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When choosing your publishing journey, it’s important to weigh the potential benefits and drawbacks in order to make the right decision for you and your work. Author Rick Lauber lays out 17 pros and cons of traditional publishing vs. self-publishing.RICK LAUBER

Choices. We all make them and some are easier to make than others. When struggling to decide, it can often help to draft up a “pros and cons” list for the alternatives. Doing so can provide an easy and excellent visual and be greatly beneficial for authors considering book publication.

Typically, there are two routes an author can choose—a traditional publisher or a self-publishing arrangement. Both have their benefits and drawbacks that should be carefully considered before an author makes a major commitment.

(10 Tips on Negotiating a Traditional Publishing Agreement)

As a twice-published book author, here are some lessons I have learned:

Traditional Publishing Pros

No Cost

Traditional publishers do not charge authors—these publishers want your book and want it to succeed as they will earn their money through further sales of the completed project. Traditional publishers asking authors for upfront payments are not legitimate.

On a related note, a traditional publisher may offer an author an advance prior to starting the project. Authors being offered an advance shouldn’t get too excited however … advances are not gifts or honorariums. These must be repaid through royalties earned.

Credibility

Traditionally published authors often hold prestige or clout when connected with a small, medium, or large publishing house. And authors will benefit by having champions in their corner. Bookstore managers are among those proponents as they will typically support a traditionally published author but hesitate with a self-published author.

I remember doing a previous book signing and chatting with the bookstore manager. She explained that, as regular practice, she does not invite self-published authors in for such events (nor stock their books for sale). Initially, this sounded harsh to me; however, she stated that many prospective authors could easily publish a book on their own and not have the backing of a recognized, traditional publisher.

Industry Knowledge

Traditional publishers are in the business of selling books. Therefore, they will be knowledgeable about what makes a book attractive and interesting to a reader. While they may take design recommendations from authors, I felt far more comfortable agreeing to my publisher’s preference to title my books and create front covers rather than trying to do so myself and hoping both would work.

Hired Know-How

Traditional publishers will have an in-house or contracted team to develop books. When writing my books, I worked with an acquisitions editor, a copy editor, a substantive editor, a fact-checker, and a publicist. All these professionals were available to me at no additional charge.

Validation

Writers often develop, publish, and/or post content without receiving any kind of feedback from readers. A solid contract offer (and a green light to proceed) from a traditional book publisher acknowledges both your idea as having “legs” (meaning it is viable…) and you, as a writer.

Traditional Publishing Cons

Loss of Rights

This is perhaps the most important issue for writers. When authors sign a contract with a traditional publisher, they are typically selling all (or many) rights to their work. When traditional publishers insist that an author sell “all rights,” this means that the author cannot use, sell, or republish their own material elsewhere. As an author, would you want to lose complete control to what you have written?

Delays

The path to becoming traditionally published can be painfully slow. After submitting my first proposal, it took several months for my book publisher to finally accept it—the reason given was that their selections committee only met irregularly and authors had to wait. Following acceptance, traditionally-published authors can find that back-and-forth editing and fact-checking can also drag on.

Disagreements

With more people on a traditional publisher’s team, there is more likelihood of differences of opinion. A traditional publisher’s editor may recommend a copy change the author does not agree with or the publisher may market the author in a completely different genre. With many authors, they will have their own personal and professional preferences to how they are categorized, but a traditional publisher may have a much different plan.

Self-Publishing Pros

Faster Publication

Understandably, authors can be eager to see their book(s) published, and self-publishing can result in this happening. Self-publishing can, in fact, shave months off of the entire process.

Higher Earning Potential

Traditionally published authors receive royalties for books sold—typically between 10-15 percent of a book’s list price. Conversely, self-published authors can keep every dollar earned from sold books. Therefore, a self-published author who isn’t shy to sell his/her own work and truly hustles can find the results lucrative.

Control

Authors choosing self-publication will have complete creative control. Therefore, there will be no arguments with the publisher about the front cover design or the price of the book. It can be very empowering to make your own decisions.

Longer Shelf Life

Traditionally published authors may see their book front and center on the bookstore shelf for several months but be unceremoniously replaced by a publisher’s newest release. Self-published authors can keep their book visible for a lifetime (but will have to devote the time and effort to promote themselves).

Self-Publishing Cons

Cost

Self-published authors must often pay out of their own pocket to create a book. The costs, covering development, production, distribution, and marketing could amount to be in the thousands of dollars. This may be money spent that the writer will never recoup. Unlike a traditional publisher, authors choosing to self-publish will have to pay for each service.

Lack of Support

Authors choosing to self-publish can expect to shoulder all the work involved themselves (or contract others, like an editor or graphic designer, to complete this work). Unless an author has the outside skills necessary, having to do everything independently can become a roadblock to publication.

Lack of Recognition

In addition to being potentially shunned by bookstore managers for book signings, self-published authors may also receive the cold shoulder from media refusing interviews, literary agents offering marketing help, and contest developers offering prize money.

Lack of a Guarantee

I use the term “guarantee” loosely as there are few certainties in life. However, with a traditional publisher, authors can be more assured of support and success as the publisher provides solid backing. A self-published author may find that he/she is simply investing money into a project and getting little in return.

Required Storage Room

Unless you have a spare bedroom or space in your basement, self-publishing may not be ideal. A self-published author, typically, may store numerous copies of his/her book at home. Instead of stocking books at home (and tripping over the boxes), I have far preferred to order small quantities from my publisher’s distributor in advance of a planned event.

While it is advisable for authors to always have some copies of their book on-hand at home (you never know when you will need one), I prefer having books shipped directly to me and not having to hold onto superfluous stock.

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While I chose a traditional publisher for both of my books and couldn’t be happier with the outcome, this avenue isn’t for everybody. By listing out and weighing the pros and cons of traditional publishing and self-publishing, an author will be able to make a far better and more informed decision. 

Click to continue.17 PROS AND CONS OF TRADITIONAL PUBLISHING VS. SELF-PUBLISHINGSELF PUBLISHINGTRADITIONAL PUBLISHING

BY RICK LAUBER

Rick Lauber is the author of two published guidebooks for caregivers: Caregiver’s Guide for Canadians and The Successful Caregiver’s Guide. In addition, he is a twice-selected story contributor for Chicken Soup for the Soul and an established freelance writer. www.ricklauber.com. 

by Brian Jud
Bowker | Tue Oct 5, 2021
 The trek to special-sales success can be long, arduous and frustrating — but at the same time personally rewarding and profitable. Through it all, a strong and determined attitude can serve as the GPS on your path to success. There are several basic axioms in book marketing in general (and special sales in particular) that may have a negative impact on your attitude. Know in advance that these are going to occur, and the negative impact on your attitude may be reduced. 

• Rejection is a way of life. Be forewarned that you will be rejected far more times than you will be accepted, and this may wear away at your attitude. But do not take rejection personally. That is easy to say, yet it can be done if you accept rejection as a challenge to learn, improve your strategy and tactics and thereby increase the likelihood that you will close the sale next time.
• People make decisions on their schedules, not on yours. One of the problems with setting a sales objective is that it is based on your forecasts and your presumptions of what people will buy and when they will buy it. However, your potential customers do not know this. They only know what they want and when they want it. Their needs and deadlines may not coincide with yours. Your prospects may have promotions planned for next year and your book will fit nicely with them. But they will not buy until next year regardless of your goal.  
• The order is rarely as much as you had hoped. Again, buyers purchase what they need, not what you forecast. And since many buy on a non-returnable basis, they will not commit to a large quantity until it has proven successful. 

 Think of the elements of your attitude as you would the spokes of a wheel on an old Conestoga wagon. All the spokes must be in place if the wheel is to function properly for the length of the trip. If one or more of them is broken, the wheel could be crushed under the pressure of the wagon. Similarly, you have seven “spokes” to maintain for an effective book-marketing attitude. They enable you to remain competent, professional, enthusiastic and successful throughout your journey to sell your books in special markets. These seven Cs are:            1) Courage. It takes a little bravery to break free from your habits of selling only to bookstores. Leaving your comfort zone is never easy, yet it must be done. In special-sales marketing, it also takes courage to… • seek assistance in your quest. You do not have to go through all this alone. For example, if you need sales help, hire a consultant or join an APSS Mastermind Group and benefit form OPM – Other People’s Minds.  • accept responsibility for your circumstances. Blaming unresponsive prospects for lost sales will not solve your problem. Discover what went wrong and then correct it. • go on the offense. At times you may feel as if you have lost control and that the potential customers “hold all the cards.” If you relinquish control of your actions, you will end up selling only to bookstores and libraries rather than soliciting new markets and opportunities. One way to go on the offensive is to be assertive during negotiations. A sales call is analogous to a sporting event: you can only score when you have possession of the ball. If the interviewer controls the ball for the entire game, you may not get to make your presentation. If you simply “attend” a negotiation without actively participating, you will not score many points. • try different approaches. It takes valor to attempt something untried, and this is exactly what you must do to shake up your thinking and be creative in the action you take. 2) Commitment is the knowledge that “If it’s to be it’s up to me,” as Brian Tracy implored. Commitment is also the ability to devote your entire focus on the attainment of your objective. It is the discipline to continue trying in the face of adversity and rejection. Commitment is the understanding that you are not perfect, and therefore you must continue evaluating your results and trying different tactics, using trial-and-error and learning from your mistakes.        3) Competition, or the spirit of vying with others for a prize, may be more successful if you direct your competition toward yourself instead of others. Competition does not have to be against others for you to win. Compete with yourself to contact one more person per day this week than you did last week. Look for ways to make your selling skills better than they were yesterday but not as good as they will be tomorrow. Seek one more idea to solve a problem. Attempt to improve yourself in some way, every day. Improve on your actions and skills and you are more likely to become successful more quickly. From a different perspective, some authors feel that their content is unique and they have no competition. That is untrue in retail marketing where you are competing against other books for shelf space, media time and share of wallet. It is also untrue when selling to corporate buyers where you compete against coffee mugs, umbrellas, golf shirts and many other promotional items.  4) Confidence is the ability to entrust yourself with your future. Self-confidence will bolster your courage to perform all the tasks you may be reluctant to do. It will enable you to make cold-calls in person or to pick up that “200-pound telephone” and make more sales calls.           5) Concentration. The most points scored in football games are made in the last two minutes before the end of each half. The players are concentrating on getting the points on the board before time runs out. They are not thinking about what happens if they lose, but on scoring the points necessary to win. Play the special-sales game as if you are always in the last two minutes of the second half. Concentrate on the rewards of success, not the consequences of failure. Progress in special sales has less to do with speed than it does with direction. Concentration serves as the compass with the arrow pointed directly and unfailingly at your goal. 6) Creativity can help you make a molehill out of a mountain. The dictionary defines creativity, “to cause to exist; bring into being; originate.” If you are to be successful in special-sales marketing, you must cause opportunities to happen. There will be cases in which your prospective customers have never used books as a premium or sold books in their stores. Your creativity will serve you well by demonstrating to them how they could use books in new ways. Sell your romance novel to limousine services, or your book on leadership to coaches in high school or college sports. Find new ways to make sales happen. 7) Control. Some people define control as a restraining act, the need to hold back or curb something. But it is really a dynamic process, as one controls a horse with the reins. It is the ability to recognize an opportunity that comes to you on the spur of the moment, evaluate and pursue it even though it was not part of your original plan. Control requires adjustments to compensate for predictable and unforeseen circumstances as you move toward your objective. With control, you can apply your creativity professionally. It directs your commitment so you can pursue your goals. It helps you use your confidence for productive means. A controlled grip on your anxiety will give you the courage to continue with your efforts even after you have been rejected most of the time. And it ensures that you maintain your competitive edge. Think of controlling your book-marketing activities as you would driving and maintaining your car. You turn it on, put it in gear, direct it toward your destination, determine the speed with which you move ahead, make corrections in your course, schedule it for regular maintenance and add fuel periodically.  Work with the ideas presented here to monitor your attitude, then increase your sales and profitability in special-sales markets. Use what is good for you and your titles. Keep an open mind, look for new opportunities and make it happen. It is all up to you.  —————————————————————————————————————— Brian Jud is the Executive Director of the Association of Publishers for Special Sales (APSS – www.bookapss.org) and author of How to Make Real Money Selling Books (second edition published in August, 2021) and Beyond the Bookstore. Contact Brian at brianjud@bookmarketing.com or www.premiumbookcompany.com and twitter @bookmarketing   

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In this tough economic time, your book is always a great value, and the Eric Hoffer Book Award is the most economical way to achieve publicity and recognition. Read Hoffer Award success stories (www.hofferaward.com/Eric-Hoffer-Award-success-stories.html). Read previous contest coverage in the US Review of Books (www.theUSReview.com) and view past winners and press releases at www.HofferAward.com.

Internet payment for entrance fee accepted. (visit www.HofferAward.com)

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     AWARDS ARE OPEN to academic, independent, small press, and self-published books that were released or copyrighted in the last 2 years, including unique books with small print runs. (Books over 2 years enter the LEGACY FICTION or LEGACY NONFICTION category.)

     AWARDS/PRIZES: One grand prize will be awarded for the entire contest. In addition, each category will be awarded a winner, runner-up, and multiple honorable mentions. Books must be registered by CATEGORY and then are automatically considered for Individual Press Awards, the Montaigne Medal, the da Vinci Eye, the First Horizon Award, and the Hoffer Grand Prize.

     FOR EACH ENTRY, submit the book, entry form, and registration fee (check, money order, or Internet payment receipt: $60 early registration postmarked by 12/14 ($70 after) to Hopewell Publications, LLC, PO Box 11, Titusville, NJ 08560. Be certain to specify award category and press type. Registration will be confirmed via e-mail. In May, all entrants will be notified of winners. Final submissions must be postmarked by January 21, 2022.

     JUDGES may include authors, editors, agents, publishers, book producers, artists, experienced category readers, and health and business professionals. Note: Contest closed to the staff of Hopewell Publications and previous WNBA winning entries. At the low entrance fee, it is not feasible to provide judge’s critiques for each entry.

ENTRY FORM (submit one entry form per book):
You may also visit www.HofferAward.com and click on the “Nominate” link.

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Title:
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AWARD CATEGORIES (select one per entry application):

* ART: titles involving the experience, execution, or demonstration of the arts, including art, fine art, graphic art, architecture, performing arts, design, photography, coffee table books, and poetry.
* CHAPBOOK: books 40 pages or less, with typically some form of saddle stitch binding and/or artistic assembly. (Qualifies for special registration fee.)
* CHILDREN: titles for young children, including stories and picture books.
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Brian Jud is the Executive Director of the Association of Publishers for Special Sales, an author, media trainer, and former co-host of the Writer’s RoundTable radio show and host of the television series The Book Authority that aired over 650 shows. It is the longest continuously running cable TV show in Connecticut. He has been the guest on over 1200 television and radio shows, including Today and CNN.In addition, he is the author, narrator, and producer of the media-training video program You’re on The Air. He also wrote and published its companion guides, It’s Show Time and Perpetual Promotion. These describe techniques for authors to get on and perform on television and radio shows.Brian is the CEO of Book Marketing Works, providing media training and marketing consulting for authors and book publishers.Connect with Brian: Email: brianjud@bookmarketing.com Website: bookmarketingworks.com REMINDER: This is exclusively an online event via Zoom. Link for the morning session will be provided in a separate email sent out Friday evening, July 9th, between 8:45 and 9 PM. If you are a current BAIPA member OR you have pre-registered and do not receive that email, please reach out to help@baipa.org.More Info and to Register

BAIPA MEMBERS: ALL CURRENT MEMBERS will receive the Zoom info for the morning session automatically on Friday evening. There is no afternoon workshop in July. AND everyone who registered for the morning session will also get the Zoom information for those events on Friday evening, between 8:30 and 9 PM Pacific.The best way to ensure that you will get your Zoom link in a timely manner is to either be a current member of BAIPA or pre-register by 5 p.m. on Friday, July 9th. Thanks! How Much?$20 for non-members for the morning session. If you are a member of BAIPA, there is no charge for the morning session.  ATTN: NON-MEMBERS: Membership is currently $10/month, with automatic renewal. You can attend the morning session for a onetime $20 non-member fee OR you can join for only $10/month, and cancel anytime. Also, there are many other benefits to being a member of BAIPA, including discounted rates for afternoon workshops, access to ALL recordings of previous presentations, and much more. Come join us! THE DAY’S SCHEDULE

MORNING SCHEDULE 9-9:45 am Open Q & A Break 10-10:45 am Introductions & Announcements Break 11 am-12:15 pm Program: Amazon Optimization: How to Sell More Books with 7 Tweaks to Your Amazon Listing with Geoff Affleck, #1 bestselling author and award-winning publishing consultant  UPCOMING EVENTS First Saturdays unless holiday weekendAUGUST 7th: Penny Sansevieri speaking about how to lay the foundation for bigger book sales. There WILL be an afternoon workshop with Penny, where she will do a deep dive into the topics touched on in her morning presentation.SEPTEMBER 11th: Brian O’Leary, Executive Director for BISG (source of BISAC categories and more) on the latest publishing trends. (second Saturday) OCTOBER 2nd: Michele Cobb on getting your titles into librariesStay tuned for more! For now, our regular monthly meetings are being held via Zoom on the FIRST Saturday of the month, except for holiday weekends, such as Independence Day and Labor Day weekends, when the meeting will be held on the second Saturday.

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