3 Differences Between a Demographic and Your Market

I get a lot of proposals or pitches that say “there are 157 million women in the US, that’s my market” and unfortunately they’re mixing up the difference between a demographic and a market. Publishers (especially publicists) don’t take well to these things because it makes someone seem out of touch from a marketing and sales perspective which is very worrisome considering writers are doing more and more to market their own books–and publishers expect them to.

THE THREE MAIN DIFFERENCES BETWEEN A DEMOGRAPHIC AND A MARKET:

1. A Demographic is a population which generally unknowable in a marketing sense (without data), a Market is data-driven, tangible, and accountable. A Demographic is a fact and often an unattainable group. A Market is an engaged group of probable book buyers rooted in proof.

2. Do you know how to actually reach that Demographic? If so, you’re starting to get a Market.  If you don’t know how to market to these groups then they aren’t your market–you can’t reach them to share your book news.

Market:

  • Do you have a newsletter with subscribers or mailing list?
  • Do you have an engaged social media following with numbers to back it up?
  • Do you have a podcast with regular listeners?
  • Do you belong to any associations or groups (writing, alumni, or professional)?

3. Can you quantify the number of people that will directly encounter your promotion, marketing, or publicity? That’s your Market. Family, friends, co-workers, social media followers, subscribers, associations, groups–this is your market! They will be the people that you share your promotion with. Your publisher will help with bigger markets: their own mailing lists, their distribution reach, their bookstore promotion, their social media circles, existing customers and more. Your publicist will try to increase your market: getting essays, articles, reviews and interviews in front of more eyes. However, you have to do the work too–by knowing the existing market you have and how you want to grow it.

Published by Carly Watters

Carly Watters is a SVP, senior literary agent and director of literary branding with the P.S. Literary Agency. She is a hands-on agent that develops proposals and manuscripts with attention to detail and the relevant markets. PSLA’s mission is to manage authors’ literary brands for their entire career. Never without a book on hand she reads across categories which is reflected in the genres she represents and is actively seeking new authors in including women’s fiction, commercial and upmarket fiction, select literary fiction, platform-driven non fiction and select memoir. She occasionally represents children's book projects. Carly is drawn to emotional, well-paced narratives, with a great voice and characters that readers can get invested in.

15 thoughts on “3 Differences Between a Demographic and Your Market

      1. Yeah, that’s pretty much the conclusion that I’ve come to–writing fiction is essentially a sales job. Pity, I like the writing, but I just can’t do sales.

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  1. Hey, Carly! Great looking site!

    Are agents (or at least in your case) turned off by a non-fiction pitch coming from a writer who has a limited number of followers? Does that writer need to have 10 thousand followers?

    Thanks!

    Like

  2. Reblogged this on WRITTEN REFLECTIONS and commented:
    I’ve recently begun working on my memoir proposal. I’ve found the marketing section to be most confusing. Carly Watters does an excellent job explaining what a market is and isn’t.

    After reading this post, I understand the difference between demographics and market, and that I was confusing the two.

    Like

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