The latest reports from AuthorEarnings (Hugh Howey, Data Guy et al) are very encouraging for indie authors. Just look at the graph! Indie published market share (blue line) continues to take away from that of Big 5 publishers (purple line) with apparent increasing momentum. Here are the conclusions, and you can scroll below to read the full article:
In 2016, the reach of indie self-published authors isn’t limited by any means to ebooks. Every indie author should seriously consider releasing print-on-demand paperback editions and — as soon as quality narration can be afforded or arranged — audiobook editions of their books. It’s also critical to note that 2015 marked a tipping point of sorts for online retail, with some reports claiming that fully half of online sales gains took place on Amazon.com alone. Sales on Amazon.com overtook Walmart in-store sales for the first time. More and more, online is where shoppers are going. And independent authors have equal access to this storefront. In fact, with lower prices, greater creative freedoms, the ability to publish to market much faster, and the ability to appeal to a wider variety of readers, indie authors have huge advantages online. As the market moves away from physical bookstores — which must necessarily limit their selection, and so limit the free expression of ideas as a consequence — we expect to see a greater flourishing of independent authors finding their voices and taking home an ever-growing slice of consumer dollars.
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