How Expensive is it to Publish a BookWhat does it cost to publish a book?
It can be more difficult and expensive to publish and advertise a book alone than you think.
What is the price of publishing a book?
I explained to you last weeks how the book fees work and your remarks raised some important questions. The one of them was the concept that the publishing house would make a significant monetary commitment to any author, without any assurance that the book would be sold. It is important to recognise and comprehend this, because it is one of the factors why publishing houses have to make such diligent choices.
There is so much rivalry out there, and every book they sign contracts will cost a considerable amount of money before your book ever hit the shelves, making a penny. What will a tipical publishers pay for your book before selling a copy? Remember, this is just one example and figures differ from book to book and from publishing house to publishing house.
On the other hand, this is to show that even if a publisher offers you a big step forward (or any progress at all), they still spend a mint amount of money on your book, without any warranty of ever recovering it. OVERALL: $40,000 without your upfront. OVERALL: $58,000 without your upfront. Remember that publishing houses cannot remain in operation if they only achieve a balanced result.
You can see that the company has to buy some of them to cover the costs of publication. Do you have a book that sells so many of them? Determined to participate in your book's sales opportunities? Perhaps this will make it easy to see why it is so important for editors to select those who actually buy the consumer and select writers to help with the sale.
Your advertising budgets are exploding, and more is being invested in all other areas such as editing, designing, print, etc. In the publishing house the prepayment is regarded as (one kind of) manufacturing costs.