Self-publishing is when an author publishes their work without a traditional book publisher, retaining control of all creative decisions, publishing costs, and royalty profits. Self-publishing has been around for centuries. But within the past few years, it’s evolved into a multi-billion dollar industry that empowers all writers to take control of their publishing dreams.
What’s the Difference Between Self-Publishing and Traditional Publishing?
Many authors find themselves weighing the pros and cons of self-publishing vs. traditional publishing. While both offer many benefits, self-publishing lends itself to more creative control, as well as faster publication time and a higher percentage of royalties.
The Benefits of Self-Publishing
Publish Your Book on Your Terms
When you choose to self-publish your book, you have the independence to decide every step in your publishing journey, including:
- What type of editing your book deserves
- Your book type and format
- Your book cover and interior design
- Where your book is distributed
- How your book is promoted
Faster Publication Time
Self-publishing authors can have their books published and for ready sale within weeks of completing their manuscript. Traditional publishing can take anywhere from 18-24 months to reach the marketplace.
Higher Royalty Payments
Authors that publish traditionally generally receive between 12-20% in book royalties, depending on whether your book is a paperback, hardcover, or an eBook. Self-published eBooks can earn between 60-70% in royalties. Printed books can earn up to 50% when sold directly to readers.
Self-publishing a book proves you have what it takes to become an author on your own. Many authors have used their success as an independent author to gain the interest of traditional publishing houses.
What Types of Authors Use Self-publishing?
Self-publishing is right for anyone that wants to publish a book. This includes photographers and artists, chefs and cooks, entrepreneurs and business professionals, educators and field experts, public speakers, graphic novelists, and writers of all fiction and non-fiction genres.