One effect of ereaders is that they are spurring huge growth in ebook sales. For an author, this can mean a great deal. AS the infographic below shows, a clever author can make much more from selling their own ebook than they can from going the traditional publishing route. Being traditionally published stills carries a certain social status, but self-publishing will be the big money earner of the future. The source for this infographic is here.
E-readers are making self-publishing profitable — but so are cost-effective e-publishers. One free DIY e-publisher called Booktango gives authors 100% of royalties when the book is purchased through their bookstore (they get all the royalties after the retailers’ cuts when purchased through other outlets). Whatever option you choose, it’s great to know there are options – as well as opportunities for success!