I've been thinking of late - I've heard publishers say that book shops account for 75% of book sales.
However, whenever I visit a Waterstones I usually check to see if any of our chron authors are stocked. Usually they aren't.
Instead, I can easily find best selling classics in the SFF section. Little else.
It therefore occurred to me that publishers may be looking at very skewed figures - that book shops are only selling books known to have a potential high volume sales potential, mostly through proven track record.
In other words, most of the books sold in book shops are best sellers that sell anyway.
In which case - what is the point of a debut author signing up with a publisher?
Agreed, there is some publicity and trust - but chances are their books will not appear on book shelves at major stores.
So the vast majority of sales would be through Amazon - especially ebooks. For that privilege, the author allows the publisher to take a massive cut of the income.
The business issue being that if someone is willing to invest in proper editing and marketing - which will be quite a cost - the potential returns would be significantly better.
I'm not trying to argue for self-publishing as much as a broken model for traditional publishing.
I just keep thinking it makes more business sense to push on having a very polished product and epublish than have a publishing company do it.
I mean, if the publishing company cannot guarantee that they can book physical books on physical bookstore shelves, then what is the point of using them?
Additionally, Amazon continues to innovate, while publishers have still yet to grasp exactly what the internet is, does, and can be used for.
Which means when it comes to online sales - the place where new authors will mostly be reliant on for sales - it is the holder of the majority of royalty rights that wins. And with a publishing company, that's them, not the author.
Simply thinking aloud.
In the meantime, next time I'm at my "local" Waterstones, I'll be looking out for:
Anne Lyle
Francis Knight
Toby Frost
Mark Robson
to see if they are properly represented.
I would recommend others do the same - I'd love to hear your feedback.
Because if publishers are failing to put books for debut and relatively new authors on the book shelves, then they are failing their authors, and therefore making themselves somewhat irrelevant.
Something I've been thinking about...
However, whenever I visit a Waterstones I usually check to see if any of our chron authors are stocked. Usually they aren't.
Instead, I can easily find best selling classics in the SFF section. Little else.
It therefore occurred to me that publishers may be looking at very skewed figures - that book shops are only selling books known to have a potential high volume sales potential, mostly through proven track record.
In other words, most of the books sold in book shops are best sellers that sell anyway.
In which case - what is the point of a debut author signing up with a publisher?
Agreed, there is some publicity and trust - but chances are their books will not appear on book shelves at major stores.
So the vast majority of sales would be through Amazon - especially ebooks. For that privilege, the author allows the publisher to take a massive cut of the income.
The business issue being that if someone is willing to invest in proper editing and marketing - which will be quite a cost - the potential returns would be significantly better.
I'm not trying to argue for self-publishing as much as a broken model for traditional publishing.
I just keep thinking it makes more business sense to push on having a very polished product and epublish than have a publishing company do it.
I mean, if the publishing company cannot guarantee that they can book physical books on physical bookstore shelves, then what is the point of using them?
Additionally, Amazon continues to innovate, while publishers have still yet to grasp exactly what the internet is, does, and can be used for.
Which means when it comes to online sales - the place where new authors will mostly be reliant on for sales - it is the holder of the majority of royalty rights that wins. And with a publishing company, that's them, not the author.
Simply thinking aloud.
In the meantime, next time I'm at my "local" Waterstones, I'll be looking out for:
Anne Lyle
Francis Knight
Toby Frost
Mark Robson
to see if they are properly represented.
I would recommend others do the same - I'd love to hear your feedback.
Because if publishers are failing to put books for debut and relatively new authors on the book shelves, then they are failing their authors, and therefore making themselves somewhat irrelevant.
Something I've been thinking about...