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HOW TO TELL LIES TO TOTAL STRANGERS FOR MONEY JAMIE S. FOLEY
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SELF PUBLISHING & MARKETING JAMIE S. FOLEY
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FICTION OR NON-FICTION?
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CHRISTIAN YOUNG ADULT FANTASY 3 independently published novels 1 new manuscript out to 3 publishers “Harry Potter in a Left Behind story... It is refreshing to read something this clean and engaging and I heartily recommend this Christian YA suspense thriller for readers teen to adult.” — R.T. YOUNG THE SENTINEL TRILOGY
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WORKED 3 YEARS @ THOMAS NELSON PUBLISHERS Webmaster & digital marketing specialist Live Events division in Plano, TX
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FREELANCE WEBSITE DESIGN & MARKETING
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BETH WISEMAN BESTSELLING CHRISTIAN FICTION AUTHOR OF 28 NOVELS & NOVELLAS
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WAIT A SECOND… IF BETH WISEMAN HAS CONTRACTS UNTIL 2019 WITH HARPER COLLINS, WHY IS SHE SELF-PUBLISHING?
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TRADITIONAL PUBLISHING You sell your rights to a publishing company in exchange for their distribution, occasionally an advance, and other perks
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SELF PUBLISHING “To publish (a piece of one's work) independently and at one's own expense.” - Google
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HYBRID PUBLISHING “The hybrid author is someone who has book deals with traditional presses, but also self-publishes, or publishes in some other nontraditional way.” – Huffington Post
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SELF $500-$999 TRADITIONAL $3,000-$4,999 HYBRID $7,500-$9,999 AVERAGE ANNUAL INCOME HTTP://WWW.THEGUARDIAN.COM/BOOKS/2015/JAN/23/AUTHORS-EARNINGS-FALL-350PA-SURVEY
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WELL… THAT WAS DEPRESSING.
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SELF You maintain rights & creative control You set your own deadlines You pay for editing, cover, formatting Higher royalty percentages TRADITIONAL Publisher takes the bulk of profits Required literary agent takes 15% Publisher may give an advance Publisher’s connections, distribution, and they may hire a publicity firm WHAT’S THE DIFFERENCE?
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YOU DO THE MAJORITY OF YOUR OWN MARKETING. REGARDLESS,
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WHAT? BUT MY PUBLISHER IS SUPPOSED TO DO ALL OF MY MARKETING FOR ME!
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MARY WEBER Author of the Storm Siren trilogy with HarperCollins
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SELF PAPERBACK Number of pages? Width and length? Retail price? CreateSpace royalty calculator at www.createspace.com/Products/Book TRADITIONAL PAPERBACK Royalties usually start at around 7.5% PRINT ROYALTIES HTTPS://ANDYROSSAGENCY.WORDPRESS.COM/TAG/PAPERBACK-ROYALTIES/
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PRINT ROYALTY EXAMPLE: SENTINEL
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$4.45 + $1.25 (shipping from printer) = $5.70 PER BOOK $12.99 (retail) - $5.70 = $7.29 PROFIT PER BOOK SOLD
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WHAT ABOUT TRADITIONAL? 7.5% of $12.99 = 97¢ PER BOOK SOLD
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TAXES…
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SELF KINDLE 70% if your book is priced between $2.99 and $9.99 30% otherwise NOOK 40% TRADITIONAL EBOOKS 25% on average EBOOK ROYALTIES HTTPS://WWW.ALANJACOBSON.COM/WRITERS-TOOLKIT/THE-BUSINESS-OF-PUBLISHING/ ABOUT 70% OF MY BOOK SALES ARE EBOOKS, AND 70% OF THOSE ARE KINDLE.
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DO I NEED AN AGENT?
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THE GOOD Sells you to traditional publishers Represents you during negotiations Guides you throughout your career Tackles difficult contracts THE BAD Take 10% - 15% of your earnings LITERARY AGENTS REQUIRED FOR TRADITIONAL PUBLISHING, NOT NECESSARY FOR SELF PUBLISHING.
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EDITING! Because we can’t expect to write 5,000 words per day and like all of them.
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Collect 5-10 beta readers Developmental edits: $250-$350 Line edits: $1,000+ Quill Pen Editorial: www.quillpeneditorial.com EDITORS WANT TO GET TRADITIONALLY PUBLISHED? HIRE AN EDITOR TO MAKE SURE YOUR MANUSCRIPT IS IN GREAT SHAPE!
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SELF-DESIGNED OR PROFESSIONAL? LET’S PLAY
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PEOPLE JUDGE BOOKS BY THEIR COVERS. 79% OF PEOPLE SAY THE COVER PLAYS A DECISIVE ROLE WHEN BUYING A BOOK. HTTP://THEBOOKSMUGGLERS.COM/2010/04/COVER-MATTERS-THE-SURVEY-RESULTS.HTML
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Just because you CAN design a cover yourself doesn’t mean you SHOULD. Design + font = genre Covers can cost $100-$1,000+ COVER DESIGN
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DON’T FORGET FORMATTING… Hire a professional to format your book
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AND THE ISBN… Costs $100 or free from CreateSpace
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THIS IS A LOT OF MONEY! You’re starting a new small business. All businesses require an initial investment to get started.
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KIRK DOUPONCE @ DOGEAREDDESIGN.COM
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THE PLAN? GO HYBRID! Publish your first book for yourself. Write several manuscripts and learn. Write what publishers want. self-publish > go for traditional publishing > self-publish again
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“[PUBLISHERS] WANT TO FIND ASPIRING AUTHORS WHO ARE GOOD BUSINESS PEOPLE.” HTTP://WWW.WRITERSDIGEST.COM/ONLINE-EDITOR/DO-YOU-HAVE-WHAT-PUBLISHERS-REALLY-WANT Social media engagement, not necessarily your amount of followers Email list size, open rate, and engagement Website Visits Google page rank Good design - NINA AMIR, WRITER’S DIGEST
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YOUR WEBSITE SHOULD HAVE: An easy way to buy your latest book Your progress on your next book Your contact info with a professional, current portrait Behind-the-scenes content Your event schedule Recommended books HTTP://WWW.AUTHORMEDIA.COM/WHAT-READERS-WANT-FROM-YOUR-AUTHOR-WEBSITE
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START AN EMAIL LIST! Very high return on investment Publishers may ask how big your list is Sell more books over time Free goodie for sign up Sign up for a free starter account at MailChimp.com
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SOCIAL MEDIA MANIA! Don’t feel like you have to join every new network. Pick 1 or 2!
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INFOGRAPHIC BY ACCION.ORG
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47% OF ALL INTERNET USERS ARE ON FACEBOOK A good ratio of content to sales is 7:1 Post according to what your audience wants to see Inspirational? Bible verses Young? Funny memes End times? Politics & news Romance? Recipes & crafts Make a page, not a profile Pay a few dollars to ‘boost’ posts that are important to you HTTP://WWW.JEFFBULLAS.COM/2015/04/08/33-SOCIAL-MEDIA-FACTS-AND-STATISTICS-YOU-SHOULD-KNOW-IN-2015/
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GOODREADS Add your books Offer giveaways Write your own reviews Answer questions Best place to get reviews!
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BOOKBUB Spend $65-$475, get thousands of sales http://www.bookbub.com/ partners/pricing “BookBub [is] the cheapest on a per-sales giveaway basis.” – THOMAS UMSTATTD JR. OF ENCLAVE PUBLISHING 20% of books accepted Email lists with millions of subscribers Feature ebook deals
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ANGELA CASTILLO
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PERMAFREE: When you give your book away for free, permanently, in ebook formats.
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PERMAFREE 2015 ACFW conference: Traci Tyne Hilton – “Well, the first month the first… book was free—and I only had three books in the series at the time—I made $2800.” Enclave Publishing’s Thomas Umstattd Jr. – “The biggest shift that we made in terms of strategy was going permafree… It was an overwhelming success. The number of sales for books 2 and 3 in those series more than doubled.” Works with a series Set the first book for free on Kindle and people will buy books 2, 3, and beyond… HTTP://WWW.NOVELROCKET.COM/2014/09/PERMAFREE-AS-INDIE-MARKETING.HTML HTTP://WWW.NOVELMARKETING.COM/74-2/
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OTHER AWESOME MARKETING STRATEGIES SPEAKING The best way to sell non- fiction books LOCAL BOOKSTORES Be excellent to bookstore owners and they’ll promote your books to their customers. BOOK SIGNINGS Great way to generate excitement LIBRARIES & CHURCHES Get involved and help! People will talk about you, and you’ll sell books over time (especially series) BLOGGERS Send a paperback in exchange for a review
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RESOURCES MARKETING Author Media blog: www.authormedia.com/blog Novel Marketing podcast: www.novelmarketing.com Re:Write Conference - Christian event in Austin each Fall: www.rewriteconference.com CRAFT Writing Excuses podcast: www.writingexcuses.com Scribophile critiques: www.scribophile.com DOWNLOAD THIS POWERPOINT www.jamiesfoley.com
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QUESTIONS?
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