How Much Does It Cost To Publish Magazine?

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Author Topic: How Much Does It Cost To Publish Magazine?  (Read 1772 views)
skima (m)
How Much Does It Cost To Publish Magazine?
« on: January 29, 2007, 03:13 PM »

Hello house,

I wish to go into magazine publishing as i have an idea to lunch into the industry soon. Am very sure we have great minds in this forum and also i think there could be some people who are into it or have done it before.

I want you guy to give me breakdown or total cost of what it will take.

Thanks Guys!
TerraCotta (m)
Re: How Much Does It Cost To Publish Magazine
« #1 on: January 30, 2007, 03:20 AM »

Can't give you prices in naira, but you should estimate that it takes 3 to 5 years to become profitable, and that print publishing is something of a dying business. Whatever your business model is, I'd suggest that you seriously develop an Internet presence. Nigeria might not be there yet with Internet ubiquity, but you should be prepared for the future of the publishing industry.
akinalabi (m)
Re: How Much Does It Cost To Publish Magazine
« #2 on: January 30, 2007, 04:17 AM »

Hi,

I'll have to disagree with TerraCotta

3-5 years to become profitable? Joke of the century. Don't
tell that to Sunny Obazu Ojeagbase or Ibe Kachikwu

Print publishing is dying? My goodness! Don't tell that
to Dele Momodu or Nduka Obaigbena.

Despite the phenomenal growth of the internet, nothing
beats holding a quality magazine and curling up on a
couch.

Back to the crux of the matter.

There are many factors you should consider that will
determine the cost.

- Number of copies you want to print
- Printing material types you want to use (gsm weight for example)
- Type of graphic design you desire
- Staff hiring
- Cost of getting stories
- Other logistics

And many many more.

You're the only one that has the answer. From there
you'll determine your cost

I've been involved with the publishing of a magazine
starting from ground zero and it became profitable
from the first issue despite the fact that there were
no external ads.

As Sunny Obazu Ojeagbase once said, if you can't
profit or break even without advertising revenue, then
don't do it.

All the best.

Akin Alabi
http://akinalabi.blogspot.com
http://www.ecashnigeria.com

=
=

skima (m)
Re: How Much Does It Cost To Publish Magazine
« #3 on: January 30, 2007, 03:13 PM »

Yea
Great comment from you guys.

All this will be included in the business plan and analysis. Meanwhile, internet presence is also an area where we will focus our attention.
ajayi1 (m)
Re: How Much Does It Cost To Publish Magazine
« #4 on: January 30, 2007, 03:41 PM »

Men to say th fact it takes time and money, The last time I printed best colour mag. out of 1000 co-ies dey charge me 250k. I do design my self. It is true before you get your money back it takes time. your first publish will not bring you profit, you will sacrifies that.

Need more advise,  contact me
tosynn
Re: How Much Does It Cost To Publish Magazine
« #5 on: October 06, 2008, 12:01 AM »

hello everyone
 I need serious help on starting a new magazine,  any help would be greatly appreciated,  pls u can mail me on phemioye@yahoo.com, or call 08020715279 Smiley
CAROLINAg
Re: How Much Does It Cost To Publish Magazine?
« #6 on: March 14, 2009, 10:25 AM »

Im seriously loving some of the advice from you guys! Im about to start a magazine and i need lots of information. I hope the best to this guy requesting to know the costs, this will also help me as well my E-mail is carolina_bonita@yahoo.com
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