SELF-PUBLISHING EXPENSES
One of the major benefits of self-publishing is that you can do it (virtually) for FREE.
And, if you set a reasonable list price, the royalty rates are very high.
So with high royalties and minimal costs, if you can stimulate any sales at all, you should easily make something.
There is very little risk.
However, the number of authors who are investing big $$$ in self-publishing and who are losing big $$$ because their self-publishing expenses greatly outweigh their profits is staggering.
HOW MUCH DOES SELF-PUBLISHING COST?
It can cost next to nothing:
- Zero set-up fees at print-on-demand indie publishing companies like CreateSpace.
- Zero set-up fees at most major e-book publishing services like Kindle Direct Publishing, Nook, and Kobo.
- Minimal cost to order one or more printed proofs for paperback books.
If it costs you next to nothing, you don’t…
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Very informative article! Shared on FB, LI, Twitter 🙂
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I’ve been preaching for years that if you want to be in profit from day one re royalties, do it all yourself and for no financial outlay. Yet, many still think that to give themselves the best chance, they must spend money…
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