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The Steve Laube Agency

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Home » Book Business » Page 2

Book Business

The Anatomy of the Publishing Cycle

By Steve Laubeon November 25, 2024
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If you ask an editor or an agent, “What’s hot right now?” you are too late with the question. The nature of the publishing business is that what you see selling today are books that were conceived, written, published, and marketed over the past couple of years or more.

That is why we, on this side of the table, avoid making pronouncements on current trends. In some ways, the agent and the acquisitions editor are like the scout who is sent ahead by the main patrol or army to figure out the lay of the land so they can form a strategy for the future.

Publishing often follows a cycle that becomes the engine behind a trend. Some are concept or genre-specific, while others are more generic in nature. Let’s explore, in a simplified fashion, the anatomy of the publishing cycle.

Something Hits Big

Whether it is the “parable” business book (Who Moved My Cheese?), Edwardian settings (i.e., Downton Abbey), heavenly visitation stories (Heaven Is for Real), the Amish novel, Twilight, Jesus Calling, or dual-timeline fiction, a book or genre will hit big. It can be either fiction or nonfiction. No one can predict how this happens or when it will happen. If they could, they would manufacture the next big thing every week.

To the Races

When something does hit, the readers clamor for more; and the machinery of writers, editors, and agents are galvanized to see if they can capitalize on the phenomenon after determining if what is selling has staying power. And not everything has staying power.

Chick-lit is the perfect example. Twenty years ago, it was a “can’t-go-wrong” genre … until it wasn’t. The interest in that type of book died so quickly it caught a bunch of publishers holding contracts and forthcoming books by the dozens that were doomed.

Some writers are fortunate in that their interests and work is suddenly “hot,” even though they had been laboring without success writing that type of book for years. This can be a wonderful serendipity.

Eventually, chick-lit was resurrected; it was simply given a different name to avoid the negative market connection. See this article from 2021: “Chick-Lit Isn’t Dead and Why We Should Still Be Talking About It.”

The Inevitable Glut

Within a year or two, the machinery noted above has lumbered its way to producing massive amounts of books that follow those trends.

Think of the number of “vampire” books that came out after the success of Twilight. Or the number of Amish novels that came out after 2006–so much so that it was no longer a trend but created its own genre! Or the number of YA dystopian novels that followed the success of Hunger Games, Divergent, and Maze Runner.

The danger here is that editors can become fatigued by all the “me too” proposals. To the point that editors will cry, “No more of those novel proposals, please!” The irony is that the readership for that type of story may still be strong, but the publishers and booksellers are less enamored. Why?

The Winnowing Begins

Eventually, the fatigue becomes real; and whatever was hot is no longer hot. This means a new book of that type may sell half or less than what it would have if it had been released two years ago. It doesn’t mean the genre is dead, just that the threshold for a book to sell well is more difficult and the stories have to be much better written.

Writers who stop selling as well are not resigned by their publishers. Their modest sales numbers become part of their writing sales history, making a new publisher reluctant to try them out. This is an ugly reality. I wish I could be a cheerleader and make everyone feel good, but this is what happens. We who’ve been around a long time have watched it time and again. Some writers adapt and shift gears and can restart in a new or tangential genre. Others give up, fade away, or go indie and publish on their own. Each author’s situation is different, and it is one way a good agent can guide you.

The Cycle Begins Again

I still remember a time when no publisher wanted new historical novels. No, I’m not talking about last week. I’m talking about the Summer of 2004, right after I started this agency. I had a historical novel proposal by a bestselling author, and we shopped it around the industry. No one wanted it, with rejection after rejection filling the inbox. They all wanted contemporary chick-lit (see above). After seven months of effort, we finally sold the proposal. But that is not the “rest of the story.”

Ironically, a couple of years later, I was talking to an editor who said, “I’m really looking for a strong historical project by a top author,” and then named my client. I sputtered and said, “You could have had the author, but you turned the project down two and a half years ago!” We nervously laughed and talked about the inevitable cycle of publishing.

Chase the Rabbit or Stand Firm?

Trying to chase the trends as a writer is a bit like trying to catch a rabbit who doesn’t want to get caught. You might get lucky, but usually you’ll come up empty-handed.

Instead of chasing the rabbit, my encouragement is to stand firm in what you are called to write and to your strengths as a writer. That doesn’t mean there will be a magic moment when everyone lines up to buy your book. You may need the time to learn the craft or the industry. I know of one author who spent ten years going to writers conferences, learning the craft and the editors. One day, one of those editors moved to a new publisher; and in a meeting someone said, “We should be publishing this type of book.” The editor raised her hand and said, “I know someone who’s been writing that very thing and he’s not under contract.” The phone call was made and that author subsequently won two Christy Awards and published nearly twenty novels.

At the same time, there is a difference between standing firm and being stubborn. There are proposals I’ve seen that simply do not have the commercial “zing” that publishers are looking for. But the author doesn’t hear that and doubles down on the same manuscript, hoping that the market will change. Unfortunately, I can only render my opinion based on experience and an understanding of today’s marketplace. You must exercise wisdom and discernment to determine if your project should be set aside for another time or if it is truly something that will work someday.

 

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Category: Book Business, Branding, Career, Creativity, Indie, Marketing, TrendsTag: publishing, The Publishing Life, Trends

Teamwork Makes the Publishing Work

By Dan Balowon November 21, 2024
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One hundred years ago today, Christopher Tolkien was born to Edith and John Ronald Reuel (JRR) Tolkien. He was the third of four children and the youngest son. Christopher was deeply involved in his father’s work, editing it and drawing the maps used in the Lord of the Rings (LOTR) books. At one point, his dad invited him to join the famous writer’s group The Inklings. Here’s an interesting …

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Category: Book Business, Publishing History, The Writing Life

Judging a Book by Its Cover

By Steve Laubeon November 18, 2024
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We’ve heard the cliche “Don’t judge a book by its cover.” True. But you do “buy a book by its cover.” We all do. That colorful billboard attracts the eye, disseminates information, and sells the content. Even when the billboard is the size of a postage stamp on Amazon.com, BN.com, or iTunes, you make a judgment on the quality of the book based on its cover. It …

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Category: Art, Book Business, The Publishing LifeTag: Book Covers

Why Can’t I Find My New Book in My Local Bookstore?

By Steve Laubeon November 4, 2024
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Some might think this question is silly and antiquated since we know that 100% of all books are sold by Amazon and that no one buys physical books any more, and least of all in physical bookstores. Why? Because there aren’t any more bookstores! They have all closed. But wait. Even if a publisher attributes 50% of their total physical book sales to Amazon, we cannot ignore the other 50%! But …

Read moreWhy Can’t I Find My New Book in My Local Bookstore?
Category: Book Business, Book Sales, MarketingTag: Book Business, Book Sales, Bookstores

Things My Editor Does That I Take for Granted

By Steve Laubeon October 21, 2024
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“You write to communicate to the hearts and minds of others what’s burning inside you, and we edit to let the fire show through the smoke.” – Arthur Plotnik “No passion in the world is equal to the passion to alter someone else’s draft.” – H.G. Wells You editor is someone with a special skill set. One that is often described as being intrusive, overbearing, heavy-handed, and just …

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Category: Book Business, Editing

A Scrivener Flunky Weighs In – Guest Post

By Guest Bloggeron September 30, 2024
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A Guest Post by Deborah Raney Deborah Raney’s first novel, A Vow to Cherish, inspired the World Wide Pictures film of the same title and launched Deb’s writing career. Thirty years, forty-plus books, and numerous awards later, she’s still creating stories that touch hearts and lives. A RITA and ACFW Carol Award winner and three-time Christy Award finalist, Deb is represented by our agency.  She is …

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Category: Book Business, Guest Post, Technology, Writing CraftTag: Scrivener, Technology

Christian Books Are Not Special

By Dan Balowon September 12, 2024
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Two weeks ago, I outlined some thoughts on why Christian authors are special; but today, we will look at ways Christian books are not special at all. Since the mid-1990s when Internet commerce began eroding sales at Christian bookstores, the uniqueness of the Christian bookselling market has declined to the point where now, for the most part, Christian books play on the same field as every other …

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Category: Book Business, Publishing History

Publishing Success Can Be Fleeting

By Steve Laubeon July 29, 2024
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Can you name the USA national college football champion in 2019? Or name the winner of American Idol in 2022? What was the best-selling Christian novel in 2023? Or, even harder, name two of the top five top best-selling Christian nonfiction books of 2019, only five years ago. My point is that success is fleeting. On top today, forgotten tomorrow. But that depends on your definition of success, …

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Category: Book Business, CareerTag: Career, Success

Define Success

By Steve Laubeon July 15, 2024
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Success. It is a word that has a “sweet smell” for some and is the “gold ring” of achievement for others. But in order to appreciate success, we must first define it. And there is the rub. Each one of us defines success differently, especially writers. Here are some definitions I’ve heard or seen: Getting an agent My first book contract Selling 20,000 copies of my …

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Category: Book Business, Career, MoneyTag: Career, Money, Success

What Is One Thing You Wish You Had Known?

By Steve Laubeon July 8, 2024
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For years, Reg Forder, at his ACW writers conferences, liked to ask his faculty panel, “What is one thing you wish you had known before you became a writer?” Since I joined the publishing side of things after being a bookseller and later became a literary agent, I have given the question some thought. Coming from retail, the hardest thing to grasp was how long it takes to get from a …

Read moreWhat Is One Thing You Wish You Had Known?
Category: Book Business, CareerTag: Book Business, Career, publishing
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