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 Saturday, May 17, 2008
Day 2: Pennwriters (Tips, Insights)
Posted by Jane
A recap of Saturday's events. Successful Nonfiction Pitches (Irene Goodman)In the morning I attended a session by agent Irene Goodman (25 years in the business), who spoke on developing a strong nonfiction book pitch. She posed the following question to the audience: How much will the publisher support your book, or what will they do to promote it? A few people in the audience responded (somewhat dismally): Zero. Nothing. They do nothing. (An aside: Even though many writers know the correct answer to Irene's question, I meet very few writers who actually incorporate their platform into their pitches—almost as if all writers believe they are the exception to the rule. Irene told me later that writers have a hard time personalizing this advice about platform. They hear it, but don't apply it.) In any case, much of Irene's talk focused on developing a platform attractive to an editor or agent. She touched on various elements author platform, such as: - having a current Web site, with interactive elements (podcasts, videocasts, blogs)
- building a mailing list (which is only meaningful if at 2,000+ names)
- sending out regular e-newsletters
- participating in online communities
- being a joiner (putting yourself out there)
- publishing articles for magazines, newspapers, etc.
- speaking at organizations and events
- getting attention from local and national media
An interesting point I haven't heard before: Irene said "real deal" authors (people who are experts in their area or passionate about their book topic) may not have a platform because they're busy doing their "real" jobs (being a teacher, being a doctor, etc). But even those people need to find ways to reach out and market themselves and build a platform. (She gave an example of a committed teacher who already speaks frequently to local PTA groups as part of his job. To build platform, his next step would be to find a national PTA group where he could speak.) Other highlights from Irene's talk: - She highly recommended an e-book by MJ Rose and Douglas Clegg, Buzz Your Book.
- Never put in your book proposal something like "This would be great on talk shows (radio, TV, etc)." Of course your topic would be great on talk shows. But so what? Who cares? What are you (the author) doing to make it happen? As an example of a proactive writer/author, Irene described a flower arranger who might send flowers to producers, with a note saying, "I can show your audience how to do this." Even if your attempts aren't successful, at the very least it should help you build contacts, or a network.
- And: You probably have more contacts than you think. Don't be afraid to ask for things—but be genuine, be real.
Today's PitchesThe best pitches I heard today were from writers who focused on their market (audience) and how the audience would benefit from the book. The less successful pitches focused on the actual content of the book. I think the right ratio for a nonfiction book pitch is: - 30 seconds on who the market or audience is and what problem they need to solve
- 15 seconds on the book concept/hook that addresses that problem
- 30 seconds on who you are (the author) and your platform (how you reach readers today)
Lunch Speaker: D.L. WilsonNovelist D.L. Wilson talked about "practice novels": write that first manuscript, just to practice your craft and get it out of the way, then lock it in the closet. It's not a waste of your time; it's an excellent use of your time, because you're practicing and getting better. He also said that editors have such enormous workloads these days that authors should not expect meaningful involvement ... unlike the early days of Robert Ludlum, whose editorial process with his legendary editor spanned 1-2 years for his first novel ( The Scarlatti Inheritance), which then became a bestseller partially due to that revision process. Do editors today have time for such an involved process? Most do not. Publishing Trends (Irene Goodman)In the afternoon, Irene gave a whirlwind tour of what's hot and what's not in today's book publishing industry. Keep in mind the date of this list (May 17, 2008); it will go out-of-date fast. FICTION - Novels with "craft" themes (knitting, quilting, etc)
- Female protagonists in thrillers, "damsel in control", kick-ass heroines, Buffy-derivatives
- In romance, old-school is now in style
- Historical fiction, particularly Tudors and Elizabethans, sexy royal soap operas
- Urban fantasies, THE hottest thing is young adult urban fantasy with female protagonists
- Erotica is in (both good and bad erotica)
- OUT: cozy mysteries without any hook, paranormal romance, biblically based quest for a legendary object, macho guys, chick lit, American historical fiction, male private-eyes, English village mystery
NONFICTION (Note: Irene stressed this genre is less trend driven. It is platform driven, since all you need to do is prove there is an audience that you can sell to.) - Participatory journalism
- Memoirs, only if extremely well-written, if you have something very special or unusual to say. Pet memoirs.
- Fun, upbeat animal books, even narrated by the animal, not too cutesy, it has to be "real"
- Crafts
- OUT: Elizabeth-Gilbert also-rans, green books, cutesy memoirs, parenting
Agents | Conferences/Events | General | Getting Published | Industry News & Trends
5/17/2008 3:41:04 PM (Eastern Daylight Time, UTC-04:00) Trackback
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 Friday, May 16, 2008
Day 1: Pennwriters (Tips, Insights)
Posted by Jane
A recap of my first day at Pennwriters. Tip: Pitching Your NovelThe first bit advice comes from Jonathan Maberry, which was actually shared with me by Bill Peschel, who picked me up from the airport. (Thanks, Bill!) Maberry said: Don't get bogged down in the plot details when you're pitching your novel. Sell the story, don't tell it. I couldn't have said it better myself. Additional tip: I always recommend that writers ready to pitch look in Donald Maass's Writing the Breakout Novel Workbook, and flip to the last page for a great worksheet on constructing your novel pitch. It will help you avoid a too-detailed pitch. Deep Thoughts from Joyce Carol OatesThis was the first time I'd heard Oates speak. About halfway through her keynote, I thought, "Man, she's really focusing on the dark emotions behind writing. Why?" By the end, I remembered: It's Joyce Carol Oates. Her talk was titled "Woundedness, Rejection, and Inspiration," and she seemed to pull many anecdotes from her recent book about the ending days of famous writers. She said she's fascinated by how rejection affects writers, wounds writers. She discussed the equation of emotional vulnerability + imagination + non-complacency + asking questions + questing. She also spoke of writers who are wounded during childhood and become isolated, which then leads to "compulsive speech." She gave Anais Nin as an example. She raised issues for me that strike at the core of what or who we think writers are as people (or what perhaps drives great writing or writers), such as: - Are writers more vulnerable than others? Does vulnerable mean weaker? And is this because they are more sensitive or empathetic to people/environment? (Or are these two separate issues entirely?)
- Does the best work spring from dark emotions, dark experiences, or dark childhoods? (It's like the New Yorker cartoon where the creative writing student calls up her parents and blames them for not giving her a more wounded childhood so she has good material.)
- Is solitary confinement necessary for great art? Must writers step off the traditional cultural path in order to create great art?
- Are happy writers better writers? Does happiness interfere with great art?
One thing Oates mentioned that was not dark: She says she's had many brilliant, talented students (at Princeton University), but some just fade off and don't really do anything. And then there are others who are dedicated, loyal, and intelligent of course but not flashy. One of those was Jodi Picoult, who she described as very methodical, modest, hardworking. And a final interesting bit: One person asked what Oates liked least about writing or the writing life. Her response: Writing a first draft, or those first six weeks. After nearly 50 books written and published, she still thinks to herself, "I just can't do it." She becomes nervous, every time. Nonfiction Critique SessionTonight I reviewed four nonfiction writing samples in a group setting, along with author Shirley Brosius. What struck me was the fierce passion of each author for their idea (or story) and their desire to have that shared with or validated and heard by others. When discussing intensely personal stories (usually memoir), it can be difficult, sitting on the opposite side of the table, to say, "Well, I know this story is meaningful, but why will anyone be interested? How will it sell?" I begin to sound like a real cold-hearted creep! Over a year's time, I hear dozens of personal stories that focus on grief, loss, tragedy, or sickness. (One agent I know calls them "autopathologies.") The writer is clearly attempting to make sense of an experience that has transformed his/her life, and turn it into something that can help others. The challenge is that few of today's readers visit a bookstore wondering what new book about grief and loss should be on their nightstand (hence, the success of series like Chicken Soup for the Soul or Cup of Comfort.) However, these same readers might be wondering: How can I solve this tragic problem I have? How can I become happier? (Self-help to the rescue!) For writers with a challenging personal story to tell, I usually advise: - Write it with heart-aching beauty so that no one can put it down.
- Find a freakish marketing angle. (I had a hard life because I had 2 heads!!)
Neither are easily accomplished. Conferences/Events | General | Getting Published
5/16/2008 11:19:18 PM (Eastern Daylight Time, UTC-04:00) Trackback
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The No. 1 Requirement for a Good Experience
Posted by Jane
Last year, I started using a Web application for my to-do list, Gootodo. It's a brilliantly simple little tool that has streamlined my work life. Simple but useful tools are difficult to find. The creator of this tool, Mark Hurst, has an e-newsletter I subscribe to called Good Experience. His latest newsletter (and blog post) discusses the No. 1 requirement for a good experience, which goes against the grain of most business thinking: empathy. Empathy - the driving force behind good listening - is the number one requirement for anyone who wants to create a good experience. Not a long list of methods, not a scholarly knowledge of one's niche field - but empathy. Anyone can learn a method; but people who can listen, can pay attention, can see the experience from someone else's perspective, are rare and valuable.
Writing a book, for example, requires the author to constantly read and re-read the text from the perspective of the readers: will this make sense to them? Not to me, the author, but to someone who's coming at this fresh?
Throughout the years, my own company has been fairly good at this. We conduct surveys, focus groups, and make it easy for customers to contact us. Our editors are not protected from the random calls coming into reception from people who want to know how to get published. I believe we do listen. While F+W may not always succeed in delivering a good experience, at the very least we know what that good experience looks like, even if our own internal systems prevent us or limit us from delivering it! (One example is WritersMarket.com, which is an excellent tool, but still needs improvement—and that's a task we've been undertaking intensively for more than two years now.) But back to writers specifically: If you're writing a book, are you really focusing on the reader, or are you more concerned with publication or "spreading your message"? Of course there's nothing wrong with being motivated to spread a message, but what I find unique is when a writer wants to help or benefit others, and asks that question first and foremost. Then the writer has his focus on the right place: the marketplace. In fact, if more writers honestly asked themselves this question, would they still conclude that writing, publishing, and promoting a book is the best course of action? Building Readership | General | Getting Published
5/16/2008 10:33:34 AM (Eastern Daylight Time, UTC-04:00) Trackback
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On the Road: Pennwriters Conference
Posted by Jane
 This morning I depart for a weekend at the Pennwriters annual conference (their 21st year), in Lancaster, Penn. Here's a glimpse of the activities. Friday night - 6p. Joyce Carol Oates delivers keynote speech at dinner.
- 8:30-11p. I read and critique nonfiction in groups with writers.
Saturday - 10:30-11:30a. I take pitches.
- Lunch: Speaker D.L. Wilson.
- 1:15-2:10p. I take pitches.
- Evening. Masquerade party.
Sunday - 9:15a-10:15a. I give a workshop on Nonfiction Queries and Submissions.
- 10:30-11:30a. I take pitches.
- Closing ceremonies at noon.
Other guests from inside the publishing industry include: - agent Irene Goodman
- agent Ginger Clark
- agent Jessica Regel
- agent Elaine P. English
- Avon editor Tessa Woodward
- HarperCollins editor Melanie Donovan
- Tor Books editor Paul Stevens
- Berkley editor Ginjer Buchanan
- agent Kim Lionetti
This is my third year speaking at Pennwriters—they always deliver an excellent program. If you're attending, I hope you'll find me and say hello. Conferences/Events
5/16/2008 7:43:59 AM (Eastern Daylight Time, UTC-04:00) Trackback
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 Thursday, May 15, 2008
Trouble in Vending Machine Paradise
Posted by Jane
An update on the new vending machines at F+W, as told by this quaint photo essay.  The new vending machine needs a new part.  Teresa is a longtime veteran of F+W who works in the mail room, and has been instrumental in the new vending machine strategy.  Eh, who needs decaf anyway?  Coming soon to a conference room near you: New Vending Machine Training F+W Life
5/15/2008 1:28:28 PM (Eastern Daylight Time, UTC-04:00) Trackback
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(P.S.) E-books at Tipping Point
Posted by Jane
Today over at Publishers Weekly, they're reporting that “give the customers what they want” was the theme at Digital Book 2008. … publishers and technology developers sounded the same note over and
over again, pointing out that the Internet has given them unprecedented
access to consumer feedback, and that the way to grow the e-book market
is to listen to what readers are saying. “Power is shifting to the
consumer,” said Matt Shatz, v-p of digital at Random House.
Not exactly groundbreaking news, but you can read the full news item here. Digitization & New Technology
5/15/2008 11:41:35 AM (Eastern Daylight Time, UTC-04:00) Trackback
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E-publishing Trends, Part 2: The Advantages of E-books
Posted by Jane
My earlier post this week on e-publishing trends has sparked some excellent comments from people who are closer to that technology and business than I am (since I admittedly come from a company that does not currently offer e-book product, except random PDF downloads or CD/DVD compilations). Here's a little of what Susan Edwards from Ellora's Cave had to say: Ebooks also give advantages to readers and authors, especially new,
unknown writers. First, because the cost of production is so much
lower, we can sell books for less. That means readers are more willing
to take a chance on an unknown author. Second, there is no bookstore
shelf life to an ebook. A new author often has a very small window of
time in a bookstore to snag an audience before her books are removed
and shipped back to the publisher. If the book doesn't sell well in
that time, that author's going to have a difficult time getting the
next book published. Not so with an ebook, which can take as much time
as necessary to find its audience. Low overhead also means the
publisher can afford to take more chances on an unknown author or even
genre, and it changes the royalty equation. At Ellora's Cave, ebook
royalty percentages generally run about three times higher than print
royalties.
And, of course, there's that instant gratification. If you can't
sleep in the middle of the night, you can download that one you heard
about today instantly.
Self-publishing guru Dan Poynter also chimes in with all the reasons why he switched to e-books from print books long ago. I recall reading (and forgive me, I've forgotten where) about a soon-to-be world where we might visit bricks-and-mortar bookstores as usual, not necessarily to buy physical books, but as a browsing ground to find out what book we want to read next, then pull out our wireless reading device and download it while we're in the store, without buying a physical copy. This vision assumes a few things: - Visiting bookstores is a social or leisure activity, that will remain enjoyable in and of itself, even if we're not necessarily making a physical purchase. Obviously you can see the evidence of this with the cafe culture that has been integrated right into major bookstores.
- It's easier or more desirable to browse physical books or bookshelves, rather than try to do so on a computer. (This is easily disputed, although I don't know many people who go to Amazon just to kill time browsing? I always go with a very specific purchase in mind.)
- These physical bookstores will still need to turn a profit if they're not selling physical product; let's assume that when you download a book in a store, there's a way to track that sale back to that specific store, so they benefit.
As long as physical bookstores exist and stock product for people to browse or buy, they'll continue to have an impact on which authors are most in the public eye (for better or worse). This is kind of a tangent, but an important one, because I sense that many people in the e-publishing (and self-publishing) business hope that new technologies will take some of this power away. Very hard to say; if bookstores aren't the ones who are the major influencers in what the public sees and buys, someone else will play that role, whether Oprah figures, mass or niche social networks, etc.
Digitization & New Technology
5/15/2008 9:29:19 AM (Eastern Daylight Time, UTC-04:00) Trackback
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 Wednesday, May 14, 2008
Informal Contest: Can You Guess the Age of This Writer?
Posted by Jane
 The writer pictured above has been working for three days straight on a revision of his novel, before submitting it to agents and editors. I imagine this to be the central image in a public service announcement that warns against a writing career. Now for something very unfair: Please guess (in the comments of this post) the age of this writer. Hurry and comment soon, because if my featured writer discovers what I've done, I will likely have to remove all evidence tout de suite. Commence! Fun
5/14/2008 8:57:00 PM (Eastern Daylight Time, UTC-04:00) Trackback
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A New Dawn, A New Day at F+W Publications
Posted by Jane
For years I have waited for this day. The day that F+W Publications finally decided it would catch up with the times. The day that all F+W Publications' employees could have that satisfying feeling at the end of the day. The day that F+W Publications took a risk, because without risking one's self, how can we find our true self?  Today, we're getting new vending machines. (Photo shows our lobby sign making the announcement.) Now, before you joke, let me describe some of things we have observed or accidentally purchased in the old vending machines: - Orange Jell-O square with side packet of mayonnaise
- Peeled, boiled eggs floating in a small watery puddle
- Feathery green Sno Balls
We've been told these new vending machines will offer real coffee and even ice cream. And possibly Pepsi in cans. F+W Life
5/14/2008 3:31:36 PM (Eastern Daylight Time, UTC-04:00) Trackback
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The Litmus Test: How Well Do You Understand the Book Publishing Industry?
Posted by Jane
In our office, we keep a little book of quotes where we record the strange, funny, or absurd things that people say, both knowingly and unknowingly. Here is something we captured from early 2007: “Someone’s buying those books. I have no idea who.” —Steve Koenig, (former) F+W National Sales Manager When you read that, what is your reaction, on this scale of 1 to 5? 5 - Laugh out loud funny!!! 4 - Very amusing! 3 - Huh? 2 - Long and knowing sigh. 1 - Sad silence, with slight downturn of the lips.
The closer you are to the book industry, probably the less funny (or absurd) this quote seems. It reveals what I often call the dirty little secret of (trade) book publishing: We don't know who's buying our books. All we know are the middlemen: the distributors, the wholesalers, the chains, the reps, etc. Many book publishers are experts at working the system to get books distributed, placed, and promoted in outlets far and wide. But are we experts at knowing the reader? Do we know, in the end, who's buying our books off the shelf? In many cases, we do not. One of the historic best-selling series at F+W is on painting rocks. It all started in 1994 with The Art of Painting Animals on Rocks by Lin Wellford. Over the past 10-15 years, our rock painting books have sold more than 1 million copies. Who's buying these books? Sometimes, we have an idea, when we're able to talk directly to consumers (like through book clubs or at specialized trade shows). But mostly, we don't have a clue. This is why publishers depend on authors to know their audience/readership, and to develop a platform that can reach readers directly. The publisher is often incapable of doing this effectively or efficiently. Of course, some publishers do have strong direct-to-consumer businesses and know how to promote directly to readers. Rodale is one example. Hay House is another. ( Click here to read a fascinating article on how the Hay House business grew, and continues to grow, through its ability to reach consumers.) In the future, given how technology/digitization is changing how people find and purchase products/content (and how distribution models are changing for all media), the publishers who succeed will be the ones who can directly reach and market to readers, and have expertise in serving that reader—rather than just being expert at driving product to the middleman. (Thanks to Grace, WD's managing designer, for providing excellent fodder for this post, that is, the quote itself!) Building Readership | F+W Life | Industry News & Trends
5/14/2008 10:25:17 AM (Eastern Daylight Time, UTC-04:00) Trackback
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 Tuesday, May 13, 2008
E-Publishing Trends? Stop Thinking About It As "Trend"
Posted by Jane
Recently I was having dinner with a friend who doesn't work in publishing (and isn't an aspiring writer). He brought his Amazon Kindle to show off, and since I'd seen one before, I approached the situation with a certain blase attitude. ( Please, I know so much about that device already, what are you really going to show me that will impress me?) For Kindle entertainment purposes, we started a hypothetical argument about a random book, in this case Henry Miller's Tropic of Cancer. Right there at the dinner table, we turned on the Kindle, searched for the book in Amazon's Kindle store, and downloaded the full text of the book in seconds, for about 50 cents. (For those who don't know, the Kindle is a wireless device; you don't have to sync it or connect it to a computer to download new books. Plus there is no fee associated with the wireless service. If you have the device, it simply works without further subscriptions or payments.) I believe you can download the entire works of Shakespeare for a couple dollars. Bestsellers are priced higher, at 9.99. In the past couple months, I've received more questions than usual from writers who want to know about e-publishing trends. And I always have to ask in return: Well, what kind of e-publishing do you want to know about? Around 2000, the major publishers (before the dot-com fallout) launched new divisions dedicated to e-books, and they all failed. At that time, there wasn't a device like the Kindle, and no standard format for e-books. Plus the reading experience (as far as reading on a screen) wasn't very advanced. Many writers, when they ask the e-publishing question, are really asking about that debacle. Others are really asking about e-publishers (e.g., Hard Shell Word Factory) who base their business on acquiring and selling e-books (and sometimes releasing them in paperback). These publishers have had some challenges in proving their legitimacy, but the best of them have a very targeted audience and serve that audience well (e.g., Ellora's Cave). And still others think of e-publishing as what an author might do to self-publish on the cheap (like posting your novel in PDF form on your own Web site or through a company like Lulu). The problem, perhaps, is that "e-publishing" is becoming an old-fashioned term. That term doesn't make sense any longer. All publishers (from traditional publishers to e-publishers to self-publishers) should have a strategy for their book (or their content) that takes advantage of multiple formats or at least delivers it in the one format that most of the audience wants. Any publisher that cannot provide content (or a book) in digital format will lose readership and sales. And so now you see publishers rushing to digitize all of their content, and store it in such a way that it can be sliced/diced to suit customer demand and pushed out through many different channels. So back to the Kindle. It is flawed (it's a first-generation device after all), but the experience of using it immediately gives you a vision of how people will consume content or buy books in the future. I have three hefty bookshelves at home, and most are filled with titles that I've kept for reference for 10 years. Would I have been happy to see those stored on a Kindle instead of boxing them up eight times (because that's how many times I've moved in the past 10 years)? Absolutely. Eventually, all books (from all publishers) will be available in digital form, and the only details to hash out are whether you will receive the electronic version for free when you purchase the print book, or if electronic books will be sold more cheaply than print books, or whatever. I have yet to see any organization figure out the economics behind it, and for the most part, e-books from traditional publishers have been priced too high (until Kindle). However, one publisher that has consistently had the most enlightened and progressive strategy is O'Reilly (which also runs an excellent conference for publishers called Tools of Change). In some cases, readers will only desire the content in digital form (and never in print form), and everyone knows that traditional print runs will be greatly reduced and in some cases completely disappear for certain types of work. Yesterday, I read in the New York Times that there are no plans to print a new edition of the Oxford English Dictionary. Of course it will continue to exist, but in digital form. I don't consider that a trend as much as the biggest paradigm shift in book publishing since Gutenberg. Digitization & New Technology | Industry News & Trends
5/13/2008 12:19:49 PM (Eastern Daylight Time, UTC-04:00) Trackback
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 Monday, May 12, 2008
"Small, Crafty" Publishers Are Back in Style?
Posted by Jane
New York magazine has published an article on Random House's Peter Olson, who will soon be stepping down from his position as CEO. It provides a quick overview of what Olson did to change Random House, but why, perhaps, his changes did not lead to the company's longterm success. Of course there are many measures of success, and this article greatly simplifies matters, but the most interesting tidbit: Random’s size became a liability. Even with megahits like Bill Clinton’s memoir and The Da Vinci Code,
the company’s annual revenue has been stagnant. To maintain its 20
percent share, the company has to publish around 2,000 titles, while
more-efficient rivals like Hachette do under 500 titles for about 10
percent of the market. It’s a quarter of the work for half as much
market share. The
publishing stars of the last ten years were small, crafty outfits able
to exploit a niche: Miramax had a magic touch with publicity, Judith
Regan’s company-within-a-company made the most of the cable-TV freak
show, and Regnery mined conservative politics. Demand driven by product
and publicity—Oprah, The Daily Show, and Today—replaced
distribution. Margins followed. Olson’s company was too big to easily
adapt. So I take away two lessons for the future of publishing: - Publishing more titles doesn't mean we profit more. (Less work can actually be better!) We must be aware, we must be intentional in what we are publishing.
- The mantra I repeat to writers/authors: Exploit a niche. Exploit a niche. Exploit a niche. You have to know what you're about, be passionate about it, and not ask forgiveness for it or be embarrassed by it (think Judith Regan).
Industry News & Trends
5/12/2008 9:53:24 AM (Eastern Daylight Time, UTC-04:00) Trackback
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 Friday, May 09, 2008
Agents Receive Form Rejection Letters, Too
Posted by Jane
I was catching up on my reading this past week, and stumbled upon this gem from a Poets & Writers interview with literary agent Nat Sobel: "I don't get too many form rejection letters anymore. I usually respond by sending my own form rejection letter to the editor. I tell the editor, 'Our agency no longer accepts form rejection letters and we have decided to remove you from our submission list.' … The editors who tell you specifically what it is that they didn't like about the book are valuable. And you don't get too much of that."
It might be comforting for writers to know that even wonderful agents (like Nat Sobel) can have a difficult time receiving a (or any) response from editors. I have to say, though, that I never dreamed an editor would send a form rejection to an agent. (I don't even send form rejections to authors!) It just feels like bad business, especially if you're counting on agents to send you their best stuff, and if you want them to see how you'll do a good job as, well, you know, an editor, an editor being someone who can actually respond intelligently to someone's work and recommend changes (although Nat says there are two kinds of editors these days: the acquiring editor and the hands-on editor who also acquires, the latter being in short supply). The interview with Nat is very lengthy, but every word is worthwhile. Highly recommend. Getting Published | Agents
5/9/2008 3:44:20 PM (Eastern Daylight Time, UTC-04:00) Trackback
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 Thursday, May 08, 2008
Exclusive Online Peek: Serfitt & Cloye Gift Catalog
Posted by Jane
This past week, I've been putting the final touches on a Fall 2008 title, The Serfitt & Cloye Gift Catalog by Bob Woodiwiss, from TOW Books. It's a parody of the gift catalogs you probably receive from luxury retailers. Here is one of my favorite catalog items. (Illustration by Andrea Jensen.) FICTIONALIZATIONFor anyone who’s ever dreamed of being a character in a Jane Austen novel. For the fiction lover who feels that in reading Yossarian’s, Gatsby’s, Karenina’s, or Portnoy’s story that she is reading her own. For the person who always thought she’d pour her heart into the creation of a great book one day, but now knows there’s a faster, easier way. Yes, for all these literature lovers and more, may we suggest Fictionalization. With Fictionalization, you give the gift of fictional life. Because your name (or the name of whomever you should choose to designate) will replace the name of your favorite fictional character throughout any classic, near-classic, or pulp novel. Name substitution will begin with a newly published edition that will replace all existing editions and shall continue in perpetuity, that is, in all subsequent printings of your selected title for all time. Demand is already hot, so make your reservation now. Titles already in production include Flaubert’s Madame Winfrey, Burroughs’s Murdoch of the Apes, and Shakespeare’s Rosie O[’Donnell] & Juliet. Hundreds of other titles available. Fictionalization: from $100,000 (Friar Tuck level) to $100 million (Jesus Christ level). F+W Life | Sneak Peek
5/8/2008 4:17:43 PM (Eastern Daylight Time, UTC-04:00) Trackback
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The Friedman Watch!
Posted by Jane
 In today's PublishersLunch, there's a news brief on third-quarter results at HarperCollins; as usual, Jane Friedman gives her analysis: "The one soft spot
is Zondervan, which is not a new story," Friedman says. "What's going
on in the CBA ... is pretty scary," she observes, adding that "the CBA is
really diminishing and I'm not one who thinks it's going to recover any
time soon." With Christian customers buying more product in the general
market, Friedman says that Zondervan's books need to "have the content
and look for the general market." Friedman believes that "what Nelson
is doing is absolutely correct" in trimming and refocusing their list
and says "we're also looking at our title count. Zondervan has to
publish fewer books and focus on more of the books that have the
potential" to work in the general markets. On the brighter side,
Friedman notes that "spirituality is going through the roof," with the
company benefiting via the Harper One division.
What genius that both Jane Friedmans are in agreement over Nelson -- and reducing title count! Industry News & Trends
5/8/2008 1:38:24 PM (Eastern Daylight Time, UTC-04:00) Trackback
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 Wednesday, May 07, 2008
Must Books Always Be Sold on a Returnable Basis?
Posted by Jane
Just yesterday Galleycat referenced a Bloomberg article, "As Books Fill Dumps, Publishers Target Return Policy" by Edward Nawotka.
The article is a good overview of the book publishing industry's return policy -- or a good overview of how wasteful and insane it all appears to outsiders.
Here are the basics, for those unschooled in returns:
- All books are sold to bookstores on a returnable basis. Books can be returned at any time, for any reason, for full credit.
- Today the industry-wide return rate is about 30 percent. That means 30% of books that are shipped to stores are eventually returned to the publisher. (Returned product may be resold, remaindered, or destroyed.)
- When thinking about book sales, authors should always think in terms of "sell-in" and "sell-through." Publishers sell the books INTO the stores, but those books haven't actually sold until they sell THROUGH the register into the hands of a consumer. Book authors may see reassuring sales figures on their royalty statements during the first 6-12 months of release, but those sales figures may actually DECREASE if returns are heavy. Some publishers even reserve the right (in an author's contract) to withhold royalty payments as a reserve against anticipated returns.
What particularly caught my eye in the Bloomberg article was a quote from a Publishers Weekly editor, Jim Milliot. He comments on an effort by Robert Miller at HarperCollins (run by publishing genius Jane Friedman!) to create a new imprint that will work on a nonreturnable basis, among other innovative things. He says:
"It would require Random House or HarperCollins to develop
an entirely new business model, and that is not going to happen."
Aside from the fact that the book business is undergoing tremendous change due to advancing technology and digitization of content, is publishing's current business model exactly a desirable or profitable one? Isn't it about time that we found a way to do business that actually makes sense and doesn't waste millions of dollars? We have to develop an entirely new business model—fast—if we want to keep readers (even grow readership?), if we love books, if we love our jobs. (To see another publishing company that knows how to transform a business model, see my previous post about Thomas Nelson cutting back its list.) Industry News & Trends
5/7/2008 9:58:43 AM (Eastern Daylight Time, UTC-04:00) Trackback
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 Tuesday, May 06, 2008
What Use Are Publishers Anyway?
Posted by Jane
Last week I was corresponding with an aspiring book author, Vicki, who is interested in attending the BEA/WD Writers Conference, which I help organize. She asked the following: We have written a self-help book, neither one of us has been published before, and we would not be considered "experts" in our field. We would not only like to sell our book, but we would also like to hold workshops based on the book. So with that tiny bit of information here is my question ... Should we self-publish and sell the book through workshops or look for an agent and a publishing house to publish the book for us? A grass roots marketing campaign through workshops is how we originally thought we should go, but then we always go back to the question of whether or not to look for an agent and go that route.
From what I have been reading the author is required to do all of the info gathering leg work, come up with a marketing plan, and then market their book. So what is the benefit of going through an agent and publisher? If we are going to have to do all of this type of work anyway - why not just do it for ourselves? The agent may or may not help with some of that - they seem to mostly shop the manuscript around. The publisher seems to print the books only. Or am I mistaken in the roles of writer, agent, and publisher?
There seems to be so much conflicting information out there. Trying to interpret it all can be a little overwhelming at times. This is how I have finally broken it all down in my head. If we self-publish we pay to have the book edited, we layout the book, we pay for the publishing costs, we come up with a marketing plan for the book and workshops and we market them ourselves, we put the book on Amazon and a few other sites, we deal with orders and shipping, and we deal with ordering more books from our publisher.
If we go the agent and publisher route we pay to have the book edited, we do the market research on our type of book, we come up with a marketing plan based on those findings, we find an agent (I can see where The Writer's Workshop could considerably cut down the time this would take), the agent shops the book around and then if we are picked up - a publishing house publishes the book, we market the book based on our plan or a revised plan, the publisher tries to get the book on as many shelves as possible, and I don't know how the workshop aspect would work.
I guess the third option would be to self-publish and then when we have sold so many books and held so many workshops then look for an agent and publisher. This route would probably get us closer to the "already been published" status that is more appealing to agents and publishers alike. However, I am still not clear on the benefits of an agent and publishing house other than possibly the book being on more bookstore shelves and not having to deal with shipping and receiving.
I know I dropped a HUGE question on you. I think we are just too close to the process to see a clear path. So any directional advice that you feel comfortable in giving we would greatly appreciate.
I could probably write an entire book in response to this one question, but I wanted to be succinct, and sent Vicki the following. I don't think you're mistaken about what a publisher does at all; it's true you end up being responsible for marketing, promotion, publicity -- and the burden is definitely on you to ensure the book's success.
The bottom line here is that if you decide to publish the book yourself, how will you distribute the book and get it placed in stores nationwide? (This is exceptionally difficult.) Are you willing to sell it out of the back of your trunk and fight for every bookstore to stock it? Plus, as you've noted, if you want a traditional print run (rather than a print-on-demand book), you have to pay the costs associated with warehousing, fulfillment, and order processing. It's basically like running a small business -- very time consuming and requires a skill set that's very different from writing a book. Most people tire of it quickly.
A traditional publisher lends your book credibility that self-publishers have to earn and prove every step of the way. And it's easier to get others to pay attention to your book if you are traditionally published -- e.g., reviewers, media, other professionals, etc.
However, if you think that 75% or more of your book will ultimately be sold direct to consumer, at workshops, then self-publishing is probably a smarter way to go. Then it really doesn't matter if your book is stocked anywhere.
That's a pretty brief answer to what is indeed a big question, but that is what it boils down to. While finding a publisher or agent takes time and effort, the self-publishing path requires the same investment -- if you're doing it in the best way possible.
Considering the brevity of my answer (and the many facets of the question), I told Vicki I would open up the conversation on my blog. Would love to get your comments (as Vicki would)! Getting Published | Self-Publishing
5/6/2008 11:32:38 AM (Eastern Daylight Time, UTC-04:00) Trackback
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 Friday, May 02, 2008
Admirable Publishers Who Cut Their Lists
Posted by Jane
It was recently reported by PublishersLunch and Publishers Weekly that religious publisher Thomas Nelson is cutting about 10% of its staff, in part because they are cutting their title count by half. You can read CEO Michael Haytt's blog posting on the news. In recent months I've been asked more than usual by authors and agents how the business is doing. While the Nelson announcement may be interpreted on the surface as bad news for writers, the insiders I know applaud this move. One of the strange realities for me and my colleagues is that while we love book publishing, and often have personal investment and devotion to the categories we publish in, we practice daily self-flagellation for overpublishing. (Well, I'm the only one who went out and bought a hairshirt over this matter.) Why do we knowingly acquire too much stuff? Here at F+W, it's the bottom line. If you cut back on the number of titles, how will you reach the same revenue goals? Only by selling more of less -- a risky proposition in today's book retail environment. (Fewer people reading, flat sales.) If publishers are in fact truly overpublishing, and we're crowding ourselves off the shelves (and it's hard to argue that we're not, when bookstores return titles to publishers if they don't sell in 3 months, in order to make room for new stock), then one hopes that a publisher gutsy enough to cut back will be rewarded by selling more of less. Two caveats: 1. Perhaps publishing more titles is sometimes good/OK because it means more variety: more markets or audiences are served, more niches are served, and as The Long Tail phenomenon has shown, the world is moving in a specialist-niche direction, not a mass-market direction. 2. Creating fewer titles should give publishers the opportunity to give more valuable, meaningful time to each title especially during marketing/promotion time. (I think we all agree that publishers release far too much product for them to meaningfully support it all -- one of the biggest complaints of authors ... and editors.) One worries that a misguided executive, seeing the drop in titles, would jump on the chance to completely cut resources to the bone. (Less product, less overhead.) Industry News & Trends
5/2/2008 9:29:40 AM (Eastern Daylight Time, UTC-04:00) Trackback
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