You wrote (or are writing) a book, but what happens after that? Should you self publish? Do you need an agent? Do you even have a chance to land a publishing contract?
In this class, hosted on Bainbridge Island by my friends at the Bainbridge Artisan Resource Network (BARN), we’ll take an unbiased, unvarnished, fast-paced, and up-to-date look at a modern writer’s publishing options, from “Big 5” traditional publishers to small presses to self publishing (with or without the support of service companies) to “hybrid” and other emerging models.
Taught by a publishing professional who works on and appreciates both sides of the publishing fence, this class gets past the hype and examines pros and cons of each choice, realistic costs and income potential, as well as scams and pitfalls to avoid. Most importantly, it helps writers seeking publication understand their own goals, strengths, and how to make a decision that’s best for them.
17. 1. A focus on the bottom line
2. High quality publishing
18. 1. A focus on the bottom line
2. High quality
3. Wants existing author platform
19. 1. A focus on the bottom line
2. High quality
3. Wants existing author platform
4. Stable company, high staff turnover
20. 1. A focus on the bottom line
2. High quality
3. Wants existing author platform
4. Stable company, high staff turnover
5. 12-18 months to publication
23. (The Other Big Question)
How do authors make money from their
books?
24. Paper Book:
Retailer: 50%
Author: 10-15% hardcover; 7.5% paperback
Publisher: 35-42%
◦ Includes hard costs of paper, printing, binding, shipping,
and storing
Ebook:
Retailer: 30%
Author: 17.5% (25% of net)
Publisher: 52.5%
Note: These are averages for comparison only. Specific contracts
may vary.
25. Hardcover: $24.00
Retailer: $12.00
Author: $3.00 (minus $.45 agent commission)
Publisher: $9.00
◦ Includes hard costs of paper, printing, binding, shipping,
and storing: $3-5
Ebook: $9.99
Retailer: $2.99
Author: $1.75
Publisher: $5.25
Note: These are averages for comparison only. Specific contracts
may vary.
26. 6. Requires agents
7. Makes money selling books to readers
8. Higher sales expectations, higher advances
27. 6. Requires agents
7. Makes money selling books to readers
8. Higher sales expectations, higher advances
9. Publisher has final say in cover, title, date
28. 6. Requires agents
7. Makes money selling books to readers
8. Higher sales expectations, higher advances
9. Publisher has final say in cover, title, date
10. Very low risk
33. 1. Follows traditional publishing model (advance and
royalty, profits from book sales)
2. Publishing quality varies
34. 1. Follows traditional publishing model (advance and
royalty)
2. Publishing quality varies
3. More personal, level of attention varies
35. 1. Follows traditional publishing model (advance and
royalty)
2. Publishing quality varies
3. More personal, level of attention varies
4. Target specific audiences/sales channels
36. 1. Follows traditional publishing model (advance and
royalty)
2. Publishing quality varies
3. More personal, level of attention varies
4. Target specific audiences
5. 6-12 months to publication
37. 1. Follows traditional publishing model (advance and
royalty)
2. Publishing quality varies
3. More personal, level of attention varies
4. Target specific audiences
5. 6-12 months to publication
6. Lower threshold for success
38.
39. 1. Follows traditional publishing model (advance and
royalty)
2. Publishing quality varies
3. Level of attention varies
4. Target specific audiences
5. 6-12 months to publication
6. Lower threshold for success
7. Agents are not always required
40. If your priorities are to…
Work with professionals who can make and distribute books
Work with a partner that will invest resources in turning an
idea into a product
Have better access to brick and mortar bookstores
Share marketing tasks
AND you are…
Willing to share the profits
Patient
Eager for professional collaboration
54. Steep learning curve
Total control of pricing, discounts, and profit
55. Steep learning curve
Total control of pricing, discounts, and profit
Total control of package
56. Steep learning curve
Total control of pricing, discounts, and profit
Total control of package
Control of timing
57. Steep learning curve
Total control of pricing, discounts, and profit
Total control of package
Control of timing (24-48 hours after files
uploaded; 1 week with print proof copy)
Publishing quality varies
59. Helpful, supportive, knowledgeable
contractors
Some stigma (less with independent imprint)
60. Helpful, supportive, knowledgeable
contractors
Some stigma (less with independent imprint)
Highest dollar return per book
61. Paper Book:
Retailer: 50%
POD Printer (IngramSpark): $.90 + $.013/page
◦ Includes hard costs of paper, printing, binding, and
shipping
Author/Publisher gets the rest
Ebook:
Retailer: 30%
Author/Publisher: 70%
Note: These are averages for comparison only.
62. Paper Book: 300 pages, list price $15.99
Retailer: $7.99
POD Printer (IngramSpark): $4.80
◦ Includes hard costs of paper, printing, binding, and shipping
Author/Publisher: $3.20
KDP: Amazon sale nets Author/Publisher $5.14; through
other vendors: $1.94
Ebook: $4.99
Retailer: $1.50
Author/Publisher: $3.49
Note: These are averages for comparison only.
67. http://bit.ly/2GxVZxz
1. Define a mission and vision for
its publishing program.
2. Vet submissions.
3. Publish under its own imprint(s)
and ISBNs.
4. Publish to industry standards.
5. Ensure editorial, design, and production quality.
6. Pursue and manage a range of publishing rights.
7. Provide distribution services.
8. Demonstrate respectable sales.
9. Pay authors a higher-than-standard royalty.
71. Are they selective?
Are they publishing books that you would
read?
72. Are they selective?
Are they publishing books that you would
read?
Are their costs/payments competitive?
73. Are they selective?
Are they publishing books that you would
read?
Are their costs/payments competitive?
Are their book prices competitive (if relevant)?
74. Are they selective?
Are they publishing books that you would
read?
Are their costs/payments competitive?
Are their book prices competitive (if relevant)?
Do you trust their staff and leadership?
75. Are they selective?
Are they publishing books that you would
read?
Are their costs/payments competitive?
Are their book prices competitive (if relevant)?
Do you trust their staff and leadership?
Are they trying to upsell or pressure you?
76. Are they selective?
Are they publishing books that you would
read?
Are their costs/payments competitive?
Are their book prices competitive (if relevant)?
Do you trust their staff and leadership?
Are they trying to upsell or pressure you?
Are they professional in their behavior?
77. Are they selective?
Are they publishing books that you would
read?
Are their costs/payments competitive?
Are their book prices competitive (if relevant)?
Do you trust their staff and leadership?
Are they trying to upsell or pressure you?
Are they professional in their behavior?
Is there a clear way to end the contract?
78. http://bethjusino.com
(Click Resources for link to this slideshow
and many of the services mentioned)
bethjusino@gmail.com
Most photos in this slideshow are Creative Commons, courtesy of
Unsplash: https://unsplash.com/