PUBLISHING BASICS
[Pages:1]PUBLISHING BASICS
TRADITIONAL PUBLISHER
They choose you via a book proposal Shoulders all costs Creates the book interior layout and book cover May/may not pay an advance Pays royalties varying from 6%-15% Little to no control of your book Publication can take 1-2 years
SELF-PUBLISHING COMPANY
You hire them to publish your book You pay all costs Creates the book interior layout and book cover No advance Pays varying royalty percentages Little to no control of your book Average 3-6 months
INDEPENDENT PUBLISHING
You are responsible for all aspects
You pay all costs You create the interior and book cover or hire someone No advance 100% of the royalties come to you 100% control of your book
1 day, once you have a completed cover and book interior files
TRADITIONAL PUBLISHER
$15 x .08 = $1.20 royalty/book
Royalty Example
SELF-PUBLISHING COMPANY
$15 x .20 = $3.00 royalty/book
INDEPENDENT PUBLISHING
$15 x .6 less fees & print cost = $5.75
Hybrid publishers are a combination between traditional and self-publishing. They pay a royalty, but may not pay that royalty until book sales have reached a certain sales threshold. Usually no upfront fees. They may pay a higher royalty than traditional publishers because they are first getting their investment back in sales before paying any royalties to you.
As you consider each option, remember to subtract any upfront investment in your book to determine just how many books you'll have to sell to recoup that investment and begin to make a profit.
Example based on a book 5x8, 200 pages
? The Motivational Editor
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