Self-publishing platforms have come a long way in the last two decades. Today, they offer a wide range of services that give authors greater flexibility and control over the publishing process. From formatting and designing to distributing and pricing your book, these platforms offer a wealth of options to help you achieve your goals. However, each platform has its own unique strengths and weaknesses, so it’s important to choose one that aligns with your budget, preferences, and publishing goals.
Discover some of the most popular self-publishing platforms for authors, along with a brief comparison and quick facts about each platform.
Draft2Digital
Draft2Digital is a platform that helps authors create and distribute ebooks to major retailers. It is well-known for their tool Books2Read where you have one universal link for your book which makes it easier for your readers to buy your book for the shop / store they prefer. Draft2Digital handles the formatting for you, and provide real-time sales data.
In Business: Since 2012.
Publish Formats: ebooks, Print books (perfect bound) and audiobooks.
Distribution: Amazon, Apple Books, Barnes & Noble, Kobo, Smashwords, Tolino, OverDrive, Bibliotheca, Everand (Scribd), Baker & Taylor, Hoopla, Vivlio, BorrowBox, Odilo, Palace Marketplace and Gardners.
Royalties: Draft2Digital deducts 10% of the price you set for your book, in addition most of their stores take about 30%, this means you keep about 60% of the list price of your ebook.
Payment Methods: PayPal, Payoneer, Direct Deposit, International Direct Deposit and Checks.
Exclusivity: Not required.
Smashwords
Smashwords was in business since 2008. It was a very good platform that specialized in ebook publishing and distribution.
In 2022, Smashwords was acquired by Draft2Digital, over time, all publishing functions will be moved to Draft2Digital and Draft2Digital will become the name of the publishing platform. Smashwords will continue as the brand for the Smashwords Store.
Amazon Kindle Direct Publishing (KDP)
Amazon KDP is a platform that enables authors to publish ebooks and print-on-demand books on Amazon. It provides a user-friendly interface and promotional tools to help authors reach a wider audience.
In Business: Since 2007.
Publish Formats: ebooks, Print books and Kindle Vella.
Distribution: Through all Amazon Stores (Amazon.com, Amazon.co.uk, Amazon.de, …etc) in addition of Expanded Distribution for paperback books.
Royalties: Up to 70% on eBooks (Choose between two royalty options (70% or 35%) depending on your eBook content and which countries it’s sold). Up to 60% royalty on paperback and hardcover books. up to 50% on Kindle Vella.
Payment Methods: Direct Deposit, Wire Transfer and Check.
Exclusivity: Amazon KDP does not require exclusivity, unless you enroll in KDP Select, which gives you access to Kindle Unlimited and other benefits, but restricts you from selling your ebooks elsewhere.
Comments