The Real Cost of Writing a Book

You want to write and publish your book but budgeting for the process is more challenging that it looks. The numbers you’re hearing from experts regarding the costs of self-publishing are all over the board. And quite frankly you feel like throwing in the towel before you even begin. Trust me I have been there. It is a common misconception that book writing is a very expensive process! I know this because I too believed the price would be through the roof.

Now that I am a published author I am here to tell you that you can publish a book even on a budget. 

To reduce the cost of publishing you have to think outside the box.

There are many components that go into a successful book launch. In this article I will review each part one by one.

Editing

This includes developmental editing, content editing, copyediting, and proofreading — can truly make the difference between a good book and great book. For a quality book, you need more than a proofread, Grammarly run through or spell-check of a first draft. You will need a thorough editing review.

For editing and proofreading, it can be difficult to choose an editor. They probably won’t have a gallery of samples you can look at – nor will they share stories of unhappy clients. 

Editing will range price based on the number of words. It is usually between .04 cents to .08 cents per word. 

Test readers

 While some authors pay for this you could give your book away for free in exchange for a review and feedback. The best way to do this is to find your ideal customer and start to build a relationship with them. For my book, I found a group of single mothers and went there and asked for feedback and reviews. This was completely free and it was great for feedback. 

Cover designer

You want to have a quality design . After all books are judged by their cover. A lot of people try to skimp on this cost by using fiverr.com etc . This website is great for many things but not for a cover design. When you get a cover design you will want to look at the designers portfolio and get reviews 

To save some money look for those graphic designers who are just getting started in their careers and develop a relationship with them early on in your process . This gives you time to get comfortable with them and their work. An added bonus is seeing your cover done before the writing is done will give you the motivation you need to keep going. 

Cover designs should cost around $200-$3000 (*The higher end is for award-winning designer)

*****Below I shared my actual book cover (left) vs. the inexpensive design I ordered when trying to save money! ****

ISBN

An ISBN (International Standard Book Number) is recommended if you’re doing a print book or want it placed in a library. Not everyone believes you need an ISBN. If you plan on only selling your book in e-book form, then you do have the option of skipping the ISBN and using the default numbering system for Amazon, 

Costs for ISBN
$125 for one ISBN
10 ISBNs for $295

100 ISBNs for $575

order them here: https://www.myidentifiers.com/

Publishing 

There are many options for publishing.

Self-publishing – the costs listed above are what is involved with self-publishing. You pay these costs up front, but typically keep all of your royalties on the back end. 

Hybrid publishing- Authors no longer have to choose between traditional publishing and self-publishing. They can choose to go the hybrid route, this is a mix between self-publishing and traditional publishing. With hybrid publishing, you can pay for what you need help with. For example, you can pay for editing and graphic designing and then you can do all the marketing on your own. With hybrid publishing, you have to pay up front as well. 

Traditional publishing – you pay nothing but typically when your books are sold the publisher takes 80% of the royalties you make. You make little in return. 

Marketing 

Marketing your book depends on your goals for your book, how you will distribute it, what types of publicity you want from publishing (print, broadcast, the internet & live appearances), and, how much knowledge you have to do some tasks yourself.

You can very easily market your book on your own. I did this using Facebook groups, my blog, and my Instagram page. I basically discussed tips, strategies, and tricks related to my topic. Once I did that I built a following so when it came time to market my book o already had a crowd interested in buying it. I also networked in my local area to where I thought my ideal customer would be. This too helped me to build a naturally interested following. 

If you want someone to do the marketing for you, they will handle creating pages, networking, increasing your visibility and creating content. 

Marketing: $500-$5,000

Printing 

Physical costs of printing a book. Depending on the number of books it’s about $4 for hardcover or $2-$3 for a paperback. This does not include full-color cookbooks or coffee table books, with lots of high-quality photographs and color. Those are much more expensive to produce and print. 

 

So where do you go from here?

Writing a book can be a very overwhelming process. I remember walking through the process and feeling a series of emotions. I felt like I had a thorough understanding but I was lost. I tried googling tips and strategies but all that did was leave me more confused. 

In my book writing boot camp course, I walk you through the entire process of writing, publishing and marketing your book. I teach you tips and tricks to make the process seamless. I even have an added bonus which walks you through the best-selling author strategies. 

The process that I will share is one that has truly worked time and time again. It has helped me to become an author of four books and help many women write and publish their books as well.

If you’re ready to make your author dreams come true sign up here: http://www.nicolyawilliams.com/book-writing-boot-camp/

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