Is Self-Publishing a Book Profitable?

Publishing a Book Digitally 

By Deborah S. Nelson

Tablet computer color splashNow that digital publishing has entered the playing field of the World Wide Web, a new question arises over the horizon of online book publishing. Is it possible to make money when publishing a book? In this article we address the question for those considering entering the ring of digital book publishing.


Self-Publishing

Book Publishing reaches back into history; and traditionally was an expensive venture to enter. The printing press was a pricey piece of equipment in the first place, as was the set-up involved in printing just one book. This required an up-front investment for printing at least 10,000 books to make one book affordable. See the video below which explains in more

detail the difference between digital publishing and traditional publishing.

Now that digital publishing allows any of us to print just one book affordably, that makes self-publishing doable for a one person enterprise.

Money Required for Publishing a Book

Before we can talk about making money in publishing a book, we need to talk about the costs involved to get started.  Since expensive printing equipment or set-ups are not required, that means anyone with a simple computer and an idea for a book can enter the playing field of book publishing. With no large investment required, the potential profit margin obviously skyrockets.

However, expect to put in a great deal of sweat equity, or pay for labor costs involved in preparing the digital file for publication. To find out more details about the exact costs involved in  publishing a book, here’s an article entitled Real Self-Publishing Costs to Publish a Book to get a detailed analysis of initial costs involved.

The Millions Made by Publishing a Book with Digital Publishing

Digital publishing equipment has made a new self publisher era possible. No longer considered ‘vanity publishing,” many successful traditionally published authors are getting excited about the size of their royalties made by publishing a book themselves. Take Barbara Freethy, for instances, Author of 34 novels including the Wish series and first author on Kindle and Nook to sell one million books. She has been writing for 20 years, and was published through four different publishing houses. Freethly is now self-publishing. “Once I saw how well my self-publishing books were doing and how much more attention and focus I could put on my own books, it was a pretty easy decision [to continue self-publishing] because those books have been doing so much better,” Freethy comments.

Amanda Hocking has made millions with her romance series with on e-book platforms as well. Considering now that the self-publishing industry is estimated as a 52 million dollar industry in 2012, there is certainly big money to be made in publishing a book. This is true now, more than ever, especially when self-publishing figures appear to be eclipsing traditional book publishing numbers many times over.

Amanda Hocking and Barbara Freethy are just two of the most well-known millionaire authors; and this article barely scratches the surface. Huffington Post Live has a comprehensive video interview which interviews the some of today’s most successful self-published authors. With the publishing playing field leveled they interview Hugh Howey, Darcy Chan, Bella Andre, Jasinda Wilder, all New York Times Best Selling authors, and all approaching 1 million or more in book sales. With royalties what they are in self-publishing, you can bet those sales numbers has brought each of these authors millionaire status.


self-publishing toolkit only at Publishing SOLOJoin Publishing SOLO
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For All Your Writing & Publishing Dreams

 

Self-Publishing Success–Is it About the Money?

Publishing SOLO Achieves Self-Publishing Success with Top Website Award

By Deborah S. Nelson

Publishing Solo Gets Award for top websites in Self Publishing and Achieves Self-publishing Success

Publishing Solo guides writers to self-publishing success with teaching articles, self-pubishing toolkit, books, courses, private coaching

Ah. Does self-publishing success equal money? Most of us think that success shows up in the form of money, and that is true to a certain extent. However, before the money flows, we must build momentum with committment, passion, and focus.

So putting the money issue aside for a minute, Consistent, Committed, Focused Passion towards a dream does pay off.  Just when you think no one is noticing your work…Bam! Someone notices.


Self-Publishing success with self publishing toolkit by publishing solo

I joyfully announce that PublishingSOLO.com is selected for an award as a Top Self-Publishing Site for 2014~ Woo Hoo! My Thanks go out to all the authors who have published through Publishing SOLO, for without them there is no PublishingSOLO!

The short list is Emily Yurcheshen, Suzanne Landry, Julia Loggins, Cindy White, Maya Shaw Gale, Audrey Addison Williams Robert Munster, Karen Maryum Morse  Eve Morong-Briere, and dozens more. In fact, if you would like to see all the first time Publishing SOLO authors you can visit the Author Library page on our site.

Save Money by Learning Secrets of Self-Publishing Success

I cordially invite you to take a leisurely stroll around this now award-winning site to learn how you can also experience self-publishing success. Join Publishing SOLO and get a free self-publishing toolkit right off the bat. Read the comprehensive articles to get the real inside truth of what self-publishing really involves. Get informed before you jump into a project which could be more expensive than you anticipated with a higher learning curve that you expected. We offer enough free information on this site to save you hundreds of dollars in wrong turns, or in learning how to publish a book on your own. Additionally, if you want even more help, we offer DIY Books, Courses, and private coaching. Ms. Nelson even offers half hour free publishing consultations on Mondays with no obligation. She only wants writers to bring their passion to the world and to experience the self-publishing success that is so exhilarating.

Other Related Self-Publishing Articles:

Millionaire Amanda Hocking Tells Her Story

Is it possible to make money in self-publishing? How much money can you make? In this YouTube video self-publishing success Amanda Hocking tells how she did it.

How to Publish a Book

Ever wanted to learn how to publish a children’s book, a novel,  or business book? Friends, family, and peers see you in a whole new light once you become a published author.

My Five Secrets for Writing a Quality Book Fast

Deborah S. Nelson, author/publisher of 14 books gives away the store on how to write a book. Just like eating an elephant one bite a time gets it done, Ms. Nelson teaches how to write a book one word at a time!

Five Benefits for Self-Publishing a Book

Is it digital publishing really worth it? The cost, the time,  the learning curve? Why should you self-publish a book? Are you ready to self-publish a book? Publishing SOLO tells all. 

The Real Costs of Self-Publishing a Book

Are Authorhouse, CreateSpace, LuLu, and the other print on demand companies really free? Yes, and No. Get the real scoop on the costs to self-publish a book, and what it takes to achieve self-publishing success.


self-publishing toolkit only at Publishing SOLO for self-publishing successJoin Publishing SOLO
for Support, Structure & Accountability


For All Your Writing & Publishing Dreams