why go indie

2014 Smashwords Survey Reveals New Opportunities for Indie Authors

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This post by Mark Coker originally appeared on the Smashwords blog on 7/6/14.

Welcome to the 2014 Smashwords Survey, our third annual survey that reveals new opportunities for indie ebook authors to sell more books.

As in prior surveys (view the 2013 Smashwords Survey here and 2012 Smashwords Survey here), we examined aggregated retail and library sales data of Smashwords books and then crunched the numbers based on various quantifiable characteristics of the book.

For this year’s survey, we examined over $25 million in customer purchases  aggregated across Smashwords retailers including Apple iBooks, Barnes & Noble, the Smashwords.com store, Sony (now closed), Diesel (closed), Oyster, Scribd, Kobo, public libraries and others.

This year, we break new ground with more data, including survey questions that explore preorders and series, two categories of inquiry that weren’t possible in prior years.  These latter two categories were enabled by Smashwords’ introduction of ebook preorder distribution in July, 2013 and our new Smashwords Series Manager feature which allows us to capture, analyze and share the performance of series books.

The goal of the survey is to identify Viral Catalysts.  I first introduced the concept of Viral Catalyst in 2012 with the publication of my free ebook best practices book, The Secrets to Ebook Publishing Success.  A Viral Catalyst is anything that makes a book more discoverable and more enjoyable to readers.

 

Click here to read the full post on the Smashwords blog.

 

A One-Man Operation

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This post by Hugh Howey originally appeared on his site on 2/4/14.

So, my publisher in Taiwan is a badass. Yes, a singular badass. Erik runs Nautilus Publishing all by himself. He designs the cover art, writes the blurbs, translates the books, answers the phone, handles email, and tugs handcarts loaded with books to his booth at the Taiwan International Book Fair Exposition.

And everything he touches turns to gold. I have no idea how any of this is possible. I’m in awe of the man. Gobsmacked and awed. The #1 bestselling work of science fiction in Taiwan was translated and published by him, and he’s only been doing this since 2010. WOOL looks poised to overtake that work. There are 50,000+ copies in print. Fifty thousand! And DUST, which he launched last week, debuted at #1 in all of Taiwan.

Seriously. How? Where’s the sales team? Where’s the marketing team? Where is the person who runs to Staples for office supplies? How does he do it?

I grilled him over dinner, eager to divine the man’s secrets. Two books a year? And they’re always bestsellers? Spill it, man.

 

Click here to read the full post on Hugh Howey’s site.

 

Hybrid Model: Agents’ Changing Roles Add Value to #Indie #Authors

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This post by Toby Neal originally appeared on her blog on 4/4/14.

This week was filled with excitement as I signed with Foreword Literary, a dynamic  literary agency with offices in San Francisco, New York and Chicago. I had the joy of meeting and getting to know one of the agency founders, Laurie McLean, at the Big Sur Writer’s Conference in Monterey. Her enthusiasm and dynamic energy were a match for mine as we brainstormed ideas and exchanged backstories over coffee and dinner. After just a few minutes I knew this was an agent who fully understood the challenges ahead for the publishing industry, both from the indie side and from the legacy side.

“I’m from a tech and marketing background, so I think differently about books,” Laurie told me, her animated face shining with enthusiasm. “I see stories in all their forms, whether they are consumed on paper, via ereaders, in videogames, on the big screen, or on YouTube. We’re pioneering here, and I think the ‘hybrid’ model of selecting the best publishing medium for each project, be it self-publishing or traditional, is the way of the future. In fact, Foreword believes so much in this hybrid model, we predict most authors will become hybrid authors over the next five years. We’re here to show them how to make that transition.”

I couldn’t sign up fast enough! So I’d like to introduce Laurie McLean, “foreword” thinking agent extraordinaire, to all of you. She’s agreed to answer some questions about the hybrid model and other topics!

 

Click here to read the full post on Toby Neal’s blog.

 

Finally, a Single Book Has Changed the Self-publishing Debate

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This post by Dan Holloway originally appeared on his blog on 6/8/14.

There are many reasons why the success of Eimar McBride’s A Girl is a Half-Formed Thing is wonderful news. It is a brilliant book. Quite possibly the best book to win a major literary prize in a decade or more. It will inevitably mean other publishers raise their eyebrows, and have a little “hmm, let’s have a think about that moment.”

But what interests me most is that it has changed, in a single, scalpel-sharp focused scything swoop, the discourse around self-publishing.

Many of us have long argued that self-publishing is of greatest value to readers because it offers daring, original, undefinable fiction they could not get elsewhere. We have pointed to the conservative tendencies of traditional publishers, the dropping of the midlist, the impossibility of getting the awkward and experimental even seen. By contrast self-publishing is an unfettered land of artistic freedom, burgeoning with a billion blossoms of brilliance.

Of late, many of us have had our original enthusiasm somewhat dampened by the incessant droning on on the one hand in the media about self-publishing’s bestselling icons and genre fiction superstars, leaving large parts of the landscape uncharted, and on the other hand by self-publishers themselves pleading that their books are “as good as those in the mainstream” as though the prospect of being as good as something already overly-abundant was somehow an irresistible, intoxicating prospect.

 

Click here to read the full post on Dan Holloway’s blog.

 

Is Amazon Good For Books? and other dumb questions

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This post by Robert Kroese originally appeared on his site on 6/10/14.

I finally got around to reading George Packer’s article in the New Yorker entitled “Cheap Words: Amazon is good for customers. But is it good for books?” yesterday. Spoiler alert, in case you haven’t read the article: Packer doesn’t answer the question. In fact, he doesn’t even really address the question. Most of the article is taken up with head-shaking reminiscences of Amazon’s ruthless business practices, its treatment of books as “widgets” rather than the lovingly birthed children of the tortured souls of artists, and a few anecdotes about poor working conditions in warehouses (another spoiler: warehouses, by and large, are not fun places to work). Finally, in the concluding paragraphs, Packer gets around to the question at hand:

Several editors, agents, and authors told me that the money for serious fiction and nonfiction has eroded dramatically in recent years…. These are the kinds of book that particularly benefit from the attention of editors and marketers, and that attract gifted people to publishing, despite the pitiful salaries. Without sufficient advances, many writers will not be able to undertake long, difficult, risky projects.When consumers are overwhelmed with choices, some experts argue, they all tend to buy the same well-known thing….

These trends point toward what the literary agent called “the rich getting richer, the poor getting poorer.” A few brand names at the top, a mass of unwashed titles down below, the middle hollowed out: the book business in the age of Amazon mirrors the widening inequality of the broader economy….

 

Click here to read the full post on Robert Kroese’s site.

 

Amazon vs Hachette and the Erosion of Author Solidarity

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This post by Mary W. Walters originally appeared on her The Militant Writer site on 6/7/14.

Writers need to remember that both sides are making more money from our talent than we ever can.

Like many other writers, I am caught in a sticky predicament when it comes to the battle between Amazon and the publisher Hachette, in that supporting what is growing into a cause célèbre for many traditionally published authors means diminishing our own work and reducing our (mostly paltry) incomes.

For those who have missed this story, Amazon has begun to delay the delivery of books by Hachette authors significantly, and to create impediments on searches for Hachette books on the Amazon site: apparently due to a dispute between the two companies over ebook pricing. (See the LA Times for details.) No less a celebrity than Stephen Colbert is now urging all of us to boycott Amazon in support of Hachette authors, of which he is one. The New York Times is outraged. So are many noted writers (Martin Gladwell and James Patterson are two, both also published by Hachette) and several writers’ organizations.

Those of us who are caught in the middle of this firestorm are primarily established writers who have chosen to go the self-published route for some or all of our new or out-of-print titles, and to use Amazon as our publishing partner. Typically, we ourselves have had books published with traditional presses in the past, and as a result we have strong connections (e.g., through membership in writers’ organizations) and even long-term friendships with other authors who are still published only by established presses. These presses include not only Hachette but all publishers who could receive similar treatment from Amazon in future, which is most of them. Solidarity is at stake here, and in a pre-self-publishing world, we would have easily and strongly stood together. Now, over this issue and several others related to it, such strength in unity is impossible.

 

Click here to read the full post on The Militant Writer.

 

The War on Amazon is Big Publishing's 1% Moment. What About Other Writers?

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This post by Barry Eisler originally appeared on The Guardian on 6/4/14.

More people are buying more books than ever, and more people are making a living by writing them. Why do millionaire authors want to destroy the one company that’s made this all possible?

As an author of ten novels – legacy-published, self-published, and Amazon-published – I’m bewildered by the anti-Amazon animus among various establishment writers. James Patterson pays for full-page ads in the New York Times and Publishers Weekly, demanding that the US government intervene and do something (it’s never clear what) about Amazon. Richard Russo tries to frighten authors over Amazon’s “scorched-earth capitalism”. Scott Turow conjures images of the “nightmarish” future that Amazon, “the Darth Vader of the literary world”, has in store for us all. And “Authors Guild” president Roxana Robinson says Amazon is like “Tony Soprano” and “thuggish”.

These are strange things to say about a company that sells more books than anyone. That singlehandedly created a market for digital books, now the greatest source of the legacy publishing industry’s profitability (though of course legacy publishers are sharing little of that newfound wealth with their authors). That built the world’s first viable mass-market self-publishing platform, a platform that has enabled thousands of new authors to make a living from their writing for the first time in their lives. And that pays self-published authors something like five times as much in digital royalties as legacy publishers do.

I can think of at least several explanations for the strange phenomenon of authors – and an entity calling itself the calling itself the “Authors Guild” – railing against a company that sells so many books, that treats authors so well, and that has created so many new opportunities for writers. Basically: equating the various functions of publishing generally with the legacy industry specifically; blaming Jeff Bezos for technology; and experiencing judgment clouded by self-interest.

 

Click here to read the full post on The Guardian.

 

Neal Pollack on Rebounding From Massive Hype and Six-Figure Deals to Online Publishing

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This post by Nathan Rabin originally appeared on The A/V Club on 3/14/13.

In Money Matters, creative people discuss what they’re not supposed to: the intersection of entertainment and commerce, as well as moments in their lives and careers when they bottomed out financially and/or professionally. 

The artist: Neal Pollack appeared in the national consciousness as part of the talented group of writers and editors that gravitated to McSweeney’s, Dave Eggers’ publishing empire. In 2000, The Neal Pollack Anthology Of American Literature—a collection of satirical pieces centering on the fictional “Neal Pollack” persona, a larger-than-life spoof of macho world-beaters like Ernest Hemingway and Norman Mailer—became the first book published by McSweeney’s publishing arm. (The book was later re-published by HarperCollins.) A satirical rock novel, Never Mind The Pollacks, followed in 2003, and was followed by 2007’s Alternadad, a memoir about his experiences raising his son. Alternadad generated tons of publicity and human-interest stories about hipster parenting, in addition to generating interest from the television and film industries. But the book’s sales failed to match its buzz, and television and film adaptations didn’t pan out.

Pollack published a yoga memoir, Stretch, in 2010, but over the past two years he has devoted much of his time and energy to writing mysteries for new publishing paradigms. In March of 2011, Pollack self-published the Kindle release JewBall, a period basketball mystery that attracted the attention of Amazon’s Thomas & Mercer mystery imprint, which reprinted it as a download and a paperback. Pollack followed it up with another mystery for Thomas & Mercer, in this case a yoga-themed book called Downward-Facing Death that Amazon released in serialized installments; it’s now available in its entirety as both a Kindle release and a paperback. Sequels to both mysteries are in the works.

The A.V. Club: What was your relationship to money as a child? 

Neal Pollack: When I was 7 years old, we moved to Paradise Valley, Arizona, which is a very wealthy suburb of Phoenix. In fact, I’d say it’s a very wealthy suburb of Scottsdale. And this wasn’t the Paradise Valley that was described in—this is a very dated movie reference—Pump Up The Volume, the Christian Slater movie. This was the town of Paradise Valley. In the movie it was called Paradise Hill. The town of Paradise Valley that attracted such exclusive real estate that there’s not commercial real estate in it to this day. It’s best known as where Camel Back Mountain is, and there may be a couple of boutiques on one of the streets and then there’s the Barry Goldwater Memorial. So that’s where I grew up. My father was a hotel executive and, at the time we moved there, there were no paved roads in the section where we lived. Every house had to have acres of desert land, and that’s still the case. Not our immediate next-door neighbors, but the family down the dirt road were the heirs to the Campbell’s Soup fortune. They were billionaires, multi-billionaires. My family wasn’t anything like that, but my dad had a very good corporate executive job.

Then, in 1979, he lost that job. We suddenly went very quickly from being upper-middle class to really struggling financially. And that had a big impact on me, because I watched my parents really struggle with having to pay bills and buy groceries and find work.

 

Click here to read the full post on The A/V Club.

 

May 2014 Author Earnings Report

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This post originally appeared on Author Earnings on 5/19/14.

Three months ago, we released our first full report on Amazon e-book sales and author earnings. Our goal was to look at unit sales and earnings by various publishing paths in order to help authors make informed decisions in this rapidly changing publishing environment. The results were eye-opening, but it was merely our first data point. Our long term goal has been to pull data every quarter to see if we can spot developing trends.

A quick recap on our methodology: Using a custom software spider, we can crawl every Amazon bestseller list and pull info from each book’s product page html. This data goes into a spreadsheet, which gives us the price, ranking, average review, and much more for every ranked e-book on Amazon. Using established ranking-to-sales data from numerous bestselling authors (including our own works), we are able to present author earnings by title and publishing type. As with our past reports, all the data has been anonymized and is available for download at the end of this report. And just like with past reports, any reasonable numbers entered for the power curve of the product rank-to-sales ratio reveals the same overall picture. That is, our conclusions are not dependent on our estimates but are borne out of the freely available data.

The exciting thing about pulling this data is that we have no idea what we’re going to find. Our conclusions since the last report might need rethinking. Our advice on what an author might want to do with a manuscript today could very well change as the publishing industry takes another swerve. My partner and I debated what we expected to see from this second round of data. We both predicted no more than a 2%-3% swing from any one publishing path to the other over such a short period of time. I wagered we’d see a 2% drop in self-publishing titles, offset by an increase in Amazon imprints, as the latter continues to snatch up high performing e-books and put more marketing muscle behind their own authors. My partner thought we’d see a 2% hike in self-publishing at the expense of traditional publishing. We bet a dollar on the outcome.

 

Click here to read the full post on Author Earnings.

 

Making Money As A Writer

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This post by Alexander M. Zoltai originally appeared on his Notes From An Alien site on 5/13/14.

I’ve written many posts about writers and money.

Some folks think that only the journalist-type or the non-fiction writer should think about making money…

Some folks think that fiction writers shouldn’t consider money and only write for the love of the art…

Some folks think the new self-publishing juggernaut can slam them into the mega-sales bracket…

Thing is, there’s a bit of truth in all those ways of thinking—a bit…

The full truth about any individual’s chance of making money with their writing involves, at least, the following factors:

* How strong their desire is to make money

* How much money they can spare to help them make money

* How much time they have to spend working toward making money

* The choice of venues in which they’re willing to try to make money

From my experience, I’d recommend a writer soberly consider those factors; then, based on their deliberations, make a sound judgement about one more factor:

 

Click here to read the full post on Notes From An Alien.

 

Q&A: IBPA Director Angela Bole on Self-Publishing and the Digital Future

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This post by Rich Bellis originally appeared on Digital Book World on 5/5/14.

Angela Bole assumed her role as executive director of the Independent Book Publishers Association (IBPA) in July 2013, moving over from No. 2 in command at the Book Industry Study Group (BISG). As she rounds out her first year as the head of the largest publishing association in the U.S. with about 3,000 individual members, she took some time to speak with Digital Book World about her plans for IBPA and how independent presses, self-published authors and digital natives are all reshaping the marketplace.

 

Rich Bellis: What was it like transitioning from BISG, where you served as deputy executive director since 2009, and how were the first few months settling in at IBPA?

Angela Bole: It was a little bit of the best of both worlds. I had a lot of the same contacts coming over from a similar trade association in publishing, or at least a sister association. I still had a lot of the same people that I continue to work with, so that was really helpful.

But it’s a whole new market for me working with independent publishers and self-published authors, so there’s a learning curve as well. I’m still in the middle of it.

 

RB: What direction are you planning to take IBPA in order to continue to serve that market?

AB: IBPA has a long history. It’s been around for 30 years, and it’s one of the most trusted associations in publishing for independent publishers. It has a strong legacy, and that was really interesting to me coming in. Our focus now is just to strengthen the foundations even more: to look at the different programs that we’re running and make sure they’re relevant today—and they have been for many years—and to change some of them if we see that we need to do that to make sure they’re meeting our members’ needs.

Another thing that’s important to us right now is really understanding who our members are. So we launched a full-scale member survey in March, and we pulled results in that we’ll be analyzing this summer so we can start to tailor programs to different members’ needs.

 

RB: Without having done that yet, can you speculate on anything you’re likely to learn about the makeup of your membership?

 

Click here to read the rest of the post on Digital Book World.

 

Appeals Court Reinstates Lawsuit Against Harlequin

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This post originally appeared on The Passive Voice on 5/1/14.

Keiler v. Harlequin is a proposed class-action lawsuit by Harlequin authors against Harlequin for actions by the publisher that resulted in massive underpayment of royalties to authors for ebooks. Some authors report receiving as little as six cents in royalties for sales of each of their ebooks by Harlequin. PG has posted about the case previously here, here and here.

The trial court ended up giving HQ a win, but the authors appealed. Today, the Second Circuit Court of Appeals reversed the trial court on one count, allowing the HQ authors a chance to move forward with their case at the trial level. Here’s the appellate court’s summary of its decision:

 

Click here to read the full post on The Passive Voice.

Also see this coverage, from The Hollywood Reporter site – Appeals Court: Book Publisher Must Face Self-Dealing Lawsuit “Suing romance novelists believe that Harlequin used foreign subsidiaries to create artificially low net receipts on eBooks”

Click here to visit the Harlequin class action lawsuit website.

 

When An Author Should Self-Publish And How That Might Change

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This post by Mike Shatzkin originally appeared on his The Shatzkin Files blog on 4/17/14. a

There is a question that every agent and publisher is dealing with, because authors surely are. And that’s this: when should an author self- (or indie-) publish?

The answer is certainly not “never”, and if there is anybody left in a publishing house who thinks it is, they should think a little harder.

For a number of reasons, the belief here is that most of the time for most authors who can get a deal with an established and competent house, their best choice is to take it. It’s good to get an advance that is partially in your pocket before the manuscript is even finished and assured once it is. It’s good to have a team of capable professionals doing marketing work that authors are seldom equipped to do well themselves and which can be expensive to buy freelance, particularly if you don’t know how. It’s good to have a coordinated effort to sell print and ebooks, online and offline, and it’s good to have the supply chain ready for your book, with inventory in place where it can help stimulate sales, when you fire the starting gun for publicity and marketing. And it’s great to have an organization turning your present book into more dollars while you as an author focus on generating the next one, and start pocketing the next advance.

Publishers have heretofore really had only one model for working with authors. They acquire the rights, usually paying an advance-against-royalties, and own and control the entire process of publishing. It is generally understood that all efforts to make the book known can show benefits in all the commercial channels it exploits. So publishers have generally insisted on, and authors have generally accepted, controlling all the rights to a book when they pay that advance. The two pretty standard, time-honored exceptions have been cinematic (Hollywood) rights, which are rarely controlled by the publisher, and foreign territory and language rights, which are only sometimes controlled by the publisher.

Since publishers until very recently effectively monopolized the path to market, they could effectively make the rules about what an author could publish.asdf

 

Click here to read the full post on The Shatzkin Files.

 

The Best Time NOT To Self Publish Is…(Never)

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This post by Marcy Goldman originally appeared on Joe Wikert’s Digital Content Strategies on 4/9/14.

There are so many op-eds these days on when or if to self-publish but more so, features on the inferiority of self-published works just by virtue of fact they are self-published. This premise is applied even if the self-publishing author has the budget, foresight and professionalism to engage all manner of expert editors, proof readers, formatters, designers and thoroughly research the distributing and promotion of his/her work, the resultant book will be very bad. Worse, it will be amateur in content and looks.

There’s also an assumption (somewhat fear, vs. empirically based) that without sufficient social media or platform, books (even great ones) won’t get noticed. I’ve seen a zillion writerly blogs with this headline: If you publish it who will find it/you? This suggests that Shakespeare (et al, Dan Brown, Elizabeth Gilbert, JD Salinger, James Patterson, Ayn Rand) without benefit of Twitter, Facebook and Instragram or a YouTube book trailer of Othello, would never have been discovered. This is to further suggest that we as authors, creators, publishers and readers actually believe form trumps content. That means greatness, is a deux et machninas/medium-is-the-message is a fail from the get-go and a Pulitzer would never percolate to a deserved level of consciousness and find a collective of readers who know a good thing (or alternatively, what they want) when they find it – however they find it. But trust me (and the author of 50 Shades of Grey), they do and will find it.

What astounds me in the vast acreage of articulated opinions on these issues is a few-fold.

For one thing, there’s a passion, even a nervous derision or tempered contempt or dismissiveness offered to self-published authors in most of the opinion pieces I’ve read. Although I am Canadian, it is a divide akin to Tea Party-ers and Democrats, i.e. it’s a visceral thing.

 

Click here to read the full post on Joe Wikert’s Digital Content Strategies.

 

Tom Weldon: 'Some say publishing is in trouble. They are completely wrong'

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This post by Jennifer Rankin originally appeared on The Guardian UK / The Observer site on 4/5/14.

Ahead of the London Book Fair, the UK head of Penguin Random House insists his industry has coped with the digital revolution better than any other

The indie booksellers are shutting up shop, authors struggle to make a living, and more than 60% of 18-to-30-year-olds would rather watch a DVD than get their nose in a book. But as the publishing world gathers at the annual London Book Fair this week, one of the UK’s leading publishers thinks the notion of the book industry in crisis is just a cliched old story.

“Some commentators say the publishing industry is in enormous trouble today. They are completely wrong, and I don’t understand that view at all,” says Tom Weldon, UK chief executive of Penguin Random House, one of the biggest players in Britain’s book world.

As an up-and-coming publisher, he persuaded a teenage chef called Jamie Oliver to sign a book contract. He gets to edit Jeremy Paxman‘s prose and read the latest Ian McEwan manuscript. And since last July he has been at the helm of the UK division of the world’s biggest publishing house, after a mega-merger brought together Penguin, Random House and their 15,000 writers.

While a recent Booktrust survey showing that reading for pleasure is declining among young people might lead some execs to reach for the chablis, Weldon is convinced book publishers are doing better than other creative industries in adapting to a digital world.

“In the last four years, Penguin and Random House have had the best years in their financial history,” he says. “Book publishers have managed the digital transition better than any other media or entertainment industry. I don’t understand the cultural cringe around books.”

 

Click here to read the full post on The Guardian UK / The Observer.