Thursday, 17 November 2011

Finding Your Own Publishing Path



Today Stephen Tremp talks about publishing and why he chose his current path.

Hi everyone. Thanks for stopping by. And thanks Diane for hosting me! Today I’m discussing why I’ve gone the self-published road rather than hooking on with a publisher.

Of course, I want one of the New York Big Six (Hatchette Book Groups, HarperCollins, MacMillan, Penguin Group, Random House, and Simon & Schuster) to publish my books, or at least one of their subsidiaries.

But I feel that with publishing, it’s all or nothing. Perhaps I’m missing the point. But I’m not sure what a mid-level publisher can do for me. After querying hundreds of agents and publishers for my novel BREAKTHROUGH, I received interest from a number of mid-level publishers. At first, I was very excited. However, after listening to their pitch, I realized signing on would not be a win-win situation.

Example: First, I would have to do most if not all the marketing and promoting. Isn’t that what self-published authors do? Second, I would have to sign on with them for three to five years (depending on the mid-level publisher). I don’t want to give up that control, unless it’s with one of the New York Big Six. Third, why give someone else a chunk of my money when I’m doing all the work?

I admit I made the terrible, horrendous, bone-headed mistake of originally paying over a thousand dollars to have iUniverse publish BREAKTHROUGH. The problem here is iUniverse makes their money by selling services rather than selling books, and selling books is the name f the game. And their services, from the initial sign-on, to editing packages, to marketing packages (that can cost $7,000 to place your book on a shelf with hundreds of other books at a book fair) are an outrageous rip-off.

I finally woke up and smelled the coffee and left iUniverse for CreateSpace, which was free and gives me a far larger profit than iUniverse could ever do for me. I’m too embarrassed to state what I made off each sale with iUniverse. Needless to say, my commission is far higher with CreateSpace.

Okay, so I’m still querying agents and subsidiaries of the Big Six in hopes someone will pick up OPENING. But I’m under no false illusions. I’m doing just fine self-publishing with CreateSpace, thank you very much. The market has shifted so much the past few years. Little guppies like me swimming in a vast ocean of published and self-published books and ebooks can actually be somewhat successful.

Example: I can buy books directly from CreateSpace for less than $6.00 (including shipping) and sell them for $10.00 - $12.95.  Out of the back of my SUV, to local books stores, and through family and friends across the country and around the world. I’m even working with scores of hotels up and down the southern California coast to carry my book on consignment. And I’m working with the vendors who place books in grocery stores, airports, and pharmacies like Ralph’s (Krogers) and Walgreens. So there is a lot I can do on my own to sell my books at a very mice profit.

How about you. Are you with one of the New York Big Six or their subsidiaries? How about a mid-level publisher? Or are you self-published? I’d like to hear your story and how you got to that place. Again, thanks for stopping by!

Thanks, Stephen! I learned the hard way about subsidy presses such as iUniverse, too. We learn and move on!

Visit him at his blog, Facebook, and TwitterPurchase Breakthrough at Amazon and Smashwords

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