If you’ve done your planning (Will becoming an author improve your credibility?) and started writing your book (How to write a book),
you’ll need to think about publishing. There are a number of options:
1. Get a publishing house interested and get a contract
2. Self-publish
3. Publish it as an ebook and sell it online
2. Self-publish
3. Publish it as an ebook and sell it online
There are pros and cons to all these. Let’s take a look at
the realities of these publishing methods.
Finding a publisher
This is most writers’ dream. Get a publishing contract and then sit back and wait for the royalties to roll in! Most people have heard of rejection slips and although there are things you can do to improve your chances of success, book contracts are still not easy to come by and require the hide of a rhino and buckets of persistence.
This is most writers’ dream. Get a publishing contract and then sit back and wait for the royalties to roll in! Most people have heard of rejection slips and although there are things you can do to improve your chances of success, book contracts are still not easy to come by and require the hide of a rhino and buckets of persistence.
The first step is to know what a potential publisher will
want to see in your submission. Most don’t want your entire manuscript – just a
couple of chapters – but they will want you to have a clear idea of who your
competition are and what your book offers that is new or different. Anything
that is totally unique is unlikely to hit the target as the market has not been
proven and book publishers are cagey about breaking new ground!
Find out which publishers publish books in the genre you’re
writing in – Mills and Boon won’t be interested in a Horror story or a
self-help book. Take a look at the publisher’s current catalogue and approach
those who publish your genre, but haven’t published anything close to your
niche subject in the last year or so. They are more likely to be interested if
it fits their profile and they’re not competing with their own existing titles.
Advances are not unheard of, but less common with so many
people writing books, so don’t count on it. A publisher will edit the book for
you and do the cover design and layout. However, the marketing effort they put
in is minimal for all but established authors or celebrities.
This means that if you want to become a best seller you'll need to get stuck into a marketing campaign and make as much effort as you would if you self-publish
What will you make from each book sold? Between 7.5% and
10% of net sales. In other words, not very much.
Self-publishing
There are dozens of self-publishing houses, AuthorHouse, Shaking Tent, iUniverse, Trafford, Summertime, and many more. They all offer different packages and deals and you need to investigate what’s on offer before you make your choice.
There are dozens of self-publishing houses, AuthorHouse, Shaking Tent, iUniverse, Trafford, Summertime, and many more. They all offer different packages and deals and you need to investigate what’s on offer before you make your choice.
Many self-publishing services are digital and offer print on
demand (POD), which means you can have one book or 1,000 (or any other amount).
You pay the same per copy regardless of the quantity as each book is published
digitally. This is great if you don’t have a garage or spare bedroom to keep
large quantities of books in, but, if you are planning on selling a lot of
books it’s not the most cost effective way to print. Once you are printing more
than 500 you probably need to look into offset litho printing. It’s much more
cost effective.
They usually provide an ISBN number for your book so it can
be listed. If you want the high street bookshops to stock it you’ll need to
find out if your chosen self-publishing house offers distribution through the
big book wholesalers (Gardners and Bertrams in the UK).
Just because you are self-publishing, doesn’t mean it
doesn’t need to be professional. If you want to build a good reputation you’ll
need to invest a good editor. Typically, self-publishing houses don’t offer
editing services, they will publish anything you give them.
Don’t fall into the trap of getting a friend to edit your
book – there’s a lot more to editing than simply proof reading for spelling,
punctuation and grammar.
A good editor will charge anything between £15-£100 per 1000
words, depending on the quality of the raw material and the expertise of the
editor. Most books go through at least two edits and a final proof read so, if
your book is a modest 50,000 words you’ll be looking at somewhere in the region
of £2,500 to get it edited.
Your revenue per copy vary depending on the self-publishing
house you choose – but it’s likely to be much more than 12.5% and you have
control.
Ebooks
In today’s digital world you can get your book converted to e-format, either as a pdf document or in Kindle format. You can sell pdf books on Amazon (they invented the Kindle) as well as on your own website. There are other websites that specialise in ebooks too.
In today’s digital world you can get your book converted to e-format, either as a pdf document or in Kindle format. You can sell pdf books on Amazon (they invented the Kindle) as well as on your own website. There are other websites that specialise in ebooks too.
The challenge is for those people who like to have a ‘real’
book in their hands. You are much less likely to sell to them in digital
format, but more and more people are getting to grips with the advantages of reading on an electronic device.
Just because it’s an ebook, doesn’t mean it doesn’t need to
be professional. Everything that applies to self-publishing applies to ebooks –
you need a budget for editing, the graphics and maybe a template for your page
layout.
What’s your return on this investment? If you sell it on your own website you get to keep all the revenue. If you sell it on Amazon, they get to keep a chunk, but you get the advantage of having readers leaving you testimonials and being on a site where a lot of readers visit. Amazon have a publishing package for both paperback and ebook formats - read all their terms and conditions before deciding to to take the plunge.
With a good marketing campaign you can make considerably more than you would
with the same amount of effort when you have a book contract with a publisher.
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