Making Money From Writing, Part 2: Novels

Yesterday we surveyed the short story market, where you can find the right magazines for your stories, how you can sell the same story again as a reprint and to an anthology, why short story collections are such a hard-sell to publishing houses, and how and when you should self-publish them. Today we are going to talk about novels.  There are only two real ways to sell your novel, and the choices are, for the most part, mutually exclusive, so you have a big decision to make.  The first way is to a trade publishing house (both large presses and small, independent presses), and the second is to self-publish.