| Types of Book Publishing in Chronological Order of Introduction into Industry » |
TRADITIONAL ACQUISITIONS PUBLISHER |
VANITY PUBLISHER (Vantage, Dorance, etc) | INDEPENDENT or SELF-PUBLISHER |
POD (Print on Demand) (Printer Not Publisher) |
POD FACILITATORS (In essence POD Publishers) |
INVESTMENT |
Publisher Pays You an Advance Advance based on % of expected book sales (5-15% of wholesale price)
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$10-$25,000 Minimal quality Press Makes No Promises & Costs Are Inflated (Read the fine print)
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$4-$15,000 (2-5000 copies) PLUS inventory storage, returned copies, marketing/PR You Keep Larger % of Profits |
$500-$2,000 NO inventory control woes or unsold books AND you keep profits
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$1,000 NO inventory control woes or unsold books & You Share Profits (Royalty % varies)
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| CREATIVE & PRODUCTION RESPONSIBILITIES | Publisher has All Creative Control From editing & proofing to cover & text design |
Presses do some, all, or none of these tasks: administrative duties, editing, text layout, cover design |
Author has All Creative Control (do work or subcontract it out) |
Author has All Creative Control (do work or subcontract it out) |
Author does editing Facilitator does cover design & text layout |
| MARKETING RESPONSIBILITIES | All Marketing & Distribution AND review galleys & marketing/PR. Dollars spent depend on author & book viability Book dies unless author does the promoting |
In most cases, marketing/PR & distribution are done by the author |
All Marketing Control (do work or subcontract it out) Author invests what the budget & time allow on marketing/PR |
You do it all from production to marketing, just like a Publisher or Self-Publisher |
Company promises a great deal, but the only real marketing benefit is listing in their database & in Books in Print (Some have distribution channels)
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| ONGOING COSTS | Discounts used as purchaser incentives |
Buy inventory as needed Often at full retail or short discount |
Whatever you spend for marketing and distribution |
$5-$15 Per Book Unit for POD copies; marketing & distribution |
Buy inventory as needed, typically with only a short discount |
| JUST GIVE ME THE BOTTOM LINE PLEASE |
PRESTIGE of being a REAL author BUT you must still market & promote at your own expense unless you are a major author |
NO Credibility in Publishing Industry Significant investment up front with mediocre product quality & little or no help with distribution & marketing (Read the fine print) |
Significant investment up front of money, time & administrative duties BUT you have complete creative control AND you keep all profits or suffer the losses |
Lower Start-Up & Higher Per Unit Cost (for POD) (do work or subcontract it out) BUT no big inventory AND you keep the profits AND Bookstores will not stock them!! |
Company handles all administrative duties; you get generic product (rights are retained by some facilitators in the contract) AND Bookstores will not stock them!! |
THE BOOK CONNECTION
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