It is surely a tough competition nowadays between self publishing vs traditional publishing. All the new and upcoming authors are seen struggling between the two options. Nevertheless, Auriate Publishing House has got you covered with a detailed explanation of both, Self Publishing and as well as Traditional Publishing.
What is a Self-published Book? Self Publishing Vs Traditional Publishing
When a book is self-published, it means the author is responsible for all aspects of production. You will be responsible for editing, cover design, formatting, releasing, and marketing your book if you self-publish.
It is not necessary for you to do all of these things yourself just because you are “in charge”! A professional editor, cover designer, etc. can help you out – but these services must be arranged and paid for on your own. When you self-publish, you retain ownership of your book’s rights and royalties, which is exactly why so many people choose this route.
What Is A Traditionally Published Book?
You release your book through traditional publishing by working with a third-party publisher. Traditional publishers manage editing, design, and marketing for your book. You will then be paid a small percentage of royalties if it is released under one of their imprints.
Traditional publishing essentially means exchanging your product for a publisher’s services and industry connections. Everything will be taken care of for you, and you will no longer have complete ownership!
Thus, it is understandable that Traditional Publishers select their books very carefully. After all, they are investing their own money in them. After all, they are publishing only the books that they think will be winners. As a result, they reject a large number of manuscripts and print a small fraction of them.
There is no problem with some books failing. However, if all their books fail, they won’t be able to pay salaries, so they’ll close up shop. Choosing great books is part of the job of traditional publishers. After they get to market, they refine them and make them better. Editing, cover design, and collecting praise from well-known people are all part of this process. They enter their books for awards because winning an award means more sales.
Simply because you must finance the process yourself, self-publishing is more expensive than traditional publishing. The money you make from self-publishing is yours, but it takes money to make it. Traditionally, the big publishing houses take most of your royalties, which is a disappointment if your book doesn’t sell.
2. Creative control
The primary difference between self-publishing and traditional publishing is creative control. Self-publishing is essentially about the level of control that you maintain over the entire publishing process. The benefits of self-publishing include determining your own costs and timeline, earning a high percentage of royalties after-sales, and marketing the product however you wish. With self-publishing, you have complete creative control – true to the self-publishing moniker, you get to do everything yourself! Creative control is one of the perks of self-publishing, but with great power comes great responsibility. Publishing traditionally varies, but generally, the final say belongs to the publisher.
3. Publishing Timeline
You have pretty clear choices when it comes to publishing timelines. Whether you want to publish in ten minutes or ten years, you can do so with self-publishing. Traditional publishing, on the other hand, is a veritable wasteland of documentation. It will likely take another year or longer before your book is actually published, even after you have climbed the ladder to success and gotten acquired by a publisher – again, a process that can take years.
You can self-publish if you want to publish quickly, or if you’d like to do it on your own schedule. You’re prepared to deal with the traditional publishing timeline if you don’t mind waiting years – and you’re willing to accept that your book might never be published.
4. Reader Exposure
Most traditionally published books are able to reach mainstream audiences fairly quickly because traditional publishers have more connections. It may take longer for self-publishing to gain readers, but they will stick around.
5. Literary Prestige
Traditionally published works enjoy literary prestige. Although self-published authors should keep in mind that book prizes aren’t the only determinant of success, they’re certainly helpful.
Currently, the vast majority of authors choose self-publishing as it is more feasible and personally satisfying. Don’t let that stop you from giving traditional publishing a try if that’s always been a dream of yours! You’re free to query agents and explore different publishing options, and if you ultimately decide to self-publish anyway, you can do so at any time. Quality matters most, no matter what path you choose. Your book must be of the highest quality. You can market and package your book all you want, but if it is not a good read, it won’t sell.