FINANCIAL MODEL PUBLICATION MODEL SAMPLE COMPANY HOW IT WORKS ADVANTAGES DISADVANTAGES COST
NON-FEE
PUBLISHERS
Traditional Publishers Random House, St. Martins, Schusters Buy rights, pay royalties (and often advances) from sales. Positive cash flow, they do all production, design, publicity, take all risks. You give up your rights, editorial control. Hard to get accepted. Long time-lapse. No cost except your promotion and submission expenses.
Small POD Presses Bewrite, Whiskey Creek, Samhain Buy rights, often for short-term contract, pay royalties from sales. Positive cash flow, they do most production, design, take all risks. You give up editorial control. Requires pre-formatting manuscript. Need to get accepted. Long time-lapse. Author handles all publicity. No cost. (Some charge set-up for paperbacks)
"Instore" Programs CreateSpace, Kindle Works (often eBooks, short fiction, or pdf's) are contracted for direct outlet sale. Quick turnaround. Direct sales, no middleman. Limited to one outlet (such as amazon) and often to non-paper format. No cost to writer.
SELF-INVESTED
PUBLISHING
"Vanity" Houses Dorrance, Vantage, Publish America You pay them to design, print and publish your book. Extra services by fee. No acceptance problem, fast turnaround, they handle everything. High costs of books, no distibution, no prestige or reviews. $1000-4000
Lulu.com Lulu (unique service) You submit MS, they print and make available for purchase. Free to cheap. Easy to get a book out, and on amazon. High book prices, no prestige in lulu imprint. Free for basic book. ISBN etc, $100 and up.
POD "Publishing Services" Lulu, Aventine, Booksurge You pay them to design, print and publish your book. Extra services by fee. No acceptance problem, fast turnaround, they handle everything. Fast, web-based. High costs of books, no distibution, no prestige or reviews. $200-$1600
POD Self-Publishing LightningSource, Replica You pay, they produce a book. All prep, marketing, publishing is up to you. Cheapest POD prices, no minimum runs, fast turnaround. No ISBN, not quality control, no hand-holding. Varies per project...much cheaper than POD "service" companies.
Press-Based Self-Publishing Bethany, Courier, You send them your job (camera-ready or on pdf files), they print it on web presses. Lowest costs per unit. Requires purchase of long runs of books. Requires preparing original, all quality control is by author. Varies by project. As low as a dollar a book. But that still means thousands of dollars for job.
"eBooks" Many. Or self-created. Books created on word-processing or publisher programs are "authored" to disks or specialized files for eBook readers. Easy, dirt cheap, easily sold. Limit to prices, not yet a popular way to read books. Can be produced free on any computer. CD's cost pennies.
PDF Downloads Self-created. Word processer or publisher files are "printed" to pdf files which can be read on any computer. Free to produce. Easily distributed by download. Can contain elaborate artwork at no cost. Limited popularity for pleasure reading. Virtually free.
LaserPrinted Self-Publishing Kinkos, Office Depot Book is xeroxed, and cheaply bound. Fast, almost overnight. No minimum runs. Little learning curve. Local availibility. High unit cost, low quality look. Under a dollar for a 100 page pocket book.
"PodCasts", mp3 Downloads Self-created. Oral version of book are produced for listening on computers or mp3 players. Almost free to produce. Not difficult to produce. Easily distributed by download or CD. Requires voice recording, not popular for many types of book. Almost free.