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Can You Make Money Self Publishing On Amazon

Heidi Thorne is a self-publishing advocate and author of nonfiction books, eBooks, and audiobooks. She is a former trade newspaper editor.

traditional-publishing-after-self-publishing-what-you-need-to-know

A member of my Twitter community asked how self-published books are viewed by traditional publishers. His question is one that I've encountered several times from authors in my network who hope that their self-published books will be picked up for republication by a traditional publishing house. Or they hope that their books will be good enough so that they will be considered by a traditional publisher for future book writing contracts. So I figured it's time to discuss traditional publishing after self-publishing.

It's the Market, Not Your Book

I can only think of one self-published author friend who earned a traditional publishing contract. She got that deal because of what she was able to offer the publisher: An active social media following of, literally, hundreds of thousands of followers on Facebook, YouTube, Twitter, and more. Your following is also known as your fan base or author platform.

Notice in this example that I didn't say she had a book manuscript or previously self-published book to offer the publisher (even though she probably could have offered both). She had a built-in market. Traditional publishers want a market and the money that it could bring them, not just another manuscript! They get a lot of manuscripts for consideration already.

How can you show that your book has a market? If your self published book has a significant amount of actual and potential sales, that might be attractive to a traditional publishing house, although that is not guaranteed. Even more attractive might be a substantial following in your field or genre (translation: potential book buyers). The greater your existing following, the lower the potential marketing cost for the publisher. Be prepared to show them sales reports and research, as well as your social profiles for proof of your sales and author platform claims.

Traditional publishers want a market and the money that it could bring them, not just another manuscript!

— Heidi Thorne

It's Too Easy to Self-Publish

Authors who self-publish know that it takes a lot of work to get a book done and into the marketplace. But when compared to what it used to take to do this, today's self-publishing is easy . . . almost too easy. And traditional publishers know that.

So merely having done a self-published book may not carry a lot of weight when a publisher is considering you for a book contract. But, as discussed above, your sales and social media proof could be an attractive selling point.

Who Owns the Rights to Your Self-Published Book? (Not a Crazy Question)

Also, be aware that traditional publishers will probably need to verify the copyright ownership of your self-published book. Some "self"-publishing services may have exclusivity clauses in their agreements with authors, which can put major restrictions on the future of your book. If your book is under an exclusive contract, the prospect of republishing your book could be of less interest to a traditional publisher since it could take legal action to wrest it away from the original publishing group or service. Even worse is that you might not even be able to move your book to another self-publishing platform or service.

Be aware, too, that traditional publishers often want first rights to your book. So republication of your existing self published books may not be of interest unless you offer some extraordinary market value or potential.

Lesson: Always understand your rights before signing on to a self-publishing platform or service and always consult an attorney to clarify your publishing rights, restrictions, and responsibilities when working with publishers and agents.

Thinking About Traditional Publishing? Think Ahead!

If you're thinking of self-publishing with the hope that it will translate into a traditional publishing deal, realize that your self published book is not an automatic "in" with a publishing house. You'll need to prove that your proposal has value and future sales potential.

Here are additional things you need to think about:

  • Know what publishing houses require prior to approaching them with your book idea or self-published book republication proposal. Publishers may post their requirements on their websites or in guides such as the current edition of the Writer's Market. Do your homework!
  • Don't expect a traditional publishing deal to come to you. Getting a book deal is a sales effort that could require making networking connections within the publishing industry.
  • Understand the pros and cons of self and traditional publishing paths before launching headlong into either. Clarifying your goals for writing and publishing a book will help determine which path is the right one for you.

This article is accurate and true to the best of the author's knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.

Questions & Answers

Question: I got tired of looking for a book deal, and self-published my non-fiction book on Amazon just for the hell of it. The customer reviews suggest that my book is even better than I thought. Now I feel OBLIGATED to promote it. I hate any self-promotion. Do you have any suggestions?

Answer: I think you have to ask yourself why you hate any kind of self-promotion. If you don't promote it, who's going to do it?

Another question is how much do you want to invest in building an author promotion platform on social media or a personal website? This is an investment! If you don't have the personality or time to do this, then you'll be frustrated and will quickly quit.

Read More From Toughnickel

Something else to consider, if it's a Kindle eBook, is Amazon Marketing Services ads. I've written a few articles with tips so that you don't overspend on advertising. But it's an option if you don't want to do the whole PR thing.

Question: I self-published my book at the end of 2016. I haven't had lots of sales, but I have a lot of publishers contacting me saying it qualifies for traditional publishing and saying they want to promote it. I don't understand why. I don't have a large following on social media, so I am only guessing they want me to purchase some kind of promotion services. Why other than my purchasing promotional service would publishers want to promote my book? Does something happen after a certain amount of time?

Answer: While it might feel good to be contacted about your book qualifying for traditional publishing, some of these contacts may be scams that, as you've noted, want you to purchase some promotion services. I would say not to fall for it and thoroughly investigate these offers, with the help of an attorney, before buying in.

© 2016 Heidi Thorne

Heidi Thorne (author) from Chicago Area on May 14, 2018:

True that, Kramseyreader! And I've heard the traditional publishers don't even do a lot of marketing after the book publishes. So, like you, I choose to do it myself.

Thanks for chiming in and have a great week!

Kramseyreader on May 10, 2018:

Traditional publishers have way more competition from indie authors than they used to! Traditional publishers have always seemed to attractive to me, but it's kind of ridiculous to think that the only way to be picked up by one is doing the thing you went to them for in the first place. Marketing! It's like, if I can market myself why do I even need you? I could keep the majority of my profits.

Heidi Thorne (author) from Chicago Area on December 28, 2016:

Aw, thanks for the sharing, Flourish! Happy New Year to you, too!

FlourishAnyway from USA on December 28, 2016:

I'm back to Flip, G+, and Pin this wonderful article. Happy New Year!

Heidi Thorne (author) from Chicago Area on December 28, 2016:

Hi MsDora! Glad you found it useful. Hope you had a great Christmas. Thanks for stopping by and Happy New Year!

Dora Weithers from The Caribbean on December 28, 2016:

Heidi, your article is very helpful. You make us see what really counts in attracting a publisher. Thank you.

Heidi Thorne (author) from Chicago Area on December 27, 2016:

You're welcome, Asif! Thanks for stopping by and Happy New Year!

Heidi Thorne (author) from Chicago Area on December 27, 2016:

Thanks for stopping by and commenting, Larry! Happy New Year!

asifahsankhan on December 27, 2016:

Thank you for this! : )

Larry Rankin from Oklahoma on December 27, 2016:

Very interesting overview.

Heidi Thorne (author) from Chicago Area on December 27, 2016:

Hi Billybuc! Yep, the truth can be disappointing. But better to live in reality. Thanks for stopping by today! Have a great last week of the year!

Bill Holland from Olympia, WA on December 27, 2016:

This is so important for writers to understand. I agree with the publishers, it is much too easy to self-publish and really doesn't mean a thing in the publishing world...and quite frankly it shouldn't mean much. Thanks for tossing out the truth, and Happy New Year.

Heidi Thorne (author) from Chicago Area on December 27, 2016:

Hi Flourish! Thanks for reading and sharing. Hope you had a delightful Christmas and a Happy New Year ahead. Cheers!

FlourishAnyway from USA on December 26, 2016:

Excellent information and advice that completely makes sense. Publishers want the built in market because it'll save them money and resources. You're such a pro. Will share this when I return to my PC.

Can You Make Money Self Publishing On Amazon

Source: https://toughnickel.com/self-employment/Traditional-Publishing-After-Self-Publishing-What-You-Need-to-Know

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