Pages

Showing posts with label Trade publishing. Show all posts
Showing posts with label Trade publishing. Show all posts

Monday, 29 January 2018

Two Ways to Publish (and One Way Not to Publish)

By Iola Goulton


Last week I looked at the main options for self-publishing paper books and ebooks. But what do you do if that all sounds too complicated?

There are basically two ways to publish:

  1. You can hire people to help you publish your book.
  2. Or you can pursue a publishing contract.

What you shouldn't do is sign a contract with a "self-publisher".


1. Hire Help

Savvy self publishing authors do hire people to help, especially editors and cover designers. None of us—not even editors—can edit our own work. Most of us shouldn't attempt designing our own covers unless we have serious graphic design expertise.

There are several other services self published authors often hire external experts for:


Publish Like a Boss! has some great advice on being a professional indie publisher. Click here to read my review.

Note that there is one thing no reputable author or publisher ever pays for, and that is book reviews. But that's a big topic, so I'll save it for another post.

2. Go Traditional

I've covered this in previous posts here at ACW:


Large established trade publishers will generally offer an advance and a royalty. Note that the advance is an advance against future royalty payments, so if you're offered a $1,000 advance and you earn $1 in royalty payments for every copy sold, you won't get any royalty payments until the 1,001st copy of your book is sold (no, these are not typical advance or royalty payments. That would be too easy!).

A smaller publisher or a digital-only publisher might offer a royalty-only contract. This means no advance, but it also means you start earning royalty payments from the first book sold.

Don't Sign With a Vanity Press (Please)


A vanity press is not the same as a traditional publisher. Instead of making their money by selling books to readers, they make their money by selling publishing and marketing services to authors. Unfortunately, too many of them prey on Christian authors. Writer Beware says:
Christian writers are more likely to trust a company that self-identifies as Christian ... a perfect honey trap.
There are a few ways to spot a vanity press:

They require you to pay them (not the other way around).

A reputable trade publisher will never ask for money up front. A vanity press will, although they'll never call themselves a vanity press. Instead, they'll call themselves a traditional publisher or trade publisher. Or a co-operative press or a hybrid press or a partnership press.

Those are all terms designed to confuse you, persuade you that they are a legitimate trade publisher. But if they are asking you for money, they are not a trade publisher.

I've discussed vanity presses in several previous posts here at ACW:

If any publisher is asking you for money, please read these posts. Because the chances are that they are a vanity press, not a reputable trade publisher.

They require you to purchase hundreds of copies of your book. 

A trade publisher may give you the option of purchasing author copies at a discount e.g. to use in your own promotional efforts, to give as gifts, or to onsell. They will not require you to purchase copies—it's purely an option. Requiring you to purchase copies of your book makes them a vanity press.

They require you to pay for their marketing services.

A reputable trade publisher will require you to undertake some marketing at your own expense. For example, they may require you to have your own website which you develop and maintain. But they won't insist on building your website for a fee. Nor will they insist on you paying for compulsory or optional marketing services (which are usually expensive and of dubious value).

It all comes back to the first rule of publishing:


Money flows from the publisher to the author. Not the other way around.


Anything else is vanity. Please don't allow the desire for validation to blind you to the point of vanity.

If you have any doubts, ask.


Ask me. Ask in the Australasian Christian Writers Facebook group. Or click here to download the 2018 edition of Publishers Specializing in Christian Fiction.

About Iola Goulton


Iola Goulton is a New Zealand book reviewer, freelance editor, and author, writing contemporary Christian romance with a Kiwi twist. She is a member of the Sisterhood of Unpronounceable Names (Iola is pronounced yo-la, not eye-ola and definitely not Lola).

Iola holds a degree in marketing, has a background in human resource consulting, and currently works as a freelance editor. When she’s not working, Iola is usually reading or writing her next book review. Iola lives in the beautiful Bay of Plenty in New Zealand (not far from Hobbiton) with her husband, two teenagers and one cat. She is currently working on her first novel.

Monday, 9 January 2017

What Are My Publishing Options?

By Iola Goulton


Last week, we looked at a question many authors have: Is My Novel Publishable?

The short answer was, yes. The long answer was, it depends. (Helpful, yes?)

This week, I'm going to run through the main publishing options:
  • Trade Publishing
  • Small Press Publishing
  • Self-Publishing
  • Vanity Publishing

Note that while these are all options, only three of them are options worth considering, and the "best" option will depend on your personal aims in writing and publishing. For example, if you want to see your books on sale in your local KMart, you probably need to aim for a trade publishing contract.

Trade Publishing

Trade publishing is the official term for what can also be called traditional publishing, trad publishing, or legacy publishing. 

If you visit your local bookstore or library, most of the books you see on the shelves will have come through these big trade publishers, with names like HarperCollins, Penguin, Random House, or Simon & Schuster. Each publishing house will have a range of imprints, each of which will target a different market. For example Harlequin, Love Inspired, Mills & Boon, Thomas Nelson and Zondervan are all imprints of HarperCollins.

Most trade publishers don't accept direct submissions from new authors, preferring to deal directly with literary agents. Authors are paid through advances and royalties (with a portion of each payment going to their agent). Real trade publishers don't charge you for publishing. If they say there is a fee of any kind ... they're a vanity publisher.

For more information, see Paths to Publishing: Trade Publishing

Small Press Publishing

Small presses are still trade publishers, but they're smaller. You're less likely to see their books on the shelf at your local store, or in your library. Many will accept direct submissions from authors. Few pay advances, but all pay royalties. As with trade publishers, small presses don't charge you for publishing or require any compulsory book purchases. If they do, they're a vanity publisher.

Not all small presses are created equal. Some offer professional editing and cover design that's as good as the biggest trade publishers. Others ... don't. Do your research before you submit. It's a whole lot easier than dealing with problems later.

For more information, see Paths to Publishing: Small Presses

Self-Publishing

With self-publishing, the author wears all the hats:
  • Writer
  • Publisher
  • Marketer
(I've heard it said that publishing is the easiest of the three!)

The essence of self-publishing isn’t that the author does everything themselves, but that they are in control of the process and contract out those parts of the process they can’t do themselves (like editing) or that could be done better by a professional (e.g. cover design).

I'll discuss self-publishing in more detail in the final post in this series.

Vanity Publishing

The most important maxim to remember in relation to publishing is simple:

Money flows from the publisher to the author


If money is flowing from the author to the publisher, that’s commonly referred to as vanity publishing. Not that any publisher ever calls themselves a vanity publisher. Of course not. No, they call themselves a traditional publisher or a hybrid publisher or a cooperative publisher or even a self-publisher.

I'll cover vanity publishing in more detail over the next two weeks, but the key is to look at how the earn their money: from readers, or from authors.

Resources

Meanwhile, here are some resources to help you in examining your publishing options:

Any questions?



About Iola Goulton

I am a freelance editor specialising in Christian fiction. Visit my website at www.christianediting.co.nz to download a comprehensive list of publishers of Christian fiction. 

I also write contemporary Christian romance with a Kiwi twist—find out more at www.iolagoulton.com.

You can also find me on:
Facebook (Author)
Facebook (Editing)
Instagram
Pinterest
Twitter