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Mark Coker

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The Author Uprising Against Big Publishing

Posted: 03/04/11 01:40 PM ET

A revolution is brewing that will topple Big Publishing as we know it.

At the heart of every revolution is a loss of faith in the prevailing regime.

In Egypt's case, a number of catalysts precipitated the revolution; chief among them an oppressive political environment that offered little opportunity for democratic participation, freedom of speech and economic opportunity.

The catalysts for the Egyptian revolution are remarkably similar to what's driving the author uprising against Big Publishing. By "Big Publishing," I'm referring to the old system in which the publisher serves as the author's judge, jury, gatekeeper and executioner.

2011-03-04-Egyptian_Flag.pngFor authors, if Big Publishing approves of your book, they acquire it.

Post-acquisition, you can die happy knowing you're a published author with all the esteem, respect and future possibilities embodied in this blessing. At least, that's the myth you've been trained to believe.

Frederick Nietzsche wrote, "God is dead." I recall how my philosophy professor at U.C. Berkeley 25 years ago explained the quote beyond its immediate religious connotation. It was a metaphor for the power of faith. When we believe in something, our faith powers that in which we believe.

Faith is the single most important force-of-nature driving all human experience. If we lose faith in an institution, a regime or a belief system, the very survival of that institution is imperiled.

Authors are losing faith in the institution and religion of Big Publishing.

Has the Allure of Big Publishing become a Mirage?

It's tough to find a traditionally published author today who waxes eloquent about their post-publication experience. It's like the published author goes to heaven and reports back via John Edward (the guy who talks to dead people) that they discovered famine on the other side of the pearly gates.

More and more talented writers - including authors previously published by the Big 6 - are losing faith in the old system of publishing.

  • Advances are declining
  • Publishers reluctant to take chances on authors without established platforms
  • Most print books forced out of print before they've had a chance to reach readers
  • Authors expected to shoulder most post-publication marketing on their own dime
  • Lost and mismanaged rights
  • Brick and mortar retail distribution disappearing
  • Publishers value books through myopic prism of perceived commercial potential (publisher death panels)
  • Publishers acquire today what was hot yesterday so they can publish it 12-18 months from tomorrow
  • Publishers over-price and under-distribute author works
  • Publisher ebook royalties 17% list (25% net) vs 60-70% list (85-100% net) for self-publishing


Big Publishing, although it employs thousands of talented and well-intentioned professionals, is built upon a broken business model.

Ask Not What Your Publisher Can Do for You

Two questions and their answers are driving the author uprising against Big Publishing:

  1. What can a publisher do for me that I (the author) cannot do for myself?
  2. Might a big publisher actually harm my prospects as an author?

Ten years ago, the answers to these simple questions validated the need for Big Publishing. Why? In the old print world, Big Publishing controlled access to readers. They controlled the printing press and the access to retail distribution.

Yet these same questions asked today yield mixed results.

Self-published authors, a.k.a "indie authors," now have the power to produce, publish, price and promote books that are as good or better than those put out by Big Publishing. Indie ebook authors earn royalties of 60-70% of the list price. Traditionally published authors earn 5-17%.

Indie author sensation Amanda Hocking, in her recent interview with USA Today, was quoted as saying, "I can't really say that I would have been more successful if I'd gone with a traditional publisher."

No doubt, much of Hocking's success is because she's an indie author. She writes great books her readers love. She prices her series-starters at only $.99 and the rest at $2.99. Great books plus low prices plus enthusiastic fans plus an author directly engaged with her fans equals viral readership. Few big publishers are prepared to play by these new rules while paying authors 60-70% of list price.

Every week we hear of self-published authors - previously rejected by Big Publishing - finding success with self-published ebooks. Brian Pratt, profiled here at HuffPost in December, is one such author. Ruth Ann Nordin is another. Nordin's An Inconvenient Marriage is the #3 best-selling romance title today in the Apple iBookstore's romance category, and #57 among all paid titles at Apple. At Kobo, she's #9 today.

Two or three years from now when ebooks account for more than 50% of the book market, the same two dangerous questions above will yield a more unequivocal answer in favor of self-publishing.

The major ebook retailers - Apple, Barnes & Noble, Sony, Kobo and Amazon - have embraced indie ebook authors and grant their works equal shelf presence alongside Big Publishing authors. Readers, not publishers, have become the curators.

Do authors still need publishers in this new world order? I think it all goes back to my first question. To survive and thrive, publishers big and small must do for authors what authors cannot or will not do for themselves.

The next chapter of this revolution may very well be written by progressive literary agents. Literary agents, responsible for protecting the best interests of their author clients, are encouraging the very best authors to consider the potential of self-publishing. 60-70% royalty, or 5-17%? The math is not difficult when ebooks rule the roost.

Welcome to the revolution.


Mark Coker has created a Slideshare presentation to accompany this post. Click here to access The Uprising in Book Publishing.

 
 
 

Follow Mark Coker on Twitter: www.twitter.com/markcoker

 
 
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09:32 AM on 04/03/2011
Without an advance, many writers and experts can't afford professional editing or ghostwriting (a common choice if they've got a terrific platform but not the skills for writing a book or the time to acquire them). Not every author can pay for those skills and pay a publicist, too. Developmental editors are probably their best initial financial investment. At least it doesn't cost money to market using social media.
When writers work with a book publisher, they get stuck with the in-house team which may include an enthusiastic acquiring editor with little editing ability (it's not as if they teach that skill on the corporate dime), a publicist who doesn't really get the book and whose press releases can be summed up as "It's a book! Aren't you excited?", or a jacket designer whose design is awful (publishers rarely give jacket and title approval to the author). It's much too easy for a publisher to murder a book through the incompetence of someone on the team. It's a painful truth publishers need to admit to if they're going to remain in business.
I'd like to see publishing hubs, where you may find a marvelous professional who can refer you to other top professionals, a few in each category, so that YOU, the author, can choose which you feel the most confidence in.

http://www.nancypeske.com
jennymilch
author of the forthcoming COVER OF SNOW
08:28 PM on 03/31/2011
And yet, Amanda Hocking has opted for one of the Big 6--and it happens to be one that is vastly reducing paperback printings in favor of digital (once the hardcover has had its shelf life). Why would she do that since the royalties clearly disfavor this approach? Is it purely a validation/prestige issue? Or might paper copies continue to reign, or at least live happily, along with e books? Mass market paperbacks were supposed to kill the hardcover, yet that didn't happen. I could be completely off base on this, but I wonder if the majors will become increasingly the land of the top author, with indie presses and self publishing the proving grounds for them. Just a possibility.
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Buffyboy
Hope and Change is still coming.
12:27 PM on 03/23/2011
Awesome. Thanks, Mark. I just got my new book accepted into the Premium Catalog. http://www.smashwords.com/books/view/44874
This user has chosen to opt out of the Badges program
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Joann Vallo
"I'm proud to say I'm a Liberal." John F. Kennedy!
12:59 PM on 03/16/2011
Thanks Mark! Just starting out on the quest for self publishing and there are lots of good sites listed here from commentors.
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TomHunter
Author of "The Butcher of Leningrad" (a thriller)
06:49 PM on 03/13/2011
I agree. Having spent six years on a thriller, gotten an agent and then have him submit it to 27 publisher's imprints, I agree it really is impossible to break into publishing without a pre-existing platform unless you self publish.

http://www.lulu.com/spotlight/leningrad
04:45 PM on 03/21/2011
No, it's not. I published my first novel, a thriller, in hardcover last year with a big 6 publisher, and at the time I'd never been on twitter or Facebook and didn't even have a webpage. I know several other writers who had a similar experience. The book is the most important thing. Write a good one, and hope for the best. It can still happen, and it does all the time.
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TomHunter
Author of "The Butcher of Leningrad" (a thriller)
05:51 PM on 03/21/2011
Scoutxx,
Awesome! That is good news. My agent needs to hear about you and your friends as he is pretty pessimistic these days. He's pitching my novel to UK publishers so I still have another shot. He said UK publishers are more comfortable with a thriller that has a bit of violence in it.
Would you be willing to say the title of your book?
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TomHunter
Author of "The Butcher of Leningrad" (a thriller)
08:56 PM on 03/21/2011
Just for curiosity's sake, can you tell me the name of your book, or even the name of one of your friends that you mention? Please tell us at least one novel that got published. I think your "first novel" is fictitious as are your "several other writers who had a similar experience". One title, please.
06:40 PM on 03/21/2011
Maybe submitting to 27 publisher's is not enough these days.

When people hear that a book was self-published they automatically assume it was rejected by publishers and therefore a bad book and will most likely not buy it. If a book is self-published it is better not to mention that it's self-published.
09:39 AM on 04/03/2011
I don't think that's true... Why do you have that impression? Publishers are well aware of novelists building their careers independently. They're looking for people with platforms.
I think the bigger issue for publishers considering self-published nonfiction is, "Did the niche audience already purchase this as a self-published book, making it impossible for us to get the kind of sales we need to justify our investment?"

http://www.nancypeske.com
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gwilder
Independent, Author, Parent, Musician, American
09:13 PM on 03/12/2011
I have written three published books that gardnered poors sells in the middled of the recession. I have four manuscripts in my computer pending for publishing. The best bet at me getting publishing again is through self-publishing. Book writing is a very hard job, however, the work don't begin until trying to a find a traditional publisher.To get a book published now, you have to famous then a publisher will come looking for you.
09:45 AM on 04/03/2011
I worked on two books that were published in the fall of 2009 when bookstores were NOT taking on inventory, even to reorder books that were selling well. These books, from a Big 6 and a major small publisher, had tiny print runs and languished in warehouses, sold only through Amazon, B&N.com and the like.

Traditional publishers have extremely high standards for platform except when they don't...when they overreact to an essay in the New York Times magazine that they and their three closest friends were talking about this past weekend, and then they decide this book simply has to be published. Alternately, there may be a hole on the list for a particular type of book, one comes in from an agent, and it will fill that spot. It's a lot less logical than you might guess. If you're lucky, you hit the right editor at the right time.

Their demands for platform aren't entirely ridiculous. They really don't know how to sell books to readers and their publicists are often unable to get you on TV or in print "off the book page" of a newspaper or magazine. They need all the help from you that you can give them. But if you have a great platform, and can make gobs of money each self-published eBook, and they won't consider letting you keep electronic rights...do you need them?

http://www.nancypeske.com
02:32 PM on 03/11/2011
Isn't 17% of a $25 list price (hard cover) more than 70% of a $2.99 list price (for online book)
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Mark Coker
Founder of Smashwords, ebook distributor
11:56 PM on 03/14/2011
Traditional authors are earning 5-17% list depending on the format. A mass market paperback is around 5%, a hardcover 10-15%, and an ebook is about 17% or less. The point is that a self-published ebook author can typically earn 60-70% list. This higher net gives indie authors the flexibility to sell for a lower price yet still net more than they would on a per-unit basis compared to traditionally published authors. These are the numbers that authors and their agents are taking a cold hard look at.
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DebtNavigation
Attorney and Author
09:23 AM on 03/11/2011
After a year on the market as an book, I went with
"Lean Publishing" (bookshaker) for "Debt Hope: Down and Dirty Survival Strategies" in order to have first rate cover work, well-laid-out typesetting etc. Happy I did.
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Bernard Starr
06:55 PM on 03/09/2011
I think it will be a quiet revolution. Many traditional publishers and editors still have their heads buried in the sand and dismiss self-publishing as a "different business"---that's a quote from a top editor. With the tsunami shift of marketing to the internet and social networks traditional publishing has lost its advantage. One day the naysayers will wake up and be shocked to find that the bulk of authors--and many leading ones-- have switched teams

Bernard Starr
09:48 AM on 04/03/2011
They'll also discover that new "publishers" have cropped up in a different form--publishers who recognize what needs to stay (quality writing, editing, and development, for example) and what needs to go (the big building in Manhattan, the long editorial meetings, the obsession with front list and disdain for backlist, etc.), and what needs to be added (branding, hello!)

http://www.nancypeske.com
09:18 AM on 03/09/2011
Thank you for writing this. I've been telling people this same thing for months. We the writers just won't need these guys in the near future. I put out my own books and sell them at Farmers Markets, with the profits going straight into my own pocket, buying time to write more. The only problem is coming up with the $ to fund the print runs - my part-time, barely above minimum wage job barely supports the writing career. The publishers pay to print our books. Who will step in to do that? And e-books will not be the dominant force so many think they might be. Many many readers still and always will prefer a PHYSICAL BOOK in their hands . . .Someone needs to start a non-profit that funds the printing of novels. Bill Gates, are you here?!

Alex Olchowski
www.slowbookmovement.com
01:37 AM on 03/09/2011
Here is a solution for all self-published authors. I'm a prolific author and I own all my work. I write non-fiction self help. I simply advertise on TV, cable and radio. It's that simple if you want sales. Forget publishing companies and keep all your money. I also published a book on self publishing and I always tell new authors to own all their rights and start their own publishing companies. Good luck!

http://emergencyincome.net
09:50 AM on 04/03/2011
Great idea--but advertising on TV, cable, and radio is out of the reach of beginners and intermediates in the self-help business, and most don't have the money to pay for quality editing and advertising and publicity (especially with freelance publicists usually demanding a $10,000 retainer with NO guarantee of even one measly publicity break).

http://www.nancypeske.com
01:21 PM on 03/08/2011
I selfpublished a health book with loads of information that can save life against future health risk but MEDIA especially are ignoring me. Tell me why. Fiction and fantasy are more appealing?
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SF TKF
Cthulhu thinks you'd make a nice sandwich.
04:18 PM on 03/08/2011
What are your credentials and do they establish a legitimate platform? These are both key to credibility, and without credibility, you can not expect the media to take you seriously. If you have established credentials and a platform, then you have a marketing problem.
10:02 AM on 04/03/2011
What is your newsworthy angle? Are you on HARO (Help a Reporter Out) and Reporter Connection scouring for leads?

Reporters who cover fiction, if there are any left!, would be quite different from lifestyle or health reporters.

Have you tried commenting on health blogs? Writing free articles for free articles sites? There are many ways to get the word out but you do have to have credibility, even if it's just the credibility of one person's experience combined with research. The idea has to be fresh, too.

http://www.nancypeske.com
09:49 PM on 03/08/2011
This is something I noticed too, after seeing only a handful of non-fiction on Smashwords' 100 most popular/most downloaded list. Many if not most of those fiction titles were either $.99 or free, which may explain their popularity... but I wonder if something much deeper is at work. Have fiction always been more popular? Good question!
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Tonya Plank
Award-winning author, blogger, lawyer
12:37 PM on 03/08/2011
Great post! Also add Victorine Lieske, Nancy C. Johnson, and now John Locke: http://bit.ly/gZvgjk to your list of highly successful self-published authors. The first two even made the NY Times ebook bestseller list despite that publication's insistence on excluding self-published titles. In the above link, Locke, at this moment, the #1 ebook bestseller on Amazon, says he's sold 350,000 copies in the last two months. Skeptics keep calling Hocking an exception. But we're seeing an increasing number of exceptions.

I still worry about literary and experimental fiction though - novels whose primary purpose is to make readers think (which often means making readers uncomfortable), or experiment with writing, and not purely to entertain. They're probably going to be a harder sale. I also still believe in the goodness of small literary presses. But I still know authors who've had negative experiences with them. Maybe authors will self-publish such books as well and the role of professional critics, bloggers and awards committees will increase with regard to those books. Maybe with the public's renewed interest in reading and ebook buying, some of those laid off critics will be re-hired. They'll just be reviewing self-published books as well. Maybe the small presses will transition into curated online bookstores. I don't know but thinking about the future is fascinating!
04:43 PM on 03/08/2011
Tonya, good comments. As for literary fiction, my own novels definitely fall into that category, but as a publisher, my business strategy doesn't concern itself with moving quantities of cheap retail products through distributors that want 50% or more of my homemade pie just to process the sale. Because of print on demand, I don't have a warehouse full of inventory to dump - a risk big publishers have to take on because of their retail focus.

My own business strategies are inappropriate to Mr.Coker's purposes here, but I know indy writers who use their books to generate the credibility needed to get lucrative speaking engagements. One sells 5000 books a year in person and less than a dozen through channels like Amazon et al. Others write nonfiction books to support their less-profitable fiction-writing compulsions.

You're correct that fiction books are a tough sell, but that doesn't mean self-publishing is a bad business. It's really a matter of thinking beyond the bookstore to find a way to do what fiction writers love doing the most.
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Debra Blasi
Founding Publisher: Jaded Ibis Press / Productions
10:36 AM on 03/10/2011
You wrote: "I still worry about literary and experiment­al fiction though"

Thanks for bringing this up, Tonya. The same technologies allowing writers to self-publish also allow independent publishers of experimental literature like me to create a "play space" for adventurous writers that heretofore did not exist -- plus, bring visual artists and musicians into the mix to broaden the audience and conversations between all creators. The market for experimental literature was limited by big publishers fixated on big revenues and small publishers not particularly savvy at marketing. As I stated in a recent Forbes interview, social networking, blogs and the enormous crop of creative writing majors makes today's new writing tomorrow's required reading.
11:07 AM on 03/08/2011
As always, Mark hits the nail on the head. Our books would have languished while we waited for the fulfillment of our dream, instead, our sales (thanks to e-books) are ahead of the expected sales from a "Big Publishing" new author.

Thanks Mark for another encouraging article
http://www.sprigmediagroup.com
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Jeffrey Garza Falcon
10:46 PM on 03/07/2011
If your a writer who is a person of color the chance of you getting a contract with a big publisher is very low. Minority voices and perspectives are considered "unmarketable."
10:07 AM on 04/03/2011
I disagree. In fact, 20 years ago, book publishers were actively looking to hire African American editors because Terry McMillan proved there was huge potential for genre fiction aimed specifically at African Americans. They follow the money. Green is the color they see.
Fiction is all about brilliant writing, getting to the right editor, and marketability based on previous successful similar books AT THAT HOUSE (you could be the next Terry McMillan, but if you send your book to a house that's never done commercial fiction well, you're probably wasting your time).

http://www.nancypeske.com