The Secret Hidden Revenue from P.O.D. Publishing. After years of negative experiences, I now have learned the hidden revenue secrets which are never shared with authors about P.O.D (Print on Demand) publishing. I feel all authors need to know the various strategies to publish a book before they jump into it with their eyes closed. It could cost them a lot of funds with little or no income in return. Traditional publishing could be the way to go if you could just find a publisher to read your manuscript. Just finding a publisher that will read one chapter in the book is difficult to do. You have to capture their interest using a one page query letter.
After tons of rejections, you get discourage and try to find a different way to get your manuscript in print. So now you've got researched all the different P.O.D. businesses and know what each one has to offer. Despite the fact that you will need to spend an enormous amount of money to get your manuscript in print, you really feel you will make the cash back in sales. The truth is that a few authors may possibly, but the majority doesn't ever recover their losses. Here are a number of problems with a P.O.D. publisher that you could run into. They may tell you that you will make anywhere from 35-50% off of net receipts when books are sold from their site. That sounds great towards the ear but here is how it will work.
Example 1: You select to sell your book for $12.00. You should btract printing cost first, which I know that a 200 page book would be around $3.50. But naturally, you, as an author, do not understand how that works yet, so the publisher could advise you whatever they want to. Let's say they tell you it'll cost $5.50 to print your book. So if the actual expense to print your book is $3.50 and the publisher quotes to you that it is $5.50. The publisher is profiting $2.00 off of every single book that you don't even know about; plus the huge amount that they are going to charge you to set up your book. And don't forget they still get 50% from the net receipts of sales too.
Example two: Let's say publisher pays you 50% of net receipts when your book sells on their website. Here is the math: retail - printing - 50% = your profit. $12.00 - $5.50=$6.50 $6.50 - 50% off =$3.25 is your profit Not too bad, right? But if you go back and read what the company offered it says 'profit from books sold off their website.' Ah, there's the catch. Well we all know that most books that sale online are sold on Amazon or Barnes & Noble. So how does it play out if your book is sold on one of those major online sites? First, you have to understand that all bookstore and online stores are offered discounts on books they buy through the publishers, which makes sense because book stores need to make a profit or they won't want to sell your book on their site. If Amazon sells one of your books, the printing co. sends it directly to the customer not the publisher. The P.O.D. publisher may choose to supply book stores and other distribution channels a percentage discount off of the retail cost. The biggest discount that could be given is 55%. What authors do not understand is the fact that these online book stores never ever need to order your books. They wait until a book sells and then the printing company automatically sends your book to the customer. Neither the publisher nor the bookstore ever touches your book. Turn-around time for a printer to print your book is only a day or two. This works out for everyone and this is why it is called 'Print on Demand.
Example three: Let's say one of your books sells on Amazon for $12.00. Your publisher has offered distribution channels 40% of retail price to list your book on their website. The retailer's price would be $7.20 (although he can actually list the book for any value he wants.) The printing expense of your book (according to your publisher) is $5.50 so that leaves $1.70 left. If your publisher pays you 50% of net receipts then your profit would be .85 per book. Here's the breakdown: On-line book store profit: $4.80 Printer's profit: $3.50 Publisher profit $2.85 Author's profit is .85 How do you actually know how many of your books are actually being sold anyway? You don't! Publishers can quote you whatever they want. You are just expected to believe that it is all legit, but as you see, you might be a little leery now.
So then you discover your books are being sold as used copies on Amazon and other online stores. You wonder how that is even possible when you've been told your book is not even selling and you're not making any money. So finally, you have enough of P.O.D.'s and choose to publish your book yourself, which is an excellent possible solution if you have income to invest. Be prepared to invest a lot of cash and do a great deal of research. Here are a number of tips in case you do go that route; the more ISBN numbers you buy, the cheaper it is. One ISBN number is $125.00. I also highly encourage Book Cover Pro software. You will need a PDF program such as Acrobat Distiller. You should also design an author's webpage and list your books on it. You can do blogging and advertise your books through social media.
With all the cons I have told you about publishing, still seeing your book in print may be the one pro that out weights all the cons. It really is one of the greatest feelings of accomplishments ever. I suggest not to go into it with your eyes close, do your homework first, and never give up on your love for writing. Now that I have talked terribly about P.O.D services, guess what my site provides? That's right - P.O.D. service! But I am not sugar coating anything to have authors publish with me. I am a Postmaster, so Fire Pit Creek Publishing is not my primary source of funds. I truly enjoy writing and publishing, and I want to give other new authors a chance to see their books in print without spending a lot. For more information on my services and the books I offer, please check out my website at. Thank you for reading my article. I hope that it has helped you in some way.
I sell my own suspensful books on my website and offer 1st time authors a print on demand publishing package for a cheap rate. Check out my website for more informationhttp://www.firepitcreekpublishing.com