I often discuss with you how a big part of my job is career planning, and to me that doesn’t mean just sitting down and plotting how to make the bestseller list, but discussing what direction the next writing project will take. Should a series writer continue her current, successful series and add yet another to her plate or would she be better off dumping this series altogether for something fresh and new? Should a historical writer change her style to meet some of the current trends in historicals (more sex, more sex) or is part of her appeal the fact that she hasn’t embraced market trends? Should a contemporary author with declining numbers move away from contemporary altogether (is it the genre?) and embrace the paranormal trend, or is it less about the genre and more about the hook or the ideas she’s coming up with?
Just as it is for unpublished writers, published writers are constantly looking within themselves to discover their strengths and find out what would be the next best direction, and as an agent it’s my job to help support them in that as well as to give any input they might want. For each author this is a different experience and I really let my authors decide how they want to use me best. For some we have many, many email exchanges and phone calls, while others prefer to spend “alone time” writing, reading, and exploring new and different directions. Either way, I will tell you that this is a frustrating and nerve-wracking time for the author, and if I can do anything it’s really just be there as a show of support and try to guide the author in a positive direction.
What is fascinating for me through all this is watching the author process work. It’s different for everyone and it should be different for everyone. We’re all unique individuals with unique experiences and ideas so why should we expect a writing process to be the same? However, one thing that is the same is the reaction the author has when suddenly she reaches that Eureka moment, when after endless hours of discussion and writing, some of which just wasn’t clicking, it suddenly strikes. Like lightning from the sky, the author does a 180 and just knows what needs to be done. I swear it changes her as a person. The heavy burden of writing lifts and putting word to page is joyful again. What is so fascinating about the Eureka moment is that I know when it hits too. Not that I have some psychic premonition, but when I get the email or phone call that suddenly this is it, I know it in my heart, in my bones, in the same way the author does. I can honestly say, I get chills when it just feels right.
Jessica
BookEnds has moved! We can now be found at www.bookendsliterary.com BookEnds Literary Agency represents commercial fiction and nonfiction for readers of all ages and in this space we hope to provide advice and inspiration for writers. Our goal is to teach, enlighten and build a community for writers, agents and editors.
Friday, August 14, 2009
Thursday, August 13, 2009
Obtaining Cover Blurbs
Any published writer knows that writing the book, querying, and finding an agent is the easy part of your publishing career. Once you find a publisher the real work begins, and part of that work is obtaining cover blurbs for your book—you know, those quotes from other authors praising your work and you as a new up-and-coming star author.
But whose job is it to get those quotes? Is it the author, the author’s agent, the publisher? One reader was recently told by her publisher that it’s best if she stay out of it and let the publisher handle the blurbs. This publisher felt that established authors don't always like blurb requests directly from the author (harder to turn down, criticize, etc.), but the author wanted to know if it was okay to go ahead and approach a few contacts anyway.
And this is why I can’t stress enough how attending conferences and being part of writing groups can pay off: it’s just as much about building those author relationships as it is about meeting editors and agents. If all goes well, your publisher, or your editor, will approach a select number of authors requesting blurbs on your behalf, but of course there is no guarantee that everything will go well. Certainly I’ve been in situations with publishers who have put 100% of the burden of obtaining blurbs on the author, and this is where all that networking comes in. Now it’s up to you to get in touch with those bestselling authors and request that they read your book.
Networking is important in this business, as it is in any business, but I know some of you are going to wonder what you can do in a situation like that if you have no opportunities to meet bestselling authors. Well, cold calling (or emailing) is certainly an option, but I would do it carefully and to only a few. I think your best bet, in a situation like that, is to discuss options and possibilities with your agent and see what she can come up with. Remember, agents have connections with authors far outside of just who we represent and might be able to help out more than you realize.
The important thing to remember in all of this is that no matter who you, your editor, or your agent approach, that author has every right to say no and that’s okay. An author’s schedule can be insane between writing the next book, revisions, edits, and yes, a large number of requests for blurbs. How that’s handled is up to the author. I know some who refuse to give blurbs, while others limit themselves to only a certain number a year. One thing that I stress to all my clients is that, no matter what, you should only blurb a book that you truly feel you can get behind. You don’t need to tell the author you didn’t like it, you can always just say you didn’t have time.
Jessica
But whose job is it to get those quotes? Is it the author, the author’s agent, the publisher? One reader was recently told by her publisher that it’s best if she stay out of it and let the publisher handle the blurbs. This publisher felt that established authors don't always like blurb requests directly from the author (harder to turn down, criticize, etc.), but the author wanted to know if it was okay to go ahead and approach a few contacts anyway.
And this is why I can’t stress enough how attending conferences and being part of writing groups can pay off: it’s just as much about building those author relationships as it is about meeting editors and agents. If all goes well, your publisher, or your editor, will approach a select number of authors requesting blurbs on your behalf, but of course there is no guarantee that everything will go well. Certainly I’ve been in situations with publishers who have put 100% of the burden of obtaining blurbs on the author, and this is where all that networking comes in. Now it’s up to you to get in touch with those bestselling authors and request that they read your book.
Networking is important in this business, as it is in any business, but I know some of you are going to wonder what you can do in a situation like that if you have no opportunities to meet bestselling authors. Well, cold calling (or emailing) is certainly an option, but I would do it carefully and to only a few. I think your best bet, in a situation like that, is to discuss options and possibilities with your agent and see what she can come up with. Remember, agents have connections with authors far outside of just who we represent and might be able to help out more than you realize.
The important thing to remember in all of this is that no matter who you, your editor, or your agent approach, that author has every right to say no and that’s okay. An author’s schedule can be insane between writing the next book, revisions, edits, and yes, a large number of requests for blurbs. How that’s handled is up to the author. I know some who refuse to give blurbs, while others limit themselves to only a certain number a year. One thing that I stress to all my clients is that, no matter what, you should only blurb a book that you truly feel you can get behind. You don’t need to tell the author you didn’t like it, you can always just say you didn’t have time.
Jessica
Wednesday, August 12, 2009
Random Questions
I get a lot of questions to the BookEnds blog and I thank you for each and every one of them. Trust me, they really help keep this blog running. Unfortunately, I have yet to get to them all and yes, some are a year old. But some of you ask some really tricky questions. Today is random question day. These are the questions that aren’t “big” enough for a full blog post, but still need to be answered.
Can memoirs be sold on proposal or do I need to finish the entire manuscript?
Memoirs fall in the area of narrative nonfiction and any time you’re doing research on how to submit your book you should treat narrative nonfiction as if it were fiction. In other words, debut writers always need to write, rewrite, edit, and proof the book before even querying. Once you’ve established yourself (sold) as a fiction or narrative nonfiction writer, you’ll have the luxury of being able to sell on proposal.
I’ve received requests from editors through conferences and contests and have sent material off to them. Should I mention this to agents when I query or will it turn agents off because the book is already out there?
Definitely mention it. It shows agents that others in the industry have already expressed interest in your work and gives you that little oomph that others might not have. Make sure you mention that Jane Editor from Publishers Anonymous has your work “by request.”
Is it okay to send thank-you notes for personalized rejections?
Even the reader acknowledged that this question has been done to death. So why ask? I don’t know, but go ahead. For personalized rejections I think it’s fine. The truth is, if someone is going to blacklist you for a thank-you note they have bigger problems, and are probably rude themselves. Just send the note; it can’t hurt and might keep your name at top of their mind.
I’ve been told that some popular magazines don't respond until after a year or more. And some don't ever respond, putting your work into limbo indefinitely. Is this true? If so, is there anyway to avoid casting one's labors into a black hole?
Well, I don’t work on magazines, but I imagine if it’s true in books it’s true in magazines. Just send it, check on it occasionally, and eventually forget it. Work on your next project. The only way to avoid the black hole is to never submit, and we certainly wouldn’t want that.
If a book has previously been published at a small press, would you still be willing to represent it? If, of course, it met your criteria for submission and representation.
If the book has sold well, really well, I would be willing to consider it (I’d have to read it before knowing if I’d be willing to represent it). Better yet though, I think I’d rather see your next book instead.
When applying for a job or internship would it be inappropriate to deliver my cover letter and resume to an agency in person?
Yes, I think almost every agent I know would be annoyed by this.
How does Bookends feel about applications from interns that have queried and had full manuscripts requested by the agency?
I never thought of it. I guess I would consider the application. It might be kind of odd, but there’s no harm trying.
Do you know of any university that offers MFAs in fantasy writing?
No, but maybe some of my readers do.
This is a rather silly question, but if someone is interested in working with an agent or editor as a slush pile reader, how would they go about finding such a position? Is it happenstance or are job postings used?
No silly questions here, but sometimes silly answers. I’ve never seen job postings for slush readers, but that doesn’t mean they don’t exist. I would advise you just randomly canvass agents with resumes and see what happens. We don’t use slush readers so I don’t have a great answer for you.
Are sales figures easily available? Some editors expect the writer to be educated about the sales of similar novels in their genre. How can a writer get access to this information?
Sales figures aren’t even easily available to authors (until royalty statements arrive). I don’t think editors expect you to have the exact information, they just want you to have knowledge of those books that seem to be the most successful, and for that you can easily look at what bookstores give the most attention to or how they rank on online bookstores.
Jessica
Can memoirs be sold on proposal or do I need to finish the entire manuscript?
Memoirs fall in the area of narrative nonfiction and any time you’re doing research on how to submit your book you should treat narrative nonfiction as if it were fiction. In other words, debut writers always need to write, rewrite, edit, and proof the book before even querying. Once you’ve established yourself (sold) as a fiction or narrative nonfiction writer, you’ll have the luxury of being able to sell on proposal.
I’ve received requests from editors through conferences and contests and have sent material off to them. Should I mention this to agents when I query or will it turn agents off because the book is already out there?
Definitely mention it. It shows agents that others in the industry have already expressed interest in your work and gives you that little oomph that others might not have. Make sure you mention that Jane Editor from Publishers Anonymous has your work “by request.”
Is it okay to send thank-you notes for personalized rejections?
Even the reader acknowledged that this question has been done to death. So why ask? I don’t know, but go ahead. For personalized rejections I think it’s fine. The truth is, if someone is going to blacklist you for a thank-you note they have bigger problems, and are probably rude themselves. Just send the note; it can’t hurt and might keep your name at top of their mind.
I’ve been told that some popular magazines don't respond until after a year or more. And some don't ever respond, putting your work into limbo indefinitely. Is this true? If so, is there anyway to avoid casting one's labors into a black hole?
Well, I don’t work on magazines, but I imagine if it’s true in books it’s true in magazines. Just send it, check on it occasionally, and eventually forget it. Work on your next project. The only way to avoid the black hole is to never submit, and we certainly wouldn’t want that.
If a book has previously been published at a small press, would you still be willing to represent it? If, of course, it met your criteria for submission and representation.
If the book has sold well, really well, I would be willing to consider it (I’d have to read it before knowing if I’d be willing to represent it). Better yet though, I think I’d rather see your next book instead.
When applying for a job or internship would it be inappropriate to deliver my cover letter and resume to an agency in person?
Yes, I think almost every agent I know would be annoyed by this.
How does Bookends feel about applications from interns that have queried and had full manuscripts requested by the agency?
I never thought of it. I guess I would consider the application. It might be kind of odd, but there’s no harm trying.
Do you know of any university that offers MFAs in fantasy writing?
No, but maybe some of my readers do.
This is a rather silly question, but if someone is interested in working with an agent or editor as a slush pile reader, how would they go about finding such a position? Is it happenstance or are job postings used?
No silly questions here, but sometimes silly answers. I’ve never seen job postings for slush readers, but that doesn’t mean they don’t exist. I would advise you just randomly canvass agents with resumes and see what happens. We don’t use slush readers so I don’t have a great answer for you.
Are sales figures easily available? Some editors expect the writer to be educated about the sales of similar novels in their genre. How can a writer get access to this information?
Sales figures aren’t even easily available to authors (until royalty statements arrive). I don’t think editors expect you to have the exact information, they just want you to have knowledge of those books that seem to be the most successful, and for that you can easily look at what bookstores give the most attention to or how they rank on online bookstores.
Jessica
Tuesday, August 11, 2009
LOL
More of those things that happen around the offices of BookEnds to make us chuckle.
I actually rejected a client. I think I know exactly or almost exactly what happened. I had opened her email to read it and pushed it to the side of my monitor to answer later, then continued reading e-queries. I must have tapped her window by accident and hit the signature for a rejection and of course send. Luckily she didn’t take me seriously (I think she rarely does) and apparently I made her day. In fact, she might still be chuckling about this.
I found simple irony in this email: “I thought you might enjoy forwarding these quick (60-second) video writing tips along to the aspiring writers that probably clog up your inbox or you could add them to your blog or website.”
Another author discrediting herself before even getting to the pitch: “Yeah, I know, fiction sucks because it's so boring.” So why write it?
And I wasn’t sure whether to laugh or cry at this, but I actually received a query for a book (and I’m still hoping it’s a typo) that was nearing 1 million words. That’s lunacy! All I can say is that I admire the writer who can write one, a one million-word book.
Jessica
I actually rejected a client. I think I know exactly or almost exactly what happened. I had opened her email to read it and pushed it to the side of my monitor to answer later, then continued reading e-queries. I must have tapped her window by accident and hit the signature for a rejection and of course send. Luckily she didn’t take me seriously (I think she rarely does) and apparently I made her day. In fact, she might still be chuckling about this.
I found simple irony in this email: “I thought you might enjoy forwarding these quick (60-second) video writing tips along to the aspiring writers that probably clog up your inbox or you could add them to your blog or website.”
Another author discrediting herself before even getting to the pitch: “Yeah, I know, fiction sucks because it's so boring.” So why write it?
And I wasn’t sure whether to laugh or cry at this, but I actually received a query for a book (and I’m still hoping it’s a typo) that was nearing 1 million words. That’s lunacy! All I can say is that I admire the writer who can write one, a one million-word book.
Jessica
Monday, August 10, 2009
Author 007
I have written a controversial realistic fiction novel. If I want to keep my identity not discoverable, what's the best way to do this?
I have to admit it’s really hard for me not to simply reply to this question with, “Don’t tell anyone” and leave it at that.
I won’t do that though. I’ll force my fingers to continue writing.
Let me start by telling you that in the age of Google it’s pretty dang hard to keep anything a secret these days. Does anyone remember Primary Colors by that anonymous Joe Klein? When that book was published in 1996 by anonymous it became a game to see who could figure out the author’s real name first. I remember analysts comparing the writing to journalists and columnists everywhere. It was nuts, and later it was revealed that Joe Klein was in fact no longer anonymous. That being said, you can certainly do whatever you feel you need to if you want to remain underground, it just might be tricky.
First of all, your agent is probably going to need to know who you are. After all, the checks from the publisher get sent somewhere and the IRS is going to need to know to whom. So if for no other reason than it’s a legal issue you’ll probably have to reveal yourself to your agent. And then, if you really don’t want your publisher to know the real you, you can probably have everything go through your agent and only have your publisher refer to you by your pseudonym. Seems extreme for fiction though.
For media events you can wear a disguise and use your agent or a publicist to set those things up (and I know this is sounding snarky, but I am being honest here) or simply do everything by phone or online and refuse to make appearances (which could be tough if the book hits big).
Ultimately, pick a pseudonym and use that name. For now anyway that will keep you anonymous.
Jessica
I have to admit it’s really hard for me not to simply reply to this question with, “Don’t tell anyone” and leave it at that.
I won’t do that though. I’ll force my fingers to continue writing.
Let me start by telling you that in the age of Google it’s pretty dang hard to keep anything a secret these days. Does anyone remember Primary Colors by that anonymous Joe Klein? When that book was published in 1996 by anonymous it became a game to see who could figure out the author’s real name first. I remember analysts comparing the writing to journalists and columnists everywhere. It was nuts, and later it was revealed that Joe Klein was in fact no longer anonymous. That being said, you can certainly do whatever you feel you need to if you want to remain underground, it just might be tricky.
First of all, your agent is probably going to need to know who you are. After all, the checks from the publisher get sent somewhere and the IRS is going to need to know to whom. So if for no other reason than it’s a legal issue you’ll probably have to reveal yourself to your agent. And then, if you really don’t want your publisher to know the real you, you can probably have everything go through your agent and only have your publisher refer to you by your pseudonym. Seems extreme for fiction though.
For media events you can wear a disguise and use your agent or a publicist to set those things up (and I know this is sounding snarky, but I am being honest here) or simply do everything by phone or online and refuse to make appearances (which could be tough if the book hits big).
Ultimately, pick a pseudonym and use that name. For now anyway that will keep you anonymous.
Jessica
Friday, August 07, 2009
Who Owns Your Work
I was told recently by a published writer that an unsolicited submission literally belongs to the publisher until they tell me they're either buying or rejecting it.
This is madness! Are you kidding me? See this stuff drives me crazy! Who gives this kind of crackpot advice? See, this is why agents started blogs in the first place and why we so often have to repeat ourselves over and over again (not that I’ve ever had to address this question before). My goal, with this whole blog, is wrapped up in this one question. I am hoping to help eliminate this kind of wrong, wrong, wrong advice to poor unassuming authors. Thank goodness you’re heading in the right direction by finding agent blogs.
If you haven’t figured it out yet this so-called published writer is very wrong. An unsolicited, or a solicited submission for that matter, belongs to you. Sure the publisher can hold on to it for as long as they want, agents can do the same thing, but that doesn’t mean they have any control over it. You can sell it somewhere else, pull it from submission, or just plain let it sit there for years if you want. However, no one owns that work but you.
Jessica
This is madness! Are you kidding me? See this stuff drives me crazy! Who gives this kind of crackpot advice? See, this is why agents started blogs in the first place and why we so often have to repeat ourselves over and over again (not that I’ve ever had to address this question before). My goal, with this whole blog, is wrapped up in this one question. I am hoping to help eliminate this kind of wrong, wrong, wrong advice to poor unassuming authors. Thank goodness you’re heading in the right direction by finding agent blogs.
If you haven’t figured it out yet this so-called published writer is very wrong. An unsolicited, or a solicited submission for that matter, belongs to you. Sure the publisher can hold on to it for as long as they want, agents can do the same thing, but that doesn’t mean they have any control over it. You can sell it somewhere else, pull it from submission, or just plain let it sit there for years if you want. However, no one owns that work but you.
Jessica
Thursday, August 06, 2009
Ghostwriting
I’m an arts critic but in order to keep a decent amount of food on the table, I ghostwrite non-fiction books. So far, I’ve been lucky enough to find clients through referrals and being at the right place at the right time. The problem is, all of these projects (12) have been self-published, which means that although the manuscript is top-drawer, it ends up languishing by the caseload in clients’ sheds while they work out how to market them.
I quite like ghosting and am looking to move onwards and upwards. I’ve been making a few inquiries with publishers and agents about how they source ghostwriters for memoirs or other projects but can’t get a straight answer out of either side. Both say to try the other!
Which party is responsible for arranging the ghostwriter and what is the best way to get my foot in the door? Are there agents that deal specifically with ghosts?
This is an interesting question, and like so many of the questions I receive it doesn’t have an easy answer. In fact, it doesn’t have one answer. Both publishers and agents can use and hire ghostwriters. I know that BookEnds has a number of writers available for ghostwriting projects and have called in those writers more than once to help complete a project an expert writer was struggling with. In all of those situations, however, the ghostwriter came to us from another project. In other words, one writer came with an expert when I took on his book. She did such a great job that I later used her for other projects. Other writers came to us as writers and worked on projects of their own, but we called them in when ghostwriting became available.
I’ve also been in situations where it was the publisher who decided a ghostwriter was needed and suggested someone. I will tell you though that any time that happened the writer was already agented somewhere and the publisher had simply worked with her before on other projects. Typically publishers do not have a list of ghostwriters at hand and a smart ghostwriter is agented anyway.
Unfortunately, I suspect some of what you’re looking for is luck. It seems you’re getting work, which is great, now it’s getting those projects out to agents and finding someone who can get it to publishers. I don’t think you’re going to have any luck approaching publishers, and I think you’re going to have a difficult time finding an agent unless you have a project you can sell. Your best bet is finding that key project, ghostwriting it, and then working with the author to find an agent who would be willing to take you both on.
At this point, since I’ve never sat on your side of the desk, I’m going to turn this over to my readers. They tend to have better advice than I do on subjects like this.
Jessica
I quite like ghosting and am looking to move onwards and upwards. I’ve been making a few inquiries with publishers and agents about how they source ghostwriters for memoirs or other projects but can’t get a straight answer out of either side. Both say to try the other!
Which party is responsible for arranging the ghostwriter and what is the best way to get my foot in the door? Are there agents that deal specifically with ghosts?
This is an interesting question, and like so many of the questions I receive it doesn’t have an easy answer. In fact, it doesn’t have one answer. Both publishers and agents can use and hire ghostwriters. I know that BookEnds has a number of writers available for ghostwriting projects and have called in those writers more than once to help complete a project an expert writer was struggling with. In all of those situations, however, the ghostwriter came to us from another project. In other words, one writer came with an expert when I took on his book. She did such a great job that I later used her for other projects. Other writers came to us as writers and worked on projects of their own, but we called them in when ghostwriting became available.
I’ve also been in situations where it was the publisher who decided a ghostwriter was needed and suggested someone. I will tell you though that any time that happened the writer was already agented somewhere and the publisher had simply worked with her before on other projects. Typically publishers do not have a list of ghostwriters at hand and a smart ghostwriter is agented anyway.
Unfortunately, I suspect some of what you’re looking for is luck. It seems you’re getting work, which is great, now it’s getting those projects out to agents and finding someone who can get it to publishers. I don’t think you’re going to have any luck approaching publishers, and I think you’re going to have a difficult time finding an agent unless you have a project you can sell. Your best bet is finding that key project, ghostwriting it, and then working with the author to find an agent who would be willing to take you both on.
At this point, since I’ve never sat on your side of the desk, I’m going to turn this over to my readers. They tend to have better advice than I do on subjects like this.
Jessica
Wednesday, August 05, 2009
Losing Faith
I'm sure you've all taken on clients that you love the writing and the book, but have a hard time getting editors to feel the same way. Does this make you lose faith in your client (their work) in any way, or do you just become more determined to see that book (or another of theirs) hit the shelves?
I think from every agent you ask the answer to this question is going to be that it depends. One of the reasons agents are so picky and often use words like “love” and “passion” when taking on new work or even rejecting a project is that we know getting published and staying published is a long haul and can be difficult for both author and agent. If I love a voice and a client’s writing it’s a lot easier for me to keep the faith for however long it takes. If I take on a project because I think it will be an easy sale (like that exists) or because it’s okay, I’m not going to have the passion it takes to stick it out for what could be months or sometimes years.
The very real and honest answer to this question is that both things happen. I do lose the faith, but not so much in the client as I do myself. There are definitely times when I wonder, in situations like this, if maybe I am doing something wrong and not guiding the client in the right directions. And then I just get mad and decide that everyone else is an idiot and with renewed vigor I start over again.
It’s not easy for a writer to face rejection over and over again and it’s not easy for an agent either. When I offer representation I am making a promise of sorts. Sure, I never directly tell an author that I will have no problem selling her work, but it’s implied that I will sell her work and it’s important to me to live up to those expectations.
I think that writers have so much to worry about the last thing you need to add to the list is whether or not an agent will lose faith in you. If it happens you’ll sense it and it will be terrible and you’ll know it’s time to move on. Hopefully though you’ve found or will find an agent who believes that passion plays a key role in every author she takes on and has the fortitude to keep that passion going no matter what it takes.
Jessica
I think from every agent you ask the answer to this question is going to be that it depends. One of the reasons agents are so picky and often use words like “love” and “passion” when taking on new work or even rejecting a project is that we know getting published and staying published is a long haul and can be difficult for both author and agent. If I love a voice and a client’s writing it’s a lot easier for me to keep the faith for however long it takes. If I take on a project because I think it will be an easy sale (like that exists) or because it’s okay, I’m not going to have the passion it takes to stick it out for what could be months or sometimes years.
The very real and honest answer to this question is that both things happen. I do lose the faith, but not so much in the client as I do myself. There are definitely times when I wonder, in situations like this, if maybe I am doing something wrong and not guiding the client in the right directions. And then I just get mad and decide that everyone else is an idiot and with renewed vigor I start over again.
It’s not easy for a writer to face rejection over and over again and it’s not easy for an agent either. When I offer representation I am making a promise of sorts. Sure, I never directly tell an author that I will have no problem selling her work, but it’s implied that I will sell her work and it’s important to me to live up to those expectations.
I think that writers have so much to worry about the last thing you need to add to the list is whether or not an agent will lose faith in you. If it happens you’ll sense it and it will be terrible and you’ll know it’s time to move on. Hopefully though you’ve found or will find an agent who believes that passion plays a key role in every author she takes on and has the fortitude to keep that passion going no matter what it takes.
Jessica
Tuesday, August 04, 2009
The Reality of Royalties
I was talking to a client recently about royalties, and with her statement somewhere between the publisher’s office and mine she was wondering what she could reasonably expect that statement (and hopefully check) to look like. This is a common question not just among first-time authors, but from many of my more established clients as well, and I hate to say it but my answer is always the same. I have no idea. Sure, like the author, I always have hopes and make guesses based on what information the publisher has given me in terms of numbers and sub-rights sales, but since I’m rarely right I tend not to share those hunches with my clients.
The truth is that there is no way to really know what a royalty statement looks like until it arrives and I suspect this is true of most businesses. I remember talking to a friend who owns a retail shop and he was telling me how helpful computer inventories have been for his store. Even though he’s the one behind the counter 90% of the time he’s always amazed by which products are really his biggest sellers and which aren’t. I think this is the case with any business. We all have blinders on when it comes to a product we are really excited about, and until we see the actual facts and figures before us it’s difficult to separate our feelings from what’s really working and what isn’t.
What’s difficult for me is that all too frequently the author, upon receiving that very first statement, is disappointed. I don’t think it’s the numbers, because frequently the number of copies sold is very good, but it’s the check. There are a lot of things that take away from that first royalty check and certainly that can diminish the monetary numbers pretty quickly.
First, and I think most frequently forgotten, is the deduction for advance payments. I know we’ve discussed this before, but as a reminder an advance is not what you are being paid for the book, it is an advance against all future earnings (your royalties). In other words, the bigger the advance check(s), the bigger the deductions from your royalties. Let’s play this simple. Let’s say you received a $5,000 advance*** for your book. Before you earn any royalty money that advance needs to be earned out at your royalty rate, so if your book is selling for $10 and your royalty rate is 7.5%, you are earning roughly 75 cents a book. Which means you need to earn out $5,000 at 75 cents per book. If my calculations are correct you need to sell roughly 6,666 copies before your royalty earnings start to kick in.
However, those earnings might not appear in check form just yet because we also have reserves to consider. Reserves are those monies (or is that money) held back by the publisher in anticipation of any potential returns from bookstores. Remember, one of the biggest problems in this business is that books are returnable. Unlike other retail stores who buy and commit to a product, bookstores have the luxury of returning books for credit if they don’t sell, and authors only make money on books that actually sell to readers, not bookstores. Typically you can expect your publisher to hold back roughly 20% of the number of copies “sold” (that really means the number of copies sent to bookstores) in reserves from your first check. With each statement you receive, the percentage held in reserves should diminish until eventually the publisher is no longer holding anything. So, if your book “sold” 10,000 copies to bookstores, roughly 2,000 are held in reserves. That means that if you are earning a royalty rate of 7.5% on a $10 book, your potential income for this statement has been cut by $15,000, leaving you roughly with $7,500. Remember that $5,000 advance? You’ll need to subtract that too, which means now your check is reading about $2,500 and not the $15,000 you were hoping for based on the numbers your editor reported to you.
Of course this isn’t necessarily everything when it comes to both earnings and deductions, however it’s the bulk of what you’ll see on the statement, and these two things make the biggest impact on that royalty check.
***please note that the numbers here don’t accurately reflect actual publishing numbers. They are used simply because they are easy for me to calculate.
Jessica
The truth is that there is no way to really know what a royalty statement looks like until it arrives and I suspect this is true of most businesses. I remember talking to a friend who owns a retail shop and he was telling me how helpful computer inventories have been for his store. Even though he’s the one behind the counter 90% of the time he’s always amazed by which products are really his biggest sellers and which aren’t. I think this is the case with any business. We all have blinders on when it comes to a product we are really excited about, and until we see the actual facts and figures before us it’s difficult to separate our feelings from what’s really working and what isn’t.
What’s difficult for me is that all too frequently the author, upon receiving that very first statement, is disappointed. I don’t think it’s the numbers, because frequently the number of copies sold is very good, but it’s the check. There are a lot of things that take away from that first royalty check and certainly that can diminish the monetary numbers pretty quickly.
First, and I think most frequently forgotten, is the deduction for advance payments. I know we’ve discussed this before, but as a reminder an advance is not what you are being paid for the book, it is an advance against all future earnings (your royalties). In other words, the bigger the advance check(s), the bigger the deductions from your royalties. Let’s play this simple. Let’s say you received a $5,000 advance*** for your book. Before you earn any royalty money that advance needs to be earned out at your royalty rate, so if your book is selling for $10 and your royalty rate is 7.5%, you are earning roughly 75 cents a book. Which means you need to earn out $5,000 at 75 cents per book. If my calculations are correct you need to sell roughly 6,666 copies before your royalty earnings start to kick in.
However, those earnings might not appear in check form just yet because we also have reserves to consider. Reserves are those monies (or is that money) held back by the publisher in anticipation of any potential returns from bookstores. Remember, one of the biggest problems in this business is that books are returnable. Unlike other retail stores who buy and commit to a product, bookstores have the luxury of returning books for credit if they don’t sell, and authors only make money on books that actually sell to readers, not bookstores. Typically you can expect your publisher to hold back roughly 20% of the number of copies “sold” (that really means the number of copies sent to bookstores) in reserves from your first check. With each statement you receive, the percentage held in reserves should diminish until eventually the publisher is no longer holding anything. So, if your book “sold” 10,000 copies to bookstores, roughly 2,000 are held in reserves. That means that if you are earning a royalty rate of 7.5% on a $10 book, your potential income for this statement has been cut by $15,000, leaving you roughly with $7,500. Remember that $5,000 advance? You’ll need to subtract that too, which means now your check is reading about $2,500 and not the $15,000 you were hoping for based on the numbers your editor reported to you.
Of course this isn’t necessarily everything when it comes to both earnings and deductions, however it’s the bulk of what you’ll see on the statement, and these two things make the biggest impact on that royalty check.
***please note that the numbers here don’t accurately reflect actual publishing numbers. They are used simply because they are easy for me to calculate.
Jessica
Monday, August 03, 2009
Be True to You
As a young editorial assistant I had the luxury of exploration. I was just starting to get my feet wet in the acquisition waters and could request everything and anything that came my way. I had the opportunity to find my niche in the publishing world and see what really fit for me. One of the things I so strongly remember about those days was trying to fit that square peg into the round hole; in other words, I tried over and over to do the kinds of books that weren’t true to me, but that I felt were “cooler” than the kinds of books I really had a knack for. I’m not sure where this mentality comes from, but I can tell you that at some point in our lives every single one of us does this. Whether it’s wearing an armload of rubber bracelets, styling our hair in the latest Flock of Seagulls ‘do or trying to impress the boss in a manner that doesn’t fit any better than a pair of blue suede shoes, part of life is exploration and we all make mistakes along the way. What I’m asking is that you be very, very careful of not letting those mistakes torpedo a rising career.
As an unpublished author you get the luxury of freedom. You can write whatever you want, whenever you want, and however you want. Once that first publishing contract is signed and sent off, things change. Now you have deadlines, readers, sales expectations, and a brand to build. While you certainly still have creative freedom, you are no longer as free as you used to be. Sure, authors explore new genres and new directions all the time; the difference is those who are able to do it while remaining true to themselves versus those who do it because they feel it gives them a certain credibility or respect they don’t think they’re currently receiving.
I’ve been thinking about this blog post for a long time and the reason it’s taken me so long to write is that I’m not sure I’m going to be able to clearly get my point across, and even when rereading what I’ve written I’m still not sure that readers will really grasp what I’m trying to say, so let me try with this. We all have our strengths in this world. My strengths as a literary agent lie in commercial fiction and nonfiction. I’m not a literary reader and don’t have a natural inclination to understand what makes a literary novel marketable and appealing to the public. I do however have a knack for commercial fiction. Not only can I read a book and get a sense of whether editors and the buying public will find it appealing, but I can also read that book and help guide the author to make it stronger in both plot and character. I’m not going to say it’s easy and I’m not going to say I don’t struggle at times, but it’s where my strengths lie. And boy have I been abused for it over the years. Let’s face it, any of you who write commercial fiction have faced, at some point, the stigma of someone who is not writing “real books.” Whether it’s that you should be writing something more literary and more “meaningful” (whatever that means) or that you should be writing in a genre that’s more respected (whatever that means), someone, somewhere had to make a snarky comment that made you feel bad about doing what you love. Do not let that person or those people take control of your writing career. Be True to You.
Not everyone can write women’s fiction, not everyone can write romantic suspense, not everyone can write literary fiction, and not everyone can write epic fantasy, and that’s a good thing. I’m not saying you can’t explore new genres or you shouldn’t take your books to that next level. I’m saying that before you call your agent and tell her that you're abandoning your romantic comedy*** career for something “more respectable” like romantic suspense, you should try on that romantic suspense first, stand in front of the three-way mirror and really, honestly tell yourself if it fits. It might not and that’s okay, because not everyone can get away with wearing a fedora either.
Be proud of the person and the writer you are, take ownership of your strengths. Stand up now, out of your chair, and say it, out loud, what you write. Say it, “I write cozy mysteries” or “category romance” or “horror” or “literary fiction” or “poetry.” Are you proud? Is your head held up high or are you apologetic and meek? If your answer is the latter, then do it again and again and again until you can say, with all the pride in the world, loud and clear, what you write.
Be true to yourself, toss out that ill-fitting cowboy hat that was never you anyway and put back on the bunny ears. Write to your strengths and you will find the success you crave, and don’t go asking for people to respect you and your writing, demand it.
***I apologize to all romantic comedy writers; you were the first sub-genre that popped into my head and in no way do I mean to imply that you are not respectable, so please don’t go jumping ship to start writing horror about blogging literary agents.
Jessica
As an unpublished author you get the luxury of freedom. You can write whatever you want, whenever you want, and however you want. Once that first publishing contract is signed and sent off, things change. Now you have deadlines, readers, sales expectations, and a brand to build. While you certainly still have creative freedom, you are no longer as free as you used to be. Sure, authors explore new genres and new directions all the time; the difference is those who are able to do it while remaining true to themselves versus those who do it because they feel it gives them a certain credibility or respect they don’t think they’re currently receiving.
I’ve been thinking about this blog post for a long time and the reason it’s taken me so long to write is that I’m not sure I’m going to be able to clearly get my point across, and even when rereading what I’ve written I’m still not sure that readers will really grasp what I’m trying to say, so let me try with this. We all have our strengths in this world. My strengths as a literary agent lie in commercial fiction and nonfiction. I’m not a literary reader and don’t have a natural inclination to understand what makes a literary novel marketable and appealing to the public. I do however have a knack for commercial fiction. Not only can I read a book and get a sense of whether editors and the buying public will find it appealing, but I can also read that book and help guide the author to make it stronger in both plot and character. I’m not going to say it’s easy and I’m not going to say I don’t struggle at times, but it’s where my strengths lie. And boy have I been abused for it over the years. Let’s face it, any of you who write commercial fiction have faced, at some point, the stigma of someone who is not writing “real books.” Whether it’s that you should be writing something more literary and more “meaningful” (whatever that means) or that you should be writing in a genre that’s more respected (whatever that means), someone, somewhere had to make a snarky comment that made you feel bad about doing what you love. Do not let that person or those people take control of your writing career. Be True to You.
Not everyone can write women’s fiction, not everyone can write romantic suspense, not everyone can write literary fiction, and not everyone can write epic fantasy, and that’s a good thing. I’m not saying you can’t explore new genres or you shouldn’t take your books to that next level. I’m saying that before you call your agent and tell her that you're abandoning your romantic comedy*** career for something “more respectable” like romantic suspense, you should try on that romantic suspense first, stand in front of the three-way mirror and really, honestly tell yourself if it fits. It might not and that’s okay, because not everyone can get away with wearing a fedora either.
Be proud of the person and the writer you are, take ownership of your strengths. Stand up now, out of your chair, and say it, out loud, what you write. Say it, “I write cozy mysteries” or “category romance” or “horror” or “literary fiction” or “poetry.” Are you proud? Is your head held up high or are you apologetic and meek? If your answer is the latter, then do it again and again and again until you can say, with all the pride in the world, loud and clear, what you write.
Be true to yourself, toss out that ill-fitting cowboy hat that was never you anyway and put back on the bunny ears. Write to your strengths and you will find the success you crave, and don’t go asking for people to respect you and your writing, demand it.
***I apologize to all romantic comedy writers; you were the first sub-genre that popped into my head and in no way do I mean to imply that you are not respectable, so please don’t go jumping ship to start writing horror about blogging literary agents.
Jessica
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