| Income
Comparison
Self-Publishing v. Conventional Publishing |
|

"Thinking
your publisher is going to make you rich and famous (and promote
your book) is like giving birth and thinking your obstetrician
is going to raise your kid. It ain't gonna happen. Difficult as
it is to realize, authors must take full responsibility for the
promotion of their own books."
-Kathryn
Hall, Publicist |
The
following table of income and expenses is provided to show at what
sales levels the financial advantages of self publishing come into
play. Primary responsibility for publicizing a new book rests with
the author, whether the book is being self published or whether it's
published by a large publisher, so the author's income below is shown
before publicity costs. Once 5,000 copies have been sold, a self-publishing
author has usually broken even, and produced enough cash from the
project to pay for a modest publicity campaign. An author published
by a large publisher has also broken even at this point. However,
if a book hits a sales level of 10,000 copies or more, a self-publishing
author has made more than three times the money a royalty author has.
In addition, authors doing publicity appearances draw people to their
workshops, and are hired for personal and business consulting. 20
people in a $350 weekend workshop can produce more than enough revenue
to pay for an ambitious publicity campaign. For an example of a savvy
self-publisher's story from the Wall Street Journal, click
here. |
|
|
Income |
|
Expenses |
|
|
| Source
of Sale |
Cover
Price |
Typical
Discount |
Quantity |
Author's
Gross
Income |
Ware-
housing
& Sales |
Editing,
Cover &
Pre-Press |
Publicity
|
Printing
|
APC
Fee |
Author's
Net
Income
Before
Publicity |
Comparable
Royalty
Income
Before
Publicity |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Author
Sale |
$
14.95 |
0
% |
500 |
$
7,475 |
$
0 |
$
3,000 |
|
|
|
|
|
| Retail
Sales |
$
14.95 |
45
% |
500 |
$
4,111 |
$
1,479 |
$
1,500 |
|
|
|
|
|
| Wholesale
Sales |
$
14.95 |
53
% |
4,000 |
$
28,106 |
$
9,837 |
$
2,000 |
|
|
|
|
|
|
|
|
|
5,000 |
$
39,692 |
$
11,276 |
$
6,500 |
$
5,000 |
$
7,500 |
$
8,800 |
$
5,616 |
$
4,485 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Author
Sale |
$
14.95 |
0
% |
1,000 |
$
14,950 |
$
0 |
$
3,000 |
|
|
|
|
|
| Retail
Sales |
$
14.95 |
45
% |
1,000 |
$
8,223 |
$
2,878 |
$
1,500 |
|
|
|
|
|
| Wholesale
Sales |
$
14.95 |
53
% |
8,000 |
$
56,212 |
$
19,694 |
$
2,000 |
|
|
|
|
|
|
|
|
|
10,000 |
$
79,385 |
$
22,552 |
$
6,500 |
$
15,000 |
$
12,500 |
$
8,800 |
$
29,032 |
$
8,970 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Author
Sale |
$
14.95 |
0
% |
2,000 |
$
29,900 |
$
0 |
$
5,000 |
|
|
|
|
|
| Retail
Sales |
$
14.95 |
45
% |
2,000 |
$
16,445 |
$
5,756 |
$
2,000 |
|
|
|
|
|
| Wholesale
Sales |
$
14.95 |
53
% |
16,000 |
$
112,424 |
$
39,348 |
$
3,000 |
|
|
|
|
|
|
|
|
|
20,000 |
$
158,769 |
$
45,104 |
$10,000 |
$
25,000 |
$
20,000 |
$
12,000 |
$
71,665 |
$
17,940 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Author
Sale |
$
14.95 |
0
% |
5,000 |
$
74,750 |
$
0 |
$
5,000 |
|
|
|
|
|
| Retail
Sales |
$
14.95 |
45
% |
5,000 |
$
41,113 |
$
14,389 |
$
2,000 |
|
|
|
|
|
| Wholesale
Sales |
$
14.95 |
53
% |
40,000 |
$
281,060 |
$
98,371 |
$
3,000 |
|
|
|
|
|
|
|
|
|
50,000 |
$
396,923 |
$
112,710 |
$10,000 |
$
30,000 |
$
45,000 |
$
20,000 |
$
209,162 |
$
44,850 |
|