when you can watch a YouTube video (for free, and maybe even learn faster for many skills) or why read fiction if you can entertain yourself with a TV show (which is actually cheaper with a Netflix subscription than if you have to pay for each book, unless it's enrolled in KDP Select).
Or maybe it's just me and I'm looking for confirmation that the industry is declining while in fact I'm just becoming irrelevant.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.