Last month, I did a series on the most popular questions self-publishing authors ask. The posts were such a hit, I’ve decided to do another series this month. Each week in August, I will discuss one of the top four reasons why you should self-publish your book.
This week, I’ll discuss one of the most popular reasons authors choose to self-publish: money. (Check out last week’s post on control.) There are two things that are unique about self-publishing in relation to money.
1) The author sets the price.
The price of your book influences the profit you make and how well your book sells. Different authors have different pricing strategies, and you need to give this decision a lot of thought. Rather than a publisher deciding the value of your book, you set the price based on your goals and personal situation.
2) The author earns100% royalties.
If you talk to authors who use traditional publishing firms, royalties are a hot topic. Many authors are unhappy with the royalty rate (which is often in the single digits). Self-publishing authors enjoy 100% royalties. Yes, 100%. Whatever you earn from your book is yours to keep. This reason alone is why many writers choose to self-publish their work.
I’d love to know, how has price and royalty influenced your publishing decisions?
|ABOUT JODEE THAYER: With over 20 years of experience in sales and management, Jodee Thayer works as the Manager of Author Services for Outskirts Press. The Author Services Department is composed of knowledgeable customer service reps and publishing consultants; together, they all focus on educating authors on the self-publishing process in order to help them publish the book of their dreams. Whether you are a professional looking to take your career to the next level with platform-driven non-fiction or a novelist seeking fame, fortune, and/or personal fulfillment, Jodee Thayer can put you on the right path.|