Digital Book World ended this afternoon and here are my double-tap, killing house, quick thoughts.
I feel old and tired and a slacker after being on the Doing It On Their Own: Self-Publishing Authors Find Success panel with Bella Andre this afternoon. She had so much energy and drive, she reminded me a lot of Susan Wiggs, another bestselling author, except Bella is a self-published author who earned over a million dollars in 2011. The amount is impressive, but more so her drive for the future. I plan on bugging the hell out of her for more information that, I being the slug I am, have failed to uncover. Also, I think Bella and I should co-write a romantic, Special Forces, thriller and translate it into a dozen languages. Hey, I’ve co-written some romance before. I bring the bullets, she brings the romance. I do real body count, she does fun body count.
Tony van Veen from Bookbaby was a great panel member and I liked the way Bookbaby does business. Straight up, you get what you pay for, and the rest is on you, author. No percentages, just flat fee (and an incredibly small one in my opinion) for digitizing your content.
And our other panel member, Elle Lothlorien gets bonus points just for her name. Yes, it’s real, not a pen name. As you’ll see at the end of this blog, I’m going to mangle a quote from the LOTR movie. Also, she started out self-pubbing with no backlist, and has been successful which is astronomically hard to do. She achieved that dream of many writers: earning enough to quit her day job to write full time. So check her books out.
I have to thank Mike Shatzkin for putting together a great conference. And Michael Cader for his usual deluge of information during his presentation and for Publishers Lunch. If you write, sign up for it. For $20 a month, it’s more than worth it.
I also had lunch with my wonderful sister, Ellen, in Grand Central Station. She said let’s meet at the Apple Store there, so I walk down and am standing looking at a map of the station, trying to find the Apple Store, then look to my right, past the famous clock, and duh. Can’t miss it.
I’ve got a stack of business cards I have to wade through, but you want to know the good stuff, the useful stuff. So. Hmm.
In the interest of being controversial, let me restate my feeling about digital publishing: Authors produce the product. Readers consume the product. Everyone else: Lead, Follow or Get The Hell Out of the Way.
That is from my days in the Infantry. Listening to many of the people on panels here, they act like the author is almost a secondary consideration. Others act like authors are partners. Guess which of the two is going to be successful?
Open Road focuses on authors. That’s leading. Some others. Not so much.
Yesterday morning was a series of large group talks from the big guns. I thought Ellen Archer of Hyperion made a lot of solid points. It’s clear when people are seeing the big picture and when someone is focused on their niche. But overall, I felt a lot of traditional publishers are still about a year behind on the digital learning curve.
The reality is with digital it’s going to be the same as print: the big names will get the attention, while the midlist and the rest will wither on the vine unless the author gets lucky or does an incredible amount of work and gets lucky. The latter just means you have a higher chance of getting lucky. As Elle said on the panel: I’d rather trust my fate to me.
A lot of panelists kept talking about their big successes, which are exceptions to the rule. The rule is that this is a brutal business for authors. It’s also called reality. However, I’m taking a cue for that and going to discuss how things have gone for me in eBooks over the course of the next several blogs. Not the rule, but my experience. The first fact I’ll throw out is that in January 2011 I sold 347 eBooks. By the end of 2011, the tally for the year was around 400,000. So things picked up a bit as the year went on. You could say. I didn’t earn quite as much as Bella but not far behind. I’ll give more exact numbers in a few weeks once all is tallied along with percentages, but frankly they’ll mean little to you unless you’re in my situation.
I re-iterate my point that publishers and agents need a formal training program for their authors. I submit, once more, my Write It Forward program. Still no takers.
Here are some interesting numbers you can make of what you will:
25 million Americans own ereaders.
34 million American own tablets, which includes 5 million kindle fires.
The Big 6 say 15% of sales are digital. Hmm. I always liked the line from The Wire: Juking the stats. I met my wonderful agent after the conference and she sees real numbers and even she said it’s much higher for her clients. But I do take back one of my predictions for 2012 made just a few weeks ago. I think it’s highly unlikely a big name authors will jump this year and go indie. They’re being compensated well enough by their publishers and the work of being indie is just so incredibly hard. Ask Bella or Elle.
Amazon plans to publish 400 plus titles in 2012. The ‘big’ announcement that HMH will sell-in Amazon’s NY print titles wasn’t as impressive as many made it to be, since that’s not their genre imprints in Seattle. Plus, the future for fiction is what Amazon does best: eBooks. I found a lot of antagonism toward Amazon from people, but hey, they sell books. Sort of the way people went after B&N and said let’s support the indie. Then the same people cried when Borders went under. We’re all people who love books. More on this at the end. But let’s stop fighting each other. Except you. Yeah, you over there.
By the end of 2012 it’s estimated there will be 40 million ereaders and 61 million tablets in the US.
Publisher optimism is waning. Duh. Isn’t this the year the world is supposed to end anyway? They had a futurist, David Houle, give a presentation on Publishing in the Shift Age and my first thought was: this guy thinks there’s a future? Remember in Black Ops: You aint paranoid if they are out to get you. Watch RED last night and LOVE that movie. And hate to tell, despite being very funny, it was scaringly realistic. Down to Malkovich picking up a Swedish K and loving it. If you know what he’s talking about, then you know what I’m talking about, and now I gotta come kill you and put your head in a safe.
28% of publishers think their company will be stronger—which is down from 51% last year. That’s telling.
We got asked by our panel moderator, Jeremy Greenfield, from F&W, what would entice us to go with a traditional publisher and we all kind of sat there and eventually said: “Uh, nothing really.”
I don’t rule it out, but things would have to change dramatically. I’m open to pretty much anything, being the publishing whore that I am, but I’m also very aware of the realities of the publishing landscape, particularly digital.
I’ve got more, and will have to do another blog post on it, but I wanted to get this out. So I’ll end with a mangling of a stirring speech from the LOTR movie (wasn’t in the book BTW) as the good guys and gals of Middle Earth stand there on a pile of rubble surrounded by the forces of Mordor and Aragon does what good leaders are supposed to do:
Sons of Barnes & Noble, of Random House, of Amazon, of Indie Authors, my brothers! I see in your eyes the same fear that would take the heart of me. A day may come when the courage of men fails, when we forsake our friends, and break all bonds of fellowship; but it is not this day! An hour of woe, and shattered shields, when the Age of Men comes crashing down; but it is not this day! This day we READ! By all that you hold dear on this good earth, I bid you stand, Men and Women of Publishing! TODAY WE READ”




















Thanks for the update. Well, I better get back to editing and writing.
thanks for the update, Bob. informative and interesting, as usual. oh and thanks for the free books. my reading on the plane. to maui
You’re a great guy for keeping us up to date when you probably want to find the closest happy hour and then hit the sack. Thanks.
I’ve been watching BookBaby for a while now with interest.
I think their service is a great solution for people like me in non-US territories. (Note: I’m not keen on Smashwords).
My only problem with BookBaby is the lag in reporting time. That said, I can see myself utilising them to access every retailer outside of Amazon. Particularly Apple and B&N.
I did notice that BookBaby also offers payment via Paypal too! This is a huge coup for authors who operate outside of the US. They really should push this feature in their marketing a little more, since us non-US authors are constantly paying substantial fees for check conversion or maintaining foreign currency accounts for US/GBP/EU payments.
Always a great blog and perspective, Bob. i have so much respect for you and your insights. Thanks again for being a mentor to the rest of us struggling slugs :0)
Ditto what Amy said. Bob, I love it when you go all Special Forces on us, LOL!!!! Enjoying the recaps.
Thanks for the update Bob, you are inspiring as always. Since you mentioned wanting to train Agents and Pulishers in the ways of Write it Forward, are you really surprised that no one has taken you up on your offer/
I think that a lot of industry insiders think they know all there is to know about the industry. Except if they haven’t been an author in the trenches, they really don’t know what’s it’s like from that perspective. That’s a huge gap in the cross-training in publishing. Authors need to know what agents, editors, publishers, booksellers, cover artists, publicists, etc. do. But the reverse is true too. I’ve not only spent 20 years as an author in traditional publishing, now I’ve also been a publisher, a promoter, and an entrepreneur in publishing for a couple of years. To see a book from idea, to completed product, to upload, to sale, to reader, is something very, very few people in this industry understand.
Am so appreciative of recap from Jeni Mawter in a land far far away. Thanks.
Bob, you make all this digital business talk entertaining w/o diminishing any of the informative. BTW, some Jersey pizza is worth it but single NY slices are make for a meal.
So appreciate your willingness to share information and your experience-based insights. Thank you, Bob. We all owe you a huge debt. LT
Great update, Bob. We love Bella at our SF RWA chapter. And I’ve had the good fortune to have her make suggestions for my own writing career. The lunch we shared together is one of the highlights of my year and got me out of an incredible funk.
If she can do it, with all the new e-devices coming out, there’s room for lots of others to be successful. As I stated in your class, I have specific goals and a target monthly number to shoot for. It may not be yours or Bella’s number, but that number works for me. Bottom line: I only have to sell 83 books a day at $4.99.
Love the LOTR quote, it made me want to laugh and cry at the same time! Those numbers are eye-opening. Thanks for posting this.
Bob, thanks for your generous sharing.
Nice post Bob. I don’t comment much, but I’m reading all the time. I think it’s very telling that no one on your panel would move to a traditional publisher. You’ve figured out how to do it on your own. The thing is it seems to come down to hard work and luck (IMO), and maybe the stress in on luck. But it seems to be luck with the big publishers too. Because until you’re a proven seller you kind of have to push yourself like you were self published anyway. At least that’s what I hear, I’m with a small publisher.
So the trick is to figure out how to entice the luck to come our way. Maybe part of that is making smart alliances. And probably following those who know the way helps too. And focusing on those strategic goals.
Me? I’m working on improving the writing and the stories. Along with that I’m thinking an alliance would be a positive thing for me, so I’m working on that too. I’m also noticing ads in some places are very beneficial, and in other places not so much. It’s a steep learning curve, but the alternative is to quit, and I just don’t have it in me to go that route.
Great info presented in an intelligent and entertaining way. Three cheers for Bob!
Shared your intelligence, could you please add a Google + share application to your blog?
Google + has been added.
Great quote from Elle: “I’d rather trust my fate to me.” My feeling as well. And your reaction of why you’d go indie… Yeah.
Oops. Why you’d go traditional. And that’s why I hire an editor.
RED was inspired. GREAT flick!
I always wondered what would happen to the landscape when the heavies figure out how they want to play the game. I look at them sort of like the evolution of british land wars/ground troops. At one point they were the box formation redcoats complete with drummer, getting drilled by the Green Mountain boys. Unsuitable for the playing field. Then came Galipoli/run the machine gun nest with a swarm of bodies and worry about the body count later. A generation was descimated. That style not so good either. WWII, MI formed, and then comes the SAS. I’d say today the SAS can bring it to the modern battlefield, though it took a while to evolve. I think you’ll see the same thing w/Big 6. When they shed the heavy armor and go ass in the grass with the rest of the digital world, it will be a major game changer. Till then, the authors on the front line have control. I wish Jim Baen were alive to see this, he was ahead of his time. You know, how you need to be able to answer story questions, right? So that’s the story question for the major publishers – not so much about the end of the world as how do you make it worth an author’s while to engage vs. go rogue.
An agent recently spoke at my RWA and made it very clear her agency was about making the writer money even if it meant helping them go digital. 3 years ago her partner spoke and said digital didn’t have a role in the game. Now they call it the paperback market of the pulp era, and that’s the new battlefield/playingfield, so why wouldn’t they help authors. My two cents, before the publishers really engage with authors, they’re going to duke it out w/agents who are taking on quasi-cottage publishing house features themselves. Many of the folks I know who write don’t want to bo bothered with production tasks, or wouldn’t know how to stitch it all together and get it out there. Conflict of interest or not, a small agent/publisher w/means of production access can make an attractive middleman and this may be the downsized light infantry of the future.
WHo knows. Certainly interesting times.
Oh, and I agree, training is key. Train as you fight, right? You get it.
Great post, Bob. Thanks for all the DBW12 updates. I think this says it all: “What would entice us to go with a traditional publisher and we all kind of sat there and eventually said: “Uh, nothing really.”
Amen! I’ve e-pubbed 2 backlist titles so far, and I can’t imagine ever jumping back on the NY publishing merry-go-round.
Thanks for the updates and the LOTR quote was awesome. I might quote you
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As Elle said on the panel: I’d rather trust my fate to me.
QFT.
Really. I think I’ve been waiting for this whole indie/self pub thing to happen for years because I’m a personal control freak. Why trust stuff to other people when you can do it yourself? (With some exceptions, of course. But, then, hire out, pay a flat fee, and you’re done.)
Isn’t this the year the world is supposed to end anyway? Yup, December 21, which I’ve always jokingly referred to as my half-birthday (since I was born on June 21). Not going to say what year, tho.
Loved the LOTR mangling, BTW.
Return of the King deserved all of its Oscars.
I do both – was the first to self publish on line in 1998 and get picked up and now still self pub and now still also trad publish – so I have no horse in this race. But I would respectfully suggest if you went to a panel of 6 of the top earners in traditional publishing and asked them what it would take for them to switch you’d get the same answer. They wouldn’t. There is a middle ground in this back and forth. Neither side is all evil and all good. There actually are benefits both.