I mentioned in a previous post that I was planning on self publishing my upcoming Non-Fiction book Overcoming Anxiety, and I noted the changed landscape of the publishing industry. I promised to update and share the information I learned as I picked it up. Reader beware, at the speed of a flash, these things are changing so everything I say here will be outdated by the time I push the publish button on WordPress.
One most noticeable difference is that Discoverability is now the buzz word. There are millions of digital books flooding the market and the gatekeepers have changed. While previously you needed to send ARC’s to bookstores and newspapers, the gold standard was Publisher’s Weekly and New York Times. You also wanted your legacy publisher to buy you shelf space near the front of the store. Blogs were a nice niche place to get reviews, but they were often seen, with the exception of a few of the bigger ones, as rather frivolous and really nor important.
in 2013-2014 it became more necessary to get plenty of reviews, to get promoted on a site know as Bookbub (which reached over a million digital readers and could be targeted), and to write series, as they were the engines of online sales. For reasons I won’t go into now, even that changed and independent publishing got much harder. It no longer was a gold rush.
Bookbub‘s success (it now reaches over 2 million subscribers) meant that it had to get picky and expensive. You still made your money back and more if they “picked” your book but it was an expensive outlay for the struggling indie author. But getting picked meant, among other things, that you needed at least five substantial reviews, a certain length of book, and the most convincing book description, since you were often competing with 19 other authors for one opening (nowadays there is no specified number, but in a recent Q and A on Kindle boards Bookbub admitted that in a competitive area like contemporary romance, typically 100+ reviews were the norm
To make matters harder, how was a new independent author to get all those reviews? The multitude of authors with whom you are competing all turned to niche blogs to get reviewed, which worked for a while, but then all these bloggers were swamped with books to read after they came home from their day jobs. Soon getting five reviews in the first few weeks became hard, and when the goal posts moved again (Bookbub‘s success squeezed your success out) – there was no way to get 100 reviews, except by giving away free books in the tens of thousands. The free giveaway worked briefly for increased sales and definitely for more reviewers (including more negative ones) but Amazon changed the algorithms and the way affiliate referral were made, and so free books, while still a good idea with a series, became much less useful.
When I return to this topic I will talk about the trend to lend (especially on Amazon) instead of sell, and to other issues only briefly touched on here.