Wanna Make More Money?
I’ve noticed there’s a perception among writers that if you want a bigger advance, you need to go ABA (as opposed to CBA).* Sometimes when I’m talking to possible clients, they ask me if I think maybe their book should be shopped with the NY publishers. When I ask for their reasoning, it’s usually to get a higher advance.
I’ve been doing as much research as I can on this, and certainly advances are hard to pin down, but there’s a lot of evidence that first-time novelist advances are comparable in ABA & CBA. One source cites the median first-novel advance amongst secular writers as $5,000. I’d have to say that’s on par with Christian publishing.**
But here’s something interesting. The same source cites the following statistic:
8 Median advance for agented novel: $6,000
8 Median advance for unagented novel: $3,500
I said on Friday that an agent can usually get you enough additional advance to make up for their 15% commission, and it seems the statistics bear this out.
Make of it what you will…
* By “ABA” I’m talking about mainstream secular publishers, while “CBA” is the catch-all term for Christian publishing.
**One of my sources is here.