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If you’re a self-published author struggling to properly price your book’s RRP, you’re not alone. Your book’s price directly impacts how well your book will sell and how much you make for each of your sales, so it’s important to get it right.
Price your book too low and you might struggle to earn what your time and hard work is due. Price it too high, however, and potential readers are likely to forgo your book for a cheaper option. Finding the right balance is crucial, but there are some factors that will help you figure things out.
RRP stands for Recommended Retail Price. It’s the price you suggest that retailers, both global online shops and local bookstores, use when selling your book.
A number of things impact what your RRP should be set at. We’ve named a few below:
• Distribution channels
• Print costs
• Print quality
• Genre/audience standards
To price your book effectively, it’s a good idea to understand your distribution model and research similar books in your genre and target audience.
The RRP of your book is more than just a number—it plays a key role in attracting readers and boosting your book sales. A well-planned RRP helps you connect with your target audience and increase your earnings as an author, so it’s important to put some consideration into it.
The RRP, however, isn’t the be-all end-all for retailers when pricing your book. It’s an indication of the price they should set, but it isn’t a hard-and-fast rule. Retailers can set your book price at whatever they like—without consultation from the author.
While this is true, the RRP is still a retailer’s first indication of what your book is “worth”. If they don’t believe that they can sell the book at that price and return a just profit for themselves, they may not stock your book at all.
Distribution plays a key role in determining your Recommended Retail Price (RRP) since costs vary greatly depending on the method. Understanding distribution costs is essential to setting competitive RRPs and maximising profit margins.
Print-on-Demand (POD) platforms like Amazon KDP and IngramSpark simplify self-publishing by printing books as orders come in, eliminating the need to stock books in a warehouse, shed, or your back room. Using POD also means that you don’t have to fork-out the upfront cost of bulk print, which is a gamechanger for indie authors.
However, POD convenience does come with a different kind of price tag: they take a cut from your royalties.
When you set your book’s RRP for POD, ensure it covers both printing and distribution costs while leaving room for profit. Both Amazon KDP and IngramSpark have calculators that you can use either to estimate (before setting up your title on their platforms) or finalise (once you’ve uploaded your final files) your RRP to ensure your royalties are looking good.
If you’re self-publishing and selling books yourself (either through your dedicated author website, at local events, or through your author social media accounts), you cut the retailer out and can make more royalties from each sale.
A good rule of thumb is to set your recommended retail price (RRP) at three times the per-unit cost of your print order. This approach covers production costs, allows for discounts when needed, and ensures you earn a solid profit.
For example, if printing each book costs you $5 per copy (unit), setting your RRP at $15 is a good starting point. Then, you should consider what other books in your audience and genre are and see if you can match-up to their pricing.
When thinking about pricing your book, the main market factors to focus on are the genre, format, and target audience. Readers usually have a price point that they’re willing to pay depending on their chosen genre and format, so it’s a good idea to know where your book will stand. Here’s a quick guide:
Many authors assume a low RRP will attract more buyers, but if it doesn’t cover production costs, you risk earning zero royalties—or worse, losing money.
To maximise your royalties and avoid losing money, carefully calculate costs before distribution and set your RRP to guarantee profit. Don’t let all your hard work as an author lead to financial loss.
While setting your RRP too low can be damaging, raising it too high can be just as bad. Some readers will happily spend $30 or more books, but this doesn’t suit everyone. Most book buyers want affordable options and will often opt for a cheaper book over yours regardless of which is considered better.
When pricing your book, consider the following:
By understanding your audience and highlighting the realistic value of your book, you can set a competitive price and attract more readers, helping to boost your sales and profitability.
When pricing your book, consider how different formats impact costs and set your RRP to reflect this. Here’s a quick guide to book pricing:
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In just a quick 8,000 words, this little book will equip you with the knowledge you need to successfully publish your book.
The Little Book of Big Publishing tips goes into the essentials of self-publishing a book, outlining the business and financial side of publishing, legal issues, design, editing, sales and marketing. There's even a section on how to identify a vanity-publishing scam.
Self-publishing isn’t just for memoirs and family histories – it’s a fantastic option for fantasy novels, too! It offers a direct way for authors to share their unique and imaginative stories no matter how niche or controversial their topics may be.
Self-publishing offers a fantastic opportunity for fantasy authors. This approach is not just viable; it also provides numerous advantages. Let’s explore some reasons why:
Fantasy writing emphasises detailed world-building and character development across multiple books. As a self-published author, you have complete control! You decide the length of your series, control the pacing, and bring your creative vision to life without restrictions.
Unlike traditional publishers that often impose limits on series length and story changes, self-publishing lets you carve your own path. Picture creating a vast fantasy realm filled with rich histories and diverse cultures. Self-publishing empowers you to connect every aspect of your story seamlessly, keeping readers captivated by your attention to detail.
Creating a series of fantasy book over a standalone also helps build a loyal fan base. Readers love diving into ongoing adventures, and you can keep them engaged with each new release.
Fantasy literature goes beyond just dragons and wizards; it’s a rich genre that embraces diverse themes and intricate narratives. Self-publishing empowers authors to explore niche or unconventional topics that often don’t fit the traditional publishing mould. Whether you want to blend fantasy with cyberpunk elements, delve into dark, morally complex characters, or explore controversial political themes through a fantasy lens, self-publishing gives you the creative freedom to do so.
This unique ability to break boundaries appeals to readers who are over having fantasy gatekept and instead crave fresh perspectives and original storytelling. Additionally, niche topics often attract dedicated audiences. By engaging with these communities, you can build a loyal readership that champions your work and shares it with others.
Still unsure if self-publishing your fantasy novel is the right choice? Have a look at some inspiring success stories of other fantasy authors who started their journey self-published:
Will Wight’s Cradle series shines as a prime example of how self-publishing can achieve massive success. Wight used Amazon’s Kindle Direct Publishing (KDP) to launch his epic fantasy series, which were his debut novels. With engaging characters and a captivating storyline, he captured the hearts of fantasy fans worldwide and became a New York Times and Kindle best-selling author.
Wight consistently released new content and actively engaged with his audience on platforms like Reddit. By connecting with readers directly, he built a passionate following eager for each new instalment. The Cradle series consistently ranks high on Amazon’s charts, proving that self-publishing fantasy novels can lead to substantial financial rewards.
Sarah J. Maas’ Assassin’s Blade novella is a remarkable success in the fantasy genre. While most know her for her more recent achievements in traditional publishing, Maas started out by publishing stories online, independent of any publisher. These stories gained so much readership interest, she later gained a traditional publishing deal for her now-acclaimed debut Throne of Glass series.
This strategic choice allowed her to prove her story’s viability and readership long before a traditional publisher was on the scene.
Rachel Aaron’s Heartstrikers series is another prime example of successful self-publishing in the fantasy genre. By taking control of her writing career through self-publishing, Aaron created a captivating urban fantasy world filled with dragons, magic, and intricate plots. Her commitment to high-quality storytelling and effective marketing strategies built a loyal fan base and earned a host of positive reviews on platforms like Goodreads.
The Heartstrikers series not only showcases Aaron’s talent but also highlights the growing opportunities for self-published authors in today’s competitive market. This success story shows how writers can carve out their niche, engage readers, and thrive as independent authors.
World-building is the backbone of any fantasy novel. Readers crave rich, immersive environments they can lose themselves in. Take the time to flesh out your world’s history, geography, cultures, and magic systems. However, consistency is key – ensure your world adheres to its own rules and logic.
Investing in world-building not only enhances your story’s depth but also lays the foundation for future instalments. Readers who connect with your world will eagerly anticipate returning to it with each new book.
Never underestimate the importance of a captivating book cover in attracting readers. Your book cover is more often than not a reader’s first impression of you and your book, making it a crucial marketing tool. Collaborating with a talented and experienced book cover designer who understands the nuances of the fantasy genre can greatly enhance your cover’s appeal.
A well-designed cover should effectively convey the essence of your story and align with genre expectations without trying to say too much. Simple yet effective covers are best.
For the interior, there is more to it than simply putting words on a page. Typesetting and interior book design play essential roles in not only making your book attractive, but also in making your book an enjoyable reading experience and conveying quality and professionalism.
Fantasy storytelling thrives on epic sagas and interconnected narratives. To maximise your success, plan your book series from the very beginning. Create a detailed roadmap that outlines the main plot, character development, and key events. This strategic foresight helps you plant the seeds of foreshadowing for future instalments, keeping readers engaged and eager for more.
Engage with your audience by establishing a strong online presence – your author platform. Using your author platforms, join fantasy-themed forums, subreddits, and social media groups to interact with fans. On your own accounts and author website, share valuable insights into your writing process, offer behind-the-scenes glimpses, and provide sneak peeks of upcoming book releases.
Doing all of this promotes community interaction and loyalty, fostering a sense of belonging for readers. The more engaged your audience is, the more likely they are to promote your novels and keep coming back for future editions and sequels.
Writing a captivating novel is just the beginning; effective book marketing plays a crucial role in reaching a larger audience. By using marketing strategies, authors can significantly boost their visibility and connect with readers, maximising their book’s reach in today’s competitive literary market.
Visual content reigns supreme on social media. To effectively engage your audience, use eye-catching graphics, stunning book covers, captivating character art, and engaging videos. Platforms like Instagram and TikTok are perfect for showcasing your fantasy world with visually appealing content. You can use interactive posts, polls, and Q&A sessions to boost engagement as well, generating interest and readership loyalty.
Be sure to regularly share updates on your writing process and upcoming book releases. The key to keeping readers excited about your work is to establish a strong, consistent, and appealing author brand across your platforms.
Amazon’s Kindle Unlimited (KU) program offers a fantastic opportunity for self-published authors to boost their book’s visibility. By enrolling in Kindle Unlimited, authors let readers access their eBooks for free through a subscription service, significantly broadening their audience reach.
Participating in the KU program can also improve your book’s ranking on Amazon’s bestseller charts, making it more visible to potential buyers. This extensive reach introduces your work to new readers who might not have discovered it otherwise, ultimately increasing your book sales and loyal readership.
Contacting influencers in the fantasy community is a powerful way to boost your book’s visibility, allowing you to tap into their dedicated followers who value their recommendations. To get started, be sure to do your research to ensure the reviewer or influencer aligns to your marketing needs (there isn’t much use sending a fantasy novel to someone who only reviews non-fiction books!). When you’ve received interest and approval, then you can organise sending out review copies of your book to them or participate in author interviews and features on their platforms.
These collaborations often lead to increased exposure, positive reviews, and a growing readership. In turn, this helps to enhance your credibility as a self-published author and connect you with a larger audience who are passionate about fantasy novels.
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
In just a quick 8,000 words, this little book will equip you with the knowledge you need to successfully publish your book.
The Little Book of Big Publishing tips goes into the essentials of self-publishing a book, outlining the business and financial side of publishing, legal issues, design, editing, sales and marketing. There's even a section on how to identify a vanity-publishing scam.
Green Hill has been serving the growing community of Australian and New Zealand self-publishers for well over a decade. And I’ve been in self-publishing in one form or another for 30 years.
While we think we’ve seen it all, each month we seem to be faced with a new challenge or a twist on an old one. Don’t get me wrong – we love our authors! And they love us or at very least respect us. Most are intelligent and sophisticated and have met with good success in their publishing endeavours. But there’s been a few (actually more than a few) who have self-sabotaged their efforts to be a successful author. For simplicity, I’ve grouped these into four categories of the most common forms of self-publishing self-sabotage I know.
IMPORTANT NOTE: These case studies have had the names, locations, book genres, personal profiles fictionalised for the purpose of protecting actual author identities and their privacy.
The aspiring author called me and asked to meet. I love meeting authors, online or on the phone or in our offices! So I was looking forward to it. This author was referred by a happy author for whom we had previously published. Its always great to start a project conversation from the base point of a happy author recommendation.
He was a 40 year old, fit looking and a little intense at first greeting. Settling down over coffee I started to show him some of our most successful books including a childrens book that had been selling extremely well on Amazon in the US.
‘Hold on before you go on I’ve got one simple question to ask’ he said, quickly taking control of the meeting.
‘I want to know how much money my book will make. How much can I bank on?’
I explained that I didn’t even know what the book was about (what was his book concept and what was the genre). Nor did I know if he had written a book before, or if he was literate – if he could write. I just couldn’t pull a financial projection out of the hat.
‘Ok. I want this book to make a million dollars. Can you guarantee that? Its a childrens book about a dog going to the beach. A friend of mine has done some illustrations.’
When I said I that I couldn’t give him any financial guarantee, with measured anger he retorted “OK I’m out’ and within another five minutes, after I felt it kind to further his own disillusion (for his own good) he was gone and gone for good.
Another author with a similar financial goal rebuked me for being negative and said I needed to think big, watch my words and make an appointment for counselling with him as he was a Neuro Linguistic Programmer (NLP). I clearly ‘needed help’. He’d never published a book before – I’d published thousands of books. But, doing his very first book, somehow he knew better.
We have many authors who have done well financially (and many that haven’t) and many more in between. We can certainly provide some advice about the financial potential of your book.
He was a senior retired professional writing his memoir of a long and successful life. The book would never be a best seller and he understood that and wanted the book to be a record for family, friends and work colleagues.
It was well written, edited and interesting.
But there was one issue. Sometime around 1992 he had a vivid dream that stuck in his consciousness for 30 years. It was emblematic of his life journey from early childhood and without getting too Freudian, it wrapped together a whole range of sub-conscious realities in a very surrealistic way.
‘My dream needs to be on the cover… it says everything to me. It is a portrait of everything that has deeply impacted my life.’
Reluctantly we started the book design process with a creative brief where the author and book designer discuss the book creation process. Here the book designer gets the author to clearly outline what sort of book cover they’d like to see.
The dream seemed to be long and complex with people, sounds and characters bobbing in and out of ‘screen’. When asked, the author didn’t really know what the dream meant nor could he visually describe it – when he repeatedly tried the description varied from the last.
He didn’t know how to describe the dream. And the book designer didn’t have a clue what he was on about. The cover was dutifully produced to his satisfaction. Two years later we redesigned the cover at his request.
‘I was happy with the first cover but none of the readers had any idea what it was about’ he said.
‘I got a some negative feedback.’
There are a few of lessons here:
She was a talented actress who spent her early years in London, then Auckland working in TV and finally managing an advertising and PR agency out of Sydney. She was a confident, sharp and charismatic character but carried the scars of a personal life punctuated with a string of disappointments, failures and minor tragic events. I liked her and she liked me.
Her novel held promise with a major traditional publishing company finally dropping it after they’d sent her so many positive signals over an 18 month period even flying her to Melbourne for a meet-up discussion. She was disappointed but philosophical.
‘I’ve had a f#c$^*g gut-full – I’m going to self-publish now – let’s get it going.’
Our first step with this book was to get our senior editor to do an editing assessment – a quick read-through of a chapter or two and give a professional opinion on the writing and how it might be improved. The book was good but suffered from some relatively minor but frequent issues. These seemed to spoil the reader experience. The errors although minor were a little jarring. We suggested a low level edit of the book.
Her response;
‘my words are special – no-one’s going to touch them – I used to be an editor myself you know.’
‘I don’t want anyone meddling with my words – its my voice’.
Its remarkable how often we hear these very words. They possibly reveal why the traditional publishing company in Melbourne ‘dropped’ her. Perhaps she was unwilling for her work to be edited. I’ve never gotten to the bottom of it.
So the book was dutifully published. At the book launch someone in the audience pointed out a typo on page 123. The book died a swift natural death. The little foxes spoil the vines.
Jake was 29 years old, a university drop-out and after working most of his adult life as a barista and in tourism, then building simple websites, had launched his own company. He gained a license from a German company to sell their software products into Australia and New Zealand. He lived in northern NSW in a trendy seaside town loaded with nouveau riche and old-money and was busy recruiting staff who would help him customise the software for Aussie users. He’d started to turn a serious dollar and the value of his new car although leased, would have been enough to buy a modest apartment on the far outskirts of Adelaide.
He was focussed on using his book as a business lever. He wanted the book to be picked up by IT professionals and entrepreneurs seeking a software solution in a narrow market niche. He was unknown. And the book would get him noticed. He could write and did have something new to say. At very least he could give away his book to corporate software buyers and other influencers. He also wanted to get conference speaking gigs. This was an ideal self-publishing scenario for Green Hill – he was an author who was intelligent, capable, focussed, well funded and strategic.
One ‘small’ issue. He wanted the production values of his book to be top-notch.
‘The book needs to be hardback, full colour, I want the cover to be silver, because silver means wealth and gold foil because that’s big among the Chinese’ he said.
‘Inside I want transparent paper on a few pages, and die-cutting on the cover. Can the corners of the book be rounded? Can I get the edges of the book printed? I’ve seen that on a cookbook,’
‘And I want to be photographed… I’m going to Frankfurt, and want a photo there at the river as a backdrop’ he enthused.
You get the idea. Marshall McLuhan in his iconic work The Medium is the Massage (sic) a few decades ago, brought the theory of “media is the message” to a receptive world audience.
If you have a quality product you need a fancy book… right? You need a quality print job… right? If you have an innovative product you need a crazy innovate book… right? The Medium is The Massage had pages of text in reverse that could only be read in a mirror.
Wrong*. That’s ‘wrong’ full-stop.
Jakes’ book was quoted at $135 per copy for a short-run print. The price made it unsalable and the print method made it unmarketable. He printed just 100 copies and the response to the book was poor. He’s still got 75 copies in his garage.
Not surprisingly Jake is a success. The 75 copies are stacked next to the Porsche. But his book didn’t help at all. Often authors go overboard on print in an attempt to bring an impressive book to market. Often sophisticated readers will question glossy book printing wondering ‘what’s the author trying to hide?’ or ‘its all smoke and mirrors, does the book and author have any substance?’*
We’ve developed our own success hierarchy in this respect starting from the top in order of importance:
Another way of viewing this is a successful book is built upon the foundation of the book concept and the quality of its writing. Self-publishing success looks much like this:
* Footnote: If your book features art, photography, fashion, a cookbook or anything that fits the classic coffee-table book mode, then high production values are justified or even essential.
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
In just a quick 8,000 words, this little book will equip you with the knowledge you need to successfully publish your book.
The Little Book of Big Publishing tips goes into the essentials of self-publishing a book, outlining the business and financial side of publishing, legal issues, design, editing, sales and marketing. There's even a section on how to identify a vanity-publishing scam.