Traditional publishing: I write a book, and work really hard to make it perfect. I may hire editors to help me develop the book and proofread it. Then I or my agent (many choose to skip the agent nowadays), shop the manuscript to a traditional publisher. The editor at the publishing place reads then either loves it or hates it. An author hopes they love it, but if not then it goes somewhere else (sometimes again and again) until finally a traditional publishing house wants to buy it. Once a publisher wants your baby they buy the rights to it from you, usually in the form of an advance on future royalties from the sale of your book. Then, the traditional publisher spends its own money on editing the book to their taste, creating a cover they want, designing the layout in their own style, etc. until your book is eventually born. Then, still on the house’s own dime, it prints as many copies as it thinks it will sell. In some cases a traditional publisher will then market the book, but this is becoming less of the case as authors are expected to market their books on their own. In all cases of traditional publication they will distribute the book to the public without you having forked out one red cent to make it happen.
Self publishing: I write a book, I pay editors to help me develop the book and proofread it (hopefully this is a step not skipped). Then I create cover art, format the book and design it or I pay someone else to do this for me. Then I pay to have the book printed and I market it myself to the public (which often happens in traditional publishing now, too). See? I pay all the costs of the book becoming a book, but then – the part that is attractive – I get to keep all the money I make from the sale of the book and I have total control over the manuscript and how the book looks.
Vanity Press: Like straight self-publishing, but I also pay a fee (usually a hefty fee) for the press do it for me.
Hybrid publishing: I’ve talked with two hybrid publishers in recent days and they both had different things to say about themselves. They both denied that they were self-publishers or vanity presses. They tried to sound like they were traditional publishers and appeared to have convinced their clients they were. The things they had in common were that their authors DO pay for some portion of the production of their book, but then they claim to form some sort of “partnership” where they split sales 50/50 in one case and 30/70 in the other. I think the Hybrid Publishers are still defining themselves and therefore you should shop around if you choose to go this route. However, don’t be fooled. A Hybrid publisher is not a Traditional publisher. A Traditional Publisher will not make you pay for anything and in most cases will pay you some amount of money before your book actually hits the shelves.
There are advantages and disadvantages to all types of publishing, so do your research.
About this Author:
Jennifer has published many articles on writing and edited several full length manuscripts in the past several years. Writing has always been in Jennifer's life beginning as early as the third grade when she wrote her first book, fittingly it was about a monster.
Her hobbies include photography and mixed media art and she has been known to tagalong for paranormal experiences with fellow ghost hunter friends. She lives in St. Peters with her husband and children.
Read more abut her at www.jenniferahasheider.com