Tuesday, October 17, 2017

decision - Is it a good idea to give your manuscript for publishing to a considerably new publisher (start-up)?


In our local area, there are many new publishers that claims to publish our writeups. The time frame of submission review is less. Also, they are cheaper than the renowned publishers. Is it a good idea for a novice writer to submit the manuscript to such start-up publishing firms when they themselves might have less funds for promotions etc?


Edit: Coming from technical background where publishing research paper in genuine Journals (like IEEE etc) requires a fee; I was under impression that publishers in literary world demanding a fee would also be genuine. I didn't know publishers don't charge money! But since now I know, I understood that all claimed-publishers I encountered here were, well not real publishers.(Thanks to all who answered on Stack Exchange - I saved my money and my idea/story to be sold as is this way)




Answer



It depends what your goal is. If you want to build a readership and make money from your writing, then paying anyone to publish you is not a good idea. If a so-called publisher makes money by charging writers a fee, then their business model is based on collecting as many fees from as many writers as possible, not selling as many copies of a few books as possible, which is the only way you will make any money.


If you are convinced of your ability to market a ton of books yourself (and there are some people who do this successfully) then you will need a publishing services company to take care of some of the mechanical bits, and you would probably be well advised to go with an established reputable one. It will doubtless cost you more to start with but if you are confident in your business plan you will make enough money on sales to cover their costs and you will have fewer headaches to deal with.


Otherwise, the only way to reach a lot of readers and make money from writing is to keep improving your work until you are able to land a legitimate publisher who is willing to pay you and advance for the privilege of publishing your book.


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