All About Publishing Auctions

auctionI’m blogging at Books & Such today. Here’s a preview:

One of the things that always generates excitement among authors is the prospect of an “auction” between publishers for their book. But there’s also a mystique surrounding auctions, and many writers wonder how they actually work. So let’s pull back the shroud of mystery and peek at what an auction looks like.

Why are auctions so exciting?

The prospect of an auction means that several publishers are interested in your book. That’s exciting in itself, but more than that, the high level of interest means publishers are confident that they can probably sell a lot of copies, so of course that means a higher advance (than if there wasn’t an auction). Knowing people are excited about the book, combined with the prospect of decent money, is one of the best things that can happen to an author. So the excitement is warranted.

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Rachelle Gardner

Literary agent at Gardner Literary. Coffee & wine enthusiast (not at the same time) and dark chocolate connoisseur. I've worked in publishing since 1995 and I love talking about books!