What’s the best ‘crowd’ for ‘crowd-funding’?

Having done my deal with Unbound.com to publish my next book ‘Burning Secret‘ – a crime story set during the Cumbria foot and mouth disease crisis in 2001- there’s now a link unbound.com/books/burning-secret to the page where the project is explained, illustrated and presented in a video. Alongside all this information is a list of possible pledges that interested people can make, ranging from the simplest – the ebook of ‘Burning Secret’ – to the more elaborate, a customised tour of West Cumbria with the author (me) to find the key sites and settings of my novels. The project needs hundreds of these pledges, small and larger, to reach the target fund and get the book published.

2013-11-14-crowdfundingIt’s called ‘crowd-funding’ – a term only vaguely familiar to me before I started down this road. I wonder how it really works: do people actually pay money up front for something that may not appear for months, and if so what motivates them to do so?

Apparently Unbound are interested in this too, and the research they’ve commissioned seems to be saying that people like to feel part of the project: their willingness to join this ‘crowd’ is about being a member of a shared enterprise, an insider, a patron not just a reader.

I have to admit that as a pre-internet adult, growing up before ‘social media’ were even dreamt of, all this has been something of a mystery to me. More importantly, I guess it must be something of a mystery to many of my readers too. Book buyers of my generation expect the book to be finished and ready to buy before we pay our money for it. We might buy online, but this ‘pre-order and be part of the supporters’ club‘ notion may feel odd.

If that’s true, if the baby-boomer generation doesn’t ‘get’ crowd-funding, then I need to think again about finding those pledges. ‘You have to nag people,’ is the advice I get about this, but nagging goes against the grain. I feel I have a relationship with many of the people I’m asking for pledges, and that this relationship could be jeopardised by pushing them to behave in a way that feels unfamiliar. ‘Do this for me, please’ sounds whiney and manipulative.

Clearly I have some thinking to do, or perhaps I’m just reacting too quickly and the crowd-funding process just takes longer than I expected. In the meantime the necessary link  https://unbound.com/books/burning-secret is being widely shared, but the numbers of visits to the link far outweigh the number of actual pledges. Is this what happens?

Here’s the question, does the crowd ‘pond’ from which pledges are drawn need to be wide and shallow, or small and deep?  Maybe I should focus on getting a smaller number of high-level ‘donations’ and sponsorship, rather than chasing individual pre-orders. Any suggestions?

The ‘Unbound’ contract is signed, so what now?

How did this happen, and now that it has, am I up to it?

I started to write relatively late in life: going on a course on ‘How to Write a Novel’ was my 60th birthday present to myself. Four years later I published my first novel ‘A Good Liar’ and four more have followed since then, one each year since 2012. I tried half-heartedly to find an agent or an independent publisher, failed and gave up. Being self-employed for 25 years provided a degree of self-reliance that was useful in the decision to self-publish, and to do so I well as I could, investing my own hard-earned savings where necessary. I did, and it worked, My books have sold thousands of copies, but most of the sales have been within fifty miles of where I live. They’re all set in Cumbria, and this is obviously very attractive both to locals and visitors, but the stories themselves transcend the setting: it’s the people who matter, what they do, how they feel, how they relate to each other and the lives they lead.

Knowing that the stories are wider than the setting, the promotion and distribution problems that all self-published writers face have been frustrating. With few exceptions, the prejudice against self-published books has been obvious: no reviews, no access to mainstream competitions, insufficient ‘celebrity/literary profile’ for acceptance as a speaker at the book festivals, scant regard from buyers for the major booksellers. Fortunately, I enjoy and am good at talking about my work, and do so regularly at libraries, local writers’ groups, and for Women’s Institutes and other organisations. As a result direct sales of my books are a large part of the overall total. The writer in me gets great satisfaction from readers’ appreciation of what I do, but the entrepreneur in me has been frustrated by the book world’s assumption that self-published novels are ‘ipso facto’ second-rate.

In the end, after all my planning, the invitation to move into a wider publishing world came by accident. At the end of one of my library talks a man introduced himself and told me about his daughter who works for a London-based publisher called Unbound. I listened, but people often tell me that they have contacts in the publishing world and almost invariably it comes to nothing. A week later, however, an email arrived from the daughter, a Commissioning Editor with Unbound, who’d been regaled by her parents about my books – which they love – and my talk. We met, we talked, we negotiated, and less than two months later the deal is done: I will publish my next book in 2018 through ‘Unbound’. With a working title of ‘Burning Secret’, it will be a family/police/crime story set in Cumbria in 2001 at the height of the Foot and Mouth outbreak. Next time I’ll explain in detail the stages of writing and publication over the next year or two. For the time being, check on Unbound, and look at ‘How it Works’. In a couple of weeks my project will go live on the Unbound website, video, pitch, pledges, the works. I’ll post regularly about the process here and through the Unbound website. If you want to share the journey, I’d be delighted.

Crowd-funding – what’s it all about?

Last year I heard about  Unbound publishing for the first time. At first it sounded like a scam, reminding me of when someone I know went to work for an iUnbound photonsurance company and pestered all her friends relentlessly to buy a policy so she got the commission. Crowd-funding a book? I couldn’t understand why someone would pay money for an unfinished product and get nothing in return.

Recently, I’ve learned more about Unbound, and the picture is getting clearer. Firstly, Unbound have to be convinced about the quality of an author’s writing: it’s not in their interests to be promoting and publishing poor books. Secondly, people don’t just send money, they ‘pledge’ an amount of their choosing, depending on the ‘level’ of return they want. They can pledge for an ebook, or a special edition hard back, possibly with their name in it as a ‘subscriber’, or even an invitation to the launch party It’s the way commercial publishing was managed in its infancy, more like a ‘pre-order’ process with bells and whistles. If the necessary level of funding isn’t reached, subscribers can ask for their money to be returned, or transferred to another ‘project’. While the writing is in process the author will keep subscribers in touch with how they’re going, probably through a blog like this one – ‘writing about writing’.

So much for the subscribers’ reward, what does the author get out of it? For a start, they get 50% royalties, which is a vastly better deal than the norm, and could be seen as payment for the effort the author undoubtedly will put into the raising of the initial money. They get more of a partnership with the publishers, and a really well-produced edition of their work which their readers will look forward and value. They also get – as far as I understand – a ‘trade’ edition of the book, published in paperback some months after the hardback, and distributed through Penguin Random House. Yes, Penguin Random House – doesn’t get much bigger than that.

There’s the upside. What’s the downside? Well, if you want to go down this road as an author you’ve got to be happy to promote the funding campaign by any and all means short of pestering and alienating your friends. You do the video explaining your writing life and your hopes for the new book, you talk to people directly and through social media, you invite people to feel part of the project you are undertaking. If this sounds tacky, or scary, or beneath your dignity, then don’t sign up for crowd-funding.

You may have gathered that I’m interested in Unbound. If I get the chance to work with them, I’ll take it. It’s not for everyone, but it sounds like something I would enjoy. It would also give me the chance to reach a much wider readership than I have been able to reach so far, without sacrificing my hard-won self-publishing independence. I would relish the sense of involvement and partnership and appreciate the help with the technical aspects of book production. Wouldn’t you?

Reading your own audiobook: is it a good idea?

I’ve been reading a piece in this quarter’s ‘The Author‘ from the splendid Society of Authors, about the frustrations of listening to a reader making a poor job of recording your book, and being powerless to intervene. And anheadphones-with-microphone-on-white-backgr-clip-artother piece from Alice Jolly about the merits of the partnership arrangement with a ‘crowd-funding’ publisher, as exemplified in her experience of ‘Unbound’. Both are mainly about the relationship between the author, the book and the publisher.unbound

One of the benefits of self-publishing is that the author is never pushed away from important decisions about her book and expected to leave to others the question of cover, design, print run, other formats, promotion – all the things that so radically affect the link between writer and reader.

Very early on I considered who should abridge and read my books for the audiobook version. There were cost implications of course: doing it myself would save a lot of money. But the decision to trust myself wasn’t just about money. Abridging is tricky and requires a feel for the overall story, and who knows these books as well as the person who wrote them? Successful reading too necessitates a feel for the text and the context, accents, nuances of the characters and the plot, and here again the author – if she knows her setting as well as she should – is best placed to do justice to the words. If you have a teaching background, as I do, you’ve spent many years using your voice to engage an audience, and the skills don’t fade, even if you’re talking only to the microphone.

So I found a local recording studio and am doing everything necessary to prepare and read my own books. It’s hard and time-consuming, but I’m learning a great deal about the flow of the text from reading it out loud. And it’s restoring my faith in my own capacity to tell a good tale, after the thankless task of trying yet again to interest an agent. Have a look at an earlier post to hear my agonising about that.I’m asking again – do I need an agent?

If you can afford it, and if like me you have the power to make your own decisions, consider doing your own audiobook. Very instructive!