So Your Thinking about Writing a Book..eh?

Here are some interesting book industry statistics:

1. 2% of the 200,000 books published each year become bestsellers.
2. 84% of the bestsellers are published by the 5 largest New York publishers.
3. 2 out of 10 books published make a profit for the publisher.
4. In 2004, 950,000 titles out of the 1.2 million tracked by Nielsen Bookscan sold fewer than 99 copies. Another 200,000 sold fewer than 1,000 copies.
5. Only 25,000 books sold more than 5,000 copies.
6. The average book in America sells about 500 copies.
7. Only 10 books sold more than a million copies in 2004.
8. Fewer than 500 books sold more than 100,000 copies in 2004.
9. The magic number for a book to be considered successful is 10,000.