Here’s your chance to earn more royalty with self-publishing
[Approximate Reading Time : 3 mins]
As you contemplate whether to pitch to a publisher or take the self-publishing route, one key aspect that you should bear in mind is royalty. In simple terms, it is the percentage that the author receives on the listed price of a book. While the choice is entirely yours, you should consider the advantages that self-publishing offers.
Besides having complete control over your work and flexibility to distribute, it is worth weighing your options in terms of how much money you can make through self-publishing.
You may have heard that conventional publishing houses pay royalties in advance, which sounds lucrative. But the industry has drastically shifted. Given the intense and aggressive competition and disrupting business models, most publishing houses pay a pittance in terms of advance royalties. Also, the usual percentage ranges from approximately 7% to 15% or sometimes maybe a bit higher depending on the publisher. But effectively it is a lot less than what you can earn via self-publishing.
Although receiving money upfront can be a strong lure, as an author you are leaving a lot of money on the table, that you can claim if you self-publish. Now let’s consider what you can earn if you publish your book on your own. Despite the basic production cost, you get to earn up to 100% royalty and keep the entire profit after expenses to yourself. That is a pretty compelling factor for any author. With self-publishing, you not only have the guarantee of getting your book published but also earn significantly higher royalty/revenue than with a traditional publisher.
BUUKS has not only simplified the publishing process for indie authors, but you would be delighted to know that you get to keep 100% of your royalty. Wondering how to get started? Talk to us and we will answer any questions you may have and guide you through the process.