This post, by Mari Selby of Selby Ink, was originally published on The San Francisco Book Review site on 12/5/13.
When Selby ink was founded 15 years ago publishing a book followed a routine process: You started by calling agents and editors who most likely told you to send them a query letter. Next step was usually a book proposal (if they were interested), plus a few sample chapters. Then the waiting game started, usually ending with disappointment. On the other hand, the option to self-publish was there, but it had a certain stigma…like your book wasn’t good enough for a “real publisher”. And eBooks were unknown!
When we see the sales figures for a self-published book like The Shack we realize that times have changed. Today self-publishing is not only popular, but often it’s the preferred publishing path of many respected authors. As long as your book is professionally produced, with an eye-catching cover and compelling content, you can directly compete with any bestselling author.
Thinking about publishing your book in the New Year? Here are my seven best reasons to self-publish your book:
1. Timing: Traditional publishers work on a long production cycle, they often plan a year to a year and a half—or even longer—to get a book out. As a self-publisher you can do it in a fraction of that time. It’s your material, your career move – you can take control of when you want to publish.
2. You Just Might Strike It Rich: Self-publishing offers the potential for huge profits. No longer do you have to be satisfied with the meager 5 to 15 percent royalty that commercial publishers dole out. When you use creativity, persistence, and sound business sense, money is there to be made. Most publishers require their authors to do their own promotion, why not self-publish and earn a 40 – 400% margin? If your book becomes a hit, publishers will come calling and give you the upper hand in negotiations.
Click here to read the rest of the post on The San Francisco Book Review site.