You’ve written your first manuscript and are trying to make heads or tails of which route to go in the publishing industry, but it isn’t as cut and dry as you thought it might be. You’d like to make an income, maybe even retire to a new writing career. Does that sound about right?
Two Types of Publishing
Over the next few weeks I’ll be taking a look at the different types of publishing out there and hopefully provide some insight into which is best suited to your needs. First and foremost, you’ll need to make sure your manuscript is as perfect as it can be – that means you’ve already hired an editor and made revisions to the original work. Whatever route you go, mistakes are going to cost you in the long run. Eliminating them before you start will pay off.
There are basically two types of publishing: traditional and self-publishing. I know a few people are shaking their heads at that, but it’s true.
Traditional publishers buy the rights to books. They are most likely retain all creative control and pay the authors a royalty from sales. Author cost is zero. They may help with some marketing, but authors are expected to do their own as well. While it is advised that you send an error-free manuscript in, traditional publishers have their own in-house editors who go over manuscripts and make changes at no cost to the author.
Self-publishing is a little more complicated. It includes any type of publishing in which an author is required to pay out of pocket on the route to becoming published. There are numerous different types included under the umbrella name including: vanity publishing; subsidized publishing; print-on-demand publishing; and self-publishing. Each one is a unique entity to be considered carefully before making a final decision.
Join me next week, when I take an in-depth look at traditional publishing on the road to helping writers make their publishing choice.