THE LITTLE KNOWN TRUTH ABOUT VANITY PUBLISHERS:

• They often require “exclusive rights” to your book/ebook so only they will be able to sell/distribute it - normally for a period of years.

• They pay you very low royalties, usually about 7% to 10% of the cover price, and they keep the rest.

• They sometimes charge the author incrementally for various support services such as editing, proof-reading, design, graphics, marketing support, etc.

• Many of them make their money by charging the author substantial printing costs whenever the author needs additional copies of their own book to distribute to their buyers. (e.g. only 10% to 30% off of cover price).

• Most have little or no distribution network, and are counting on you, the author, to find your own buyers.

So, whatever you do, DO NOT sign up with one of these outfits WITHOUT at least requesting a copy of the contract, and then reading it in careful detail!

THE BOTTOM LINE ON VANITY PUBLISHERS:
Vanity publishers will indeed get your book “published”, and eventually you will hold a copy in your hands.

BUT, and this is a big but…

• From sign-up, until your book is ready, there’s a good chance it will cost you many months and many hundreds of dollars.

• You will make very little money from book sales, if any, due to a combination of: “unforeseen” publishing/printing expenses, lack of a significant publisher distribution network, and paltry royalty payments.

In the end, what a vanity publisher really wants is the exclusive rights to print and/or distribute the hard-earned fruits of your writing labours… YOUR BOOK. After all, it costs them next to nothing to print your book because they already have the resources and technology in-place, in any case. In exchange, they get as much as 90% of the proceeds from each sale of YOUR book!

So, if you are serious about selling more than a few dozen copies of your book to friends, family and acquaintances, I strongly advise you to avoid these vanity publisher outfits like the plague.

It was when I realized exactly what vanity publishers are all about, and how they operate, that I decided to develop what I have since dubbed the Online Publishing Model. Using that approach to self-publishing allows people to take charge of their own book. In fact, the OPM shows you exactly how to publish, distribute and market your book/ebook online so that YOU will be in control, and NOT at the mercy of the exploitive “vanity publishers”.

If you’re looking for a successful publishing experience, you might want to give this independent approach to self-publishing, using the Online Publishing Model, some serious consideration.

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