Publishing Primer: Submission and Payments

I’ve blogged a time or five about the book publishing process. And, since this site focuses on the written word that is fiction novels, numerous ways of expounding on the subject of publishing is expected.

Before sending your manuscript to publishers fitting your genre, know as much about the publishing process as possible. Research first. Avoid being taken advantage of or paid less than your work is worth.

Consider: most publishers have specific wants and needs. For example, one romance book publisher seeks period books with a Wild West flare. Another romance publisher looks for works with beach romances. With such varied interests within specific genres (children’s, Sci-Fi, romance), knowing publishers’ interests before submitting your manuscript is crucial. If your work doesn’t have what a publisher desires, it’s a waste of money (yours) and time (both).

Learn about potential publishers and their guidelines for writers. For example, determine if they review full manuscripts or if they prefer sample chapters or query letters. Follow all instructions a publisher provides. Mistakes reduce your chances of having your manuscript accepted with an offer. A rejection over a ‘technicality’ is possible. Writer’s guidebooks (e.g. The Writer’s Market) and the websites of publishers often provide information on their respective expectations for submissions.

Getting Paid

Before accepting an offer from a publisher, learn about book publishing payments. Not all publishers pay their authors the same amount of money. The main goal is making the most money possible. Many first-time authors are so elated over getting their book published, they accept practically any offer—even one significantly less. Flat rate payments, advance payments, and royalty payments are the most common methods.

• Flat rate payments are basic and as the name suggests: writer receives a flat payment for their work.
• Advance payments are nice, but it’s best to look at the long-term payment, too. Some publishers make advance payments seem more lucrative than they are. With that said, some writers (especially ‘starving’ unpublished writers) find advance payments enticing (regardless of amount).
• As for royalty payments, get everything in writing and have a set schedule. What percentage of sales gets paid? Are royalties counted quarterly or annually? How soon is payment after each schedule ends? Answer these questions in writing before signing a contract.

The above-mentioned points are just a few to consider before accepting an offer from a book publisher. Regardless of your book’s genre or what publisher you receive an offer from, fully read and examine any contract before signing it. Also, ask any and all additional questions you have. Reputable publishers are open to answering your questions and establishing a positive (and profitable) relationship.