Pros & Cons of Traditional Publishing
- All information has been taken from a article at The Creative Penn. For the full article please visit it here.
Traditional publishing is when an author submits a book to an agent over a period of time, usually a number of rejections and the (hopefully) being accepted. The agent then submits the manuscript to publishers with usually alot of rejections and then (hopefully) a contract is signed. The book then goes through more edits and is eventually published.
Pros of Traditional Publishing
- Prestige, kudos and validation. Most authors suffer from self doubt and wonder whether their work is good enough. If you make it through the system it usually means that your story is pretty good.
- Print distribution in bookstores is easier. This is what traditional publishers excel at. Sale reps go around stores and make it very easy for buyers to choose what they like. Books usually only last a month on the shelf unless they are perennial buyers.
- Work with the proffesionals. Editors, cover designers, formatters and (possibly) marketing help is usually provide as part of the contract.
Cons of Traditional Publishing
- Very, very, very slow process. Writing the book will be the same but it then takes a year or two to find an agent, anothher to get a publishing deal and then likely 6 months - 18 months untill the book is launched.
- Loss of creative control. You give this up when you sign the contract. Many authors get book covers, titles and marketing angles they're not happy with.
- Low royalty rate (not alot of money for you). Royalty rates come between 7% - 25%, averaging at 10%. So alot work and very little pay.