Mom Tycoons Index
> Earning From Your Website >
Selling Advertising
Selling Advertising Space in Books
Don't you wish companies would offer you money to include
an ad about them in your next book? Most of us would love such
an infusion to our writing income. A question about this
coveted practice arrived in my in-box just this week.
Wendy wrote in with the following:
"Several years ago, my first health-related book was
released. I am in the process of updating the manuscript and
preparing for the second edition. While doing so, I also did a
little research and found several companies whose nutritional
products would benefit my reading audience. Before approaching
these companies, I plan to set up a mock page with their
product, formatted in the style of the section of my book for
which it would be placed. However, before I approach these
companies, I would like to have a good idea of a realistic
dollar amount to ask for featuring their product. How do I go
about finding out what a 'customary' fee should be for someone
to advertise their product in a book?"
Unfortunately, this is one of those "what to charge"
questions that you won't find any firm answers to no matter
where you look. If you feel you have a manuscript that may
interest potential advertisers, there are several questions
you should ask yourself.
Self-Published or Not?
Is your book going to be self-published or is a traditional
house interested in it? If you're turning over the rights to
your manuscript to another company, they will want to do any
advertising negotiations directly and they'll probably choose
not to sell any advertising at all. If they do, they'll be
paid for that advertising space. If you're self-publishing,
you, of course, get to keep any advertising income that comes
in.
Are you established or unknown in your genre or field?
Let's be realistic. Unless the author already has a
built-in customer base through current contacts, such as
prominent membership in a large organization, ownership of a
successful electronic or print publication, writes a newspaper
or magazine column, has impressive sales on a past title, or
has the potential to draw incredible press based on current
events, advertisers just aren't going to want to risk their
money on someone who can't offer them any distribution and
publicity guarantees. Your chances of success in this endeavor
will be much greater if you're already known in your field, if
you have had past success with book sales on a previous title,
or if you have a really incredible opportunity to draw press
(i.e. "I was Saddam Hussein's Personal Assistant" or "Michael
Jackson's Plastic Surgeon Speaks Out"). Authors with a strong
local angle may have success selling ads to local companies.
Fiction or Non-Fiction
Fiction authors won't have as much luck as non-fiction
authors in attracting advertisers, and must be pretty creative
to figure out advertising candidates for their titles. But,
this can actually be fun.
One idea for fiction authors is to attract sponsors instead
of advertisers. For example, you might be able to convince the
manufacturer of a certain type of lingerie to pay you to have
your main character only (and repeatedly) wear their brand of
lingerie in your romance novel. Or, if there is another type
of recurring theme in your book (like your character
frequently drinking a certain brand of soda), you may be able
to work a deal with a manufacturer of that product. If one
manufacturer says no, try switching brand names and
approaching another. I'm sure your character won't mind being
addicted to, say, Dr. Brown's (yes, that's a real soda)
instead of Nehi. Why didn't I mention Coke and Pepsi? Because
I'm being realistic. When trying to work one of these deals,
you should focus on smaller companies that aren't yet a
household name. A small, specialty soda manufacturer will
probably be more receptive than Coke or Pepsi to a creative
sponsorship deal like this.
If my romance novel was set in Bar Harbor, Maine, for
example, my main character might be addicted to Bar Harbor
Root Beer, manufactured by Bar Harbor Brewing Company and Soda
Works. If I were writing a ghost story set in Bangor, Maine,
perhaps I would approach local restaurants for sponsorship
opportunities, before I decide which old restaurant houses my
protagonist spirit. Sure, my first choice would be The Sea
Dog, right there on the Penobscot River, but there are other
riverfront restaurants in the area that would work just as
well. If you think about it, you can probably come up with
some pretty clever ideas! And, using local companies and
locations increases your chances of local press! In addition,
any local companies appearing in your book will probably want
to carry copies of your book on consignment for their
customers.
If your book does sell well and eventually lands a
traditional contract and sells even better, whatever company
your character is associated with may very well be a household
name in the future.
You may also be able to convince other authors who write
for your genre to run ads in the back of your book for their
own books...though they'll probably just offer you an ad swap.
But, why not swap ads with your author friends and help each
other out this way?
For non-fiction authors, the possibilities are much
greater...and less creativity is required when trying to
determine who might want to advertise in your book. Simply
create a list of product and service categories that will
complement the topic of your book. Which companies might your
readers be most interested in? Approach them about running ads
in your book.
Having a hard time coming up with a list of potential
advertisers? Pick up a magazine that targets your book's
audience and make a list of the advertisers appearing therein.
You can usually find some quick contact information about them
in their ads, too.
Continued on Page 2
|