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Posts Tagged ‘WestBow Press’

It is football season so it seemed appropriate to have at least one blog post that recogonizes the impact the pig skin has in America. Hunter Smith, former punter in the NFL has written an interesting book titled, The Jersey Effect, which includes a forward by Tony Dungy and interviews with numerous players. Smith wrote the book to bring to light the allure and potential downfall wearing an NFL jersey can bring in an athlete’s life who is not prepared for life after football.  It is worth a read even if you are not involved in football because it points out some key principles that are applicable in other areas of life. Hunter is a man of faith and published with Westbow Press, a division of Thomas Nelson, so the message is clearly written from a Christian world view, but it is not overly religious. I have included a couple of videos where Hunter talks about topics from the book.

 

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The world has changed for authors which means they have new opportunities and consequently responsibilities.

As you can imagine, with the announcement a few weeks ago about Author Solutions being acquired by the world’s largest publisher, there has been an enormous amount of media interest. This is both a thrilling and confusing time for authors, so I think it is more important than ever for authors to be informed and choose the best option for getting published based on their goals, skills, patience, and budget. My last post suggested there were four paths authors could pursue today, and I laid out the differences among them. But recently, at the end of a very thoughtful and comprehensive interview, I was asked the question, “Is there anything else you would like to say to authors today?” What follows is my response to that question.

Gone are the days of walking to the mailbox and pulling out a pile of rejection letters and wondering if you would ever get published. Today, every author can get publishedand get his or her book into the hands of readers—whether you use a DIY method, assisted self-publishing, or sign with an agent and try to acquire a traditional publishing contract

That means authors have more opportunity than ever before, but they also have more responsibility. And that is not something anyone seems to be talking much about. Whereas before it was the publisher, now it is the author who has the responsibility to set clear goals and a budget. Having clarity about these two areas will help authors make the best decision about which publishing path is best for them. In addition, they also need to have a realistic assessment of the skill and time they have to put to the project.

You can absolutely change your brakes and wash your car for less money if you do it yourself, rather than paying someone to do it for you.  But if you don’t know how to change brakes or you don’t have time to wash your car, you should pay someone to do it for you.  I think the same type of decision-making should be applied to making a publishing decision.

In addition, authors should:

  1. Make sure you have a clear picture of who the audience is for your book.  Saying your goal is to sell to every man, woman, and child on the planet (I had an author tell me that) is not realistic.
  2. Understand your options. DIY, assisted, and traditional publishing all have advantages and drawbacks. Inform yourself. There is plenty of information out there. In fact, that is why we created the Author Learning Center (www.authorlearningcenter.com) and why I published 7 Secrets of Successful Self Published Authors. It’s an ebook on booktango.com  for 99 cents.  We have been told by many authors that both the ALC and the 7 Secrets are very helpful.
  3. Think about your marketing while you are writing your manuscript, and know there are no guarantees with marketing. Just ask any marketing director at any company in the world. You do some things that you think will work and they don’t, but you also do some things that far exceed your expectations. The key is to be consistent and experiment. Not everything is going to work, but if you do nothing, you don’t stand a chance.
  4. This industry-changing shift in publishing does not mean everyone will be successful, but it does mean everyone will have the opportunity to be successful. Honestly, I think that is the most exciting thing about the time in which we live. At ASI, we are simply providing the opportunity, whether you want to publish for free with Booktango or use an assisted self-publishing imprint like AuthorHouse or iUniverse or publish with an imprint tied to a traditional publisher like Westbow Press and Thomas Nelson or Balboa Press and Hay House. Not that long ago, authors only had one choice: find an agent and pray they could sell the manuscript. That has all changed, and I think that is amazingly exciting.

Too many authors publish a book with the expectation that the world is just sitting, waiting for their manuscript to get finished, and once they make it available for sale, the world will come to them. The reality is, being an author takes an informed, consistent effort, but when you get those e-mails from readers that tell you how much they enjoyed your book or found it helpful, it is one of the most rewarding experiences you can have.

Certainly, there are economic considerations when it comes to publishing, but I think the one common goal that unites all authors is they want to impact people with their writing. That’s why those motivations I mentioned on our call are so key. Writing to help others or telling a story that has to be told or supporting a business or ministry are worthy pursuits because they impact people.

As I say to authors all the time, I don’t know how many books you will sell if you publish, but I know how many you will sell if you don’t. I don’t know how many people you will impact with your book if you publish, but I know how many you will impact if you don’t. And to all the naysayers and fearmongers, I would like say: quit bickering about methods, and let’s encourage authors to seize the opportunity.

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In an earlier post, I referenced a conversation I had recently with the leadership team of a leading trade publisher. In that discussion, I was surprised to learn that one of the biggest issues book publishers deal with every day is royalty inquiries from authors. I have to admit, at first I was a bit surprised, but after I thought about it, I realized that royalties—and how they are calculated—can often times be complex and confusing. In my first post, I tried to define the key terms used when discussing royalties.In this post, I want to address some additional issues that I believe create confusion for authors.

Royalties can be confusing, but important.

  • New books can be sold by a used book retailer–On some online retailers, you will see books described as both used and new.  Despite those descriptions, it doesn’t mean the books are any different. There are many used book dealers who sell new merchandise as well.  They just mark it as used because that is the majority of what they sell. However, this description gives the impression to the author that a bunch of books have been sold and now are being resold.  The fact is most books are actually printed using print-on-demand technology so there are not really any used books at all.
  • Only 4 left” is almost always a marketing ploy to create urgency to buy–Even though books are printed print-on-demand, some online retailers will put a statement like “Only 4 left” near a book to try to get people to make a decision to buy. Again, authors assume that there have been other books printed and sold, but the reality is there were no books printed and stored in a warehouse. This is referred to as “virtual inventory,” and is simply a way to get people to buy more quickly.
  • If the retailer has a sale, it does not reduce the author royalty–In almost every case, this is not true. Royalties are calculated on Suggested Retail Price (SRP) and not the actual sale price so the retailer takes less margin on the sale to drive volume, but the author is paid the same regardless of the sale price. As with anything, there are always exceptions, but this is almost always the case.

I hope this information helpful. Please use the comment section to let me know if there are any other royalty questions I can answer.

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