You can spend a great deal of money with self publishing but you can not be so sure of the profit. That's why it's high-risk. But come to think of it, all things are a risk. Risk is a component of success. There are plenty of good things about self publishing. At most, it gives you exclusive control of your book - its distribution, profits and nearly everything else. From experience, we fully understand that getting a book accomplished isn't easy, but then immediately after that we find out that looking for a good book cover is also as tough. Have a look at book coverr for expert aid!
It is true that traditional publishing is only going to give authors 5-10% of the sales. But in self-publishing, you can boost the profit to as much as 50 %. The downside is that there will be a must subsidize everything. Needless to say, this entails a lot of risks. By this, I mean, you cant make certain that you'll get most of what you have put in capital.
Not all book sellers buy books directly from the author so you may require the services of a distributor. You may not get your target 50% targeted profit since the author will have to get discounts to the distributor and booksellers. If the book doesn't sell that much, that could be another issue. Apart from less profit, some bookstores would return the book and ask for a refund. Some self-publishers would draw up a contract that would not permit returns and refund, in a special price of course. Competition can be tough. Readers would not conveniently buy your book. You will need to give them a reason to get your book over books with the same topic. Marketing and publicity might be a key. And you would have to spend on that, too.
They say that a book is sort of a writer's own child. Knowing this, it can be difficult for you to criticize your kid. Because authors would have to do everything, editing included, it's not easy to be objective at all times. If there are parts that are certainly not exactly very important, the writer may be unable to delete it. The author will have an inclination to be biased and not delete the parts that are not at all significant. Editors are often assigned to do this. But if an author is his own editor, then there might be biases.
The author's reputation may also be put on the line. Not all readers regard self published books highly. In their line of thinking, self published books are not satisfactory because it has not been recognized by major publishing companies.
With self publishing, you gotta do everything in your own hands. If you compare it with traditional publishing, self publishing will not give you the possiblity to work with editors, layout artists, cover artists, etc. But in self-publishing you would have to handle all of this, if you cannot do it all, you have the option to get or hire somebody who can. This will, of course, cost some money. Deciding on outsource will just give you extra work to do since you have to see if they meet your standards.
It is true that traditional publishing is only going to give authors 5-10% of the sales. But in self-publishing, you can boost the profit to as much as 50 %. The downside is that there will be a must subsidize everything. Needless to say, this entails a lot of risks. By this, I mean, you cant make certain that you'll get most of what you have put in capital.
Not all book sellers buy books directly from the author so you may require the services of a distributor. You may not get your target 50% targeted profit since the author will have to get discounts to the distributor and booksellers. If the book doesn't sell that much, that could be another issue. Apart from less profit, some bookstores would return the book and ask for a refund. Some self-publishers would draw up a contract that would not permit returns and refund, in a special price of course. Competition can be tough. Readers would not conveniently buy your book. You will need to give them a reason to get your book over books with the same topic. Marketing and publicity might be a key. And you would have to spend on that, too.
They say that a book is sort of a writer's own child. Knowing this, it can be difficult for you to criticize your kid. Because authors would have to do everything, editing included, it's not easy to be objective at all times. If there are parts that are certainly not exactly very important, the writer may be unable to delete it. The author will have an inclination to be biased and not delete the parts that are not at all significant. Editors are often assigned to do this. But if an author is his own editor, then there might be biases.
The author's reputation may also be put on the line. Not all readers regard self published books highly. In their line of thinking, self published books are not satisfactory because it has not been recognized by major publishing companies.
With self publishing, you gotta do everything in your own hands. If you compare it with traditional publishing, self publishing will not give you the possiblity to work with editors, layout artists, cover artists, etc. But in self-publishing you would have to handle all of this, if you cannot do it all, you have the option to get or hire somebody who can. This will, of course, cost some money. Deciding on outsource will just give you extra work to do since you have to see if they meet your standards.
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