Here are the pros and cons of indie publishing versus going with a traditional publisher:
Traditional Publishing Pros and Cons: In most cases, traditional publishing requires less of the author, should result in more book sales over a wider distribution, and carries the prestige of a publisher selecting your book for publication. The negatives include the effort to find a publisher, the length of time to publish the book, and earning much less per copy sold—if anything at all.
Indie Publishing Pros and Cons: If you’re self-disciplined, indie publishing allows you to get your book to market faster. You also maintain full control over the final product and make more on each sale. The downside is that you must view publishing as a business and cover all the costs of producing the book yourself.
A commonly-cited reason to not indie publishing is the requirement to market and promote our books. While it’s true that if we indie publishes we must market our books if we hope to sell any, traditional publishers also expect us to help promote, market and sell our books. If you can’t or won’t do that, the publisher is apt to pass on publishing your book. In short, they want authors who can move product.
Conclusion: There is no right answer to the issue of indie publishing versus pursuing a traditional book deal. It depends on the goals and priorities of each author. Also, some authors do both, depending on the book. They’re hybrid authors, going with traditional publishers for some books and indie publishing others.
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Peter Lyle DeHaan, PhD, is an author, blogger, and publisher with over 30 years of writing and publishing experience. Check out his book The Successful Author for insider tips and insights.