The Book Market, Self-Publishing, and Amazon.com

I read a recent article in the San Francisco Chronicle entitled something including the words “Publishers” and “R.I.P.” The article went on to lament the status of book sales and dwindling employment in the traditional book sector. It was the subtitle that caught me, which mentioned the current economic status making it tougher than ever to sell books.

It is true that book sales are down. In the traditional sector. But numbers show that book sales are weathering the economy quite well. Forbes magazine published an article a few months ago noting Amazon’s whopping 38% growth over the past year. It is simply that the economy in this case is shifting. Readers are finding books in new and non-traditional places like Amazon where reader reviews, Kindle editions, and discounted prices help engage readers in a real-time review dialogue along with various options to dig into good material. The cool thing is that self-publishing offers the flexibility, control, and support to meet that changing wave in the market.

Good news for self-publishing authors.

So let’s all keep writing.

– Karl Schroeder

Self-Publishing and Online Marketing

Leading traditional book publisher, HarperCollins, recently initiated an online social networking and self-publishing operation that is designed to flesh out new titles to pull into their traditional publishing program. This provides concrete evidence that self-publishing is the real deal, despite what detractors may purport.

Among the many advantages of self-publishing, as in part demonstrated by HarperCollins, is the ease of online social networking and media access, which provides outstanding viral marketing potential for authors. Outskirts Press is offering a free 30 second book teaser video for authors initiating the process this month. What a cool and effective marketing tool.

Traditional publishing is looking to the pool of self-published titles to bring to the market. The good news is that the market is already there for self-publishing authors. Make sure your publisher offers a variety and adapting base of marketing support and options following publication. The potential is huge.

Have fun and keep writing…

– Karl Schroder

SELF-PUBLISHING: THE NEW AMERICAN IDOL

SELF-PUBLISHING: THE NEW AMERICAN IDOL
By Brent Sampson

Seeing Jennifer Hudson sing the National Anthem at the Super Bowl reminded me of the recent article in the New York Times about the self-publishing industry, which received a lot of attention and has sparked ongoing controversy.

In spite of all evidence to the contrary, it appears conventionally published authors (and those striving to become such) still view self-publishing services with contempt because they feel authors are “cheating” somehow. After all, getting a book published traditionally is “hard work.”  Those who have done it (or long to) perhaps feel as if self-published authors haven’t paid their dues.

But are they really cheating, or are they simply taking advantage of wide-spread changes occurring  throughout the entertainment and business worlds?

Let’s examine other industries:  The same Do-it-Yourself (DIY) fever is sweeping through the music industry. Or, to be more accurate, has already swept through the music industry.  Talented musicians are no longer waiting for acceptance from the “establishment” and instead, are distributing their music through iTunes, finding their audiences through Myspace, and broadcasting their music videos via YouTube.   It is safe to say the music industry has irrevocably changed.  Musicians no longer give 95% of their royalties to the “industry” and customers no longer buy CDs from brick-and-mortar music stores. 

Are these musicians cheating? No. They are still paying their dues, but now the invoice comes after their music has already become available. They still must market aggressively to obtain listeners, but at least they have something to market.   The audience determines which of those musicians succeed and which of them fail. 

This is no different from the self-publishing book industry.

I think it is safe to say that “becoming a rock star” is a dream that almost everyone can acknowledge, if not personally identify with; although if the ratings for American Idol are any indication, it might actually be a dream nearly everyone can identify with, too.

Other common dreams are “becoming an actor,” “becoming a model,” “becoming a professional athlete,” and yes, even “becoming a published author.”

Can you imagine the uproar that would ensue if all that was required to start playing for the New York Knicks was writing a check for $1000 to some internet company? Can you imagine the fervor if all that was required to obtain a recording contract was standing in line at some reality show try-out?  Wait a minute!  That’s already happening. Reality television has altered the search for “talent” and now, in rare instances, getting “discovered” is no harder than filling out an application. Nowadays, instead of submitting audition tapes to countless producers, lyricists stand in line and face the possibility of public humiliation at the hands of Simon, Paula, and Randy.

This is no different from the self-publishing book industry.

Is this “cheating,” per se, or has the do-it-yourself mentality simply removed unnecessary hurdles that prevented talent from being discovered faster? You see, talent is the one common denominator and talent cannot be purchased. Cast members of Survivor have their fifteen minutes of fame and then disappear back into the abyss. The try-outs for American Idol feature thousands upon thousands of “hopefuls” standing in lines around city blocks and yet the main competition is comprised of just a handful.  Most had their opportunity to shine, and their audience rejected them. But at least they received a shot.

As the New York Times article states, self-publishing companies are thriving, and that is because we give writers their shot, their fifteen minutes, their chance.  We are American Idol for writers. We make it easy to publish a book. If “publishing a book” is your dream, you’re going to be happy with the result.  And if your dream is to be successful, famous, rich, or a combination of the three, you’re going to receive your chance, but just like everyone else who is successful, famous, or rich, you are going to need to bring something special to the table.

Most reasonable people recognize this. Those who don’t may become disillusioned, but listen – if it were easy to become a bestselling author, a multi-platinum recording artist, a player for the New York Knicks, or a highly-sought-after runway model, then everyone would do it. 

Just because iTunes makes the distribution of music easy doesn’t mean every artist is going to become a success overnight. And just because standing in line for American Idol is easy doesn’t mean all those people are going to win an Oscar and sing the National Anthem for the Super Bowl.   Lord knows there is only one Jennifer Hudson.  American Idol didn’t make her a success; talent pours from her soul. She would have found success tripping through the dark blindfolded.  But American Idol shined a light on her, and she reflected back.

Self-publishing companies shine a light on writers.  It is the writer’s job to shine back. Some authors do, like Gang Chen, who earned over $39,000 in royalties from Outskirts Press in the 4th quarter of 2008. That’s $13,000 a month. Has his book sold a million copies? No. Is he making a lot of money as a self-published author?  Yes. By any reasonable benchmark, Gang Chen is a successful self-published author who has given specific permission to have his successes shared. 

And this brings me to my last point.  All publishing companies are different, just like all writers are different, and just like all contestants on American Idol are different.  Success is never guaranteed. But if you are going to self-publish your book, you’re better off publishing with a company where your chances for success increase.  Above all, you have to believe in yourself and you have to work hard. Success rarely comes easily for anyone, but now, thanks to self-publishing companies, everyone has an equal chance. We’ll shine the light on you. What you do with that light is up to you.

About the author

Brent Sampson is the best-selling author of “Sell Your Book on Amazon” and the award-winning “Self-Publishing Simplified.” As the president & CEO of Outskirts Press, Brent offers turn-key, on-demand custom book publishing services to authors seeking a cost-effective, fast, and powerful way to publish and distribute their books worldwide. Outskirts Press has helped thousands of authors realize their dreams of publishing profitably and is the third fastest growing privately-held company in Colorado. Visit www.outskirtspress.com for more information.

Self-Publishing: The New Black

Last Friday I happened to run into a new friend at a coffee shop down the street from my home. She also works in the publishing industry as a consultant, but more on the traditional model side. We enjoy running in to each other and talking shop.

This last run-in she mentioned a new author for which she’s providing ghostwriting and consulting services. Amy was evidently reserved in progressing with the project and I pressed for a bit more information. As it turned out, this particular author Amy was working with has a timely book topic on the table with a pressing eagerness to see it published; and with business savvy, the author wanted to see an attractive return on investment.

“Okay, what concerns do you have?” I asked. Amy first responded that shopping for an agent to pick up the book would push the timeline way back, and then between the agent’s and then the publisher’s cut, what could she reasonably expect to provide as an incentive to her author.

I couldn’t help but smirk. With self-publishing, authors retain exclusive control and full royalties, while having their books published in full-service style – start to finish – in around 12 weeks. Amy’s look was one of almost disbelief. When I mentioned all of these things along with the advantage of unlimited on-demand, international distribution offered by the best full-service self-publishing options she was noticeably, informed.

If you are an author, or publishing professional, revisit this question: What are your publishing goals? For many authors, the most important goals are:
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1) Keeping 100% of your rights and creative control to your book
2) Keeping 100% of your author royalties
3) Setting your own retail price, profit, and author discount
4) Publishing a high-quality book that is available worldwide

I hope that helps. Keep writing…

– Karl Schroeder

Consumer Product Safety Act and Self-Publishing Children’s Book Authors

What this means for you…

As a self-publishing Children’s book author, you may have seen news of a new lead testing requirement established in the Consumer Product Safety Information Act (CPSIA) on ALL children’s products, including Children’s books. The deadline for self-publishing authors and printers are looking at for acceptable lead levels is an approaching February 10 of this year.

Testing and certification takes place at the book printer level and full-service self-publishers of children’s books are working hard to make sure they meet requirements.  If you are in the process of publishing or currently looking for a self-publishing option don’t worry. There are those out there already covering their bases. Here is a statement from one printer/publisher posted earlier this week:

publisher and other book printing organizations are continuing their efforts to obtain a complete exemption by the CPSC by providing test results showing that the lead content level is either nonexistent or well below the standard set by the Act.

If it is determined that books are indeed covered by the Act, publisher will comply with the Act’s requirements by February 10, 2009, as the new limits on lead content begin to go into effect for products directed at children age 12 and under.

Make sure to check with your publisher when researching your options and establishing direction for your children’s book.

Have fun and keep writing.

– Karl Schroeder