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Showing posts with the label business

Book Sales Isn’t Always About the Best Book

W hen we consider book sales, the thing that separates the successful good book and the unsuccessful good book is the number of people who know about it. There are a number of books out there that are well written but don’t sell well because people haven’t picked them out of the noise. I say that at the risk of sounding like I’m trying to tell you that I think my own books fall within that category. For this discussion, let’s forget I’ve ever written a book and look at book sales from a broader perspective. Some people are concerned that with the influx of self-published books, customers will be overwhelmed by the options. I have news for them Customers are already overwhelmed by the options. That is part of the reason why bestselling novels do so much better than other books. If customers could go out and find the book they will enjoy the most at any moment in time, book sales would be more evenly distributed, but customers aren’t making a decision about which books they will like the...

The Advantages of Small Publishers

Yesterday, I talked about large and small publishers. In case you missed it, the point was that large publishers can produce a higher quality product and market it more efficiently than a small publisher. Before you conclude that small publishers have nothing going for them, let me discuss some reasons why a small publisher can be a good thing. No publishing company is very large, when compared to businesses in other industries. Random House has less than 6,000 employees and the big boy in the Christian publishing world, Thomas Nelson, has somewhere around 700. The reason I point that out is because we really can’t claim that small publishers are more personal. They are all small enough to have a personal feel to them. One of the real advantages that a small publisher has over a large publisher has to do with risk. Suppose I am a small publisher with five employees. A manuscript comes along and we fall in love with it, but it may seem offensive to our customer base. In fact, it might b...

Do Larger Publishers Have More Overhead?

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There is a perception among some people that smaller companies are better because they have a smaller overhead. I noticed this when talking about building contractors. A friend of mine thought a large company would tack more onto the contract to cover the cost of paying office personnel. I noticed that Jeff Gerke holds that same view as it relates to publishers. Traditional Christian publishing companies have so many employees and so much overhead that they have to sell at least 5,000 units of any book in order to break even. MLP has one staff member and has such a low overhead that it needs to sell only 250 units of any title to break even. (Jeff Gerke, MLP Website ) Jeff’s assertion is that a company like Random House, the parent company of one of his former employers, with about 6,000 employees or even the much smaller Christian publisher Thomas Nelson, with about 700 employees, can’t make a profit from a book that sells only a small number of copies. That's an interesting claim...