How the Economy Affects the Dreams of Writers

Earlier this week, our team discussed the soon-to-be-relaunched (and incredibly improved) Because we’ll have so much more value to offer (e.g., all listings from the niche Market Books, like Poet’s, Novel & Short Story, and Children’s Writer’s), we need to implement new subscription models and pricing.

As part of this meeting, our customer service rep extraordinaire, Nancy Parish, offered some fascinating statistics from the past few months:

  • In August, 4.8% of subscribers who canceled said they couldn’t afford the service.
  • In September, 2% of subscribers who canceled said they couldn’t afford it.
  • In October, 29% of subscribers who canceled said they couldn’t afford it!

Definitely points to the strange things happening in our econonmy these days, though the common wisdom about the Writer’s Digest business has always been: When times are tough, people still hold onto their writing dreams, and even look to writing to hopefully provide extra income.

I’m wondering if this is really true: Does writing still stay front and center in our lives during good times and bad? Do we look to it as refuge AND rescue?

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0 thoughts on “How the Economy Affects the Dreams of Writers

  1. Sue Fagalde Lick

    I think Connie and Patricia are right. If you’re really serious about being a writer, you’ll keep the tools you need to do it. But as money gets tight, then you need to make sure you’re not wasting money on things you don’t use. For me, paying for Writer’s Market means I’d better use and submit as much as possible.

  2. PatriciaW

    Of course aspiring writers, actors, athletes, even plumbers, hang on to their dreams in tough economic times. Because when you feel the crunch, the importance of your dreams grows exponentially. It’s the place of solace, refuge, and light that helps you to weather the tough times.

    Aspiring writers will write. They will also be pragmatic, cutting back on subscription services, conference travel, memberships, and other things that serve a purpose but aren’t necessities when there is no revenue to offset these expenses.

  3. Connie Brooks

    I think hard times sort out those who aren’t serious about writing from those who are.

    Like any profession, it takes a ton of hard work and perseverance to succeed.

    It’s sad that people would use the economy as a reason to give up, but I think that’s the case.

    If writing truly is both refuge and rescue, then no amount of stress will pull you from your goal – no matter what the economy is doing.