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Helping to Change the World…Word by Word

The Steve Laube Agency

The Steve Laube Agency

Helping to Change the World Word by Word

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Home » Book Business » Page 10

Book Business

The Industry Changes but Seems Unchanged

By Steve Laubeon June 15, 2020
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I recently came across an article I had saved from 2004 predicting “Book Trends 2005” by Sally E. Stuart in an issue of Advanced Christian Writer newsletter. Reading through the article makes one realize how different things are but also how much they are still the same! Isn’t that a paradox?

To rattle your brain a little, when that article was published, Google was only six years old and had just become a publicly held corporation. (If you had bought 12 shares that day at $85 a share, the value of that investment today would be approximately $33,000.) Google at that time had only a 34% market share of all online searches. Yahoo was second with 32%. The others were MSN (16%), AOL (9%), Excite (4%), and Ask (2%).

So while one and a half decades have passed, it still feels a little like yesterday for many of us. Let me quote a few things from that article to illustrate the point. Remember, these predictions were before the Amazon Kindle hit the market and when self-publishing was still a difficult adventure.

One clarification first. The article wasn’t by Sally Stuart, she was the compiler. It was a collection of comments from many people in the industry. Thus I won’t cite any individual, merely quote their observation.

November/December 2004 – “Book Trends 2005”

“Shorter chapters and sentences, which apparently hold the reader’s attention better.”

“In the youth/children’s market there is a trend toward series books, media tie-ins, and electronic ‘toy’ books.”

“More crossover titles, less reliance on the CBA market due to weakening of independent booksellers.”

“Many subgrenres are flourishing. There is a demand for Christian chick lit/mom lit.”

“More electronic publishing.”

“It is becoming increasingly difficult for small, niche publishers to compete in the book market.”

“Too many worthless, trite, ugly books that promise well beyond what they deliver.”

“Christian poetry market is expanding.”

“I see more emphasis on traditions, devotions, and historical things and less interest in contemporary issues.”

“More novels in different genres.”

“The major Christian publishers are cutting back on the number of titles they publish each year.”

“An author is much more likely to be published if he or she can bring to the publisher significant resources that will help sell the book, such as frequent speaking engagements, close connections with a ministry organization, well-known people that author knows who could endorse the book, etc.”

Isn’t that fascinating?

Of course you can see a few that were wrong. Chick lit died a rapid and painful demise as a genre in both the general and Christian markets within a couple years. Poetry has never become a strong commercial genre for publication.

But a couple things were absolutely right, like “more electronic publishing.” And the last comment, which would be described today as platform.

No Predictions

This is one reason I try to avoid making predictions. Goodness, three months ago we could still go to church as a community.

However, we should note that things do change, albeit incrementally. A silly example, but it illustrates the point: If you gained 0.5 ounces a day in your body weight, you probably wouldn’t notice. But after 12 months, you’d find you are carrying 11 more pounds than before!

Incremental changes can be good; they can be bad. The point is that they may not be noticed during the changes themselves.

For example, while one genre may be “hot” today in nonfiction, it is unlikely to be the same in 24 months. Or that novel you are writing may be in what is described as a “dead category” today might be the “hot” one in 24 months. Thankfully, the publishing industry is not as immediate as most forms of social media.

So What?

I wondered if you might ask, “So what?” Good question. The point here is to stay within the framework of the gifts and opportunities God has given you. If you try to chase the market, you’ll never catch it.

Change is always in the air. Over the decades, I’ve seen watershed changes in our industry. But books are still being written. They are still being read. And there still isn’t a substitute for books.

The words you write today may not be read for quite some time. But they were written today for a reason. For example, author Phil Callaway’s newsletter last week had this little nugget, “Just before I spoke in December, a lady in her 20s came over to me and lifted her sleeve. Her wrist was criss-crossed by scars. Some of them fresh. ‘I wouldn’t be alive if it weren’t for the message God has given you,’ she said.”

Never forget the power of your words. No matter how the industry changes or how the industry stays the same. Words mean things.

 

 

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Category: Book Business, The Publishing Life, The Writing Life, Theology, Trends

Do You Have a Backup Plan?

By Steve Laubeon May 11, 2020
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by Steve Laube

The question is not if your hard drive will fail, it is a question of when. At least twice a year I have a client who has lost their hard drive to equipment failure. There was a recent story of an editor at Wired magazine who got hacked via a security hole in his Amazon and Apple accounts. He not only lost data, he lost all the digital pictures of his baby girl. He wrote the …

Read moreDo You Have a Backup Plan?
Category: Book Business, Book Business, TechnologyTag: Backup, Technology

Industry Update for Authors During the Pandemic

By Tamela Hancock Murrayon April 6, 2020
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[A variation of today’s post was sent to our clients last week, but by request I was asked to update it and make these thoughts available to everyone.] __________ I hope this note finds you well among this global scourge which has affected us and our loved ones. As you hunker in your bunker for awhile, you may have wondered about the state of the publishing industry. Editorial For now things …

Read moreIndustry Update for Authors During the Pandemic
Category: Book Business, Book Sales, Career, The Writing Life

Astounding Amazon Statistics

By Steve Laubeon February 3, 2020
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Last week Amazon released their quarterly and annual sales and profit report. If you want to read the entire press release, you can find it at this link: Amazon Press Release.  If printed out it would be about 25 pages of financials. My notes here are to highlight a few things and make some observations. The sheer size of the company is staggering. Sales in 2019 increased 20% (!) over the prior …

Read moreAstounding Amazon Statistics
Category: Book BusinessTag: Amazon

This Agent’s Look Back at 2019

By Bob Hostetleron January 8, 2020
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2019 was quite a year for me. I suppose it was a year for nearly everyone who made it from January 1 to December 31. In my case, however, it was a year of much change, stress, and some success. The bulk of the change (and stress) involved a long-planned move for me and my wife from our Ohio home of 24 years. We spent the first five-plus months of 2019 packing and preparing for the sale of our home …

Read moreThis Agent’s Look Back at 2019
Category: Book Business, Career, Personal, The Writing Life

A Year in Review: A Look at 2019

By Steve Laubeon January 6, 2020
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It’s that time of year to reflect on the past year, to learn from our experiences, and to count our blessings. Here are some thoughts on the last tumultuous twelve months. The Industry The publishing industry seems to survive the bad press that loves to find the negative in everything. Each publisher continues to pursue the best content possible. The market is ever-changing, and some really smart …

Read moreA Year in Review: A Look at 2019
Category: Agency, Agents, Awards, Book Business, Book Sales, Christian Publishing Show, Christian Writers Institute, Contests, Conventions, Economics, Encouragement, Marketing, The Publishing Life, The Writing Life, Trends

Are Libraries Still Relevant for Writers?

By Bob Hostetleron December 4, 2019
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I recently asked my editor and writer friends on Twitter and Facebook if public libraries are still relevant for writers (and by their reply to give me permission to quote them). Well, that opened a can of words (see what I did there?)—so many that I can’t use them all—but here are some of their responses: __________ Brooke Jones Keith said, “I research online but I take inspiration from …

Read moreAre Libraries Still Relevant for Writers?
Category: Book Business, ReadingTag: Libraries

Never Burn a Bridge!

By Steve Laubeon December 2, 2019
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The sale of Thomas Nelson to HarperCollins and last week's sale of Heartsong to Harlequin brought to mind a critical piece of advice:

Never Burn a Bridge!

Ours is a small industry and both editors and authors move around with regularity. If you are in a business relationship and let your frustration boil into anger and ignite into rage...and let that go at someone in the publishing company, …

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Category: Agency, Book Business, Book Business, Career, Communication, Rejection, The Publishing Life, The Writing Life, TheologyTag: Agents, Editors, Get Published, Rejection, Trends, Writing Craft

7 Reasons Why Christian Authors Need to Embrace Podcasting Now

By Steve Laubeon September 16, 2019
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Podcasting is here to stay. Here are seven reasons you should take it seriously as an author.  1. Podcasting Is a Tool of Bestselling Authors Here is a list of the 10 bestselling Christian authors for September 2019. (A Bible study of Lysa TerKeurst’s book is actually #9, so I edited the list to remove the repetition.)  Girl, Wash Your Face by Rachel Hollis   The 5 Love Languages by Gary Chapman …

Read more7 Reasons Why Christian Authors Need to Embrace Podcasting Now
Category: Audio, Book Business, Marketing, Platform, Podcast, The Writing Life

A Retail Renaissance?

By Steve Laubeon August 19, 2019
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I spent some time with a recent research report from the ILH Group called “Retail’s Renaissance – True Story of Store Openings/Closings.” In this study, they looked at the last three years of all segments of brick-and-mortar retail stores and discovered some facts that counter what we hear in the news. In the media, we only hear bad things about physical stores. Chains are closing, …

Read moreA Retail Renaissance?
Category: Book Business
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