Self-publishing has always been a viable option for authors long before the arrival of digital media and the Internet. Writers whose works were deemed not worthy of publication by established traditional publishing houses turn to self-publishing.  Unlike traditional publishing, self-publishing offers more creative control as well as more possibilities to authors. However, one thing that both traditional and indie-publishing have in common is expenses.

 

Independent publishing can be a bit expensive. Publishing a book is divided into two stages: publishing and marketing stage. It might be called Self-publishing but each stage requires the assistance of professional service providers. The publishing stage, the most important phase, requires multiple services. You need to spend money to hire an editor, proofreader, book designer and to pay for the printing of your book. Once your book through, you need to promote it. You might be able to DIY your way through some of the marketing aspects such as creating your own website, social media profile, and press release campaign. However, you would have to spend on your marketing kits, print advertising, your online brand publicity, and other marketing services. Traditional or self-publishing, publishing a book truly requires money and most would argue that the latter is a bit expensive.

The Average Cost of Self-publishing a Book

Of course, most would say that the price would depend on what type of book you are going to publish. Some would claim that on an average, a writer might spend somewhere from $200 to $300 for a single book. Children’s Books may cost higher. More meticulous and seasoned writers are willing to invest several thousand in their books. Most of these authors though might have published their first novel already and are willing to spend more money on top of the line publishing services. However, according to Scott Allan, “Since the explosion of digital books on Amazon and various other platforms like KoboiBooks, and Smashwords, first-time authors and professional authors alike can write, publish and promote their books for less than $1,000. On the other hand, you can spend as much as $20,000 on self-publishing and book marketing costs if you have that kind of budget.”

Furthermore, according to the blog site reedsy.com, the estimated cost of publishing an 80,000-word book is as follows:

  • Romance                                         $ 3,819
  • Thriller, mystery, and Crime            $ 4,184
  • Science Fiction and Fantasy         $ 4,300
  • Young Adult                                     $ 4,132
  • Memoir                                             $ 4,491
  • Literary Fiction                                 $ 4,300
  • Business, Self-Help & Health           $ 6,172

Despite these estimates, authors can always find ways to adjust and lower their publishing and marketing expenses. For publishing services, you can save money by self-editing your work over and over. This way you are able to save the money for editing and proofreading services. If you happen to have a designer friend, you can ask him/her to design the book for free. Or you can do it yourself. For book printing, you can have the POD (print on demand) option or you can print just enough copies for you to market. You don’t need to print a thousand copies for your first novel. You can print a few hundred copies and it will suffice. Of course, publishing your work digitally would significantly reduce your publishing expenses. 

Lastly, self-publishing companies such as ReadersMagnet offer publishing and marketing packages to help aspiring authors make their dreams come true. That is the beauty of self-publishing.

You can sign-up for an affordable yet quality book services. Publish your book with us today! Contact us at 1-800-805-0762 | 619-354-2643 or email us at info@readersmagnet.com

 

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