Self-publishing survey results

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A few months ago, I published a survey aimed at self-published authors.  The results are in.  Here are some of the key points:

  • Writing more correlates strongly to more sales.  Which way the causation goes is difficult to say, but few people with just one or two books make a living from writing.  The average number of books published by authors responding that they make a living was above 6, and that’s probably on the low side, since I only had an option for 10+ books on the high end for the survey.
  • Most authors don’t make enough to live off of, but many aspire to.
  • The top categories were: fantasy, science fiction, mystery, romance and thrillers, in that order.
  • Most people self-published first, although a significant number – around 25% – first published through a traditional publisher.
  • Fiction was significantly more common than non-fiction.
  • In terms of pricing, between 1 and 6 dollars is where the bulk of authors are selling their books.
  • “Social media”  – Facebook and Twitter – are a popular way to market books.  This is something people could probably learn from, as email is reportedly a much more effective means of reaching a lot of people, yet fewer people report having mailing lists.

For anyone who has been following the self-publishing world, I don’t think the results are all that surprising, but it’s good to see some confirmation.

Here are some charts created with the results:

The results can be found here if you’d like to make your own charts from them.  Just be sure to link back to this post:

https://docs.google.com/spreadsheets/d/1qsmjO-9CqLQe0lr4Ek8WowHLtUL9ahWZrYYcgRNEjBE/edit?usp=sharing

Making the most of your book’s “extras”

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Many non-fiction books have worksheets, templates, large images, videos and other material that isn’t particularly suited for inclusion in the Kindle file.  What should you do with them?

Here’s a plan that can help you “kill two birds with one stone”:

Place your materials on your web site.  You have a web site to market your book with, right?  If you don’t, now would be a good time to create one!  Something like WordPress.com is pretty good for starters.

On your web site, you’ll want to group your materials together so that they’re easy to find, and include some prominent links back to your book on Amazon or wherever it’s for sale.  This way, people who have stopped by for the ‘free materials’ will get a polite pointer to your book.  And, realistically, most ‘free materials’ are not worth too much without your book to explain them in detail, so don’t feel like you’re giving everything away by making them available to the public.

Your readers will appreciate this too: think of a spreadsheet that you want to share with them to help them calculate something.  In a Kindle book, it won’t turn out very well compared to the real thing (it’ll just be an image of the actual spreadsheet), and certainly won’t be something they can download and quickly start playing with in Excel (or OpenOffice!).  On the other hand, if the file is on your web site, your readers can open it up on their PC’s and use it how it was meant to be used.  Maybe it’s useful enough that they share it with a few friends.  If you’ve done things right, and included a prominent link to your book and web site in the spreadsheet itself, maybe those people will go on to purchase your book too!

This works for virtually any kind of  ‘extras’ that won’t fit in your Kindle files – the key is to make them easily available to the public, and prominently link to your book on both the web site and in the materials themselves.

Step by Step Publishing Game Plan

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I’m working on a book to distill some of what I’ve learned running LiberWriter and thought I’d share the heart of the concept here.

The basic idea is to take advantage of the properties of eBooks and publish your book in steps, reinvesting money from profits as you go.  This will help you minimize what you spend and give you the chance to cut your losses if you find it’s simply not selling.  Here is the game plan:

  1. Put up a web site advertising your upcoming book.  This should have the goal of collecting email addresses of those interested in hearing about the book when it’s out.  Bonus points if you also have a “blog” associated with it, and maybe a Twitter handle.
  2. Write the book.
  3. Have the book proofread.
  4. Make sure the book is formatted well for the Kindle.
  5. Have a cover made for your book.
  6. Publish the eBook on Amazon.
  7. Email everyone on your list to let them know the book is available for purchase!
  8. … time passes …. How is it doing?  If it’s doing well, you can reinvest some of your profits:
    • A fancier cover
    • A more in-depth editing of the book.
  9. If it’s doing well, fix it up for sale with other eBook vendors like Barnes & Noble and Apple.
  10. How is it doing?  Selling well?  Get a print-on-demand version set up so that people can order a physical copy of the book.

The book will go into some detail about each of these steps and the reasoning behind them, but that’s the basic outline.

If you’re curious about the upcoming book, sign up for the LiberWriter newsletter here: http://eepurl.com/dqDrb or sign up for updates to this blog.

Self-publishing survey

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It’s pretty evident that self-publishing in the age of the Kindle has turned a corner, from a niche activity into something that many people are participating in, for the most varied of reasons.

We’re curious about your experience, so we created this survey:

https://docs.google.com/forms/d/1xykSejxRHY898F2ECc_yCJ7Kwv0QcwIJdt4Ya_fDtyY/viewform

It just takes a few moments to fill out, and we’re happy to share the anonymized results with you if leave us your email.  We won’t use your email for anything but sending you the results – no spam!

If you would be so kind as to share the survey with any other authors you know, we’d appreciate it!

Review: The Everything Store: Jeff Bezos and the Age of Amazon

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http://www.amazon.com/Everything-Store-Jeff-Bezos-Amazon-ebook/dp/B00BWQW73E/?tag=dedasys-20

The Facebook, Apple and Microsoft stories have been made into movies.  Google’s founders are fairly well known, but Amazon’s Jeff Bezos and the company he created are far more opaque.

This book changes that.  Detailing the rise and rise of Amazon, this is the most comprehensive description of what makes Jeff Bezos tick, how he works, and how he runs his company.

As such, I’d highly recommend it to anyone with an interest in Amazon and the many, many markets it touches, from cloud servers to streaming video to all kinds of things you can buy and have shipped to your house.

Critically for such a private person, the book builds on several interviews with Bezos.  Apparently, those are not so easy to come by, due to Bezos’ understandable desire for privacy.  While any biography is unlikely to be perfectly accurate, and despite Bezos’ wife commenting on the book’s faults, I do get a sense that it’s better than anything else that has been written on the subject to date.

Some things that stand out about Amazon’s way of doing things:

  • They are highly customer focused.  It’s easy to see this in the numbers, too: http://finance.yahoo.com/q/ks?s=amzn+Key+Statistics : the profit margin is 0.31%. Compare and contrast to Google at 20.91%, Microsoft at 26.9%, and Oracle at 29.33%!   They are very clearly reinvesting a lot of money in the company, and simply giving customers good deals.  Numerous quotes attest to this throughout the book:

“Bezos believed that high margins justified rivals’ investments in research and development and attracted more competition, while low margins attracted customers and were more defensible.”

“Like Sam Walton, Bezos sees it as his company’s mission to drive inefficiencies out of the supply chain and deliver the lowest possible price to its customers”

“We don’t make money when we sell things. We make money when we help customers make purchase decisions.”

  • Relevant to Kindles:

One of the primary conclusions from their research was that a good book disappears in the reader’s hands. Bezos later called this the top design objective. “Kindle also had to get out of the way and disappear so that you could enter the author’s world,” he said.

  • This quote makes a great deal of sense for those trying to sell something on the internet.  There’s no longer a lack of storefront space, like along a busy road, but getting people’s attention among all the other people trying to sell stuff is very difficult:

“In a world where consumers had limited choice, you needed to compete for locations,” says Ross, who went on to cofound eCommera, a British e-commerce advisory firm. “But in a world where consumers have unlimited choice, you need to compete for attention. And this requires something more than selling other people’s products.”

  • On eBook pricing.  Granted, given how long it takes an author to write a book, the paper and other bits are really inconsequential when we talk about costs, but still, it feels a bit insulting to readers to sell an eBook at a higher price than a paper one, especially because you can’t resell the eBook.

“Customers are smart, and we felt like they would expect and deserve digital books to be lower priced than physical books,” says Steve Kessel.

  • Occasionally, Amazon steps on other people’s toes.  Part of the reason is that they, like Google, and perhaps Microsoft before them, grew so quickly that they still have some of the “go get ‘em” startup mentality.  That’s something you need when you’re a small company competing against giants, but when you’re a giant thinking that way, sometimes it leads to people getting stomped on.

“It’s a weird mix of a startup that is trying to be super corporate and a corporation that is trying hard to still be a startup,”

Bezos comes across as being 100% dedicated to Amazon and its customers.  Occasionally this is depicted as being very rough on the people who work with him at Amazon, but the book conveys a sense that it’s not just about making more money for Bezos (although he certainly has), or exercising power, but about improving the company and their customers’ experience, whatever the cost to the people involved.

Certainly, there are many more chapters yet to be written in the Amazon story, but if you’re curious about the man and the company he built, this is the best book on the subject.

Kindle Formatting for Fiction Books

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Giving readers the ability to “lose themselves” in your book has always been a main goal for the people who design and develop the Kindle at Amazon.  Readers should forget about whether they have a paperback, a hardbound book, a Kindle, or a mobile phone in their hands and concentrate on the story you, the author, have written.

Here at LiberWriter, that’s our mission too: ensuring that nothing, including bad formatting, gets in the way of your readers’ experience.  Your book should look good on the Kindle and have all the features that readers expect, such as a working table of contents that allows them to skip around, should they need to.  We also do a thorough cleanup of the book to remove any formatting artifacts left by the program you used while writing your book. MS Word, for one, is notorious for its, well…we like to think of them as “droppings” in the sense that we need to clean up after them!

Fiction books are really where the Kindle shines.  Having grown up with paper books, I’ll admit that, for certain kinds of reference books, I’m still partial to paper, even though I buy more and more on my Kindle just for the expedience factor; having the book within minutes without leaving the house is a huge plus.  Also, books about rapidly changing topics, such as computer programming, quickly become out of date, so it’s better not to clutter up the house with thick books that are no longer relevant.

On the other hand, a novel is the type of book that you sit down and read from start to finish, usually for enjoyment, without flipping back and forth between sections, and this works wonderfully on the Kindle.  I was impressed the first time I realized that I was speeding through a novel as quickly as possible on my Kindle, without any cognizance of what I was reading it on. I was really “lost” in the book, and I began to realize that eBooks were not just a fad or something to use when you have no other option.

The main reason why fiction books work so well on the Kindle, in technical terms, is that they “flow” very well.  The contents do not need to be “just so” in order to read well, the way non-fiction often does. The rule for fiction books is that bad formatting will get in the reader’s way and detract from the story, so it should be avoided at any cost. Anything that isn’t bad is probably ok.

Since most fiction books are fairly straightforward, they do not usually need much work to make them look good.  That’s why we price them at an intermediate price: http://www.liberwriter.com/pricing .  Non-fiction books that are simply essays also fit well in that category. However, once you start to add charts, images, tables, and the rest of the great stuff that goes into many non-fiction books, then we have so much more work to do, so, naturally, they cost more.

Many of our customers ask us how to best prepare their novel for Kindle formatting.  Luckily, the answer is easy: keep it simple!  This is covered in more depth in this post: http://blog.liberwriter.com/2013/11/09/best-practices-in-word-for-kindle-conversion/ .  When all is said and done, as an author, especially as the author of a fiction book, you should concentrate on writing the best book you can and worry about formatting only when the book is finished.

Translating Your Book – Is It Worth It?

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There are a lot of people in the world who do not speak English as their native language.  Even most of the people who can get by in English on vacation or for business reasons probably prefer their native language when it’s time to kick back and read a book.

So clearly, if your book is available in their language, it’ll sell more copies! “Where can I get started?”

Not so fast – translating a book is a difficult, time consuming endeavor that is going to cost a lot of money if done properly.

It’s not enough to sort of speak another language – the translator must be a native speaker of the language they are translating to.  For instance, many years ago when I did translations, I would only translate to English (my native language) from Italian (the other language I speak) even though there’s probably more of a market to translate into Italian from English.  To properly translate something, you have to read it and understand it completely – the nuances and subtle meanings and everything else – and then rewrite in your own language in a way that both preserves the original meaning and sounds good.  Most people know that literal translations are not very good, but beyond that, you need to capture the tone and style of the author as much as possible, while still writing something that sounds good in the target language.  Even the reading part of the process, let alone the rewriting, is fairly involved, as you can’t just cruise through the book, enjoying it.  You have to read and fully digest every single phrase.  Then you have to go through, again, reading, writing, and reorganizing, a bit at a time.

It’s a very time-intensive process, but one you don’t want to try and get done on the cheap, because the people reading the results are going to think that the shoddy work is probably your fault, as the author.  Even determining who is a good translator and who isn’t is not an easy process – without speaking the language, you can only go on reputation!

In other words, the whole thing is a headache that you, as a new author, don’t need.  Build up some profits from your writing, and worry about translating when you’re comfortably established as an author, and can afford to get things done properly.