Resurrecting an older thread and hoping to breathe some life into it.
Before I walked away from my fiction-writing career 15 or so years ago, I had some success with the "traditional" path to publication -- author > agent (ugh, barf) > publisher -- with established genre fiction paperback houses.
The books are now out of print long enough for the rights to have reverted to me, and I'm considering republishing them in e-format (through Amazon, because frankly it looks the easiest and Kindle appears to be the most popular format).
Here's what I see as some of the important pros and cons, taking into consideration that my books have all been published in DTB ("dead tree book") form first --
PRO --
(see also
http://www.likesbooks.com/blog/?p=6169 and
http://www.likesbooks.com/blog/?p=6306)
1. No editorial interference. I dealt with some truly horrible editors who made -- or tried to make -- some truly horrible revisions to my manuscripts. The old adage of "never argue with a person who buys ink by the barrel" is very true: When the editor is in the position of total power and there is no sense of partnership, bad things can happen and often do. And it's always the author's name that's on the front cover.
2. MUCH better royalties. Amazon pays 35% on Kindle editions priced under $2.99; 70% on Kindle editions over $2.99. Standard (?) pb royalty rates are +-8%. On a $6.99 DTB that's 56 cents per copy sold (less reserves against returns); on a $2.99 Kindle ebook, it's $2.10, no reserves. Ebooks pay quicker, too.
3. No loss of sales due to used bookstores. That $6.99 book sold used for $3.50 nets the author NOTHING; the reader can get the $2.99 Kindle version for less than the used copy and the author gets $2.10 in royalties. Amazon nets 90 cents. I still like the distribution on $$ better than with a DTB publisher.
4. Ability to publish what the author wants to write rather than ONLY what the publishers want to publish.
CONS
1. Absolute necessity to do publicity. I don't like doing this; it's not my forte. My books have the advantage that they've already been issued in paper; Amazon has covers of them (covers which I technically have no ownership of). If I were to write additional books, I'd have to commission cover art, etc. and do the publicity routine. Given the greater returns on the investment, I think I could afford to do a little.
(PRO, however, is that there are many venues for e-publicity via blogs, discussion boards, etc.)
2. No cash advance, although I've read current sources that suggest publishers are becoming more and more stingy with advances.
3. The book still has to get noticed, and when the e-publishing field is cluttered with junk -- which, by the way, it is, and it's only going to get worse -- it's going to be harder and harder for the cream to rise to the top. #1 CON, therefore, will become more and more essential.
I heartily recommend the two referenced blogs, because they give the opinions of several authors who have had considerable success publishing via the "traditional" path for genre fiction and who are going to epublishing for precisely the reasons I've listed.
And if this thread dies, oh well.
TG