What are the typical royalties for self-publishing a book?
Typically, self-published authors can earn between 35% to 70% royalties on their book sales, depending on the platform.
How do these royalties compare to traditional publishing?
In traditional publishing, authors usually earn around 10% to 15% royalties, which is significantly lower than self-publishing.
Are there any costs involved in self-publishing that affect my royalties?
Yes, costs like editing, cover design, and marketing can reduce your overall earnings, so it's important to budget wisely.
What platforms are best for self-publishing?
Popular platforms include Amazon Kindle Direct Publishing, IngramSpark, and Smashwords, each with different royalty structures.
Can I increase my royalties through marketing?
Absolutely! Effective marketing can boost your book sales, leading to higher royalties.
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