In this intriguing discussion, Sean Platt, founder of Sterling & Stone and co-author of Write. Publish. Repeat, shares his insights into the ever-evolving world of indie publishing. He highlights the decline of algorithm-driven strategies and emphasizes the critical need for direct sales. Platt touches on the importance of nurturing reader relationships and adapting to shifting revenue models. He also explores 'genre therapy' for authors and how curiosity can enhance creative marketing, urging listeners to embrace critical discourse in their journeys.
Indie authors must pivot from algorithm-driven strategies to prioritize direct sales and deeper engagement with their readers.
Understanding genre alignment through 'genre therapy' helps authors identify their true narrative strengths for improved market success.
Deep dives
Navigating the Publishing Landscape
The discussion emphasizes the evolving nature of the publishing industry, where traditional avenues like Kindle Unlimited (KU) have become increasingly crowded and algorithm-driven. The speaker reflects on a time when their team realized that as their KU audience grew, their connection with readers diminished, causing dissatisfaction with their work. This led them to pivot their focus towards producing quality intellectual property intended for film and television, rather than settling for the easier but less fulfilling path of creating buffet-style content. The analogy used highlights that customers often choose a buffet not for the chef's culinary skills but for the abundance of options, underscoring the need for authors to redefine their approach to storytelling.
Understanding the Buyer
A key insight shared is the need to identify the different audiences within the market, specifically distinguishing between the 'buffet customers' and those seeking more substantial content. The conversation points out that many authors struggle when their entire business model relies solely on KU customers, who might not be willing to pay for content elsewhere. By choosing to focus on a different audience that values deeper engagement with their work, authors can take back control and create more meaningful connections with readers. This approach requires a strategic shift in perception, moving beyond the typical subscription service mentality toward a mindset that recognizes the unique value of their storytelling.
Genre Alignment for Success
The importance of genre alignment for authors is highlighted, with an emphasis on the necessity for writers to understand their strengths and the types of stories they are meant to tell. An example illustrates how an author with a strong background in romance was actually better suited for thriller writing, an epiphany that occurred after analyzing their preferences and creative inclinations. This led to the implementation of 'genre therapy,' a process aimed at identifying and honing an author’s true narrative voice to ensure they thrive in their respective genres. This strategic realignment not only improves the quality of the writing but also enhances the author's potential for success in the market by creating work that resonates more authentically with readers.
The Balance of Creativity and Business
The conversation stresses the need for authors to balance their creative processes with sound business strategies to achieve sustainable success in a competitive market. By discussing how the speaker’s own company transitioned into a more structured model, they emphasize the significance of understanding the lifetime value of a customer and the importance of building long-term relationships rather than solely focusing on immediate sales. This approach encourages authors to reconsider their motivations and the realities of their business ventures, promoting the idea that creative work can still be fulfilling without the expectation of massive financial success. By fostering a growth mindset, authors can cultivate fulfilling careers built on genuine connections with their audience.
How can indie authors build sustainable careers in today’s ever-changing market? This week onState of the Nation,Joe Solariis joined bySean Platt, founder of Sterling & Stone and co-author of Write. Publish. Repeat. They discuss the evolution of indie publishing, the rise and fall of algorithm-driven strategies, and why direct sales are becoming more critical than ever. From Kindle Unlimited to Hollywood adaptation deals, this episode breaks down what’s next for self-published authors.
Episode Resources: 🚀 Check out Sean Platt'swork here. 🌐 Join the Author Nation Community: Connect with like-minded authors and access exclusive resources in ouronline community here. 💬Join Our Discord: Dive into real-time discussions and connect with authors across the globe in ourDiscord group here. 🎟️Buy Show Tickets: Don’t miss out on the next Author Nation event! Secure your spothere.
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