Showing posts with label Publishing. Show all posts
Showing posts with label Publishing. Show all posts

28 May 2020

Fallen Desire is coming along nicely

Hello readers!

I want to share with you all a brief update regarding Book II, my future plans for the series, and some of my upcoming life events.

I’ve written 60,000 words and have finished Part One of the story, which is wonderful! A great many events that I’ve been planning, foreshadowing, or teasing the reader about are now coming to fruition. The entirety of Part Two is plot, action, resolution—all the good stuff. While worldbuilding and characterisation occupied much of Fallen Love and some of Fallen Desire, this is where it all comes together.

Do I know when I will finish? No. Despite my good progress, I have a Master’s degree incoming, plus this book is no paperweight. I anticipated it would be around 90,000 words, and right now it looks like it could easily be 100,000. Is there a Book 3 in the works? Well, there might be a prequel novella. (Maybe.) But the buck ends here.

Speaking of master’s degrees, I have decided to study Business and Data Science at the University of Twente in the Netherlands. You could think of it as an MBA with an MSc; it’s two years long, 9 months of which is made up by internships. While business is a straightforward subject for yours truly (I’m an economist remember?) the data science component will require me to brush up on my Python and statistics. Not to mention the dreaded linear algebra and calculus.

At the moment, however, I’m busy trying to find housing. This is, of course, a pain in the behind.

Anyway, I have one more piece of good news: I have a new fan! Her name is JR Vaineo, and she’s a fantasy writer too, so check out her books. I’ll probably republish the review here on the Magical Realm. Stay put!

5 Mar 2020

I’m finally getting published

Hello readers!

I have been busy these past few weeks, which is why I have not posted any updates here on the Magical Realm. Partly, it’s been because of the new book, Fallen Love. I’ve been advertising on Facebook, fulfilling backer rewards for Kickstarter (lots of paperbacks to send out!) and I’m negotiating the rights to the sequel with a small press.

Yes, you read that right: a small fantasy publisher wants to publish the next book! The talks are only at the beginning stage so far, and there is much to think about. Editing, design and marketing are the big ticket items; there are a million other things that go into a publishing contract.

There is a trade-off involved, naturally: the royalties aren’t as good as in self-publishing, which means I have to sell more books to earn the same. In exchange, I get editing, which is seriously expensive business (think $2000+ for a full-length novel). The publisher has a physical presence in California, which offers many opportunities—conventions, bookstores, Kickstarter rewards—that wouldn’t be open to me otherwise. Finally, I want someone to do the work for me. Self-publishing is too complicated and too exhausting.

The Curse of the Automobile

I’ve started taking driving lessons. Getting my licence will prove a time-consuming and tedious process, mostly because of bureaucracy. I can’t say I’m massively excited about it, because it’s not like I can afford a car at this stage in my life. Moreover, car transport is the cause of many negative externalities—pollution, climate change, congestion, and obesity among them.

Sadly, the reality is that we are hopelessly dependent on cars. You need to drive a car in order to be an independent adult. Even employers require it as a condition for getting a job—or the market forces you to drive a car because living in the city is too expensive.

Plans for the future

But enough about that! I have exciting plans for my writing. Getting a publisher for Fallen Desire is just the beginning; there are other promising opportunities I’m exploring. You’ll hear more about it in the coming weeks and months. Stay tuned!

19 Oct 2019

Quality vs Quantity

Hello readers!

Previously, I updated you all on my progress getting reviews for Fallen Love, releasing the cover, and modernising my marketing platform and author brand. I am making steady progress on that, with a new review going up on Goodreads this weekend (more are coming!) I even have a cover for the Vampire Eirik, which I am polishing with my designer.

The purpose of this post, however, is slightly different. I want to talk about strategy in self-publishing, and specifically, I want to answer questions like: How many books should an author be releasing? How much time and money should be spent on editing? What about covers and blurbs?

The lay reader’s response to these questions tends to be simple: a book should be as good as possible. It should be typo-free and well-edited; the cover should be the wow. These attitudes are often shared by big publishers as well. This approach is well-intentioned... but it is not always the correct approach. Or at least, the reality is more complex, and certain trade-offs have to be made.

The self-publishing business model is very, very different from that of the traditional model—and neither readers nor trade publishers really understand it. Some differences are obvious: self-published authors rely hugely on ebook sales, and for most, the profits from print books constitute only a small part of their income. Trade publishers, on the other hand, overprice their ebooks—they want ebooks to be a cash-cow in the way hardbacks are, instead of being mass-market products like paperbacks.

I can recall, with mirth, that time five years ago when I released my first book, the Necromancer. One of my readers at school came up and told me that I must surely make more money on the print books I was selling in school, rather than the ebooks on Amazon. I corrected her, informing her that my profit on the paperback was half what I made on the ebook, thanks to high printing costs and delivery.

Anyway, I am digressing. I would like to return my original point: that the self-publishing business model, unlike trade publishing, requires authors to publish more books in order to be successful. Put simply, self-published authors generate exposure for their books—a marketing term for how “out there” your work is—by having cheap ebooks on sale.

This is how Amanda Hocking succeeded on KDP. At first, her ebooks were 99 cents; this made readers keen to take a chance on her (especially since they wanted lots of cheap books to go on their Kindles). Later on, lending became possible through Kindle Unlimited, and that helped boost her exposure.

But of course, selling ebooks for 99 cents gives authors very little profit (the royalty rate is only 35%) and devalues books—at least if you’re selling full-length books for 99 cents. I doubt 99 cent short stories change the value proposition of full-length ebooks at $4.99 though. So what do you do? Simples: you sell some of your work at 99 cents or for free, and sell some your other work for meaty, profitable prices like $3, $4, or $5 (I don’t think most self-published authors will manage to sell at $5.99).

This is basically the “reader magnet” strategy outlined by Nick Stephenson. Still, there are some tricky questions you have to ask with the reader magnet strategy, especially if you’re a first time author. My main problem is that my free/$0.99 story, the Sandman, is hardly my best work; and while it does entice some readers, it’s not the greatest reader magnet in the world. The Necromancer is a book that probably would get readers interested in me—I could in principle lower the price to 99 cents once I publish Fallen Love.

Of course that’s not going to happen; I won’t sell a 105,000~ word epic for quite that little money. (I am selling it for $3 though, so go grab a copy!) This is where the Vampire Eirik comes in—it’s just long enough to be interesting (I hope!) without threatening my full-size novels.

Taking this strategy even further requires writing series. You sell your first book in the series for cheap, then gradually make your sequels more expensive. You can bet I’ll be doing this with the Fallen Series—the first book, Fallen Love, will be price-dropped once Fallen Desire is released, while the latter book will command a reasonably high asking price.

The Dilemma

I’m sure the reader has probably released the conflict now, and the reason for the titling of this post. The Reader Magnet strategy is great, but you need to have some books in your catalogue. That’s a lot of books to edit—which costs a lot of money. It’s also a lot of proof-reading, design, marketing copy and keyword optimisation.

Nonetheless, self-published authors can rarely rely on one book. There are unicorns like Fifty Shades, but unicorns are more often than not just that—a myth. In the trade publishing world, your first novel has to swim, or your trade publishing career sinks with it. On the other hand, a trade publisher will at least do something to get your book out there; they will put you in mass-market brick-and-mortar stores; and their covers are usually good.

In a way, though, self-publishing is good for authors and leads to better books. This might sound paradoxical, but think about it. Is an author’s first book likely to be their best? Probably not—it isn’t true for a lot of authors, especially young ones like me. In which case, should an author and publisher waste a lot of time and money editing a book that’s never going to be amazing? Probably not. It’s better to concentrate on writing the next one.

A balance does have to be struck, of course. Typos have to be squashed—but you don’t need a proofreader to do this. Beta readers can also do the job. Even reading the book in a different format (in terms of font, leading, justification etc.) can expose previously invisible typos. Full-length novels need more editing than short stories, and so on.

Likewise, cover design is hugely important to selling a book. Still, a good cover doesn’t have to cost an arm and a leg. When I put an ad for a book cover designer, I received a wide variety of quotes for Fallen Love—one professional wanted €1200. Now, I should add that this man was offering illustration and 3D work for this price, which requires more time and more skill. But there are young, upstart designers charging good prices for their work. The only thing I might avoid is pre-designed covers, if only because they are too generic and probably won’t fit your book.

Very well! I have gone on long enough. I am hoping to feature a review next on the Magical Realm. Until then!

2 Aug 2019

Publishing Woes, and other news

Hello readers!

It has been a while (over a month, in fact) since I last wrote on the Magical Realm. Alas, this is inevitable: there was too much work to do in June—the final month of my studies—and after July 1st, when I graduated. The wonderful housing corporation, which every single AUC student is obliged to rent from, made me move out on July 15th. That’s barely two weeks since I graduated.

After I managed to sell my furniture—or rather, a single piece, the rest of which I simply dumped—I travelled with my parents to Romania, and visited beautiful places in Austria along the way. The journey is about 2300km in length, and we were in no hurry, so we stayed 2 weeks on the road. You can check out my album here.

In Romania, I hoped for some peace and quiet, but naturally, got neither. Part of it is because of my family. Part of is it also because of a medical problem: I have developed foliculitis decanavans on my scalp and hair, thanks to years of antibiotics and reclacitrant acne. The good news is that I have convinced a local dermatologist to put me on isotretinoin (also known as “Accutane”). This is a Vitamin-A derivative that drastically reduces sebum production—sebum being a fatty secretion on the skin. Acne like mine has a variety of causes, but a huge overproduction of sebum is the main cause.

(The above is still a very simplified explanation: you can read more about it online, if you are interested.)

The medicine is, unfortunately, known for its side-effects, and I will need monthly medical supervision during the 6-month treatment course. But it’s the only permanent treatment available for both my acne and foliculitis.

You, dear reader, are probably interested to know more about my new novel—Fallen Love—as well as my experience at AUC. The latter is a topic I will be addressing in an upcoming blog post, entitled “My Experience at AUC: A Review”. I will be posting that shortly.

As for my new book, progress has once again stalled. I have queried another batch of agents, receiving one rejection and no replies after 1 month. The situation is so bad that I’ve seriously started considering how I will self-publish. Self-publishing requires three things: knowledge, time, and money. Naturally, money is the most difficult of the three. One good thing about AUC is cost; the cost of living in Amsterdam was manageable thanks to student housing and subsidies, and the tuition was mostly covered by loans. The loans have 0% interest and a 15-year repayment period starting in 2021. This means that I am not broke.

Even so, I have divided the self-publishing option into two plans: the cheap plan, and the expensive one. It is impossible to self-publish effectively without a good cover and a solid marketing strategy; and since editing is expensive, it must face the financial guillotine.

The two plans cost as follows:

  • The cheap plan costs €2500. This includes cover design (in the region of €500); the services of a marketing professional (€1000); miscellaneous expenses including a self-publishing course, for around €200; and the remaining €800 is budgeted for ads.

  • The expensive plan costs €5000. It budgets €2250 for editing (developmental + a proof read) and €750 for cover design, just to make sure I get the best cover I can.

The cheap plan is feasible for me right now; the expensive plan is predicated on getting some sort of job.

Right now, I’m honestly still uncertain as to what to do. I have applied for a master’s degree and a scholarship at Strathclyde University in Glasgow, where I can save rent living with my parents. If that doesn’t pan out—and there’s no guarantee it will, financially—I will look for a job or start a master’s degree in the winter.

Now you understand my quandary. I will leave you now, dear reader, for I need review the quality of my university’s education, on which I shall be writing again soon!

17 Aug 2016

A Poem, And Many Things

Hail readers!

For the past week, I have been in the countryside; remote and without Internet, I was unable to keep the Magical Realm stocked with new content. Nevertheless, this is not to say that I have been idle. Quite to the contrary: I have a number of intriguing quests to undertake over the coming days, weeks and months.

Chiefly among these is, of course, the business of finishing the Ark. Presently I am engaged in completing the edits and revisions suggested to me by my editor; this is something I will soon—I hope—have completed. I have already finished revising part one; I am most of the way through part two.

Once I have finished that, the next task is of course to write part three. How long this will take is a question I am as yet unable to answer—I tentatively hope by October, but then I have already missed some of my more optimistic deadlines. Ultimately this will depend on how much free time I have at university; with perseverance and determination, hopefully enough.

But this does lead me onto the third key task. Do you recall me mentioning a company by the name of Publishizer? To recap, I was put into contact with them courtesy of Reedsy—the company I used to commission the editor. I completed their application close to a month ago; about a week ago, one of Publishizer’s representatives arranged a Skype meeting with me.

The exact details of that conversation I will not fully divulge here, for numerous reasons (and not all of them secret). But what I will say is that I was made an interesting offer. The crux of it is this: provided that I manage to get 250 pre-orders of my book by starting a campaign on their website, they will then put me through their accelerator programme.

This programme, according to them, has a high success rate: the large majority of authors who are put through it manage to obtain a contract from a publisher.

But this does, of course, imply getting 250 pre-orders on my own. This is not a trivial task. And it won’t happen straight away: I have yet to finish the book, and the campaign has only a few weeks to get those pre-orders.

However, it does mean that I will be stepping up my efforts to garner attention for the Ark. As part of this, I will be creating a mailing list.

This will likely be a weekly endeavour: if you sign up to it, you will receive an email every week. The email will contain various progress updates, tidbits of information, and samples from the Ark. Interested? Then do keep an eye out on the Magical Realm—I will have some sort of submission form available soon.

There is also another topic that may interest you. Previously, I wrote an article entitled ‘The Allure of the Bad Boy’. I shared this article with my writer friend, Karen; this elicited a strong response. We have therefore decided to stage a debate on our blogs. Soon, Karen will publish her response; both she and I will link to each other’s posts.

I will then, in turn, publish a counter-response. Do tune it.

What of the Poem?

Finally, allow me to address the title of this post. Though I am very involved in numerous undertakings (as you can see), I have somehow managed to compose another poem. It is entitled ‘The Mirror, the Room, and the Dreams’ which is perhaps rather verbose.

In any case, the crux of it is this. The poem is escapist; it is about dreaming of greater things than the cold prison in which the dreamer is immured. It is about beautiful, far away places—and the magic of getting there.

The mirror, of course, is literal (in that it allows the dreamer to dream, and ultimately to escape) but also serves a metaphorical role. If I were of a Freudian persuasion, I would perhaps think it represents my writing. But since I am not Sigmund Freud, I suggest you substitute your own explanations.

With that, I must conclude this post. Keep an eye out for the debate, for the mailing list, and for the many milestones of this long journey.

The Mirror, the Room, and the Dreams