Sometimes you never know how a Writer's Digest Book will figure into a life story. What a cameo appearance!

See:
http://magikal-keytar.livejournal.com/32231.html

Thanks to author Tim Lemire for spotting.

As I prepare to leave for Los Angeles, I'll leave you with some entertaining (and useful) reading on someone else's blog. There's a site called Dragon Writing Prompts that has a delightful post for fantasy writers, The Not-So-Grand List of Overused Fantasy Cliches.

A few of my favorite bits:

Evil doers with multi uber awesome powers always come unstuck when a newbie hero/heroine turns up with one super lame attack all powered by (you guessed it) LOVE! (Known as the Pretty Sammy effect.)

The evil wizard is played by either Jack Palance or Christopher Lee.

Scantily-clad and hatless heroes and heroines are able to walk for miles outdoors under a blazing sun without even the slightest hint of a sunburn or skin damage afterwards.

Many thanks to Pam Wissman, editorial director at North Light & Impact Books, for sharing this link with me.

Earlier this week, The Economist published an article on book clubs, "The Final Chapter?" The opening graph says, "Bertelsmann is selling its American clubs and has put the rest under strategic review. Book clubs are in for a radical overhaul at the very least—and some people think they are headed for extinction."

People don't think they're headed for extinction … they know they are headed for extinction, at least as far as negative-option (where consumers are required accept or decline a main selection from a monthly bulletin).

The Economist article has a distinctly international slant (of course) and talks about some of Bertelsmann's strategies to keep the club business alive, but what they're attempting in Europe will not work in the States. (We don't exactly have "less developed" markets here.)

However, there is a bright spot, as the article points out: book clubs with a specialized audience, such as Bertelsmann's Black Expressions (in the U.S.) for black women, and Mosaico for Spanish language. The article says:

For specialist titles, bookstores cannot compete for range with a book club, and the internet lacks the personal touch of a trusted team of editors. Roger Cooper, formerly editorial director of Bertelsmann's American book clubs, is involved in a new niche club, the Progressive Book Club, targeted at liberals. “I don't hold much hope for the future of mainstream book clubs,” he says.

As you may know, my company, F+W Publications, has a number of book clubs (e.g., Writer's Digest Book Club) that have long been a cornerstone of our business model. While this direct-to-consumer business (and knowing our consumer) is part of why we're successful, if we don't re-engineer it, we'll stop being competitive (stop meeting the needs of our consumers) and soon become irrelevant.

And so I think you'll see a transformation on its way—very soon.

A faithful reader of this blog recently sent the following question:
 

I believe that some writers are unsure of the exactness of their Web presence. What I mean is, sure, to have a personal Web site is a must.
 
But what other aspects of a Web presence should one pursue? Places like Facebook, MySpace, LinkedIn, blogging (blogspot, blogger.com, wordpress?)—which should writers pursue, any online items/sites writers should avoid?

And with blogging, what about streaming the blog right onto your Web site, as opposed to it sitting on the blogger host site?
 
And what have I not thought of?

There is a practical answer, and there is a big-picture answer.

First, the big-picture answer, from 50,000 feet.

1. Do only what's meaningful to spreading news about your work, cultivating a readership (or interacting with a readership), and establishing your position or brand.
2. Do only what's meaningful to your readership.
3. Do what adds value (avoid distractions). (For example, Twitter may ultimately be a distraction. But I want to try it out, see what it's about, for the same reasons that Michael Hyatt does. I need to understand it so I can innovate, in the right ways, in my job.)
   
4. Do establish a clear identity online, or multiple identities online, depending on the facets of your career or expertise.

These should be the principles that guide you. Now for the practical answer.

For Aspiring Writers/Unpublished Writers

1. Try to buy a domain name that's a close match to your name (www.yourname.com). You don't need to build or create a Web site right away, but reserve that real estate for when you do need it. It's inexpensive and easy to do.
2. If you don't yet have a use for a personal Web site (www.yourname.com), establish a modest profile or blog through a site like Facebook, Wordpress, Blogger—something clean and easy to use. This profile/blog/page can serve as either a public or private place for you to get comfortable interacting in an online community if you're new to it.
3. For unpublished writers who are already comfortable in online environments/communities, think about what your unique identity is or could be in an online environment, and how can you begin to position yourself and your work. Become known to your target audience if possible by participating in blogs, online communities, groups, etc.

Minimum Requirements for Active/Published Writers

1. Yes, you must have a professional Web site with a URL that matches your name as closely as possible, or conveys your tag/handle (e.g., www.ChiefHappinessOfficer.com). It should include info on your publications, your events/engagements, your bio, and your contact info. This site can remain fairly static, but should always offer up-to-date information about your work or your events.
2. On your site, have a prominent spot for people to sign up for your e-newsletter, even if you don't really have one. (Start building a mailing list or fan list! Invaluable.)
3. You should also have a dedicated Web site for each book or major project underway, something that's separate from your name-based site. Such sites should use the title of the work as the URL address.

Recommended, But Not Essential

1. A general blog. Think carefully before starting one. Maintaining a strong and beneficial blog for readers takes time away from your writing. However, the trade-off is usually worth it—it helps spread the word about who you are and should grow your platform. Strong blogs give people a reason to visit regularly—a benefit or feature of some kind, or a unique position/slant. If you're just blogging about the minutiae of daily life ("My golden retriever vomited on the floor again"), no one will care or return.

In my experience, it doesn't matter if your general blog is part of your main site or hosted elsewhere, though the blog should have its own distinct URL. Here's what your set up might look like, using my name as an example:

My Main Site
www.JaneFriedman.com

My General Blog
blog.JaneFriedman.com

My Book's Site (which may involve a 2nd blog related to the book!)
www.GreatAmericanNovel.com

Seth Godin (a very prolific author and blogger) juggles multiple blogs and products; look at his sites and see how seamlessly they all work together, how his sites are like a family, and it's easy to move from one to the next.

2. A social networking presence. I have yet to see any author sell a boatload of books because they had a million billion friends on Facebook or MySpace. However, the connections or network you build in such communities can be helpful in the long run. And, as with any online community, it's all about the time you put into it. Just setting up a profile and adding a link to your book isn't much better than no profile. Plus, there's not much benefit in pushing your book through these broad social networking sites if that's not where most of your audience hangs out. Again, always think about the habits of your target audience and how they prefer to be contacted. If it's through a MySpace bulletin, then by all means pursue that. (It worked for musicians.) For book authors, a more targeted approach is more likely to pay off when it comes to book sales.

Blogging Software
I recommend using services through Google (Blogger) or Wordpress, but there are far more educated people than me on this topic. Just be sure that the service you choose fits your skill level (or whatever Web presence you have already established). Do keep it simple and avoid paying for it.

LinkedIn
This is worthwhile as a job-hunting and professional networking site; it's also just a cool way to observe or keep tabs on how people become linked throughout a profession. I've heard it dubbed "MySpace for businesspeople," but I disagree. As far as I can tell, it's wonderful for job search, not really a place to hang out, and definitely not a place to promote a book or product.

This has been a long post, but I've just scratched the surface. I encourage your comments—please share your experiences of what's worked and what you now avoid. (And, what have we not thought to address?)

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?

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.

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

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.

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.

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!

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.

The Writer's Perspective
The editor of Writer's Digest magazine gives you the inside dirt on how to break into a career in journalism.

Living With the M-Word
Get a nuts-and-bolts overview of essential marketing tools from our marketing manager, Scott Francis.

Guide to Literary Agents
In a recent post, "Principles, Not Rules!" (about the conflicting advice you likely receive from agents), editor Chuck Sambuchino reveals that he's a man after my own heart.

Poetic Asides
Read an exclusive interview with poet Julianna Baggot by Writer's Market editor Robert Brewer.

Questions & Quandaries
For anyone who's been tempted to quote song lyrics in a book or article, read this information first, from WD magazine's online managing editor, Brian Klems.

Alice's CWIM Blog
Discover a self-published children's book that's all about your favorite … herb.

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!)

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.

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).

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.

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.)

FICTIONALIZATION
For 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).

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!

Just this afternoon, I finished assembling the first draft of our conference program (WDB/BEA Writers Conference on May 28, 2008).

It features:

• what agents are looking for in the pitch slam
• full descriptions of all breakout sessions

Click here to download the PDF.

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.)

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)!

I like to tell new people I meet that I have at least one horribly embarrassing moment every week -- as far as my personal life. In my F+W life, I have about one mortifyingly embarrassing experience every 3-6 months, depending on how much I'm paying attention. (Often I discover the terribleness long after the fact.)

Some concrete examples?

As far as my personal life, during my vacation last week, I was staying in a country cottage in France (tough life, I know), with a functioning fireplace. It was one of the few ways to heat the cottage on a chilly evening. So on that first evening, I was crouched by the fire, with an afghan wrapped around me. When I stepped away into another room, I glanced down and wondered, Why do I see glowing embers on the floor?

I was on fire -- or, that is, the afghan was on fire. In the end, no one was hurt except the afghan, but I had to explain to the cottage owner what had happened, and I was lucky enough to find a similar afghan in town, so I bought it as a token of my deepest regret. (I also said Je suis desolee as much as possible. I found that in France saying Je suis desolee can resolve many problems.)

Now to the real meat you've been waiting for -- my recent professional embarrassment.

Right before I left on vacation, I received a book proposal from an agent. There was lots of interest in this particular book, and it was clear that by the time I returned from my vacation, the book would be sold.

Before I continue with the story, though, some background on how F+W Publications works: When an acquisitions editor has decided she wants to publish something, she must seek approval from a board (primarily sales and marketing people). This board meets weekly to approve projects and requires at least two things for approval: (1) a completed proposal information sheet (what the book is all about, who the author is, and marketing info, among other things) and (2) a cost estimate and profit-and-loss (P&L) statement. At F+W, it sometimes can take 2-4 weeks to get a P&L. (Editors can't prepare them; they must come through another dept.)

In this way, F+W is a little strange or different from other publishers; it is a legacy process, something that's been in place for 20+ years. When I first started at F+W in 1998, these board meetings were held once a month. It was only recently that they became a weekly occurrence.

But the point is: It can be a lengthy process, which isn't exactly helpful for editors who need to make offers quickly. So you find work-arounds.

So regarding this hot project that arrived before my vacation: I decided to take the project to our board without a P&L. If they were enthusiastic about it, then I felt safe discussing an offer with the agent. And the board was in fact enthusiastic, so I told the agent what we could offer, she accepted, and I went on vacation.

Of course my big mistake (and it was such a basic one) was not ensuring the agent knew that it was not a done deal for us until I had that final approval (with the P&L). This wasn't an agent I'd worked with before, either, so that only exacerbates a bad situation.

So the project is still awaiting final approval (my vacation has slowed down the process immensely), and the agent is confused and upset (justifiably so) that the deal is still pending. Once again -- unintentionally setting fire to something. (Unfortunately, repeating je suis desolee will not be as effective in resolving this.)

No matter how long I'm in the business, I'm always learning new lessons.