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Appleseeds by Niki Mathias's avatar

I have never worked in publishing, I'm merely a wannabe debut author. However, I have 20 years experience as a corporate executive in a F100 company... which means I mentally translated both this article and your previous one into an analysis of risk management. When you frame book purchases as a business decision that the publishing executives have to manage, they are fundamentally assesing the potential risk and benefits of every single author and individual book. They are trying to predict the possible upside and downside to every expenditure/purchase.

My observation is that as publishing as become more disrupted, and the industry become more mature, the industry leaders have become increasingly risk averse. As an agent, you are looking at the creative value of every individual single book, and I love this perspective. Truly! And as executives within a large corporation, they are always assessing the potential risk of every purchase. A debut author has unknown risk and unknown benefit. An author with a sales track, has more data that can be assessed to determine their risk. I can't help but see all of this through the lens of risk management.

I completely AGREE with your premise and argument, 100%. But I would suggest that it's not the editors who are shaping this culture and mindset - it's the senior publishing executives that are ultimately beholden to their investors and owners, who expect strong financial returns. And those execs also need to be able to "defend" their purchasing decisions at the end of the day. It's harder for them to "justify" purchasing the second book by an author if the sales track wasn't good, it opens them up to second guessing all their business decisions. The higher ups can't as easily question a debut purchase, because there's zero data to analyze.

This is the same reason football coaches sometimes call plays that are not statistically likely to work - because they can "justify" the play call to their stakeholders, because that's what the stakeholders expect and want. Unfortunately, the coaches - and editors - are beholden to others higher up in the system, which influences their individual decisions.

Within the overall publishing system, I'd suggest the customers aren't even the bookstores, the customers are the investors and shareholders. Which is an even bigger problem to fix.

In the meantime, please keep looking out for authors and readers, they are why we're all here anyway!

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Brittany Veenhuysen's avatar

Can I just say - I LOVED your initial post, and I also love your updated points. I still agree with your Bob example, too. Booksellers are absolutely the publisher's customers, and it makes perfect sense that they would care about previous sales data - for me, this means that your message is for booksellers too! It still comes down to Bob wandering through shelves at the end, ya know? Bob, scanning the shelves, not recognizing the name of an author but intrigued by the book itself. There are so many elements that all culminate in that moment. Keep writing awesome, fiery stuff :)

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