New Publishing Trends in 2023
The world of publishing is constantly evolving, and the upcoming years will bring some exciting new trends for authors and entrepreneurs. Publishing in 2023 will look different than it does now, with exciting innovations that could change how we write, promote, and distribute books. As an author or entrepreneur looking to get ahead in this industry, it’s important to stay on top of these trends and be ready to adapt. In this blog post, we’ll highlight some of the top publishing trends to watch for in 2023.
Artificial Intelligence Use
The writing industry is undergoing a revolution with the innovative use of AI technology. As the power of AI continues to grow and develop, authors are turning to AI technology for assistance in their writing process. Since ChatGPT’s widespread usage and popularity, numerous tools are available for writers, which can help improve creative output, conquer writer’s block, and generate unique book promotion concepts. Even bigger tech names like Google and Apple have joined the fray now with software capable of producing audiobooks narrated by AI.
Audiobooks are only going to increase in popularity over the next few years. Well known companies like Amazon, Audible, and Apple are investing more in audiobooks and other audio related technology. Additionally, podcasts such as our Elite Expert Insider Podcast, will be a key outreach method for new authors as more people turn to audio based content.
Social Media Marketing
Speaking of new forms of content, you might consider joining the millions of readers and authors participating in #booktok. This topic has billions of views on TikTok, and publishers are taking notice. Last year, TikTok and Barnes & Noble Kicked off their #BookTokChallenge designed to connect the leading voices of the community with in store sales. Anyone with the right plan can grow their influence and attract readers by making videos and publishing them across social media platforms.
One of the biggest trends of the past few years has been the diversity among the stories that are told and the authors that write them. The Time’s Most Anticipated Book List is a prime example of the range of stories that are being highlighted in the current publishing market. With the addition of social media trends like #booktok it is more possible than ever to get your book off the ground.
A new trend emerging in the publishing industry is hybrid publishing, where authors are given more control over the publishing process. With hybrid publishing, authors work with a publishing company (Elite Online Publishing is a great example) that offers an array of packages, from editing, marketing to distribution. This new business model allows authors to retain control over their intellectual property and share in the profits, making this an affordable and profitable approach for authors.
NFT publishing has already made a mark in 2022. Publishing your book as an NFT is a great way to diversify your method of publishing. Blockchain technology has the potential to provide a more transparent and secure way to distribute and sell digital content, ensuring that authors get paid fairly, and their intellectual property is protected. We recognize the significance of this incredible technology and have even started publishing NFT books.
The changing world of publishing will require authors and entrepreneurs to be adaptable, tech-savvy, and creative. The publishing trends in 2023 offer exciting opportunities for authors to reach new audiences, control their work, and increase revenue.These trends also offer incredible opportunities to reach new audiences, experiment with new formats and channels, and engage customers in new ways. Stay ahead of the curve with Elite Online Publishing. Take advantage of our expertise to help position yourself for success in the years to come. Whether you are an aspiring author or an established entrepreneur, understanding the latest publishing trends can give you a competitive advantage, and we hope this blog has empowered you to embrace the future.