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How To Get A Book Published - The Competition Is Tough In The Book Publishing Industry
How to get a book published is a question every author asks themselves.
How difficult is it to get a book published by a commercial book publisher? Well the odds are better gambling in Las Vegas. It has been estimated that 25 million people in the United States consider themselves writers and only 5% have been published anywhere. At any one time 5 to 6 million manuscripts are looking for a publishing home.
Most major book publishing houses, and many small presses, will not accept submissions that aren�t represented by a literary agent. During the research of The Publishing Primer: A Blueprint for an Author's Success, we asked literary agents how many unsolicited query letters/proposals/sample chapters, they receive. For the typical agency it is close to 5000 per year. On the average these agents accepted only 11 new clients, that�s about 1out of every 500 submissions.
Of course writers submit to more than one agency in the hopes of obtaining representation which makes the odds a little better, but not much.
It has been estimated that the five large book publishing companies, Random House Inc., Penguin USA, Simon & Schuster, Time Warner and HarperCollins, account for nearly eighty percent of all book sales in the US. This has occurred for the same reasons any other industry goes through consolidation: by combining certain administrative or staff functions, costs can be reduced and profits increased. Publishing, relative to many other industries, has not enjoyed a high Return on Investment (ROI) for investors. Now, book publishers are much more focused on having every single book they publish be profitable. This means a more risk averse philosophy, with a preference for publishing authors with successful track records--a sound business strategy.
How to get a book published by a commercial book publisher isn't an easy task, but with perseverance and a good book you can do it.
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