Tag Archives: Penguin

Crowdfund your novel – new ways to get your fiction published

We have an occasional writer Ivy Ngeow. She has had many short stories published, and has a new novel on the Unbound (part of Penguin, Random House) writers’ crowdfunding site.

NEWS Jan 16 2017: 44% funded in first month (two months to go)!
Visit the new crowdfund novel Heart of Glass by Ivy Ngeow here >

Ivy Ngeow novel Heart of Glass pitch video
Ivy Ngeow novel Heart of Glass pitch video

It is a finished and agent-edited thrilling novel about crime in Chicago and Macau, near Hong Kong China. You make a pledge (pre-purchase) and get your name in the credits inside the book. If the pre-sales don’t get to the target figure, the crowdfund stops, and you get all your money back, so there is no risk.

Heart of Glass novel crowdfund Ivy Ngeow 2017
Heart of Glass novel crowdfund Ivy Ngeow 2017

It is set in an anxious time, when Ronald Reagan became President of the United States, who was seen as very inexperienced. There were problems with Russia, which was still Communist at the time (and was the USSR – how long ago that sounds!). Of course, now we have Trump, Russian problems, etc. Perhaps there are historical parallels? You’ll have to read it to find out.

The way the crowdfunding works is that the publisher remove their risk by making the author raise the full cost of the first print run, before they publish it. The figures are high – £4000 for Ivy Ngeow’s novel, and can be much higher for non-fiction books or very long illustrated novels. This is a lot of pre-sales. Once it has succeeded, the publisher will take it on as a ‘normal’ book and market it via their channels. Unbound (Penguin) had a big hit last year with The Good Immigrant (essays) and have many successful books out.
So support our own writer here:
Crowdfund novel Heart of Glass by Ivy Ngeow here >