Somehow the new vanity model of deceiving thousands of people out of hundreds of dollars was thought to be different than the old
vanity press model which deceived hundreds of people out of thousands of dollars.
Companies like Book Baby have taken the often - disparaged
vanity press model and revitalized it into a legitimate tool for authors today.
So why do so many people buy into the whole
vanity press model?
If you have the money, want to see your name in print, aren't particularly entrepreneurial and don't want to do a lot of work to promote your book, you probably fall into that solid 35 % of
the vanity press model.
Yet overwhelming numbers of authors choose the seemingly easier
vanity press model where the author pays all the bills and the publisher makes all the money.
This means that no matter what I say, 35 % of the potential self - publishers are going to buy into
the vanity press model, 35 % into the self - publishing model and 30 % in the «just don't know» category.
The negative perception towards indie publishing does rightfully stem from the unscrupulous
vanity press models of the past, but even as more bestselling authors look to indie publishing that attitude has yet to disappear altogether.
Today, that minefield dominates a strictly «Buyer Beware» market, dominated by a variety of sophisticated
vanity press models, whose sole objective is to pluck the author's charge card from their pocket, and charge useless unneeded services to that card until it reaches it's limit.
Not exact matches
For tens of thousands of authors every year, this
vanity press publishing
model has been... [Read more...]
For tens of thousands of authors with true commercial goals — like you —
vanity press publishers with their Print - On - Demand - only
model are wholly impotent.
There are a number of
models, and in my experience what sets them apart from
vanity presses is that they're run like publishing companies.
This business
model is generally given a rather unflattering name never used by these companies themselves:
vanity presses.
Writers» conferences provide ideal environments for learning about the various modes of publishing: the traditional
model of the big publishing house, self publishing, independent
presses,
vanity presses, and the new «hybrid» author - publisher partnership
model, which offers much higher royalties and transparency about the process for writers.
Now that Author Solutions has found a... buyer in Penguin — or rather Pearson, the company that owns Penguin Books — you'd probably think that the so - called
vanity press self - publishing
model has been given the blessing by «traditional publishing.»
They've altered the business
model to remove the additional royalties that
vanity presses were notorious for collecting (above the upfront costs they charged), and given more control to authors.
The favorite line of the
vanity press gang is that «the primary goal of most authors is not making money from publishing their book» because they know the odds of any author making money from the
Vanity / POD business
model is similar to them hitting the lottery.
There is no mechanism in the
vanity -
press model for the writer to make money.
This is the primary sales
model of virtually all of the
vanity presses, lurking out there on the Internet, like Westbow, AuthorHouse, Xlibris, & iUniverse.
BookBaby operates on an updated version of an outdated
model, namely, having authors pre-order and purchase up front a specific number of copies of their print editions, much like
vanity presses.
These smaller
press companies are often mistaken with self - publishing ventures or
vanity press businesses, but they are still solidly operating under the traditional publishing
model.
«As hybrid publishing emerges as a legitimate business
model, it's essential that hybrids be held to the highest standard, and that we qualify and understand the difference between hybrid publishing
models, service providers, and
vanity presses.
That said, if publishers can't find innovative ways to create new markets for an author's content, and if more successful authors shift to Godin's
model, we may get to the point where print publishers are seen as the
vanity press and high - quality self - publishing is the new professional standard.
Xlibris is a high - tech update on the
vanity -
press model, using print - on - demand technology to make it cheap for authors to self - publish.
But a
vanity press» business
model is to not to help you create a book that sells.
I know we've all seen many
vanity press scams but I don't particularly hold that against the business
model of a
vanity press.