With a growth rate over 400% in the past 5 years, self-publishing is actually turning out to be a benefit for traditional publishers.
More publishers than ever before are signing authors who self-published their books. Indie authors have finally found their ways onto some of the top bestseller lists, which is eye-opening considering that many lists are compiled by newspapers that still refuse to review indie authors.
Nowadays, I tell clients that they can self-publish at the same time they are querying agents and publishers. If the self-published route doesn’t work out, no harm done. If they hit it big, though, they have even more appeal for traditional publishers to take a close look.