Recently, I
read a front page article in our local daily paper, regarding a local author
who had considerable success with a series of Romance books. It was called “Beaumont writer pens steamy
bestseller (Edmonton Journal, Sept 25, 2014). There were a
number of aspects to the story that I found interesting, not the least of which
was that it was printed at all.
http://www.edmontonjournal.com/Beaumont+writer+pens+sizzling+bestseller/10232933/story.htmlThe writer in question (pen name K.C. Lynn) has sold over 100,000 copies of her “Temptation” series since it came out in January of this year (three books, book one selling 60,000 copies since January, book two selling 45,000 copies since May and Book three selling over 6,000 copies in the first few days). They sound like fairly standard Romance content –
·
bad
boy meets sweet girl in high school,
·
they
date, break up,
·
he
joins military, serves in Iraq,
·
she
serves in Iraq with a religious charity,
·
she
is kidnapped by bad guys,
·
he
has to rescue her,
·
though
she’s a feisty one,
·
etc..
Actually, it sounds a bit like Kati
of Terra J, though Helena Puumala is firmly in the “close the bedroom
door when things start to get too
steamy” camp of Romance writers. Plus,
Kati is science fiction based, rather than current events based.
Just a few
short years ago, who could imagine a self-published romance novel, let alone an
erotic-Romance novel being front page news in a major Canadian daily
newspaper? Not many of us, I would
guess. But money talks, and a book that
sells over 100,000 kindle editions could easily make several hundred thousand
dollars for the writer, depending on pricing, free downloads, special
promotions and the like. That kind of
money tends to lend legitimacy to any activity (well, at least any non-criminal
activity). Add to that the “Fifty Shades
of Grey” effect (which, by the way, started out as self-published), and you can
see why the business world is no longer so squeamish about these matters.
I would say
that over the course of the past 3 or 4 years, the acceptance of
Indie/Self-publishing has increased significantly. Most average people don’t really seem to care
much anymore who publishes a book. Some
of the more knowledgeable ones have tended to nod and say “of course” when I
have explained the nature of our book publishing business.
Furthermore,
as my own analysis of the 2013 Amazon Top 100 fiction ebooks, or Hugh Howie’s
“Author Earnings” website has shown, a lot of readers have made the transition
from the big publishing houses to Indie/Self-published works. My analysis for 2013 showed about one quarter
of the 2013 Top 100 Kindle fiction ebooks were Indies. Hugh Howie’s very detailed analysis showed an
even higher number so far in 2014, with over one-third of Amazon fiction sales
coming from Indie books. It will be
interesting to see what the 2014 Kindle Top 100 fiction books list shows. I suspect the Indies in that list will have
grown considerably, probably exceeding one-third, based on Hugh’s results.
That being
said, the front page of the newspaper is not the same as the book pages. In the book review sections that I have seen
(the Globe and Mail in particular), Indie books are not much in evidence. Some smaller publishers do get reviewed,
though the majority of the space is given over to the big five or their
imprints. By and large, the majority of
the fiction reviews are still concerned with literary fiction, eschewing
genre. However, based on my reading of
these reviews, it seems like a lot of lit-fic is becoming more genre like, with
more emphasis on plot and approachable characters. That’s just my impression – I could be
mistaken. But often when I read a
lit-fic review these days that describes the book as magic realism, I think to
myself that it sounds an awful lot like fantasy, paranormal or science fiction.
The Romance
genre in particular (regardless of the presence or absence of sexual content)
has become much more acceptable than in the past. Publishers are now actively courting that
market, though Indies have made huge inroads.
Given the low barriers to entry and modest overhead costs, it is doubtful
that big publishers will be able to compete in this market over the long run. As goes the Romance genre, so will go some of
the other genres, such as SF.
Also, at
some point, a few of the big established best-selling authors are bound to test
the self-publishing waters – perhaps they already are, via pen names. That’s when things will really get
interesting.
The other
wild card in all this, is the state of the big print book stores. Right now, Indies are largely locked out of
those retail venues, as are many smaller publishers. To a very considerable extent, they are the
province of the Big Five publishers.
That gives the Big Five an automatic advantage over most everyone else,
as print books are still a big part of the market, though a declining one.
Chain
bookstores are especially important as a vector for the mega-best sellers. Those books are bought by casual readers,
people who only read a few books per year.
Losing the marketing advantage of the big chain stores like Chapters or
Barnes and Noble would be a huge blow for big publishers. And those stores have been losing money
steadily over the last 3 or 4 years,
during a relatively prosperous time of the economic cycle. If they are still bleeding money when the
next recession or down market hits, that might be all she wrote for them.
So, in
summary, a lot of trends are well on their way to transforming the book market,
accelerating the acceptance of Indie and Self-Publishing:
·
Technological
changes, which continue to bring increasing ease of production, distribution
and consumption of books to the masses.
·
Social
changes, which continue to erode the concept of elite curation of cultural
products (e.g. someone else knows what’s best).
·
Financial
pressures, which threaten existing businesses and business models and force
others to remain nimble and customer-centric (e.g. Amazon).
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