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The Steve Laube Agency

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 » Marketing » Page 12

Marketing

Test Marketing Books

By Dan Balowon May 23, 2017
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In the traditional book-publishing world, insiders often refer to the initial release of a book from a new author as a marketing test…more R&D than launching and promoting a known product.

The self-publishing process can function in a similar role of market testing for a first time author. You won’t know for certain how it will be received, but it is worth the effort to try. Most authors desire the chance to prove themselves and self-publishing is a good way to do it.

I’ve recommended to any number of authors they self-publish a book because at the moment I didn’t see a ready market for it among traditional publishers. Also, if an author needs a book to sell at their speaking engagements to build their author platform, waiting 18-24 months for a release from a formal publisher is often not in their best interest.

But I also know what I suggest is that the author test-market their writing and marketing platform to see if it meets expectations. A self-published book, which doesn’t sell particularly well for the author might make it hard for them to attract the traditional publisher because they now have sales history that can be tracked. For some it might mean the end of their aspirations to be traditionally published.  But mainly, it means they should go back to work, make adjustments and try again. How much work, how many adjustments and how long they continue to try is up to them.

Every human endeavor, from a young man asking a young lady for a date to making toast in the morning, involves the same three steps:

Do something

Adjust

Try Again

A book puts the writer “out there” for all to see and invites readers to vote with their money on whether they like what they read.

“Doing something” is step one of the market test.

Every week, I receive several proposals from authors who say in effect, “I tried self-publishing and it didn’t work well, so I want to pursue the traditional route.”

What I hear is, “The test marketing for this product didn’t go well, but I still think a company should invest money in it.”

It’s a rather simple decision regarding agency representation. Sorry.

If you decide to self-publish initially with the desire to eventually get an agent for traditional publishing, your self-publishing efforts need to show growth and good revenue streams over a long period of time in order to get the attention of anyone.  There are no magic numbers to aim for, but unless your sales are in the multiple thousands of revenue generating units, agents and publishers probably won’t be interested.

And, their interest would be in your next book, not the one currently available and being market tested.  (Unless your book is selling thousands per week, at which time everyone involved in traditional publishing will be your friend)

Traditional publishers would rather take a risk on a new author who has no proven track record of sales than the author who “tested” poorly in self-publishing.

So, even self-publishing is risky. It puts you in front of a crowd who will pass judgment on whether your work is worthy to be purchased. No one enjoys failure to perform as expected, not to mention the risk of poor reader-reviews.

Low sales for a self-published book means you need to try again, write a new book, or change the title, pricing, online product description, marketing, or whatever else you think for the book, which didn’t test well. But if you can’t get some momentum built no matter what you do, it is your decision how long you should persevere.

Figuratively speaking, every book has a “here I am world, what do you think?” sign attached to it. Authors need to be open to adjust to whatever the test data is trying to tell them.

 

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Category: Book Business, Indie, Marketing, Self-Publishing, The Publishing LifeTag: Indie, Marketing, Self-Publishing, The Publishing Life

Pushing and Pulling Your Book

By Dan Balowon April 18, 2017
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The marketing and promotion of books differs somewhat from other forms of product marketing, but not as much as you might think. Basic marketing principles, which work for toothpaste and automobiles, also work for books. The greatest changes in publishing over the last 10-20 years have been brought on by the Internet, which unlocked a previously difficult and expensive connection directly to …

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Category: Book Business, MarketingTag: Book Business, Marketing, Platform

How Do I Grow My Market?

By Steve Laubeon April 17, 2017
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I work with a ministry that self-publishes its own books. These are posted on our website, displayed at ministry-related conferences, and mentioned to donors via print and email. How can we expand our market? It depends. (For those of you following this blog regularly, I hope that made you smile.) It depends on a number of factors. In this case the question is more specific to non-fiction authors, …

Read moreHow Do I Grow My Market?
Category: Branding, MarketingTag: Branding, Marketing

The Non-Partisan Author

By Dan Balowon April 4, 2017
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The political environment has been toxic for author branding since the Internet debuted over 20 years ago, but has gotten significantly worse and more dangerous as social media grows in the last decade. When expressing opinions became as easy as a mouse-click “like,” authors entered a danger-zone. Unless your author brand includes political commentary, or a focused societal issue, it is probably …

Read moreThe Non-Partisan Author
Category: Branding, Career, Marketing, Social MediaTag: Politics, Social Media

Life Hands You A Platform

By Dan Balowon March 28, 2017
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Every writer’s conference or gathering includes at least one presentation about developing or maintaining an author-marketing platform. Social Media, public speaking, blogging, newsletters…everything working together to establish and support your personalized and unique author “brand.” This agency and other publishing blogs address various elements of the issue on a regular basis. If you are …

Read moreLife Hands You A Platform
Category: Branding, Career, Marketing, PlatformTag: Branding, Marketing, Platform

Writing the Deeper Story

By Dan Balowon March 21, 2017
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I realize this will probably date me, but I sincerely enjoyed a popular radio feature by Paul Harvey called, “The Rest of the Story.” I assume some reading this post today also remember it. For generations, the venerable radio commentator, who passed away in 2009 at the age of 90, told a little known story about a well-known person or event, only revealing the subject of the story at the end of …

Read moreWriting the Deeper Story
Category: Craft, Creativity, Encouragement, Inspiration, Marketing, TheologyTag: Inspiration, Writing Craft

Author Platforms Can Destroy Your Life (aka Making Money from Friends)

By Dan Balowon March 7, 2017
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American society contains a very interesting subculture built around using your friends and relatives to make money, either as a primary or secondary source of income. I must admit it bothers me when an individual will view those around them mainly as a revenue source instead of relationships to experience and serve. It is also interesting that a number of the most successful multi-level marketing …

Read moreAuthor Platforms Can Destroy Your Life (aka Making Money from Friends)
Category: Book Business, Branding, Marketing, Platform, Self-Publishing, Social Media, The Writing LifeTag: Book Business, Marketing, Platform

Bland on Facebook?

By Tamela Hancock Murrayon March 2, 2017
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Recently I posted a photo of roses my husband had given me. One of my daughters said, “Mommy, you know you’re desperate to be noncontroversial when you post a picture of roses.” She has also observed that part of my workday is posting “noncontroversial” updates on Facebook. Guilty as charged. But why? Why not be exciting on Facebook? Here’s why: I try to represent my faith with my words. I’m far …

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Category: Career, Marketing, Social Media, The Writing LifeTag: Facebook, Social Media, The Writing Life

Is Your Writing Controlled by Fate?

By Dan Balowon February 21, 2017
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I was going to title this blog post something along the lines of “Calvinist vs. Arminian Authors,” or “Predestination vs. Free Will in Publishing,” but these titles inferred an entirely different angle than I intended. Every author believes their book, if published and promoted enough has the potential to sell well. No author writes a book feeling deeply it will sell 349 copies. Someone messed up …

Read moreIs Your Writing Controlled by Fate?
Category: Book Business, Book Proposals, MarketingTag: Book Business, book proposals

How Self-Publishing Has Changed Authors

By Dan Balowon January 24, 2017
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As a literary agent, not a day goes by when I don’t encounter the changes in thinking from authors caused by the expansion and availability of self-publishing. It’s understandable, because there are over twice as many books self-published every year in the United States than are published by traditional publishers. Traditional and self-publishing generate over one million new books every …

Read moreHow Self-Publishing Has Changed Authors
Category: Agents, Book Business, Book Proposals, Book Sales, Career, Economics, Get Published, Marketing, Self-Publishing, The Publishing LifeTag: Book Business, Self-Publishing, Traditional Publishing
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