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Topic |
Publish
|
Small pub. |
Large pub. |
Vanity |
|
Payment & Terms |
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|
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|
Advance |
Nominal $1 |
Varies from none to c.
$3,000 |
Almost always at least
$3,000. $5,000 to $20,000 not uncommon,
even for first-time authors. |
None |
|
Copyright registration |
Author registers at own
expense |
Publisher registers at its
cost |
Publisher registers at its
cost |
Varies |
|
Royalties |
8% of net, not retail. While they have a sliding scale, no PA
author has ever achieved enough sales to reach any higher category. |
Varies widely, but almost
always higher than 8% of net. |
Usually paid on retail, not
net. |
Varies |
|
Author copies |
2 is the contract standard,
but individuals have negotiated up to 5.* |
Varies widely with
publisher and genre. 5-25 is common. |
20-50 is common. You can negotiate more. |
|
|
Author’s ability to examine
sales records |
None |
Exact numbers sold at any
time. You or your accountant may review. |
Exact numbers sold at any
time. You or your accountant may review. |
Exact numbers sold at any
time. You or your accountant may review |
|
Royalty period |
Semiannually |
Usually quarterly |
Almost always quarterly |
Royalty period |
|
Sales |
|
|
|
|
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Sales History and
Expectations |
Less than 100, most to the
author. 1,100 titles have no sales at
all. |
The publisher’s breakeven
requires between 1,500 and 5,000 |
A book usually needs to
sell at least 5,000 copies with minimal returns to break even. |
Whatever the author buys,
usually less than 200 copies. None to
readers. |
|
Best Sellers |
The current record stands
at 5,200 copies (unverified) |
Breakout success possible;
titles occasionally hit NYT Best-seller list. |
Tens of millions |
None |
|
Principal Buyers |
Over half of PA’s books
sell to the authors, providing 75% of their revenue |
Readers |
Readers |
Authors |
|
Distribution |
|
|
|
|
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Bookstore distribution |
Whatever the author
arranges, although PA’s distribution makes it a difficult sale |
Whatever the publisher
arranges |
National, widespread |
Whatever the author
arranges |
|
Discount to retailers |
Ranges from 5% to 20% |
Varies |
40% or higher |
Varies |
|
Payment terms |
Up front |
Up to 90 days |
Up to 90 days |
Up front |
|
Return Policy |
Conditional upon 5%
discount |
Offering returns are an
industry standard method of encouraging initial reseller purchases |
Offering returns are an
industry standard method of encouraging initial reseller purchases |
None |
|
Foreign distribution/rights |
Fewer than 10 titles out of
17,000 have sold foreign rights |
Foreign rights can be a
lucrative addition to a books’ sales |
Foreign rights can be a
lucrative addition to a books’ sales |
Doesn’t usually seek other
rights |
|
Marketing |
|
|
|
|
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Reseller Catalog |
None |
Yes |
Yes |
None |
|
Full-time sales staff that
sells books to bookstores |
None; bookstore sales are
not as profitable as sales to authors |
Varies |
Yes |
None; bookstore sales are
not as profitable as sales to authors |
|
Author marketing support |
None |
Varies, but almost certain
to include books |
Books, print materials such
as flyers, signage |
None |
|
Pricing Strategy |
Earn as much as possible
from author purchases through high prices |
Modest markup based on
limit print runs |
Sell as many books as
possible at reasonable profit |
Earn as much as possible
from author purchases through high prices |
|
Publicist |
PA doesn’t employ
publicists |
|
The publicist works with
the author to develop and implement a marketing plan. |
None |
|
ARCS (review copies) |
None from the publisher as
default. Up to 2 copies in a few cases
at PA’s expense. |
A small number at the publisher’s cost |
A large number at the
publisher’s cost. |
None from the
publisher. |
|
Reviewer reception |
Many reviewers do not
review POD titles by policy. |
Depends on the size and
reputation of the publisher |
All are read; most are
reviewed in visible publications. |
Many reviewers do not
review POD titles by policy. |
|
Book signings, interviews,
etc. |
All at author’s expense |
Author support increases
sales |
If potential sales merit
it, the publisher pays for book tours, arranges interviews, etc. |
All at author’s expense |
|
Trade publication ads |
None |
Carefully-targeted ads on a
case-by-case basis |
Standard part of the
marketing plan |
None |
|
Trade Show Presence |
None |
Selective |
Large publishers anchor
these trade shows and are a key part of them |
None |
|
Production Quality |
|
|
|
|
|
Binding & printing
quality |
Fair |
Good to excellent |
Top of the industry |
Fair to Good |
|
Cover art |
Mass-purchased clip art;
not unique to the author |
Professionally designed;
unique to each title |
Professionally designed;
unique to each title |
Varies |
|
Copy editing |
None or detrimental |
Professional quality |
Professional quality |
None |
|
Content editing |
None |
Professional quality |
Professional quality |
None |
|
Other Considerations |
|
|
|
|
|
Library of Congress catalog
description |
The LOC refuses PA books
because they are POD. |
The LOC number is standard
and facilitates orders |
The LOC number is standard
and facilitates orders |
Offset print books might
receive LOC description |
|
Writer solicitation |
PA continuously seeks new
writers through Internet ads |
None. Submission guidelines are on the website
and in writer’s publications like Writer’s Market |
None. Submission guidelines are on the website
and in writer’s publications like Writer’s Market |
A consistent expense that
vanity publishers maintain because they make money off of writers |
|
Manuscript selection |
Accepts anything |
Highly selective but
willing to address smaller markets |
Highly selective. Only wants material with broad appeal |
Accepts anything |
|
Film & other
adaptations |
PA hasn’t sold any movie/tv rights out of 17,000 titles. |
The publisher actively
markets film & TV rights. |
Many books are optioned
right away. A few are filmed. |
Doesn’t seek other rights |
|
Permissions for copyrighted
material |
Doesn’t even read the
material they print |
Seeks permissions from
copyright holders |
Seeks permissions from
copyright holders |
Doesn’t even read the
material they print |
|
Strength of credit toward
next publication |
None |
Varies with size of publisher
and sales record |
Depends on relative fields,
but almost always strong |
None |
|
Author’s efforts sell… |
90%+ |
1-5% |
0% in most cases |
100% |