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This week Morgan James landed another spot on the annual Publishers Weekly Fast Growing Independent Publisher List. We’ve been blessed to be on the list 8 times over the last 10 years. Our unique, Entrepreneurial Model, valuing the relationship with the author and helping them succeed, has enabled us to continue to grow. We publish Current, Consistent, Relevant titles that Educate, Encourage, Inspire, & Entertain Available that are available Everywhere Books Are Sold.
Here is what PW says this year: Morgan James came roaring back in 2017, posting a 35% increase from last year, giving the company a 32% sales gain in 2017 over 2015. According to president David Hancock, the rebound was led by titles from its core business—entrepreneurial business nonfiction. But he adds that the publisher did have its first fiction bestseller last year: On the Clock by Tim Enochs and Bruce Tollner hit #1 on the Los Angeles Times and landed spots on the New York Times and USA Today lists. The novel was one of two frontlist books to be among Morgan James’s top five sellers last year; the other was Expert Secrets by Russell Brunson, whose DotCom Secrets, released in 2015, was the company’s top seller in 2017.
Overall, Hancock says, Morgan James is seeing continued solid sales from its growing backlist, mostly in trade paperback. Unlike most larger trade houses, Morgan James has seen an increase in e-book sales, and growth has been strong enough that the company is preparing to launch an e-book subscription service through which subscribers will have unlimited access to all Morgan James titles for a $10 monthly fee.
The company also expanded its international efforts last year, opening an office in Vancouver, which lifted sales to Canada. It also now has an office in Melbourne and just opened in London. As part of Morgan James’s international expansion, Hancock says he expects to soon sign an enhanced distribution deal for global print sales with Ingram Publisher Services that he hopes “will help our international sales significantly.”
Finally, Hancock says he is “strategically” releasing more hardcover titles, and the publisher is joining with the rest of the industry in taking advantage of the boom in audiobook sales through the recent hire of an audio publisher “to lead the charge.”
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