Signs that the eBook Industry Is Growing Up

The eBook industry is growing up; the signs are evident that now more than ever it’s a great time to be an indie author or independent publisher focusing primarily on eBooks.

Consider the following industry stats from Author Earnings Report:

• A third of Amazon’s eBook sales are from independent authors who are not affiliated with a publishing company at all.
• 30% of eBooks sold in the U.S. don’t have ISBNs and aren’t even counted in the total sales.
• By mid-2014, indie authors as a whole superseded the sales of the big publishers, garnering 40% of total eBook sales.

In addition to statistically faring well, individual eBook authors are making strides as well:

• Jasinda Wilder, long time independent eBook author, just landed a seven-figure deal for her Madame X books. After self-publishing for years, her efforts are paying off in a big way.
• Meredith Wild has been signed to a five-book deal after self-publishing eBooks that have grown wildly popular.

Overnight success may not be in the cards for most indie authors, but for those who work hard, write well, market with effort, and keep trying, the payoff does seem to happen.

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