A Literary Agency Getting Authors Published Well
Does a self-published book author need an agent?
It’s too bad that Digital Book World has placed the details of its research into its member’s only archive.
Some interesting points, however, shared in a webinar on February 7, 2013, answer the question that self-published book authors DO need an agent.
Here are two reasons:
- For those published in whatever channel, three goals topped the list: (1) establish a career; (2) earn money to sustain that career; and (3) author something people will purchase.
- While only self-published authors made the least in royalties or commissions, the highest earning group was so-called hybrid authors who combine traditional and self-publishing outlets for their works.
Hybrid authors, according to the survey, are distribution focused, especially on building communities with, at most, soft-selling. They market themselves and want more control of their rights.
Combine this survey work with (1) publishers treating self-published books as its new slush pile (both for trends and actual pick-up titles) and (2) the practice of agents helping their clients put back-list titles into ebook formats. The result is that self-published authors would benefit from an agent’s expertise.
But, what about agents? The survey reported that hybrid authors made on average $4,155 (at 15 percent) on a traditional author and could have made on average $5,775 on a hybrid author. That’s nearly a 40 percent increase on average for an agent’s commission.
My Book Agent seeks and handles authors who start out thinking about self-publishing as well as those who picture being published in a traditional manner.