read indie titles and buy directly from the press or bookshop.org
if you canât afford books, rent them from the library. i donât know an author alive who doesnât support their books being rented from libraries. you get the book for free, the author gets your support. itâs a win-win
other than a few huge titles a year, advances for debut writers are in the 4 digits, and that payment is spread out over an entire year. so i might spend 2 years writing a book and make a $2000 advance on it
15% of that advance goes to the agency who sold the book. now iâm at $1700
the advance is disbursed over an entire year, so that means iâll make $425 every 3 months for a year
this is where you, the reader, come in: if i donât make back my advance in sales, i donât get royalties. plus, printing physical books isnât an on-demand endeavor. if i get a $2000 advance, there might only be a first-run printing of 5000 copies or fewer, and if it doesnât sell, my book wonât get a second printing, and i might not get a second book deal
letâs say the book costs $35 in hardback (which is a lot, i know) and my agent negotiated a 25% royalty rate. that means i get $8.75 per book. but again, i have to give 15% of that to the agent. iâm now at $7.43 per book
that means, for a 5000 print run, if i sold *every book* (and thatâs not possible), i would only make (with 15% given to the agent) around $29k
BUT if a book doesnât sell off the shelves, a book store has the option of returning the book to the warehouse, where itâs destroyed and recycled, so really itâs not even a circulation of 5000
that means a GREAT selling book, one that gets on the NYT bestseller list, nominated for awards, etc. may only provide a gross revenue, ever, of less than $30k
most books, a grand majority of books, are not even close to being this successful
if i manage to publish one book every other year, and if iâm massively successful, that means iâm still only making maybe MAYBE $15k per year
but again, this scenario is a near best-case exception to a very dismal rule
so one book, one single purchase, does absolutely matter