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Authors Served:
Just wanted to say thank you for your efforts on my manuscript...You did an awesome job and your attention to detail helped so much! (Tim McKitrick, Timothy Publishing Services, author of "The Hope of Glory")
"Thank you again for all of the time and effort you put into making sure this book is all that God has created it to be. I'm filled with so much joy and excitement." (Asia Carter, author of "Woman in Motion")
"I would especially like to thank Jim Kochenburger, my editor. He was helpful in his comments and corrections, as well as extremely encouraging." (Dawn Morris, "One Will Be Taken")
"Thanks Jim. You did a great job. I am not surprised. Now I know why your services came so highly recommended. " (Lawrence Maeba)
"I am grateful for what you have done and am well pleased" (Lisa Jackson)
"I've got to tell you, the video trailer has gotten rave reviews. Thank you again!" Lonnie R. Walker II
"I took your advice and changed the title of my book. Thanks for the advice because you were right....You made some great changes and I felt confident publishing the completed project. Thank you again!" (Trudy Kay Rowley)
"I truly believe the effort you put into this is going to make it a much better book."--Joel Hunt
Nick Brown--"You are blessed with a true talent."
Joel Rissinger--"Your edits are fantastic--thank you so much!"
Alvin Wilkerson--"Thank you for the great job you did with Bishop's book. It has been a pleasure working with you."
Pamela Valerio--"You did an excellent job, thank you so very much."
Minister Ronny Mills--"Thank you for your services. Be blessed!"
"Thank you so very much! Next year I go on to the next book; hope to do business with you then"--Jennifer Leotaud
"Thanks for your wonderful review."--Pastor Tekena Ikoko
Yoruba M. Chillus--"Thanks a whole heap!"
Wajidally Kahn--"Thanks for completing the manuscript. It was wonderfully done."
"I like the editing you have done...I am finding myself feeling as if I am reading a new book. I have recommended you to 2 friends who have written a book."--Benay Behnke
John Stewart--"Thanks for your work."
"I thank you again for all you've done. I had no idea the magic and life a good editor could bring to an ordinary piece of writing. I am truly amazed and blessed for all your help."--Sylvie Hache
Catherine Sheets--"It's been great doing business with you. Wish you all of God's blessings and thanks again!
"Hi Jim! People are in love with the books. Both books are impacting lives for God. Thank you!"--Lawrence Maeba.
"I don't know how to thank you for using your great talent to edit my work. I couldn't have done this without your help."--Jerry Roberg
"Thank you once again for your help, time and guidance.. Thanks a million ." Claudette Allen
You have put together a project that was nearly shattered due to a broken vessel of clay, in need of healing, yet unyielding to failure. God will use this work in a mighty way for His glory. Thanks, for your help and God's richest blessings. In Him, Ruth Stafford
D.B. Lantz
David Hollier
Celestia Tracy
Funsho Aduloju
Michael Bott
Raul Lopez
Jim Tunstall
Scott Delashaw
Sarswattee Khan
Cheryl Sellinder
Bernice Edwards
Rosie Wilson
Dennis Dwyer
Rich Trayler
Mary Mathes
Sabrina Ramos
Thanks for everything you did! John Anderegg

The #1 Downside of Using a Service Like Author Solutions, Westbow, or Xulon Press: Revenue Share

I am often asked about turnkey publishing services providers (PSPs) that serve Christian self-publishing authors, specifically: Author Solutions (which includes Westbow, Crossbooks, iuniverse, Trafford, Xlibris, etc.), Xulon, Winepress (the POD part), and others. Aside from offering a comparison chart of these PSPs on my site ( “Publisher” Comparison Chart ) and providing the upside of using such services in my previous posts, I’ve never said much about the downside of using them. There is one that is most important for you to know about.

What is the downside?

If you sign an agreement with a PSP, you are…

1) Agreeing to give them a portion of your royalties for the lifetime of the agreement.

2) Agreeing to give them a portion of the profits for every copy of your book that you purchase to resell for the lifetime of the agreement.

Is this dishonest on the PSPs part? Absolutely not. They are offering you services in exchange for payment and saving you a lot of the work and hassle of self-publishing your book, just as we do.

You just need to know what their ongoing financial interest in your book will be. What kind of money are we talking? Let’s take a look at this in real $$.

Based on information gleaned from their website, one PSP promises authors 100% royalties on sales to “third party retailers” (ex. brick and mortar bookstores), and 75% royalties on “direct sales” (ex. sales through their online bookstore and 24/7 order line):

100% Royalties on Sales to Third Party Retailers

$15.99 (retail price)

-$8.79 (what the distributor sells your book to bookstores for, wholesale, or 55% off your retail)

-$3.90 (print costs–what the PSP calls “production” costs)

$3.30 (Net…and this goes to the author, 100%. SO far so good!)

 

75% Royalties on “Direct Sales” (Their online bookstore and 24/7 order line.)

$15.99 (retail price)

-$4.00 (“Distribution costs” i.e. they are making $4 off the top.)

-$3.90 (print costs–what the PSP calls “production” costs)

$8.09 (Net…BUT only 75% or $6.06 goes to the author, while 25%, or $2.03 goes to the PSP.)

Note: When you add that $4 “distribution costs” and 25% of your royalties, the PSP gets $6.03 on every book sold in direct sales, while the author gets $6.06. (By the way, this particular PSP appears to pay the highest royalties rates of the bunch, at least according to our research earlier this year.)

How does this look over a year?

Let’s say that in your first year, given the numbers above, you sell 600 books through third party retailers and 300 books through direct sales:

Author makes: $3,798

PSP makes: $1,809 (which would have gone to you, had you not used their service).

 

Now, let’s look at books you purchase from your PSP to resell. The best discount we see offered by PSPs (short of going to large print runs) is around 50% off.

$15.99 (Retail price on your book)

-$7.99* (Minus 50%, the best discount PSPs typically offer.)

$8.00 (The price you pay to purchase your book.)

Hang on a minute. Look back at that *$7.99. You already know your book costs $3.90 to print…so your PSP is netting $4.09 per book you just bought! ($4.09 more you could have made on the sale of each book.)

Let’s assume you buy 300 books in your first year.

Your PSP makes: $1,227 just to sell you 300 copies of your own book.

So with this particular PSP, over the first year (given the scenario’s described above), they would make $3,036! (And this company makes the least amount of the bunch.)

I believe that most authors do not realize that when they sign with a PSP, they are also agreeing to split the royalties and proceeds (at least not to the extent illustrated above).

Do you want to know how to self-publish on your own, WITHOUT having to give any of your royalties or proceeds to a PSP? 

Blessings, Jim

Request your custom publishing services package quote now! We’ll save you money on publishing and you’ll get 100% of royalties and profits. Click here for details! 

 

 

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