This is a post for the fiction writers, so if you’re not a fiction writer it may not be of interest.
I’m supposed to be starting on a new novel today. I have eleven days between now and my house inspection after which I’ll be (hopefully) desperately packing to move. But of course me and starting a new novel means me and doing anything but starting a new novel most times.
And today that meant looking at numbers. 2021 has been my best year profit-wise so far with my writing and I like to know where that’s coming from. Which lead to the title of this post: volume matters.
For 2021 as of the end of April I had sales across 101 different titles and seven pen names. That included 14 titles I released this year. (I just released four more in May but those haven’t hit my reports yet. It’s been a busy year.)
Obviously some of those 100+ titles sold far more than others. The 80/20 rule very much applies to this business.
And four titles actually lost me money when you take into account advertising. But three of those were first in series and the overall series was profitable. (The other lost me 35 cents because I can’t help but try every once in a while with a dead title to revive it.)
I believe that a large part of what has gotten me to the point I am with my writing income is the volume of titles I’ve published.
There’s the “try until you find something that works” aspect. There’s the increased visibility that more titles can give. There’s the little streams adding up to bigger streams idea. There’s the idea that the more writing you do the more you theoretically improve. It all ties in there.
But there’s also the base fact, at least in fiction, that more titles means more room to play with advertising. (Assuming you have sellthrough. If you don’t have sellthrough you have a genre expectation, reader engagement, or writing quality issue.)
My YA fantasy and cozy mystery series are a perfect example of how this can play out.
The YA fantasy series has three books in it which are currently priced at $3.99/$5.99/$5.99 but for most of the year were at $4.99 each. The cozy mystery series has seven books in it each priced at $3.99.
Both series have received similar promotions by me because I’m lazy so I tend to say something like, “Let me make all my first in series fiction titles free this month and then sign up for X, Y, and Z ads for all of them.”
Here’s where the volume thing comes into play:
Of these two series for 2021 the cozy mystery series has been more profitable. Even though the 2nd and 3rd titles in the fantasy series are individually more profitable than the 2nd and 3rd titles in the cozy mystery series.
Having the four additional books for readers to move to with the cozies has meant that even though they are priced lower and have worse sellthrough, I make more on that series than I do on the fantasy series. Which makes sense because if someone ends up liking the series they spend $28 on my books versus $15 for the fantasy series.
A few years back I dug into which authors were in the top 100 authors for the SFF genre on Amazon and my unscientific gut result was that it took about a dozen novels to get there. Sure, there were authors who were on there with one or two titles, but those were the exceptions.
It was the authors who had enough titles to benefit the most from advertising and to get enough visibility and were productive enough to stay visible who did well.
Now, just like the review myth, volume is obviously not enough. You also need writing that appeals to readers in that genre and enough readers that like your writing that it’s sustainable.
And it’s easier if you’re writing about subjects that interest those readers. Dragons will always do better in fantasy than shape-shifting millipedes. The more off-center you are from a genre the harder it is to get a toehold.
(Again, not saying it can’t happen, but just saying that being on the outside or fringes of your genre increases the difficulty.)
Also volume isn’t everything. If you write a bunch of useless crap to achieve volume that’s not gonna work. You still have to write what readers want.
But if you have a good book and you’re feeling frustrated about your sales the answer may very well be to write more. Don’t double-down and promote that book for five years at the expense of writing. Don’t give up and walk away. Write the next in the series.