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CHARLIE’S CHOICE
Weekly Tips to Help YouWrite,
Publish & Promote Your Books
POD- A WORTHY PUBLISHING ALTERNATIVE,
BUT BE SURE YOU KNOW WHAT YOU’RE GETTING
To the average person publishing a book means placing it under the umbrella of one of the major publishing houses. But there are several very effective alternatives to the traditional mode, and choosing one requires no more than recognizing which will best serve the specific needs of the book you have written.
Up until fairly recently there were few options. But with the development of digital printing technology, a new and comfortable world opened up for authors. It meant that presses were now available to handle runs of any length from as little as ten copies to runs of thousands.
Never before had it been cost effective to print less than at least 1,000 copies at a time. That meant beginning writers often sat with garages or basements full of dust-covered books they weren’t able to sell. The simplicity of the technology also made self-publishing far easier.
It also heralded the birth of a new category of publishing company, one that took advantage of the ability to print as few or as many books as an author might need and to fill in with additional short runs to meet future demand as it developed. No more excess books collecting dust.
Publishing on demand (POD) is a unique approach that is particularly useful for newcomers eager to publish their first book, but unable to attract a traditional publisher and not skilled enough to attempt to self-publish. Once looked down upon by the industry, POD has gained respectability through the awards its writers have captured and the inclusion of an increasing number of their books on the best seller lists.
Making Life Easy
When you contract with a POD house, you no longer must worry about the myriad chores of preparing your book for market. The house formats your manuscript to the page. It designs a professional-looking cover that is shown to you for your approval.
The house obtains copyright, Library of Congress cataloguing, barcodes and, of course, an ISBN (International Standard Book Number). A word of warning, however. In almost every case, the POD house obtains the ISBN in its own name, not the author’s. The owner of the ISBN is the final controller of the finances of the book. While the POD advertisements you read indicate that you, the author, control everything related to your book, you soon discover that’s not so.
Understandably, the house charges a flat fee up front to accomplish all of these chores, print your book and make contact with a major distributor or wholesaler to handle it. Usually the fee is not exorbitant. However when it comes to pricing your book and determining your royalty, the house, not you, sets its share of the profits, and it is usually ridiculously high.
The following chart was produced by a major POD house for a 300-page paperback. It should make all of this clearer by showing you the wide discrepancy between the income the publisher derives from sales and the minuscule return left for the author. That's in addition to the initial production fee the author paid to the publisher. The author is “graciously” given the choice of three levels of royalty payments, but unless the tiniest royalty is selected, the retail price will never be competitive because the publisher will not reduce its disproportionate share of profits.
BOOKS SOLD ON THE POD HOUSE'S WEB SITE
| Royalty % to Author |
50% |
30% |
20% |
10% |
| POD House Web site Price |
$17.50 |
$12.50 |
$11.50 |
$10.50 |
| Payment to Author |
$ 8.75 |
$ 3.75 |
$ 2.30 |
$ 1.05 |
BOOKS SOLD THRU RETAILERS
| Royalty % to Author |
15% |
10% |
5% |
| POD House Web site Price |
$18.95 |
$15.95 |
$14.95 |
| Payment to Author |
$ 2.84 |
$ 1.95 |
$ .74 |
Despite the wide discrepancy in the share of profits, POD houses do offer a valuable service, not available just a few years ago when very costly vanity presses dominated the self-publishing world. It is an option welcomed by beginners and by those persons who seek only very short press runs for distribution essentially to family and friends.
Since major publishing houses no longer subsidize promotional activities, even some experienced authors have begun to consider POD as a possible alternative. However, most shy away when they discover the royalty schedules.
Choosing Your POD Publisher
The number of POD houses has grown exponentially over ten years, creating a fierce level of competition. The benefit of that competition has been the elimination of many of the charlatans that populated the industry in its infancy. Most of these quick-buck operators could not survive as potential customers were able to choose from increasing numbers of legitimate competitors.
POD houses offer a variety of deals. But they are all businesses and while the vast majority ore highly ethical, the bottom line rules. Key points to check before signing a contract include:
Who owns the ISBN?
What are the formatting requirements for submission?
Which distributors or wholesalers does the house use?
What is the return policy on unsold books?
In addition to receipt of the initial production fee, what percentage of sales does the house keep?
Go to your favorite search engine and enter “POD Publishers.” You will bring up a number of sites that discuss the pros and cons of specific houses and of the industry in general. Some of these are very helpful. Select the handful of houses you wish to consider, and study their sites with great care.
Request any brochures they offer, and be sure to get a copy of their contract. Once you’ve reviewed and compared the companies, don’t be afraid to contact their sales staff and ask questions. Don’t accept any generalized statements that appear on the web site or in your conversation with a sales person. Pin them down.
For example, I mentioned above that the holder of the ISBN controls the finances of the book. Despite that, a number of POD companies will state that you, the author, control all aspects of the book production. That’s true. But the way it’s presented the unsuspecting author believes he/she controls everything. If you don’t hold the ISBN, it just ain’t so when you get to the stage of distribution, sales and royalties.
Some of the more respected names in the industry are Author House (formerly First Books and now merged with Iuniverse); Xlibris (a partner of Random House ventures); and Infinity Publishing, which prides itself on giving the greatest degree of control to its authors. Interestingly, as of this post, Author House and Iuniverse still maintain independent web sites.
Pricing
The initial fee advertised by POD houses usually ranges from approximately $399 to $699. Find out whether the fee increases if the number of pages in the formatted book is above a preset maximum. Once you know the fee for your book and the percentage of profit the house takes on sales, you can estimate what the retail price of your book will be.
As you saw from the chart above, the cost of POD publishing creates a retail price well above the competition unless the author is willing to accept a very minimal royalty. Go back to the pricing chart to fully understand this key point. The price also precludes the possibility of bulk sales to airport stores, discount chains, pharmacy chain stores and other mass users who demand very substantial discounts.
I strongly urge you not to purchase any of the promotional programs offered by POD houses. They are priced independently of the basic fee. Most of them involve little more than a generic press release or printed bookmarks and/or postcards. Future articles will discuss handling the promotion of your book, and show you how you can promote it far more effectively at little more cost than you would pay the POD house. And your neighborhood printer can probably supply the bookmarks and postcards for less as well. Just be sure to get a digital of the cover artwork from your POD publisher to give to your printer.
The task of choosing POD technology is a matter of deciding whether it is worth receiving a relatively low return financially to have the comfort of a professional staff moving your book from rough manuscript right through to distribution. It’s a very interesting trade off, and authors will vary widely in their response. POD has become a major factor in the book publishing world today, so give your decision very careful consideration.
Next week we’ll look at self-publishing, the third alternative for publishing. See you then.
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