Regardless of whether you are holding out for an old-fashioned publishing
contract or taking matters into your own hands with custom self-publishing, here are 5 questions you should
know the answers to when you decide to publish:
1 – What is the minimum number of books you have to purchase, and what does
each book cost you? Many require certain quantities to be purchased at highly marked up prices. That is how they ‘get you.’
2 – Who determines your retail price? How much is it? – Here’s another one
to look out for. You should have that control. Publishers that don’t allow that are often in the business to make money on your book. You’ve done the work. You should see the rewards.
3 – Who determines how much money you make from each book? Another good test.
Your publisher should pay 100% of the difference between the wholesale price and the
production price of the book. Most publishers pay anywhere from 5%-50%.
4 – Do you receive marketing support after publication? Free services like the Marketing COACH offered by Outskirts Press is an invaluable collection of proven tactics shared to help improve your book sales.
5 – Do you retain all the rights to your book? You definitely should. Check
the contract of wherever you publish.
Isn’t this fun!
– Karl Schroeder