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Tag: publishing

Do Not Pass Go! eBook Prices May Drop As EU And US Double-team Apple And Publishers

Do not pass go do not collect $200Ars reports that the European Commission is teaming up with the US Department of Justice investigating allegations of collusion and price-fixing in the eBook market by Apple and several large publishers. Apple and publishers Harper Collins, Simon & Schuster, Pearson’s Penguin, Hachette Livre, and Macmillan are accused of working together in order to keep eBook prices artificially high, in some cases higher than the printed edition.

This alleged collusion is behind the move to the agency model in the eBook market by Amazon, Apple, and Barnes & Noble. In the agency model, publishers, rather than the retailer, set the prices of eBooks. Prior to that change, Amazon set its own prices for eBooks, often at a deep discount over the paperback cover price. Most Kindle eBooks costs $9.99 and less during that time, much to the chagrin of publishers who feared a rapid erosion of the printed book market. This changed after several of the large publishers threatened to withhold their books from the Kindle store unless Amazon agreed to the agency model they had worked out with Apple. Following this change, eBook prices rose dramatically, in some cases exceeding the cost of print.

If the EU and US actions against Apple and the publishers is successful, they will likely see large punitive fines and be forced to abandon the agency model. This could see a reduction in eBook prices which in addition to increased happiness for book readers, in this writer’s opinion, could also spark a boom in sales of eBooks and readers. Anything that grows the eBook market is quite welcome here!

Amazon Brings The Pain With KDP Select!

As a runner, I was always taught to never look back at the competition. Keep moving forward, never slow down. With its introduction of the KDP Select program for self-publishers, Amazon clearly intends to add to its already commanding lead in the eBook market.

KDP Select adds a number of new features that self-publishers on the Kindle have been asking for for some time. These include the option to offer books for free, and to participate in the Kindle Owners Lending Program, with an attractive cash incentive in the form of a $500000 fund for participants. KDP Select adds a terrific toolset for promoting your eBooks, but there is just one little catch. Books enrolled in the program must be Kindle exclusives for at least 90 days.

That last little catch won’t be much of a stumbling block for most authors who already publish on the Kindle. But it’s virtually a nuclear strike against Amazon’s eBook publishing competitors such as Barnes & Noble’s PubIt!, Smashwords, and Apple’s iBookstore. The marketing and cash incentives are simply too good to pass up. While Learncrest has no plans to pull our current eBooks from other stores, new titles will very little be enrolled in the program.

So for it looks like Christmas has come a little early for many eBook self-publishers. But Amazon’s eBook rivals may be getting lumps of coal this holiday season.

Let’s Burn Down The Great Library of Alexandria Again!

Google and the Great Library of AlexandriaI first learned of the Great Library of Alexandria as a kid watching Carl Sagan talk about it on his show, Cosmos on my local PBS station. Like Sagan, I was greatly saddened by the story of its destruction and the great setback to human progress that represented. Books were my greatest treasure growing up, and their destruction was almost unthinkable.

In the time of the Great Library, books were written on papyrus and copying one was a painstaking and time consuming, manual process. Today, most new books are digital and it is an increasing simple matter to digitize those that are not. The Google Print Library Project sought to digitize the great works, many of which are out of print, housed in the libraries of some of the most prominent universities in the world. In effect creating a great digital library the likes of which Alexandria could only dream of!

Since beginning the project, Google has been sued by publishers, had an agreement made with said publishers rejected by the courts, and is now being sued by The Authors Guild which may be the last straw for the project. It’s as if the Great Library is being burned down again before it can even be built!

The conflicts all center on copyright and control. The publishers and authors certainly have the right within our legal systems to control their works. But I think they’re missing the larger picture. No one writes a book just so it can languish in the dark on some long forgotten shelf in the basement stacks of a library. Most of us write so that others may share our thoughts and stories. Some of us are even able to make a living doing that, but not most! Books were written long before it became a profitable thing to do.

When a book goes out of print, practically speaking, that author’s voice has been silenced and will soon be forgotten. When books existed solely as physical objects, this was inevitable. A bookstore has to clear space for new books. A library has to rotate older work to archival stacks to make room for more current work researchers access more frequently.

A digital library of eBooks has unlimited shelf space. The works of the great masters of antiquity and those of contemporary writers can be equally accessible. That is, as long as the authors and publishers have the foresight to make their works available in digital format. If an author wants people to read their books, it would seem to be a no brainer, digitize your books. If a publisher wants to profit from the back catalog of works, digitize your books.

But so far efforts to transition to widely available eBooks have been stalled by disagreements that seem bent on maintaining the old business model. Regardless of current disagreements, the future is eBooks. If the old guard won’t get with the program, a new generation of authors and publishers stands ready to replace them.

No one knows how many great works were lost when the Great Library of Alexandria was destroyed. But life went on and while the lost works of the old masters were forgotten, in time new masters arose to take their places.

Will Publishers Survive The eBook Revolution?

My youngest son, who’s only 10, wants to publish his Young Authors story as an eBook and sell it for 99 cents. I told him sure, I’ll do it. With the process I’ve built, it’s pretty easy to do and should be a fun project. And who knows, it might even be profitable!

Scenarios like this can only cause great fear and trepidation in the large publishing houses, who like the music industry before them, are faced with a serious threat to their existence as they have known it. Any artist with the technical know-how and inclination can create and sell directly to the public. Authors no longer need publishers to sell their books. Arguments about editing and quality of work aside, those are the brutal facts.

So how can publishers survive? Well first of all, they can last a long time on their enormous back catalogs books that can be converted to eBook formats. It means renegotiating a lot of contracts, but, if they aren’t too greedy, it can be done. Readers don’t just want cheap eBooks, we want quality ones as well. The big publishers have many of the world’s best writers to draw on. If they market and price their products well, people will continue to buy.

The tricky thing for them will be attracting and retaining new talent. The authors of today know that they don’t need publishers to sell their books if they’re willing to publish in purely digital format. Publishers have to offer something more. Money certainly helps, but today’s author is going to be very reluctant to cede much control/ownership of their works to publishers. I think editing and marketing are the places where the big publishing houses offer the most attractive services. They have the resources to promote authors across all major media.

To survive, the major publishers need to identify and sign the next generation of authors. These writers are not waiting around to be discovered. They are writing and publishing eBooks right now and some of them are already having a lot of success doing so. If publishers miss this boat, they really will be sunk.

Selling eBooks: Some Thoughts

A tweet this morning from WriterDonna lead me to The Quest for eBook Sales on Green Ink. In answer to the perennial question of how to get more eBook sales, the author had this to say.

The good news is that indie authors can get sales on a very limited monetary budget; the bad news is that this method has an unseen cost: your time. Happenstance customers usually lay down good money to purchase an unheard-of indie writer’s book because of all the rather unrelated posts said author has taken the time to research and write, along with a host of complimentary articles, columns, reviews, short stories and other Freebie Flags staked along the heavily-trodden beaches of eSales Island.

I must admit, that when I started writing eBooks, I half hoped that readers searching for books in subject areas of their interest would just naturally find my books using the search functions on the bookstore site. But the other half of me knew that selling eBooks is much like selling anything else. It takes a concerted and continuous marketing effort to build and maintain brand awareness. Even the most successful writers have to market their new books.

Marketing is nothing new to me. When I started college, the Science Fiction Club, which I had just joined, had fallen to maybe 4 or 5 members. Things weren’t looking too good for the future, so rather than waiting for it to die or looking for another club to join, I started putting up signs all over campus promoting the club. The signs were fairly whimsical and illustrated with a science fiction theme that often parodied some current campus event. During one prospective students weekend, the theme was “Prospie Women from Outer Space!”

I had fun making the signs and traveling across the University of Chicago campus to put them up. I always made sure to put the signs up outside the dining halls because I knew a lot of people would be standing in line there every night. My efforts were quickly rewarded and the club more than doubled in size and continued to grow during my 4 years as the official unofficial Minister of Propaganda.

Those same marketing principles apply to the selling of eBooks. Using the online people hang-outs of Facebook, Twitter, blogs, and forums in a natural way can be an effective method of driving sales. By natural, I mean becoming a good citizen of those communities rather than a drive-by spammer. I won’t join any forum that I don’t have a natural interest in.

As for Learncrest, I needed a site to promote my eBooks. But no one is going to just happen by an unknown site for no reason, there has to be some compelling content. So I started writing, and writing, and writing. Most of what readers will find on this site is related to eBooks and is personally interesting. It’s hard to write about things one has no interest in. So I scour the news for stories of interest and things that inspire the imagination. I write, then I tell my friends about it. Traffic was very slow at first, not even spammers had taken notice, but slowly as search sites index more posts, traffic has increased (and so did spam). And eBook sales have continued at a steady pace which indicates buyers beyond just my personal friends, the Holy Grail!

It also doesn’t hurt to promote eBooks in the real world. A few weeks ago, I printed up postcard fliers for Anime Aftershocks and distributed them at Ohayocon, an anime convention in Columbus Ohio. I cannot tell whether the flyering was effective or not, but it’s a common practice at conventions like Ohayocon that see tens of thousands of attendees each year. The cost of the fliers was minimal and I was planning to attend the convention anyway, so any sales would be a bonus.

Content is king! Having just purchased a block of 10 ISBN numbers, I have more than enough incentive to write more eBooks to use them. I currently have 3 or 4 books in various stages in the pipeline that will be released in the coming months. What better way than a well developed library of works to gain an audience and drive sales?

There has never been a better time in the history of humankind to be a writer. With some time, effort, and imagination we can surely reach more readers than would ever have been possible in print alone. Writing the book is just the beginning!

Old Bookselling Model Must End

As much as I love bookstores, I really had no idea just how wacked out the traditional bookselling business model is until  now. As a Borders bankruptcy looms ever larger, writer Zetta Brown thinks that maybe it’s time for an outdated business model to die as well. She writes,

Frankly, Borders is a reflection of the traditional bookstore system. It’s hardly surprising that they are failing because the economics behind supplying bookstores is totally bogus. Think about it. Bookstores demand huge discounts from publishers to buy books to stock their shelves plus they expect to be able to return unsold books for full credit. And if the bookstore is allowed to strip the book before returning it (while getting full credit) to the publisher…

As a book lover, I was aghast to learn that stripping is the practice of ripping off the book cover before returning the book to the publisher! When I was a kid, my mom worked at a small K-Mart store, and occasionally she would bring home a bunch of paperback books, all of which had the covers ripped off of them. Now I know the reason these books had been mutilated.

Obviously, such a system has no place in a world of eBooks. And depending on the details of the publishing contracts, authors and publishers should get a better overall deal. I’m going to miss having Borders around. My neighborhood Borders is closing soon, essentially leaving me little choice but to order print books and eBooks online. But after some growing pains, I think a more efficient business model should benefit all involved and perhaps lead to a literary rebirth. It has never been easier write, publish, and buy books than it is now. Once the old model is dead and buried, things can only get better.

Special thanks to WriterDonna whose tweet lead me to Zetta Brown’s article.

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