Showing posts with label epublishing. Show all posts
Showing posts with label epublishing. Show all posts

Tuesday, October 3, 2017

How to Game the Amazon Rating System

The person who posted this ad was sued by Amazon. Fake reviews are no joke.
Amazon recently filed five arbitration demands against authors, publishers, and marketers, who it says have abused the Kindle Direct Publishing (KDP) system to inflate their profits and sales rankings. It's not the first time Amazon has sued authors and services for manipulating Amazon's ratings system. In 2015, Amazon sued several websites that offered bogus reviews for a fee. By 2016, the number of fake reviewers sued by Amazon had risen to over a thousand.

The truth is that gaming Amazon's system is the norm. I've even experienced the work of Amazon gamers. One "reviewer" left a negative review on one of my books, only to recommend another book they said was better. (I became suspicious because the recommended book was on an entirely different subject.) After some research I discovered that these reviews had appeared verbatim on other books in the same category as mine. It was obvious that the "reviewer" was paid. (I reported the incident to Amazon. Nothing happened.) There are also fake reviews generated for political purposes, such as the thousands of "reviews" of Hillary Clinton's new book which Amazon was recently forced to delete.

At the moment, Amazon is suing over the ways their current payment system for KDP is being gamed. The new system is based on number of pages read, rather than downloads, because paid services were downloading books in order to boost a book's ranking. But the new system hasn't made a dent in the abuse. Thu-Huong Ha, writing for Quartz, has described in vivid detail some of the tricks being employed.

1) Inflating pages read. How can Amazon determine the number of pages a person has read of an ebook? Simple. Reading devices do not record the pages you read sequentially. Therefore, if someone is on the first page, and then jumps to the last page, the device will record the whole book as read. Who would want to read only two pages? Well, nobody. But if on the first page there is a "free offer" of something on the last page - voila! These books can even be composed of complete nonsense, and there will still be a payout.

2) Authors can create fake accounts, or hire a service that owns numerous accounts, to download massive numbers of books on free days. The author earns nothing, but the book will appear on Amazon's bestseller list for free books, which will enhance its attractiveness to future buyers.

3) Fake reviews. This has been a problem from the start. An author or company can buy fake reviews on Fiverr for a few bucks. Authors and companies can also purchase negative reviews of similar products (that's what happened to me) in order to drive down the ratings of the competition. Amazon has become so paranoid about fake reviews that it will remove a review from anyone even vaguely connected to the author - a Facebook friend, for example, whom the author may never have met.

The bottom line on Amazon rankings is that the system will always be gamed. It doesn't matter how many people Amazon sues, or how many new contortions it introduces into KDP, there will always be some way to work around it.

It makes you long for the old days, when all you had to do to get bestseller status was either sleep with a reviewer for the New York Times, or give birth to one. Ah, things were so much simpler then.

UPDATE: Amazon has decided to crack down on scammers by rank-stripping books it suspects have manipulated its system. Unfortunately, this has resulted in penalizing books which have followed the rules. Either Amazon's method of identifying people who are defrauding the system is flawed and/or scammers are continuing to game the system by pointing Amazon's fraud detection toward innocent authors. Read more about this disturbing development HERE.

Friday, November 28, 2014

eBook Market Set to More Than Double to Top $16Bn By 2020

BOSTON, Nov. 10, 2014 /PRNewswire/ -- Strategy Analytics' "Global eBooks Market Forecast 2001-2020" predicts that the global consumer ebook market will more than double from $7Bn in 2013 to $16.7Bn in 2020, driven by more consumers accepting e-reading, more content made available through different business models, and the accelerating growth of emerging markets, especially China.

Click here for the link: http://bit.ly/1srb1Fq

Globally, more consumers of all ages are now including ebooks as a part of their reading behavior.

"A clear trend in recent years has been the shift of e-reading from desktop computers to mobile, in particular to reading on smartphones and tablets. At the same time, more readers are choosing multi-purpose tablets over dedicated e-readers as their primary ebook reading device," said David MacQueen Executive Director, Apps and Media. "All in all, we expect ebook reading penetration to increase from less than 10 percent of the total population in 2013 to close to 25 percent in 2020. China, the biggest smartphone market in the world, has just begun to see accelerated growth in the ebook market. We are seeing China join the traditionally big book markets in the US, Japan, Germany and the UK to form the 'billion dollar club' in 2020."

"From the content perspective, more publishers are releasing books simultaneously in digital format and print format. Meanwhile, an increasing number of new and established authors are opting for digital self-publishing only, made possible by ebook service platforms, which brings them closer to the readers," said Wei Shi, Analyst of Wireless Media Strategies (WMS). "Another nascent but significant development in the ebook market is the subscription based services launched by more platforms, including Amazon. In essence this is similar to how Spotify and Pandora have evolved the digital music market beyond downloads. We expect to see subscription service gaining more momentum in the second half of this decade, and contributing to close to a fifth of the total market by 2020."

Thursday, August 15, 2013

Random House Publishes Five Novels By New Authors

Last November, Random House announced the inauguration of three new digital imprints: Hydra for science fiction, fantasy and horror; Flirt for "new adults"; and Alibi for mystery and suspense. Random House, of course, has many imprints, but what was unusual about these imprints is that they were digital only. Even more unusual was the fact that authors could submit their manuscripts directly to Random House - without an agent. Major publishers have not allowed unchaperoned authors to enter their hallowed halls for decades.

The announcement, though welcomed by potential authors, was received with skepticism by those who knew better; In the publishing industry the deck is always stacked in favor of the house. The House, in this case, was offering "revenue sharing" in place of an advance. Random House was also requiring authors to foot the expenses of production, and, most onerous of all, demanding rights for the term of the copyright. (Why even have a copyright in that case?) John Scalzi called the Random House conditions "a horrendously bad deal" and advised authors to "run away" as fast as their legs could carry them.

Random House eventually bowed to pressure and offered a more traditional deal for writers. Apparently, that deal was sweet enough to attract several new authors. Of the six titles Alibi will release next year, five are by debut authors.

There can't be any doubt that the publishing industry will keep a watchful eye on these books. Their success could indicate a new era for the big publishers, one in which they can have their cake and sell it, too. 

RH Imprint Alibi Announces Debut Titles

Publisher's Weekly, August 14, 2013

Alibi, the digital-original mystery and thriller imprint of the Random House Publishing Group, announced the acquisition of its first six titles. The new publishing program will launch with The Last Clinic by Gary Gusick, the first novel in the Darla Cavanaugh mystery series.

Alibi senior editor Dana Isaacson has also acquired the following titles, scheduled for release in late 2013 and throughout 2014: The Garden Plot, by Marty Wingate; The Final Age, by Pierre Ouellette; Maxwell Street Blues by Marc Krulewitch; The Travel Writer by Jeff Soloway; and A Penny for the Hangman by Tom Savage.

Saturday, June 29, 2013

Kindle Opens Fan Fiction Store With Self-Service Submissions

Note: Kindle Worlds was shut down in 2018. I'm leaving this post up for posterity.

Inspired no doubt by the fabulous success of Fifty Shades of Grey, Amazon has started its own fan fiction store, Kindle Worlds. Anybody can write new stories inspired by a selection of movies, games, TV shows, comics, and of course, books. Like other Amazon platforms, authors can earn 35% royalties. (The 70% book option is not available.) Amazon has obtained licenses from Warner Bros. Television Group's Alloy Entertainment for Gossip Girl, Pretty Little Liars, and The Vampire Diaries; Valiant Entertainment for Archer & Armstrong, Bloodshot, Harbinger, Shadowman, and X-O Manowar; Hugh Howey's Silo Saga; Barry Eisler's John Rain novels; Blake Crouch's Wayward Pines series; and The Foreworld Saga by Neal Stephenson, Greg Bear, Mark Teppo, Eric Bear, Joseph Brassey, Nicole Galland, and Cooper Moo. More licenses are on the way. 


Is this a good idea?

If you write fan fiction, this is a great idea. Personally, I am not a fan of anything Amazon can obtain a license for, and, even if they did, I'd have a really hard time writing fan fiction for The Complete Works of Shakespeare. The only drawback I can see to Amazon's latest bid to take over the world (mwahahahaha) is that getting a license for, let's say, Star Trek, will be nigh on impossible. In other words, die-hard fans of really popular shows still won't have an outlet for their frustrated desire to improve upon, continue, elaborate on and otherwise embellish the plots/characters of anything that could be truly lucrative. (Trust me, if they did, Spike would still be alive.)

So, if you inhabit any of the "Worlds" Amazon is currently allowing you to live on, go for it.

Sunday, June 23, 2013

Epublishing Conundrums - Hang on to those digital rights!


"Now you see it, now you don't." 
The world of epublishing is in nearly constant flux.
With big publishers jumping into the fray, it has become increasingly difficult for new authors to make the choice between self-publishing their book as an ebook or signing on with a publisher and letting them handle all the things, including electronic rights.

There are numerous reasons for an author to hang on to as many rights as possible, but nowhere is this more important than digital rights. Why? Because ebooks are selling like hotcakes, and even though publishers charge less money per ebook, authors end up with a significantly smaller piece of the pie.

How does this work?

Publishers spend very little on ebooks. There are no printing costs, no warehouse fees, and no returns. As a result, ebooks cost less. But the reduction in retail cost is not commensurate with the reduction in production costs, which means profits are higher for ebooks.

Because ebooks retail for less, the result is lower royalties for authors. Traditionally, authors make 25% on ebooks, which seems like a lot compared to 10% on hard covers, but the disparity in production costs more than evens the playing field.

According to Brian DeFiore - who serves on the Board of Directors of the Association of Authors Representatives as Chair of the AAR Digital Rights Committee - this is how the deck is stacked in favor of the publisher.
"Every time a hardcover sale is replaced by an e-book sale, the publisher makes $2.20 more per copy and the author makes $1.58 less. If the author made the same $4.20 royalty on the e-book sale as he/she would have on a hardcover, the publisher would STILL be making an improved profit of $6.28."
In short, publishers are increasing profits on the backs of authors.

Are we angry? No, we are just disappointed.

Tuesday, June 4, 2013

Rejected by Publishers All Over NYC, Amanda Hocking is Now a Self-Published Millionaire

Amanda Hocking
This is one of those rags-to-riches stories that inspires self-published writers. Why? Because Amanda Hocking wasn't "discovered" by an agent or a publisher. She's still self-publishing, and selling 100,000 books a month.

From Jezebel

Amanda Hocking's story isn't just interesting because, at 26 years old, she's a millionaire from selling eBooks. Her tale is also fascinating because it remains a work in progress. Success brings new challenges, one of which is often defending that success. Something Hocking is having to do.

Hocking, a self-proclaimed unicorn enthusiast and Muppet activist, writes about vampires, zombies, and yes, romance. According to reports, just one year ago, the Minnesota-based writer was "impoverished," "living paycheck to paycheck," and the manuscripts she sent out were rejected by publishers all over New York. Like many authors, Hocking turned to self-publishing, creating a store on Amazon. She set the prices of her work relatively low — 99¢ to $2.99 — and for every $2.99 book she sells, she keeps 70%. Hocking tells USA Today: "To me, that was a price point that made sense for what I would be willing to spend on an e-book… I use iTunes a lot, and it's 99 cents and $1.29 a song."

Between her blog, Twitter, Facebook and word of mouth, Hocking's stories caught on; she sold 100,000 of her works in December, and over 10 months she's sold more than 900,000. She's about to buy a house, she's getting a lot of press, and Elle magazine is going to profile her. Cue the inevitable backlash.

Read more here...

Monday, May 20, 2013

Most Comprehensive Study Ever of How Self-Published Authors Are Doing in the Marketplace


This must-read study was posted on Smashwords on May 8th. If you want to find out what the best price for an ebook is, if long books sell better than short books, how many book sell well, and what the average word count for the 60 bestselling Smashwords romance books is - go HERE.

New Smashwords Survey Helps Authors Sell More eBooks

May 8, 2013

"Last year at the 2012 RT Booklovers in Chicago, I released a first-of-its-kind study that analyzed indie ebook sales data.  Our goal was to identify potential factors that could help authors sell more ebooks.

Last week at the 2013 RT Booklovers convention in Kansas City, I shared new, updated data in a session titled, Money, Money, Money — Facts & Figures for Financial Payoff.  Now I'm sharing this data and my findings with you.

Some of the results were surprising, some were silly, and some I expect will inform smarter pricing and publishing decisions in the year ahead.

For the study this year, we analyzed over $12 million in sales for a collection of 120,000 Smashwords ebooks from May 1, 2012 through March 31, 2013.  We aggregated our sales data from across our retail distribution network, which includes the Apple iBookstore, Barnes & Noble, Sony, Kobo and Amazon (only about 200 of our 200,000 titles are at Amazon).  As the world's largest indie ebook distributor, I think our study represents the most comprehensive analysis ever of how ebooks from self-published authors and small independent presses are behaving in the marketplace."

Read more ...

Tuesday, May 14, 2013

Despite Gains Made by Digital Books, Paperbacks Remain Most Popular Book Format


If you aren't already reading Publisher's Weekly, you need to sign up and get their free newsletter. This is where you will find Industry news, trends, and occasional juicy gossip. In this article, Bowker director Carl Kulo reveals that paperbacks are still garnering the lion's share of the market. (It's hardly surprising ... which would you rather take to the beach, an old paperback or your brand-new Kindle Fire?)

Online Retailers, E-books Gained in 2012

By By Jim Milliot, PW, May 11, 2013

At Publishers Weekly’s May 8 discussion series on trends in consumer book-buying, held at the offices of Random House in New York City, Carl Kulo, U.S. director of Bowker Market Research, highlighted the major shifts that took place in 2012 in such key areas as sales by format and by channel.

E-books captured 11% of all book spending last year, up from 7% in 2011, Kulo reported, while e-books accounted for 22% of units in 2012, up from 14% the prior year. In 2010, e-books accounted for only 2% of spending. Despite the gains made by digital, paperback remained the most popular format last year, accounting for 43% of spending, down one percentage point from 2011, while hardcovers represented 37% of dollar sales, down from 39%.

Read the rest HERE.

Sunday, April 28, 2013

Amazon’s Kindle Singles a Win for Readers, Authors


Reprinted with permission from the  Authors Guild Blog, April 23, 2013

We’ve been frequent critics of Amazon’s tactics in conquering established book markets, but credit is due to the company for doing what many would have considered impossible: creating a genuine market for novellas and novella-length nonfiction. In the New York Times this morning, Leslie Kaufman profiles Kindle Singles editor David Blum and cites Amazon’s statistic that about 28 percent of the 345 Singles published since January 2011 have sold more than 10,000 copies. Kindle Singles are a curated list of short e-books (5,000 to 30,000 words in length) available through Amazon’s Kindle Store.

Though publishing arrangements vary — some Kindle Singles are published by traditional publishers, others are self-published or put out by an emerging group of new publishers, such as Byliner — authors may earn as much as 70% of the proceeds from sales. Since bestselling Kindle Singles sell for an average price of $1.50 or so, a self-published author selling 10,000 or more Singles would likely earn revenues of $10,000 or more.

The current bestseller list of Kindle Singles includes many familiar names writing in genres that do particularly well in e-book form — including crime fiction and thrillers. What’s especially welcome to authors and freelance journalists is the healthy number of nonfiction titles on the list. These include works of history (#4, Mayflower: The Voyage from Hell, by Kevin Jackson; #16, Always Right, by Niall Ferguson), memoirs (#15, Dresden: A Survivor’s Story, by Victor Gregg), essays, and long-form journalism (#3, Trial By Fury: Internet Savagery and the Amanda Knox Case, by Douglas Preston; #13, Guns, by Stephen King, who’s donating proceeds to the Brady Campaign to Prevent Gun Violence). Writing on science also makes a credible showing on the Kindle Singles bestseller list (#43, Higgs Discovery, The Power of Empty Space, by Harvard physics professor Lisa Randall), as do works Amazon categorizes as reporting (#29, Here’s the Deal, by David Leonhardt).

It’s early days for Kindle Singles, too early to judge the eventual breadth and depth of this market. According to Amazon’s own numbers, just 100 Singles have sold more than 10,000 copies so far. But the trend, by all accounts, looks promising: Amazon is curating a new, significant short e-book market for authors and readers.

Friday, April 19, 2013

Self-Published Book Skyrockets Author to Success


Updated 5/25/24

This article captures the key to self-publishing success. If Colleen could do it, so can you.

According to Publishers Weekly, a whopping five books by Colleen Hoover—three of which are backlist titles—made it onto the overall and adult bestseller lists for the first part of 2022. Thanks to "adulation" on Book Tok, four of Hoover’s titles made the top 10 overall, and five made the top 10 in the adult category.

"SULPHUR SPRINGS, Texas — After a feverish month of inspiration, Colleen Hoover had finally fulfilled her dream of writing a book.

With family and friends asking to read the emotional tale of first love, the married mother of three young boys living in rural East Texas and working 11-hour days as a social worker decided to digitally self-publish on Amazon, where they could download it for free for a week.

“I had no intentions of ever getting the book published. I was just writing it for fun,” said Hoover, who uploaded “Slammed” a year ago in January.

Soon after self-publishing, people she didn’t know were downloading the book — even after it was only available for a fee. Readers began posting reviews and buzz built on blogs. Missing her characters, she self-published the sequel, “Point of Retreat,” a month later. By June, both books hit Amazon’s Kindle top 100 best-seller list. By July, both were on The New York Times best-seller list for e-books. Soon after, they were picked up by Atria Books, a Simon & Schuster imprint. By fall, she had sold the movie rights.

"I wasn't expecting any of this at all. And I'm not saying I don't like it, but it's taken a lot of getting used to," said the 33-year-old Hoover, who quit her job last summer to focus on her career as an author.

Hoover is both a story of self-published success in the digital age and of the popularity of so-called "New Adult" books, stories featuring characters in their late teens and early 20s. Others in the genre include Jamie McGuire's "Beautiful Disaster" and J. Lynn's "Wait for You." The novels, which often have explicit material, are seen by publishers as a bridge between young adult novels and romance novels.

"In a nutshell, they're stories of characters in their formative year, when everything is new and fresh," said Amy Pierpont, editorial director of the Hachette Book Group's "Forever" imprint, where "New Adult" bestsellers include Jessica Sorensen and J.A. Redmerski.

When Hoover finished her third book, "Hopeless," in December, she initially turned down an offer from Atria and decided to digitally self-publish again. By January, that book too was a New York Times bestseller and she signed that month with Atria to publish the print version, but kept control of the electronic version. The paperback is set to come out in May."

Read the rest of this fascinating story HERE.

Friday, April 12, 2013

What is Success? The Best-Seller's Numbers Game…

Neal Pollack
It’s not often you get to find out exactly how many books you have to sell before you can call yourself a “best-selling author.” Take a guess. Tens of thousands? Hundreds of thousands? Millions?

How about 10,000.

In a revealing interview on the A.V. club, best-selling author Neal Pollack not only gives us the inside skinny on his own numbers, but the inside skinny on what it means to be a “success.” Big publisher, six-figure advance, media hype?  It turns out it’s all relative.

This is what Pollack had to say about those mysterious numbers:
Neal Pollack Anthology Of American Literature: ”despite all the attention it was getting, sold maybe 10,000 copies.” 
Never Mind The Pollacks: “I’m almost embarrassed to say it, but I got a six-figure advance for Never Mind The Pollacks. Low, low, low six figures, but it was there … It is for a book that has sold, to this day, maybe 4,000 copies.” 
Alternadad “… got more publicity than two-dozen books combined. I was on Nightline, and they did a piece on my family life. That book was everywhere and did a ton of press. But, again, it sold only 10,000 copies.” 
JewBall (Pollack’s self-published book): “500 copies Kindle and paperback. Which is pretty normal for a self-published book … [Amazon's Thomas & Mercer imprint] republished it and quickly, very quickly, published it online and, a few months later, as a paperback. It sold 10,000-plus copies since they did that. And it’s never appeared, as far as I know, in a bookstore.”
Downward-Facing Death: “I wrote a yoga novel about that, again sold 10,000 copies. Ten thousand copies appears to be my threshold.”
If 10,000 copies is a measurement of success, then I can pat myself on the back. But, in spite of what you may hear, numbers aren't everything. Like Pollack, I’d like to see my book on a shelf somewhere, someday ... before I die.

Incidentally, I would also like to be proud of what was between the covers. And, if I were Neal Pollack, I would be.

In Allen Toussaint's immortal words:
"How does one decide
That the methods he's using,
They just don't jive
To truly believe and keep trying
Over and over again
Living in hopes,
That someday you'll be in with the winners
When should one change his mind
And jump the fence
For the dollar sign
It’s a sad thing, it's a bad thing
But so necessary
That this cold world forces
Your values to become monetary.
(It ain't necessary)"

Monday, April 8, 2013

The Slow Death of the American Author

It only hurts when I write...

Yesterday, The New York Times published an op-ed piece by Authors Guild president, Scott Turow. If you've been wondering how Amazon's proposal to sell used ebooks will affect the slew of self- published authors, it isn't a pretty picture.

"The Slow Death of the American Author"

By SCOTT TUROW

Published: April 7, 2013, NYT Opinion

"Last month, the Supreme Court decided to allow the importation and resale of foreign editions of American works, which are often cheaper than domestic editions. Until now, courts have forbidden such activity as a violation of copyright. Not only does this ruling open the gates to a surge in cheap imports, but since they will be sold in a secondary market, authors won’t get royalties.

This may sound like a minor problem; authors already contend with an enormous domestic market for secondhand books. But it is the latest example of how the global electronic marketplace is rapidly depleting authors’ income streams. It seems almost every player — publishers, search engines, libraries, pirates and even some scholars — is vying for position at authors’ expense."

Read the rest HERE.

Monday, April 1, 2013

Random House Opens Its Doors to Self-Publishers, Perhaps

Article first published as Random House Opens Its Doors to Self-Published Authors, Perhaps on Blogcritics.

Vanity of vanities; all is vanity

NOTE: Random House has now closed its Hydra imprint.

With a few famous exceptions, self-publishing, aka “vanity” publishing, has always been the kiss of death for writers. For aspiring writers hoping to take a seat in the hallowed halls of authordom, launching a novel with a self-published imprimatur was almost like having a scarlet A stitched onto your bodice – as far as the major houses were concerned.

Then, along came Fifty Shades of Grey, originally published as an ebook by an obscure “virtual” publisher in Australia. Within a year, Amazon announced that it had sold more copies of Fifty Shades than Harry Potter. The publishing world was shaken. An ebook, fan fiction no less, had outsold the top-grossing series of all time. Random House, still smarting from having turned down J.K. Rowling, leapt to its metaphorical feet and did the unthinkable. It picked up a self-published ebook. This was a first for the world’s largest publisher, an opening of doors that had, up until now, been almost impossible to enter. It was hailed as a turnaround for the industry. But was it?

Random House’s sudden epiphany - “there’s gold in them thar hills!” - was followed by yet another Eureka moment. Anybody can sell electronic books! Random House immediately threw its hat into the ring, and started its own digital imprints: Alibi (mystery), Loveswept (romance), Flirt (for “New Adults,” whoever they are), and Hydra, a sci-fi imprint aptly named after a multi-headed reptile which was so poisonous even its tracks were deadly. Notwithstanding the ominous association with Greek monsters, Random House held out the biggest carrot of all time: Authors could submit their works, even those “previously published,” directly to Random House, thus bypassing the almost insurmountable hurdle of snaring an agent.

Naturally, there was a catch – or two.

The first catch was that authors would have to bear the costs of publication. This is also true for self-published authors, though now those costs would be exclusively determined by Random House. The second was that instead of receiving the traditional advance against publication, there would be “profit sharing.” The publisher and author would split revenues 50/50. As it turns out, “profit sharing” is simply a rebranding of the Subsidiary Rights clause of the standard Random House contract, in which proceeds of electronic books, audiobooks, translations, etc. are divided equally between publisher and author.

In short, by removing up-front payments to the author, while simultaneously eliminating all of its own expenses, Random House was imitating a vanity press. But, unlike vanity houses, they would take half of the profits. Random House was hoping nobody could add.

The Science Fiction and Fantasy Writers Association (SFWA) not only added, they subtracted their members. In a scathing letter sent to its members on March 6, the SFWA stated that it had “determined that works published by Random House’s electronic imprint Hydra cannot be used as credentials for SFWA membership, and that Hydra is not an approved market.”

The reason? “Hydra fails to pay authors an advance against royalties, as SFWA requires, and has contract terms that are onerous and unconscionable. Hydra contracts also require authors to pay – through deductions from royalties due the authors – for the normal costs of doing business that should be borne by the publisher.”

Needless to say, there are serious ramifications from being blacklisted by sci-fi’s largest and most influential writer’s association. Random House was compelled to make an immediate rebuttal.

“We read with interest your posts today about the new Random House digital imprints and our business model,” wrote Allison Dobson, V.P., Digital Publishing Director. “While we respect your position, you’ll not be surprised to learn that we strongly disagree with it, and wish you had contacted us before you published your posts.”

The opening of this letter precisely mimics the simulated regret that politically correct parents employ when punishing their wayward children: We like you, but we don’t like what you did.

Sci-fi wrists duly slapped, Allison now proceeded to the spin, “with a profit-share model … the author and publisher share equally in the profits from each and every sale. In effect, we partner with the author for each book.” Allison describes this partnership as “an all-encompassing collaboration.”

(Translation: We are on your side. We’re really your friends.)

Addressing costs, Allison says, “These costs could be much higher--and certainly be more stressful and labor-intensive to undertake--for an author with a self-publishing model. Profits are generated once those costs are subtracted from the sales revenue. Hydra and the author split those profits equally from the very first sale.”

(Translation: You’re too young to handle this. Leave everything to us. We know what’s best for you.)

As a disciplinary device, this letter was nothing short of brilliant. It hit every aspiring author’s weak spots in a way that nobody could resist. But Random House has had plenty of practice at this game. These tactics are the stock-in-trade of publishing houses: shining promises, followed by intimidating jargon, followed by incomprehensible terms.

SFWA did not recant, and Random House was forced to comply with the usual standards of print publication. Authors submitting work to Random House’s electronic imprints are now offered a choice of the advance against royalties model, with a royalty of 25 percent of net receipts, and the publisher “will cover production, shipping, and marketing for all formats at 100 percent of cost.”

The day has been won by organized labor, but in reality nothing has changed. Authors still provide the raw materials (for a small percentage), and publishers provide the finished goods for the bulk of the profit. Whether it takes on a new guise, sports a new brand, or appears to adopt a new format, The thing that hath been, it is that which shall be; and that which is done is that which shall be done: and there is no new thing under the sun.

Get the details:
http://www.digitalbookworld.com/2013/sci-fi-and-fantasy-writers-group-condemns-random-house-hydra-digital-imprint/

http://www.publishersweekly.com/pw/by-topic/digital/content-and-e-books/article/56244-rh-responds-to-sfwa-slamming-its-hydra-imprint.html


Saturday, March 16, 2013

A Simple Way to Sell More Books

Otis Chandler
"What makes someone decide to read a particular book? Do people read on their cell phones? Is there really a "walled garden" or do people shop around for e-books? And how many readers actually want books in serial format?" Goodreads has answers to all of these questions.

At the recent ‘Tools of Change’ publishing conference in New York, Goodreads CEO Otis Chandler revealed a remarkably simple, effortless way for authors to sell more eBooks on Amazon… or in fact anywhere eBooks are sold online.

In a survey of Goodreads’ 15 million strong membership, he found that the main driver of eBook purchases was, unsurprisingly, ‘referral by a friend’. But when a follow-up question was put to readers, another powerful sales strategy for authors emerged.

They were asked: “What do you want to do when you get to the end of a book?”

The telling response was this: 83% wanted to see what else the author had written.

The question is, how do you get readers to find your other work?

It's simple - PUT LINKS TO YOUR OTHER WORK AT THE END OF YOUR E-BOOK.

Why waste an opportunity to advertise your books?

More information:

Read Otis Chandler's fascinating report on what makes people want to read a book, where they do it, and how.

Friday, March 8, 2013

How Amazon Killed Barnes & Noble, and Why We Don't Care

"I have many skills..."

Originally posted on Blogcritics as "How Amazon Killed Barnes & Noble, and Why We Don't Care." 

The year was 2010. Stephen Riggio, then CEO of Barnes & Noble, heralded the company's entry into the epublishing world. In a breathless announcement, Riggio euphorically proclaimed that Barnes & Noble would top the 18% mark in e-books "overnight." Not to be outdone by his own enthusiasm, Riggio predicted that Barnes & Noble would earn better margins from e-books than print books. Its booksellers would become, in his words, "e-bookevangelists."

Beware of all enterprises that require new jargon.

Today, even as I write, Barnes & Noble is crashing and burning. According to CNET, the company's earnings slumped an astonishing 63 percent, from $150 million last year to $55.5 million this year. The culprit? Nook.

Over the last quarter, Barnes & Noble watched in horror as Nook sales, their e-book division, plummeted 26%, with losses of over $190 million. It was like watching Icarus fall out of the sky. Stephen Riggio's dream of “overnight” success was so far off the mark, one had to wonder if he was high when he made his announcement two years ago.

Riggio wasn't high. In fact, Nook is a great e-book reader. Anyone who has worked with Nook's .epub files can tell you they are infinitely better than the cumbersome .mobi files used by Amazon's Kindle. Epub files produce a nice, cleanly formatted page that looks just like a book. Mobi files look just like a mess. But, as every entrepreneur knows, better products do not necessarily lead to better sales. So, where did Barnes & Noble go wrong?

Where B&N went wrong

Barnes & Noble had a better product, a better reputation, and a farther reach than anyone else in the book selling business. The problem was that Riggio misjudged – very badly – how to handle the burgeoning business of self-publishing.

With the advent of epublishing, writers who could never hope to see their books in print could get their work to readers without the time-consuming, and usually fruitless, task of trying to snare an agent, followed by the even more frustrating job of trying to hook a publisher. With epublishing, writers could simply upload a file, set a price, and voila! Instant publication. What's more they could do it anywhere, any time. No deadlines, no delays. An equal draw was that writers who epublished could completely control their work. With the elimination of pesky editors who demanded “show don't tell” and required the proper use of apostrophes, everything that went on or between an e-book's cybercovers was entirely up to the writer. To add icing to the cake, writers who epublished got to keep 70-80% of their royalties. Compared to the measly 10% (and that was on a good day) meted out by print publishing houses, it was a no-brainer.

According to Bowker, there were 211,269 self-published titles released in 2012, up from 133,036 in 2010. This surge in self-publishing, owing in large part to e-books, represents not just people “living the dream,” but an enormous business opportunity for anyone with the ability to turn other people's dreams into their hard cash. Barnes & Noble, with its gentlemanly rules of conduct and brick-and-mortar mentality, simply had no concept of how to corner the market. Amazon did.

The coup de grâce - Amazon's KDP Select

Amazon has always enjoyed the top rank in online sales. If you want to buy a book, any book, chances are you'll find it on Amazon. The “beauty part” is that, unlike brick-and-mortar stores, Amazon has minimal stocking requirements. Anybody can sell a book. Amazon merely takes a percentage.

So, when e-books came along, Amazon was already familiar with the rules. Writers could put their e-books up for sale much as they did their used print books. Amazon would take a percentage, and, additionally, provide delivery. Barnes & Noble did the same thing, but the difference – and this is crucial – was that if you enrolled in Amazon's KDP (Kindle Direct Publishing) Select program, you got to give your book away. The catch: You couldn't put your book up for sale on any other site for a (renewable) 90-day period.

Writers quickly discovered that giving an e-book away for free was the fastest, cheapest, and easiest way to build a readership. For the popular genre writers, such as romance and mystery/crime, it was a dream come true. Books in popular genres could rack up 20,000 to 30,000 downloads in a single weekend. Numbers like those would not only be considered a wild success in the print publishing world, they would be virtually impossible. Publishers rarely promote first-time authors.

Cottage industries have sprung up around the KDP Select phenomenon. Numerous websites will not only post which Kindle books are free on any given day, but will review them, and even send daily free titles to your inbox. There is no denying the appeal of getting something for nothing.

For writers, and for Amazon, it is a win-win situation, because free days are fantastic promotional tools. Invariably, free days lead to increased sales. And for those writers who simply must hold their precious darlings in their hands, Amazon also provides print-on-demand. Amazon’s CreateSpace took first place in the self-publishing world last year with 57,602 new titles. Amazon is happy. Writers are happy. Customers are happy. Everybody is happy.

Except Barnes & Noble. Which is dead.


Monday, March 4, 2013

Anatomy of an Amazon Bestseller


The received wisdom of self-publishing is to place your book everywhere, and in all formats. I did that (mostly). And it didn’t work. This is why: Writers who finance their own work can’t possibly promote their books everywhere, and in all forms.

Book promotion is time-consuming enough as it is, but promoting a book to brick-and-mortar booksellers, libraries, organizations, and individuals all at the same time is impossible. If we obeyed received wisdom, not only would writers have no time to write, we wouldn’t have time to breathe. That’s why we are drawn to publishing houses, with their lure of marketing departments.

The promotion dilemma is one which I tackled after self-publishing my first Ebook. (It was not in print form, thank God.) Dutifully, I made it available to everyone. After three months of minimal sales, I jumped ship and enrolled in Amazon KDP Select.

For those who are not familiar with Amazon’s KDP Select program, it requires exclusive publication for 90 days (renewable). In short, you have to remove your ebook from all other sites that may be selling it. At first glance this seems to be contradictory. How can you sell more books with fewer suppliers? The answer to that question is exposure.

KDP Select allows authors to give their books away for up to five days in any 90-day period during which the book is enrolled. Giving away products is a proven technique for increasing visibility – and it works like a charm for books.

I enrolled my book in KDP Select in December, and I advertised my free days (the weekend right before Christmas) to organizations, individuals who had written reviews, bloggers, anybody who might be interested. That weekend 1500 people downloaded the book. Although I was quite pleased, I’d hoped for higher numbers. What I didn’t expect was the incredible surge in visitors to my new website. During those two days, two thousand people visited my website. This was a considerable improvement over my previous number of visitors, which was in the category of “less than 10.” The best part was that sales increased. People who missed the book’s free days simply bought it. (I’d priced the book at $2.99)



Determined to do better on my next free days, I advertised more heavily. This time I put the announcement on every Facebook page that might even be remotely connected to my subject. (I also started a Facebook page for my book, something I should have done much earlier.) Facebook chastised me, and then kicked me off for two weeks with dire warnings of permanent banishment, but not before I’d posted the free days on nearly 200 Facebook pages.

This round, there were over 1700 downloads. It was a modest gain. And to my disappointment, fewer people had visited my website. But the number of people visiting the website daily had increased by a factor of ten. And my book’s Facebook page had a reach of 3,000. Once again, there was an uptick in sales.

I only had one free day left, and I was pulling out all the stops to make this a big one. Starting two weeks prior to the event, I notified all the people I’d contacted on previous free days, and, in addition, I posted on every Facebook page that had not reported me as “spam.” (This was easy to do. I simply looked to see which of my previous posts were still there.) And because I now had over thirty 5-star reviews from previous free days, I was eligible to advertise my free days on several Kindle promotion sites. (More on those HERE.)



On my remaining free day, there were 6,292 downloads (which is not bad for an obscure medical reference book). Following the previous trend, there were fewer visitors that day to my website than during other free days, but there was a corresponding increase in daily visitors. Interestingly, my blog readers suddenly jumped to several hundred a day. That month, the book sold more than double the copies of the previous month. It was #1 on the bestseller list for my category, and placed in the top 20 for the next larger category. It was also on the Top 100 list for free books. (Smack between one book displaying a brawny pirate kissing a damsel in distress and another featuring a brawny farmer kissing a damsel in straw.)



What had happened was fame. With nearly 10,000 people who had my book in hand (metaphorically speaking) I was now known in the appropriate circles. I got a job offer to edit a newsletter, and requests to do webinars and give talks. In short, I now had a platform.

While this short trial of KDP Select has been successful, I will probably call it quits after another three-month run and follow received wisdom. There is a time and place for everything. And the time to hit all venues is after your name is already out there.

Here are the KDP Select Ruleshttps://kdp.amazon.com/en_US/help/topic/G200798990

Related posts:

Free Publicity for Your KDP Select Free Days

Top 12 Sites for Finding Reviewers

10 places to find reviewers for your self-published book

Monday, January 28, 2013

Considering Self-Publishing? First Take Guy Kawasaki's Advice


This article first appeared in Forbes Magazine in 2013, but it is still relevant today. Guy Kawasaki was one of the Apple employees originally responsible for marketing the Mac in 1984. He has written several best-selling books. His thoughts on "artisanal publishing" and your "karmic scoreboard" are worth considering. 

What really stands out for me in this interview is his answer to "Why write a book in the first place?" Guy Kawasaki says, "If you’re writing a book simply as a means to an end – to get rich, or to get the word out about your expertise, or to attract more consulting or coaching business – forget it."

I have to agree with him. Writing a book requires a considerable investment of time and effort. Getting it published requires Herculean stamina. If you are self-publishing, you're going to have to spend hours every day promoting your book. And if you are being traditionally published, you'll have to put up with rejections, delays, and ultimately, you will spend hours every day promoting your book. All of that takes conviction. So, write if you have something to say, and then be prepared to stand behind it.   

The "I" in this article refers to Kathy Caprino, who conducted the interview.

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Considering Self-Publishing? Don't Bother, Unless You Follow Guy Kawasaki's Advice

By Kathy Caprino, Contributor, Forbes Jan 21, 2013

Recently, I had the enormous pleasure of chatting with Guy Kawasaki, co-founder of Alltop.com, founding partner of Garage Technology Ventures, and former Chief Evangelist for Apple. Guy is the author of ten books, including Enchantment, Reality Check, and Rules for Revolutionaries. If you haven’t followed Guy’s writing and blog, you’re truly missing out. He’s utterly brilliant, wise, iconoclastic, brutally frank, and downright hilarious.

And if you’re considering self-publishing a book, make the first resource you read Guy’s new book APE: Author – Publisher – Entrepreneur – How to Publish a Book, co-written by Shawn Welch.

I don’t recommend resources lightly, but as one who worked in traditional publishing for years and had my own book Breakdown, Breakthrough, published traditionally, I believe Guy’s new book is a true winner, full of practical, realistic solutions, strategies and tips for self-publishers.

In 2011 the publisher of Guy’s New York Times bestseller, Enchantment, could not fill an order for 500 ebook copies of the book. Because of this experience, Guy self-published his next book, What the Plus!: Google+For the Rest of Us, and learned first-hand that self-publishing is a complex, confusing, and idiosyncratic process. He decided to learn as much as he could about successful self-publishing, and share his knowledge with all those who want to venture into the self-publishing arena.

I asked Guy about the process of self-publishing, what he’s learned from it, and also what makes it worthwhile to write a book in the first place.

Here’s Guy’s take:

Why write a book in the first place?

If you’re writing a book simply as a means to an end – to get rich, or to get the word out about your expertise, or to attract more consulting or coaching business – forget it. Stop what you’re doing right now. If you’re thinking just about what you can get out of it, you’re probably writing a “crappy” book (Guy’s word), and your “crap” will be forever immortalized in black and white. Something you definitely don’t want.

Guy advises, “Write a book because you have something important to say. If you have a life story that inspires, or information that you believe everyone in a particular niche NEEDS to know, then do it.” But don’t just rush to get something out because you think it will enhance your career, profile, business, or bank account. You just won’t succeed with those inner motives.

(On that note, I’ve been floored by the advice I’ve heard some small business and entrepreneurial success coaches give my colleagues and clients – to just slap together a book quickly and get it out there, to make money and build their credibility. I’m with Guy – your credibility is shot if you do that, and trust me, your discerning readers can tell what you’re trying to do. And it’s important to realize that the vast majority of authors don’t make any money to speak of from their books.)

Your karmic scoreboard

Guy believes in the concept of a “karmic scoreboard” – that what you put out in the world will come back around to you. Self-publishing solely to advance yourself reduces your “karmic score.” On the other hand, being kind, generous, and helpful – being of service to others as your first goal – increases your karmic score. If your motivation is to help others with no expectations of what you’ll get in return, you’ll find that the process is also self-supportive, because when you set out to support the enrichment of others, it comes back to you tenfold.

Artisanal publishing (vs. self-publishing) – the new trend in publishing

In his book APE, Guy talks about “artisanal publishing” as a process that features writers who love their craft, and who control every aspect of the process from beginning to end. In this new approach, writers are no longer at the mercy of large, traditional publishers, and readers will have more books to read.

The self-publishing world has eradicated the filters and barriers that the traditional publishing world represented (where editors – typically male — made the judgments about content and worthiness). In the old days, the imprint of the publisher was a proxy for quality – if you were accepted by the publisher, you passed the test. Now the proxy for quality is how your book fares in terms of reviews and ratings on Amazon, and sales. Customers vote on the book’s quality or on their need to expose themselves to your material by clicking to purchase, or not clicking.

Read the rest of this article HERE.

Thursday, January 24, 2013

ISBNs: When You Need One and When You Don't


Updated 1/16/24

The ISBN (International Standard Book Number) is a unique number that identifies books by title, edition (hardback, paperback, electronic ), publisher, and by language. ISBNs have been in use as a means of identifying books since 1970. Originally, the code was 10 digits long, but since 2007, ISBNs have contained 13 digits.

Each section of the code refers to a different piece of information. For example, in the code 978-0-9883646-0-8 the initial prefix “978” identifies the item as a book, the following “0” means it is written in English (a “1” may also be used). The next long string of numbers identifies the publisher. The following “0” represents the title and edition of the book (electronic in this case). The last number is a verifying code based on an algorithm that you don't need to know about.

In the United States ISBNs are distributed by Bowker. You can purchase one ISBN for $125, or, if you feeling prolific, you can purchase a block of ten for $295. The question is, do you need one if you are self-publishing?

When you need an ISBN

If you are thinking of putting your book into print, whether it's through print-on-demand, or any other self-publishing print venue, you will need an ISBN. You will also need the barcode that is normally found above (and below) the ISBN. (There are a number of sites that generate barcodes for free.) Without an ISBN, no library will ever order your book, no book store will stock it, no one will review it – your book may as well not exist.

When you don't need an ISBN

If you are epublishing, you don't need to purchase an ISBN. Amazon doesn't require one. (Amazon assigns its own code, an ASIN number). Barnes & Noble has gone that route for Nook ebooks as well. If you decide to distribute your ebook through Smashwords, they will assign an ISBN from their own stock. (However, the ISBN code will identify Smashwords as the publisher.)

When I published my ebook I didn't realize how useless an ISBN was going to be. Not knowing the ways of libraries, I assumed they would be able to order my ebook via its ISBN number. At the time, I didn't realize that libraries only order books – print or electronic – through distributors. To my dismay, I discovered that distributors deal only with publishing houses. (In my state, the distributor is OverDrive. But in other states, Smashwords and other ebook publishers may be used.) The problem was, even though I was giving my ebook away for free, no library would take it. So my rationale for buying the ISBN was completely wrong.

If you are planning on starting with an ebook, but are on the fence about about whether to self-publish in print format (or are considering trying to snag a publisher), you can always purchase an ISBN later. My advice is to save your money and wait.

Learn more about ISBNs HERE.

Friday, January 18, 2013

The Children's Digital Market: Still Uncharted Territory


(Article by Gabe Habash, originally posted on Publishers Weekly 1/19/13) 

The growing complexity of the children’s digital market was parsed by industry experts at the Publishers Launch Children's Publishing Goes Digital Conference in New York on January 15, as panelists and speakers agreed that the transition from print to digital will not be a clean, easy movement and that things are still very much in the experimentation stage. The day-long conference kicked off with the presentation of the findings from a recent study by Bowker that found that among children, there has been a marked decline in bookstore and library influence as a source of recommendation and acquisition, and that many purchases are instead migrating online to vendors like Amazon. The study is part of Bowker’s Understanding the Children’s Book Consumer in the Digital Age.

Friends and family overtook bookstore browsing and libraries as the top influencers, painting the picture of the children’s book market as a highly local word-of-mouth economy. The erosion of libraries and bookstores may be misleading, though, as Gretchen Caserotti of the Darien Public Library used a case study involving Adam Gidwitz’s A Tale Dark and Grimm, which Caserotti said the library system recommended to the local school systems, and that based on the library’s recommendation (and a local award for the book), the school system widely assigned the book in classrooms. When asked how they heard about Grimm, students would most often respond that they heard of it through friends, even though the book was largely implemented because of the push of the library.

The Bowker study had some surprises, most notably: 84% of YA books were purchased by consumers 18 or older – and a full 35% of YA books were bought by consumers aged 18-29, by far the largest demographic. The second-largest demographic was age 30-44; within that segment, dispelling the notion that the YA books are gifts or purchases for teens, fully 80% of respondents reported “they bought the book for themselves.”

In all areas of media use with the exception of video games, girls outpaced boys, both in terms of behavior and in their willingness to engage in discussion.

On the topic of digital, a surprising shift back to print was seen since spring 2012, and for the year e-book adoption growth was flat among teens, with some evidence that teens liked print more in the fall than they did in the spring. One possible reason for this, according to Bookigee CEO Kristen McLean, could be the “shininess” wearing off new devices and, as people become accustomed to what digital can offer, they are making more nuanced decisions regarding reading habits.

Supporting the Bowker finding about teen attitudes toward digital, members of Nook’s digital team shared the fact from a 2012 Figment survey that said 35% of teens are reluctant to embrace digital reading. Kashif Zafar of Nook also revealed that the majority of Nook e-books are purchased on a device and that that number is growing. Further, he said, customers are very aware of price point and level of interactivity, with a gravitation toward full read-and-play titles (the highest level of interactivity).

Perhaps the most eye-opening statistic of the day was that the unit share for online sellers is 41%, but the discovery share for online sellers is 5%. The figure was presented by Peter Hildick-Smith of Codex Group, who stated that the disparity indicates that e-tailers need new strategies when it comes to discovery. A study done by Codex Group in December 2012 found that schools are still the greatest discovery source for books for children, with the category “schools, professionals (teachers, librarians, etc.), and groups” at 28% being the most common answer by parents asked where they found out about the last book they purchased for their child. Within that category, book fairs were the biggest contributor. After that category, 23% of respondents said they found out about the book from their child, 20% said a physical bookseller, and 12% said through digital. And to further show digital’s lagging influence in the children’s sphere, 81% said the recommendation for the book came “in person,” and only 5% said it came through social media.

One area where digital children’s books is beginning to make headway is in the school systems. Todd Brekhus of myON, a digital reading platform that doubled its revenue and number of titles in the last year, estimated that the education technology is a $7.76 billion market, and that it’s a great opportunity for publishers to match the right titles with the right readers. Terri Lynn Soutor of Brain Hive, another growing digital reading platform for schools, stated that there’s been an 83% increase in the number of e-books on a per school average nationwide, and that $42 million was spent on e-books in the U.S. last year. Soutor echoed Brekhus’s point regarding the opportunity that the still largely untapped education technology market holds for publishers, stressing that it’s a low risk proposition and there’s no product development investment.

http://www.publishersweekly.com/pw/by-topic/childrens/childrens-industry-news/article/55521-why-the-children-s-digital-market-is-still-uncharted-territory.html?
utm_source=Publishers+Weekly%27s+Children%27s+Bookshelf&utm_campaign=7fbb7acb31-UA-15906914-1&utm_medium=email

Tuesday, January 15, 2013

"How I Became a Best-Selling Author": Self-publishing is upending the book industry. One woman's unlikely road to a hit novel.


Original cover by Darcie Chan
Updated 1/14/24

This is an older article, but the self-publishing industry really hasn't changed all that much. Darcie Chan's experience still resonates among writers who have been turned down by hundreds of agents and dozens of publishers. After waiting five years for agents and publishers to take notice of her, Darcie decided to take matters into her own hands.

Her strategy was to pay for a review on Kirkus, which fortunately was favorable. Then she published her book on Amazon for 99 cents. She says that when she sold 100 books she danced around the kitchen, but the real boost came when her book got a mention on Ereader News Today.

Ultimately, Chan's key to success was getting promoted on a bigger platform. 

For more information on Kirkus and other paid review sites

High-Impact Paid Promotion for Indie Authors

Related articles

10 Self-Publishing Success Stories Every Author Should Know


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How I Became a Best-Selling Author

December 9, 2011, Yahoo Finance 

This summer, Darcie Chan's debut novel became an unexpected hit. It has sold more than 400,000 copies and landed on the best-seller lists alongside brand-name authors like Michael Connelly, James Patterson and Kathryn Stockett.
It's been a success by any measure, save one. Ms. Chan still hasn't found a publisher.
Five years ago, Ms. Chan's novel, "The Mill River Recluse," which tells the story of a wealthy Vermont widow who bestows her fortune on town residents who barely knew her, would have languished in a drawer. A dozen publishers and more than 100 literary agents rejected it.
"Nobody was willing to take a chance," says Ms. Chan, a 37-year-old lawyer who drafts environmental legislation. "It was too much of a publishing risk."
This past May, Ms. Chan decided to digitally publish it herself, hoping to gain a few readers and some feedback. She bought some ads on Web sites targeting e-book readers, paid for a review from Kirkus Reviews, and strategically priced her book at 99 cents to encourage readers to try it. She's now attracting bids from foreign imprints, movie studios and audio-book publishers, without selling a single copy in print.
The story of how Ms. Chan joined the ranks of best sellers is as much a tale of digital marketing savvy and strategic pricing as one of artistic triumph. Her breakout signals a monumental shift in the way books are packaged, priced and sold in the digital era. Just as music executives have been sidestepped by YouTube sensations and indie iTunes hits, book publishers are losing ground to independent authors and watching their powerful status as literary gatekeepers wither.
Self-publishing has long been derided as a last resort for authors who lack the talent or savvy to hack it in the publishing business. But it has gained a patina of legitimacy as a growing number of self-published authors land on best-seller lists. Last year, 133,036 self-published titles were released, up from 51,237 in 2006, according to Bowker, a company that tracks publishing trends.
A handful of self-published authors have achieved blockbuster status, selling more than a million copies of their books on the Kindle. While they represent a tiny minority of independent authors, the ranks of the successful are growing. Thirty authors have sold more than 100,000 copies of their books through Amazon's Kindle self-publishing program, and a dozen have sold more than 200,000 copies, according to Amazon. The program, which Amazon launched in 2007, allows authors to upload their books directly to Amazon's Kindle store, set their own prices and publish in multiple languages. Barnes & Noble followed suit in 2010 with a similar program for its Nook e-reader.
Self-published titles have been buoyed by an explosion in digital book sales. E-book sales totaled $878 million in 2010, compared to $287 million in 2009, according to the Association of American Publishers. Some analysts project that e-book sales will pass $2 billion in 2013.

Read the rest of this story HERE.

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