It’s been about two weeks now since I signed with my first fiction book publishing contract, and now I am preparing to possibly sign with a publisher for one of my non-fiction books. It is an exciting time, and I want to bring up some considerations for others at this crossroads.
1. Freedom versus collaboration
When self-publishing, you take on a lot of the risk, but you also have freedom. You can do price promotions when you want, decide on your cover and all that jazz, but you have to be serious about the details. Plus, you can publish immediately! Small presses take anywhere from 3 months to 3 years to get your book out there.
When working with a publisher, there is a risk that they may do something you don’t like, but it’s also more likely that they have a better idea of what they are doing than you would if you were to do it yourself.
2. Marketing and cross-discoverability
Having someone out there with a known name marketing your book will likely lead to enough sales to make up the difference in royalties you’ll be losing to your publisher. However, I have heard a lot of stories of small-press publishers NOT doing any real marketing – so make sure to know what you are getting into.
There’s a chance that, when publishing with a traditional publisher, someone may discover your book by clicking on another book by your publisher and going to their website.
3. You can always self-publish other books
Just because you go with one publisher, it doesn’t mean you always have to go that route. But beware that a lot of contracts will have stipulations, such as the right to consider your next book. Some authors prefer to be self-published, others traditionally published. Some, as is the case with me, like the idea of being a “Hybrid Author,” both traditionally- and self-published. It’s like splitting in Blackjack (is it? I actually don’t understand the game that well, but you get the point).
4. Traditional publishing still carries more weight
Some of us may not like to admit it, but traditional publishing still carries a certain level of prestige that self-publishing may not. Yes, most people just see your book on Amazon (Nook, etc.) and think it’s awesome you published a book, but if you meet someone at a writers conference or agent pitch fest or whatnot and they ask if you are self-published, you may see interest drop when you say yes. That used to be me (sorry!). My co-blogger here shared stories with me as well, where she met folks who said skeptically “Oh, you’re published?” and only showed real interest when they learned she wasn’t self-published. Unfortunately, a lot of people self-publish works full of issues, so you can’t totally blame the skeptics.
So if it’s the prestige you are after, considering going traditional with at least one of your books.
If you would like to follow my book publishing progress, you can find several of my self-published novels on Amazon, to include Teddy Bears in Monsterland and Back by Sunrise. My literary novel Mohira will be published when the publisher is ready!