Publishers should be fretting over the illness, not its symptoms
The idea that publishers are fretting over losing a few past-their-prime bestselling authors is the least interesting aspect of Amazon’s growing “traditional” publishing operation, but it sure has been driving a lot of chatter—and presumably clicks—this week. Several think pieces and a ton of tweets have been written about Amazon recently snatching up another couple of recognizable authors and what it means for the publishing industry, the latest twist on a decade-long story (remember J.A. Konrath and Seth Godin?), but it’s just another symptom of an illness corporate publishing has been suffering from for years.
Author, Audit Thyself!—Marketing Advice from Kilby Blades
“Most book marketing advice comes from authors who’ve had commercial success with books but no actual marketing experience. Many are taking advice that isn’t meant for them yet because they’re not where they need to be,” explained Kilby Blades, an award-winning indie author and professional marketer, sharing practical insights for effective paid marketing strategies with WDC19 attendees.
Other Authors Are Not Your Competition—Marketing Advice from Amy Collins
“Market research is a very dry, dull topic, but finding and connecting with readers is how we make money.” Too often, market research is limited to the basics—high-level demographics (age, gender, income) and/or broad genre interests (science fiction, romance)—leading to target audiences that either don’t actually exist, or worse, reflect the researchers’ personal interests. To find the right readers for a specific book or author, Amy Collins encourages writers to set aside personal assumptions and dig deeper.
Three Things Authors Should Know About Their Publishers’ Platforms
In 2019, I remain astounded (but not totally surprised) by how many authors’ platforms lack the basics—if they have one at all—but far more egregiously, too many publishers are way behind the curve with their own platforms, doing a disservice to the authors they’ve committed to support and help succeed. If you’re querying a publisher—big or small, traditional or hybrid—you (or your agent) should be able to satisfactorily address these three planks of their own platform before they inquire about yours. Each one is potentially more important than the size of your advance, and definitely more important than the size of your own Twitter following or email list.
The Whole System is Bankrupt
There are three types of people who survive in media: hard workers, sycophants, and the serial failures they both work for who somehow manage to continually find employment despite a reasonably public record of the wreckage they’ve left behind. Too harsh? Maybe, a bit—some sycophants are arguably hard workers too, and serial failure might not be as easy as the eternally mediocre make it look—but after my own 25+ years surviving in media (and currently in the final throes of a demoralizing corporate bankruptcy), I’m feeling a little cynical.
Five Trustworthy Sources for Media Business News & Insights
Since Google Reader shut down back in 2013, there’s arguably been no worthy replacement, partly because it helped accelerate the death of the individual blog and relegated RSS feeds to a tertiary distribution channel that most sites barely pay attention to these days. Over the years, I’ve used an unwieldy combination of Instapaper, Feedly, Twitter lists and Gmail filters (for the most useful email newsletters I subscribe to) to stay connected to my primary sources, and only a handful make the cut heading into 2019—including one social network that became unexpectedly useful in 2018.
Get A Clue(train) — Sustainable Digital Strategy for Author Platforms
In reality, markets consist of human beings and the conversations they have with each other, and those conversations can be messy and involve multiple points of influence. For authors trying to develop an effective and sustainable digital strategy, that means you’re not just competing with similar authors and books for readers’ attention—hello, myopic comp titles!—you’re competing with readers themselves and the various channels they use to connect with each other. With the right strategy, though, you’re not competing with anyone—you’re authentically engaging with and contributing to a dynamic community.
Data-Informed Content Strategy for Enthusiast Media
Enthusiast media, aka niche consumer, is my favorite sector because it prioritizes depth over scale, and its KPIs are different from general consumer media’s chasing eyeballs for advertisers. Instead of being dumb pipes driven by vanity metrics and anecdata, they can build self-sustaining communities with deep engagement that offers diversified revenue streams, including valuable intersections for marketing partners seeking strategic, long-term relationships. In its ideal form, enthusiast media (and some B2B verticals) combines community engagement, editorial integrity, and paid content into a diversified suite of relevant products and services which simultaneously minimizes its reliance on advertising while optimizing its effectiveness for savvier marketing partners.
Sustaining Literary Publishing | Reflections on #AWP18
One could reasonably argue there were TOO MANY publishers at the Bookfair when you think about the relatively small markets they cater to for literary fiction, poetry, and creative nonfiction, as well as the often myopic focus on a single magazine, ignoring or discounting other ways they could serve their community while ensuring a sustainable future. The relatively low barrier for entry into (and expectations of) literary publishing “let’s people wade in a little over their heads,” as Creative Nonfiction‘s Hattie Fletcher noted during the Literary Innovation session, and many publishers often find themselves living on the brink of insolvency, one time-consuming fundraising pitch away from failure.
Facebook Isn’t The Problem, YOU Are
Facebook doesn’t view publishers as valued partners and never has, despite so many helping it grow and engage a worldwide audience, handing over tons of invaluable data along the way, not just from engagement on Facebook itself, but from their own websites too. All for free! Facebook has transformed that invaluable data into billions of dollars of advertising revenue every year while steadily throttling publishers’ ability to reach their own audiences without becoming paid advertisers themselves. It’s an objectively and diabolically brilliant model that I simultaneously admire and despise.