Friday, May 17, 2013

Think Like a Bookseller, part 1 - On Turns, and Returns

Before I was an agent, I was a buyer and event coordinator for a great independent bookstore for many years. I'm still a bookseller in fact (though now just very part time) -- I LOVE bookstores, have worked in them all over the country, and my experience as a bookseller has had a huge impact on my perception of the publishing industry.

The Ways of the Bookseller might be a bit mysterious if you haven't been one yourself, but I think they are important for authors to understand. For the record: I'm only talking about MY EXPERIENCE over the past couple-dozen years in half-a-dozen great independent bookstores. Large chain bookstores may be different, specialty bookstores may be different, online bookstores are certainly different, and self-pubbing/indie-pubbing is obviously different.

So. I asked Twitter what questions authors had for booksellers, and first up was:

How do bookstores decide what to carry... and what to return?

Brick and mortar bookstores choose the books they carry based on a combination of factors. In no particular order: How well that author's past books or similar comp titles have done; How well that genre or category has traditionally sold in their store; "Buzz" from review sources; Local interest hook (the book is set nearby or the author lives nearby); A publicity hook (like: celeb author, or recent scandal, etc); A sales/marketing hook (like: the publisher is offering a special discount if the store buys a whole display worth of specially marked Summer Reading)... and finally, the buyers own particular taste/sensibility/random love of the jacket art, etc.

Obviously no store is going to buy everything in a catalogue -- even if there were room on the shelves, it would just be a hodge-podge. So a good buyer curates the selection. They also very often have the help of an excellent publisher sales rep to help guide their purchases. A good rep is a god-send and will have a great sense of the store, its strengths and clientele and what will appeal to them, and can make recommendations accordingly. In my experience, buys usually happen with a marked-up online catalogue open in one window (or paper catalogue on the desk), and the store's inventory open in another, and the rep and buyer together go through the list either in person or by phone and talk about each book - what to buy, what quantity, and what to skip. The process can take anywhere from an hour to half a day for each publisher. (And sometimes involves a lunch - yum yum!)

Buys happen many months ahead of time. So, though we are still firmly in Spring, bookstores are now buying for the Fall. And the Summer books, which were bought in Winter, are now arriving in earnest. And there has to be room for them on the shelves....

              \mbox{Inventory  Turn} = \frac{\text{Number  of  Units  Sold  (Over  a  given  period)}}{\text{Average  Number of  Units  (For  the  period)}}

"Turn" is how often inventory sells and must be replaced. It is extremely important to turn books relatively briskly. This isn't a museum where books are simply on display! Sitting inventory is not making money, turning inventory keeps the lights on. Turn is generally calculated on a per-section basis, so ideal turn will vary by section and store, but let's do a for-example.

If they've decided that the ideal turn for YA is 5, and right now the average turn in the section is actually 12, that means they may need to order more books and beef up the section, as there are likely holes and important books missing. (This is also an indication that the actual shelf-space allotted to the section might need to expand a bit.) If the turn is closer to 2, they definitely have too many books in the section and some will have to be pulled. (And probably the section, and buying for it, will need to contract a bit.)

Many kids books become hits by way of Word-of-mouth; Teachers reading to classrooms, kids passing the book around at school, the book getting awards and put on state reading lists, etc. Thus, stores do tend to let extra-special kids books linger longer on the shelves before returning them.

Some individual titles with very low or even zero sales might get saved during a return if a bookseller is feeling sentimental, but if your book is consistently dragging down the average turn, well... you see where this is going.

A very clever buyer (my sister in fact) once explained it to me this way: Your book is paying rent for its space on the shelf. Let's say that the average book in the section needs to sell or "turn" about 4 copies a year; that means "rent" is about .10 cents per day for an $8.99 paperback, .25 cents per day for a $21.99 hardcover. If the book isn't moving fast enough to pay that, it will eventually get returned to the publisher.

While to an author, returns day might be depressing, to a bookseller there is something immensely satisfying about packing up books that are gathering dust, and replacing them with shiny new specimens. To everything there is a season, etc etc, and bookstores can't afford to keep books around indefinitely if they aren't selling. Changing old for new also means an opportunity to "fluff" the section and make it look extra bright and inviting, which usually means increased sales for ALL the books in the section.

Will the system of returns change between publishers and bookstores? Likely at some point. Should it? Yeah, I think there are probably more efficient ways to handle inventory rather than shipping insanely heavy boxes of books back and forth all over creation. But I think it'll be a sad day if returns go away altogether.

Bookstores are already treading on a very thin profit margin and have to be careful about what they bring in. When they are able to take chances on quirky books and unknown authors, it's precisely because they are able to return them to the publisher if they don't sell. If they didn't have the opportunity to return items, they'd have to be much more conservative with their buys. And while that wouldn't be a big problem for the bestsellers, it would have a terrible effect on newbies and small fry.

Wednesday, May 08, 2013

Links of Note

Working on a longer post for later, but I wanted to be sure to share the following links of note:

If you've read this blog for any length of time, or know me, you know that the first book I ever sold was FLASH BURNOUT by LK Madigan, which went on to win the Morris Award for best debut novel released in 2009.

I loved that book, and I loved Lisa, and she was taken from us all too soon. But! She wrote a companion book to FLASH before she died. It's called PROJECT: BOY NEXT DOOR, and it's awesome. Her family has had it edited and indie-published it, and I'm so glad the world gets to read more of Lisa's wonderful words. Here's more about the book -- support it, won't you? You can purchase on Amazon or BN. Happy reading.
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A great post on What To Expect at BEA, perfect for first-timers. Especially important, I think: Don't be greedy, and for crying out loud WEAR COMFORTABLE SHOES! :-)
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You've probably seen it already, but if not, this is important: Maureen Johnson and the Coverflip. What happens when books by male authors are given "female" covers, and vice-versa? This would be funny if it weren't so bloody depressing. 
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Looking for a funny YA book rec? There's a flowchart for that.
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I'm on the list of the "Top 20 Picture Book Agents" in very good company! Though, actually, this list is somewhat flawed because the sales are self-reporting, so some very good agents who simply don't report every sale are not listed. Still. Awesome.
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Finally, in non-book related (but VERY IMPORTANT) news: I baked home-made Sriracha Cheez-Its today. They came out delicious. I used gouda, very sharp cheddar and parmesan, and quite a bit of extra hot sauce. But I didn't roll them thin enough so they were more like cheese puffs. STILL.

Sunday, May 05, 2013

On Twitter-Stalking, and New Adult

The other day I saw a blog post that surprised me. Surprised me because... well, because it is ABOUT me, in part. I am the mysterious "Agent #1." I suddenly feel the need to put on a wig and sunglasses. ;-)

I agree with the thrust of the post (that one should research agents, and that twitter is a good tool to learn more about them)... so I'm not knocking the post or the author. That said, I'm not sure that I agree with all the conclusions drawn from the examples used, so I'd just like to clarify, particularly as I've gotten LOTS of questions.

Two weeks ago, an agent (Agent #1) tweeted that she was interested in New Adult books. This is great information to know if you’re querying a New Adult novel (or will be), since it’s not mentioned on her website. 
It isn't mentioned on my website, because it's not a "thing" for me yet. And perhaps it never will be. I'm reading a lot of what-people-are-calling-NA (and books that are not "officially" NA, but maybe should be) -- I'm formulating my philosophy, and how NA books would fit on my list -- in other words, it is definitely something that is on my radar and I'm giving thought to.

In any case, I certainly wouldn't take something on if I didn't love it and think I could sell it. 

Agent #1 replied and explained that she didn’t get the category, either, but she was willing to check it out.

Red Flag #1
From MY point of view, the point of that tweet was that I am interested in NA and have an open mind about it. Which I'd have thought would be a good thing? A white flag, if you will? :-)
Why would you want an agent who doesn’t “get” your genre? How would she be the best advocate for it? That’s like letting a surgeon who doesn’t “get” the function of your pancreas perform surgery on it. You want someone who not only gets your genre, she understands what criteria readers expect to see.
I actually said that I'm not sure I "get it", because I'd contend that NOBODY really knows what this "genre" is. (I'd also argue that it's not a genre at all, but rather a category... but that's another story.)

I simply don't think we can say that anything regarding NA is set in stone. Whereas the fundamentals of pancreas function are not really up for debate.

NA is a category that is very much in flux and still developing. Relatively few NA titles are actually on the market, compared to their YA brethren. It remains to be seen which titles have longevity and whether readers will embrace ALL kinds of NA stories rather than the contemps that have been best sellers so far.

This post here does a fine job of talking about what NA is, at least ideally. For the record, I disagree that NA is "sexed-up YA." But you have to admit, so far, that is a snarky but not wholly inaccurate way to describe some of the books that are doing well. This will change, if the category flourishes. But so far voicey, sexy contemp with college-age protags happen to lead the pack in terms of what is selling. Can we agree there? 

If she offers representation, you can ask her what books she’s read in your genre and what she liked about them. If she has only read two, you’ve got a problem. Also, make sure she does understand the genre. For example, if you queried her for your NA novel and she tells you NA is really YA erotica, then you need to keep looking. This is not the right agent for you. She’s clueless about the genre. 
I invite anyone to whom I offer representation to ask me about books. I read a LOT. Hundreds of books a year, on top of manuscripts. I love talking about books, and I promise you, I'm quite good at it. After all, I do it all day long, for my job.

If you've done any amount of research about me and you still think I might be "clueless"... let me stop you right there. Don't query me. We definitely aren't a good fit for one another. Why would you query somebody whose opinion and experience you don't value?

Agent #2 tweeted back that he hoped Agent #1 enjoyed the porn that would now fill her inbox... I have no idea how Agent #1 felt about the condescending tweet, but it upset the individual who emailed me the conversation. It showed a lack of respect toward a colleague in the industry. 
I'm pretty sure if we asked "Agent #2" he'd be happy to own his words. And while I appreciate the concern, it didn't strike me as condescending at all. I took it in the spirit in which it was intended: as an amusing tweet from a good friend, in the context of a lighthearted conversation. It made me chuckle. Particularly because it was actually correct -- plenty of what comes in unsolicited to the query box could be classified as amateur erotica.

That's not because that's what NA is. That's just the nature of the slush pile. Just as the majority of what comes in when you open your doors to picture books, are rough drafts, or stuff that would be better suited to the inside of a terrible greeting card... not because picture books suck, but because a lot of queriers aren't ready yet and/or simply don't know how to write picture books. The same is true in every category.

The point I'm making is actually very similar to Ms. Lindenblatt's. It's a fine idea to acquaint yourself with agent's twitter feeds if they have them. It's one tool that should be used in addition to the others (looking at their website, reading interviews, reading the books they already represent, etc.) Of course the fact is, every agent-author relationship is different; it does have to do with chemistry in some ways, and you can't always know if you'll be a fit until you at least have the chance to talk to each other. Still, twitter can be fun and informative, and give you a sense of their personality and taste.

If you hate how they come across on twitter -- by all means, don't query them. But it's not an accurate way to gauge what somebody will be like to work with, or how they'll react to your work. And it's certainly not fair to cherry-pick a couple of random tweets out of context and assume that gives you an accurate snapshot of a person's worldview.

Anyway, don't spend TOO much time twitter-stalking. We want you to finish those manuscripts! :-)

Tuesday, April 02, 2013

"Rock Star" agents, and more about Schmagents

The phrase "rock star agent" gets thrown around a lot. Sometimes even regarding me. That's fine, I know people mean it as a fun compliment, and I am definitely not dissing anyone who uses that phrase. But the thing is... Agent TO rock stars is slightly different than "rock star" agent!

I want MY AUTHORS to be in the spotlight.

Good agenting is not a popularity contest, and in my opinion, a good agent should not be seeking fame for themselves above their authors. YES, it's fine for an agent to be plugged in to social media and whatnot (hey, I am!) -- but just because an agent has a cool blog or website, or is funny on twitter... doesn't mean you necessarily want them handling your business. This should not be the main criteria for choosing an agent.

I adore my social media friends. I've been blogging and tweeting and whatnot for a long time, and it is definitely part of my identity. But I cringe when I see people talk online about their "dream agents" and realize that most or all of them are actually just "agents who have popular blogs" or "agents who are big on Twitter." Some of the very best agents in the world have ZERO social media outlets. That doesn't make them ineffective or behind the times.

There are also schmagents out there who have web presence, but nothing to back it up. I know it might sound silly or obvious, but even if you read about an agency in a book or magazine, or see them online, that doesn't mean they are good.

Of course, even a great agent at a totally legit agency might not be a great fit for YOU and your work. The agent relationship is unique from author to author. But at least do your due diligence.

Make sure the agencies you query have plenty of sales to legitimate publishers, and books in the bookstore. A new agent with few or no sales can be fine... but their agency should have a solid track record of sales and clear experience in the publishing industry. A new agency with no sales, made up of agents with no sales and little to nothing in the way of publishing industry experience? Or where the agents don't seem to want you to find info about their authors or books? Or the sales are only to publishers you've never heard of and can't find in the bookstore? Well... I'd be WARY.

There are no special classes to take or tests to pass to become an agent (unfortunately) -- ANYONE can call themselves an agent and call it a day. Which is why even smart writers can be taken in. So don't be a sucker. A good agent won't just have a cool website -- they'll have either a proven track record of sales or the backing of a strong agency. They'll never, ever ask you to pay them fees. They'll communicate with you, be straightforward and honest. And of course, they will connect with your work and know how to sell it.

When you get an agent, you are putting your career in somebody else's hands. Be sure they are steady ones.


Monday, April 01, 2013

New Mystery from Kate Messner

Prolific and brilliant Kate Messner has a new installment of the delightful Silver Jaguar Society series out today. These books are total romps -- actiony, fast-paced, often funny mysteries for fans of "National Treasure" and the like. I love them, and middle grade readers do, too!

New in paperback: CAPTURE THE FLAG, book 1 of the Silver Jaguar Society series, in which the kids get caught up in an adventure of historic proportions in Washington DC.
Bookstore Plus
IndieBound
Barnes and Noble
Amazon

New in hardcover: HIDE AND SEEK. The thrilling followup to CAPTURE THE FLAG.

Jose, Anna, and Henry are junior members of the secret Silver Jaguar Society, sworn to protect the world's most important artifacts. When they discover that the society's treasured Jaguar Cup has been replaced with a counterfeit, the trio and their families rush to the rain forests of Costa Rica in search of the real chalice. But when the trail runs dry, new mysteries emerge: Who can they trust? Is there a traitor in their midst? With danger at every turn, it will take more than they realize for Jose and his friends to recover the cup before it falls into the wrong hands.
Bookstore Plus
IndieBound
Barnes and Noble
Amazon

Thursday, March 21, 2013

The Rubber Band Ball

I spoke last week at my local middle school for their career day. Part of my talk was given over to explaining what the heck a Literary Agent even does. And the issue of subsidiary rights came up. Now I know some of you are experts on this stuff already... but just in case you are unfamiliar, I thought I'd use the analogy I used on the kids. It's simple, and it makes sense (I hope!) and it is important.

You might think of your book as being a bunch of words in a document or on paper.

I think of your book as a rubber band ball.

The ball itself is your intellectual property. It is a real thing - it belongs to you. And it is made up of a bundle of rights.*

Each rubber band that makes up the ball is its own right. Right to publish the book in the USA? That's a rubber band. Right to publish in paperback? That's a rubber band. Right to make a calendar or an audiobook or a TV show or put excerpts in Vanity Fair or anything else? All rubber bands... that is, rights. Take SHREK for example. Publishing it as a picture book in the US was a rubber band. Publishing in each country in the world, all their own rubber bands. The movie was another, the movie tie-in books another, the musical yet another, and toys and lunchboxes another.

These rubber bands/rights can be sold separately, or in a bundle. Most US publishers for kids books at least consider publication of hardback, paperback, ebook, in English, in the USA, to be primary rights. It is pretty much a given that the publisher will ask for these (along with large print, book club editions, and other editions of the same book.)

All other rights are "subsidiary" rights, also known as "subrights." We can often negotiate to keep audio, film/tv, merchandise/commercial, and (hopefully) world English and foreign rights.  EVERY book theoretically has all these rubber bands, though of course, some books are more likely to USE them than others ... Guns, Germs and Steel is probably not going to make it to the lunchbox aisle at Target anytime soon. ;-)

And as for foreign rights, while it is TOTALLY COOL to sell them, not every book, quite frankly, is suitable for foreign tastes. Some books are deemed "too American" -- books about school, or specific types of pop culture, can be losers for other countries -- and of course every country has their own trends and preferences. The economy plays a part too; many territories are very choosy about what they bring on and only want topics or authors they know will be sure-fire hits, so they stick to big names.

Point is: It is the publishers job to get as many of the rights as they can, for the least amount of money they can.** It is your AGENT'S job to keep as many rubber bands as possible, and get the best deal possible for the ones they do sell. If the agent keeps the rights, they then can sell the rights themselves and the client keeps all the profit (less agency commission of course). If the publisher keeps the rights, then THEY sell them, and split profits with the author (it goes straight to earning out your advance, though, until you've earned out at which point you get that percentage.)

The Bologna Book Fair is coming up next week, and that is where many hardworking foreign rights specialists will be pitching their books like mad, hoping their author's books will make it onto bookshelves in other countries and languages! It is an extremely interesting and rewarding fair, and I hope to have updates and fun news from it on twitter.

Hope this was a bit useful!  Let me know if you have questions, I may or may not have answers.


* ETA: The obvious conclusion, which I should have stated in the first place: The ball itself is worth something. And each rubber band is worth something, too. Be sure you know what you're throwing when you throw it.

** That doesn't mean that publishers are trying to trick authors or rip them off -- it simply means that it is obviously in their best interest to get as many rights as possible. And most of this stuff I'm talking about is negotiable... so if the publisher is open to negotiating (let's say, a higher advance price, or better royalties), you and your agent might well decide to cede some of these rights.  That's a convo for you to have together.

Friday, March 01, 2013

SIN EATER'S CONFESSION by Ilsa J Bick

Ilsa J Bick's latest is a gritty YA told from the perspective of a young soldier in Afghanistan; it traces the dark events (some illicit photos, gay-bashing, the murder of a friend) that domino'ed to his enlisting. As always with Ilsa, it's super intense. And it is already getting great reviews.  Check it out!


From the Publisher:
People in Merit, Wisconsin, always said Jimmy was . . . you know. But people said all sorts of stupid stuff. Nobody really knew anything. Nobody really knew Jimmy. I guess you could say I knew Jimmy as well as anyone (which was not very well). I knew what scared him. And I knew he had dreams, even if I didn't understand them. Even if he nearly ruined my life to pursue them. Jimmy's dead now, and I definitely know that better than anyone. I know about blood and bone and how bodies decompose. I know about shadows and stones and hatchets. I know what a last cry for help sounds like. I know what blood looks like on my own hands. What I don't know is if I can trust my own eyes. I don't know who threw the stone. Who swung the hatchet? Who are the shadows? What do the living owe the dead?


Praise for SIN EATER'S CONFESSION:

Kirkus Reviews - STARRED REVIEW:

Bick's compelling tale manages to be a blistering confessional and a page-turning whodunit (or maybe what-really-happened) all in one. Readers won't be able to look away even if they find they don't much like--or trust--Ben.

Publisher's Weekly - STARRED REVIEW
Bick crafts a powerful tale of bigotry and murder in small-town Wisconsin... Told entirely in flashback from Ben’s perspective as a medic in Afghanistan, Bick’s story isn’t a mystery in the whodunit sense. Instead, it’s a potent examination of teenage emotions and reactions to peer and parental pressures, and to the evil that people are capable of.

Booklist
Bick proves again she is a writer to her core, never at a loss for things to say and uninterested in easy answers. Her handling of Ben’s increasing paranoia and delusion is nimble, making this a violent, and very smart, take-no-prisoners experience.
— Daniel Kraus

School Library Journal
"This novel should be in all YA collections, and would be interesting reading for members of GSA’s." –Suanne B. Roush, Osceola High School, Seminole, FL

Tuesday, February 26, 2013

LITTLE RED HOT by Eric A. Kimmel

LITTLE RED HOT is a super-fun Tex-Mex re-imagining of Little Red Riding Hood from the gifted Eric A. Kimmel, with bright and lively illustrations from Laura Huliska-Beith. I just saw it in real life for the first time, and it is a real charmer, perfect for fractured fairy tale fans.

Little Red Hot loooooves to eat hot peppers, the hotter the better. Why folks say that she could eat the fire out of a stove, but to that she'd answer, "Fire ain’t hot enough." When she gets into some hot water with the wicked Señor Lobo, she knows exactly how to stop him in his tracks... with a little help from a Jalapeno Pie. 


 

Thursday, February 21, 2013

FISH WHISTLE by Daniel Pinkwater

If you follow me on Twitter you've probably already seen me babbling about this, but here it is in the long-form version:

I'm thrilled to tell you that Daniel Pinkwater's FISH WHISTLE is finally available as an e-version.* This is a collection of very short (and hilarious) essays and stories, many of which were originally presented on NPR's All Things Considered.

These little stories are like comfort food for me. I love these the way that I love stuff by James Thurber and David Sedaris - they are instant mood-lighteners, and you don't even need a prescription. Topics range from Hot Peppers (and the eating of them), to Crazy Dogs (and the training of them), to Art (and the making of it), and everything in between. What they have in common is great good humor.

The book originally appeared in 1990 but hasn't been electrified till now. The content has been somewhat refreshed for the new edition and there's a new introduction, so while it is not a carbon copy of the paper edition, all of Daniel's favorites, and more importantly all the fan favorites that we get requests about so often, are included.

AND the collection is currently selling for a mere $2.99 -- get em while they're hot.

**Praise for FISH WHISTLE... From Publishers Weekly

"An inspired satirist, Pinkwater speaks for all who suffer from those "Who Only Stand and Snarl," instead of doing their work; for fat people who can't lose weight; for those who can't find a real Jewish deli; for everyone benighted by life's perversities. In a lighter vein, the author tells about times at home with his wife Jill, their dogs and good friends. But readers will perhaps be most charmed by memoirs of Pinkwater's Polish immigrant parents, especially his father, who is the inspiration for "Fischvistle" and other affecting pieces."

From School Library Journal

"Readers familiar with Pinkwater's books for children will enjoy this collection of humorous adult essays. The man is mad, and so are his comments. He takes on the characters of his small town in upstate New York, as well as those of his childhood; he comments on his weight problem and various methods of weight loss; he recalls incidents experienced while traveling the world. No topic is sacred, and all are cynically hilarious. "

From Library Journal

"Almost anything-- Mad magazine, shopping malls, being a writer, air travel--will set off and away his fancy flutters on a brief, airy little excursion. He is a writer with whom the reader goes lightly. He writes to amuse, and rarely does one feel that the effort of facetiousness is too ferociously sustained... the book is wholesome medicine for gloomy moods."

--
* The fine print: Currently FISH WHISTLE is only available for Kindle, though other e-reader versions are forthcoming. It should be downloadable throughout the world (though foreign price depends on local currency and is not set by us.)

** Reviews for the original hardback edition.

Saturday, February 16, 2013

Marissa Meyer at HVYAS

As many of you know, each month I co-host an awesome event for YA book lovers at Oblong Books and Music in Rhinebeck. The Hudson Valley YA Society has been going strong for two years now, and I'm proud to say that the events just keep getting better and better. WE LOVE YA BOOKS AND READERS!

I want to draw your attention to the event TOMORROW, Sunday Feb 17 at 4pm, because it is going to be very special indeed. We're celebrating the release of Marissa Meyer's SCARLET (the sequel to the amazing CINDER).  If you haven't read CINDER, it's essentially a reimagining of Cinderella, if Cinderella was a cyborg. SCARLET picks up where Cinder left off, but also introduces two new characters... Little Red Riding Hood, and a very big very bad Wolf indeed. These books are thrilling and addictive and we're SO excited to meet Marissa Meyer.

But it's not JUST Marissa... what makes this one even cooler is, she'll be in conversation with her editor and publisher, Liz Szabla and Jean Feiwel. If you are curious about the "behind the scenes" world of book publishing, this is really the event for you. Come with questions! There will also be some very special giveaways and prizes. Oh and of course cupcakes... mustn't forget those. :-)

To RSVP for this event, click here.

If you can't make it but would like to order signed books, click here

Hope to see you at Oblong!

x Jenn