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The economics of your book

Do you think you will sell 200 copies of your book?

In contrast to traditional publishing methods, self publishing can be financially rewarding.

This is because a traditional book publishing company will take your book under stringent legal conditions, print it and distribute through the book industry’s established channels including retail stores and online outlets. For all your hard work you might only get a 5% royalty on the retail price.

This means if your book that retails for $14.99 is sold in a shop, you will get just 75 cents.

EXAMPLE 1. If you have a traditional publishing deal:

  • Print cost: $4.95
  • Retail price: $14.99
  • Your profit is 5% of  $14.99 = 74 cents

EXAMPLE 2. If you self publish:

  • Print cost: $4.95
  • Retail price: $14.99
  • Your profit $10.04

As the calculation above shows $10.04 (if you self publish) versus 75 cents is a huge difference.

IF YOU CAN SELL AROUND 200 COPIES OF YOUR BOOK YOU WILL PAY FOR ALL PRODUCTION COSTS. ANY EXTRA SALES ARE PROFIT.

The key to self publishing success is your network. You will need to let your personal network know that you have a book that they need. You must take charge of your own marketing. But that’s not hard!

If you are a trainer, public speaker, consultant or have any sort of profile within your potential readership target, you have the capability of selling hundreds and hundreds of copies of your book at events, meetings and seminars with which you have an association.

Green Hill will also help you market and distribute your self published ebook or printed book through the very same channels that are used by traditional publishing houses.

What if you have very little money?

If you have an established social media network e.g. a hundred friends on Facebook, Green Hill can show you how to kickstart your publishing project with as little as $199 + GST upfront by pre-selling your book through our crowdfunding website Page One.