The Business Side of Writing
You’ve published
your first book? Congratulations. You’re probably caught up in a whirl of
excitement. After all you’ve
accomplished what so many could never dream of doing. Not only did you write a full-length novel, you’ve
exposed yourself by putting your work out there. You may dream of making good money off it, or
you may have been cautioned not to expect a lot and it will take time for you
to build up a readership.
But through
all this, you still have a lot of work to do.
In some ways when you hit the publish button, your career has just
begun. Sadly with many authors they feel
readers should come to them. Well, good
luck. They feel that now their book is
out there, it’s done.
It’s up to
you as the author to find and hook the readers, or that’s all your book will
be--“out there”, the electronic file just sitting around in Amazon’s server
ready to be downloaded.
So how can
you go about getting your book noticed?
I’ll give you one tip that will set your thinking down the right path
for success.
Writing is a
business.
Sounds
simple, doesn’t it? Well, it should be
common sense, but again so many authors fail to fully realize this. They behave unprofessionally on social
networks drawing negative attention, and get this, not only to themselves but
their name. And as authors, what do we
have working in our favor? Our writing
style and our name. If we tarnish either
one of those, we can kiss the readers goodbye.
So let’s
analyze our writing career as a business.
How does it compare (not necessarily listed in order below)?
Fills a need
Before you
would proceed to open any business, you would first need to have an idea. It would either be for a product or service
that fills a need.
With
writing: Your book is sparked by an idea.
If it’s a how-to book, it may feel a
need. If it’s fiction, strive to be
unique. It’s been said every story has
been written, and while that is true to an extent, it doesn’t give you
permission to regurgitate a plot for the sake of trying to sell a book.
Market Research
Once you have
your business idea, you would want to conduct market research to see what else
is out there that is along the same lines.
Can you be competitive? Do you
have something unique to offer?
You would
want to familiarize yourself with the “guts” of your business. What will it take to make your business a
success?
And for
successful companies, market research doesn’t stop once the doors are
open. There is a constant need to stay
on top of latest technologies, competitor products, etc. You’d observe advertising venues the
competition is using and utilize them for yourself or branch out into a new
area.
With
writing: Your unique trademark is
you--your writing style and story-telling ability. You would want to be familiar with your
genre. Reading other novels in your
genre is terrific research and fun. Of
course, if you are writing police procedurals, like me for example, you would
also want to research your topic matter and make sure you understand
departmental and forensic details accurately.
Such research
wouldn’t stop once you were a published author.
While they might cease on a certain book (product), you’ll want to
ensure the topics in your next release are accurate. You’ll also want to observe your competition,
what’s working for them, what isn’t.
Learning Curve
Even the most
well planned businesses can experience a learning curve. The important thing is moving with it. Maybe the way a product was going to be
manufactured is no longer a viable option, or maybe there’s a more efficient
way of doing things.
With
writing: You might find one marketing
approach works and another doesn’t.
Techniques and results differ per author. You have to find out what works best for
you. Don’t get discouraged when there’s
a “curve”; be determined to make it through stronger than before.
One area
could be book formatting. You may learn
how to do more things as you go along. I
know I did. (Stay far away from using Word Macros.)
In-Demand Product or Service
Businesses
would want to offer a product or service that brings something of benefit to
people. If they fail to do so, they
won’t be in business for long.
It’s a fact
that with businesses that offer multiple product lines, some may be more
popular than others; it doesn’t necessary mean they should stop making a
certain product.
With
writing: Because our product is our
books which we toiled so hard over and in the process became emotionally
attached to, we can take any rejection of it personally. We have to try and separate ourselves so
we’re not discouraged or swayed negatively if / when a bad review or
discouragement comes along. We have to
view each of our books as product--just like a business. Within a business, some product lines are
more popular than others. We may find
that with a certain book we’ve published. That is okay in the sense that it is
not personal. It’s a tough one, but
thinking that way will liberate you.
You may also
experience toying with writing books in different genres. In the process you may find where you fit
best as an author. The market will tell
you.
Investment
When you
start up a company, it often involves money and time. For example, research doesn’t happen on its
own. Either you have to pay someone to
conduct it, or use your time to do so.
If the business is for product, there are numerous start-up fees, for
example, a warehouse, employees, etc.
With
writing: You invest hours into research
and writing the manuscript. When you’re
finished, you invest in an editor and a graphic designer. This takes a commitment. By making it this far, just congratulate
yourself because you’ve made it further than many others have.
Marketing
Most
successful businesses, no matter how amazing their product is relies on
marketing to feed it to consumers.
With
writing: Utilize social networking and
set up a support system. Unlike most
businesses who look at their competitors as the plague, authors can accomplish
so much when they work together. Add to
this, you can learn a lot and become better for it. There are also different places online to pay
for advertising.
Quality Service or Product
If a business
is to be successful, their product or service has to not only fill a need but
be reliable and of high enough standards to please their consumers.
With
writing: As we know at this point, our
books are our products. We would never
want to send any out without them being worked on tirelessly to the point of
near perfection (no one is perfect, not even the NYTBSs). Many first-time authors don’t have their work
professionally edited before release.
Ask other authors (research) and find one you can afford and who fits
your needs. Remember this is a business
and requires your commitment in time and money.
Be reachable
Successful
companies make it easy for customers and or consumers to contact them with feedback.
With
writing: An author would want to be
approachable and have a contact page that lists different avenues of reaching
them. This could be through email, a
website, blog, Twitter, and/or Facebook.
Great post. In my opinion, so many indie authors neglect the business side, but at the same time wonder why no one is buying their books. You have to market and know the business side to be successful. And I'm also amazed at some authors who are snarky to people...would you do this if it was your boss or co-worker? Doubtful. So why would you do this to your followers? Just my thoughts :)
ReplyDeleteThank you, Renee. It is so true isn't it? Some seem to think the readers will come to them.
DeleteYou bring up another good point, as well, respect for others in our field. Even businesses need to be respectful of their competition or risk the loss of sales.
Thanks for sharing, Carolyn. You certainly have given me much to think about; places where I can adjust my thinking or take something to another level. I've been doing this for a few years now with minimal success, but sometimes they just take time. Right? I have learned a few of these things the hard way already, so it's very good that you put it out there for the beginning writers to see and be able to plan accordingly.
ReplyDeleteHope the New Year is treating you and yours well.
-James
http://jamesgarciajr.blogspot.com/
Pleasure, James. Things definitely do take time, and take comfort in the fact I believe most self-published authors have learned at least some aspect the hard way. I know I have.
DeleteBest wishes in 2013 to you, as well, James.
This was an excellent post, Carolyn, and I needed to hear it! I have been neglecting the marketing side lately, and it's affected my sales. Imagine that :). Thank you for making so much sense!
ReplyDeleteThank you, Tracy. Glad you found it beneficial. I think it's important for all of us to reflect on these facts.
DeleteYou bring up neglecting the marketing aspect. That's another blog post all together--balancing marketing and finding time to write. Tricky! lol
OMG, what a thorough article, Carolyn!!! Makes me tired to read about what all I had to do...and what I still need to work on...after twelve years of writing novels. Yikes!
ReplyDeleteThanks for helping so many others out here, Carolyn. Love your books...and you! And thanks for voting for me in the Shortys. You are so loyal...
Hugs - Betty Dravis
Thank you, Betty. You are an inspiration to me. Keep writing and keep shining.
DeleteGreat advice. I have found that by working with others, we have found the most mutual success and have made a few friends along the way! Thanks for including this point.
ReplyDeleteChristina, exactly. Sadly too many authors view their fellow authors as stiff competition and it brings out their fangs.
DeleteCarolyn, great article!
ReplyDeleteNo one ever made money by writing a book, only buy selling it. No matter if selling it to a big publisher or selling it via self-publishing.
And this is a great time to be a self-publisher: Never before was it so easy and most important FREE to reach potential readers through forums such as Goodreads, Wattpad, Biblio and through the Social Communities. Instead of spending money for expensive ads, writers can generate their own following.
It is also easier than ever to combine all these social media sites and do one post, that is automatically transferred to all other sites. Don't work hard, work smart!
Your analogy, comparing average businesses with the writing business was a great idea!
Thank you, Doris. So true--on all counts.
DeleteGreat points! It can be challenging to flip the switch from writer to entrepreneur. Or so it seems to me, anyway. :D
ReplyDelete