There IS a gold rush in independent publishing, and it's been going on long enough now that we can finally draw some conclusions. If getting rich is your thing, some people are, but the pure, unadorned truth is this...the vast majority of people aren't. This fact is supported by Amazon itself who, quite rightly, stresses up front that most people sell only a few copies of their novels, and those are purchased by their family and friends. Many people don't sell any books at all. Guess their novels are so bad even their mothers won't buy them. :-)
All of this reminds me of the California Gold Rush in the 1840s and 50s. If you're unfamiliar with what happened, here are the simple facts: A guy found some gold, word spread, and vast numbers of people braved stupendous hardship to travel to California to seek their fortune. When it was all said and done, a few people did make some money, but most of the prospectors went away broke and heartbroken. The only folks who consistently made money were those who serviced the prospectors--store owners who sold them shovels, coats, etc., saloon keepers who kept them "fortified", hookers who...well, you know, and numerous unscrupulous characters who cheated the miners out of everything they were able to scratch from the ground or siphon from the rivers.
Unfortunately, the same thing is happening in the independent publishing biz. A couple of writers have made some money--mainly those writing nonfiction, romance, and thrillers--but most of Amazon's writers aren't making their original investment back. So who's making money? Well, Amazon, of course, as well as those selling "the secret to self-publishing success!" Yes, there are a lot of these, and most of them are failed writers trying to make a buck off their fellow writers. Not all of them are unscrupulous, of course. Some of them honestly want to help you, but here's some tough love for you, folks. The self-publishing model isn't working well yet. Why? Because the traditional publishers are still the big kids on the block. Their distribution models have been in place for a long time now, and it's difficult, if not impossible, for you to compete with these models successfully.
What also continues to harm the independence model is that a lot of book contests won't let you enter their contests, and many bloggers, vloggers, teachers and librarians won't read and review your books. Some will, and kudos to those who do, because, truthfully, there is a lot of self-published garbage out there. It was dumped into the market by people who were just trying to make a buck, and who attacked anyone who dared call their work what it was. So it's not surprising that many bloggers, teachers, and librarians now shy away from self published books. However, this makes it very, very difficult for legitimate writers to reach their audience--especially those, like yours truly, who write middle-grade fiction.
The other factor that limits the outreach of self-published books is money. Traditional publishers can provide a huge, world-wide launch for a book, sending out thousands of review copies, doing book and blog tours, ad campaigns, etc., etc. A self-published novelist doesn't have the money or the marketing structure in place to compete with this.
There are companies that will supposedly give you this same world-wide clout, but all of them cost you a considerable amount of cash. My advice would be to tread carefully and investigate them thoroughly, for you see this a lot in the independence movement. You have a problem? Someone has their hand out, promising you that in exchange for your money, they have your solution. Do they? I'll let you decide, but I would read the fine print. However, without this ability to reach your audience, you can write a wonderful book and do your due diligence in getting your novel edited professionally, with a professional cover, etc., but you still won't make a dime. And if you can't make a living, folks, you can't publish. Yes, you can write, but you can't publish.
Is there hope for the future? Yes, there's always hope. The publishing business HAS been positively impacted by the independence movement, and I'm hopeful that even traditionally published authors have benefited from this impact, and that eventually the independent novelist will benefit as well. But we're not there yet.
So if your goal in 2017 is to write your first novel, be warned...before you start, spend considerable time investigating the best way to market your book. There is no point in spending a year of your time and a lot of your money if you can't get your book into the hands of your readers. Believe me when I say I'm not discouraging you from writing your novel, for true writers write regardless of whether their books make money, but I am trying to get you to approach the process with your eyes open. Besides, who knows, you might be one of those breakout people! The world can always use another great book!
If you have any questions or comments, feel free to drop me a note.
Until next time...I'm moving on...
Published on January 12, 2017 10:46
After sifting through and being ignored by some five-hundred agents (I kept the rejection letters of those bother to respond by mail) I finally self-published The Other Side Of Courage, after paying 7K for editing, giving away 40 books and selling - as of this writing- two books.
One smart-ass messaged me "Thanks," and he would put it on his pile of giveaways and let me know what he thought when he got around to it...
Is it a bad book? Nope! The original title was Twilight Of Fury and the Historical Novel Society called it "well researched and a riveting page turner but it needed editing which the publisher, Hilliard and Harris did none. But it was finally published. Would book stores put it on their shelves? Nope. (This was 2005) I then learned it was a POD. What is a POD and why is it tainted? What publishing has become.
After enriching others on nearly 60K for travel, research, editing and etcetera, I should bought a better airplane...
On a happy note, I had fun!