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Does Self-Publishing Cost A Lot?
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Self-publishing doesn't have to cost a lot - it's totally up to you what you choose to spend. Be prepared, though, to spend a lot of time marketing your book if you pay a lot to publish. Otherwise, you'll never make back the cost of publishing. I spent nearly $3,000 to publish my first book, "Do We Know When Our Time Is Near?" and only about $600 each for my second and third books - "There's No Place Like Home - Nine Forms of After Death Communication" and "Soul to Soul Connection." My fourth book, co-authored with Psychic Photographer, Ron Bowers, from England, will run a little over $600 even with over 70 photos. This is quite a difference from the $3,000 the first time around. Like many first timers, I thought that the more I spent for the extras (specifically the marketing extras), the more successful my book would be. It'll take a long time to make that money back. In fact, I've sold just as many, if not more, of my second and third book as I have the first even without the marketing packages! That's by marketing quite lazily too in comparison to a lot of authors out there. My thoughts, from my experience, is that all you need to publish is the basic package and Ingram. Ingram is a large company that distributes monthly book lists to book stores. This I paid for and am glad I did. The bookstores use this list to determine what books they want to have on their shelves. Of course, a new self-published author will rarely, if ever, be chosen over a well known author, but you still have a shot. My books, though it took almost three years, are in many bookstores now and that is where most of my sales now come from. |
Purchasing business cards, postcards and bookmarks is pretty much, at least to me, a waste of money. You can have these made anywhere or do it yourself, if you think you need them, for a lot less money. I also purchased a media package for the first book which meant the publisher wrote a press release and sent it out to 500 newspaper and radio stations. Sounds great, right? I received one radio interview from a local station for the extra $400 I paid for this service. I could have done this myself by emailing my press release to the local stations and paper, paying only with my time and what I pay for my internet connection! Each company offers different extras for marketing purposes. I have not tried all of them obviously, but my way of looking at it is that if they can do it, so can I. For a lot less money. Copyright is another cost that you could avoid if you chose, but most authors find it easier just to have the company do it for them. When I published the third book, copyright cost through the company was $75.00. That was over a year ago, so this may no longer be the correct amount. At the time, had I done it myself, the fee would have been about $40 with the Copyright Office. The bottom line is, don't spend more than you have to. Really take a look at what the extras are, beyond the basic package and Ingram, and determine if they will really benefit you in the long run. Truly, if they offer a one time benefit lasting only a short period of time, figure out a way to do the same thing yourself. | |
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