What a super sunshiny day it is in Toronto! I wish you were here to share it. We could have a proper discussion.
I have the privilege of being part of a few writing groups online. I have always thought that if you’re seeking support for your work, you should give support. Some people are incredible at the social networking thing. I’m still learning.()
Sometimes an author will be done with their work, pay an editor, pay someone to format the book, pay someone to design a cover and then post it online for sale at $2.99. $2.99 for a 300 page original story!!!
If this were a business and I was counting $$s…
- Idea generation (collecting them from the “Ether”) – $100
- Writing for about 3-4 hours a day for six months at minimum wage (in Ontario $10.25) – $10.25 x 3.5 hours x 5 days a week x 24 weeks = $4,305 before tax.
- Paying an editor 2 cents per word for an 80,000 word novel – $1,600
- Paying for someone to design your cover – $500, generic – $40, doing it yourself 3-4 hours at minimum wage – $36
So the book that is sitting on the shelf (real or virtual) is worth anywhere between $5,900 and $6,400 without the cost of marketing, packaging, printing, distribution, shipping, Amazon.com fees or taxes. To break even an author would have to sell over 2,100 copies of the book at $2.99 to break even.
Really… I can’t e’en.
Support your local author, don’t be a Grinch.