Self-publishing and traditional publishing are two distinct approaches when it comes to publishing a book.
Traditional publishing is when a publishing company reviews a book, decides to acquire the rights to publish it, then publishes and distributes it. This method is vastly different from self-publishing, which is when an author publishes and distributes their own book without the help of a traditional publisher.
The biggest difference between traditional publishing and self-publishing is control and financial rewards. When an author signs a contract with a traditional publisher, the publisher makes the final decisions on all aspects of the book’s production, including titles, cover design, and formatting. The author typically receives an advance payment and a percentage of the profits.
In comparison, with self-publishing, the author retains full control over all aspects of their book, including cover design and titles. The author typically receives all of the profits, but the workload can be much heavier and they have to take on the financial risk of paying for the production and distribution of their book.
However, traditional publishing often takes longer to get your book on the shelves, while self-publishing allows you to get your book out much faster. Depending on your preferences and publishing goals, you can decide which method is right for you.