
"I've always wanted to write a book."
As an author or a pre-published author, how many times have you heard this statement the moment someone discovers you're a writer? My guess, is quite often, and the longer you write, the more you will hear it.
I love writing and the publishing market, but I'm witnessing lots of changes that can be seen as both positives and negatives. Even if you're a "glass half full" kind of person, you need to be able to recognize the negatives so you can brainstorm and develop ideas on how to turn them into positives. In other words, you can't find a solution if you do not first recognize that there is a problem.
The changes that are taking shape in the publishing industry is affecting all writers whether they are the million dollar writers, multi-published, award-winning, midlist, traditionally published, POD published, e-published, or self-published. No one is exempt from the paradigm shift that is taking place, not even agents, editors, publishers, publicists, or marketers and designers that work in the industry.
What am I noticing?Almost everyone who wants to write a book
IS writing a book and the publishing market is being flooded with all kinds of books--increasingly, self-published e-books. This has its advantages and disadvantages. I've listed a few below, but there are many more points not listed that we could discuss.
Advantages for authors are:
- Not having to wait years to see their books in print
- Having full control of their manuscripts from writing, editing to cover design
- Ability to set pricing controls and adjust it to market fluctuations
- Higher royalty payments
- Publishing niche books that may not appeal to the general audience
Disadvantages for authors are:
- No advance
- All marketing and distribution is on the author's shoulders
- May cost more of a personal financial investment
- Higher chance of releasing books before they are ready and when more edits and rewrites are needed
- Building a platform from scratch, since even traditionally published debut authors have the publisher's platform to start from
Now, midlist authors whether they are traditionally published, POD published, or self-published via ebooks are competing in a flooded market that is either swallowing them up or leaving them on the shore mired in sinking sand. A few are doggie-paddling to a row boat. Only the million dollar authors are on the nice yachts sailing through the water on the sails of their publishers' marketing budget. The impact on them is much less than the rest of us, but a wave might flip them over every so often.
What is the solution?It's already been identified--a solid platform.