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Dreaming of publishing your own book? Revealed how much it costs | Business

Self-Publishing Surge: Authors Take Control, ​But at a Cost

Vilnius, lithuania – A growing number of authors in lithuania are bypassing traditional publishing houses adn‌ opting to self-publish their ⁤work, driven by a ⁣desire for greater control and‍ financial return. This shift is particularly noticeable among professionals leveraging books to build‌ their brand and ⁣reach new audiences, according to industry experts.

The rise in self-publishing represents a fundamental change in the author-publisher dynamic. While traditional publishing offers established distribution networks and editorial support, it often comes at the expense of notable royalty ‍reductions. Self-publishing empowers authors to‌ retain full copyright and reap the ‌entirety ‍of their⁤ book’s profits, but requires them to assume all associated costs – a trade-off increasingly appealing to entrepreneurs, coaches, and specialists.

Giedrė Pūrienė,manager of publishing services company “Let’s Booky,” explains the​ motivations behind this trend. “Some people view publishing as a ⁣personal ambition⁢ – simply wanting to see⁤ their work in print – while others see a book ‍as a ⁢valuable tool for their professional activities,” she told 15min.

Pūrienė notes ‌a recent increase in authors self-publishing for professional gain,‌ aiming to ​solidify their image and expand their ⁤reach. “Self-publishing allows you to⁣ invest in the publishing process ⁣and later receive a full financial return. Unlike traditional publishing,all ‌copyrights remain in the hands ‍of the author,” she stated.

The financial implications are stark. In traditional publishing,authors typically receive only 5-10 ​percent of sales ‌revenue.‌ However, ⁣self-published authors are responsible for ⁤all expenses, including layout, printing, and distribution.⁣ “In the traditional model,⁤ the author doesn’t pay anything ​to publish,​ but in self-publishing, they invest their own funds – and they also earn everything themselves,” Pūrienė clarified.

This increased responsibility demands a careful cost-benefit⁣ analysis for aspiring authors,weighing the potential for higher profits against the upfront ⁣investment and workload required for successful self-publication.

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