Showing posts with label competition. Show all posts
Showing posts with label competition. Show all posts

Friday, June 25, 2010

On nepotism

by Lauren

Trolling the internet for a blog topic, I stumbled across this Gawker piece by Richard Lawson on why one shouldn't hate Simon Rich just because nepotism probably accounts at least somewhat for his success (and recent book-to-film deal).  I'll admit that I had missed this deal announcement, but I probably would've at least scoffed had I first seen it out of this context.

Lawson sums up my (and perhaps the average person's) gut reaction to such things thusly:
But still, in a country where so many doors are closed to so many people, that a twentysomething born into a life of ease can just saunter in and get exactly what he wants on the first try seems to fly in the face of our noble belief in the meritocracy.*
But he also goes on to say that sometimes, we really ought to just suck it up and put all that aside.  As he points out, why bother to wish that other people struggle because we do?  Is it a belief in merit or just envy?  Sometimes geniuinely talented people get an easy in, not because it's the only way they can succeed, but because it's not sensible to reject the easy in on principle.

The piece is well argued, and I think a good reminder not to fall into the trap of begrudging someone success.  In publishing, I think it's especially easy to get caught up in looking for someone to blame.  There's celebrity memoirs; a publishing system full of gatekeepers; bottom line thinking; all the people taking the supposedly (but actually not at all) "easy" way out by writing something trendy or very commercial; and yes, too, the well connected.  But even if the system is imperfect and quality isn't always the deciding factor, where does bitterness get you? 

It's natural to be annoyed, but don't let that drive you.  Sometimes we can all use the reminder to breathe deep and worry not about everybody else, but instead about how to achieve our goals independent of whether anyone else achieves theirs. 

via The Awl


*I learned from the comments to that Gawker post that the term "meritocracy" was coined (satirically) by Toby Young's father, which seems delightfully a propos.

Tuesday, June 22, 2010

Sizing up the competition

by Jessica

 
“Know your market” is surely one of the Publishing world’s commandments—the “Though shalt” omitted but implied. When I go to conferences, when I read query letters, when I speak to writers about their books, I am always keen to get to the comparison titles, and understand from the author where she sees her book fitting in to the present marketplace. (FYI: Comparison titles, “comp titles” for short, are the books you come up with in answer to the question: “Readers of what books/writers might enjoy your work?”) I encounter such a wide variety of responses to what I believe is a softball of a question that I thought I’d pass on a few thoughts.

 
  • When looking for comp titles, choose successful books. Pointing out books similar to yours that had low or disappointing sales is the best argument against your project. Most houses will interpret the cluster of bad sales as a commentary on the weakness of the category/subject matter.
  • But not so monumentally successful that their track record is sui generis. For example, EAT PRAY LOVE is so often used as a comp that it has become meaningless.
  • Be cognizant of the delayed publishing timeline. I run into many writers who, after studying the competition, tell me that their own writing is at least as good as (insert name of published author here) and if that (name of book sold) surely their own can too. Unfortunately, such reasoning seldom works. Bear in mind that what is being published today was likely acquired the better part of two years ago, and the lackluster reception/performance of the titles in question may be the very reason that your book (or query letter) is rejected. For example, memoir is now an exceedingly difficult category, thanks in part to the sheer quantity of memoirs that have been published. Booksellers are being very, very, choosy about what they buy. So a cursory survey of recently published personal narratives is not necessarily going to tell you what publishers are buying now, and in fact, may reveal why your book faces an uphill battle. For this, you need a subscription to Publishers Marketplace. Remember, most books do not earn back their advances, or sell in any significant numbers, so the odds are stacked against you from the get-go.
  • I thought that name sounded familiar.  Pay particular attention to who the author is. Even in narrative (as opposed to prescriptive non-fiction, where the emphasis is on the writing as much as the information) platform is all. All things being equal, a publishing house is far more likely to take on a book from someone with an established public profile than an unknown author. In some cases, understanding the author’s marketing abilities helps explain why a particular book was bought.
  • Think twice when there’s no competition at all. Every so often, I hear a pitch in which an author is absolutely correct when she tells me that there is no book like hers out there. This may be a terrific opportunity, the oft-looked for “hole” in the market. But it also may be because publishers are convinced that a particular subject won’t work. An editor I know recently bought a book on dealing with bedbugs, a widespread and awful scourge about which no book had been published. It may be that the book will go on to sell thousands upon thousands of copies to the itchy and unhappy victims of bedbug infestations, or it might be that this is info that people can get from the internet, or via their exterminator—I suppose we’ll wait and see.
  • Too close for comfort? In surveying the competition, be mindful that a book need not be exactly like yours to constitute competition. Despite the fact that you have your own distinct take on doing business in China or parenting oppositional children, baking vegan cupcakes or greening the work-place, houses with similar books under contract or on their backlists see little reason to cannibalize their own lists. If you are wading into a crowded marketplace, then it is incumbent on you to: actually read the competition; make certain that your book is both different and better; communicate that difference; and bear in mind that most consumers rarely but multiple titles on a single subject. (Note, this applies almost exclusively to nonfiction).

Thursday, November 12, 2009

Nothing out there like it?

In working on prescriptive non-fiction, I’ve noted a phenomenon among authors that I’ll call the “there’s nothing out there like it” fallacy. Interestingly, it seems to affect a disproportionately expert population—physicians, nutritionists, psychologists, trainers, counselors, and attorneys—writers with professional credentials whose proposed book emerges from a considerable knowledge of their target market. Indeed, the fact that these people come in daily contact with their would-be book buyers should mean that they have a better sense than anyone of the information their patients/clients lack. In theory, these experts are ideally positioned to perceive a book-shaped hole in the market. But interestingly enough, this is not always the case.

There are a few reasons; because the general public may be demonstrably in need of information (or perhaps just reluctant to implement it) it does not always follow that there’s a dearth of books on the topic. In my experience, experts may know their audience inside and out, but they don’t necessarily have a clear sense of the competition. Acquiring editors, meanwhile, have an overdeveloped sense of the books in the field; usually they’ve published them. (Agents do too, which, apropos of the recent discussion, is another reason why we’re handy). Busy professionals, even those who assiduously keep up with the relevant journals, rarely have the time to read books aimed at a general audience. They do, however, hear their clients/patients complain that there is a shortage of reliable information “out there.” They field the same questions again and again. They rightly perceive their clients’ points of confusion, and may be especially gifted at untangling complex information, or perhaps they’ve created a program that gets amazing results. It is not so very difficult to therefore imagine that all this would merit, even demand, a new book.

Maybe so. But in order to test this premise, writers need to do significant research, not only on Amazon.com, B&N.com, Booklist, Publishers Weekly, or Publishers Marketplace, but also in multiple bookstores and libraries. No single source is especially reliable: on-line searches may be too broad or too narrow; looking at the bookstore shelf may not give an accurate sense of all that’s actually on offer; libraries don’t necessarily reflect all the newest entrees. Ideally, aspiring authors should read, or at least skim, the likely competition, with a dispassionate eye (does the world really need another book on this subject) and in hopes of spotting an opening. If “nothing out there” really means “there’s nothing out there written by me,” bear in mind that publishing houses find this a persuasive argument only insofar as the “me” in question has one or more of the following: a national platform; a media profile; conducted groundbreaking research; a fresh approach to the subject at hand. It is this last aspect that is most tractable. It is true that most nonfiction is platform driven, but it is also concept-driven, and teasing out a hook—which is not so much a gimmick as a clever, easily-grasped, organizing principle—is essential. Finding a way into your subject that has not been done and done again is difficult, but not, I think, so difficult as acquiring the MD, MBA or PhD to begin with!


-Jessica