Tuesday 12 June 2012

How to Self-Publish: Greedy Publishers?!


Have consumed a large amount of bile and invective over the holiday period (mainly at the BookExpo in New York)! Actually, have been looking at the blogs and web sites of successful self-publishers to see what they do, how they do it, why, how and what advice they have to pass on to others. Almost all of them are generous to a fault, but quite a few are also voraciously anti-publisher. If you check the sites of successful self-publishers (such as the mighty J A Konrath and the industrious Kristine Katherine Rusch) you’ll find they really do hate the bricks and mortar publishers, regarding them as greedy, self-serving, crooked and above all, anti-author.

I’ve worked in the industry as a writer, publisher and marketeer for a long time and I think there needs to be a clearer understanding about what’s going on.

It’s true that publishers do not give enough to the authors, it’s also true that authors can now go direct to market in a way that was impossible even five years ago. But that doesn’t mean that publishers are instrinsically bad, but they are slow, out-of date, stuck in their ways and too reliant on the ‘old boy’ network! That makes them an easy target for those who can now break free from the old thinking.

What’s really going on here, is the creation of a fairer system, because there are genuine choices to be made, informed choices for both readers and writers, a new system and quickly evolving system.

The key word here is informed.

A traditional publisher is basically a business that has made its own choice to create or distribute products which happen to be books. Some people within publishing love what they do, others perform straightforward business functions such as administration, accounting, sales, marketing or straightforward management tasks. That’s a long list of job functions: the bigger the publisher, the larger its infrastructure. It has to make money from its activites to pay this long list of staff. It also has to satisfy investors, owners and bankers. It has to make a profit to do this. Within this structure the author plays as important, but not necessarily defining part. Of course, without the author the traditional trade publisher would not exist, but up to a few years ago, an author could not be successfully published, without a publisher. For over two hundred years an ecosystem of publishers and literary agents has developed both to feed itself and its authors, a sympathetic parasitic structure which has achieved an uneasy truce within itself for the sake of long term self-interest.

One part of this uneasy truce was the author contract

It may not be obvious now, but the hit rate of published books is very low. When I first entered publishing (an embarrassingly long time ago) I worked for a while at a large conglomerate. Only one in twenty books made its advance back. The imperfect process of commissioning new books, picking the "gems from the dirt", was an art at best, guesswork for much of the time. So while many books were left in the slushpile, even those that did make it onto the Publisher's list rarely made any money for publisher or author.

In such circumstances the author contract was designed to give the publisher all rights in case something could be made from a book: TV, book club, electronic, audiovisual, serial rights all would be considered if not tried, but again, only a small percentage would be successful. Part of the problem was the volume of books published each year by each publisher.

But along came Amazon, then ebook formats, then the iPad and a revolution fuelled by smartphones and tablets. The old model really is, suddenly, out of date and turned on its head. And the entire structure of the traditional publishers is being forced into a complete rethink. Technology has overwhelmed the book industry, it's a Great Deluge and just as potent.

So, the traditional publishers are engaging in a massive landgrab. As businesses, they are complicated systems of vested interests and will try everything they can to survive, including the aggressive chase of electronic rights in old contracts. At their best, the publishers are also trying to assert their historical skills in editing and marketing (although spread very thinly, more on this in forthcoming post), to allow an author to focus on what traditionally they are good at, writing. But you’ll notice that the most successful authors are also very good at marketing. J K Rowling, James Patterson, George R R Martin – these people know their market, they keep in touch with the different facets of it, they engage in many different ways, through videos, films, magazine articles. The top authors are top marketeers, whoever publishers them.

But now, back to the choice

A self-publisher too must be good at marketing, in fact you must be a good business(wo)man. The big difference between you and a traditional publisher is that you only have yourself to feed (perhaps a family, or two!), but a publisher still maintains its structure of staff and buildings. It's an unequal battle which is begining to make the publishers seem more like the dinosaurs wiped out by the comets that struck the earth 65 million years ago. The insects and the mammals survived because they were more adapable. Publishers are beginning to walk the Dinosaur Road.

Self-publishers need to understand that the traditional publishers are trying to find their place in this new world, and that in order to survive, keep employing people and buildings they make different choices than motivated individuals. Understanding this doesn't make it acceptable for you, but it does help make a credible choice because now you can self-publish, do the marketing yourself and reap the full rewards of your hard work.

Coming soon: New Markets for Short Stories and Take Your Time.
image courtesy of imageegami/Shutterstock

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