According to Mindstir Media, With the rise in complicated printing techniques and other aspects, more and more authors are now trying their hands at self-publishing for launching their books rather than go from one publication house to another in search of getting their book published.
Further, self-publishing allows the author to have complete command over the revenue they earn from the book, which is way more than what they would have got had they worked with an established publication house.
Self-publishing is not a new concept and has been practiced even at the beginning of publication industry. However, it has gone through a lot of changes over the years and there are three well-defined practices which are prevalent now- the vanity publishing, subsidy publishing, real or true self-publishing.
Let us now look at each of these in more detail.
- Vanity Publishing – This is basically an uncomplimentary style of publishing, which involves the publisher signing a contract with an author without paying any heed to the content quality or the chances of the book making it big in the market. This type has been the given the name “vanity” because of the fact that the publisher is mainly looking to establish a name for the author. This self-publishing can be mainly observed in new writers who are looking to make a name for themselves in the industry.
Many writers and aspiring authors, even after knowing what vanity publishing is all about, make deals because their priority lies in getting a published book under their belt, rather making profits. They treat it as a springboard, which allows them an entry in the highly competitive writing industry. However, industry experts point out the fact that such vanity publications are bound to fail, as the content has not gone through the scrutiny of an independent body before being published in the market.
- Subsidy Publishing – This form of publishing is quite similar to vanity publishing. The only difference between the two is the fact that ‘vanity publishing’ involves the author taking care of all expenses while in the ‘subsidy publishing’; the publisher also helps with some of the costs of book publishing.
However, these services are offered only for a short time period and over a longer span of time, the publisher takes over all the rights of the book while the author is only given a royalty. Further, the subsidy publishing does not allow the authors complete freedom to express themselves and the publisher has the final word on many topics, such as the cover design and other similar aspects of production. For more information, you can visit here.
- True self-publishing – This is the best choice to make for all aspiring authors and is rightly the original form of self-publishing. Under this process, the author takes over all the aspects of the book- writing, publishing, marketing, distributing and storing the copies of his book. The author has complete rights over the book and it is solely his property, which is also registered as an intellectual property in the name of the author.