Jane Friedman says she is always asked if authors should self-publish or traditionally publish.
She writes, “This is an increasingly complicated question to answer because:
- There are now many varieties of traditional publishing and self-publishing—with evolving models and varying contracts.
- You won’t find a universal, agreed-upon definition of what it means to ‘traditionally publish’ or ‘self-publish’.
- It’s not an either/or proposition. You can do both.”
As authors, we have to choose a route that suits our personality type. We should research the options and decide what we want to achieve with publishing.
This chart divides the field into three identifiable forms of traditional publishing:
Traditional Publishing: Advance and Royalties
Traditional Publishing: No Advance
Traditional Publishing: Digital-Only or Digital-First
Here is the chart:
Friedman says, “Feel free to download, print, and share this chart wherever you like. Download the PDF version—ideal for photocopying and distributing—or read the full text version of the article here.”