The maths of self publishing, or how not to bankrupt yourself.

Sunday 1st November 2009 05:16pm 1
EmmaD
EmmaD
662 Posts
Excellent, detailed piece about how to do the sums if you're thinking of self-publishing.

And, incidentally, how easy it is to make a loss even when you sell 10,000 copies.

http://vaultu.publetariat.com/?p=54
Sunday 1st November 2009 05:48pm 2
Barb
Barb
389 Posts
What a great article. Thanks for sharing this. It is just how you need to see it, with examples. It would be so easy to think that selling 10,000 copies must equal a profit.
Sunday 1st November 2009 07:49pm 3
EmmaD
EmmaD
662 Posts
It also makes you realise the kind of sums publishing companies have to do, and why sometimes, however much the editor loves the book, they just can't make them add up to something which could mean a contract.
Sunday 1st November 2009 08:22pm 4
Weens
Weens
698 Posts
The whole thing is frightening, and costs can only go up. Wow!
Monday 2nd November 2009 12:33pm 5
Aonghus Fallon
Aonghus Fallon
488 Posts
There was some interesting information on the ensuing thread. The article was written by an author who had self-published his own work. He wasn't knocking self-publishing per se - he just advocated doing your homework beforehand. The book had a retail price of $20.00 and cost $12.50 to produce. This ignored the cost of posting the book out to customers, as it was being sold via a web-site. Selling to an international customer (ie, somebody outside the US) meant selling at a loss due to the cost of postage, especially as the book was in hardback.

A publisher explained that in general, the ultimate price of a book should be five times the cost of publishing it.
Monday 2nd November 2009 12:35pm 6
Aonghus Fallon
Aonghus Fallon
488 Posts
And I'm guessing the price must have been automatically inclusive of posting. Bad idea.
Tuesday 2nd February 2010 04:09pm 7
Headonthewritersblock
Headonthewritersblock
6 Posts
Surely this is why POD is the way forward?

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