Good Morning all. Being a newbie at the WordPress thing, bear with me please. (and Nancy can just ignore the comment I sent her)
I thought I’d take on an issue close to my heart, electronic publishing mostly called e-publishing. E-publishing has been around for a while, but has really taken off in the last 5 years or so.
There are a few myths of e-publishing that seem to be pervasive. One is that it is a type of vanity publishing. Generally, no (although several places like LuLu now offer a e-publishing option). I, and other authors like myself, submit my work to a publishing house, who accepts it or rejects it based on their editorial preference and whether the book meets their standards.
Another myth, is there is no money. That does hinge in part on whether your book sells, but generally, you get paid. Most E-houses do not give advances, or if they do, they are a few hundred dollars. However, the royalties split between you and your house is often much more favorable to the author. Depending on the house you can make between 30 to 50% of the cover price of your book. Now, yes I could self publish and take much more, but I don’t have to worry about things.
Third, people say the books aren’t edited. While I have run across some poorly edited books out of e-houses, generally you have a pretty good editor assigned to you. Like any publisher you work through various drafts, tweaking here and there and tightening up the final product. Once the book is in final form, the editor assigns it to a cover artist for a book cover and production staff who format the book into various download forms (PDF, MicrosoftViewer, MobiPocket) and then puts it into the catalog. They upload to distributors and your book goes on sale.
People ask if I will ever see my books in print. That depends on the e-publisher. Some do not offer print at all. Others will take their highest sellers (of appropriate length) into print publication. Now that can mean anything form only making it available through Amazon and such on a Small Run basis, or a distribution contract through Borders (which one of my houses has).
Now e-publishing does mean the author has to go out and market. But I have friends who are with traditional Brick & Mortar houses (some of them with the proverbial 5 figure advances)… and they have to go out an market. Books don’t sell themselves (a few will). The e-publisher, self-publisher, and traditionally published writer are all out there stumping their books.
If you want more information of E-Publishing you can check out EPIC