Self Publishing - Why self-publish?
Over the last ten years the publishing industry has undergone
rapid change, driven by business pressures and multinational
companies. The result has been a double-edged sword. On
the one hand, there are more books being published now
than ever before, and at a price that in real terms has
decreased significantly. Driven by large companies, the
Net Book Agreement fell several years ago, leaving the
book market open to increased competition from new markets
such as supermarket chains and other non-bookseller stockists.
The result has been that publishers' margins on sales
are now tiny, so the publishing industry has had to do
some 'rationalisation' to avoid meltdown.
As a direct result, there are now fewer major publishing
companies in the UK, and those that do exist concentrate
on publishing high volume titles that have a proven track
record, or publishing books by big names, TV tie-ins,
and the like. So, more titles are being published but,
paradoxically, there is less opportunity for new authors
to get that elusive publishing contract. And in an industry
already over-subscribed with submissions from would-be
authors, that has created a black hole for most writers
intent upon publication.
But there are other options. We've all heard of vanity
publishing, where an author pays to have their own work
published. Our advice is, DON'T! A vanity
publisher will (a) tell you your book is the best thing
since sliced bread even if it isn't, in the hope that
you will sign up with them, (b) charge you over the odds
to design and typeset your book, (c) promise to print
copies of your book "to meet market demand",
which because (d) they undertake no marketing, results
in very few copies of your book appearing at all. They
also pay you a small royalty (typically 5--15%) on sales
actually made while keeping the rest for themselves. NOT
a good deal.
But there is a third way. Publish it yourself. It might
seem daunting, but like anything, publishing simply involves
a range of skills and know-how which can be acquired with
some little effort. The range of skills is wide, however;
everything from design through print buying to marketing,
so most people who opt to publish their own work employ
the services of a company such as Matador to do the work
for them.
What are the advantages? First and foremost, you retain
control over your book at all stages of the production
process -- what text style to use, the cover design, the
cover price, the book's size, the number of copies printed...
you have the final say on everything. That's not to say
that you're left to it -- far from it. At Matador, for
instance, we offer advice and guidance all the way, working
with our authors to achieve mutual satisfaction. In addition,
by publishing your own work, you retain the copyright
to that work, which is important if you want to try and
sell your book on to a commercial publisher at a future
date, for instance.
Self-publishing is also a more appropriate means of publication
for some types of book. Personal memoires, local histories,
poetry, children's stories, special interest subjects
-- all are well suited to going down the self-publishing
route as they all have relatively easy to reach markets,
or are intended for personal use only. Modern printing
technologies now allow you to print just one copy of your
masterpiece for personal use, 30 copies to give to family
and friends, or 100 copies if you want to inflict your
work on everyone you know at Christmas time! Seriously,
though, there's no limit, upper or lower, to the number
of copies you can produce.
With self-publishing you can also pick and choose what
you want to do yourself and what you want to farm out
to a company such as Matador. If you're artistic and want
to design your own cover, no problem. If you want to sell
your work through one or two local shops and are happy
to arrange that, then fine. If you are adept at producing
attractive looking text, then you can typeset you own
book. Want an honest third-party critique of your work
but don't want to commit to publishing just yet? We'd
be happy. A reputable company offering to assist you in
self-publishing should be able to offer you some or all
of these services.