No, this post isn’t about authors who are big-headed, although ego does fit loosely into the equation. This post contains a message that I think all aspiring authors need to hear.
If you’ve kept up with recent posts then you’ll know that I’m submitting my novel, Seas of Vengeance, to publishers and agents. I’ve already received a couple of rejections from agents. I’ve already gotten over it too.
Then, last week, something wonderful happened. A publishing company I’d submitted to got in touch to say that they saw the marketing potential in my work and would pass the manuscript onto one of their senior editors. This week, they got in touch again to say they were happy to proceed with publishing my work and had attached the contract to the email. All I needed to do was sign it and that would be that.
Fantastic, right?
Well, no, it isn’t actually.
You see, the publisher that contacted me was the publisher that I’d always expected to contact me. Why had I expected them to contact me? Because it was immediately apparent that this publisher was the one thing that all authors are vehemently warned not to go near: a vanity publisher.
A simple Google search will tell you exactly what a vanity publisher is, but I’ll give it to you in layman’s terms: a vanity publisher will publish your book… for a fee!
Immediately, that should set alarm bells ringing. If it hasn’t set them ringing, if you’re thinking “That’s not so bad if they’re guaranteed to sell your book as you’ll make the money back through sales” then I’ll elaborate further. Vanity publishers will not willingly hand over the cash from book sales. They’ll pocket the money you invested in order to get the book published (and tell you that was the cost simply to do that) and then they’ll structure everything in any way they can to prevent you seeing any financial gain.
Here’s a reasonable paradigm: the publisher will publish your book in whatever way you’ve paid to have it published (they’ll give you options in this regard; the more you pay, the more formats your book will be published in) and then they’ll set a benchmark on sales. You won’t see a penny in royalties until your book has sold x number of copies. Once your book has sold x number of copies, you’ll be entitled to a percentage of the net income from sales. Note the word net. What that basically means is that you’ll get a percentage of the profits after deductions have been taken off. That would include things like printing, shipping, ‘admin fees’, and the like. You’ll get a percentage of what’s left after the publisher has deducted all those fees, fees that they will set the price for. In essence, they’ll keep the lions share of the money from the gross profit to pay for their deductions and then they’ll give you a bit of the small sum of money left over. I guarantee you they’ll take a larger percentage of that net sum for themselves than they give you too.
That’s not all you get where vanity publishers are concerned. They’ll often force you to sign exclusivity deals, whereupon you agree to sell your work only through them, or, even worse, they’ll coerce you into relinquishing your copyrights on the manuscript, which will essentially mean that the manuscript then belongs to them.
Are you getting the picture? Vanity publishers are not your friends. They’re out to promise the world on a silver platter to authors, especially new and previously unpublished authors, and then bleed them of every penny they can. They stroke your ego and fool you into thinking you’ll be the next JK Rowling. They’re about as unscrupulous as an entity can get.
Novum, the publisher who wanted to publish my work, intrigued me simply because I wanted to see for myself how vanity publishers work. Suffice to say, Novum operate in exactly the way that I’d been warned in all the blog posts, articles, and forums I’ve visited. They wanted my money—a lot of my money—in exchange for a guaranteed best-seller. They also wanted the book to sell seven hundred and fifty (750) copies before I’d see a brass button of the net. Following are screen shots of the response I sent back to Novum’s representative, Bianca Bendra.
I’m glad I conducted this experiment. I’m also glad that I did my research beforehand and had the wherewithal to know that I was basically being scammed. What these vanity publishers do might well be within the law, but it is a scam. These people are unethical and immoral.
If you have enough confidence in your work that you’ll definitely see a return on your investment by publishing through them then, by all means, see what they can offer. Just because it doesn’t work for me doesn’t mean it doesn’t work for others. All I’ll say is that no author should ever have to pay someone to publish their work. If you’re that confident your story will be the making of you then hire an editor and self-publish instead. It’ll cost you a damn sight less to do it that way and market the book yourself than hand thousands of pounds over to a publisher whose only aim it is to make money off you in whatever way they can.
Catch up with all previous additions to this series by clicking here.
Been there, done that. Went through it twice with the book that’s getting published. I didn’t get pestered like Eddaz, but I almost signed with a vanity publisher earlier this year simply because I was desperate- I think that’s how they get people, they prey on those who are discouraged because they’ve been turned down by legitimate publishers and think the only way to get published is to pay for it.
You had a great response, and I’m glad you’re willing to wait for a publisher that is right for you.
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I’m one of the lucky ones that read all about them beforehand, though I’d like to believe I’m savvy enough to have smelled the setup regardless. There again, I’ve only just started submitting in the last couple of months. A year down the line then who knows. I’ve actually just received an offer from Olympian Publishers, a ‘shared risk’ deal. Off you f**k!!!
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oh my gosh, they offered me one too!! LOL
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Unlike with Novum, I haven’t responded to Olympian. They can shove their ‘shared risk’ where the sun don’t shine!
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I hadn’t heard of this so thank you for bringing it to my attention. How frustrating to have the possibility of publishing dangled before your face but then find out it’s all a scam in the publishers interests. Your response was great. Glad you were wise to it.
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You only need to do a quick Google search to see all the horror stories about people who fell for their crap and wound up thousands of pounds out of pocket. They’re absolutely vile.
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Really Paul it’s ridiculous when this happen to new authors, i don’t know if old authors still go through this either but it’s very sad because same thing happend to me and I’m glad I declined. They sounded so real and I felt it was awkward if I paid so much money to get my book published after the whole scrutiny process and whatever…i told them i had no money but they would call me day and night until I blocked their number and sent them a final mail not to bother contacting me again since I won’t be signing the contract ever. So obviously you made the right decision, hopefully they won’t try to sweet talk you again cos they are good at that😊💝
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Yes, authors who are already published still get preyed upon, but not quite as badly. I had a place called Author House who would constantly try ringing and emailing. They eventually got the message. If I’m paying to get my book publlshed then I’ll self-publish and take every penny in sales for myself, thank you very much! I’m not an easy guy to sweet-talk, especially where I even remotely smell a setup.
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Yes I’ve heard of Author house too and wasn’t a good one. I’m sure they can’t sweet talk you cos you are too smart for them😁
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Hell no! Sweet talk me into parting with money? Yeah, right! 😂
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Lol😀💖
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