Tips for becoming well paid Author

Source: fictionfactor.com

It is the dream of 81% of the population to write a book. No matter how many times people tell you how difficult it is to do, nearly everyone wants to do it. There hangs a certain romance around writers. We long to return to a place where magic and imagination are revered.

Others may just want the quick glory or fast buck they associate with being an author. But whatever you want, getting a 6-figure book advance is possible if you have the skill, drive and know-how. Following are some tips for becoming a well paid witer.

1. Know the Industry

Educate yourself on how the publishing industry works. Unlike the old days when publishers were looking to cultivate long-term relationships with authors who would be in their stable, today their top priority is just to sell books. You must be able to substantiate your claim that your book will fly off the shelves, without any help from the publisher.

2. Prove There is a Market for Your Book

In todays world you need to show that your book will sell to one large audience, or many smaller niche audiences. Quantify each audience with statistics that show that they buy books on that subject. Its not enough to say that this audience would be interested in your topic. You must be able to prove beyond a doubt with your well-researched facts that your readers are a book buying audience.

3. Develop a Platform

This is the most important aspect of your proposal after you have proven that there is a pressing need for your book and that book buying audiences will scoop it up. A platform is simply your ability to sell books to the audience that you have said will buy-from you.

It is all about the numbers. How many people are on your e-zine list? How many people do you speak to every month? How many people buy your products and services now? Do you have big name corporations or organizations that will buy your books in bulk? Do you have a regular column, or write for publications? Are you frequently seen in the media? If you do not have an impressive platform you do not get a 6-figure advance.

4. Map out a Marketing Plan to Promote Your Book.

Your plan should include everything from speaking engagements, online marketing, licensing, and media placements. It must be realistic and do able. In other words you can not say that you will speak to organizations of 1000 people or more if you have never done it.