Question

Completely and thoroughly explain Total Equipment Costs were determined by any company in the Book Publishing Industry for the purpose of establishing a reasonable selling price for one or more of their Books.

Answer 1

Throughout the process, Publishing is just like any other business so basically, you have to first invest in your project to consume that consumer will want to get it or buy it. If one is starting with zero investment this isn't going to land on success line so prepare the funds before you start with the project. So, it will be much expensive to do a self publish the book rather than publishing it depending on the industry's/company's.

Publishing a book by one's own(self) then the whole investment will be totally on us one must take whole investment on his own. And the other best way to publish your book is another way which is looking for a publisher then he will be the one who will be taking care of a bunch of things which are needed to be taken care whereas the agreement between the owner of the book and the publisher be like the profit must be shared at some percentage with the publisher. A bit of control also will be handled to publishers over the book. All the financial things will be taken care of.

Costs should be noted by Author:

The out cover:

The author must take the cover charges for the design and print accordingly which varies according to the design and pattern. The cover says how the book is. The first impression of the book.

Format of the pages:

The written format must be selected and the author needs to take the format of the pages charges too which varies according to the style he chose.

A professional Edit:

The author must not be pretty good in the way he scripts whereas the professional editor might help to beautifully present the author's view in a book that makes standards and makes the one involved in it completely when one is reading the book.

Costs vary from the one the author choose like:

• Copy editors.
• Development editors and grammar editors and so on.

The author can even hire multiple editors whereas the cost will be calculated per word.

Whereas if you are going with a publisher you no need to worry about the editor whereas the particular publishing department will always handle it. But also it depends if the author still wants to hire an editor he can do that too.

Legal Copyright:

The publisher will take care of the copyright charges which comes after the book is ready with set to go. Getting legal copyright on the book takes time of about 3-6 months.

The important stage-Publishing:

A lot of platforms to publish a book publishing costs will come into the scene.

Printing

Printing price depends on printers, styles, and so on.

The publishing company includes the sales, marketing team which will make a marketing publicity international rights decides how to publish and what to publish accordingly a total figure. In publishing one book there are multiple groups that get involved like sales group, marketing group, and so on to reach success. In total it may take a year to do the whole process from taking a manuscript to make a perfect book facing all the challenges starting with the editing and rechecking to make no mistakes found when checked.

Costs which publisher takes care:

1. Design department: Assigning the design of the cover to the concerned department and the costs will be taken care of by publishers. Once it's designed and approved by published goes to the author.
2. Sales Team
3. Marketing handling system(Publishers decide how much to put money in marketing putting all together into P&L's to make the initial costings)
4. Final production pdf(going to be a physical book)
5. Digital publisher(digital merchandise)
6. Providing it to libraries or linking book stores and publishing physical books.
7. Television/radio marketing advertisements.

All the above matters to figure out the price of one book or multiple book.