Posts Tagged ‘sales’

New Evidence for the Future of the Printed Book

Wednesday, September 8th, 2010

Black hole at the center of our galaxySometimes being a sci-fi geek has its benefits. It’s often said that not everything written about in science fiction exists, but everything that’s discovered in science existed first in science fiction. Now, sci-fi is leading the revolution in book packaging that we discussed in a previous blog post.

A new book by Daniel Wallace, The Jedi Path: A Manual for Students of the Force, won’t be your usual reference tome. With a hefty US$99 price tag, the promise is a full-color interior, “missing” pages, removable trinkets, flashing lights, sound, and movable parts. Oh, and there’s even an actual printed book to read somewhere in the package. Clearly not your usual hard cover edition.

With all the new formats — e-books, vooks (video books), audio books, enhanced books, collector editions with special features — it can seem like a confusing time. Or is it just the most exciting opportunity we’ve ever seen for creating new ways of communicating with your audience?

Amazon’s Lock on P-book Distribution for Self-Publishers

Friday, May 28th, 2010

Barnes & Noble just announced they are creating a distribution platform for independent authors to sell self-published books on the B&N website –- e-books only.

Smashwords allows anyone who can create a MS Word document to self-publish and distribute on nine platforms including Amazon Kindle, Barnes & Noble, Sony, Kobo, Apple, and the Smashwords site itself — e-books only.

Of course, Amazon has offered e-book distribution through the Kindle for what seems likes ages now.

So there are many ways to sell and distribute an independent book as long as it’s an e-book.

But if you want to sell a p-book –- that’s a traditional paper book — as a true self-publisher, you have limited options: your own website and Amazon. That’s about it.  Only Amazon offers a program to allow easy sales and distribution of paper books, books that still make up at least 95% of all book sales.

The Amazon program is pretty simple. For $29.95 USD per year, you can have a seller’s account on Amazon.com and your book is listed in their search engines. They won’t keep many copies in stock, so your sales need to drive their purchase orders. But they guarantee you 45% of the retail price of your book. Not great, but manageable. When you start to sell in volume (i.e., you’re shipping them cases of books rather than one or two books at a time), it starts to pay off. They pay you each month with a direct deposit to your bank account. Plus they are the largest e-tailer in the world, so there is value in the exposure you get.

Oddly, as everyone rushes to compete in the emerging digital market, they are leaving Amazon to its monopoly on p-books for the self-publisher. No one wants to challenge the mighty Amazon? Really?