Self Publishing Your Own Book When Should You Consider It

Self Publishing Your Own Book: When Should You Consider It?

Self publishing your own book is one of the publishing industry's dirty little secrets. Mainstream publishers, editors, and authors easily dismiss self publishing and print on demand publishing as a rip-off for both the writer and reader. After all, if the writer was a real writer then they could find a real publisher, right? That has been the conventional wisdom for a long time but in today's modern, technological society that conventional wisdom does not always hold true. So who should consider self publishing?

Real writers should consider self publishing. Published authors often find themselves placed in a prison of their own making. Once they have achieved even modest success in a specific niche it is often hard to break out of that niche and publish something different. However self publishing gives authors control over their own writing so they can change direction or genre if they choose. Published authors who have taken some time off from their writing often find it just as hard to return as it was to break in initially. They can often easily parlay their experience and audience into a successful self publishing career. Finally, writers who have an idea that does not fit neatly into one of the major publishing houses slots may find self publishing their only alternative. Just because it doesn't fit into a neat slot doesn't mean your book doesn't have great potential -- think about Diana Gabaldon and J.K. Rowling.

Control freaks should also consider self publishing. Once you sign your baby over to a major publisher then you lose control of your book. The publisher can slap a horrible or inappropriate cover on it, change its name, or even alter the main characters. Your name will go on the book but what is published may be drastically changed from your original creation--and not always for the better. Think it won't happen to you, or that you won't care as long as you get the royalty check, then think again. I can tell you that I still cringe whenever I have to claim a book I published in 1998. It's not the book that makes me want to crawl under a rock--but the cover and title the publisher slapped on it.

Money grubbers should also consider self publishing. While the independently wealthy may consider their art reward enough the rest of us need to eat and pay the mortgage (not to mention buy paper and pens) so money does matter. And of course, we want all our hard work to be rewarded. In our capitalist society that reward should be monetary. While self publishing may require you to put up some of your own money and traditional publishing will instead offer you an upfront payment, the final balance sheet will tell you a much different story. The initial advance from a traditional publisher will be small (unless you are Stephen King) and may be the only money you receive for your book for a long time -- and perhaps ever depending how your book sells. Any book royalties you receive will be for a small percentage and will be spread out over years to come as well as held ransom for book returns. The final indignity is that your book's sales depend greatly on the promotional effort your publisher puts into it. The ugly truth is that the publisher does not much care about your baby and will rarely put any extra money, manpower, or thought into how to promote your book. Most midlist and lowlist authors conduct (and foot the bill for) their own promotion. At least when you self publish you know you will be on your own and you can factor that into your budget.

If you are a real writer, a control freak, or a money grubber (or perhaps some combination) then you should consider self publishing your own book.

BONUS : Selling Your Books In Bulk

Have you ever dreamed of selling your book to a large corporation? A sale that would register several thousand copies of non-returnable product on the book sale meter? What's that? You've never thought of it, you say? Well, never fear! It's not too late to pursue this avenue, especially if you have a book ripe for a particular market.

Before you embark on this project, it's important to understand the possibilities out there. Start being aware of incentive items you might see and understand how they are used. Many are offered as consumer gifts or incentives while others are used as training tools or morale boosters for employees.

Some examples of premium sales might be:

• Books offered at yearly company sales meetings

• Books offered to consumers at a discount (consumers are usually asked to send in product UPC's to qualify for these specials)

• Books offered to new customers at financial institutions

• Books offered to new home buyers

• Books offered to new magazine subscribers

To determine the market segment you want to go after, study your book first for obvious clues. If you've mentioned or recommended companies or products in your book, those will be the first tier you'll want to go after. Next, think about the message of your book and how it aligns with particular companies within that industry. Company web sites and ads will offer great clues when trying to match a company or organization up with your book.

If you're going after the magazine subscriber bonus segment, you'll have a bit more flexibility. Generally, if the book fits the reader demographic and aligns itself with the message of the magazine, it will be considered. For example, you might offer a home organization book to Good Housekeeping or a fitness book to Self or Redbook. Before you approach these magazines, read them for about three months so you get a good sense of what they're about and who their audience is.

If you're going after a particular market and are trying to locate companies within that industry, try doing a Boolean search in Google. Your search should look like this: "your industry and companies." Another resource is http://www.thomasregister.com. This site will link you to companies nationally and internationally within your industry.

Next, don't overlook companies in your own backyard. Think about industries, companies and organizations in your area that might work well for your book and begin going after them. Many times, local companies will welcome the opportunity to support hometown authors.

Once you've put your list together, you'll want to contact them and pitch them the idea. Or, in some cases, our company will send them the book and proposal before we even make phone contact. Sometimes the companies you've targeted will be on the lookout for incentive items, other times this will be a new (and exciting) area for them. If you're going after employee incentives, it's interesting to note (and mention in your sales letter) that employee incentives increase individual performance by 27 percent and team performance by 45 percent.

Be open and creative with your pursuit of premium sales! Many times, companies will want to put their logo on the cover or include an extra page in the book with a letter from the President or CEO. Check with your printer or publisher on whether this is possible for you and what the additional costs will be before you start pursuing the premium sales arena.

So, how long does this process take? We've seen premium sales turn around in a week, while others take a year or more to complete. Oh, and the most important part... how many books can you plan to sell? Anywhere from one thousand to several thousand depending on the deal and the company. We've even got a deal in the works for a half a million copies of one book.

Discounts and negotiations vary. Often, we'll negotiate volume discounts of 50 percent to 70 percent on bulk orders. Again, make sure you've got these figures ready when you pick up the phone to make your pitch.

With the right book, premium sales are not only a great way to gain exposure of your book, but in the end, they make great "cents."