Hi all,
So thought it was about time for an update on this pitching without an agent lark.
Here it is:
Fiction: Lots of initial interest, some gushing rejections, then nadda for six months. Followed up, no-responses across the board.
Non-fiction: Had two publishers come back. Went for meetings, did follow up research costing hundreds of pounds in one instance.
Both publishers came back with 5k or sub-5k advances, arguing that they would be expensive books to produce as they include maps and colour.
That's fine as an argument, however, I'd been open about the costs/formats from the outset, they were both still keen to publish - it is a clearly defined long-term, mid-list market that sells every year and hasn't been exploited in the UK - but they'd effectively only publish at my expense. One was clear enough to tell me that they expected all of their authors to foot the costs of research.
So, say for example, initial costs would have been 8k, advance 5k paid in three tranches, you'd get 1600 up front and have to cash flow the rest with advances/rights etc coming back years down the line. Very bad business case. Sadly neither publisher could talk coherently about rights or royalties without getting aggressive and insinuating that as an author I should be thankful for whatever they offered.
If I had to parody their names, they'd be Spunk Publishing and Triple AAA (hint: both names have too many letters).
This second book is still out with other non-fiction publishers, which I'll follow up on in due course. But I have figured out that if I research each section of the book as magazine articles I would make around 20k for the research and could then publish myself. I also have a large motor sponsor on-board for that project.
So, not great news fronm Trad publishing from my end I'm afraid. However I have self-pubbed the fiction work this morning:
http://amzn.to/y9PxB9 Which means I'll be writing from now on rather than waiting around!
The upshot of this process is that I had just as much success as my former agent and will continue to write and pitch as always