This is a reupload of a post from Instagram originally made in July of 2020 with some edits for improved clarity and accuracy. All ideas expressed are personal opinions based on my experience as a writer. Thanks for reading!
Traditional Publishing
- A business relationship; the author signs a contract and, in turn, the publisher prints, markets, publishes, and sells the book.
- Most writers need an agent to land a contract, although there are exceptions.
The Pros
- Professionals are handling the book.
- You gain additional exposure.
- You have more time to write since less time is spent coordinating the publication (compared to, say, self publishing).
- Little to no upfront costs.
The Cons
- Lower royalty rates.
- Less control, loss of some rights.
- Long process.
- Contracts can be complicated.
Independent Publishing
- Similar to traditional publishing, but with a smaller publishing house.
- An indie (or “small”) press can involve anywhere from one person to a team of professionals.
The Pros
- It is easier to publish without an agent, as it cuts out the middle man and avoids agent fees.
- There is a closer relationship between the author and the press.
- Indie presses are more likely to publish niche or experimental genres.
The Cons
- Less exposure.
- Authors often have to chip in.
- There is a higher personal financial risk.
Self Publishing
- The author is fully responsible for the entire process.
- The author uses platforms such as IngramSpark, Amazon KDP, Barnes & Noble Press, etc.
- You publish the book yourself.
The Pros
- Full creative control.
- Guaranteed publication.
- You don’t need an agent.
The Cons
- Exposure is next to zero.
- You are likely to find low financial success.
- You must cover all expenses on your own.
- There is a high personal risk.
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