ThrillerCast is back for 2012

ThrillerCast – the podcast I co-host with thriller/action adventure author, David Wood, is back for another year. We chat about anything to do with thriller and genre fiction, and regularly have cool guests on the show.

The first ep of 2012 has just gone live and it’s a corker. We talk about our plans for the year, discuss KDP Select, have some free books to give away AND have a chat with Myke Cole, author of the Shadow Ops books – the first one, Control Point, is out next week from Ace.

 

ThrillerCast ThrillerCast is back for 2012

The books sound great:

Cross The For­ever War with Witch­world, add in the real world mod­ern mil­i­tary of Black Hawk Down, and you get Control Point, the mile-a-minute story of some­one try­ing to find pur­pose in a war he never asked for. – Jack Camp­bell, New York Times Bestselling author of The Lost Fleet series

I’m definitely looking forward to reading that. Myke is a great guy too, and a total nerd for roleplaying games. It’s a fun chat.

Check out the new episode here.

And check out Myke’s site here. You can pre-order Control Point now.

 

This is a reprint from Alan Baxter‘s The Word.

KDP Select Free Promotion: Discoverability Experiment, Part Two

As stated in Part One, my goal in joining the KDP Select program had been simple, to get my two Victorian San Francisco historical mysteries, Maids of Misfortune and Uneasy Spirits, back up to the top 5 rank in the Kindle historical mystery bestseller category. Their ranks had dropped to between 18 and 24 after Amazon added hundreds of titles to that category just before Christmas. The experiment in light of this goal was an unqualified success.

I used KDP Select to offer the Kindle edition of Maids for free for two days, December 30th and 31st. When the free promotion ended, Maids of Misfortune was at #1 in the historical mystery bestseller category, and it has stayed there. In addition, Uneasy Spirits, a sequel to Maids, rose to #8 during the promotion of Maids, and by the end of the first week after the promotion, it had risen to #3 in the historical mystery bestseller category.

What I had not expected when I embarked on the experiment was that Maids of Misfortune would also rise to the top ranks in so many other categories. But it did! When Amazon calculates its rankings, it includes the free downloads. So, when the promotion ended, those 14,500 free downloads moved Maids of Misfortune up to the 400s in the overall Paid Kindle store ranking and to the top 5 in popularity in the categories of mystery, and mystery — women sleuth, and historical romance. This made the book very easy to discover by a much wider potential market than ever before. (I published Maids of Misfortune at a time when Amazon let authors choose more than two categories; for sales purposes, this gives it an edge over other books, like Uneasy Spirits, that are in only two categories.)

This greater discoverability immediately translated into increased sales that have kept Maids of Misfortune up in the overall rankings during the week after the promotion ended. Last night, at the end of the first post-promotion week, Maids of Misfortune was #164 in the Paid Kindle Store and, while it has slipped a bit in the other categories, it was still #1 in popularity in historical mysteries, #7 in mystery-women sleuths, and #7 in historical romance. These rankings are high enough to make the book very discoverable — which leads to more sales — which leads to maintaining a high ranking — which leads to more sales.

The sales of Maids of Misfortune since the promotion ended have been fantastic. In November 2011, before the promotion, I sold 376 copies of Maids of Misfortune in all venues combined (Kindle US, other Kindle European stores, CreateSpace, Barnes and Noble, and Smashwords.) This was an average of 12.5 books a day. In December 2011, before the 2 day free promotion, I sold 433 books, with an average just under 15 books a day. In the week after the promotion ended, Maids of Misfortune sold 3183 books in total at an average of just under 455 books a day. Since I was no longer selling it in Smashwords and Barnes and Noble, these sales were almost entirely in the Kindle Stores.

Another unexpected consequence was the number of books I was now selling in the European Kindle Stores. In the 5 months before the promotion I was averaging 16 copies of Maids of Misfortune a month in these stores (primarily UK and Germany), but in the first week after the promotion I have sold 148 copies—an average of 21 books a day, pushing Maids of Misfortune up to #2 in the historical mystery category in the UK store.

I had hoped that the massive download of Maids of Misfortune during the promotion would eventually translate into a spill-over to Uneasy Spirits. I reasoned that, as people finished the first book, they might decide to buy the sequel. This in turn would lead to a higher ranking that would make it more visible. This has already happened. Before the promotion, in November 2011, Uneasy Spirits (which I published in mid October) sold 341 copies—an average of 11 a day. In December 2011, before the promotion, it sold 531 copies—an average of 18 a day. During the promotion and the week after, Uneasy Spirits sold 414 copies—an average of 46 a day (well over twice the rate of sales.) One result of this is that Uneasy Spirits is now showing up in the top 100 bestselling romantic suspense books, again making it more discoverable.

A final unexpected consequence has been the number of copies of Maids of Misfortune that have been borrowed by Amazon Prime members. When you “enroll” a book in the KDP Select Program, readers who belong to Amazon Prime can “borrow” the book for free for one month. I assumed, because I was a relatively unknown author and because Maids was priced at only $2.99, that few people would borrow it.  Why would they when there are other much better known authors whose books cost more to buy? Yet, in the first week since the free promotion, 766 people have borrowed Maids of Misfortune. That means I will get some, I don’t know how much, of the $500,000 Amazon has reserved to compensate KDP authors whose books were borrowed during January. These borrowed books also are included in the calculations that Amazon uses to determine the book’s rank, so they also help maintain its visibility.

Trying to explain the phenomena, I looked more closely at the list of books in the historical mystery category, and I realized that those higher priced books ($8 and above) by better known authors (like the Maisie Dobbes series by Winspear, Gabaldon’s Lord John books, or King’s Russell-Holmes series) are not in the Amazon Prime lending program. Most of the books that are available for borrowing are by indie authors like myself, who can recognize a good promotional tool when we see one and who have control over the decisions we make about our own books. One apparent result of this is that Maids of Misfortune and other indie-authored books are ranked higher than those higher-priced and better-known books in the historical mystery category.

In summary, enrolling Maids of Misfortune in the KDP Select Program turned out to be much more successful experiment than I ever imagined it would be. Not only has it made this book and the sequel, Uneasy Spirits, more visible in the Kindle Store through high rankings in a number of categories, but the rankings have produced a large number of sales.

I don’t know how long this pattern will last, and I can already see a slight slippage in total books sold per day. KDP Select gives authors the opportunity to do promotions like this for a total of five days in a three month period, so I still have three more promotional days that I can use, if necessary. But there is no getting around the fact that in the first week of January 2012, I sold 3,515 books. And that — by any measure — is wonderful news for this indie author.

At the end of January I will post Part III, an analysis of the success of the experiment at the end of a month, but, in the meantime I would like to hear from those of you who have also experimented with the KDP Select program to learn what your experiences have been.

 

 

This is a reprint from M. Louisa Locke‘s blog.

Self-Pubbed Author Beware

This post, by J.A. Konrath, originally appeared on his A Newbie’s Guide to Publishing blog on 1/17/12.

Right now I’m looking at the Top 10 Kindle bestsellers in occult fiction.

Every one of them is self-pubbed. In fact, there are only three legacy authors in the Top 30. I count only ten legacy pubbed in the Top 100, and most are brand names.

That’s… staggering.

It also doesn’t bode well for legacy publishers.

Long ago, I said ebooks aren’t a competition. But that only applies when they are affordable. Once an ebook costs over five bucks, readers become choosy. The above list is proof. There are ten ebooks on that list priced more than $4.99.

Bet you can guess which ones. Hint: none of the self-pubbed.

At the moment, legacy publishers seem to be content with their ebook sales. They boast how ebooks are exploding, while print sales slip more and more.

And yet, they obviously aren’t pricing ebooks competitively. I’m outselling King, Harris, and Preston & Child. That’s odd, since they kill me in paper sales. But it doesn’t matter, because bestselling authors sell at any price, which publishers are aware of.

Midlist authors do not. Midlist authors right now are getting screwed by their publishers, earning far less than they could. It’s bad enough they’re only getting 17.5% of the list price; when the list price is ten bucks it is leaving a lot of money on the table.

So why aren’t legacy pubs pricing their midlists and backlists competitively? Are they still trying to preserve paper sales? Or have they crunched the numbers and figured out $7.99 to $14.99 is the sweet spot for profits?

Whatever the reason, it is misguided. Here’s a look into the future:

 

Read the rest of the post on A Newbie’s Guide to Publishing.

The Challenges of New, Digital Lit

Note: I’ve made my latest book, Overshare, available for free download through this Friday, 1/20/12 – it may be informative to download a copy and look at it in the (free) Kindle Reader app or on a Kindle Fire (it’s presented in full color, so viewing it on a monochrome Kindle won’t give you the full experience) before reading this post.

These days, authors and publishers are beset on all sides by pundits and industry watchers telling them they must innovate, they must redefine the meaning of the word "book", they must experiment with new forms, make use of multimedia and transmedia if they hope to stay relevant in the new, digital frontier of literature and publishing. All of which is well and good, until you take their advice.

 

The relatively minor transition from hard copy to ebooks has been difficult enough, and there are still plenty of readers who prefer the feel (and even smell!) of "real" books so much that they’ve sworn they will never switch to using an ereader. There goes a chunk of prospective readers, if you’re intending to release something in a digital format.

Next comes the form the experimental content takes. We’ve all heard of Vooks, "enhanced" ebooks and ebook apps. But how many of us have actually bought, or even seen one for ourselves? Think about it: if those of us who are in the publishing and literature business aren’t invested (or in many cases, even interested) in these new forms, why on Earth should we imagine casual readers would be? So now your prospective audience has been whittled down further, to include only those ebook fans who are also interested in experimental, new forms of digital lit.

Finally comes the quality of the content. Once you’ve brought the experimental digital lit fan to the table, it’s much the same as winning over any reader. If your content appeals to the specific tastes and preferences of a given reader, he’ll like it and maybe even be so kind as to leave you a nice review on Amazon or Goodreads. If not, he will deem the book a failure. And unless he leaves a negative review somewhere, detailing the reasons for his dislike of the work, you’ll never know if it was a failure of form or of content.

Overshare is an exclusively digital release, and it’s presented in an unusual form. When the reader "turns" to the first page, she doesn’t find the typical chapter heading followed by paragraphs of text. She finds what looks like a Facebook page. After a few such pages, she finds what looks like a Twitter stream. Then a post on the protagonist’s blog. And so it continues: social media pages and blog posts, lots of pictures, but nothing else. No narrative is provided, the reader must construct her own.

I’ve sent out MANY advance review copies of Overshare. The responses seem to fall very clearly into two camps. On the one side, there are the people who rave about it and respond with genuine excitement to its non-narrative, heavily graphic presentation. On the other, there are the people who initially say they’ve begun to look at it and find it "fascinating", "intriguing", etc., but then never respond in full. Obviously, these readers ultimately did not find the book to their liking, but I’ll never know if it was a failure of form or content from their perspective.

This is frustrating, since it’s impossible to refine or improve either the form or content of other works going forward if I don’t know what needs to be improved. It’s also possible that any kind of experimental thing, simply due to its experimental nature, will always create a sharp divide of opinion.

Experimental digital lit is a tough sell. The non-narrative form of Overshare makes it very difficult to promote. While regular users of social media—my target audience—know how to interpret this material right away, others don’t know what to make of it. When my own father, who does not use social media, was out for a visit recently, he asked me, "How do I read this book?" One hates to discourage ANY sale, but I have to accept that people outside my target audience aren’t likely to "get" Overshare to any extent, and their negative reviews can be a liability.

I thought I could build buzz initially within publishing and author circles, which are presumably more fertile ground for digital lit and experimental lit, and branch out from there to the general, reading public. Dan Holloway ran an interview with me on his eight cuts site, focusing primarily on the non-narrative aspect of the book (e.g., the book demands, or allows, depending on how you look at it, the reader construct his own narrative) and the Creative Commons licensing issues it raises. Joanna Penn ran a guest blog from me on the technical aspects of creating this heavily-formatted, graphics-intensive book. Both pieces generated a lot of reads and some comments, but scarcely bumped the sales needle for the book. I got a bit of discussion going on Facebook, where one commenter noted that by turning on the Commenting function of the Kindle, readers can insert themselves as characters in the book by adding their own "Likes" and "posting" comments to the protagonist’s blog. A very promising idea, I thought; but it still didn’t generate sales.

So now, I’m trying a giveaway. While it’s always been possible for prospective buyers to view a free excerpt, an excerpt doesn’t adequately convey what the book is all about, or how it’s supposed to be "read". People viewing the excerpt are just as likely to be confused as prompted to buy the book. When what you’ve got to offer isn’t instantly accessible and doesn’t immediately touch on familiar reference points for your target audience, sometimes the only way to get people to take a risk on it is to give it away at first. Even then, some people will decide it’s not worth the investment of their time to try the new thing.

But hopefully, many others will try it. And whether they like it or not, some of them will talk about it. Some will blog about it. Some will post reviews. And with any luck, after you’ve stopped giving it away, the book will have made enough of an impact that it can stand on its own two feet. Time will tell. If you’ve decided to download Overshare, and I really hope you will, I would very much appreciate your feedback: in the comments section here, in the form of a review on Amazon or Goodreads, or even sent directly to me via email (my address is readily available on my website, Facebook profile, Twitter profile and Blogger profile).

Circling back around to the whole question of whether or not dabbling in experimental digital lit is worthwhile…well, I’d say it depends. If your goal is to maximize the commercial potential of your work (e.g., to make money—and there’s nothing wrong with that) as efficiently as possible, then experimentation is not for you. On the other hand, if your financial needs are pretty well covered and more or less every manuscript you write is an experiment of a sort, you may want to give it a try. Those with some tech savvy will have an easier go of the writing, formatting and publishing steps, but once the book goes on sale, we’re all in the same, leaky boat.

 

April L. Hamilton is the founder and Editor in Chief of Publetariat. This is a cross-posting from her Indie Author Blog.

Top Self-published Kindle Ebooks of 2011 [Report]

This report, by Piotr Kowalczyk, originally appeared on Ebook Friendly on 1/14/12.

Will self-published books continue to expand? Is $0.99 price tag wearing out? Can we expect new success stories from independent authors?

2011 was an exciting year for publishing, full of events changing the landscape of the industry. Self-publishing exploded and became one of the most important factors to shape digital publishing in the near future.

I’m excited to share the report with as much facts and figures as possible to help forecast how the self-publishing phenomenon would evolve in the years to come. To get the bigger picture, read also 2011 self-publishing timeline.

 

The report is based on figures from Kindle Store bestsellers archive and consists of five parts. You can jump directly to each one of them from the links below:

1. Highlights – most important facts & figures
2. Tables & charts – based on yearly and monthly lists
3. Description – how the data was collected
4. Overview – analysis of important events and trends
5. Conclusions – predictions for the future

1. Highlights

Average price of a self-published book in 2011 was $1.40, vs. $8.26 for all books in Top 100

There is a downward trend in both the number of books and the average price

John Locke is the author with the highest number of books in a single monthly list – 8 titles

Five authors stayed in Top 100 for at least 6 months – Barbara Freethy, Darcie Chan, John Locke, J.R. Rain and Michael Prescott

There are 18 self-published titles in a yearly Top 100 for 2011 (not a single self-published book in Top 100 for 2010)

 

2. Tables & charts

Table 1: Self-published books in Top 100: Summary Jan-Dec 2011

Data collected from Kindle Store Bestsellers Archive monthly lists. Click on months for detailed tables.
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
No. of self-pub books in Top 100: 13 26 27 26 22 13 17 26 20 20 18 13
No. of self-pub books in Top 50: 8 17 17 16 5 7 9 13  10 12 11 4
No. of self-pub books in Top 10: 2 3 4 1 0 1 1 4 4 3 0 1
Best self-pub book ranked at: 6 4 1 6 19 6 9 2 2 2  12 6
No. of $0.99 self-pub books: 7 17 16 16 18 10 11 19 12 11 14 11
Share of $0.99 self-pub books: 54% 65% 59% 62% 82% 77% 65% 73% 60% 55%  78% 85%
Average price of
a self-pub book:
$1.99 $1.72 $1.62 $1.62 $1.58 $1.61  $1.71 $1.68 $1.53 $1.70 $1.38 $1.34
Most expensive self-pub book: $3.99 $3.99 $3.99 $3.99 $4.99 $4.99 $3.99 $3.99 $2.99 $4.61 $2.99 $3.49

Chart 1: Number of self-published books in Top 100: Jan-Dec 2011

Based on data from Table 1.

Number of self-published books in Kindle Store Top 100: Jan-Dec 2011

 

Read the rest of the report, which includes many more tables and charts as well as detailed analysis, on Ebook Friendly.

Lazy Book Designing

My eyes are stinging and my brain is dizzier than usual. I just finished reading for my bookstore’s review two excellent young adult books for consideration of including them on our shelves and hand-selling them once we do. OK, so why the physical impacts?

Both books were interior designed using serif-less fonts. They’re OK for ads or internet usage, but they are horrendous for reading on paper. Why? and Why were they used? Ah, here is my best guess. It may all be about laziness on the part of the interior designer/typesetter. Follow along as I explain more:

Text fonts that use serifs are easier to read. The serifs, those little tittles that come to points on each letter’s lines, bring closure to the letters. They let the eye know what the each letter is (try to figure out if a letter is a capital I or a small L in a sanserif font). Reading the text in a book without that help is daunting at best.

The two books I read were The Eleventh Plague and Cinder, and both were excellent, except for the typesetting. I know whereof I speak. I am an interior designer for books and a design judge for the Ben Franklin Awards. Neither books would have made it to the Ben Franklin finals but would have been rejected out of hand immediately.

So, why would a designer use sanserif fonts for his text paragraphs? I don’t know for sure, but I’d guess it was done out of sheer laziness or for a publisher’s cost cutting guidance. Many people prefer using sanserif text fonts for computer screens, where serifs can become too complex for screen resolutions. For this reason, many ebooks are set with sanserif text fonts. OK, so the designer makes the ebook version first thing since they are cheaper, easier, and quicker to publish. Why go back through and change all the text paragraphs to serifed fonts. After all, they are wider (which may add to the page count) and may create some widows and orphans that weren’t there before (again screwing up the layout throughout the book).

It’s my guess that is what happened with these two books I just struggled through to read with my aging eyesight. I think that many self-publishers may fall into this trap as well (both these books were from major publishers). Give your readers a break and design your books correctly. There is a reason for every designing tradition and standard practices.

 

This is a reprint from Bob Spear‘s Book Trends blog.

The End of Bookmarks?

I was packaging a book for my editor and realized I only had one [promotional] bookmark left. I wrote on my to-do list: Order more bookmarks? The fact that I put a question mark after the notation indicates just how much this industry has changed. Even a year ago, having bookmarks on hand seemed essential. I would have never let myself even run low, let alone run out completely. Yet now, I’m not sure I should spend money to buy more.

In the past, many of my bookmarks went out with books I mailed—review copies, contest winners, gifts—or with books I sold at events such as the Holiday Market and at book signings. I’ve also given away hundreds at conferences like Bouchercon and Left Coast Crime and at literary events in Portland, like the Library Association’s annual meeting.

But I send out fewer print books with every new release. I recently published Liars, Cheaters & Thieves and only sent out seven review copies in print. Two years ago, I would have sent thirty. But I no longer waste money mailing books to organizations that have never reviewed my work. I used to think it was worth the $8 each ($5 for the book, $3 for mailing), in the off chance that I might get a national print review. Now I don’t bother. And most of my regular reviewers want digital copies instead.

I also used to drop off bookmarks at our Borders store every two weeks, but we all know what happened to that.

In addition, I’m attending fewer conferences and events. For example, I no longer drive to Portland (five hours on the road) to sit at a table in the Willamette Writers booth for two hours passing out bookmarks. It’s simply not worth it. (Driving and sitting in bad chairs are very hard on my knee.) And I did my last bookstore event in late 2009 (seven hours on the road!). Last year, the only conference I attended was Left Coast Crime, and that will likely be true again this year.

Don’t get me wrong. I love conferences! I love meeting people and hanging out with my writer/reader friends. But conferences are expensive, and travel out of Eugene is a royal pain. To get to Bouchercon, I have to take three flights, and each descent makes me physically ill. I can’t justify the financial or physical costs anymore. And people at conferences are not picking up bookmarks like they used to.

If I buy bookmarks, what am I going to do with them? Most of my readers purchase ebooks and have no use for bookmarks any more. Yet I can’t stand the idea of not having any, because I also pass them out to people I meet instead of handing them a business card.

So I’ve decided to buy a few. But this time, I’ll order 200 instead of 2,000. And it will likely be the last time I purchase bookmarks—another staple of the industry disappearing.

It makes me a little sad. What about you? Do you still use bookmarks?

 

 

This is a reprint of a post that originally appeared on the Crime Fiction Collective blog, and it is provided here in its entirety with the site’s permission.

The Death of Canadian Book Publishing

This post, by Thad McIlroy, originally appeared on The Future of Publishing on 1/10/12.

Cultures die symbolically.

Canadian culture took a major hit on Monday with the sale of Canada’s most important book publisher, McClelland & Stewart. Canada’s largest university, the University of Toronto, took a gift horse and sold it to the Bertelsmann AG, the fifth-largest book publisher in the world, via its proxy, Random House of Canada. Random House of Canada is owned by Random House in the United States which felt that news sufficiently important to fail to issue a press release today. Likewise the University of Toronto.

 

Why do I feel that I’ve seen this film before? But that last time it had a happy ending.

As reported in The Canadian Encyclopedia, “Widespread publicity and concern was aroused by the announcement in 1971 that M&S was for sale. The Ontario government decided to provide a $1-million loan to prevent its sale to American interests. In 1984 the government again stepped in, freeing M&S from its debt obligation (some $4 million). This action depended on McClelland being able to raise over $1 million from the private sector; his success at this endeavour was an acknowledgement of M&S’s contribution to Canadian culture.”

As reported in The Globe & Mail today: “Before announcing the transaction, Random Canada quietly approached the office of Minister of Canadian Heritage and Official Languages James Moore to seek an exemption from long-established provisions of the Investment Canada Act, which specifically outlaw such takeovers. The company reported that Mr. Moore granted the approval ‘on the basis of the commitments we made that demonstrated that this investment is likely to be of net benefit to Canada.’”

What a difference 40 years makes.

For more information, see Roy MacSkimming’s The Perilous Trade: Book Publishing in Canada, 1946-2006.

Perilous indeed.

By coincidence the ebook will be published tomorrow by McClelland & Stewart (div. Random House of Canada). It’s available tonight for pre-order on Amazon.com, but sadly not on Amazon.ca, nor on Chapter/Indigo, “Canada’s online bookstore,” Canada’s remaining national book chain (the one that’s getting out of books).

But, you say, how can that be? Even before today the very capable Random House was in charge of sales and marketing for McClelland and Stewart. Yes, I know. And they spell Macskimming with a lower-case “s”.


Read the rest of the post on The Future of Publishing.

Ten Bold Predictions for Book Publishing in 2012

This post, by Jeremy Greenfield, originally appeared on the Digital Book World site on 12/19/11.

It’s been a stormy year for book publishing, with many major players in the industry making big changes. In 2011, Amazon became a publisher, more best-selling authors sprouted out of what once was the slush pile and publishing companies migrated business from print to digital at an accelerated rate.

 

Some of the events of 2011 were of the “you coulda seen it coming” variety – Borders closing or Random House going to the agency pricing model. Much of it, however, was shocking – think big-six publisher HarperCollins acquiring Nashville-based Christian publisher Thomas Nelson.

Now that 2011 is coming to a close, what’s on tap for 2012?

We spoke with book industry experts, observers and players to get their bold predictions on what extraordinary events await us in the coming twelve months.

Hear more insight into the future of the book business at Digital Book World Conference + Expo 2012, this January 23-25 in New York. More>>>

1. We will see more self-published best-sellers next year with an exponential rise in the number of million-selling authors.

In November of 2011, the Kindle Million Club – a list of authors who have sold over 1 million paid copies of their books on Amazon’s Kindle store – swelled to 14 with the addition of David Baldacci, Amanda Hocking and Stephenie Meyer.

“This may have serious implications for traditional publishing houses,” said Dr. Windsor Holden, research director at Juniper Research and one of the authors of Juniper’s recent report on the future of the book publishing industry. “By facilitating publishing, Amazon, Barnes & Noble and others are eroding the position of the publisher in the value chain in much the same way Apple eroded the gate-keeping role of the carriers when it introduced the app store.”

 

2. Large publishing companies will go through major restructurings, creating new positions and redundancies of all shapes and sizes.

As more of what publishers do falls outside of what publishers used to spend the vast majority of their resources doing, people who work in publishing will likely have different roles, new positions or find that they are out of a job altogether.

“In 2012, we’ve had a number of years of digital under our belt,” said Peter Balis, director of digital content sales for John Wiley & Sons, the Hoboken, NJ-based professional, academic and trade publisher. “In a challenged economy, you’re going to see some big changes.”

Some of the changes might include hiring more marketers and in-house software, e-book and app developers, and slimming down sales departments and having fewer acquiring editors, according to Mike Shatzkin, a long-time book-industry expert (and, full disclosure, partner with Digital Book World on the upcoming Digital Book World Conference and Expo in January 2012).

“Print sales are going to decline and e-book sales are going to rise and that is going to result in organizational changes,” Shatzkin said.

3. Amazon will come out with a larger tablet with an 8.9-inch screen and it will be priced at $299 or lower.

The seven-inch Kindle Fire tablet has burned up the sales charts, with over 1 million per week being sold, according to Amazon. Yet, there has reportedly been some user disappointment with the product, much of it centered around a too-small screen.

“If you look at the critiques that have come in on the tablet, there have been a significant amount of users who feel the device is too small to do everything they want to do,” said Rhoda Alexander, senior manager for tablet and monitor research at IHS iSuppli, an El Segundo, Calif.-based technology research unit of global research firm IHS.

But don’t count Apple out, because…

 
Read the rest of the post, which includes 7 more predictions, on Digital Book World.

Some Things That Were True About Publishing For Decades Aren’t True Anymore

This post, by Mike Shatzkin, originally appeared on his The Shatzkin Files blog on 1/9/12.

Back when my father, Leonard Shatzkin, was active with significant publishers — the quarter century following World War II — he observed that very few books actually took in less cash than they required. That is not to say that publishers saw most books as “profitable”. Indeed, they didn’t. They placed an overhead charge of 25% or 30% or more on each book so most looked unprofitable. But that didn’t change the fact that the cash expended to publish just about every book was less than the cash it brought back in.

 

The exceptions were usually attributable to a large commercial error, most commonly paying too much of an advance to the author or printing far more copies than were needed. But, absent that kind of mistake, just about every book brought back somewhat more revenue than it required to publish it.

This led Len to the conclusion that the best strategy for a publisher was to issue as many titles as the organizational structure would allow. That was a lesson he passed along to the next generation of publishing leadership that came under his influence. And the leading proponent of that business philosophy was Tom McCormack, who worked for Len at Doubleday in the late 1950s, then went on to Harper & Row before he ascended to the presidency of then-tiny St. Martin’s Press in 1969. Tom often credited the insight that publishing more books was the path to commercial success as a key component of the enormous growth he piloted at St. Martin’s over three decades.

(I checked in with Tom, who is long-retired as a publishing executive but a very active playwright, about how many books didn’t claw back the cash expended. He told me that his “non-confirmable recollection” is that the percentage that did at least get their money back ranged from 85% to 92%. He recalls “incredulity” from his counterparts in other houses, whom he believes simply couldn’t “wrap their minds around the meaning of the statistic: revenues minus disbursements.” He went on to tell me that this number “seemed effectively irrelevant to them. They had an overriding and deeply flawed notion of something they called title-profitability. They thought they were analyzing the profitability of a title with their ‘p&l’.”)

Despite the apparent immutability of the fact at the time that most titles brought in incremental margin, many publishers who were losing money would come to the opposite conclusion. They would decide they should cut their lists, pay more attention to the titles they published, and create more profits that way. I remember discussing the futility of that approach in the 1980s with my friend and client, Dick McCullough, who was at that time the head of sales at Wiley. When I observed that the publishing graveyard was littered with the bones of publishers who pursued cutting their lists as the path to profits, Dick said of their efforts to cut “yes, and very successfully too”.

I got another lesson about this reality in the late 1980s when a company I consulted to (Proteus Books) sued its distributor (Cherry Lane Music) for a failure of “due skill and competence” in the sales efforts for Proteus Books. One of Proteus’s expert witnesses was Arthur Stiles, who had been Sales Director at several companies, including Doubleday, Lippincott, and Harper & Row. Stiles confirmed that big and competent publishers routinely put out thousands of copies of titles in advance of publication, with extremely few failures in terms of getting the initial placements. He was testifying in a time that was still like what my father experienced: the industry’s title counts were growing, but so were the the number of bookstores in which they could be placed.

Those days are over. And, coupled with the ebook revolution, the implications of that are profound.

 

Read the rest of the post on The Shatzkin Files.

4 Nifty Apps to Organize and Store Ideas

The need to organize your thoughts and store new ideas isn’t just a writer’s thing. I find myself needing to capture ideas for all kinds of things, as does DH (who knew there were so many Star Wars hobby ideas? :) ).

If you’re cruising the ‘net on your laptop or smartphone and come across a cool web site you want to find again, it’s pretty easy to simply email yourself a link. But what happens when you go back to your inbox? Lots of clutter and the need to shift all those self-mailed emails into various folders (or you can do what DH does and just leave them in the inbox. Type A personality nightmare! :o )

There’s a better way.

If you’re a little tech savvy and prefer having your ideas accessible at any time from any computer or gadget, I suggest signing up for a free Evernote account.

What makes this app great is the ability to clip web articles, add tags and comments, and save it all to one of several notebooks you set up. Not only can you save things from the web, you can include pictures you’ve taken on your smartphone and do the same thing.

Oh! And did I mention you can take a picture of restaurant menus, wine labels, anything with text and do a search for a word in the picture? No tags necessary. Cool!

I’ve even used it to keep track of things I planned to get for the Blonde Blur (formerly Tiny Tot) for Christmas. Just take a picture of the item at the store, tag it, and save it to the appropriate notebook. Voila! No more trying to explain to DH what toy I was talking about when we were narrowing the ideas down to fit the budget.

These things alone make Evernote a great app to have. You can use it as a writer’s tool or for any thing you can think of that needs ideas easily accessible.

What about brainstorming?

Creative types, especially writers, often have ideas for their current project at odd hours. Often times, those ideas are just bits and pieces that may or may not link to other bits and pieces of a given project.

For example, I’m brainstorming ideas for my second work of fiction (Apprentice Cat is in the “resting” stage).

Roz Morris suggests in her book Nail Your Novel using a hatbox method. Basically you scribble your idea on a piece of paper and throw it in a hat box for later. I loved the idea, but, being a geek and a Type A personality, I wanted something just a bit more structured and digital.

 

Enter Free Mind and Thinking Space (now called MindJet, apparently).

Both are mind mapping software. Free Mind works on my laptop, Thinking Space on my smartphone.

The only hitch to this perfect solution is that they don’t work together and I’m not willing to pay for a program that will.

At least not yet.

And for those longer items?

I like to be able to access my blueprint for a book and what I’ve already written anywhere at any time. For those times I depend on the cloud.

Until I read Joel Freidlander’s post Life in the Cloud, I hadn’t really given it much thought. I just carried a big bag with everything printed out. Not very efficient, but what else could I do?

Then I heard about “the cloud” and I had to know what it was. When I discovered it was a way to save just about anything in the etherworld and there were free options, I jumped on it. I’d already begun using Evernote for my notes, why not find something to do the same with my documents?

I won’t say Google docs is the perfect solution. I lose nearly all my formatting from my Word documents, at least for the comments and such, but it’s great for just reading what I’ve already done.

It’s also a great way to simply store documents, like a backup drive that’s available at any time for any computer or smartphone.

There are many other apps available for our organizational needs. It’s just a matter of a little research and the willingness to test them out.

What apps or gadgets have you discovered to fit your needs?

 

 

This is a reprint from Virginia Ripple‘s blog.

Upcoming Book Awards and Contests

Publetariat Editor’s Note: Publetariat is not affiliated in any way with the awards or competitions mentioned in this article, offers no specific opinion on any of them, and receives no compensation for their mention on this site. 

Deadlines are coming up soon for several book award competitions.

Winners of the Amazon Breakthrough Novel Award will receive a publishing contract with Penguin Books. Entries are accepted from January 23 through February 5, 2012, and it’s best to enter as early as possible. Unpublished manuscripts and self-published books are accepted.

 

If you published a book during 2011, consider entering one or more book awards programs to generate recognition and publicity for your book. There are a number of these competitions, and the entry fees can really add up, so you’ll want to be selective. Here are deadlines for several popular award programs:

The Ben Franklin Awards, sponsored by IBPA, is considered by many to be the most prestigious award for independent publishers. The deadline for entries has been extended to January 15, 2012.

ForeWord Book Awards – $1,500 cash prize, sponsored by ForeWord, a book review publication (January 15)

Nautilus Book Awards – for nonfiction books (January 31)

Next Generation Indie Book Awards (February 24)

IPPY Awards  (March 15)

National Indie Excellence Book Awards (April 15)

Writer’s Digest Self-Published Book Awards – $3,000 cash prize (April 20)

There are also award competitions geared toward specific types of books. See this list for ideas. Be sure to read the eligiblity and submission instructions carefully when entering. 

 

This is a reprint from Dana Lynn Smith‘s The Savvy Book Marketer.

Finding Photographs for a Book or Blog Gets Better

I wrote about where to find free or inexpensive photos for your blog or book back in February 2010. Since that time I’ve mostly used Flickr and iStockphoto, where you can buy credits as you go and many web-size images are very inexpensive.

For the first time, I’m starting to use both Flickr and paid-for stock differently. Here’s why.

A few months ago I got a free month’s worth of downloads at Fotolia, the huge online stock photography and art site. They have websites in 11 languages and in 15 regions of the world.

What’s more important, Fotolia hosts 15,547,533 royalty-free photos, the last time I looked. I had a great time browsing images for covers, and found some great ones.

But what really pleased me were a couple of little interface enhancements. These types of things make a big difference. When researching images for book covers, it’s not unusual to look through 500 or 600 photos at a session. Something that’s inconvenient once becomes maddening when repeated enough.

Here’s the detail screen from iStockphoto. Just below that is the one from Fotolia.

istockphoto-detail

^  The iStockphoto image size chart for downloads

fotolia-detail

^  The Fotolia image size and download chart.

Using iStockphoto I always have to calculate what the image is going to cost me, converting “credits” to dollars. Fotolia makes it much more clear, once you realize these are the lowest possible prices. Typically you’ll pay about twice as much if you buy credits as you go.

The best deal is the subscription, if you use a lot of images. During the month I had the Fotolia promotional subscription I used it a lot, since you could download as many images as you wanted, and most images seemed available.

The other enhancement is the hover tool. Placing your mouse cursor over an image thumbnail in search results gives you an enlarged view of the photo. Here are the hover boxes from both services:

istockphoto-hover

^  iStockphoto hover box

 

fotolia-hover

^  Fotolia hover box

The iStockphoto hover gives you the name of the image and little else. The Fotolia hover box includes the sizes available for license, the credit requirements for the smallest image, the number of times the image has been viewed, and the number of downloads. This can save an incredible amount of time.

Flickr Out in the Open

Another approach to saving time on image search is a nifty utility called Compfight (Compfight.com).

Using Flickr’s programming interface, Compfight has built a search utility that’s quite a bit faster than Flickr’s own advanced search.

Compfight.com

^  Compfight interface – click to enlarge

Compfight is a beautiful example of a single-use interface that’s been refined by people who actually use it. With a few clicks you can set your search parameters and get a beautifully-presented and customizable screen full of image results, mostly from Flickr.

Compfight.com

^  Compfight in hover mode

Notice in the search results that many images have a blue stripe at the bottom, indicating they are available on Flickr. Hover your mouse cursor over one of these, and Compfight will helpfully show you the image size in pixels, another great timesaver.

Compfight has become by far the easiest way to use the amazing collection of images on Flickr, and Fotolia has enough enhancements and beautiful images that it might well surpass iStockphoto. If you use stock images, make sure you take a look at these services.

Note: Be careful with the licensing of images on Flickr. Amateur photographers may not realize you need model releases from recognizable private individuals to use their likeness in commercial ways.

 


This is a reprint from Joel Friedlander‘s The Book Designer.

Moving Toward Amazon Only

And the craziness continues. Yesterday The Sex Club, which is now selling well again, was suddenly being discounted on Amazon from $2.99 to $.99. Which means, I was suddenly making a third of the money. After cursing loud and long, I tracked down the culprit. Kobo was selling the title at $.99—even though I requested they take it down two weeks ago.

I requested the takedown because I enrolled The Sex Club in the Kindle Select program and it requires exclusivity. So the fact that it’s still selling there could also get me kicked out of the program. I’m doing everything possible to correct this, but retailers are notoriously slow about taking down books, especially if they’re selling.

I distribute to Kobo, Sony, and various other retailers through INgrooves, and this is not the first time I’ve had to deal with the discounting issue. For those not familiar, here’s the short version: Amazon will not be underpriced. If a competitor puts an ebook on sale, Amazon matches the price. This can be a serious problem for authors who make most of their money from Amazon and need to control what price their books sell for on Amazon.

When I starting losing money on Amazon, I see my mortgage payment for the next month disappearing. Which leads me to strongly consider withdrawing all my books from INgrooves. The small amount of money I make from other retailers is offset by the profit I lose from the discounting issue.

My only hesitation, as always, is readers. I want them to have full access to my books, regardless of their e-reader device. But I’m running a small publishing business (Spellbinder Press), and I have to make smart business decisions. I have to be able to track and predict profit.

Also, I have to remind readers that my ebooks are available for purchase from my website.

Other writers tell me I should upload to Smashwords as my distributor, but that doesn’t fix the discounting issue. And I’m tired of continuously having to scan the other retailers to ensure they’re not undercutting my ability to make a living from Kindle sales.

Pulling my books from INgrooves would leave me with ebooks available on Kindle and Nook only. But what I sell on B&N/Nook every month won’t even pay my cell phone bill.

After I see my first bonus payment from Amazon for enrolling in the Select program, I’ll have to decide whether keeping my Detective Jackson books on B&N is actually worth it. I predict I’ll be exclusive to Amazon by the end of the next year. Some people may see this as a sell out. But I have to make a living, and I’m worth more than minimum wage.

Readers: Can you sympathize with this decision?

Writers: How do you deal with the discounting issue?

 

This is a reprint from L.J. Sellerssite.

2011 Round-Up. Achievements, Reflections And What Could Be Improved

I’m one of those people who thrives on goal-setting and measurement. I’m always setting new goals and although I often change direction, I tend to achieve more than if I set none at all.

It is important to celebrate achievements so this is my annual round-up. It’s not meant to be horn-tooting, more of a record of the year.

I hope you have learned a lot from The Creative Penn in 2011 and I look forward to serving you further in 2012. I’d also love to know if you achieved your goals this year before we all set new ones in the coming days.

 

Fiction Writing

Pentecost, my first novel, was published in Feb 2011 and has now sold 16,034 copies.

Prophecy, the 2nd in the ARKANE series was published yesterday on the Kindle. Print, Nook & other versions to come in Jan but I still got it out in 2011! I won’t be officially launching it until January 20th but it is available on the Kindle store if you’d like to purchase!

I’m pretty excited about the future of fiction with digital publishing. I’ll be exploring more in this arena in 2012 and onwards. I have so many creative ideas I want to explore.

I have also started a blog for my fiction fans, JoannaPenn.com where I will be adding information about my research and more.

 

 

 

The Creative Penn

This blog has now reached it’s 3rd birthday (hoorah!) It has won the Top 10 Blogs for Writers for the 2nd year running (as one of the Top 10 after 2100 nominations and comments). I’m really pleased with that so thank you if you nominated me.

In terms of growth and online platform, I shall record figures here for posterity as it’s good to revisit these regularly and this has become my annual checkup.

There are currently 3162 subscribers to this blog on Feedburner, 6585 subscribers to the newsletter, 23,279 followers on Twitter, 2418 on Facebook/TheCreativePenn and 1034 on Google+. Considering I’ve only been on Google+ for a few weeks, I’m interested to see how fast that is growing and the engagement over there. I may well give up Facebook in 2012! (but never Twitter!)

The Creative Penn podcast has now reached 113 episodes. There have been 41,358 downloads, at around 3400 per month in the last few months. The top listening countries are US (53%), China (12%), UK (10%) and Australia (7.4%).

In light of all this, I may be looking for some sponsorship for the podcast in 2012! If you’re interested, please do email me direct.

The most popular podcast has been On Changing Your Life, Writing and Marketing a Book which just happens to be an interview with me! You can download the backlist here – there’s over 60 hours of free information on writing, publishing and book marketing with more every week.

My YouTube channel The Creative Penn has 395 subscribers and has had 63,997 views of 122 videos. The top videos have been Tips for Publishing on the Kindle (3690 views) followed by Pentecost Book Trailer (2544 views). The top countries are US, UK, Australia and Canada. Demographics: 51.4% male, 48.6% female. Over 50% in the 45-54 age bracket. Although this isn’t spectacular, I will continue to invest in video as I think it is a growing market and the more I do, the more I enjoy it!

Transition to full-time author-entrepreneur

This wasn’t even something I thought would happen this year but a combination of circumstances have made it so.

I left my consulting job of 13 years for the more precarious, but rewarding, life of an author-entrepreneur. I have also moved hemispheres from Brisbane, Australia to London, England.

For the full story, read “I am creative, I am an author. From affirmation to reality.”

For this transition, I primarily thank Amazon Kindle for the KDP publishing platform, and WordPress for enabling this blog as well as Twitter for my network. Together, those services have changed my life!

If you’d like to invest further in your education, I now have the following products available for sale, with a focus on mini-modules, not full-blown courses:

I shall be expanding this digital product range in 2012 and rewriting the Author 2.0 Blueprint and modules in order to update everything to this ever-changing market.

How did I do against my goals for 2011?

Here are my New Year’s resolutions from Jan 2011.

  • Publish Pentecost – achieved.
  • Go to ThrillerFest in New York in July & pitch a publisher. I cancelled this trip as we moved from Australia to London in May which changed the budget somewhat. I would still love to go to ThrillerFest and the flight would be cheaper from London. I’m not so bothered about pitching to an agent now though. I am very happy being indie at the moment. I do have a goal of 50,000 book sales and then I may decide to approach an agent.
  • Finish Prophecy – achieved.
  • Launch a new blog for mystery & thriller lovers. I did launch MysteryThriller.tv but to be honest, I have now stopped doing reviews on video and am just reviewing books I like on Amazon & Goodreads. I don’t have the bandwidth for more reviews in general. The aim was to get some advertising revenue from the blog but it wasn’t justifying itself in terms of time and effort. I can make more income from writing fiction and this blog, so I won’t be continuing with that. So yes, I achieved it, but it was a misplaced goal. You can follow my reviews on Goodreads here.
  • Enjoy 1 day unplugged a month. Hmm, I don’t think I achieved this … I continue to be a driven person who isn’t very good at stopping. My husband says I am like a Ferrari with no fuel gauge. I only stop when it all falls apart. This is my natural rhythm. I have tried meditation again this year but it stops after a few days. I continue to journal a lot though, which is a kind of meditation. I definitely do unplug, but not regularly enough.
  • Learn more about grammar, language and the craft of words. I have specifically read prize-winning literature and poetry in order to glean more about language. I continue to listen to podcasts and do training as well as read books and of course, interview people. I also learn A LOT from having my own work edited. If you read Pentecost and then Prophecy, I hope you can see improvements in my writing. So, achieved.
  • Continue to expand The Creative Penn. I’ve definitely achieved this but it’s not a stretch goal. It’s more of a maintenance activity now. I LOVE this blog, it brings me so much enjoyment to be useful to you and to share the journey. So please do keep commenting and keep emailing me with your questions.

[On January 2nd] I will be sharing my goals for 2012.

How did you do with your goals for 2011? Please do share your achievements and how it went. Let’s keep each other honest!

 

This is a reprint from Joanna Penn‘s The Creative Penn.