Awesome photo by Grok. We don’t claim to be a publishing expert. That said, we have ghost-copy-edited several books, for different clients of ours, over the years. We’ve done everything from boutique self-publishing to working with one of the big-name New York publishing houses. But the lessons we learned recently—and will share in this article—really underscore how much, and how fast, the world of book publishing has changed, in just the past few short years. Big boys can be bullies Boy were we ever disappointed, not terribly long ago, when we helped a client of ours shepherd their book through the process/wringer of a major you-know-their-name publishing house. We—mistakenly—thought that our client would get the white-glove treatment from this storied icon. Were we ever wrong. Their business model had followed—or perhaps preceded—the seismic shifts that have upended the music industry. Rather than the publishers having all the power, it’s effectively the influencers who have all the power. So if you’re, say, an indie rock band and you’ve got a zillion followers on TikTok, you hold all the cards. Why fork over your hard-earned money to some record label? Ditto for publishing. You can self-publish, pretty easily, these days (more on that in a minute), and if you can drive lots of followers and sales, then what value does a publisher—regardless of how big or how storied—have to add? This is, unfortunately, a double-edged sword. In the case of our client, they’d written a brilliant manuscript, but weren’t exactly Kardashians in terms of their social-media influence. And that was all, apparently, that the big-name publisher cared about. They peppered us with questions, such as:
And one other, which we were shocked to hear:
Ouch. You’d think that as publishers, their job would be to, well… publish. But no. They’re looking for coat-tails to ride. They want to “barnacle” themselves onto a trend, rather than expend the effort and capital to start one, regardless of how trend-worthy that manuscript might be. How disheartening. But the story does get better. The Magazine Magnate Before we get to the silver-lining chapter, we have one more churn-your-stomach tale to tell. We worked with another client, recently, and helped them to complete their book manuscript. Shortly thereafter, our client was approached by another huge-name publisher, known primarily in the magazine world, but who were now leveraging their brand name to create a publishing service to authors like our client. Hmmm. Intriguing. Well, it was, until we dived into their sales pitch. They would publish the book. And they would push out a press release for it. And they would feature it on their website. Now, in stark contrast to the old-school publisher we’d mentioned in the previous story—who, to their credit, paid our client an advance (i.e., money) against future sales for the manuscript—this magazine-magnate wanted to charge this other client of ours for the privilege of having their big name on the spine of the book… along with the aforementioned press release and website page. So now the money is flowing in the opposite direction. But okay. We’ll bite. How much did Magazine Magnate want for this service of theirs? Well, they offered different tiers. The cheapest one was $67,000.00. The priciest one topped out at $122,000.00. Can you say “Vanity offer targeted at ‘authors’ whose wallets are as inflated as their egos?” We politely declined. Goliath, meet David As we’d teased above, there is a silver lining to our client’s story—and for your book-publishing aspirations, too, especially if you don’t feel like self-educating on the arcana of Amazon’s Kindle Direct Publishing service which, while valuable, requires a ton of heavy lifting on your part. Turns out there’s a whole category of vendors out there known as book aggregators, and they do pretty much everything, for a sliver of the price we’d mentioned above. Example: For our client who declined the Magazine Magnate, they went with an aggregator who created a print-on-demand book and e-book version thereof, and distributed it to storefronts such as Amazon and Barnes & Noble and tons of others. And the whole budget was under $3k. So there’s no “advance” against sales; you’re betting with your own money. But if you can, say, sell more than $3k worth of books, you’re already in the black, and royalty checks will just keep on coming. So you can see why the old-school publishers are now very old school. Their business model has been shaken to the foundations. What value do they add, beside a logo on the spine? We’ll leave it to you to answer that question. Need help with a book project? We’ve worked on enough of them by now to have experience to offer that, we’d wager, you’d deem valuable. Contact us to learn more.
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Great photo by Grok. Intrigued? “ChatGPT doesn’t wear shoes?” Has Copel Communications completely lost its few remaining brain cells? Not yet. Stay with us on this. And learn how—no kidding—this observation can help your business make more money. Here’s a dirty little secret. While we specialize in marketing here at Copel Comms, we’re really “closet salespeople.” Think of the playwright who shudders at the prospect of getting on stage… but is completely comfortable writing a powerful speech for the play’s leading man to deliver. That’s us. Okay. Shoes? ChatGPT? Is there a thread anywhere in this story forthcoming? Sure there is. As we’d said, stay with us. ChatGPT, and all of the generative large-language-model AI platforms of its ilk, have really changed the way that people sell. The way that you can sell. And, upstream of that, the way you market. Shortly after it appeared on the scene, ChatGPT basically torpedoed email-based marketing and outreach—and thus the sales that those were supposed to generate. The reason is simple: It used to be that only reasonably intelligent English speakers could create grammatically correct outreach notes. ChatGPT eliminated that requirement. Since its advent, every mouth-breather who can click a “Generate” button has been able to churn out grammatically flawless… spam. Yep. Spam. The ISPs quickly clamped down on this. The spam filters got tighter. Even now, Google (in a related story) is tweaking its algorithms to filter out AI-generated content. But ChatGPT is old news. The platform debuted during the pandemic, for goodness’ sakes. The “old news” aspect of this story is good news for our clients and businesses like yours. We’re seeing an uptick in the effectiveness of email outreach again. Isn’t that nice? And, just like in the old days, quality matters. Remember the ol’ “three-legged stool” of email marketing? It consisted of the quality of:
Guess what? That’s true again. Which gets to shoes. Specifically, “shoe leather.” We’re talking about the old days, when salespeople would “pound the pavement,” going from business to business, to the point where they would wear holes in the leather soles of their shoes. Hence “shoe leather.” ChatGPT does not wear shoes. It doesn’t understand how you can (and perhaps should) “pound the pavement” to actually generate sales. Example: We recently penned an email (is that a mixed metaphor? We actually used a keyboard) for a client of ours, directed toward their current clients, introducing a referral program for their services. Per best practice, the offer was “two-sided”: “Refer a client to us, and they’ll get a massive discount on our services. And you’ll get an Amazon gift card. Everyone wins!” So. It was a matter of taking this good offer (Leg 2), turning it into a compelling message (Leg 3), and sending it out to our client’s list of existing customers (Leg 1). Another dirty little secret: The client’s list of clients was small enough that no automation was needed. So “Dear [First Name]” was typed in as “Dear Linda,” and so on. Sure, it was old-fashioned manual labor. But it was effective. Proving that pounding the pavement, in its modern iteration, can still yield sales. And proving that ChatGPT doesn’t wear shoes. Need help with a marketing challenge? Contact us. We’d be delighted to help! |
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