I've found lots of evidence to suggest that self publishing is a great choice, and traditional publishing firms would be absolutely thrilled if you weren't aware of some of the profits it may provide you.
That's what's called a red rag to a bull - I hate it when that happens! Just continue reading while I detail some things that may amaze you.
More Earnings If You Do It Yourself!
Most surprisingly, perhaps, is that you're likely to achieve a higher profit from the sales of your book if you get it up and running and out to your readers yourself .
It's pretty usual these days for a self published writer to take a return of around 75 % for each copy of their book that is sold.In fact, many writers obtain as much as a 90 percent profit margin in exchange if they're able to produce a bestselling book.
To put that in perspective, imagine you are able to publish a book at a cost of $3 to you and then sell it for $12. In this situation, every book you sold would put $9 in your wallet!
Does it amaze you to know that traditional publishing companies would prefer that you don't know that this type of profit is highly unlikely if you go along and trust them to publish your own book?
If you're getting 75% on sales of your own self published book , what do you get from traditional routes? Hold on to your hat - a conventional publishing company is unlikely to provide you greater than 12 % in royalties.
What's more, that 12 percent would come from wholesale transactions, not from the retail sales of each book. As such, creating a great profit from book sales with a traditional publishing deal only becomes possible if you could market an incredibly high volume of books .
Residual Rights - The Real Jackpot?
This is a pretty difficult area, and it's one of the areas in which the unagented writer will constantly be fleeced. But it may surprise you to know that actually, even agented authors oftentimes don't do much better.
In addition to pocketing a vast chunk of the money acquired from selling book sales, publishing companies would much rather you didn't know that they deprive you of several great opportunities to earn money off your book in other ways.
That's what's called a red rag to a bull - I hate it when that happens! Just continue reading while I detail some things that may amaze you.
More Earnings If You Do It Yourself!
Most surprisingly, perhaps, is that you're likely to achieve a higher profit from the sales of your book if you get it up and running and out to your readers yourself .
It's pretty usual these days for a self published writer to take a return of around 75 % for each copy of their book that is sold.In fact, many writers obtain as much as a 90 percent profit margin in exchange if they're able to produce a bestselling book.
To put that in perspective, imagine you are able to publish a book at a cost of $3 to you and then sell it for $12. In this situation, every book you sold would put $9 in your wallet!
Does it amaze you to know that traditional publishing companies would prefer that you don't know that this type of profit is highly unlikely if you go along and trust them to publish your own book?
If you're getting 75% on sales of your own self published book , what do you get from traditional routes? Hold on to your hat - a conventional publishing company is unlikely to provide you greater than 12 % in royalties.
What's more, that 12 percent would come from wholesale transactions, not from the retail sales of each book. As such, creating a great profit from book sales with a traditional publishing deal only becomes possible if you could market an incredibly high volume of books .
Residual Rights - The Real Jackpot?
This is a pretty difficult area, and it's one of the areas in which the unagented writer will constantly be fleeced. But it may surprise you to know that actually, even agented authors oftentimes don't do much better.
In addition to pocketing a vast chunk of the money acquired from selling book sales, publishing companies would much rather you didn't know that they deprive you of several great opportunities to earn money off your book in other ways.
About the Author:
More details on making much more book sales and book publishing can be read more on my website: How to publish a cook book.
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