You’ve written an extraordinary first novel. You’ve been immediately signed by 1 of the leading literary management organizations. Your agent helps you polish it and is super-enthusiastic about discovering a publisher. In the very same month he starts sending it out the economy crashes. Your agent spends a year submitting it but finds no takers. He bemoans the truth that his organization model no longer works, that publishers are laying off editors correct and left. “It now takes a committee to even look at a 1st time writer,” he says. What do you do now?
You have just heard my story. What did I do?
I spent a wonderful deal of time researching self-publishing. In the approach I found that most self publishing organizations do not care if you sell books. Your book may possibly get listed and be offered by way of a wholesaler or listed with Ingram, but you nonetheless should do almost all of the marketing oneself. You have to get the word out.
1 very nicely know company asked me to guarantee the printing of 2,500 trade paperback books that would expense .51 for printing plus a .00 “fee” for the publishing company (for any unsold books) for a total risk of ,000 with ,500 up front. The contract was unclear on what my royalty would be. When I asked, I located out that I’d make about .60 per book on a retail price. For books sold, their profit is .00 less my .60.
Ok. I’m investing ,000, I’ll make back ,000 if I sell all 2,500 books. If I sell only 1,000 books I’ll make ,600, but I have to pay the publisher .51 printing plus .00 per book on the 1,500 unsold books which is ,765. Deduct my ,600 profit and I’m left with a LOSS of ,165.
Needless to say, I kept looking until I identified CreateSpace which is an Amazon owned organization. If you can format your own interior and supply a cover, it expenses nothing to publish employing their print-on-demand system. You get an eStore that you put on your site(s). You also get listed on Amazon.com. My very first novel, Soul Mate, is priced at .99. My royalty for books sold via my eStore is .50, and through Amazon.com is .50. CreateSpace’s enhanced distribution program is per title which makes it available to retail shops, but their discount is woefully inadequate and they don’t offer you a return policy so the program is fairly useless for selling to organizations like Barnes & Noble.
Lighting Source is an additional print-on-demand business which provides you far better access to bookstores if that’s your goal. They’re a bit more pricey to get started, and much less user-friendly on the technical finish, I’m told. They are owned by Ingram Book Business, the largest wholesaler. You can set your own bookstore discount and return policy. If you purchase your own ISBN number you can print your book at both CreateSpace and Lightning Source making use of the exact same number. I recommend checking out each of them to see which one ideal meets your needs.
So, I’m now a novelist andbook publisher. I like it that way.
Ron Weaver is Senior Producer for THE BOLD AND THE Gorgeous, the world’s most-watched everyday drama, observed in more than 100 countries by 37 million folks a day. Weaver was also part of the original production team that launched SESAME STREET. Weaver says, “I’m truly blessed to have been a portion of two world-class series.” Weaver’s most up-to-date book, Soul Mate, is a new release romance novel about forbidden adore.