Another Traditional VS Self-Publishing Blog

There’s a blog I recently read of an author’s (I’ll link it right here). Back in 2009, this author tracked his eBooks, both self-published and traditionally published, on Kindle. He compared his pricings over a six month period and here’s what his statistics showed.

Traditional Published

Sell eBook at $4, sell 550 copies, get $340

Sell eBook at $6, sell 200 copies, get $600

Sell eBook at $8, sell 150-180 copies, get $340-380

The author was paid per eBook from his publisher, who was paid by Amazon. Amazon made a profit, so his publisher got a fraction, and the author got a fraction of that fraction, ranging from 3 cents to $3 per book. No real promise there.

Self-Published

The author sold his eBooks at $2 and got anywhere from $630 to $3600 for each book. That beats every category of traditional publishing. It’s because Amazon promised 35% royalty for self-published eBooks. He states that he would’ve made $15,000 more if he had his other books under his self-published name during that six-month period. That’s incredible.

But I wanted to revamp this blog for it’s almost a decade old, and I’d like to point out an even better advantage to using Kindle Self-Publishing. They now offer 70% royalties with some drawbacks; you have to restrain from selling your eBook over $9.99 (if you sell under the usual 35% royalty, this doesn’t apply; you can go up to $200) and no less than $1.99 (if you sell under the 35% you can sell it under that). Also, if you want to sell your hardcover copy, it must be 20% greater than the price of the eBook, at least.

If this author had 70% royalty back in 2009 (through traditional publishing, we knew the sweet spot was $6 per eBook for him anyway) he could’ve sold each of his eBooks at $6, sold his hardbacks for $7.50, and would’ve been losing a lot more than $15,000. Just saying.

What do you guys think? Thanks for reading! I have to get back to my little writing sprints now.

WritingMime

Where you can find my books: http://www.amazon.com/Brista-Drake/e/B00YZGC792/ref=ntt_dp_epwbk_0

YouTube Channel: http://www.youtube.com/user/writingmime

Instagram: https://www.instagram.com/writingmime/

Goodreads: https://www.goodreads.com/user/show/22704883-writingmime

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Timeline of Book Writing

1-5 years before: Writing your manuscript
It doesn’t matter how long it takes, as long as it’s to your liking.

1-5 years before: Building your following
Post on Twitter, Tumbler, or even Facebook. If you don’t have any of those, now is the best time to make one. People will follow you based on their curiosity and interest in what you do. Just remember to always be updating them and always be true to yourself.

AFTER WRITING YOUR MANUSCRIPT, PICK YOUR DUE DATE AND COUNT DOWN

One month before: Find an editor
Now that your manuscript is finished, you want to find an editor. It’s pretty simple if you know what you’re doing and takes about a day. Look for a wide variety of editors by searching the web. But never go for the cheapest your final draft (you get what you paid for). For more tips on finding an editor, here’s a link.

 One month before: Coming soon trailer
You want to have people dying to read your book before it’s out. A coming soon trailer will show minor details of the book, but not spoil the entire thing. The trailer can be anything you want it to be; it can show quotes from your book over pictures or you can narrate a small part to the audience. Here are more tips on how to make a book trailer. The best time to work on a book trailer is when your manuscript is being checked over by an editor.

One month before: Making your book cover
Just like your trailer, you’ll want to spend the time away from your manuscript making a book cover. You’ll want a nice cover that appeals to the target audience. If you don’t have artistic talents, don’t worry; have a friend do it or hire a professional.

After your book cover is finished, see if your distributor will advertise your books release date for pre-orders.

When you get your manuscript back from the editor, make your final touches.

A WEEK BEFORE

Here is where you need to do the most work, in my opinion.

Depending on how much money you want to put into distribution, take the following as seriously as you like.

Visit your distributor’s site and see if there are any programs you can sign up for to get pre-reviews before releasing. These are free reviews of your book that will show up in your reviews where readers can find your book. Best of all, you can make changes right before publishing.

Maybe have an early release date for hard-core fans, or give away 50 free copies depending if you have a rather big audience.

1-3 days before: Make your Out-Now book trailer
Change your previous trailer a tad bit, change the Coming Soon to Available Now, and presto chango, you have yourself a new trailer. You can release this the moment you have your book out if you like.

Go tell your followers and promote your book now!

1-2 years after: Traditional Publishing
If you want to go beyond self publishing, you’ll want to find a traditional publisher who might find your success profitable. Keep sending your book to different publishers until one accepts you. You’ll get it – I know you can!

Thanks for reading,

WritingMime

Where you can find my books: http://www.amazon.com/Brista-Drake/e/B00YZGC792/ref=ntt_dp_epwbk_0

YouTube Channel: http://www.youtube.com/user/writingmime

Instagram: https://www.instagram.com/writingmime/

Goodreads: https://www.goodreads.com/user/show/22704883-writingmime

How to Find Proof Editors

Your manuscript is completely done. You’ve spent every waking moment for the last month writing you’re first draft and now you want to edit. Do you do it yourself first? Try to? I would say don’t. You’ll never get past the first chapter.

Let other’s give you advice before you do. And here are some ways to do that.

1. Search editors and proof readers through Google, Twitter, or anywhere else that allows you to see a portfolio of their past work, their ratings, and their occupation.

One of my favorite occupations to look for is another novelist, not only because they can relate, but because on Amazon.com, you can read their first chapters from their novels and judge their writing style. Professional proof-readers and teachers are common to see, too. Double-check their portfolio to make sure they’re what they say they are. If they say they can edit your work, but have grammatical errors throughout their work history and profile description, they’re lying. That, or they haven’t bothered to double-check their own profile, so why would they double-check yours? You’re smarter than that, which is why you must do some double-checking of your own.

To know exactly what you’re paying for, make sure to ask your critiquers if they have a program where they can leave in-line remarks next to words or paragraphs without changing the original text. Their comments will instead sit to the side.

They’ll ask for a synopsis, an excerpt from your work, a word count, and they’ll quote a price for editing your manuscript. You may then choose whether or not to hand it over. They can have it back within the week, most of the time. Prices vary, but usually it’ll add up to $500-$1000.

2. Use free and newer ways to get opinions on your book.

Wattpad is a site that is designed for readers to view stories chapter by chapter, from stories authors publish on the site for free. This is not saying you can’t take it down and republish it somewhere else. This site is usually used to get a fan base. I include it in this list because it has an in-line feature where all readers can leave comments every paragraph throughout the story if they choose. They usually won’t correct grammar or spelling, but they are swell beta readers.

3. Using Elance.com or PeoplePerHour.com (I prefer PeoplePerHour), you can find inexperienced editors and use them to your advantage.

Since most of these people on these sites are trying to build a reputation so to have their own websites, like editors you see in #1 above, they’ll edit manuscripts at dirt cheap prices. Elance editors usually edit an entire manuscript at once, like the ones above except for a lower price. On PersonPerHour, it’s per every number of words they can usually do in an hour. They’re lenient when it comes to going over word count to finish a paragraph. I buy at least three to start out.

To clarify, I purchase someone’s 5000 words edit for $18 (277wpd), 1000 words for $10 (100wpd), and 2500 words for $13 (192wpd), totaling in at $41 for the first two or three chapters of my book. This is a spectacular way to justify exactly what I’m getting for their $18 or $10, even if one of them is one fifth as many words as the other.

I can see how my manuscript could be critiqued in many different ways. Whichever one does the best job, I believe is worth the most loyalty, even if theirs is the highest rate (remember, those rates are still pretty low anyway). I continue with them for the rest of the book. Surprisingly, I’ve had better revisions with lower priced editors more often than I have with higher priced ones. All I had to do was waste $10 with that other guy. It was worth it.

If I didn’t fall in love with an editor, I finish editing those few thousands of words the three of them helped me with and then move on to the next thousands of words with different editors. The prices never go up, so I often rotate through the circle of endless editors.

How to Make Your Editing Experience Better

Let’s say you do go the amateur editor route. Giving your amateur editor some advice makes all the difference, even if it’s more to their benefit. Let’s say you contact them first telling them you want to work with them.

“Where can I pay you?,” you ask.

And they say, “Well thanks, just click the blank and I’ll accept it soon.”

Stop them right there. Politely point out the right thing to do would be to make sure they appear protective of their client’s best interest. They must always ask for a synopsis and word count before accepting anything and try to get to know the piece they’re going to be working with.

Explain to them exactly what you want to see them trying to do with their comments. I tell them I have problems with run-on sentences and I have a way with making paragraphs read too proper, with my ‘they will’s and ‘I could’s. I ask them to point these out so I can change them to ‘they’ll’s and ‘I’d’s. I ask them to offer me advice on how to shorten my sentences where the need be. I teach them everything I know about critiquing, because I’m helping myself in the end. They’ll thank you for your advice, too.

How to Pick Your Two Editors

If you’re one of those people who need two critiquers during the entire process, here’s how to do it. Choose your favorite editor and then that one annoying person who points every little detail out. The favorite editor is self-explanatory. The annoying one is there to pick needles from a hay stack. Though their rambling sounds unsupportive, they’re usually the ones who notice unobvious mistakes and are the ones who will make a sentence better. Whereas the good editor provides the work with space to speak for itself, avoiding nitpicky situations. (That’s probably why they’re your favorite.)

In the end, if any of your editors did a bad job, just give them a bad review. As long as you did all you could to help them help you, they couldn’t have done any better with the background they said they had, clearly. They’re not professionally ready for this line of work and shouldn’t be advertised as such using your outstanding reviews.

One reminder: If you pay for any kind of proof-editing, always ask if they’re currently working on a project. Are they going to have time to read your work? If they don’t get back to you in a timely fashion, which is a couple hours to a day, they’re probably too busy for your liking.

Thanks for reading,

WritingMime

Where you can find my books: http://www.amazon.com/Brista-Drake/e/B00YZGC792/ref=ntt_dp_epwbk_0

YouTube Channel: http://www.youtube.com/user/writingmime

Instagram: https://www.instagram.com/writingmime/

Goodreads: https://www.goodreads.com/user/show/22704883-writingmime