The other trad pubs are at best offering 25 %....
Not exact matches
I was discussing this with someone yesterday, going back and forth at possible explanations, which included that self -
pubbed authors tend to work the review mines harder than their
trad pubbed peers, or have more support from
other indie authors reviewing, or get higher ratings due to the generally lower price of the work (greater satisfaction due to a price / performance expectation).
Additionally, they're all competing with each
other, and with hundreds of thousands of new
trad pub offerings per year, as well as millions of backlist titles.
One of the things that struck me, and probably many
others, about his report and its conclusions, is that self -
pubbed titles tend to average higher review ratings than
trad -
pubbed books.
Others aren't entirely satisfied with their
trad -
pub experience, but they feel it's preferable to setting out on their own and having to do everything from editing to cover design to promotion on their own.
Some of the biggest indie authors first got their start in
trad pub, while
others never sent out a single query letter before hitting it big.
Or perhaps someone whose books have been
trad -
pubbed in some countries but not in
others.
Two
other points worth repeating:
trad pubs will have to increase their royalties and no longer will
pubs be able to say that a certain genre of book won't sell.
I get that I'm supposed to be more upset about this paid review service, but what Locke did doesn't look different to me than Kirkus Reviews (and, as you point out,
other favor trades from
trad pubbing that are entrenched and go unremarked.)
In
other words, the above graph should not be ostensibly read as whether
trad pub or
other markets are more profitable to the author, or whether
trad pub is an altogether losing deal, but as which economic model —
trad pub or otherwise — makes the most business sense.
In the case of Vanquish Writer's Block (and my
other self -
pub books), I knew that in many cases they were too short for a
trad house to pick up AND I knew I could get them out to my readers faster and more effectively.
Trad pub mega sellers are used to this, maybe, but
others are not.
And by the way, Patterson and plenty of
other less - than - stellar
trad pub authors sell millions while good books go unnoticed, so it's not just indie publishing that's that way.
And then I remembered, I had an agent, a great agent, I wrote great books (so all the rejecting editors told me) and yes, you are right, self
pub has given my stories a voice and an ear and the chance to be read, when they otherwise would have still been gathering dust on my hard drive, yet, on the
other hand this is hard, REALLY HARD, it is SO hard to find your way to a readership as a SP, with limited funds (dwindling)... and the glimmer of
trad pub — with their power to splash your name around established circles of readers, and their ability to secure a great number of reviews where, as a self
pub, doors have been slammed in my face — becomes temptingly shiny again, (it's like childbirth, you forget all the painful stuff with time)... and it all gets very tempting... almost tempting enough to consider sacrificing one work JUST one artistic premise for the trade off of visibility... and then perhaps, just perhaps THEN, my SP efforts will finally sprout wings... but then I hear you and
other say, it wasn't worth it, you'd never do it again, and I sigh... And then I wake up the next morning and think of packing it all in, and going to work for Walmart and steady shitty pay... lol And then along comes this blog post.
The
other is that since Amazon got lower prices from
trad publishers, the price of
trad pubbed books is through the floor.
Amazon's Scout program makes it easy for newbies to give the whole
trad -
pub contract thing a whirl and has a far - higher conversion and success rates than
others, like the now - defunct Harper Collins Authonomy.
In
other words, they are still not viewed as equal to
trad pubbed authors (this, despite that fact that Touchstone, an imprint of Simon & Schuster, has just released a memoir by the 25 year singer, Ke $ ha).
Porter, verily thou art a Solomon in these near - Biblical rainings (and sometimes reignings) of fire and brimstone between the
trad -
pub and
other -
pub parties.
Other authors will see a different subset (note Chuck's insistence above that he doesn't think indie pays better than
trad -
pub; that's his subset).
Trad pubs and self -
pubs need to talk to each
other.
To continue writing for the
other 30 percent of my audience as a
trad pub author, I must surrender a ton of control over the product to
others who are less invested in the book's success than I am.
pub contract, but now see no sense in it, other than to be able to tell all those people who look down their noses when I say I'm self - published that I'm with Trad Pub House in New Yo
pub contract, but now see no sense in it,
other than to be able to tell all those people who look down their noses when I say I'm self - published that I'm with
Trad Pub House in New Yo
Pub House in New York.