Whether you book publish your own a course in miracles, try book publishing on demand, or try traditional publishing, you should look into the details of the deal before you leap. Your print or ebook is soon to be finished. You wonder if you should try to get an agent to represent you to the publisher. Maybe you’ve already sent out your query letter to some agents. You dream “how great it would be to be taken under a publisher’s wings.” What’s wrong with this picture? Even if an agent has given you the go and asks for a book proposal that has specific marketing information in (it takes three-seven months to write), you still have to face reality.
Are you willing to wait on the traditional publishing process 2 years? Are you willing to accept around 2-5% of the profits? Do you realize that after a few months of one initial book tour (of which you must pay all costs from your book sales), you are on your own? And, if you don’t put a lot of time into promotion, your book will fade away within 2 months from the brick and mortar book store shelves. All unsold and coffee-stained books left will be returned, and the cost is deducted from the author’s royalties. Unless you are a favored celebrity or famous author, publishers put little time or money into your book’s promotion. Without that benefit, why go this way?
Who says you can’t publish your own book? It will certainly cost you less than you imagine, under $1000 for a print version and close to nothing for your eBook. Self-publishing will bring you all the profits. It will put you in charge to make suitable and favorable writing, publishing, and promotion decisions.
With a little help from professionals! These entrepreneurial experts such as book coaches, book designers, and eBook specialists can guide you through publishing success. These people may give teleseminars, small group coaching experiences, and other inexpensive ways to learn the ropes. These pros will shorten your learning curve too, so you get the right help right away to write the right book right away.
When you think you still have to promote your books, even with a publisher, why not keep most of the profits and do some of the work yourself? Learn from your bookcoach’s experiences, “Do What You Do Best -and Hire the Rest!” (That doesn’t mean you can’t barter for services). Check out the methods below and see which one suits you best, is more rewarding, and far more profitable.
In self-publishing, you are the boss. You get to choose the cover, the style, the layout, the message, even the format (eBook or Print Book). Since you are the one enthused about it, you will be able to capitalize and can promote far better than many publishers. In self-publishing, who do you think can sell your book the best? You, the passionate author in love with his or her book, or the rookie publisher’s employee in charge of publicizing your book?
1. Hire the Publisher/Printer yourself to just print your book from your word file. POD companies like Deharts.com do short runs from 1 – 2500 books. They will put your files into Portable Document Format (PDF) to sell on your web site or another site you choose to sell your books. A complete explanation of these opportunities are included in the How to Write your eBook or Other Short Book–Fast!
Referred to as POD, many companies who say they are POD Publishers are really printers. With a company like Deharts, you keep all of your book’s rights. This method helps you make much more profit from your effort and you will get your book out to the buyers so much faster, making faster profits. The turnaround is around 6-8 weeks ( instead of the traditional publisher’s two years) so it pays to plan ahead. A $15 book may cost $4-$5 to print for a small run of around $100 . Your book coach recommends you print only what you can sell in three-four months. These you can sell at the back of the room or on your own web site and make $11 each book. When you order 500 books, the price drastically drops and your profit rises.
The upside of this choice? Some will list you with Ingraham, one of the largest book distributors in the U.S., linked to most bookstores. For a fee from $750-$1000, these companies will give you an ISBN number if you plan to sell your book on someone else’s web site. They will offer your book at their site among the other 25,000 titles. They may list you in BooksinPrint.com, and some will format your book. The downside? Check to see if you need these services. You don’t need an ISBN # if you sell from your own web site. You probably won’t sell your book in a brick and mortar book store. (because it’s not where your audience goes for you book’s topic-They go online to buy) Think about your book and where your best market is. Opinions from Dan Poynter, John Kremer, and myself say, “Bookstores are a lousy place to sell books.” Walk ins are not looking for an unknown author’s book.
Be aware these sites list books, but don’t promote or market them. They give you a 100 words description. That’s usually not enough to show you the reasons to buy this book. Your coach recommends you write a sales letter for your site, and a shorter one for email promotion. If copy on their site doesn’t sell your book, you could have taken that money to be listed there to make your own one-page book web site you can get designed by a pro for around $500. Then, you can get targeted free traffic to your web site with advanced article marketing and use social media like Facebook and twitter to partner with.
