Book publishing has changed over the years. Earlier, agents had to be hired for approaching publishing companies and get your manuscripts approved for publication. With the advent of the digital era and self-publishing platforms, the problems experienced by you as an author have been alleviated to a great extent.
When you choose to self-publish a book, you no longer need the intervention of the traditional publishing house. Only on Amazon, Google Books or similar accounts is needed with a popular online publisher.
With all the hassles removed in the process of getting a book published, you now just need to follow a few fundamental steps.
Establish the objective of publishing the book, prepare your manuscript, seek reviews and feedbacks from authoritative literary persons, finalize the book’s title, get your manuscript edited and cover designed by a professional, and you are all set to go.
You need to open an account in Kindle Direct Publishing where your formatted book will be uploaded along with assets. Decide a suitable price for the book and self-publish your work.
When you would become an accomplished self-publishing author, you can confidently turn down offers from traditional publishers. You just need to take the right strategic decisions that can land you significant benefits without wasting your precious time.
Anyone can self-publish on an independent online platform without experiencing any obstacle. In traditional publishing, you are required to query different book publishers, get hold of a credible agent, and then have your manuscript published.
Cost of Self-Publishing Book
The production cost would depend on a number of factors. These include:
- Book’s length which would matter when printing
- Hiring charges of a professional editor and cover designer
- Amount spent on promotional activities
- Other incidental costs
Self-published authors exercise complete control over books’ rights. As book prices are low, authors can enjoy more profits. Authors can reach out to larger audiences by availing of the distribution facilities of Amazon as well as other online stores.
On the flip side, authors need to do all the work by themselves. These include purchasing ISBN, cover designing, text editing, listing with online distributors etc. Start-up expenses can be more if you have to hire the services of professional designers or editors. Revising the content of hard copy can be costlier if unsold books are still left.
When your book is published by a renowned press, your work gets to enjoy credibility from the start. You get to enjoy a large distribution channel. Your book can feature on shelves of leading bookstores.
On the flip side, if your book doesn’t make it to the list of bestsellers, you may get a royalty of approx. $1 for every sold piece. The advance paid for your book averages in the range of $5000-$10000. Once the publisher earns that, it starts paying you royalty. You will not enjoy complete control over your book and may not be even allowed to sell eBooks by publisher.
Self-publishing definitely has a competitive advantage over traditional publishing. Why should you give up the rights to your book for earning peanuts for every piece that sells? If you invest the same amount of time and energy in self-publishing your book, you can earn rich dividends. Also, by availing support from reputed companies for ebook conversion, ensure that you can prepare your book for distribution through multiple online bookstores. Think judiciously before finalizing your act.