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if you write a good fantasy book and it publishes, how much money could u possibly make. i've heard a lot of ideas but im really sure how it works, lol.

2007-12-15 15:38:20 · 6 answers · asked by fantasygurluver 1 in Arts & Humanities Books & Authors

6 answers

You could make zero dollars or millions depending upon your publishing deal. More likely you will settle into the lower bracket unless it is a blockbuster.
Write your synopsis and/or manuscript first. Or at the very least you need to write a couple of polished sample chapters to send to the publishers as a sample of your work while you're writing your book.

Then you need to do the basic steps:
1) Go through Writer's Market and list all agents and publishers who handle your genre.
2) Send a query letter to each listing following their submission guidelines to the letter.
***go online to their site to get their up-to-date guidelines and the current person's name to address your query.***
3) Prepare to receive reams of rejection letters and don't take them personally. They're not.
4) Don't give up.
I read an article on Steven King that mentioned he was rejected so many times that he resorted to writing magazine articles to get published.
As far as getting as getting your story noticed after it's in publication, try getting the local paper to do a story about you, get the book reviewed, etc.
Wishing you the best of luck with your writing,
Gary Anderson
YA author GAMEPLAYER: The Genesis Portal

2007-12-15 15:55:49 · answer #1 · answered by Anonymous · 1 0

You could get almost nothing if it doesn't sell to untold millions if you write the next Harry Potter. Publishers are in business to make money.

2007-12-15 15:49:58 · answer #2 · answered by hfrankmann 6 · 0 0

Self-publishing is the way to go, via Payloadz.com!

Read my blog below, you'll get more ideas on self-publishing.

2007-12-17 11:53:56 · answer #3 · answered by superscribe 4 · 0 0

Let me explain the way traditional publishing works. You get an agent to shop your book around to publishers along with a book proposal which is an important document and you NEED to learn how to write one.

By the way, you do NOT copyright your book yourself. It is considered amateur and drives publishers and agents nuts. It makes them feel you don't trust them. It will be in your contract to have the manuscript copyrighted in your name. Legit publishers and agents do not steal work. The trick is to learn how to make sure the ones you are dealing with are legit.

A smart author invests in an editor before the book goes through the query stage. At that point, you can retain rights to any and all edits made in your book. A good editor knows how to take a good novel and turn it into exactly what a publisher is looking for. Expect to pay 3-5 dollars per page based on 250 words per page, but they are worth it. An editor's magian notes can really help you get your novel in great shape. They have been down the road before. They know their stuff. They also know agents and may be able to recommend you to one. But it costs money up front.

If a publisher decides they are interested, they sign a standard book contract with you. That calls for you to receive 10% royalties from the sales of your book. 15% of your 10% goes to your agent for negotiating the deal.

The price of your book is set at 6 times the cost of production. Generally these days, with a hardcover book that comes to about $24.99. That means that for every book you sell, your share is $2.49 less 15% for your agent or roughly $2.12.

Today, it is common for a first print run of a book to be about 15,000 books. Much less isn't profitable to print. Therefore if you sell all 15,000 of your books, you stand to make $31,800. If your agent has done their job, they have gotten you an advance of 50% of your royalties or $15,900 - of course that is taxable income.

That means that when your book sells 7,501 copies, you start earning your additional $2.12 per book. But publishers aren't fools, they are businessmen. If your book does not sell 7.500 copies, you will likely be asked to return any portion of that $15,900 that is owed.

If you are smart, you take that $15,900 and plow it into marketing and promoting your book so that you sell the rest of the first print run and get the publisher to do a second or even third run - which your agent will negotiate at higher royalty rates. It takes money to make money. If you paid for an editor, you are still running behind at this point. You NEED to remember Uncle Jim's rule of publishing. Money should start flowing toward the author not away from him as it does in self publishing.

Of course, this means your royalties end up being nothing, but you are investing in your future as a novelist. Often, if you are willing to invest, you can get your publisher to contribute a similar amount. Again, this is if your agent is on the ball.

If your books do not sell and end up on the bargain tables we all see at the major book stores and I walk in and buy your book for the reduced price of 7.00, you make ZERO. Nothing.

If your publisher negotiates with one of the large wholesale clubs like Costco to sell your book for half price - or approximately $16.49 each, you take the hit. Your 10% is based on that number. Of course, you will likely sell more copies in those clubs, so it is advantageous. A good agent will work on book club deals for you.

You do not get rich on a first novel. It is very rare. If any one asks you to pay money to look at your book, they are a self publisher and you should run fast. The only things your agent may charge you for are the standard 15% plus incidentals like printing costs of copies they have to send to publishers, postage, long distance calls etc.

The 90% left goes to the printer, and the publisher. They are the ones speculating on you and that is how it works. They have to pay editorial staff, attorneys, and many other people who will be there actually "working" for your book. They do earn their share. Believe it or not.

If you go to my profile you will find I star all the Q and A on publishing and writing. Read through them and print out ones you think will help you. Many legit authors post here and do a lot to help novices learn.

----
They're, Their, There - Three Different Words.

Careful or you may wind up in my next novel.

Pax - C

2007-12-15 16:15:25 · answer #4 · answered by Persiphone_Hellecat 7 · 5 0

i read a great book by sara douglass. if your going to write like that your going to make millions. shes a great writer

2007-12-16 10:14:53 · answer #5 · answered by Dianna Rigell 1 · 0 0

depends you have to advertise so people will buy it p0robably like 0nly 100,000

2007-12-16 05:29:08 · answer #6 · answered by die for poetry 2 · 1 0

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