Self-Publishing Expo Coming Soon!

Our friends shared this information with us and I thought it might be helpful to some of you.

Ever dreamed of publishing a book? The Self-Publishing Book
Expo can help turn that dream into a reality. The SPBE is an
annual conference that brings together all of the major players in
self-publishing, from authors who are realizing their dreams to the
companies helping them achieve their goals.

This year the SPBE will be held on Saturday, October 22nd at the
Sheraton NY Hotel. It will feature an impressive array of speakers
and panels designed to teach what you need to know to self-
publish your work and help you navigate the waters. Panels on
social networking, pricing, distribution, building websites, and e-
books, to name but a few, are all designed to teach you how to
successfully publish, whether you’ re still considering the idea of
self-publishing or have a book or two under your belt.

Also featured this year will be One-on-One Manuscript
Evaluations where professional editors will sit down with you to
review and assess your work, and What’s My Story, a forum where
you will have the opportunity to pitch your book idea to a stellar
list of agents, editors and publishers.

The Exhibit Hall is free and open to the public and will feature
companies promoting their services an authors exhibiting and
selling their books.

For more information on panels, ticket prices and exhibition fees,
please visit: www.selfpubbookexpo.com

10 Things You Need to Know About Self-Publishing

Today’s authors have started to catch on to the fact that they no longer have to depend on and pay a third-party publisher to do the work that they can do themselves by self-publishing. Self-publishing is no piece of cake, but these books have all the potential to be best sellers and major moneymakers just like their commercially-published counterparts. Whether you’re sold on having endless artistic freedom or complete control over your work, self-publishing is a rewarding task and terrific option for authors who are willing to put in the extra effort. Here are 10 things you need to know about self-publishing:

1. You Need to Pick a Niche: It’s important to pick a well-defined niche for your book to guide you during the writing process and help determine your target audience. Niche books tend to do best, so it’s generally a good idea to write what about what you know and steer away from personal journals, emotional rants or niche topics that no one has heard of. Also, think about what your audience wants to read and what’s missing from your chosen niche. Once you determine this important information, you can better address the needs of your readers and niche market, as well as make a name for yourself.

2. Study Your Competition: Before you self-publish, it’s important to study, analyze and keep up with your competition. If you haven’t picked a niche for your book yet, but have a couple genres in mind, start your investigation by looking closely at these types of books and authors to compare and contrast. If you do your homework and stay on top of your competitors’ latest works, you’ll be able to bring something fresh and new to the table and hopefully stand out from the others.

3. You Are Your Own Editor: It’s important to remember that self-published authors are on their own for editing, unless you hire a professional editor, which can get expensive, fast. Proofreading and revising your own work is all part of the self-publishing process and is necessary to maintain full creative control of your book. If you’re taking the self-editing challenge, be sure to utilize the numerous editing resources available online, and try to get a second set of eyes to take a look.

4. Make Your Title Memorable: In order to stand out among the rest, you’ve got to make your book title unique and memorable. This is true for any book – self-published or not. A short, clever title is always preferable, but it should still be clear and relevant to your book.

5. Self-Publishing Includes Self-Promotion: If you don’t have a publishing company and literary agent to market your book for you, you’d better be ready to do it yourself. Self-published authors have to put themselves out there and take an aggressive approach to marketing if they actually want to sell their books. This includes promoting the book online, organizing book signings and sending complimentary review copies to newspapers and magazines. Essentially, you should eat, sleep and breathe your book so others will care about it as much as you.

6. Praise and Criticism Should Happen Naturally: As tempting as it is to ask friends and family to write positive reviews for you, whether they’ve read your book or not, authors should overcome this urge and let praise and criticism happen naturally. Fake or forced reviews are easy to spot, and it won’t help your image one bit. So, sit back and let unbiased readers praise your work or rip it to shreds. After all, isn’t criticism better than no attention at all?

7. A Literary Agent Isn’t Necessary: As much help as literary agents can be, they aren’t necessary for selling good books. If you’re dead set on self-publishing and reaping the benefits on your own, you probably don’t have much need or desire for a literary agent who works in mainstream publishing. Having an agent often defeats the purpose and personal benefits of self-publishing because you’ll no longer have 100 percent control over your work.

8. Self-Published Authors Can Still Win Awards: Forget what you’ve heard before – self-published authors can win awards too! Every year, there are several writing contests to enter and awards to be given for superb self-published work, including short stories, fiction, nonfiction, poetry and many other genres. Credibility, a strong readership and strategic marketing will help you achieve your goals and reach the award-winning level.

9. Know Your Audience: An essential part of writing and successful self-publishing is knowing your audience. Since self-published books generally cater to a smaller niche market, you have to consider your audience from the project’s conception, publication and marketing stages. One way of knowing your audience is to study the demographics, interests and needs of readers within your chosen niche. If you’ve self-published work in the past, get in touch with your readers and deeply consider their comments, concerns and questions when writing your new book.

10. Send Out Review Copies: One of the best ways to establish credibility and garner attention for your hard work is to send out review copies to as many people and publications as possible. If your budget allows it, you can snail mail printed complimentary review copies of your book to newspaper, magazine and journal reviewers, as well as publishing companies, bookstores and anyone who sparks an interest in your writing.

How to Set the Retail Price of Your New Book

When you’ve finished writing your book, and you’ve decided to self-publish, how will you determine the retail cover price for your book? Although current book prices may seem high, when you narrow the cost down to the bottom line, the reason may become clearly justified.

Keep in mind, if you pay a POD publisher (print on demand), most or all of the following may be included in your fee. When you obtain an estimate for POD publishing, check and see if it would be to your advantage to do-it-yourself. Remember, most often, paying a large sum of money to a POD publisher will not buy you any books. After your book is published, you will have to purchase your own books from them.

Starting from scratch, I will attempt to break the cost of book production down to the wire so you can estimate the cover price you will need to charge for your finished book. My estimates will be based on the average expense for a 5.5” x 8.5”, 200 page perfect paperback (soft cover) book.

Editorial cost – Unless you yourself are a professional editor or English major, we will assume your first real expense will be having your work edited. Cost - $400-$500

Layout cost – Although it’s not too difficult to layout the pages of your manuscript in book form, I strongly suggest having a professional do this for you, especially if you have an Index. Book printers take what you give them and print it. If you have even slightly misjudged the setup for your book, it can drastically change the final layout. Cost - $150-$250.
On an added note, visit http://www.48hrbooks.com/Templates.asp for some layout templates you can fill in yourself.

Cover Design – Your cover sells your book. Browsing customers who notice your cover amongst the hundreds of other books are obviously more likely to buy. Before you settle on a cover design, make sure you have researched what your customers will be looking for. Don’t skimp here. Cost - $100-$300

Printing cost – Your printing cost will vary according to how many books you order. For now, let’s assume you order the amount of books the average self-published author sells. We'll say 200 copies. Your cost will be $4.85 per book plus shipping cost.
(Again, 48 Hour Books is my favorite. They are an online company who print quality books for as reasonable a price as I’ve seen. Go to http://www.48hrbooks.com/ and enter the number of books, color pages, and zip code for shipping estimate.)

So let’s recap the cost of our 200 page book;
Editorial - $2.25 per book
Layout - $1.00 per book
Cover Design - $1.00 per book
Printing - $4.85
_________________________
Total cost per book - $9.05

Now that we know our expense for the physical book, what do we charge for it? Here’s where we now have to look at our “selling” expense.

Quite possibly, Amazon.com will be your biggest customer fulfillment source. Amazon charges a 55% commission on sales. Most wholesalers and distributers charge the same; some may be less (40-50%). But it is important to set your retail price where you can show a profit with even the highest commissioned distributor. We are most often responsible for the shipping cost to the distributer as well.

So will all this expense, we really need to set our retail price over $20 per book to make anything at all. But keep in mind; you will sell books to friends, at fairs, libraries, and some book stores, all where you will see a higher profit per book making the averages look a bit more appealing to you. Also, if sales are good, you might need to order more books, now the expense is reduced to the printing and shipping cost—looking better now?

Understand these estimates are for a retail product and do not yet include any type of wage for our time invested. The profit you estimate is your wage (before taxes).

My quotes may seem high at some level and low at others, but realistically, it’s not cheap to produce a book unless you want to end up with a cheap looking book!

Although these numbers may be disappointing to some, maybe we should we ask ourselves why we have the desire to write a book in the first place? If we are satisfying a dream, these estimates and financial mumbo jumbo will simply not matter. So enjoy the dream and if you can make a few bucks in the process, celebrate!

How to Set The Retail Price of Your New Book

When you’ve finished writing your book, and you’ve decided to self-publish, how will you determine the retail cover price for your book? Although current book prices may seem high, when you narrow the cost down to the bottom line, the reason may become clearly justified.

Keep in mind, if you pay a POD publisher (print on demand), most or all of the following may be included in your fee. When you obtain an estimate for POD publishing, check and see if it would be to your advantage to do-it-yourself. Remember, most often, paying a large sum of money to a POD publisher will not buy you any books. After your book is published, you will have to purchase your own books from them at a sometimes not so reasonable cost.

Starting from scratch, I will attempt to break the cost of book production down to the wire so you can estimate the cover price you will need to charge for your finished book. My estimates will be based on the average expense for a 5.5” x 8.5”, 200 page perfect paperback (soft cover) book.

Editorial cost – Unless you yourself are a professional editor or English major, we will assume your first real expense will be having your work edited. Cost - $400-$500

Layout cost – Although it’s not too difficult to layout the pages of your manuscript in book form, I strongly suggest having a professional do this for you, especially if you have an Index. Book printers take what you give them and print it. If you have even slightly misjudged the setup for your book, it can drastically change the final layout. Cost - $150-$250. On an added note, visit http://www.48hrbooks.com/Templates.asp for some layout templates you can fill in yourself.

Cover Design – Your cover sells your book. Browsing customers who notice your cover amongst the hundreds of other books are obviously more likely to buy. Before you settle on a cover design, make sure you have researched what your customers will be looking for. Don’t skimp here. Cost - $100-$300

Printing cost – Your printing cost will vary according to how many books you order. For now, let’s assume you order the amount the average self-published author sells, 200 copies. Your cost will be $4.85 per book plus shipping cost.
(48 Hour Books is my favorite. They are an online company who print quality books for as reasonable a price as I’ve seen. Go to http://www.48hrbooks.com/ and enter the number of books, color pages, and zip code for shipping estimate.)

So let’s recap the cost of our 200 page book;

Editorial - $2.25 per book
Layout - $1.00 per book
Cover Design - $1.00 per book
Printing - $4.85
_________________________
Total cost per book $9.05

Now that we know our expense for the physical book, what do we charge for it? Here’s where we now have to look at our “selling” expense.

Quite possibly, Amazon.com will be your biggest customer fulfillment source. Amazon charges a 55% commission on sales. Most wholesalers and distributers charge the same; some may be less (40-50%). But it is important to set your retail price where you can show a profit with even the highest commissioned distributor. We are most often responsible for the shipping cost to the distributer as well.

So will all this expense, we really need to set our retail price over $20 per book to make anything at all. But keep in mind; you will sell books to friends, at fairs, libraries, and some book stores, all where you will see a higher profit per book making the averages look a bit more appealing to you. Also, if sales are good, you might need to order more books, now the expense is reduced to the printing and shipping cost—looking better now?

Understand these estimates are for a retail product and do not yet include any type of wage for our time invested. The profit you estimate is your wage (before taxes).

Although these numbers may be disappointing to some, maybe we should we ask ourselves why we have the desire to write a book in the first place? If we are satisfying a dream, these estimates and financial mumbo jumbo will simply not matter. So enjoy the dream and if you can make a few bucks in the process, celebrate!