From Written Word Media:
What publishing trends will 2022 reveal? What will change for indie authors in the coming new year?
Every year at Written Word Media we analyze our own data and talk to industry experts to get an idea of what’s going on in the world of publishing, and what publishing trends authors and publishers can expect in the upcoming year. Here are our top eight publishing trends for 2022.
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Direct Sales for Authors Continue to Grow
More authors saw success with direct sales from their own websites in 2021, and we see this continuing in 2022. Bryan Cohen of the Sell More Books Show says that authors with a following could see the largest gains here.
“Many higher-end authors who are looking to expand their brand will consider the wild world of direct sales on their own website,” said Cohen. “The learning curve there is steep, but these authors will embrace the value of growing their team to help them pull off the seemingly impossible.”
Mark Leslie Lefebvre of Draft2Digital also sees direct sales growing in 2022.
“As tools and platform availability make it easier, such as plug-ins for WordPress or other sites, and as savvy authors continue to build upon their author newsletter strategies, they can drive more people to get their books direct,” said Lefebvre. As more tools, like Shopify and BookFunnel proliferate, direct sales become a more viable channel for authors.
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Book Prices Will Increase
At Written Word Media we’re big believers in discount promos or free first-in-series books, but we also see some authors increasing their set prices in 2022. An increase in price can make a discount promo even more appealing, especially a Kindle Countdown Deal where readers can see how much they are saving, and it can signal quality to readers.
Craig Martelle, best-selling author and 20 Books Vegas host says that changes in the entertainment and social landscape in 2022 will contribute to price changes. “Prices will go up. We’ve already seen that with paperbacks since paper and shipping have both increased in cost, but we’ll see it with ebooks, too,” said Martelle. “Entertainment value for discretionary income leads us back to quality over quantity. Good books will always be able to find an audience.”
In 2022 we see more authors increasing the prices of backlist titles to increase revenue and experiment with better margins.
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More authors will consider writing and publishing serializations via reading apps
This trend comes to us via Jane Friedman who thinks that more authors will experiment with new formats in 2022.
“If you have kids who read any fiction at all, they likely have read something at Webtoon, Tapas, or Wattpad,” said Friedman. “While many see online literature and webcomics as separate from the traditional publishing market, that thinking is likely to change. Webcomics companies are adapting popular novels into their format, and popular online stories are moving into print.”
While Amazon’s Kindle Vella hasn’t had the readership many authors hoped for, a slow start doesn’t mean serialization, or Kindle Vella, are dead. In fact, Friedman says that serialized storytelling is poised for continued growth and sees signals coming from international markets.
“Webtoon, Tapas, Radish, and other online reading apps have seen dramatic growth during the pandemic and operate profitably. While online and serialized literature continues to be more popular with writers in Asian markets, they also attract US authors, especially genre fiction authors, who can earn extra money from serializations and adaptations into mobile storytelling formats. Royal Road is now seen by digital-first publishers as rich territory for mining talent (like Wattpad before it), and Inkitt received millions in funding for its serialized storytelling app, Galatea,” said Friedman.
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1 thought on “The Top Eight Publishing Trends For 2022”
Serialized storytelling is poised for continued growth…..I guess that’s probably true. I know infants and babies are probably grow much more in height this year then me. Doesn’t mean they’ll finish the year anywhere near my eye level.
Or maybe the more appropriate statement is a seed is poised for growth, but people have a hard time paying the same price for a seed as they do for it as a full grown plant
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