In my interview, I answered the following question (among quite a few others), that I want to expand upon a bit here …
What advice would you give to aspiring romance writers to help them earn a full-time living publishing their own works?
Be prolific – and choose your genre(s) well. Note: Click cover to read a free preview of my latest multicultural romance novel.
I’ve written fiction and non-fiction, and had success in both genres. What I can say without a doubt is this – do your research and carve out a PROFITABLE niche for yourself. Then, write like there’s no tomorrow.
In 2011, I self-published 50 ebooks. Yes, 50! Thirty-five to thirty-eight of them (I can’t remember the exact number) were brand new titles.
I was able to publish so many because I: (i) wrote what I knew (ie, had experience in); (ii) stuck to defined, complementary niches (ie, freelance writing, SEO writing, self-publishing and internet market); and (iii) stuck to a defined scheduled.
You must be disciplined as a writer. There’s just no way around it. Most self-publishers are not going to hit it big with a 50 Shades of Grey, for example. The money comes in the output. The more you publish, the more you give yourself a chance to find an audience.
And, when they do find you and you have a catalog of 8, 10, 20 or 30 books – well let me tell you, you don’t have to sell very many per day to make a really good living.
Why Having a Catalog of Work Is So Important as a Self-Published Romance Writer
As I said above, most of us are not going to hit it big with one romance novel. The money comes in having more to offer readers when they do find you. And if you keep writing, you will find an audience, especially as a romance writer.
Why You’re Practically Guaranteed Sales as a Romance Writer
Romance readers are voracious readers; 64% read romance more than once a month and 35% buy romance more than once a month, according to the 2014 Romance Writers of America Nielsen Survey.
And, consider this, romance is the highest-earning genre in the book business. It pulled in an astounding $1.438 billion in 2013, out-earning the second most popular genre, Crime/Mystery, by almost 50% (this genre earned ($728.2 million)! Amazing, huh?
The simple fact is, romance sells. And if you can write a good story, readers don’t care if you’re a new and/or famous author. All they want is something to excite their soul/spirit/body/mind.
How Many Copies Do I Have to Sell to Make a Full-time Living as a Romance Writer?
Let’s Run Some Numbers
This is my favorite part of any business … because that’s the way I treat my romance writing and self-publishing career. It’s a numbers game.
Let’s say you write three romance novels and you sell — on average — 3 copies per day of each one. You decide to sell them only through Amazon and Barnes & Noble — two of the biggest and most popular outlets.
If you price each book at 2.99, you’ll earn on average of $2.00 each. Actually, at Amazon, you’ll earn roughly $2.09 because you’ll get 70%. At Barnes & Noble, you’ll earn 1.94, because you earn 65% of each sale at this price point. So that’s why I say, let’s just say you earn roughly $2 for each book sold.
So you sell on average of 3 of each title daily. 3 titles x 3 book per day = 9 books sold per day.
Earnings: $18 per day (9 books sold x $2 earned for each book).
Monthly Earnings: $18 per day x 30 days/month = $540 per month. And that’s just with three titles.
Imagine if you had 20 or 30 or 40 titles under your belt.
You can see how this can add up to big money pretty quickly — and you’re not even selling very many copies of each book. And remember, ebooks are forever. Once a romance novel is written, you can make money from it into perpetuity.
I’m always trying to give freelance writers many ways to make money writing. This is just another way thanks to the advances in self-publishing. You don’t have to always write for clients. You can write for yourself and do just fine. Or, you could have a hybrid career — writing for clients and writing for yourself. It’s what I do these days. Just something to think about.
Full Interview on RomanceJunkies.com
Here’s the link to my full Author Interview on Romance Junkies, and good luck if you decide to put your writing skills to work in this manner.
Share Your Thoughts
Have you ever thought about giving romance writing a try? Do you read romance? What makes you think you can/can’t? Please share in the comments section below.
I’ve written and self-published over 40 romance novellas. The title for this ebook was derived from my sales numbers when I published the first version of this ebook in September 2014.
I earned almost $2,000 within the first couple of months that I started writing romance regularly.
So sit back, relax and prepare to get the foundational lessons you need to succeed in the most popular genre of writing of all time -– romance writing.