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Why 
Wri'ng 
/ 
Before 
Publishing 
Producing 
for 
an 
Audience 
/ 
Crea'ng 
for 
yourself? 
What 
is 
the 
Point 
/ 
Publishing 
Path 
& 
Road 
Map? 
/ 
Wri'ng 
& 
Vision 
Tradi'onal 
business 
strategy 
plans 
have 
components 
Sounds 
a 
bit 
theore'cal? 
OK, 
here 
is 
the 
version 
for 
author 
publishing 
Vital 
Plan 
/ 
Selling 
Book 
What 
Makes 
your 
book 
so 
Special? 
Who 
will 
want 
to 
buy 
your 
work? 
Compe''on 
Format(s) 
of 
your 
Book 
How 
do 
you 
plan 
to 
promote 
your 
product 
(Book/eBook) 
What 
are 
your 
Marke'ng 
Strategies? 
Calcula'ons 
& 
Pricing 
What 
is 
your 
'metable 
for 
wri'ng, 
edi'ng, 
book 
produc'on, 
marke'ng 
etc?
W h y 
a r e 
y o u 
wri,ng? 
Are 
you 
crea,ng 
for 
y o u r s e l f 
( a s 
a 
hobby, 
just 
for 
the 
fun 
of 
wri,ng) 
– 
or 
for 
an 
audience? 
Before 
you 
explore 
author 
publishing 
possibili,es 
in 
this 
series, 
let 
us 
first 
have 
a 
look 
at 
your 
business 
strategy 
plans 
as 
an 
author 
and 
the 
most 
important 
ques,on 
> 
Can you answer these questions: 
How many books with the same topic / the 
same genre are on the market? 
Why should a potential reader buy your 
book as opposed to other same or similar 
books out their in the market – perhaps 
some who have been established for some 
time (some with good Reviews)? 
What is the sales ranking of these works? 
How are these books priced? 
What is the social media ranking of the most 
successful writers in this genre? 
Where are these books sold on-and-off- 
line?
• playing by at least some rules of the industry 
• caring what others think of your work 
• establishing an authors platform from which to communicate 
• interacting with your audience and being available to them 
• doing things not for your art, but out of service to your 
audience 
• putting on a performance, or adopting some kind of “brand” 
• marketing your work and being visible 
Writing is worthwhile for you, regardless of who sees your 
work. 
Why should authors have a business strategy plan? 
Unfortunately many writers first create their work – and ask 
questions later. Any author can write a book, but only a 
successful author knows s/he is now in business. 
Again: “Writing is an art – publishing is a business!” 
A serious business! 
The advice you read here is based 
on the assumption that you want to 
entertain, inform, increase your 
audience and eventually earn 
some money with your writing.
What is the point? 
There is no point to go without some kind of strategy in place if your 
objectives really are in building a writing career. 
It is never too early to treat your writing as a business – no one would open 
an events business without a plan! 
Publishing Path & Road Map? 
A business strategy plan can help new (and established) authors to clarify 
the proper publishing path for their works. 
A business strategy plan serves as a road map, helping to keep the project 
and related endeavours like marketing and platform building on schedule 
and for the author to track the results of his or her efforts. 
Writing & Vision 
The business strategy plan starts when you start thinking about writing a 
book, it covers all aspects of your future work. 
At the moment you begin a novel or non-fiction book, you must already 
have a clear vision of the message, the audience and even the outlets where 
it can be sold.
Financial 
factors 
Design & 
development 
plan 
Executive 
summary 
Business 
description 
Competitive 
analysis 
Market 
strategies 
Opera,ons 
and 
management 
plan
Topic 
/ 
Genre 
& 
Target 
Audience 
Readers 
• The 
topic/genre 
of 
your 
work 
fic,on 
/ 
non-­‐ 
fic,on 
• You 
target 
audience 
/ 
readers 
Compe''ve 
parameters 
on 
the 
market 
• Your 
compe,,on 
online 
and 
in 
book 
stores 
• The 
likely 
contents, 
length, 
format 
etc. 
of 
the 
book 
Assessment 
of 
possibili'es 
on 
the 
market 
• Your 
marke,ng 
and 
promo,onal 
strategies 
• The 
expenses 
you 
face 
for 
publishing 
and 
promo,ons
Vital 
Plan 
/ 
Selling 
Book 
It 
is 
vital 
to 
have 
a 
business 
strategy 
plan 
because 
your 
books 
and 
you 
are 
the 
products 
to 
be 
sold. 
It 
makes 
some 
writers 
uneasy, 
but 
without 
a 
plan, 
you 
cannot 
truly 
figure 
out 
a 
way 
for 
your 
book 
to 
sell 
itself. 
Think 
of 
it 
as 
a 
map, 
guiding 
you 
from 
starving 
writer 
to 
successful 
author. 
What 
Makes 
your 
book 
so 
Special? 
No 
point 
in 
wri,ng 
a 
book 
if 
you 
do 
not 
know 
why 
or 
if 
it 
is 
special. 
Many 
writers 
write 
books 
they 
would 
love 
to 
read, 
many 
write 
books 
who’s 
marke,ng 
studies 
show 
readers 
are 
buying, 
some 
write 
books 
because 
the 
subject 
is 
risky 
or 
has 
never 
been 
explored 
before. 
Know 
why 
you 
and 
your 
book 
is 
special 
– 
and 
most 
important: 
what 
is 
the 
readers 
benefit 
of 
buying 
your 
novel 
or 
non-­‐fic,on 
book. 
Who 
will 
want 
to 
buy 
your 
work? 
Jot 
down 
all 
those 
people 
who 
likely 
will 
want 
your 
book, 
why 
the 
will 
want 
it 
and 
how 
effec,ve 
they 
will 
be 
at 
geUng 
more 
people 
to 
want 
it. 
Know 
who 
your 
readership 
target 
is. 
Do 
you 
have 
enough 
(at 
least 
2,000 
on 
each 
social 
media 
outlet) 
contacts 
to 
spread 
the 
word 
about 
your 
book? 
And 
with 
contacts 
I 
do 
not 
mean 
other 
writers, 
I 
mean 
READERS, 
bookworms, 
book 
lovers, 
book 
clubs, 
avid 
readers, 
reviewers! 
That 
is 
the 
type 
of 
audience 
you 
will 
want 
to 
look 
for.
Compe''on 
• Research in bookstores and online, how many and which books will be comparable 
to the one you are writing. Check them out in libraries, on reader forums, such as 
Goodreads, Shelfari or Wattpad. 
• Visit independent stores and go to big chains research these books on all online 
stores, not only Amazon, find out what genres are they placed, what reviewers say, 
how their author pages are designed etc. to get a real picture of your competition – 
and your potential readers. 
Format(s) 
of 
your 
Book 
• Books can be sold in many formats and also in many languages. Research at least 
these three popular formats:- 
• e-­‐book 
format 
pdf 
ePub 
iBook 
• audio 
format 
• Print 
format 
How 
do 
you 
plan 
to 
promote 
your 
product 
(Book/eBook) 
You 
know 
people, 
hopefully 
lots 
of 
people. 
Online 
and 
off-­‐line. 
And 
those 
people 
know 
people. 
Unless 
you 
can 
spend 
thousands 
of 
pounds 
every 
months 
for 
adver,sing, 
you 
should 
plan 
now, 
before 
you 
write 
your 
book 
social 
networking, 
book 
events, 
gaining 
interviews, 
speaking 
engagements, 
seeking 
book 
reviews 
and 
a^ending 
book 
shows. 
Schedule 
all 
these 
ac,vi,es 
in 
advance, 
add 
as 
many 
readers 
as 
possible 
to 
your 
current 
accounts 
on 
reader 
community 
sites, 
all 
social 
media 
sites 
– 
minimum 
are: 
Goodreads, 
Twi^er, 
Google+, 
Pinterest 
and 
Facebook.
OK, 
your 
book 
is 
available 
on 
Amazon 
or 
in 
your 
local 
book 
store, 
but 
where 
else 
might 
it 
fit 
in 
perfectly? 
Other 
online 
retailers 
where 
you 
can 
sell 
your 
book? 
Stretch 
your 
mind 
and 
think 
crea,vely: 
Libraries, 
book 
clubs, 
foreign 
right 
sales 
… 
there 
are 
so 
many 
possible 
outlets 
for 
your 
book. 
Find 
out 
what 
is 
their 
commissions 
are, 
and 
how 
much 
you 
would 
make 
on 
each 
sale 
of 
your 
book. 
Both, 
digital 
and 
print 
books 
need 
to 
be 
proofread, 
edited 
and 
then 
forma^ed, 
not 
to 
forget 
a 
really 
fabulous, 
en,cing 
cover. 
Pricing 
on 
print 
books 
is 
largely 
based 
on 
the 
number 
of 
pages 
in 
the 
book 
and 
quality 
of 
binding, 
costs 
for 
cover 
design 
and 
book 
layout. 
Pricing 
is 
also 
dependent 
on 
making 
print 
books 
available 
for 
a 
wider 
distribu,on 
than 
just 
Amazon. 
Since 
a 
wider 
distribu,on 
is 
used, 
books 
must 
be 
priced 
so 
that 
the 
other 
outlets 
will 
be 
offered 
wholesale 
pricing. 
Turbulence 
in 
the 
rapidly 
changing 
eBook 
world 
should 
also 
be 
taken 
into 
considera,on. 
Pricing 
may 
be 
subject 
to 
change 
based 
on 
sales, 
current 
pricing 
trends 
and 
need 
to 
create 
upward 
movement 
in 
Amazon 
rankings. 
Books 
may 
be 
discounted 
if 
it 
fits 
with 
marke,ng 
strategy 
and 
promo,on. 
Do 
not 
forget 
other 
expenses, 
such 
as 
web 
design 
and 
hos,ng, 
adver,sing, 
marke,ng 
expenses, 
phone 
and 
internet, 
travel 
cost 
etc. 
The 
good 
news: 
you 
can 
deduct 
them 
from 
your 
writers 
income.
What 
is 
your 
'metable 
for 
wri'ng, 
edi'ng, 
book 
produc'on, 
marke'ng 
etc? 
After you have figured out your market, your reader 
audience, your competition and your sales 
planning, you will feel much better, having a clear 
vision of your writing / publishing career. 
A business strategy plan does not have to be scary, 
especially for a simple business such as your 
writing business. In fact, a business plan should be 
somewhat comforting. It spells out what you want to 
accomplish, in which time frame and how you plan 
to do it.
ISBN 978-1-291-28412-6 
9 781291 284126 
90000
© Copyright - iGO • [iGO eBooks™] : 2014

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Business Strategy Plan for Authors & Publishers

  • 1.
  • 2.
  • 3. Why Wri'ng / Before Publishing Producing for an Audience / Crea'ng for yourself? What is the Point / Publishing Path & Road Map? / Wri'ng & Vision Tradi'onal business strategy plans have components Sounds a bit theore'cal? OK, here is the version for author publishing Vital Plan / Selling Book What Makes your book so Special? Who will want to buy your work? Compe''on Format(s) of your Book How do you plan to promote your product (Book/eBook) What are your Marke'ng Strategies? Calcula'ons & Pricing What is your 'metable for wri'ng, edi'ng, book produc'on, marke'ng etc?
  • 4. W h y a r e y o u wri,ng? Are you crea,ng for y o u r s e l f ( a s a hobby, just for the fun of wri,ng) – or for an audience? Before you explore author publishing possibili,es in this series, let us first have a look at your business strategy plans as an author and the most important ques,on > Can you answer these questions: How many books with the same topic / the same genre are on the market? Why should a potential reader buy your book as opposed to other same or similar books out their in the market – perhaps some who have been established for some time (some with good Reviews)? What is the sales ranking of these works? How are these books priced? What is the social media ranking of the most successful writers in this genre? Where are these books sold on-and-off- line?
  • 5. • playing by at least some rules of the industry • caring what others think of your work • establishing an authors platform from which to communicate • interacting with your audience and being available to them • doing things not for your art, but out of service to your audience • putting on a performance, or adopting some kind of “brand” • marketing your work and being visible Writing is worthwhile for you, regardless of who sees your work. Why should authors have a business strategy plan? Unfortunately many writers first create their work – and ask questions later. Any author can write a book, but only a successful author knows s/he is now in business. Again: “Writing is an art – publishing is a business!” A serious business! The advice you read here is based on the assumption that you want to entertain, inform, increase your audience and eventually earn some money with your writing.
  • 6. What is the point? There is no point to go without some kind of strategy in place if your objectives really are in building a writing career. It is never too early to treat your writing as a business – no one would open an events business without a plan! Publishing Path & Road Map? A business strategy plan can help new (and established) authors to clarify the proper publishing path for their works. A business strategy plan serves as a road map, helping to keep the project and related endeavours like marketing and platform building on schedule and for the author to track the results of his or her efforts. Writing & Vision The business strategy plan starts when you start thinking about writing a book, it covers all aspects of your future work. At the moment you begin a novel or non-fiction book, you must already have a clear vision of the message, the audience and even the outlets where it can be sold.
  • 7. Financial factors Design & development plan Executive summary Business description Competitive analysis Market strategies Opera,ons and management plan
  • 8. Topic / Genre & Target Audience Readers • The topic/genre of your work fic,on / non-­‐ fic,on • You target audience / readers Compe''ve parameters on the market • Your compe,,on online and in book stores • The likely contents, length, format etc. of the book Assessment of possibili'es on the market • Your marke,ng and promo,onal strategies • The expenses you face for publishing and promo,ons
  • 9. Vital Plan / Selling Book It is vital to have a business strategy plan because your books and you are the products to be sold. It makes some writers uneasy, but without a plan, you cannot truly figure out a way for your book to sell itself. Think of it as a map, guiding you from starving writer to successful author. What Makes your book so Special? No point in wri,ng a book if you do not know why or if it is special. Many writers write books they would love to read, many write books who’s marke,ng studies show readers are buying, some write books because the subject is risky or has never been explored before. Know why you and your book is special – and most important: what is the readers benefit of buying your novel or non-­‐fic,on book. Who will want to buy your work? Jot down all those people who likely will want your book, why the will want it and how effec,ve they will be at geUng more people to want it. Know who your readership target is. Do you have enough (at least 2,000 on each social media outlet) contacts to spread the word about your book? And with contacts I do not mean other writers, I mean READERS, bookworms, book lovers, book clubs, avid readers, reviewers! That is the type of audience you will want to look for.
  • 10. Compe''on • Research in bookstores and online, how many and which books will be comparable to the one you are writing. Check them out in libraries, on reader forums, such as Goodreads, Shelfari or Wattpad. • Visit independent stores and go to big chains research these books on all online stores, not only Amazon, find out what genres are they placed, what reviewers say, how their author pages are designed etc. to get a real picture of your competition – and your potential readers. Format(s) of your Book • Books can be sold in many formats and also in many languages. Research at least these three popular formats:- • e-­‐book format pdf ePub iBook • audio format • Print format How do you plan to promote your product (Book/eBook) You know people, hopefully lots of people. Online and off-­‐line. And those people know people. Unless you can spend thousands of pounds every months for adver,sing, you should plan now, before you write your book social networking, book events, gaining interviews, speaking engagements, seeking book reviews and a^ending book shows. Schedule all these ac,vi,es in advance, add as many readers as possible to your current accounts on reader community sites, all social media sites – minimum are: Goodreads, Twi^er, Google+, Pinterest and Facebook.
  • 11. OK, your book is available on Amazon or in your local book store, but where else might it fit in perfectly? Other online retailers where you can sell your book? Stretch your mind and think crea,vely: Libraries, book clubs, foreign right sales … there are so many possible outlets for your book. Find out what is their commissions are, and how much you would make on each sale of your book. Both, digital and print books need to be proofread, edited and then forma^ed, not to forget a really fabulous, en,cing cover. Pricing on print books is largely based on the number of pages in the book and quality of binding, costs for cover design and book layout. Pricing is also dependent on making print books available for a wider distribu,on than just Amazon. Since a wider distribu,on is used, books must be priced so that the other outlets will be offered wholesale pricing. Turbulence in the rapidly changing eBook world should also be taken into considera,on. Pricing may be subject to change based on sales, current pricing trends and need to create upward movement in Amazon rankings. Books may be discounted if it fits with marke,ng strategy and promo,on. Do not forget other expenses, such as web design and hos,ng, adver,sing, marke,ng expenses, phone and internet, travel cost etc. The good news: you can deduct them from your writers income.
  • 12. What is your 'metable for wri'ng, edi'ng, book produc'on, marke'ng etc? After you have figured out your market, your reader audience, your competition and your sales planning, you will feel much better, having a clear vision of your writing / publishing career. A business strategy plan does not have to be scary, especially for a simple business such as your writing business. In fact, a business plan should be somewhat comforting. It spells out what you want to accomplish, in which time frame and how you plan to do it.
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  • 15. ISBN 978-1-291-28412-6 9 781291 284126 90000
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  • 17. © Copyright - iGO • [iGO eBooks™] : 2014