The Riddle Report 01 02 2021
A new year has started, and you are dissatisfied with your writing career. Perhaps you are making money writing for someone else, but publishing books has not really happened for you. You wrote a book that you think is the all-American novel, but you can’t get it published.
You’ve tried the traditional press and they won’t look at your novel unless you have an agent. So, you went out and submitted your books to agents, most of whom turned their collective noses down on your book. And those interested were either in the wrong genre or too expensive.
What to do When Traditional Publishing Doesn’t Work.
There are several options, but we are only going to look at two: Self-Publishing and Indie Publishing.
Self-Publishing has been around for a while. The name suggests that by using their service you are self-publishing your book. That you are in control.
This is not accurate. You, the author, are actually paying a publisher to publish your book and the publisher gets the benefits. Here’s a quick look at the advantages and disadvantages:
- No agent required, although some suggest you should get one.
- Time from signing contract to actual publication usually only a few months.
- Virtually able to have book published.
- Author owns ISBN.
- Royalty paid.
- Publisher still in charge.
- Author gets low royalties, usually a formula that starts out at 8% or something similar.
- Marketing tools available with a price.
On the face of it self-publishing looks good for the author. And for some it probably is good. But if you want to have control of your book from creation to marketing, then there are problems. In the list of Disadvantages, I listed “Publisher still in charge” as the first disadvantage. Why? Because if the publisher is in charge of your book then you aren’t. It’s as simple as that.
Try this simple quiz:
- If I use their editing services, do I still have final say?
- Most self-publishing companies offer their authors their editing services. In some cases. they may charge for it.
- When I published my first book, I used a self-publishing company, but I chose to do my own editing. Why? Because I did not want them to make any corrections unless I agreed to it and I wasn’t convinced that they would do that.
- How long do I have to review a Proof before returning it for correction or publication?
- In self-publishing the publisher makes the rules. When I was with a self-publisher, I was given 72 hours to proof the book. Sounds like a lot of time, but you are proofing to find any and all mistakes. For example, I found errors that were repeated throughout the book. I found some and noted them, but not all. So, some errors remained in the published version.
- Can I pull the book, edit it, and republish after I have already published it?
- Yes, if you are willing to pay for another book. Generally speaking, once your book is published, it is done.
- If so, how much does it cost?
- This varies but I would estimate between $400 and $800 for one book.
- How much help do I get marketing the book?
- I didn’t get much. They did have a variety of tools I could purchase. But actual help, no.
- What do the marketing tools cost?
- That varies from publisher to publisher. In my opinion, too much.
Although the answers to the above questions are not ideal, self-publishing is still better than traditional publishing in that you do have more control than before and the book gets published faster.
In 2014 my wife, Teresa, and I went out to lunch at a small McDonalds located in Murdock, part of greater Port Charlotte, and made a very important decision. As we sat there and discussed my writing career and the possibility of hers, although at that time she hadn’t started writing her first novel yet, we decided to establish our own publishing company called T&R Independent Books. The T was for Teresa and the R for Ronald.
Let’s look at the Why form our own publishing company.
Up to that time I had been publishing using what is commonly called self-publishing companies to publish my books. But as I studied these companies I discovered:
- They controlled the content
- They controlled the cover
- They determined the royalties
- I still had to do the marketing
In other words, while I had more freedom and control that I’d have with a traditional publisher I still didn’t really have control of anything. By going independent and truly publishing by myself, I would:
- Have control over the content
- Have control over the cover
- Determine the royalties
- Still do the marketing
Now don’t get me wrong. I don’t consider myself a control freak. Rather, I believe that if the author is going to invest his or herself into writing a book, any book, then they deserve to benefit from it.
Case in point. With traditional and self-publishing companies the average author’s royalties are scaled. It varied from publisher to publisher but in general it might go like this: 8% of retail for the first 2,500; 15% for the next 5,000; 25% thereafter. Now the numbers I just used may not be accurate (I did it from memory), but the concept is true.
But by doing my own publishing I can receive 35% or 70% right from the start! That is a major difference.
What about the content?
With traditional publishers you generally have to first go through an agent who then tries to find a publisher. The agent has certain criteria which may involve you changing the content. But just finding an agent can be long and frustrating. Then the agent gets to tell you whether the book is good enough for publishing based on their expertise.
Even self-publishers exert control. For example, say you are writing a book and you quote from the King James Version Bible. It is possible they will substitute a different version whether you agree or not. They may also reject passages they don’t like. In other words, just because you are pleased with your results they might not be and can act accordingly.
Another thing involved is the ability to correct. No matter how or to what extent you have had your book previewed and edited, there is always the chance of errors. Moreover, the publisher may have printing errors. I ran into this with my books. I was sent a ‘Proof’ copy and given about three days to review, find errors, make corrections, and return (electronically, of course). (For more on this see above in section about Self-Publishing.)
But by publishing the book myself I am able to take my time and do a more thorough job of previewing and editing. And, if there are still errors in the published version, I can correct the errors and republish at no cost to myself!
What about the Cover?
I have discussed Cover Creator in previous blogs, but Kindle’s Cover Creator and Photo Gallery provide free pictures or frames in which I can upload my own pictures. Moreover, if I am willing to hire someone to do a professional picture including the bar code, I can do that. Just have to meet KDP’s criteria.
And one last thing: Writing a book can be and is stressful; so is marketing. Having greater control over the publishing removes a lot of stress; and having greater control over price and royalties is far more rewarding.
The result is that you can approach marketing with far less stress than before.
Have you considered Indie Publishing?
More and more authors are discovering the value of the Indie approach. Yes, it requires more work on your part, but it’s worth it. Go to our website and check out our videos, all free, that give you a head start on building your own writing and publishing business.
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R Frederick Riddle is the Editor of TR Writing Services providing help to struggling and/or new authors to write and publish their books. He is also an author of Historical, Speculative, and Mystery fiction, plus co-founder and Vice President of T&R Independent Books. To reply to any blog you can comment on a blog and/or send an email to email@example.com. His Facebook page is at RFrederickRiddlesWorld.