Yesterday, I decided to open the mysterious red and yellow envelope that a messenger service had placed on my porch. I tore open the flap and pulled out a thick clump of paper. There was a letter on top.
“We are excited to have the opportunity to issue you a formal offer for your children’s book. You are among the 4% chosen out of tens of thousands each year to become published with our company. We believe this will be a marketable book. It is our pleasure to present you with this contract.”
Five seconds of pleasure filled my heart. Then I turned the page and read further.
(Not an exact quote) The publisher will provide (approx) $20,000 in resources to produce, market and distribute your Work. The author participation fee is: (approx) $4,000.
Okay readers….This is called Subsidy publishing. (Many of you are already familiar with this term.) A Subsidy publisher is a book publisher who charges the author to publish her book, as opposed to a royalty publisher who pays the author. Subsidy publishing is good for some authors, but may not be good for others…especially if they don’t have any money! Authors who speak and sell their books at their engagements, often “self-publish” or “subsidy publish”…because they know they can make their investment back.
Now if I had an extra $4,000, this might be good for me. But I don’t. So I will bounce this book out again. Sigh.
If you are thinking about doing some writing, it’s essential you pick up a Writer’s Market. Here are two choices:
Christian Writers’ Market Guide 2007 by Sally E. Stuart
(If you wish to write for the Christian market, this is a must.)
2007 Writer’s Market edited by Robert Lee Brewer
Inside these books you will find valuable advice about publishers, their needs and how to submit your work. You will also be able to discern between subsidy and royalty publishers. (Some publishers are both!)
Thanks for stopping in today. I'll be back on Monday. There's a deep blue sky out there, and I'm going for a walk. It's been awhile since I've talked to any of our neighbors. I wonder who I will see?