Statistics Kill Dreams

Most of you know that I have some interest in writing, publishing, and making millions of dollars off a book. So when I came across link to a page of while reading Seth Godin’s “,” I couldn’t help but follow the link.

Here are the more interesting ones:

  • On average it takes 475 hours to write a fiction title and 725 hours to write a nonfiction title.
  • Since 1776, 22 million titles have been published in the United States
  • A larger publisher must sell 10,000 books to break even.
  • A successful fiction book sells 5,000 copies; a successful nonfiction, 7,500.
  • As of 1998, one-third of the books sold worldwide are sold in the US.
  • As of 1997, the top ten US cities by dollar volume of book sales and number of bookstores are Los Angeles-Long Beach; New York; Chicago; Boston; Washington, Philadelphia; San Francisco; Seattle-Bellevue-Everett; San Jose; San Diego.
  • In 2001, consumers purchased 1.6 billion books.
  • The heaviest book buyers buy more than one-third of their books used.
  • 59% of the customers plan to purchase a specific book when entering a bookstore; 40% make impulse purchases.

Perhaps the most depressing statistic to a wanna-be writer like me:

  • 81% of the population feels they have a book inside them.

Of that:

  • 27% would write fiction.
  • 28% would write on personal development
  • 27% would write history, biography, etc.
  • 20% would do a picture book, cookbook, etc.

And just in case I wasn’t feeling depressed enough:

  • Only 200 first novels are purchased each year
  • 70% of the books published do not make a profit
  • Up to 40% of all books manufactured never sell

And if you’re saying to yourself, “You idiot. Books are dead medium. Movies is where I’m going to make my money.”:

  • Only 100 scripts are purchased each year

And here are some fun stats about the subscribers to Writer’s Digest:

  • Each averages 12.6 hours/week writing:
    • Advanced writers: 30.5 hours/week
    • Intermediate writers: 11 hours/week
    • Beginning writers: 7 hours/week

In case you’re wondering, I’m hovering between the beginning and intermediate realm.

And just so I’m not the only one that is depressed, here are some scary statistics about the idiots among us:

  • 58% of the US adult population never reads another book after high school.
  • 42% of college graduates never read another book.
  • 80% of US families did not buy or read a book last year.
  • 70% of US adults have not been in a bookstore in the last five years (only 32% of the U.S. population has ever been in a bookstore)
  • 57% of new books are not read to completion (most readers do not get past page 18 in a book they have purchased).
  • As of 1992, 20% of adults in the U.S. read at or below the fifth grade level

Isn’t life as a want-to-be professional writer grand?

6 Comments

  1. Posted August 4, 2006 at 12:58 am | Permalink

    And just in case I wasn’t feeling depressed enough:

    * Only 200 first novels are purchased each year
    * 70% of the books published do not make a profit

    My math might be damaged, but wouldn’t that mean that, in order to make a profit for your publisher, you’d need to publish one of the 35 best first novels of the given year? That doesn’t seem too depressing to me. 81% of the population might “feel” they have a book in them, but from what I can tell, 90% of the population has poor grammar and imagination fried out by cable television. More, the attention span needed to finish a novel is a diminishing culture-trait, I think.

    It still doesn’t seem easy to live on writing, but more challenging than depressing. It seems to me that, if you would put the amount of time I know you would put into a first novel, it would be inconceivable that it wouldn’t be one of the thirty-five best firsts of the year.

  2. Posted August 4, 2006 at 01:01 am | Permalink

    Actually, Wyatt, your math is damaged. In fact, you would need to write one of the fifteen best first novels of the year.

    A-hole.

  3. Posted August 4, 2006 at 11:20 am | Permalink

    Re: 80% of the Population - “Just ‘cuz you feel it, doesn’t mean it’s there.”

  4. Posted August 4, 2006 at 11:27 am | Permalink

    What’s depressing to me is not that 81% of the population thinks they have a book in them, but the fact that most of them never actually write or publish the book. What’s depressing is the thought that I may be one of them, that I may be one of those people who feel it, despite the fact that it isn’t there.

    Oh, joyous day.

  5. Posted August 4, 2006 at 12:16 pm | Permalink

    You’re crazy.

  6. Adam
    Posted August 4, 2006 at 05:18 pm | Permalink

    spoken like a true defeatist…..which at this point, I may as well tell you. We’ve got an organization…its pretty substantial and based on this post and your comments following, has entitled you to membership.

    We meet on the 3rd Thursday of every Third month, of every third year.

    Don’t forget to bring your appetite, we will be having a pot-luck.

    again, congrats.

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