Foreign Rights: Boost Your Book Sales Globally Using a Little-Known Part of the Publishing Industry
Writing and publishing a book is an accomplishment in itself, but if you're looking to maximize its potential, selling your book’s foreign rights can be a game-changer.
It not only extends your book's reach but also opens up new revenue streams.
Want to learn how to sell more books worldwide? Download our FREE guide now →
1) Understand the Basics of Foreign Rights
Before you can start selling foreign rights for your book, it's essential to understand what they are.
In essence, foreign rights are the rights to publish and distribute your book in languages and markets outside your home country.
This includes translation rights, which allow your book to be published in other languages and sold in different territories.
2) Prepare Your Book for the Global Market
To make your book appealing to international publishers and rights buyers, you'll need to ensure it's well-prepared for the global market.
Here are some steps to consider:
Professional Editing: Ensure your book is professionally edited and polished to meet international publishing standards.
High-Quality Cover Design: Invest in a visually striking cover design that appeals to a broad audience.
Formatting: Format your book in a way that's easily adaptable for different publishing formats and digital platforms.
Marketing Materials: Create a comprehensive marketing package that includes a synopsis, author book awards, special media mentions and any promotional materials that might be helpful to international publishers.
Book by David Miles and illustrated by Natalie Hoopes; translated into German.
3) Research the International Market
Understanding the global book market is crucial for successful international rights sales. Research the following aspects:
Target Countries: Identify the countries or regions where your book might have the most appeal. Look for cultures and markets that align with your book's themes or genre.
Local Trends: Stay updated on literary trends, popular genres, and reader preferences in your target markets.
Publishing Industry: Familiarize yourself with the key players in the publishing industry in your target countries, including publishers, agents, and literary events.
4) Connect with Literary Agents and Agencies
Literary agents and agencies play a significant role in selling foreign rights.
They have established connections in the international publishing world, making it easier to secure deals with foreign publishers.
These specialized agencies negotiate these types of rights contracts daily with publishers across the globe, have intimate knowledge of the markets, and solid relationships with only the most reputable publishers in each market.
Consider seeking representation from a literary agent or agency with expertise in foreign rights, like ours at DropCap Rights Agency.
Learn more about DropCap Rights Agency →
5) Attend Book Fairs and Conferences
Book fairs and literary conferences are excellent opportunities to network with publishers and agents from around the world.
Events like the Frankfurt Book Fair and London Book Fair are renowned for their international reach, and are where the vast majority of foreign rights book deals are made.
Our agents attend all these important book fairs every year to showcase our catalog and to negotiate foreign rights deals.
Read More: Behind the Scenes at an International Book Fair
The DropCap Rights Agency team at the 2023 Frankfurt Book Fair.
6) Leverage Digital Platforms
The team at DropCap Rights Agency has been part of those successfully brokering foreign rights deals for authors and publishers for almost three decades. How have we done it? By being at the forefront of technology.
You see, the literary rights world has been – for years– all about who you know.
Our literary agency has a different approach, we created our own proprietary software to help match books with right buyers automatically, simplifying the process from start to finish but also making it so more authors and publishers can take advantage of our services.
Typically, these services were only available to the publishers and traditionally published authors we represent. But we’re on a mission to change all that.
From the day we started DropCap Rights Agency, we knew we wanted to offer a program for self-published authors who didn’t have access to foreign rights licensing through a publishing house or literary agent.
That’s why we created DropCap Marketplace, a platform made exclusively for independent authors and the unique challenges they face in the international licensing market.
Learn more about how DropCap Marketplace works →
DropCap Marketplace helps foreign rights buyers find books in specific genres and niche topics to translate and sell in their home countries—and they are always searching for more amazing books to discover.
Is this the right opportunity for YOUR book? Here’s how to know.
DropCap Marketplace works best when it’s used by authors who are serious about getting their books noticed.
Our hope is that all authors who are part of our marketplace take advantage of the insights and resources we are able to share when you sign up for a subscription.
We even offer exclusive promotional opportunities, including personalized email promotions and featured book fair placement, just to our DropCap Marketplace members.
This is an incredible way to get your book directly in front of foreign rights buyers and increase your chances of landing a book deal exponentially.
DropCap Rights Agency represented books, translated into languages all over the world.
Be Scouted by the Best in the Business
The best part: Every author in DropCap Marketplace will have the opportunity to be scouted not only by our foreign rights buyers, but by our in-house literary agents who are always on the lookout for the next hot title.
If your book is part of DropCap Marketplace and we see global potential, we will reach out to you to offer you formal representation.
The best way to get your book noticed by foreign rights buyers and by our literary agents is to show domestic success first.
The way we see it, DropCap Marketplace allows quality indie authors to showcase their books to the global market AND take advantage of DropCap’s exclusive proprietary software to help them boost sales here at home.
It’s a win-win for any author and a logical part of any long-term publishing strategy.