5 Big Mistakes Authors
Make When Self-Publishing
(And How to Avoid
Them)
by Diane Eble
Self-publishing a book is growing more
and more common these days.
It may in fact be the only way new authors can get
published.
There are lots of reasons for that. Commercial publishers
are pulling back on the number of books they are publishing.
They are less willing to take risks on new authors. In fact,
increasingly they are looking to successful self-published
authors rather than first-time authors who approach them.
Technology also makes it more attractive to self-publish. No
longer do authors have to order thousands of books upfront,
just to be published. (Requiring a huge minimum order is a red
flag that you're dealing with the kind of company you want to
avoid.)
"Print on demand" technology means the book does not need to
be printed until it's actually sold. An author's upfront costs
need not be astonomical, nor do authors need to be stuck with a
garage full of books they may or may not sell. (Publishers
themselves are using POD technology for the same reasons.)
Given these realities, self-publishing can make a lot of
sense, especially for first-time authors.
However, self-publishing is full of potential traps.
If you've ever done a search on Google for 'self-publishing
companies," it gets even more confusing. The top search results
are from self-publishers themselves, who of course will attempt
to woo would-be authors with glowing promises. Many make it
sound as if they offer the services similar to traditional
publishers, when nothing is further from the truth.
Into this mix comes a welcome book by Mark
Levine, The Fine Print of
Self-Publishing: The Contracts & Services of 45
Self-Publishing Companies--Analyzed, Ranked and
Exposed.
Now about to be released in its Third Edition, the book does
authors a great service in ranking some of the most popular
self-publishing companies, exhaustively going into the finer
points of each company's contracts and ranking them in terms of
how author-friendly their terms really are.
In a recent interview
with Mark, we discussed the five biggest mistakes authors
make when looking into a self-publishing company.
Mistake #1: Not knowing who the book is really
for. As a book publishing consultant, I can't
tell you how many times people say, "My book is for everyone."
It may be, but "everyone" is simply too big a category.
Think about your own book-buying habits. What persuades you
to buy a book? Aside from the number 1 persuader--a
recommendation from a trusted source--don't you go by which
author appears to solve the particular problem you have? If you
had a self-help book you wanted to publish, would you be more
likely to buy a book called "How to Successfully Publish Your
Book" or "How to Successfully Publish Your Self-Help Book"? You
might argue that the first title would appeal to every author
who wants to self-publish a book, but in fact, a more targeted
title and book will outsell the more generally targeted
book.
Whether you self-publish or go with a traditional publisher,
knowing your audience is key. A commercial publisher won't even
consider you if you don't have a clear, demonstrated audience
for your book. However, when you self-publish, you are free to
write an unmarketable book. Nobody will stop you. You'll just
be stuck with a garage full of unsalable books.
Mistake #2: Unrealistic expectations as to how many
books you really can sell. Yes, all authors want
to be the next big blockbuster phenomenon, but unrealistic
expectations could make you vulnerable to spending too much
money, especially in cases when you pay less per book if you
order large quantities. So what if you pay $5.60 per book for
1000 books instead of $7.80 for 500? You're still out $5600
instead of $3900, and now you have to figure out how to store
and sell 500 extra books.
Mark Levine says of his own expectations, "I'm happy if I
can go out to dinner at a really nice restaurant once a month
on the royalties for my book." A book can be a lot of things: a
means of commanding higher speaking or consulting fees, an
introduction to your knowledge that you can sell in other, more
profitable ways. But in itself, a book is not the most
profitable way to earn income.
Which leads to ...
Mistake #3: Not expecting to invest
in marketing (time or money). In researching for
this article, I was surprised at the number of people who
warned against self-publishing because "they will not market
your book." As if traditional publishers do. Yes, good ones
usually do some kind of launch, but they concentrate their
limited marketing dollars on authors they know will sell. Any
author needs to accept full responsibility for promoting his or
her book.
Traditional publishers now demand it. They won't even
consider authors who are not interested in marketing their own
book. Self-publishers don't demand it, of course. Some will
offer marketing packages, but be very careful and very clear
about what you will actually get for your investment. But do
expect to invest something--if not money, then "sweat equity"
in terms of getting the word out.
Mistake #4: Not getting your book professionally
edited and designed. Personally, the biggest
giveaway to me that a book is self-published is the interior
design. Amateurish artwork, sloppy layout (especially in terms
of narrow margins), and unproofed copy will kill sales. A
retailer (bookstore pro) can usually spot such a book and will
reject it. A potential reader may not be able to put a finger
on exactly why a book doesn't appeal, but an
unprofessional-looking book will be passed over.
You simply cannot skimp here. Get professional editors (a
content editor and a copy editor--they are two separate things)
to edit you. And a professional book designer to design the
exterior and interior of your book. Make sure these people work
with books, not other products.
Mistake #5: Getting published by the wrong
publisher. There are good publishing companies
with fair terms--and quite the opposite. The biggest way
publishers gouge authors is in the printing markup, Mark Levine
says. "Anything more than 15 percent markup on printing is
simply not acceptable, unless you know what it is for and don't
mind paying more than you should.'
To find a good publishing company, do your homework well.
Don't be afraid to ask the publisher tough questions (this is
how Mark Levine researched his book). Ask other authors their
experiences, but be aware that they themselves may not have
known there's a better way than what they chose.
Self-publishing can be a wonderful way to get your message into
the world--or a sinkhole of time and money with disappointing
results. With eyes wide open and the right knowledge, you can
make your dream of becoming a published author come true.
Your Next Steps ...
1. You can ask Mark Levine
your own question about self-publishing, and hear
his answers (either live or recorded, depending on when you
access this).
2. Listen to the
interview on which this article is based.
3. Get Mark Levine's book,
The Fine
Print of Self-Publishing: The Contracts & Services of 45
Self-Publishing Companies--Analyzed, Ranked and
Exposed, so you will know exactly what each company
does, and what to look for in a good self-publishing
company. (Will save you lots of money and frustration!)
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