Traditional Publishing is Extinct

Traditional Publishing is Extinct

To say that traditional publishing is dead would be an overstatement. But it’s definitely becoming extinct.  The old way of publishing was: write, rewrite, get it critiqued, rewrite, pitch to agents and get endless rejection letters, finally get a contract, get an advance of let’s say 1,500 USD for a first-time author, get rid of your rights, write some more. Then wait a year for the book to come out – small print run and hope it sells, if it doesn’t sell, that’s the end, pal.

The new way of publishing is: write, rewrite, get it critiqued, rewrite, make an investment (you have to pay for editing and professional book covers) and publish, keep your rights, do kindle, sell foreign rights, do plenty of marketing and write some more. When you keep the rights to your book, you are not only a writer, you are a business person. You are responsible for marketing: the product, the price, the place (distribution) and the promotion.

It’s such an exciting world if you’re up for the challenge. The possibilities are endless. You can learn all about niche marketing and getting your books into different outlets. You can learn all about rocking amazon sales. You can learn all about kindle. You can learn all about social media and so much more. But the most exciting thing is that you are in charge! And with patience, determination and belief in yourself – you can conquer the world (or at least dominate your niche)!

Image courtesy of Free Digital Photos

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