Warning for “Self-Publishing” Authors

Something to think about…

The reason I started this blog initially, was to warn authors of vanity publishers including most of the POD service companies who call themselves “publishers” – and are in reality often unutilized print shops.

The statistics are mind-boggling, but still too many writers fall into their traps: the average Author Solutions customers – writers – spend around $5,000 with the company, but only sell 150 books. Even their press releases tell it all: “150,000 writers have used the services of Author Solutions, but they have only published a combined total of 190,000 books.” This comes from Penguin’s press release who just bought Author Solutions including their subsidiaries Author House, Xlibris, Trafford and iUniverse.

$100 Million in annual revenue comes roughly at two-thirds from the sale of services to writers, and only one-third comes from the royalties generated by books sales. Which means that most of the money they made (and unfortenately…

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About jenniferloiske

Jennifer Loiske lives in Finland in Naantali, which is a small sunny town on the southwest coast. She is a pre-school teacher by profession but she stayed at home when her youngest daughter suffered brain fever, which developed severe epilepsy in 2004. She is a workaholic Teen/Young Adult author, who loves dark fantasy, teen movies, chips and candies and warm sunny days. She’s also very keen on charity work and a big part of her royalties goes to the charity; mainly to help families with epileptic children but also to the epilepsy units in the hospitals. As a huge fan of dark novels Jennifer's bookshelf is full of books from L.J. Smith, Alyson Noel, Stephanie Meyer, Chloe Neill, Michelle Rowen, Jennifer L. Armentrout, Amanda Hocking and Lauren Kate. She’s also a huge fan of music from Evanescence, Linkin Park, Within Temptation, OneRepublic and Disturbed. But her hunger for music is endless and depend on what mood she’s in or what kind of book she’s working on. She can be pretty much an omnivore when it comes to music.

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