An email list changes everything.

If you never ask, the answer is always the same.

This post is about the importance of email and the one thing you can do to start building (or enhancing) your list.

First a story.

During a recent exploratory call with a potential client, when asked about their email list, they said, "Yes, I have one." Game changer. Suddenly the entire conversation shifted because this author had taken the most important element of platform building and was doing it.

Having an email list signals to us as literary agents that you take your platform building seriously. You are investing in your career as a writer and author.

“Email > Social Media”

Too often in conversations about platforms, writers focus on followers on a variety of platforms. Mark Cuban said it best when he described why this is a problem: “You wouldn’t build your home on rented property, so don’t build your platform on social media.” Email is the foundation you...

A book proposal changes how you are viewed. 

On a recent one-on-one coaching call, an aspiring author spent 25 minutes unpacking his book idea. The book idea was smart and entertaining - it had publishing potential...if the author could have 25 minutes to unpack it with each publishing stakeholder. It’s highly unlikely you’ll get that kind of face-time with a literary agent or editor, and even if you did, having a succinct, accessible idea is crucial.  

The reality of today’s attention span demands a book proposal. You have to be able to share your book idea in such a way that it creates the same kind of excitement as if you were having coffee or lunch with an editor. 

What this writer needed was a book proposal. 

A book proposal is the difference between being a professional and showing up looking like an amateur. Amateurs are dependent on earning time with someone, captivating their already divided attention. What the...

Back on the Auction Block

One of the lone bright spots in the publishing industry, league-leading Simon & Schuster posted another banner quarter.  Q1 2023 saw sales increase 19% and operating income jump 18%. Regular readers of the Update will remember that these results are being compared to a “gravity-defying” 2022.  But, all the S&S success isn’t fazing corporate parent Paramount Global.  Paramount still insists that they want to off-load this “non-video” cash cow.  

If anyone is looking to invest a couple of billion dollars, seems like a solid opportunity to us.

Meanwhile, Penguin Random House—the former suitor whose advances were rebuffed by the Justice Department—was saved by the (former) prince. Over 4 million copies of Harry Windsor’s “SPARE” were credited for German parent Bertelsmann’s Q1 2023 sales increase of 5.6%.

One last item in the...

What’s the deal with book proposals?


You can’t apply for a job without a resume, nor can you find a publishing partner without a proposal. That’s why book proposals are so important: They are a resume for your book idea.

A proposal is like a job resume for your book. Literary agents and publishers review them to gauge their interest in working with you. Just like a resume, it needs to have professional elements to help garner more interest. You wouldn’t show up to a job interview in cargo shorts and your favorite team’s t-shirt, would you? Remember that old adage, “Dress for the job you want, not the one you have?” If you want your book idea to be taken seriously, you have to make sure it looks the part for the role.

That’s why book proposals are so important.

Book proposals are essential. They are the key to advancing your publishing career. Without them, the chances of finding an agent or a publisher go down drastically....

Are they of any value or should they go?

Not too long ago, the Wall Street Journal did a piece on pre-publication blurbs. In it, they asked: Are they of any value or mere relics that deserve to go? It’s an interesting debate, one worth considering for every author, but for today’s post, we’re going to be pro-blurbs.

You’ve seen them on the covers of books, declaring a book “Brilliant,” “Classic,” and the frequent, “A must-read.” They are almost as common as the other elements on the cover – title, author’s name…and blurb. What was once considered a highly valued marketing tactic, a blurb can still be a very effective tool for garnering a reader’s attention, in our opinion.

On a recent call with a client, they asked, who should I ask for an endorsement? In publishing, the words “blurb” and “endorsement” are used synonymously. An endorsement can be about the person or the...

Do you have an outline?

If you were going hiking and you asked us, “What’s the one thing I have to have that most people forget?” We would say, “Water.” Of course! You have to have water. But have you ever left on a journey, maybe a vacation or even a hike, and forgot to pack something essential? Maybe it was water. You wouldn’t be the first person to leave a water bottle in the car.

Often on the writing journey, writers leave something essential behind too: an outline.

An outline is an essential part of your writing journey, like water is an essential part of any hike.

You might be surprised that a lot of writers when asked if they have an outline, respond that they don’t. “I know where I’m going,” or the classic response, “I have an idea.”

An idea of where you want to go with your book is great. That’s a start. An outline is like a map of your book. It’ll help you get where you want to go faster.

...

Publishers Begin to Report Full-Year Results 

As the various regulatory filings trickle into the folks at the SEC and beyond, we start to get a more in-depth picture of the health of the industry.  Unit sales are the closest measure we have to any “real-time” data in this industry, but eventually, profits are what keep the presses running—and BookScan reports can’t help us there.

Case in point, the 800-lb. Penguin (Random House) saw sales rise 4.8% in 2022 over 2021.  But that pesky inflation, and some exchange rate shenanigans, left PRH parent Bertelsmann with only bad news for their shareholders, as earnings dropped 11.8%.  The company didn’t blame the massive legal bills or the hefty $200 million kill fee from the failed Simon & Schuster deal, but those couldn’t have helped. 

Deal Reports in Decline

Another less scientific, but leading indicator is the number of publishing deals signed in a given period – and...

Have you ever pre-ordered a book?

It’s okay if you haven’t. Most consumers don’t pre-order books. Very few take advantage of the opportunity, even though retailers like Amazon offer the lowest guaranteed price: “Amazon.com's price for not-yet-released items sometimes changes between the time the item is listed for sale and the time it is released and shipped. Whenever you pre-order an item eligible for Pre-order Price Guarantee, the price we charge when we ship it to you will be the lowest price offered by Amazon.com between the time you place your order and the end of the day of the release date.” That’s a pretty great guarantee!!! Unless you are a super fan of books like Harry Potter, you probably weren’t aware of that hidden pre-order perk.

As literary agents and book enthusiasts, we preach the benefits of pre-ordering all the time. You save money and get a book you were already going to buy the day it releases. That’s a win-win!

...

The media listens to press releases.

Creating a press release is easy if you know these 7 key parts that will help you garner media attention for your book. The best thing about these tips is that they build on each other, so if you walk through each step, you’ll have a strong press release when you are done. Let’s jump in on tip #1.

Tip #1 - Know Your Audience

The fastest way to get ignored by the media is to not know who your press release is aimed at. Knowing your audience means you’re paying attention to their felt need. Who is going to want to read this book? What about this book’s topic will appeal to them?

Here’s where you’ll feel the tug that makes you want to say, “But my book is for everyone.” While there might be some truth to that, a press release needs to be tailored to a specific audience. Your best chances for success will come with having a well-defined audience in mind when crafting your press release.

Tip #2 -...

How do I request endorsements for my book?

If you want people to say nice things about your book but you don’t know how to ask them to do it, this message is for you. Making an endorsement request is a sensitive, delicate ask. You don’t want to say the wrong thing. What if it’s not about what you say but how you say it?  

A great endorsement is one step closer to getting a potential reader to buy your book.

One of the best compliments your book can get is a great endorsement. Whether it’s on the cover of your book, collected in the interior, or used for marketing, those words give a huge boost of credibility to the author and give the content credibility with the reader.  

Recently a client of ours asked about best practices for requesting endorsements. He had a HUGE list of asks and was trying to figure out how to manage it all. It was super complicated. The quickest way to get someone NOT to endorse your book is to make it...