August 17, 2021– During August, we’re talking about what publishers want! We want you to be informed and educated about the publishing industry so that you can make the best choice for your work. Today, we’re talking about the Pros of Self-Publishing; all the good stuff makes this publishing option very attractive to the right person. But, more on that later, let’s sink our teeth into today’s subject:
- Creative control. The author is in control of the project from beginning to end; cover design, editing process and changes to the manuscript, the size, page count, layout, formatting, inventory, sales, distribution, price point, and marketing are just some of the things that the author is fully responsible for.
- Higher royalty rate. When authors choose to self-publish, they get to keep more money. There is an initial investment on their part to get the book to market, but after costs, the profit is all theirs! Once they get enough sales under their belt to cover the initial investment, the rest is profit in their pocket. Plus, there are additional ways to make money as a self-published author, such as school visits, speaking fees, and lectures, for example.
- Continuing ed. Authors should be mindful of furthering their careers and take as many continuing education classes as they can afford. Writing is something that needs to be continually improved upon, and the publishing industry is constantly changing. It’s best to keep up with what’s going on in the market and what it demands. As a self-published author, one can decide where they would like to study as most writing continuing education classes are held abroad. I’ve been fortunate to travel globally to hone my craft of publishing and writing, and the benefits have been incredible. Not only have I been able to see and study new places, but I have build friendships that have lasted a lifetime just from attending writing conferences abroad.
With every good thing, there is always an opposite. Stay tuned for tomorrow’s post on the Cons of Self-Publishing.