Publishing With a Small Press: Straddling the Indie-Traditional Gap

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Today’s guest post is by author and entrepreneur Eliot Peper (@eliotpeper).


Yesterday I went on a hike with a good friend who is polishing up the rough draft of his first novel. This is his fourth rewrite and he’s almost “done” (veteran authors know this should say “started”). We talked through some aspects of the story that he’s still wrestling with: character development, tone, and pacing. But the plot thickened as he started asking about his publishing options.

The internet is a black hole for aspiring authors. There’s enough conflicting advice out there to overwhelm even the most enterprising soul. Self-published wunderkinds like Hugh Howey and Barry Eisler demonstrate the possibilities of forging your own path. Big-name authors like James Patterson staunchly defend the merits of traditional publishers. Vicious battles over distribution deal terms with Amazon muddy the picture further.

If you want to send off your manuscript to the Big Five or jump on CreateSpace yourself, countless guides, tips, and checklists will show you the way. But what about the middle road? What if you’re neither self-publishing nor under contract with Random House? What if you work with a small press?

There are heaps of independent publishing companies out there. Many focus on specific niches. Some specialize in investigative nonfiction. Some in steampunk erotica.

My publisher, FG Press, focuses on entrepreneurship. They were founded by a major tech venture capital investor and their readers care about the world of business building. My first novel, Uncommon Stock: Verison 1.0, features a startup CEO who gets sucked into a money laundering scheme in the midst of founding her first company. They liked the story and bet that their audience would get a kick out of it too. As an author, I have benefited greatly by working with FG Press, but I’ve run into a number of specific challenges as well.

Uncommon StockSmall presses often have more flexible contract terms than the Big Five. Traditional publishers typically offer somewhere between 5-15 percent gross royalty to authors and 25% net royalty on ebooks. I received a 50/50 net royalty split and retained many subsidiary rights to my work. If you have specific priorities you want to negotiate, you’ll probably be able to find a healthy middle ground.

Small presses run the production and distribution processes for you. One big benefit of working with a publisher is that they handle the editors, proofreaders, designers, typesetters necessary to produce a high-quality book. They also invest the capital required to cover the associated costs. If you’re cash strapped or hate project management, this can be a panacea. The Big Five have production schedules that often go on for more than a year. My second novel took three months to go from rough draft to launch with production values that rival any Big Five thriller.

Small presses can kickstart your marketing and aren’t afraid to think outside the box. If you’re not already a big name author, Big Five publishers will slot your title into whatever standard marketing package they offer. Often this might mean just a few hours of an intern’s time and a few small ad placements. Self-published authors have to shoulder the marketing burden all on their own. With a lot of gumption and the assistance of FG Press, I set up guest posts and interviews on top blogs and podcasts, a Twitter battle with a tech celebrity, reviews and blurbs from real life startup CEOs, partnerships with blue chip organizations like TechCrunch and Techstars, and more. The typical pattern was for FG Press to introduce me to the relevant person via email, and I would follow up, brainstorm, and execute from there.

UncommonStock_V2With FG Press, I have been able to accomplish many things that I never could have done on my own. But there have been plenty of hiccups along the way. My first novel was their first title, so while the first book was in production I was constantly working with their CEO to muddle through the vagaries of starting a new publishing company. We went back and forth on the title of my second book for weeks. I often felt that they weren’t pulling their weight on promotional efforts (I have yet to meet an author who felt their publisher excelled in this area). I had to get approval to do things that I knew needed doing. It took months to resolve some unanswered contractual questions. We argued over investments like extra rounds of proofreading that I felt were necessary but they didn’t. Plus there were the normal frustrations that come with any kind of collaboration: misconstrued communications, occasional personal friction, competing priorities, etc.

To their credit, FG Press gave me 100% editorial control. If I wanted to change something, I could. Few publishers afford authors this luxury. They also gave me a mandate to experiment and be transparent. We did things no traditional publisher would approve, like serializing the entire first book and releasing it for free on Medium. I also have their blessing to share both the highs and the lows of my experience working with them as an author. Many publishers would balk at the preceding paragraph.

Working with a small press is an option many authors never consider. It’s the shadowy middle ground between self-publishing and a Big Five contract. Authors need to bring the same level of rigor to evaluating their publishing options as publishers bring to evaluating manuscripts. If you don’t hold the tiller, someone else will grab it.

If you’re considering working with a small press, keep these questions in mind.

  • What will you be able to accomplish by publishing with them that you can’t do alone?
  • What promotional efforts will they commit to a priori?
  • Do they have a specific audience or relationships with influencers that are relevant to your book?
  • Do you get along on a personal level and do you want to cultivate a long term business relationship with their staff?
  • Is their contract clear and fair?
  • How will working with them impact your career as an author?

Publishing with a small press isn’t a silver bullet. Authors need to weigh the pros and cons and go into the relationship with the ultimate consequences in mind. The grass may always be greener but daydreaming about paths not taken isn’t going to get you readers or improve your craft. For some, straddling the indie/traditional gap can be a great fit.

The sun was setting over the reservoir as my friend and I finished our hike. A little knot of guilt tightened in my stomach. He had been hoping that with the rough draft almost done, it was going to get easier. Our conversation had thrown a wrench into that notion. Bursting someone’s bubble isn’t fun, but the sooner that authors understand the complexities of the book business, the sooner they can embrace it and get on with crafting stories that touch people’s lives.

Posted in Guest Post, Publishing Industry and tagged , , , , , .

Eliot Peper

Eliot Peper is the author of the bestselling Uncommon Stock Series. When he’s not hacking away at his next novel, he works with entrepreneurs and investors to build ridiculously awesome new technology companies. You can get exclusive updates on his new books and reading recommendations via his newsletter, find out more about him on his blog, and follow him on Twitter.

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34 Comments on "Publishing With a Small Press: Straddling the Indie-Traditional Gap"

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amreade

This was a great post and a succinct primer on many of the big differences between small presses and huge ones. I’m marking it as a “favorite.” Thank you.

A.K.Andrew @artyyah

This definitely is an informative post on weighing up the pros and cons, and as you said the Internet is full of ‘great advice’ about how to publish. But what you missed out was any reference to the upfront costs. Were there any for you to pay for editors, cover artists etc?

Linda K Sienkiewicz

Hi Eliot –First, congrats on your publication! Secondly, you bring up excellent points on the oft-overlooked small presses. I have my first novel, In the Context of Love, coming out in July by Buddhapuss Ink LLC, a terrific press out of New Jersey. I’d like to add that when writers are scoping out small presses to query, check the quality of their books, the covers, and if they’re available in print and eReaders. Take a look at who they publish. Contact a few of the authors and ask them about their experience with the press.

Wolf Pascoe

Small press is something I’m considering. But there are myriad choices on the web, and separating the wheat from the chaff seems to be a problem. Do you know of a reliable list of legitimate small presses?

Adrian

The Submission Grinder has a pretty comprehensive list for free. If you cross-reference the listings against the Predators and Editors website you’d go a long way to building a decently trustworthy listing of small press to chase. Checking their social media interactions is also a good way to see (a) how you can expect some of your marketing to be communicated and (b) what people say back to them. You’d also be surprised what a Google search will bring up about a company.

ryanpettywrites

Since the 1970’s, this has been the gold standard source: The International Directory of Literary Magazines and Small Presses: http://www.dustbooks.com/d.htm (available these days on CD).

Poets & Writer’s Magazine has a database of 397 book publishers for poetry, fiction & creative nonfiction. http://www.pw.org

ryanpettywrites

A better link: http://www.pw.org/small_presses

Another avenue: look to the trade and professional associations for their membership directories.

:o)

Colleen Sheehan
I think a particular distinction is really, really important here: a small press should not charge you anything. If they do, they’re not a publisher, they’re a service provider, and you’ve officially hired them. Publishers, big or small, are employing something of yours to make both of you money. Not the other way around. So, an easy way to help narrow the choice, in my opinion, is: does this small publisher charge money? If the answer is yes, cross them off. They’re actually just a service provider that wants you to spread their name via calling them your publisher. You… Read more »
Jane M. Juza

I love this article. Thank you for sharing.

Shawn Smucker

Thanks, Eliot. Usually I find it hard to see the value in going with a small press, but you’ve given me something to consider.

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[…] Publishing With a Small Press: Straddling the Indie-Traditional Gap, by Eliot Peper – “The internet is a black hole for aspiring authors. There’s enough […]

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[…] the Big 5 publishers, but there are many other routes to publication today. Eliot Peper discusses the pros and cons of going with a small press, Joel Friedlander gives 4 pathways to publishing without a traditional publisher, Nathan Bransford […]

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[…] are “indie” authors, but not all “indie” authors are self-published. Small presses and self-publishers have equal claim to the indie publishing category. They should share it. They […]

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[…] Publishing With a Small Press: Straddling the Indie-Traditional Gap: Small presses are a mix of traditional and self-publishing that can bring a lot of good for authors, who can negotiate contract terms more than traditional publishers. Smaller publishers also run production and distribution processes for their authors, kickstart marketing, and are creative in their marketing. […]

Suzie Quint
I’m not sure if you’re including primarily epublishers in the small press category or not, but there’s one huge drawback that you didn’t mention and that’s that there have been a few that have had spectacular meltdowns. The authors involved with those publishers can spend years fighting for unpaid royalties and rights reversions. Ellora’s Cave, one of the very first and, at one time, highest regarded epublishers is only the latest (and most spectacular) examples of the nightmare publishing with such a company can turn into. Sadly, there’s no way to predict which ones will eventually go that route. If… Read more »
anemulligan

I published with a small press and I love them. My agent held back my second book in that series until she saw how they did for me. We just signed a 2-book contract with them. My publisher is incorporating some PR and has added a sales team. So, I agree with you completely. 🙂

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[…] Publishing With a Small Press: Straddling the Indie-Traditional Gap […]

Education Paper

You have very technical stuff and it gives me information. Thank you

Roz DeKett

Completely willing to submit to small presses but (even as a veteran internet search fiend) I’m having real trouble finding those that consider literary fiction (or possibly, upmarket women’s fiction). What are the best ways to find independent publishers? Or is lit fic not a big thing for them and that’s why they appear to be few and far between? Thank you.

Jane Friedman

Hi Roz – I suggest using Duotrope.com to find small/independent presses and literary publishers.

blake

Great post! I have been self-publishing for two years and was approached by my editor to join a small press. The main reason I am considering it is that I will be able to focus more on writing and less on production. When editing, cover art, formatting, and marketing are all in your hands, it can take a lot of time. As I became more professional and tried to produce a higher quality book, the costs continually increased. I think alleviating that cost up front is very appealing.

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[…] Publishing with a Small Press: Straddling the Indie-Traditional Gap […]

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[…] Book Group, HarperCollins, MacMillan Publishers, Penguin Random House, Simon and Schuster). Here is a wonderful article by Jane Friedman on the pros and cons of small presses, but suffice it to say, what attracted me to them was that they handle the editing, production, and […]

Oasis

Excellent article. You’ve clearly defined the process/role of small press publishing. The website for FG Press is not available. I would love to learn more about it. Is there a link you can provide?

Jane Friedman

You can try looking at their Facebook page – https://www.facebook.com/fgpress/ – but it appears the press may be out of business already – one of the risks of publishing with small presses!

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