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The Steve Laube Agency

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Home » publishing » Page 2

publishing

The Great Slot Mystery

By Dan Balowon May 26, 2015
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Every traditional publishing company has a personality or focus that defines them and their product. Usually that personality or focus is determined by past success. They also know how many books they can effectively publish during a year. Combining focus and capacity, you have the beginnings of a publishing strategy.

No publisher (or for that matter any company) will succeed for long unless they have a diversity of product to offer. Even companies selling lawn furniture offer a variety of sizes, features and price ranges. It simply makes good business sense.

Being one-dimensional at anything is not generally a good thing for companies. Diversifying acquisitions will allow a publisher to appeal to a wider range of customers and navigate the changing trends in consumer book-buying habits.

This applies to a publisher, not authors.

Authors are usually known for one type of writing. The publisher is the whole, the author is one of the parts. Writing too widely might show your creativity, but confuses agents, publishers and readers as to who you are. It muddies your brand. The same concept applies for indie authors, except you will only confuse readers.

Let’s see how all this might work in practice for a book publisher.

While it is an ever-evolving process, a publisher knows the general categories they want to publish. For the sake of this example, let’s say they can effectively publish 100 titles a year and they are good at ten general categories with a suggested title quantity for each: (FYI- there are over fifty official BISAC categories utilized in organizing publishing information across the industry – click the link to see them all.)

Biographies and Autobiographies (5 titles)

Cooking (5 titles)

Family & Relationships (10 titles)

Fiction – adult (20 titles)

Gardening (5 titles)

Juvenile Fiction (10 titles)

Music (5 titles)

Self-Help (15 titles)

Sports and Recreation (10 titles)

Travel (5 titles)

Misc. opportunities (10 titles)

While not a rigid process, this general overview is communicated to acquisitions people to serve as a guide for how much they need to acquire. Maintaining the diversity of books is why some publishers create “imprints” or companies within companies focusing only on one or two categories.

Various terms are used for this, but publishers commonly refer to these as “slots”. The editor of cooking titles has five “slots” to fill for a year and might see 200 proposals for those five slots and must determine which ones are best for them.

Since the publisher won’t get all 200 proposals at once, they hesitate at making a quick decision on most unless they know something definitely won’t work for them. Rejection travels fast.

The added element of competition with other publishers means that of the top ten books on cooking in a particular year, maybe an individual publisher can only acquire one or two of those titles at best.

Now, let’s say you have a great proposal for a cooking book and the publisher really likes it, but they have already acquired their target number of titles for the next year. They might have a “slot” open two years in the future. Even though you have a ready manuscript, the publisher still has a limit on the number of books they want to acquire for a particular category in a year.

Opportunities can be jumped on, but mostly publishers try to publish within a general plan and a key element of that plan is a finite number of titles.

Our hypothetical publisher doesn’t publish the best 100 books they can during the year. They publish the best 100 books that fit the company personality in a mix of the categories they are good at publishing.

So what?

It is simply another factor for an author (and agent) to consider in book publishing. A publisher might really like your book, and they need something like that to fill a slot two or three years from now. But they often don’t want to contract books that far out, in case something better comes along. Honestly, in the next year, they might find something they like better.

Some categories of products are very limited. Many publishers of Christian books will do only one or two devotional products in a year. Maybe one or two memoirs. Bible studies? Maybe one every other year.

While attending a recent meeting of writers, a humorous group discussion began using a social “dating” metaphor (in its worst form) to explain how publishing really works.

“Let’s be friends until I find someone better to date.”

“I don’t want to make any long-term commitments.”

“We should be seeing different people.”

“This just isn’t working for me.”

“It’s not you, it’s me,”

Believe it or not, there is a lot of truth to these statements explaining why a proposal is declined. (No wonder it has been suggested to kiss dating goodbye.)Anyway that’s generally how it works.

There is a fine line between being discouraging and being a realist. Knowing how things work in the real world should lower your blood pressure. I am sorry if that wasn’t the case today.

It was me, not you. No, really.

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Category: Book Business, The Publishing LifeTag: Categories, publishing, The Publishing Life

Time Travel?

By Dan Balowon April 28, 2015
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Most people find it astounding how long it takes for things to happen in traditional publishing. Even after spending months or even years writing, an author waits for weeks or months to hear from an agent, who if they agree to work together, wait weeks and months for publishers to make a decision and then finally a book is scheduled to be published a year or more in the future.  Sometimes two …

Read moreTime Travel?
Category: Book Proposals, Career, Get Published, The Publishing LifeTag: publishing, The Publishing Life, Time

How Publishers Make Decisions

By Dan Balowon September 23, 2014
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We all agree that book publishing is changing fast. New technology, new formats and new ways to sell books have changed everything.  Well, almost everything. One thing has not changed…the fundamental way decisions are made as to what new authors an agent represents and publishers publish. It has always been and remains people making quick, subjective decisions (aka QSD). A number of years ago I …

Read moreHow Publishers Make Decisions
Category: Book Business, Book Proposals, Career, The Publishing LifeTag: Book Business, publishing, The Publishing Life

8 Things Authors Should No Longer Ask Their Publisher

By Dan Balowon August 12, 2014
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Publishing is changing faster than ever before.  Book publishers have been wrenching to find new business models that make them more flexible, efficient and adaptable to the realities of the digital publishing age. Within this fast-change world, another group who has felt the pain of shifting tectonic plates are authors who have been around publishing for ten or more years.  Some issues that used …

Read more8 Things Authors Should No Longer Ask Their Publisher
Category: Book Business, CareerTag: Book Business, Career, publishing

A Brave Heart

By Dan Balowon June 24, 2014
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The 2014 Christy Awards were held last night in Atlanta, Georgia. Check the Christy Award’s website for the winners and other information. Three years ago in 2011, when the International Christian Retail Show was last held in Atlanta, the keynote speaker for the Christy Awards was Randall Wallace, who had a novel about to release from Tyndale House. Mr. Wallace is known for his writing and work in …

Read moreA Brave Heart
Category: Awards, Book Business, Creativity, Dan, ICRS, The Publishing LifeTag: Book Business, Christy Awards, publishing, The Publishing Life

A Matter of Experience

By Tamela Hancock Murrayon June 19, 2014
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Sometimes I’ll have one of those days where I’m minding my own business, when I pick up the phone to discover the author on the other end of the line is irate. (No, this is not a rerun of an article from the 20th century. I do still have a land line for my office). “Ohhh, Tamela! I know that Hell is indeed located on Earth and where is it? It’s at my publisher’s …

Read moreA Matter of Experience
Category: Book Business, Career, Communication, Tamela, The Publishing LifeTag: Book Business, Career, publishing, The Publishing Life

Actually, The World is Pretty Big

By Dan Balowon May 27, 2014
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At one time or another, every one of us have remarked how small the world is, usually caused by meeting someone by chance and finding out that you both know a certain person, or went to school with the person, are both reading the same books, are fans of the same team, etc. But you might be surprised how a “small” view of the world can alter your entire perspective. I am not referring to a …

Read moreActually, The World is Pretty Big
Category: Book Business, Branding, Dan, Get Published, Marketing, Platform, The Publishing Life, Trends, Writing CraftTag: publishing, The Publishing Life

Stories in Hiding Places

By Dan Balowon April 15, 2014
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Since I blog on Tuesdays and the next April 15 to fall on a Tuesday is not for another eleven years, I felt like I couldn’t pass up this opportunity. Corrie ten Boom was born on this date in 1892 and died on this date in 1983.  If Evangelicals were in the habit of naming saints, she would be among them. For those unaware of this great Christian woman, she and her family helped many Jews escape the …

Read moreStories in Hiding Places
Category: Book Review, Christian, Dan, Faith, Personal, Writing CraftTag: Book Review, Faith, publishing, Reading

What About Medium Stuff?

By Dan Balowon April 8, 2014
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Today I stand in support of medium stuff. There is no argument that big important things deserve our undivided attention. There seems to be some disagreement over small stuff…do we sweat it or not? According to the Stan Jantz and Bruce Bickel’s book, God is in the Small Stuff, we probably need to be paying close attention to those things. I am concerned with those things in the middle…the medium …

Read moreWhat About Medium Stuff?
Category: Book Business, Career, Dan, The Publishing LifeTag: Book Business, publishing, The Publishing Life

How to Be A Publisher’s Favorite Author

By Dan Balowon March 11, 2014
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Three years ago, Seth Godin published his book Linchpin.  Since I follow Seth’s books and blog as a personal and professional challenge, I read it and was inspired by it’s concepts. In it, Godin speaks about some of the new realities in business relationships.  There used to be management and those who were managed.  But now, he says, there is a third group…linchpins.  These are people who make …

Read moreHow to Be A Publisher’s Favorite Author
Category: Book Business, Branding, Career, Dan, PlatformTag: Authors, Career, publishing
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