Self Publishing VS Traditional Publishing (& which you should do) | Summary and Q&A

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March 7, 2019
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Self Publishing TV
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Self Publishing VS Traditional Publishing (& which you should do)

TL;DR

This video discusses the differences between traditional and self-publishing, including responsibilities, costs, and potential earnings.

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Key Insights

  • ๐Ÿ‘ป Self-publishing allows for complete control over the publishing process, from writing to marketing.
  • ๐Ÿคณ Self-published authors need to hire professionals for tasks they cannot handle themselves, such as editing and cover design.
  • โœ‹ Self-published authors earn a higher percentage of royalties compared to traditionally published authors.
  • ๐ŸŽฎ Traditional publishing offers the title and prestige of being traditionally published but involves relinquishing some control over the book.
  • ๐Ÿคช Traditional publishing requires finding an agent and going through multiple approval processes, making it a longer journey to publication.
  • ๐Ÿ‘ถ Traditional publishing houses provide some marketing support, but new authors still need to do the majority of the marketing themselves.
  • ๐Ÿงก Traditional publishing advances for new authors range from five to fifteen thousand dollars upfront.

Transcript

Oh what's up everyone Bella here your favorite content creation specialist over at self-publishing school and today we're gonna be talking about one of the biggest decisions you will make as an author and that's whether or not you should pursue traditional or self-publishing there's major differences between the two and thanks to technology just bl... Read More

Questions & Answers

Q: What is self-publishing and what responsibilities does it entail?

Self-publishing is the process of independently publishing a book. As a self-published author, you are responsible for tasks such as writing, editing, cover design, and formatting.

Q: How much does self-publishing cost?

The cost of self-publishing varies depending on the services you require. It is recommended to research and find professionals within your budget for editing, cover design, and formatting.

Q: How much do self-published authors get paid?

Self-published authors keep the majority of their royalties, typically around 60 to 70%. Amazon takes a percentage for distribution, but self-published authors earn more compared to traditionally published authors.

Q: What are the advantages of traditional publishing?

Traditional publishing offers the prestige of being traditionally published. It involves extra steps like finding an agent and getting approval from publishing houses, but you have less control over the process.

Summary & Key Takeaways

  • Self-publishing involves publishing a book independently, taking on responsibilities such as writing, editing, cover design, and formatting.

  • Self-publishing costs vary but can be managed by hiring professionals for editing, cover design, and formatting.

  • Self-published authors keep a higher percentage of royalties and have more control over the marketing and sales process.

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