SELF-PUBLISHING vs TRADITIONAL PUBLISHING
Self-publishing vs traditional publishing is one of the biggest and oldest arguments in the literary industry. Everyone has different opinions as to which one is better and more beneficial.
My belief is that instead of listening to what other people think or their personal experiences (which will not be the same as yours), check out the facts and do what is best for your book, what you want to achieve and who you want to inspire.
That is why I have compiled the facts for you; pros and cons of each publishing pathway. Only you can make the decision in regards to what is best for your book.
Check them out below:
Self-publishing is where a writer self-publishes their own book through retail outlets such as Amazon, whilst independently up fronting the cost of elements involved (marketing, formatting, editing, cover design, etc.)
Let’s start with the pro’s and work our way down to the cons.
- You have total control over everything.
- Much higher royalties (book payments).
- Paid once a month. Publication is almost instant.
- Can implement changes at any time.
- Anyone can do it.
- It costs money.
- You may not break even.
- Getting discovered is not easy.
- Can be time-consuming.
- Potential to go up against crappy books.
Traditional publishing is when a publisher offers the author a contract and, in turn, prints, publishes, and sells your book through booksellers and other retailers. Yep, pretty much everything is done for you! Sounds too good to be true, right?
- Wider distribution.
- Featuring in major bookstores.
- Offering of an advance.
- You don’t have to worry about the editing, formatting and book cover.
- Endless marketing opportunities.
- No control over anything.
- Can take up to 18 months for publication.
- Paid twice a year.
- Don’t market effectively.
- Royalty rates between 6-25%.
- Don’t include you in any decisions.
- Hard to break into.
All finished. Let’s chat!
The choice is yours and your along as to what path you walk. I hope you make the right one!
Let me know if Self-publishing vs Traditional Publishing, treated you well, and if you think there is anything missing that you would like to learn about.
Hit me up in the comments, I’d love to hear from you!