The cost of self-publishing

If you’re thinking of self-publishing let me warn you…it’s expensive. Very expensive, more so than I thought it would be when I first got started. This is a new booming business and print-on-demand companies are making a fortune off of aspiring authors-to-be. Two years ago I was fortunate enough to choose a publishing package under $400 but that’s nearly impossible to find now. Combine that with the cost of copyrights at $250 and additional add-ons such as editing, ebook format, returnability programs, etc. and you’ve already reached well over $1000. You haven’t even included the cost of cover art and purchasing your own books to sell. Don’t forget all of that promotional material like business cards, flyers, and newspaper ads…Be prepared to spend your tax-refunds, savings, financial aid, or whatever extra cash you have to cover these costs unless you have generous friends and family members to help you. I was not so lucky. I had to cover everything on my own.

I’m not trying to discourage anyone from traveling down this path but it is a tough one. Do not be manipulated by the persuasive sales staff of these PODs. They will try to sell you everything in their catalog leaving you financially depleted. Purchase only what you need. Shop around and compare publishing companies. If you can, wait until the end of the year to publish a package and take advantage of those huge Christmas deals. That’s what I did and I got 50% off the original price.

From my research Lulu seems to be the least expensive with their basic package coming in under $400. Most basic packages seem to cost $500 (Author House and Createspace). Most companies will give you similar deals that include ebook option and author copies of your novel for review.

Some writers like a more hand’s-on approach with layout and formatting but I am not one of them. I’m a writer that values her precious allotted time to write. Do your research and ask LOTS of questions. Talk to other indie writers and learn from their experiences.

Also remember that the publishing company you choose must be worthy of your work. Once you publish with them they make a profit off of each book you sell. You become a part of their business and their success. Be frugal, cautious, and cunning… just like they will be with you.