
Nathan Bransford links to this blog, by someone who in publishing who's got a debut novel coming out and is wondering whether to publish it as a hardcover or a paperback original:
*Frequently, authors are upset by the idea that their books aren't going into hardcover. It just doesn't look or feel as nice. Then, their agents get upset because they think you're not giving the author star treatment. This becomes a serious author relations issue. Everyone WANTS their book to be a hardcover, after all...*But what about the opportunity cost? If the book breaks out, you would be giving up thousands (or more) dollars in hardcover sales. Think of Kite Runner and how long that was in hardcover!!!...
*The age-old review concern—historically, it's been said (has it been proved?) that paperback originals get less (or little, or no) press attention compared to cloth debuts. After all, if a book is a paperback debut, it basically looks like the publishing company isn't taking it seriously. And if your book gets no review attention, it doesn't matter how cheap it is, no one will find it, right?...
Ultimately, the decision was handed down from the publisher, against the editorial assistant's preference for a paperback original:
But what I can't overwhelm is the fact that the profit-to-cost ratio on hardcovers is, for the publishing company (and, after a fashion, the author) three times as high as it is for a paperback. What that means is that in order to be able to afford our first print run at all, we would have to be able to have good faith that we could sell at least three times as many paperbacks in the same time period as we would hardcovers. And unfortunately there are no safe numbers right now; there are no guarantees.
It's an interesting look inside the publishing industry, especially if you prefer paperbacks, as I do.
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