If you are interested in blogging or want to promote your book, please contact E. B. Davis at email@example.com
Our October Author Interviews--10/4 Wendy Tyson, 10/11 Marilyn Levinson, 10/18 Earl Javorski, 10/25 Linda Lovely. Please join us in welcoming these authors to WWK.
October Saturday Guest Bloggers: 10/7 Mark Bacon, 10/14 Elaine Orr, 10/21 WWK's Margaret S. Hamilton, 10/28 Kait Carson, and E. B. Davis 10/31 to fill out our fifth Tuesday.
WWK’s Carla Damron was one of three finalist for her novel, The Stone Necklace. Go to Carladamron.com for more information. Congratulations, Carla! Look for Carla's blog this month to find out the winner.
Congratulations to our writers for the following publications:
Warren Bull's new Lincoln mystery, Abraham Lincoln In Court & Campaign has been released. Look for the Kindle version on February 3.
Shari Randall's "Pets" will be included in Chesapeake Crimes: Fur, Feathers, and Felonies anthology, which will be published in 2018. In the same anthology "Rasputin," KM Rockwood's short story, will also be published. Her short story "Goldie" will be published in the Busted anthology, which will be released by Level Best Books on April 25th.
In addition, our prolific KM will have the following shorts published as well: "Sight Unseen" in Fish Out of Water, Guppie (SinC) anthology, just released, and "Making Tracks" in Passport to Murder, Bouchercon anthology, October 2017.
Margaret S. Hamilton's short story, "Baby Killer" will appear in the 2017 solar eclipse anthology Day of the Dark to be published this summer prior to the eclipse in August.
Tuesday, May 25, 2010
Death Rattle for Traditional Publishing?
I met Joe soon after he made his first Jack Daniels sale. I remember him (we have a mutual acquaintance in Jack Kerley ); I’m sure he doesn’t remember me.
Back to the deal. The price? $2.99 a pop, of which Joe gets $2.04 (or maybe $2.10, depending on what source you believe.) From Konrath’s perspective, he’ll make more money with the deal than on a $9.99 e-book under the traditional agency agreement .(Based on Kristin Nelson’s blog, I understand authors often get 25% of net – which is equivalent to 17.5% or $1.75.)
It is also more than he would get for a trade paperback that sells for $15 or so.
Joe wins if he can sell the same number of copies as he would from trade paperbacks and “traditional” e-book sales.
If anyone was going to make this first move, Joe would be a good bet. He has taken charge of developing his marketing persona, spent considerable time and effort developing e-sales of back material. He gives away some older material for free. He blogs, Facebooks, Twitters and about anything else one can do (legally) on the internet. Through that hard work, Joe has developed a large online presence and has made a fair piece of change with electronic sales. Besides, the traditional publishers turned him down (at least on terms he was willing to accept.)
He’s also spent a ton of time at book stores signing his books and at conferences presenting his ideas and pressing the flesh (and signing more books.)
So what does Joe’s deal mean for those of us looking for our first deal? We should keep Joe’s advice in mind:
Right now, the best way to pursue a writing career is to find a good literary agent and sell the book to a well-respected print publisher. In other words: DON'T DO IT ON YOUR OWN.
Are there exceptions? Of course. Before you pursue a writing career, you need to clearly define your goals, and decide what you want in order to be happy. If you want your book in stores, you need to go the traditional route.
If you've already gone the traditional route, and gotten rejected, I think ebooks are something you can try ALONG WITH continuing your agent/publisher search, not instead of.
Agent Nathan Bransford thinks it is too early to know how publishing will shake out. I agree, particularly since with respect to e-book readers we are very early in the technology and user adoption process. Amazon built a huge lead, but Barnes & Noble has the equivalent of a Kodak moment facing it. (i.e. when photography started moving from film to digital.)
Joe Konrath notes in his blog that Amazon has at its disposal an incredible database of people who have bought his books from them in the past. From that he expects to develop a mass, but targeted and fairly inexpensive, sales campaign for Shaken. That doesn’t work for those of us without sales histories. The best we can get is the “If you liked XYZ, you’ll love….”
I’m excited for Joe – I always root for crazy people who can make a good living off their idiosyncrasies. (Tom Robbins is my favorite example.) Assuming he is successful, it will help put pressure on traditional publishers to cut better electronic deals for their authors. By the way, Joe used his agent to help negotiate the deal with Amazon.
Does it mean the death of traditional publishing? Nope. But if they are not careful, their current cold could turn into pneumonia.