Print on demand fulfillment is also called publish on demand or POD. Details of your book are stored electronically, and copies can be printed in very small numbers, sometimes individually. Quality is a little poorer than the traditional article, but generally acceptable. Cost per book is higher, but you don't have unsold copies stacked up at home.
Digital printing is already widely used for trade brochures and company flyers, but is only slowly making inroads into traditional printing of trade books: novels, textbooks: DIY manuals and the like. Nonetheless, the new (essentially laser) technologies of Versamark, Docutech and others can produce pages indistinguishable from offset printing, and some experts believe that digitally printed books will represent one-third of all books printed by 2011.
Print on demand fulfillment has not received a favourable press, partly because it generally uses not wholly satisfactory technology (Lightning Source, Inc.), but also because some POD companies chase the profit margin by simply converting unchecked submissions to a pdf format and sending them off to the printer. Certainly most of the promotion of a print on demand fulfillment book falls on the author's shoulders, but that is commonly the case even with conventional publishing.
POD publishers come in many shapes, from amateur services that mean well but have little trade experience, friendly local printers that offer an independent service, large concerns that provide fee-based POD, companies masquerading as traditional publishers with token advances, to outright vanity companies that damn your publication in the trade and overcharge all round.
Basically, you have two viable options, to use a POD company that handles everything for you, or a FOD company that just looks after printing (and possibly warehousing and distribution). The first is more expensive, and may place restrictions on your printing options, publishing rights and pricing policies. The second is a version of self-publishing, giving you overall control but also more hassle. The next section applies to both POD and FOD.
First the on-demand-publishing advantages:
Now the on-demand-publishing disadvantages:
POD companies are basically middle men, who handle many of the traditional publisher's functions for a share of the proceeds. The best known are are iUniverse, Xlibris, Authorhouse and Trafford, but many companies provide the same service more cheaply. Shop around, and look at terms and prices carefully, especially any exclusivity clauses, book pricing restrictions and royalties payable.
Some of the better print-on-demand companies:
Fulfillment on demand (FOD) is the approach used by many small publishing companies. The printer has the same or similar type digital printing setup as a POD printer, may offer basic services in addition to printing (prepress, warehousing, distribution, order fulfillment) but has a minimum order (10-100) and does not assume any publishing role (i.e. no MS evaluation, preparation or marketing). Basically a printer, though often to an excellent standard, catering to large company requirements. Many have helpful websites, but you'll need to know some of the technicalities of printing and desktop publishing to handle submissions properly and get an accurate quote.
How do you select a POD company on the basis of book quality?
1. Many POD companies use graphics and type by Lightning Source, Inc., so that any differences that arise will concern layout and choice of typeface. Your options:
2. Other digital printing equipment does exist, however, and is in fact superior to Lightning Source. Your local printer may even use it. Using such a printer becomes FOD, of course, which means that typesetting, barcode, ISBN and other prepress details fall on your shoulders.
3. A third factor is the paper quality. Some POD companies specify the paper weight, but from others you may get narrow spines and thin paper. Order a book from each of your shortlisted POD companies to be sure.
Also get a decent book on print-on-demand publishing if you're seriously considering the approach. There are many things to watch out for (rights, pricing, cover design, distribution, returns, barcodes, ISBN, etc.) and the outlay will soon pay for itself. You can also check quality if published by a POD company.
Some suggestions (including 'print buying'):
Royalties need special attention. Suppose your book retails for $12.95, and the POD company pays royalties at 75%. If royalties are based on the gross cover price, you'll get a handsome 0.75 x $12.95 for each book sold, i.e. $9.71/copy. In all probability, however, the royalties will be based on the net revenues. From $12.95 are first taken publishing costs, say $4.50 per copy, leaving $8.45. Then, if the book is sold on Amazon, the bookstore commission amounts to 55% of the retail price, i.e. $7.12. Take that away from $8.45 and you're left with $1.33. Royalties at 75% of the net revenues are therefore 0.75 x $1.33 or $1.00/copy, a fairly typical figure.