Here is a quick overview of how the FIVE Press Publishing
Model compares with other publishing models. Items listed
are in no particular order.
|
FIVE Press Publishing |
Traditional Publishing |
Self or Vanity Publishing |
|
|
Author Rights |
Author Maintains the Copyright |
Publisher Maintains the Copyright |
Author Maintains the Copyright |
|
Time to Market |
Books are brought to market usually in 3-6 months or
sooner if logical |
Books are brought to market usually in 18-24 months |
Books are made available to the author usually in 3-6
months |
|
Royalties and Advances |
20%
Royalty across the board of Net sales, Paid Monthly
($20 Retail - $10 Average Net Sale = $2 royalty) and No advances paid |
Average of 4% to 15% Royalty, depending on mode of sale
and is typically based on Net sales, paid twice a year,
with an average advance of $1,500 |
20%
to 100% of net sales depending on whether you do it
yourself or use a publishing service company with no
advances paid, but typically a $10,000-$15,000 cost |
|
Design, Editing, Printing |
Books are given a custom designed interior and cover and
all printing costs are covered. Authors provide a fully
edited, proofread manuscript that we then perform an
Editorial Analysis on to ensure quality |
Books are given a custom designed interior and cover and
all printing costs are covered. Publisher typically
takes over editing and final manuscript content and
quality |
Authors assume all cost associated with design and
printing. An author services company may offer template
driven designs or custom design services to purchase |
| Bookstore Distribution | Full
Bookstore Distribution both online and off via Ingram
Publisher Services |
Full
Bookstore Distribution both online and off via Ingram
Publisher Services or other reputable distribution
solutions |
No
Bookstore distribution or limited online availability
unless author hires distribution company directly |
|
Continuing Education |
Enrollment into The Entrepreneurial Author University |
No Continuing Education |
Typically no or expensive continuing education |
|
Author Book Discounts |
Author may purchase books basically at print cost with
volume and quantity discounts passed on to the authors |
Typically 50% of retail price and typically limited to a
certain amount |
20%-65% off retail price depending on format and
quantities purchased |
|
Group Health Coverage |
Availability of Employee Group Health and Associated
Benefits like IAB, Aflac, Blue Cross Blue Shield,
depending on author residence |
Not offered |
Not offered |
|
Return Rate |
Average of less than 15% bookstore return rates which
are then restocked for resale, offered to the authors,
or donated to Habitat for Humanity |
Average of 40% bookstore return rates which are usually
shredded for the tax benefit |
Books are typically sold on a non-returnable basis and
are not available in bookstores |
|
PR Support |
Publicity Manager writes and sends out Press Releases
and over $8,000 PR sponsorship at
Planned TV Arts |
Unless author is one of the top 6%, no PR Support is
offered |
No PR support is provided |
|
Marketing Budget |
Over $60,000 of co-operative marketing monies is made
available to the authors on every book published |
Unless author is one of the top 6%, no Marketing Budget
is offered |
No Marketing Budget is offered |
|
Partner Status |
Authors are treated as valuable partners in the process
and are the most important member of the mastermind
group created for each project accepted |
Authors are sometimes treated as a partner |
Authors are treated as a customer |
|
Giving Back to the Community |
1% of all sales across the board is donated to
Higher MPact
and speaking opportunities available as well as
international recognition for charitable works |
No cause related marketing is typically associated at
the publisher level |
No cause related marketing is typically associated at
the publisher level |
