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The
reason for this is that you'll be required to choose one of these
methods to publish your children's book. Don't worry, I'll explain
both methods here in a way that is easy to understand. After reading
this, if you require more information on either of these methods,
you'll be able to find it easily through most internet search engines.
1.
Print-On-Demand (POD) Publishing
This
the method by which an author chooses one "printing package"
from a small selection of printing packages offered by a POD publisher.
With some PODs the cost of the printing package covers the typesetting,
design and layout of the author's children's book and partially
subsidizes the cost of the book's printing. The POD publisher covers
the remainder of its printing costs through sales of the author's
book. The POD publisher will set a "print cost per book"
(the minimum price the book can be sold for) and however much the
author sells his book for above that minimum price becomes the author's
royalty. For example, the POD publisher has set the print cost of
the author's book at $8.00US each. Meanwhile, the author's book
is being sold to the public for $10.00US each. The author is making
a royalty of $2.00US for every one of his/her books sold.
Most
PODs have a few different print packages with different features
at different prices. Package prices can range from approximately
$500.00US for a basic package to $1,500.00US for a "premier"
package (for cheaper prices see the paragraph about Lulu.com below).
Most of the package differences are in the design and layout of
your book and the amount of paper or electronic "proofs"
you'll be allowed. Children's books are generally pretty simple
in their design so I find that this expensive feature really isn't
worth the money, and neither are an unlimited supply of paper or
electronic "proofs". You should expect the print quality
of your book to be exactly the same no matter what package you decide
to purchase from the POD publisher.
One
POD, Lulu.com, allows you to print your own book using camera-ready
artwork with NO pre-publishing fees, but at a slightly higher cost
per book to cover the cost of printing. Currently, this is the absolute
least expensive method I've seen to get a few copies of your printed
book in your hands.
The
list of features for packages offered by the different POD publishers
may seem long and intimidating (there's too many to comment on here),
but the illustrator that you've hired should be able to explain
these features (or find out) if they have any real benefit to you.
With my 20 years of experience in advertising and marketing, I always
make myself available for my client's questions.
Print-On-Demand
Pros:
- initial
cost outlay to the author is less than traditional publishing
- no
risk of unsold books sitting in author's basement, attic, etc.
- the
ability to make additions to your book fairly easily and inexpensively
Print-On-Demand
Cons:
- author
must sell his POD book to the consumer at a higher purchase price
than a traditionally published book
2.
Traditional Publishing
Where
the POD method of publishing is kind of a one-stop shopping method
of publishing, traditional publishing has the potential to require
a bit more "leg work" from the publishing children's book
author. In POD publishing, the publisher that the author chooses
takes care of the layout, design, typesetting and printing of their
book, but in traditional publishing the author has the responsiblity
of hiring the graphic designer that will create the production artwork
(layout, design, and typesetting) and hiring the printing company
that will print the book. If things go well for the author, the
illustrator may also be a graphic designer or the printer has a
graphic designer on staff whose talents can be used for a fee. It
is possible that an author might have a bit more decision-making
(outside of their line of expertise) to do than they are comfortable
with. Again, this is where the illustrator came be a big help.
When
it comes to the printing, you will have to decide on the amount
of books to get printed, pay the printer for that amount... and
then hope that they all sell. If you consider publishing a children's
book this way you should also consider pre-selling as many books
as you can in advance before getting any books printed.
The
more books that you get printed the less expensive each book becomes.
If you pay for one or two thousand books to be printed you can conceivably
see each book costing you $2.00-$3.00US. Unlike POD publishing,
where the retail price of your book may start at $12.00US, you could
set the price of your traditionally-published book at $8.00US or
less. This works well if you are selling to resellers that will
want to take your book and add their own markup (so they can make
a profit) before putting it on their shelves. If you consider your
competition to be the children's books that grace the shelves of
the major booksellers then this may be the only way you'll be able
to compete with them on price.
Traditional
Publishing Pros:
- because
of volume purchase the cost per book is low
- (if
you so choose) low selling price is attractive to resellers
Traditional
Publishing Cons:
- large
volume of unsold books could end up collecting dust in the basement
or attic
- potentially
more effort required for management of creative professionals
(graphic designer, printer)
Now
that you have a basic understanding of the most common methods of
publishing you can either broaden your knowledge by searching online
for more information on the subject or you can contact the various
publishers and printers about their printing packages and decide
which package best suits your needs. After asking you a few questions
I can also offer you my opinion.
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