I just released a sequel to my bestseller, and I have gone from $3,300 a month to $1850 in the first 10.5 days of December. I have been self-published through CS and KDP for 13 months now, and the last 5 or 6 months is when I started making real money. It just keeps getting better. Some self-published writers are being hounded by agents and publishers out of New York, but their offers are just insane. If you are earning $6,000 a month (I know two who make nearly $500,000 a year), why take a few thou in advance, knowing they will give you a lot smaller royalty on the ebooks and jack the price up to the point fewer copies sell, and then claim there was not enough copies sold to ever give you a dime in royalties? One writer I know turned down a $100,000 advance because he only wanted to give them the rights to his paperbacks and they insisted on stealing his ebook sales at 25% royalties. I have seen self-published writers fall for the New York publishersí lies and watch their income dwindle. All they did was make money for agents and publishers. The advantage of having your books in bookstores is becoming less and less of a factor and is not worth going from 70% royalties to 25% for your ebooks with FEWER sales because of the publisher hiking the price from $3 or $5 to $10 or more. I know of one writer who saw his Kindle books go from a ranking of 1,000 on Amazon to 40,000 because of the publisher hiking the price up and not promoting his books at all. On top of that, he got 25% instead of the 70% KDP pays. What a price he paid just to be able to say he was published out of New York! He could have bought a home with the money he lost. His paperbacks did NOT sell any better either, because the publisher did not promote at all.
If you can write, you can make money by self-publishing, and thatís with zero promotion! If you canít make it self-published, you will never make it going the agent/publisher route anyway.