If you haven’t guessed, I’m just going to go ahead and tell you. I like collecting comic books. I admit it is a stupid hobby. It is stupid because it is, essentially, a hobby that involves throwing as much money as you can into a hole. That’s fine and all, but some of the books I want are really expensive. Maybe I’ll talk about my top ten list later, but the purpose of this post is to talk about why I won’t be buying any comics for the foreseeable future.
I had been eyeing three (read four) comics specifically: Daredevil #1, Hulk #181, and Amazing Spider-man #121 & #122. I was pretty sure I was going to buy one of them. But because I’m semi-responsible I decided to do a bit of calculating on what my books are costing me to produce. I don’t think I’ll be buying one anytime soon.
So, being that I like spreadsheets, and that you can’t run a business without knowing your costs, I just updated my spreadsheet. It came out at about what I was expecting. I had wanted to spend approximately $500 or less to produce each book. Right now, without advertising, Kill It With Magic has cost me $400.82. That is not including overhead costs (hosting, blog domain names) of $47.80.
Hatter is Mad so far has cost me $104.77 and Fairy Tale has cost me $92.82 for the editing deposits. Hatter has another expected cash outlay in December 2014 of $92.82 for editing, while the balance on Fairy Tale is expected in February 2015.
So, what are these costs, and how do they break down? I’m glad you asked because this is going to be a highly technical post.
For Kill It With Magic:
- Cover from Fiverr.com – $15
- It was the punk girl cover I wound up not using.
- This was a wasted expense
- Domain name – $11.95
- Editing – $243.88
- This is based on a word count of 67K words at $3.50 per 1,000 words
- This included proof reading
- Final Book Cover – $50
- My friend did the cover for me for $50.
- He still refuses to take payment
- Formatting Epub, Mobi, Createspace – $80
- This is something I went back and forth on. I decided I don’t want to deal with createspace formatting at all.
- Createspace formatting was $50
- To add Epub and Mobi was $30
So, do I think I’ll be able to make back the cost of $400.82? I hope so, but realistically that’s something like ~200 books at $2.99, less at $3.99. If by this time next year, when I have several books out, I haven’t sold 200 books. I’m going to be in trouble.