Showing posts with label pros and cons of self-publishing. Show all posts
Showing posts with label pros and cons of self-publishing. Show all posts

Tuesday, July 25, 2017

What IS Hybrid Publishing?

Hello and welcome to the J.Q. Rose blog! 

Today we're discussing hybrid publishing and all the possibilities for publishing your book. Let's discuss this idea by leaving comments below. We'd like to hear how you publish your book(s) and your opinion on hybrid publishing. We can learn from each other's experiences. If you haven't published a book yet, what are your plans for publishing?



The Definition of Hybrid Publishing

The term, hybrid publishing, is used in two instances.

1.      Mark Coker, founder of Smashwords defines hybrid authors as “one who publishes books both with conventional publishing (traditional publishing) and who also self-publishes.”

2.      The second definition is when an author uses a company which will allow the author to pick and choose services such as book cover design, editing, formatting, distributing, etc. She Writes Press for women writers or Bookbaby are examples of companies who provide these service menus.

k    Let’s begin the discussion about hybrid publishing using Mark Coker’s definition--“one who publishes books both with conventional publishing (traditional publishing) and who also self-publishes.”
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What are the advantages of using both traditional and self-publishing?
Traditional publishers benefit from self- published authors because they can sign authors who have stretched their writing and publishing muscles to complete a book. They have learned about distribution and marketing and established an audience of readers through self-publication.
Indie authors can supplement their income because they reap a bigger royalty percentage as a self-publisher.
A word of caution: you aren’t going to make a ton of money on self-published books and an author needs to sell at least 3000 e-books for a traditional publisher to look at your work.

I come from the retail business world where the saying is you can’t sell out of an empty cart. I believe the more books you have on your amazon page for sale, the more books you will sell. If a reader likes your book, then she’ll return to find more of your writing no matter how the books have been published.


Self-publishing
The stigma attached to self-publishing books is fading due to the improved quality of the ebooks and the fact that well-known authors are doing it too! The MOST IMPORTANT advice I can give you is to write a really, really good story to attract and keep readers, edit thoroughly, and wrap it all up in an attractive professional looking book cover.

Self-publishing pros and cons
PROS
+Hone writing and marketing skills
+Build your platform (your brand)
+Royalties up to 70% on books from $2.99-$9.99 on amazon
+No printing costs for e-books-(Createspace told me to expect to spend at least $400 when publishing a print book)
CONS
-You are in charge of making all the decisions and doing all the work to get the book into hands of readers.
-You need a network of people you can depend on to shout about your book to the world.
-Most self-pubbed books sell only about 50 books.

If you are interested in learning more about self-publishing, here are two books that have been helpful to me.

Mark Coker’s Guide Smashwords Style Guide - How to Format Your Ebook FREE and Crush It on the Kindle by Michael Thomas

Kindle Direct Publishing (KDP) has a lot of information on their site for formatting and uploading a Kindle ebook.

Do you have resources that have helped you? Please share them in the comments below.

Traditional publishing pros and cons
PRO
+You don’t pay for anything. The publisher takes care of cover design, editing, formatting, and distribution. 
+You will still have to do the marketing, but you have a network of authors who will help you spread the word about your book on their blogs and social media.
CON
-The publisher will take longer to get the book ready for publication. 
-Royalties are less.

Hybrid Author for you? Here are a few examples how authors use this model.

1.      Each author will have to decide for herself what is best. I started with the traditional publisher and have kept my mysteries there and then chose to self-publish non-fiction titles.

2.      Another author may want to self-publish first to get her name known, develop a network, and gather readers—all of which may attract traditional publishers who could offer a contract for your writing. Publishing a short story or information guide related to one of your books and making it permanently free is a good way to attract attention to your books.

3.      A third author may have a contract with a traditional publisher for print books, but self-publish his e-books by not giving up electronic rights to the books. It’s much cheaper to publish an e-book when compared to publishing a print book.

Whatever you decide, research any publisher first. Vanity publishers can charge you outrageous amounts to get your book out. Be sure to understand charges and services before you sign up for a vanity publisher. 

Successful hybrid author Hugh Howey offers 3 questions to help you make a decision.
1.      What are you willing to invest? (Consider both time and money)
2.      What do you want from your writing career?
3.      What should you expect?

Every author is different and will approach publishing in their own way.
Will you consider becoming a hybrid author? Why or why not? I'd love to read your thoughts on this discussion of hybrid publishing. Please leave a comment below. 

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Wishing you all the best in your writing career! J.Q. Rose

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Meet the author. Discover great reads. Win prizes!
This Friday, July 28, mystery author Marsha R. West takes her seat in the Readers Circle. Please come on over. There's a chair in the circle reserved for you.

Click the cover to check out Crush It on the Kindle by Michael Thomas










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