In my previous post, I talked about eBook publishing for beginners. Self-publishing an eBook is a great way to make side income. Then again, so is going through the traditional publishing process.
To help you decide which platform is right for you, I’ve compiled a brief list of reasons to go with one or the other.
Here are the pros and cons of tradional and self-publishing.
Traditional publishing has been around for a long time, meaning its methods are tried and true. Yet there are definitely aspects of this process that can be a turn off for some people.
Here are the pros and cons of traditional publishing.
No money upfront
From the editing to the cover art to the marketing, you won’t have to spend a dime out of pocket if you don’t want to.
Most authors who are traditionally published will see their novels hit shelves at some time or another. This is especially true of the Big Five Publishers.
Many book consumers automatically associate the traditional publishing platform with higher quality novels.
If your novel or book is not projected to do well, the publisher may not do as much marketing as you want them to. In that case, the task will fall to you.
Traditionally published authors earn from 5% – 10% royalties on hard copies and only 20% on eBooks.
When you take the traditional publishing route, you will have very little control over the book cover, the synopsis, and the way the publisher wants to market your book.
Self-publishing has exploded since the introduction of platforms like Amazon’s Kindle Direct Publishing and is an ideal path for those who want to start and online business. Since this platform is so new, though, it still has a few kinks to work out that may make this process a hard pass.
Here are the pros and cons of self-publishing.
You get total control over everything when you self-publish, from the book cover to the blurbs to every single word that ends up on the page.
Self-published authors earn 100% royalties on hard copies and up to 70% royalties on eBooks.
Self-publishing has exploded and, since it is a growing market, you can easily stand out with a high quality, well-written novel or book.
A huge investment
When you decide to self-publish, you’re choosing to make your book a business. You will pay for the editing, the cover art, the marketing, the bind up, and so much more.
It takes a lot of networking and finger-crossing to get your books into bookstores if you aren’t going the traditional publishing route.
Perceived low quality
Wrong though they may be, consumers tend to treat self-published novels with more skepticism and criticism.
So there you have it! Leave a comment and let me know which platform you want to go with and why? Happy writing!