Today’s post is from Lisa Ryan, CEO and Lead Strategist at Tinley+Ryan, former Marketing Manager of On-Demand Publishing Services at Amazon.com and former Vice President of Marketing at BookSurge. I’m honored to have your contribution, Lisa.
On a macro-level, independent and traditional publishers not only co-exist amicably, they are full-on partners in the publishing and production of books. They are not competitors.
Today, publishers large and small are concerned with digital rights management, monetizing assets like out-of-print titles, and the lightning-speed evolution of alternative format books/readers. Because of these and other economic factors, they work hand-in-hand with digital publishing houses and POD fulfillment providers for support. They in turn support self-published authors. It happens every day. It’s a symbiotic eco-system on the back end, no matter how the surface-level factions consider the issues.
Self-published works provide the data traditional publishers need to take calculated risks on new authors. One initiative we worked on at Amazon was a reporting system that allowed large publishers to monitor the sales velocity of our best-selling self-published titles. We’ve seen some pretty impressive deals come out of that – of note, a three book, six figure deal for a fiction series. Continue reading →