Dear Alvina,I think Twelve worked, in part, because it is a new idea and consequently received press coverage. That strikes me as the tricky part of marketing. It is oftentimes most successful if it has never been done before.Did you see the article titled "Book Lovers Ask, What's Seattle's Secret?"in yesterday's NYTimes? You can access it from their website. The article was actually more about how books are being sold today, rather than books in Seattle. Seems sales are shifting to different outlets and larger outlets. More Costco, Amazon, Starbucks etc. "More people are bypassing bookstores and buying at mass-market merchants, online retailers and specialty stores, says Albert N. Greco, a marketing professor at Fordham University’s Graduate School of Business Administration." I wonder how this shift is going to affect marketing. Are you aware of any marketing shifts in your company to respond to these trends?Sincerely,Katherine
I wonder how the publishing landscape would change if more publishers adopted their plan.Well first thing would be the pubs would have to leave their massive Manhatten buildings and relocate in small town USA. Then they would have to learn to operate with one Editor, one AD, one Marketing person and one legal/contract person.I just don't see the publishers loving this somehow:)While it would put to an end the massive and controlling book store chains (not enough books to fill their thousands of sq feet of floor space) it would have the Indies cheering in the streets. On the author/illustrator side, it would be dismal. With so few books to make a living from, it would seem the publishers would lean toward commercially successful books alone, leaving no room for taking chances on something very good, well written yet perhaps a risk and not going to appeal to the masses.Looking at 12's titles, they appear to mostly be non fiction, with a lot of potential for movie and television production... but that is only a first glimps feeling I get.
I would rather publish fewer books a year/years and have those fewer receive more attention than publish all the books I want and have them receive no attention. It's true, lots of people get to realize their dreams, but I don't think it takes long for reality to set in.
hmm, I'd have to say I wouldn't be willing to have less books. I think, as Alvina and the commentors said before me, that publishers would just end up printed the "safe" books or only the ones with perceived marketing value. Those quiet books that I love so much would probably be the first slashed, quickly followed by the niche market multicultural books. And I would be out of a job. Okay, I admit to selfish motivation... -grace, who is now going back to her work on her small market novel
There's a huge difference between publishing only 12 books a year and publishing, say, 100 new titles per year. I do agree that the reading public (and authors and illustrators) would suffer if every publisher switched to the Twelve model, but I also think it's a false choice to say that's the only alternative. If publishers cut back their frontlist by even 10%, I wonder if it wouldn't help everyone by easing what is definitely a glutted marketplace. Then again, I work for a nonprofit press that only puts out 4 new hardcovers a year, so...
>If publishers cut back their frontlist by even 10%, I wonder if it wouldn't help everyone by easing what is definitely a glutted marketplace.<I agree, unfortunately my fear would be that cutting back the number of books, even by only 10%, would result in a publishers knee-jerk reaction to ALSO cutting back on staffing by that very same percentage. I don't know if they would give the idea time to see if it resulted in larger profits. The cut backs could put everyone back to square one, too few people to give all of their books the attention they would wish to give them. Publishers already have to think of tie ins, potential series and licensing. I think suggesting they reduce their new releases will result in even more of the same, with more manuscripts read with this criteria in mind.Not saying any author wouldn't want these things for their book, just saying many good books out there do not lend themselves to more then... just a good book. Would they be passed over?Just finished listening to the radio podcast. Not a lot new but one thing I did not know before, about the NYT book reviews and how, before the Children's review was set up seperately, Adult authors were screaming mad that the odd Children's Author would make the Best Sellers List. I had no idea some of the adult authors contracts would include bonus clauses for getting on the NYT list!:) Do some Children's book contracts have this same clause I wonder?
Katherine--thanks for the referral to that article, interesting stuff. I know that in some rare cases we've tried to follow some of the formatting and pricing guidelines for Target (they prefer vertical trim sizes so they can display more copies, and have a lower ideal price point than book stores), but overall, not much has changed except we try to get our books into those markets!Dana--I think that's a good compromise, and in a way, I think some publishers HAVE decided to do this already (we slightly reduced the number of titles we publish each year about 4 years ago), but I don't know if it's made much of a difference. Then again, our company has been doing really really well, so maybe it HAS made a difference. I had forgotten about that...Christine--yes, occasionally children's book contracts have similar best-seller bonus clauses, just as we occasionally have bonus clauses for Newbery, Caldecott, and other such awards. Generally, though, we try for net sales bonuses as opposed to best seller list bonuses, because it's kind of a mystery what really determines how books land on bestseller lists. Anyway, these bonus clauses have become more common as more adult agents have come to represent children's books, too.
Thanks for that info Alvina! I loved where the person speaking about this (I have forgotten the woman's name) mentioned that the "Adult" authors where NOT happy when a "Children's" author would make it on the list and cut them out of their bonuses, haha, I could just imagine some of them, bested by an author who writes for, for.... CHILDREN!!!!!:) Pretty cool actually!
Alvina, I'm curious -- did the decision to cut back on new titles come from discussions around this issue of there being too much product in the marketplace? Was it accompanied by staff cutbacks (I'm thinking of Christine's comment above -- I hadn't thought of that as a possible consequence of reducing the number of frontlist titles)?
Hard to say, but it did come at a time when my company had a hiring freeze and a few layoffs--not in my department, luckily (we did have one editor leave to go to grad school, and we chose not to replace him).I think it's all about profit, what balance of titles to employees makes the most financial sense. I think there will also always be small niche publishers who will make sure that diverse topics get covered, but again, they might not get the attention they deserve.
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Dear Alvina,
I think Twelve worked, in part, because it is a new idea and consequently received press coverage. That strikes me as the tricky part of marketing. It is oftentimes most successful if it has never been done before.
Did you see the article titled "Book Lovers Ask, What's Seattle's Secret?"in yesterday's NYTimes? You can access it from their website. The article was actually more about how books are being sold today, rather than books in Seattle. Seems sales are shifting to different outlets and larger outlets. More Costco, Amazon, Starbucks etc. "More people are bypassing bookstores and buying at mass-market merchants, online retailers and specialty stores, says Albert N. Greco, a marketing professor at Fordham University’s Graduate School of Business Administration."
I wonder how this shift is going to affect marketing. Are you aware of any marketing shifts in your company to respond to these trends?
Sincerely,
Katherine
I wonder how the publishing landscape would change if more publishers adopted their plan.
Well first thing would be the pubs would have to leave their massive Manhatten buildings and relocate in small town USA. Then they would have to learn to operate with one Editor, one AD, one Marketing person and one legal/contract person.
I just don't see the publishers loving this somehow:)
While it would put to an end the massive and controlling book store chains (not enough books to fill their thousands of sq feet of floor space) it would have the Indies cheering in the streets.
On the author/illustrator side, it would be dismal. With so few books to make a living from, it would seem the publishers would lean toward commercially successful books alone, leaving no room for taking chances on something very good, well written yet perhaps a risk and not going to appeal to the masses.
Looking at 12's titles, they appear to mostly be non fiction, with a lot of potential for movie and television production... but that is only a first glimps feeling I get.
I would rather publish fewer books a year/years and have those fewer receive more attention than publish all the books I want and have them receive no attention. It's true, lots of people get to realize their dreams, but I don't think it takes long for reality to set in.
hmm, I'd have to say I wouldn't be willing to have less books. I think, as Alvina and the commentors said before me, that publishers would just end up printed the "safe" books or only the ones with perceived marketing value. Those quiet books that I love so much would probably be the first slashed, quickly followed by the niche market multicultural books. And I would be out of a job. Okay, I admit to selfish motivation...
-grace, who is now going back to her work on her small market novel
There's a huge difference between publishing only 12 books a year and publishing, say, 100 new titles per year. I do agree that the reading public (and authors and illustrators) would suffer if every publisher switched to the Twelve model, but I also think it's a false choice to say that's the only alternative. If publishers cut back their frontlist by even 10%, I wonder if it wouldn't help everyone by easing what is definitely a glutted marketplace.
Then again, I work for a nonprofit press that only puts out 4 new hardcovers a year, so...
>If publishers cut back their frontlist by even 10%, I wonder if it wouldn't help everyone by easing what is definitely a glutted marketplace.<
I agree, unfortunately my fear would be that cutting back the number of books, even by only 10%, would result in a publishers knee-jerk reaction to ALSO cutting back on staffing by that very same percentage. I don't know if they would give the idea time to see if it resulted in larger profits. The cut backs could put everyone back to square one, too few people to give all of their books the attention they would wish to give them.
Publishers already have to think of tie ins, potential series and licensing. I think suggesting they reduce their new releases will result in even more of the same, with more manuscripts read with this criteria in mind.
Not saying any author wouldn't want these things for their book, just saying many good books out there do not lend themselves to more then... just a good book. Would they be passed over?
Just finished listening to the radio podcast. Not a lot new but one thing I did not know before, about the NYT book reviews and how, before the Children's review was set up seperately, Adult authors were screaming mad that the odd Children's Author would make the Best Sellers List. I had no idea some of the adult authors contracts would include bonus clauses for getting on the NYT list!:) Do some Children's book contracts have this same clause I wonder?
Katherine--thanks for the referral to that article, interesting stuff. I know that in some rare cases we've tried to follow some of the formatting and pricing guidelines for Target (they prefer vertical trim sizes so they can display more copies, and have a lower ideal price point than book stores), but overall, not much has changed except we try to get our books into those markets!
Dana--I think that's a good compromise, and in a way, I think some publishers HAVE decided to do this already (we slightly reduced the number of titles we publish each year about 4 years ago), but I don't know if it's made much of a difference. Then again, our company has been doing really really well, so maybe it HAS made a difference. I had forgotten about that...
Christine--yes, occasionally children's book contracts have similar best-seller bonus clauses, just as we occasionally have bonus clauses for Newbery, Caldecott, and other such awards. Generally, though, we try for net sales bonuses as opposed to best seller list bonuses, because it's kind of a mystery what really determines how books land on bestseller lists. Anyway, these bonus clauses have become more common as more adult agents have come to represent children's books, too.
Thanks for that info Alvina! I loved where the person speaking about this (I have forgotten the woman's name) mentioned that the "Adult" authors where NOT happy when a "Children's" author would make it on the list and cut them out of their bonuses, haha, I could just imagine some of them, bested by an author who writes for, for.... CHILDREN!!!!!:) Pretty cool actually!
Alvina, I'm curious -- did the decision to cut back on new titles come from discussions around this issue of there being too much product in the marketplace? Was it accompanied by staff cutbacks (I'm thinking of Christine's comment above -- I hadn't thought of that as a possible consequence of reducing the number of frontlist titles)?
Hard to say, but it did come at a time when my company had a hiring freeze and a few layoffs--not in my department, luckily (we did have one editor leave to go to grad school, and we chose not to replace him).
I think it's all about profit, what balance of titles to employees makes the most financial sense.
I think there will also always be small niche publishers who will make sure that diverse topics get covered, but again, they might not get the attention they deserve.
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