The most important takeaway for those considering other options to self-publish or use low-end services like Create Space or Smash Words is the ranking for top-sellers is 1% -- not good.
Already in 2014, we had Josh Mathe's book In the Footsteps of Greatness crack the top 10 on Amazon and go to no. #3 to be considered an Amazon best seller.
What do you need to know as you consider your publishing options? Based solely on the published figures in that report, here are your bullet points:
- The mainstream big publishing houses' market share has eroded down to 16 percent in terms of overall best sellers produced.
- The self-published options have the lowest market share at 1% and hardly offer any potential or prospective value to generate a top-seller and provide adequate return on investment for authors looking to recoup base costs in sales.
- The indie publishers provide an adequate opportunity at 25% to produce a best-seller, but still not the optimal number.
- Small- to medium-sized presses offer your best chance of a best-seller at 45%.
With a competitive market, authors should look to the largest opportunity and best advantage for success by working with companies like 3L Publishing that fall into the highest market share category. Why make it harder to publish a book? Why put yourself at a clear disadvantage from the get-go. If your desire is simply to save a few dollars you will be very surprised how 3L Publishing offers competitive package prices that are often less expensive when you compare it to what it would take in time, resources and expenses to do it yourself or hire a self-publishing house.
And finally, 3L Publishing has already done the hard work for you. We've got the foundation (distribution, fulfillment and technical services) already poured and cemented. Why spin your wheels and potentially waste time and not even be assured of a quality product or ability to reach your desired market?
We didn't do this survey -- Amazon did it. But it does bode well for our business, and for the success of 3L Publishing's books and authors.
Want to publish and take your bite out of the 45% or greater market opportunity? Call us today at 916-300-8012 or send an email to info@3LPublishing.com