Self-Publishing: The Pros and Cons
In the past couple of weeks two newsworthy events have occurred in the self-publishing universe. The first was when, as I reported in an earlier blog, thriller writer Barry Eisler walked away from a $500,000 advance to self-publish his next novel. The second was when self-published bestselling author Amanda Hocking signed a $2 million four-book deal with St. Martins.
The Hocking deal inspired the post “Advice for Amanda Hocking From Authors and Agents” on book editor Alan Rinzler’s Blog. As the title implies, Rinzler asked several authors and agents to put in their two-cents-worth about whether the deal would help Hocking achieve her main goal, which she said was to concentrate on writing rather than split her time between writing and publishing duties.
I won’t summarize the post here. It is a good one, and I recommend that you read it, especially if you’ve flirted with the idea of self-publishing. But I will make a few comments about some of the pros and cons that were mentioned.
- The success of any book, whether you publish it yourself or through a traditional publisher, requires that you commit a great deal of your time to promote it. While it is true that publishers may pay for things like book tours, it is also true that not every book will have a hefty promotion budget – or even a small one. That depends on decisions made in the board room. But if an author tells his or her publisher, “I want to concentrate on writing; you handle the promotion,” that author’s book will probably be put on the list for a skimpy promotion budget – if it gets one at all – and may even make the publisher less likely to release future titles from the author.
- With self-publishing you control the look of your book – the cover art, the cover copy, the book design, etc. But if you’re comfortable leaving those duties to others, traditional publishers generally do fine design work.
- Traditional publishers have the weight to get their authors wider distribution than if they self-published. To some extent this may be true, especially with printed books; however, services like Smashwords publish books in a variety of digital formats for a variety of digital reading devices. You can buy Smashwords books from Barnes & Noble, Amazon, Sony, and Apple. You can even buy them in PDF to read on your computer. That’s a lot of distribution. Plus, any book that has an ISBN number (which Smashwords provides) can be special-ordered, in case you create demand for your book in areas where it isn’t available (this isn’t a problem for e-books).
- Self-publishing is faster, which is good if you’re impatient. Most traditionally-published books take at least a year – and may take up to two years – to appear in print. A book published through Smashwords will populate its distribution channels in a matter of weeks.
It may seem as if I’m jumping on the self-publishing bandwagon. That’s not entirely true. Like Amanda Hocking, I would take a traditional publishing deal if it felt right for me; however, also like Hocking, I would not give away the rights to books I had already published, and I would retain the right to self-publishing other books.
It may also seem as if I’m promoting Smashwords. To some extent that may be true. My book, The Moaning Rocks and other stories, is being published by Smashwords because I investigated the company and liked what I saw (and so far I’ve been pleased with my experience). My novel In Human Form will follow shortly. Smashwords is also up-front with writers; they say that although some of their books have sold lots of copies (Amanda Hocking’s among them), some authors haven’t sold a single book. It all comes down to how well the author can promote his or her work and how good of a writer he or she is.
But that’s true of traditional publishing as well.