Why do I have to wait for the paperback?

 

A friend doesn’t understand the logic behind issuing the hardback, e-book, and paperback in the way publishers do.  She points to all the successful reviews and publicity at the start of the year, then says – will people remember that when the paperback comes out, say eight months later?

Here’s my thoughts.

The book trade is dealing with the effects of various changes

  • Discounting – supermarkets, Amazon, and discount specialists sell books at very low prices
  • The growth of the e-book (sales may have slowed a bit depending on who you believe – still massive)
  • Audiobooks are growing fast
  • Bookshops on the high street suffer the same pressures everyone else does – high rents and combating online retailers (who sometimes dodge taxes)
  • Book piracy, which is stealing.
  • And there is just more interesting content viewable at home than there was

A big publisher must try to juggle different markets.  For some genres, hardbacks are still more likely to be reviewed in print media, and there is a market for big beautiful object books. And the hardback is to some extent the flagship product physical bookshops try to sell. Yet, those who read e-books are likely to read early and to review online.

I’ve seen pundits argue we need to make people see buying physical books is ‘best’.  (Financially for authors, that’s a moot point.)  Most authors of physical books need buy-in from local shops to get visibility.

I’ve seen other pundits argue we should publish the paperback soon after the hardback, riding on its coattails to build a larger market in size for authors.  They argue a bigger push on paperbacks would allow middling authors to reach more readers and more sustainable income.

(Fun fact: With professional authors, on average their writing is only 20% of their household income- ALCS 2019)

I don’t have a simple answer for what strategy publishers should follow.  What I do propose is to let fans of the book know how they can help in the run-up to paperback publication.  Sub to my newsletter or follow me on Twitter etc!!

(Pix annie spratt, Unsplash)

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