Publishing III (Business Practices) -
BWR303
Learn the business side of publishing, including costing, resource management, risk and managing writers and distribution.
Course Fee€608.00
Statement of Attainment100 hours7 lessons
7 LessonsAbout this course
This course covers how publishing decisions actually get made, from choosing what to publish through to planning, costing and resourcing a new publication. You will study risk management, including legal and financial risks, and how to manage writers, illustrators and the production and distribution process. Suitable for those aiming to manage or run a publishing operation.
In Detail
Publishing Online Course
Every publisher will answer the same question, but in a different way:
“What to publish?”
Some establish a limited repertoire of publication activities, focusing on academic books, novels, westerns, romance novels, text and educational books, informative or self-help books or material on specific topics such as health and wellbeing, ostrich farming etc., fashion or gardening magazines, music scores etc.
Other publishers will engage in a wider range of activities, publishing books, journals, monographs and newspapers in their different branches. The nature of the publishing enterprise will determine what kinds of texts they will publish, and how they choose which texts to publish.
All publishers share one thing in common though: that being their primary concern is to maintain a viable business operation. This course focuses on the Business side of publishing.
Publishing enterprises include small book publishers and large publishing houses, magazine publishers, desktop publishers, e-zine publishers, self-publishing enterprises, and non-profit organisations involved in publishing, such as universities, galleries, professional bodies, community groups.
All of these publishers follow a similar 6 step cycle in producing their work:
Writing or commissioning the document (for commissioned works); accepting a manuscript for publication
Editing and proofreading
Designing the document and preparing artwork
Typesetting
Printing
Marketing and distributing the publication.
While a production manager generally oversees this production process, a publisher will oversee that person and others controlling the spending and ensuring each project remains viable.
This course will help you understand these and other business requirements and practices in the publishing industry.
COURSE CONTENT
There are seven lessons in this module/course as follows:
1. What to publish?
Nature of publishing enterprises
Deciding what to publish
Commissioned work
Uncommissioned manuscripts and proposals
Factors influencing the decision of what to publish: Genre or type of writing, News value,
Storyline, Cost and profit potential, perceived need
Guidelines for writers
2. Planning a New Publication
The publication plan
Publication process
Editing and proofreading
Designing the document and preparing the art work
Typesetting, printing, desktop publishing
3. Costing a New Publication
Cost components: Staff, Production resources, printing, quantity, distribution, etc
Why some publications fail
Sponsorship
Creation costs
Production costs
Marketing costs
Distribution costs
How royalties work
Income sources
How to prepare a budget
Collecting from debtors
Cash budgets and decision making
4. Resource Management
Managing publishing
Nature of management
Different resources for different publishers
Printing: print run, binding, cover, paper, etc
Analyzing the market
Developing procedures
Developing a business plan
5. Risk Management
Legal risks
Financial risks
Sources of finance
Health issues and risks
Duty of care
Safety audits
Managing risks
6. Managing Writers
Scope and nature: publishers, writers and illustrators
Support role of literary agents
Support role of publishing staff
Photo libraries
Copyright free material
Benefits an author gets from a book
Style: variations, page set up, formatting etc
Guide to good writing
7. Managing Production and Distribution
Timing production and distribution
Quality control during production
Quality control during distribution
Marketing and distributing a publication
Sales procedure
Managing the marketing process: step by step
Merchandising
Publicity and public relations
Managing distribution
Distribution channels: retail sales, direct sales
Physical transportation and stock control
Remaindering stock
DURATION 100 hours
WHAT YOU MAY DO IN THIS COURSE
Some of the activities you will be required to do in this course are:
Research the kinds and styles of works produced by three different book publishers;
List market research strategies that a publisher might use to decide which proposal to develop;
Research the percentage of publication given to advertising and graphics in three e-zines or books;
List the information that a publisher might want to research before either (i) commissioning a new children’s book (choose the topic), or (ii) starting up a new magazine aimed at 8-12 year old children
Investigate the costs involved in cash and/or in resources in producing a particular publication
Write up a budget for the publishing of one issue of a local newsletter in two colours
Identify factors that contribute the very different retail prices of books and magazines
Prepare a draft business plan for a publishing business of your choice.
Investigate insurance policies that would be relevant to the publishing industry
Define publishers’ responsibility in regards to copyright
Explain how a publisher would find a freelance writer and the process for contracting them
Briefly explain the importance of a photo library.
Track the process of a best seller and collect information on the marketing/advertising/selling process
Write different procedures which would be relevant to management of the production and distribution of a new e-zine, new magazine or new industry newsletter.
What Resources are Needed to be a Publisher
The good news is that almost anyone can be a publisher today, at least on the internet. If you are prepared to work hard, and multi task; it is much less costly to get a start, than what it was in the past. Here is some of what might be needed though:
Staff
What staff will be required during the production stages?
specialist writers
editors and proofreaders
photographers, illustrators, graphic designers, desktop publishers
web designers
admin staff
Production Resources
What specialised equipment is required?
technical equipment – computers, printers
access to photo libraries and research facilities
Printing
Will offshore or local printers be used? Offshore may be less expensive but will take longer and incur higher freight costs.
Is colour printing required?
Marketing and distribution
warehouse or storage facilities
distribution channels
retail outlets
Materials
If the publication is a book, newspaper, magazine, journal or other printed matter, also consider the materials required:
What paper will be used?
What cover is suitable (soft or hard)?
How will it be bound?
Quantity
Market research is essential to making accurate or reasonable predictions:
What is the number of likely readers?
What is the proposed circulation?
Distribution
Distribution involves the method and points of distribution, and the quantities to be distributed:
Will the publication be sold or free?
Will it be distributed through one-off sales or subscription, or supplied with something else, such as a society membership?
Would it be better to use single or multiple distribution points?
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