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Five Reasons to Self-Publish Your Own Book
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Every March, book people across the country celebrate Small Press Month. While
the term "small press" can refer to a modest-sized publishing company with
multiple titles from various authors, it most often applies to self-published
authors.
That's another term that is subject to interpretation: "self-publish." In the old days it was considered something you were forced to do if you couldn't get a "traditional" publisher to put out your book. These days, however, self-publishing is a different ballgame. But many aspiring authors I meet still wrestle with that old stigma.
Another comment I often hear: "I know that self-publishing is an option I should consider, but it will take so much time, effort and money. I think I may be better off looking for an agent or a publishing company to put out my book."
True. Self-publishing a book does take time and effort. But so will preparing a book proposal and hunting down the right agent or publishing company ― especially one that will send you something other than a rejection slip.
And with short-run digital printing (also known as "print on demand"), producing your own book doesn't have to be expensive. You can print your first run of perfect-bound paperback books for as little as a couple hundred dollars.
As you may have guessed, I'm a big proponent of self-publishing. So, if you're at that stage where you're trying to decide between traditional and self-publishing, please consider my "Five Reasons to Self-Publish Your Own Book":
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1. You set the timetable. Big publishers can take from one year
to 18 months or more to get a new book out. When you self- publish, your
book can be out in a matter of weeks or months. Also, traditional publishers
will only put a promotional push behind a book for a short window (perhaps
three or four months). A self-published book can be aggressively marketed by
its author for years on end.
2. It's a great way to test market a new title. If you have a
cool idea for a book, wouldn't you rather get an early version of it out
into the marketplace to see if it has legs? Or would you prefer to spend a
lot of time writing proposals and researching who might me interested in
helping you publish it? Personally, I'm most eager to see if my ideas
resonate with actual consumers.
3. You can still reach the masses. Most aspiring authors
believe that a publisher will get them into bookstores and other sales
outlets, and that as a self-published author they'll be hamstrung with
limited sales options. The truth: Many established publishers do have
developed sales pipelines through which they promote their titles. That can
be an advantage, but it doesn't guarantee your book will be widely available
in bookstores. Today, using Amazon's Advantage program and a POD service
like Lightning Source (which gets your book listed with Ingram, the world's
largest wholesale book distributor), you can tap into many of the same sales
channels as the traditional publishers.
4. There's more profit potential. If you sold 500 copies of
your self-published book directly to readers for $20 each (assuming your
printing cost per book was $3), you'd make $8,500 in profit. To make that
same $8,500 in royalties from a standard publishing contract, your publisher
would have to sell more than 5,000 copies. In other words, you can make the
same amount of money selling one-tenth the number of books.
5. It gets you into the game. Even if you some day want to have a traditional publisher handle the printing and sales of your title, I still believe self-publishing is the best first step. You learn more about the process, get feedback directly from readers, acquire a first-hand understanding of marketing, and more. And if you achieve some small-scale success with your self-published book, you'll be in a much better position to get the attention of a major publisher. Perhaps, they'll even pursue you. And wouldn't that be a nice position to be in?
I encourage you to look over these reasons again and strongly consider putting out your next book yourself!
Baker Bob Baker is the author of "Unleash the Artist Within," "Guerrilla Music Marketing Handbook" and "Branding Yourself Online." Get FREE access to Bob's collection of inspiring articles for writers, authors and book publishers at http://FullTimeAuthor.com/ and visit http://Bob-Baker.com/ for more info on his books. (This column first appeared in the St. Louis Publisher's Association newsletter.)
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