RT17: Indie Authors Can Max out Their Revenue Streams

Every year the RT Booklovers Convention promises a rousing good time for readers, authors and industry professionals. But among all the late-night parties and reader events, authors — both established and aspiring — can walk away with new info!

Self-published authors work hard. After writing their manuscript, they must then juggle the many hats that come with publishing a polished work — editing, copyediting, cover design, publicity … the work can seem endless! One of the #RT17 panels, Cashing in on Different Revenue Streams, had options for authors interested in self-publishing — and outsourcing some tasks. Manning this educational panel was Caroline Acebo, the Acquisitions Editor for EverAfter Romance, Paul Baek, the COO of Radish Media, and Kimberly Brower, a literary agent from Brower Literary & Management.

For example, dealing with rights can be a big job. Some companies like Brower Literary & Management, founded by Kimberly Brower, offer both literary representation and sub-rights management, such as audio, foreign, print and other subsidiary rights. Having an agent who handles these multiple revenue streams can help you make the most from your book. 

Another option for self-published authors is to investigate the world of print. Companies like EverAfter, launched in 2015, work to earn authors brick-and-mortar shelf space. If you are self-publishing, it's important to consider who your audience is comprised of, and how they like to find and read their books.  

From left to right: Radish COO Paul Baek, Literary Agent Kimberly Brower, 

EverAfter Acquisitions Editor Caroline Acebo

Of course, the world of publishing is always evolving and changing. E-books burst onto the scene years ago and now it’s taken for granted that a voracious reader can access hundreds of books on one device. Now, another digital option is opening doors for authors and readers: serialized fiction via apps like Radish and Wattpad.

Radish COO Paul Baek informed con goers that while e-book sales have fallen, those readers haven’t disappeared — they may have simply gone mobile. Baek believes that readers are looking for “bite-sized pieces of fiction.” Differing in some ways from Wattpad, Radish curates their content, and the app offers three payment tiers: Free, Freemium and Premium. Premium content must be paid for, but Freemium is only behind a paywall for an allotted amount of time, it is then available to all readers. 

No matter the publishing path you choose, there are always lots of options to consider as you work to get your books into the hands of the most readers. Remember us when you're famous, won't you? 

You can check out Brower Literary & Management, EverAfter and Radish for more info — they’re all taking pitches! And for more RT17 coverage, we've got ya covered.