Wednesday, July 9, 2008

Enough With The Editorializing, Tell Me How To Publish & Sell My Book Already!

Bottom Line It For Me, Baby Version (200 Words Or Less):

I've been fielding a lot of email questions about the nuts-and-bolts aspects of self-publishing lately. I have written a whole book on the subject, The IndieAuthor Guide, but it would be pretty obnoxious of me to answer each query by saying, "Buy my book and flip to page such-and-such," so I do my best to provide answers when I have them. Still, rather than answering the same questions over and over again in private messages which don't benefit the self-publishing community at large, I've decided to blog a series based on content from my book. I can't just copy and paste everything from the manuscript, because the thing is 300pp long and heavily illustrated besides. But I will present topics from the book to the extent of detail possible in a blog post. Note that I'm not covering editing, designing your own book cover, creating your brand or publishing to the Kindle here, since those topics are already presented on my website in the form of free pdf guides. First up in the series: Publishing Options.



Go On An Run Yo Mouth, I Ain't Got Nuthin' But Time Version (Can't Promise It Won't Go On Forever):

Vanity, Subsidy, POD, Oh My!
The terms “self-publishing”, “subsidy publishing”, “vanity publishing” and “print-on-demand” are often used interchangeably when people speak of self-publishing, but these terms aren’t synonymous. Rather, they describe different self-publishing options or processes.

Self-Publishing
In common usage, “self-publishing” has become a catch-all term. People using it may be talking about subsidy publishing, vanity publishing or print-on-demand (POD), but ironically, they’re rarely talking about true self-publishing. In the strictest sense, self-publishing is exactly what it sounds like: doing your own publishing. This is also known as “desktop publishing,” since it’s generally done with an ordinary computer, or ‘desktop’ computer. Typical self-publishing projects include club or family newsletters, brochures, booklets and research papers, any of which can be created using a standard word processor. There are also dedicated desktop publishing computer programs that enable the user to create more sophisticated and lengthier publications.

Either way, desktop publishing isn’t a workable solution for book manuscripts because binding options are severely limited. Office supply stores and print shops offer several types of binding, and can generally bind up to 300 pages. However, all their binding options are more fitting for reports or business documents than books. The pages may be hole-punched and placed between two report covers, or drilled for comb- or spiral-binding. The finished product will have a binding, but even if you customize the report covers with artwork and a book title, it won’t look like a book. You won’t be able to duplicate the look of a “real” book, which has pages glued or sewn into a wrap-around cover at the spine. Furthermore, having manuscripts bound individually is very expensive.

Vanity Publishing
Vanity publishing is the process whereby an author pays a publishing service to format and publish a minimum number of copies of his book. The publisher usually offers related services on a fee basis, from editing to cover art design and even promotion. The author is essentially paying to have his book printed, and so long as he’s willing to pay the required fee, the publisher will not turn him away. It is because of this fact that as a group, books from vanity publishers are presumed to be of poor quality.

This bias is the primary downside to vanity publishing, but expense comes in at a close second. An author who chooses to go with a vanity publisher must pay all production costs for a minimum ‘print run’ of his book, generally at least 200 copies. Cost per book goes down as quantity goes up, but in most cases the author can expect to pay anywhere from US$5 - $10 per copy for a trade paperback edition and between US$8 - $16 for a hardcover. Multiply those figures by 200, then add hundreds more dollars in flat fees for project setup, optional ISBN assignment, proof corrections, project management and delivery. Add another thousand or two if the author pays for related services.


The third downside to vanity publishing is distribution, or lack thereof. When the print run is finished, all the books are delivered to the author and it’s up to him to store them, sell them, give them away, or otherwise dispose of them. With few exceptions, brick-and-mortar bookstores won’t stock any type of self-published book. They’re particularly leery of books from vanity publishers, all of whose names are widely known in the publishing and bookselling industries.

More recently, vanity publishers have begun addressing the distribution problem by setting up online bookstores to stock their clients’ work, but the sites don’t get much traffic because they only stock the vanity publisher’s books, and again, most people assume those books aren’t very good. Enterprising authors can turn a profit selling their books themselves, on their own website, at community fairs, through direct mail and so on. Occasionally one will even do well enough to attract the attention of a mainstream publisher, but this is very rare.

Lastly, even though vanity publishers are only providing services for a fee, they act like conventional publishers when it comes to contracts and rights. As part of the publishing arrangement, the author will be required to sign a contract granting certain, exclusive rights to the publisher. The contract may stipulate that the author cannot publish the same work in the same format, or any other format, for a set period of years. In this way, the publisher ensures the author must go back to the same publisher to order additional print runs if the book is successful enough to sell out its first print run. The contract will also specify whether or not the author can buy his way out of the contract before the term is up, and if so, what it will cost. This stipulation lines the vanity publisher’s pockets in the event a mainstream publisher wants to publish the book.

Subsidy Publishing
Subsidy publishing is virtually identical to vanity publishing, except that subsidy publishers will not publish every manuscript submitted to them. Instead, they accept submissions (sometimes for a fee) and choose the manuscripts they wish to publish. Subsidy publishers sprang up as a legitimate self-publication alternative to vanity publishing. Subsidy publishers aren’t all created equal, however. Some are hardly more discerning than vanity publishers, while others are so selective as to rival mainstream publishers.

The worst subsidy publishers are ripoff artists par excellence, assuring every prospective client her manuscript is a diamond in the rough that is practically guaranteed to become a bestseller if she will only pay for professional editing, artwork, promotion, and other services—all of which just happen to be offered by the publisher or a company referred from the publisher. The best subsidy publishers truly strive to distinguish themselves by putting out quality books and dealing fairly with authors, but even in that case the author must contend with all the same downsides as she would face with a vanity publisher. She must pay for a minimum print run and related services, she must sign over at least some of her publication rights in a contract, and she faces all the same distribution challenges as a vanity-published author.


Print On Demand
While vanity or subsidy publishing is fine for a book with a built-in customer base, such as a textbook published by a college professor for use in his class, Print On Demand (POD) is the best way to go for an author who intends to sell her book to the general public. As with vanity publishing, an author who chooses POD is essentially paying for printing services. There is no selection process on the part of the publisher. Also as with vanity and subsidy publishers, POD companies may offer related services for a fee, and the published books aren’t likely to be carried by brick-and-mortar stores. That’s where the similarities end, however.


There is no minimum print run to order and pay for with POD because the publisher stores POD books in digital format. Individual copies of the book are printed and bound by automated systems “on demand”, meaning each time an order for the book is received. The author doesn’t pay to have on-demand copies produced. Instead, the printer keeps a share of the book’s price to cover its production costs and pays the remainder to the author as a royalty.

POD publishers may offer services related to publishing for a fee, but they are also prepared to accept print-ready files from authors. This is where the author can save thousands of dollars, by doing as many of those related tasks as he can for himself instead of paying for services. Some POD publishers don’t even charge set-up fees. In that case, the only expense that must be shouldered by the author is the cost of proof copies, which must be printed in order for the author to review the book before approving it for publication.

With a POD publisher, the author retains all rights to his work. If there’s any contract at all, its terms are limited to the details of fees, royalty payment, services provided and the responsibilities of each party. If your publisher requires you to order a minimum print run or sign over any of your publication rights, it’s a subsidy or vanity publisher. Most POD publishers have distribution relationships with major, online booksellers such as Amazon and Barnes and Noble, through which the bookseller agrees to sell the POD publisher’s books on its website. Some POD publishers only offer this as an optional service, and only for a fee. Another service some POD publishers offer, always for a fee, is ‘guaranteed returns’, whereby brick-and-mortar stores are allowed to return any unsold copies of POD books to the publisher. This is supposed to encourage brick-and-mortar stores to carry POD books, since many cite ‘un-returnability’ as a reason not to carry them, but in reality the centralized purchasing departments and computerized inventory systems of chain bookstores present obstacles at least equal to concerns about money lost on unsold copies. My previous blog post, Big Chain Bookstore Death Watch, provides rationale enough not to invest too heavily in courting big chain bookstores.

All POD publishers can print paperback books in various, standard sizes, both in black and white and full color, but only some of them can print books in hardcover editions. When the hardcover option is available, the production cost for it is much higher than that charged for paperbacks. Since an author who goes the POD route can still opt to pay for certain related services as desired, vanity and subsidy publishers have no advantages to offer the typical indie author. Why pay stiff fees upfront, warehouse your books, and sign away your publication rights if you don’t have to? POD book production is also 'greener', in that no books are printed until they're bought and paid for by actual customers. There are no crates of returns going back to the publisher, no overstock being marked down or remaindered, no unsold copies headed for the dumpster.

Next Time: Rights, Royalties and Advances

Saturday, June 21, 2008

Big Chain Bookstore Death Watch

Bottom Line It For Me, Baby Version (200 Words Or Less):
In a
Random House/Zogby poll released May 29, queried about their habits over the past year, 77% of respondents said they’d bought books online, 76% said they’d bought books in big chain bookstores, and percentages ranging from 16-39% named other outlets, such as supermarkets, drugstores, airports and big box stores. In other words, respondents were just as likely to buy books online as from a big chain bookstore. Asked to specify the single retail outlet from which they’d made most of their book purchases, 68% named retailers other than big chain bookstores. The breakdown is: online – 43%, chain bookstore – 32%, independent brick-and-mortar bookstores – 9%, other retail outlets – 16%.

If you’re an indie author who’s invested considerable time, money and effort trying to get your books into Borders or Barnes & Noble, or has paid higher production costs to a publisher in exchange for listings with these two chains or Ingram’s catalog, you might want to rethink your strategy. If you’re an as-yet unpublished author who has avoided self-publication primarily because the publishing mainstream has you convinced big chain presence is critical, and you know those chains are averse to stocking self-published books, it's time to reconsider.


Go On An’ Run Yo Mouth, I Ain’t Got Nuthin’ But Time Version (Can’t Promise It Won’t Go On Forever):
If you’re still focusing significant efforts on raising your visibility in Borders or Barnes & Noble, or if the difficulty of getting your self-published book into these chains is a major reason for your refusal to self-publish in the first place, the results of a
Random House/Zogby Poll released May 29 will be a real eye-opener.

When asked to name the one type of retailer from which they most frequently bought books in the past year, 43% of respondents said online, 32% named chain bookstores, and 9% specified small, independent bookstores. A specific breakdown isn’t provided for the remaining 16%, but that 16% definitely aren't buying most of their books in chain bookstores. Some quick math on these numbers shows that 68% of respondents buy the majority of their books from outlets other than chain booksellers. Conversely, only 32% of respondents buy the majority of their books in chain bookstores.

In the same poll, respondents were asked to name all the places they’d bought books in the past year. Outlets most often named were online retailers (77%), chain bookstores (76%) and independent bookstores (49%). In other words, respondents were just as likely to buy online as in chain bookstores, and nearly half are also buying from independent booksellers—retailers generally more receptive to carrying indie books. Drug stores, supermarkets, warehouse clubs, big box stores and airports were also named, in percentages ranging from 16-39%, but retailers such as these usually only carry current bestsellers, discounted/remaindered titles, and gift books, so they’re not typically receptive to carrying self-published works. Parse these figures any way you like, but the truth is unavoidable: chain bookstores no longer dominate the bookselling landscape, and in fact are losing ground all the time. None of this should be surprising, and in fact it’s just a case of retail history repeating.

Do you remember precisely when you stopped going to chain music stores like Musicland, Licorice Pizza and Tower Records, and why? For me, a music fan with eclectic tastes, most often looking for artists not represented on Billboard’s charts, the birth of online retailer CDNow (later absorbed by Amazon) was the beginning of the end. No brick-and-mortar store could hope to match CDNow’s selection or prices, and if I wanted something really obscure, I knew I’d sooner find it at an indie/used record store than a chain store. For people seeking chart-toppers, the widening selection of music available at discount stores, big box stores and warehouse clubs like Target, Best Buy and CostCo sounded the music chains’ first death knell.


Department and discount stores couldn’t match the selection of a dedicated record store, but it didn’t matter because their customers were only interested in the most popular current albums, greatest-hits collections and compilations of past hits. Not only could these retailers easily offer a good selection of these low-risk offerings, they could price their titles lower than those in dedicated record stores. Record stores responded by diversifying their product mix with the introduction of videogames, VHS movies and eventually, DVDs, but it was a hopeless strategy built on an already failing business model. There were simply too many other places to get these same items more conveniently, at a lower cost, and in the case of online retailers, with a wider selection. By the time digital downloading became a mainstream phenomenon thanks to Napster, the iPod and iTunes, it was merely the last nail in a coffin already built by other powerful market forces.

Compare this death of an entire industry to chain bookstores’ current situation. Greater selection of books can be had online, at lower prices? Check. Bestsellers, gift books and discount books can be bought more conveniently at other stores, for lower prices? Check. Obscure and out-of-print books can only be found online, or in indie/used bookstores? Check. Attempts are being made to diversify product mix by introducing DVDs, CDs, toys and other products, but none of these products are being offered at lower prices or in a wider selection than through other, pre-existing retail outlets? Check.

Now, explain it to me again: why do publishers and writers continue to believe big chain bookstores still have the power to make or break careers in authorship? Why do indie authors invest in catalog listings with companies like Ingram, or choose to work with higher-priced self-publication outfits on the basis of that outfit’s ability to get catalog listings? True, without the listing your book won’t be accessible to the big bookstore chains’ corporate purchasers, nor those of any other major chain retailer that is not an Amazon affiliate (i.e., Best Buy, WalMart), but none of them were ever likely to stock your book anyway. Most of an indie author’s sales will be from efforts and outlets that aren’t in any way dependent on, nor even necessarily helped by, catalog listings. Worse yet, paying for catalog listings or working with a costlier publisher typically forces an indie author to raise the retail price of his book. This makes the book less attractive to all potential buyers while forcing those who do buy the book to subsidize the cost of its exposure in retail markets that are both small and generally outside the indie author’s reach anyway.


The bottom line is this: even if you succeed in getting a big chain bookstore to carry your self-published book, the maximum market segment you can possibly capture there now stands at 32%, and it's shrinking all the time. Does it really make sense to let 32% of book buyers dictate your choice of whether or not to self-publish, or your choice of publisher, or if you've already self-published, claim the bulk of your promotional resources?

Saturday, May 31, 2008

My First Lukewarm Review

Bottom Line It For Me, Baby Version (200 Words Or Less):

I received my first lukewarm review on Adelaide Einstein a couple of days ago, 3 out of 5 stars on Amazon, followed by a second 3-starrer today. It’s disappointing, particularly since I went out of my way to post lengthy, free, online excerpts of both my novels specifically to avoid this situation. I figured the excerpts would weed out any potential buyers whose tastes don’t mesh with my work, thereby preventing bad reviews. Apparently these two didn’t avail themselves of the excerpts before buying. Even so, in both cases the reviewers praised my abilities as a writer overall and their criticisms weren’t condescending or attacking, so I have no complaints. Books are a matter of taste after all, and there have been plenty of times I’ve picked up a book on the rave recommendation of a friend only to end up wondering what my friend could possibly have found so appealing between those covers. No writer, no matter how skilled or talented, can expect his work to be universally adored or even enjoyed. So long as no one can fairly say I’m a bad writer, I figure I’m doing about as well as can be expected of any author.

(No Run Yo' Mouth version again...too busy keeping that promo train for The IndieAuthor Guide on track.)

Thursday, May 29, 2008

The IndieAuthor Guide Is On Sale Now!

Bottom Line It For Me, Baby Version (200 words or less):

I received my proof copy of The IndieAuthor Guide yesterday and approved it today, getting it listed for sale at the CreateSpace store just under the wire for publicity from Book Expo America over this weekend. And I'm offering my blog and website readers who buy the book from CreateSpace between now and the end of June a 20% discount code to use during checkout: 25HKCF3B . After all, if we were rich we wouldn't have to go all DIY and wouldn't need the book in the first place, right?

Don't think I'm advising anyone to rush a proof into release with only a cursory review, however. The book received a very careful, line-by-line copyedit before I submitted it to the printer to order a proof. I'd solicited for a 'fresh eyes' review of the ms, to check for major formatting errors only, but the wonderful author who took on the task did an incredibly thorough job anyway. I'd name her here, but don't want her to be buried in an avalanche of email requests for the same favor. She knows who she is, and knows she has my utmost gratitude. =')

(No Run Yo' Mouth version again...need to get hopping on promotion for this new release)

Thursday, May 22, 2008

Turning A Release Date Frown Upside Down

Bottom Line It For Me, Baby Version (200 words or less):

I've been working very hard to get my new book, The IndieAuthor Guide, into print in time to reap the benefit of BookExpo America publicity over the last weekend in May. Due to publisher delays (apparently they’re busier than last time I worked with them, because the time it takes to get a proof copy has doubled), my genius plan to have the book on my site and ready to buy ahead of BookExpo was dashed. I knew some kind of 'come back in a week or two, three at the latest, because by then I swear my new book will be available' message wouldn’t cut the mustard. Getting ‘em to your site is hard enough; if they don’t find what they want on that first visit, good luck getting ‘em to come back.

Behold, my new genius plan: I put a ‘coming soon’ message on my website, along with the offer of a 20% discount code for anyone who emails me asking to be notified when the book is released. This strategy may net me more sales than if I had gotten the book out on time, and I'll have some idea of demand for it early on.


(once again, no Run Yo' Mouth version...too exhausted to write!)

Thursday, May 8, 2008

Got eBooks?

Bottom Line It For Me, Baby Version (200 Words Or Less)

By now, I'm sure most of you know all about my IndieAuthor Guide to Publishing For The Kindle(TM), but what about all those other ebook formats? Finally, there's Smashwords: a service that works much like Amazon's DTP but outputs ebooks in pdf, prc, rtf, txt and pdb formats. Smashwords is the brainchild of Mark Coker, who runs a PR firm and is also a Silicon Valley investment capital 'angel'. He's as passionate about the indie author movement as I am, but he's got far more resources at his disposal and is putting them to good use in advancing the causes of indie authors and ebooks. Smashwords is Mark's way of doing all of us a solid, and it's an endeavor that deserves our support. Smashwords is free to join, it's free to publish your content, you set your own pricing, and you keep 85% of the profit. The Smashwords system is easy to use, and flexible in terms of acceptable source document formats (i.e., doc, txt, html). Mark's motives are pure, as evidenced by the fact that authors can offer their Smashwords books for free on the site---earning Mark exactly 15% of $0. Sign up, and spread the word.

(No Run Yo Mouth Version Again...Still Too Busy!)

Thursday, May 1, 2008

An Indie Author's Work Is Never Done

Bottom Line It For Me, Baby Version (200 Words Or Less)

What have I been up to since my last entry? I completed The IndieAuthor Guide to Promotion and posted it at my website. I revised The IndieAuthor Guide to Publishing For Kindle and posted that, too. I submitted my first article to Teleread. I got the news I’d been selected as a featured author in the BookSurge / CreateSpace booth at this year’s BookExpoAmerica and submitted the associated release and interview forms. I learned my novel Adelaide Einstein was chosen as a book club selection, so I prepared some discussion questions and posted them to my website as well. I checked my website and sales stats, tried to keep on top of email and online discussion groups, continued stoking the promo fires, and ruminated about my works in progress on a daily basis. Next, I’ll compile all my IndieAuthor Guides into a single volume, add more illustrations and supplemental content, proofread it, get it edited, design some cover art and submit it for publication through CreateSpace—ideally, in time to reap the benefits of any attention I get as a result of the BookExpo (May 29 – June 1). Don’t worry, the free, individual Guides will still remain on my site.

(No Run Yo Mouth Version This Time...Too Busy!)