The New Publishing Model

Last week, I requested that you download a FREE copy  of my latest novel. First, a big Thank You to those who did and, if you have not yet, please consider doing so. 

Kingfisher: Slave To Honor – Free Novel by Alon Shalev

Given that many of my audience read Young Adult material, I should have pointed out that this was definitely written for adults. I apologize to those who were offended and thank you for reaching out and sharing in such a constructive way.

I have also received questions about why this company and how they work. Inkitt, the publishing house, does not work like a traditional publishing house. The staff are young tech people, who are not looking for a story that resonates with a particular staff member, rather they judge a book’s potential using a complex set of algorithms.

business stats

They are interested in how long it takes to download a book, how quickly you start to read it, how far you get, and what review you give. They ask questions about what price you would be willing to pay and other analytics that I am unaware of.  

As the author, I have my own analytics page, where they show me  much of what I mention above. I can see how many chapters have being read, how many copies are downloaded, and the reviews are public. I have a bar which shows the progress in terms of data they have collected that will enable them to make a decision. I am about one-third of the way there (so please feel free to help – download, read, review).

I find the process fascinating. In the 15 years that I have been writing, I have reached out to agents, imagined the groaning “slush pile” table in a New York office (I know it is mainly electronic now and hear the trees sigh with relief). I imagine agents and publishers dining in Manhattan over power lunches, and so much more.

'Oh yes we're very proud of him. He's in publishing you know!'

While this might be the romance of the industry that agents and publishers want to perpetuate, I suspect the reality is closer to what Inkitt is doing. There are sharp business people poring over industry projections and statistics, who truly make the decision, and it is not because they fell in love with the novel’s protagonist.  

The publishing industry has been forced by the change in market to hunker down and avoid risk. Their behaviors, I suspect, are more akin to other profit-driven companies, and they use the emerging technologies to help them make strong decisions.

In a sense, this is what new companies like Inkitt are doing, the difference being that as part of the generation who grew up in the technology age, they see no shame in embracing it publicly. 

It will be interesting to see how it plays out. Thank you, as always for your support, Please help me stay in the game – download, read, and review.

Thank you,

Alon

——————-
ALON SHALEV
At The Walls Of Galbrieth, Wycaan Master Book 1, 2013 Eric Hoffer Book Award Winner – YA Category.

Learn more about the Wycaan Master series at http://www.alonshalev.com/

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