onsdag 23 september 2015

Authorpreneurship

Feb 14th 2015
In 2013 some 1.4m print books were published in America, over five times as many as a decade earlier. Publishers are increasingly focusing their efforts on a few titles they think will make a splash, neglecting less well-known authors and less popular themes.
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Even the most successful writers need to invest large amounts of time and resources in promoting themselves.
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Authors must court an expanding variety of “influencers”—people whose opinions can determine a book’s success. Once a select group of newspaper reviewers were the principal arbiters of literary taste. Now, as the amount of newsprint devoted to reviews keeps shrinking, a host of bloggers and social-media pundits fill the gap. The most important are the celebrity endorsers. Oprah Winfrey used to help books soar up the charts by discussing them on her television show.
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Entrepreneurial authors find it more effective to devote themselves to a more achievable aim: getting onto the bestseller lists. The secret of such lists, the most prominent of which are those in the New York Times, is that they do not measure total sales, but their velocity. Books that fly off the shelves in their first week make the lists, and that in turn boosts their subsequent sales. Pre-orders of books all count toward the first week’s sales figures, so canny authors try to get people to buy copies in advance of publication. Eric Ries, a lecturer on entrepreneurship and innovation, went on a “pre-book” book tour to drum up interest before his work, “The Lean Startup”.

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