What a Book Costs Before Anybody Buys One

This entry is part 22 of 22 in the series Books That Pay You Back
TL;DR: Most first-time authors budget for the writing and stop. Editing, design, ISBNs, proofs and the launch are all real lines and several of them are non-negotiable. Here is the shape of the spend and which cuts people regret.

A house costs more than the timber. Everybody knows that about houses and almost nobody applies it to books.

The question I get is what a ghostwriter charges, as though that settles it. It does not, and a client who budgets for the manuscript and nothing else arrives at the finish line with a file and no book.

What follows is the shape of the spend instead of a price list, because the numbers move and the structure does not.

What are the actual line items?

Writing, editing, design, identifiers, proofs and launch. Six, and most people know about one.

Writing is the manuscript, whether you produce it or somebody does it with you. Editing is at least two different jobs, and treating it as one is the most common budgeting error.

Design covers the cover and the interior, which are separate skills and separate people. Identifiers are ISBNs and the associated registration. Proofs are physical copies you check before release, and skipping them is how books ship with the page numbers wrong.

Launch is whatever you do so that publication is not a private event.

The book on this: Make a Living as a Self-Published Author works through the money side properly, for people who want the business and not the fantasy.

Which kind of editing do you need?

Developmental first, then copy editing, then proofreading, and they are not interchangeable.

Developmental editing is about structure. Whether the argument holds, whether chapter six should be chapter two, whether the promise in the introduction gets kept. It is the most valuable and the one people skip, because it is the least visible on the page.

Copy editing is sentences. Proofreading is errors in the final laid-out file. Somebody who has had only a proofread has had none of the work that would have made the book better, and plenty of authors believe they have been edited when they have been checked for typos.

If the budget forces a choice, developmental beats the other two. A well-copy-edited book with a broken structure is a tidy failure.

The book on this: Publish Your Book covers the production decisions that are expensive to reverse once made.

Where do people waste money first?

On the cover, by paying too little, and on marketing, by paying too early.

The cover is the entire shop window and a cheap one is visible instantly at thumbnail size, next to forty others. I have watched excellent books fail on this alone, and the amount saved is trivial against the effect.

Marketing spend before the book has any traction is the other one. Paid promotion applied to a book with no reviews and no positioning amplifies nothing. The same money spent three months later, once you know which readers respond, does considerably more.

The third waste is buying services in a bundle from anybody who also promises bestseller placement. That is a category of business worth avoiding entirely.

What can you genuinely skip?

More than the industry suggests, if the book has a job other than sales.

A book written to establish authority with a specific professional audience does not need a wide-release marketing campaign. It needs to exist, to be well made, and to be in the right hands. That is a completely different budget from a book trying to reach strangers.

Audio can wait. Translation can wait. Hardback can wait. None of those are wrong and all of them can follow the book proving itself.

What cannot wait is anything that affects whether the finished object is credible: editing, cover, interior, proofing. Those are the ones that determine whether a reader takes the book seriously in the first ten seconds.

The book on this: Sell Your Books is the launch half, written after finding out what publishing into silence produces.

How should you sequence the spend?

In the order that lets you stop.

Every stage should produce something you could evaluate before committing to the next. A structural edit tells you whether the book works before you pay for design. A proof tells you whether the interior is right before you order copies.

Paying for everything at the start removes that option and it is how people end up with three thousand printed copies of something they would now change.

What is the return question?

Whether the book has a job, and whether you can name it.

A book that wins one consulting client has paid for itself several times over. A book that makes an expert credible in a room they could not previously enter has done something that had no other price. A book expected to earn its cost in royalties usually does not, and that expectation is what makes people feel it failed.

Decide the job before the budget. The spend that makes sense for a lead-generating professional book is different from the one that makes sense for a memoir for the family, and both are legitimate.

The rest of this series works through what a book does for specific professions, including consultants, coaches and estate-planning attorneys. The Publishing and Marketing Hub has the practical material, and my ghostwriting service quotes the manuscript and tells you the rest of the shape before you start.

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Frequently Asked Questions

What does it cost to produce a book properly?
There are six lines: writing, editing, design, identifiers, proofs and launch. Most first-time authors budget for the first and are surprised by the rest, and several of the others are not optional if the book is to be credible.
Which type of editing matters most?
Developmental editing, which is about structure and whether the argument holds. It is the most valuable and the one people skip because it is least visible. A well-copy-edited book with a broken structure is a tidy failure.
Where do first-time authors waste money?
On a cheap cover, which is visible instantly at thumbnail size, and on marketing spent before the book has any traction. Paid promotion applied to a book with no reviews and no positioning amplifies nothing.
What can you leave until later?
Audio, translation and hardback can all follow the book proving itself. What cannot wait is anything affecting credibility in the first ten seconds: editing, cover, interior and proofing.
How do you know whether a book was worth the cost?
By naming its job before you set the budget. A book that wins one consulting client has paid for itself many times. A book expected to earn back its cost in royalties usually does not, and that expectation is what makes people feel it failed.


📁︎ Book Marketing📁︎ Business📁︎ Publishing

🏷︎ Book Writing🏷︎ Publishing🏷︎ Self-Publishing

📝 Disclaimer

The views and opinions expressed in this blog post are solely those of Richard Lowe and are based on personal experience and research. This content is for informational purposes only and should not be construed as professional legal, financial, accounting, or business advice. Always consult with qualified professionals before making important business or legal decisions. Richard Lowe is not a lawyer, accountant, or licensed professional advisor, and this content does not establish any professional relationship.

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