This presentation, given June 21 2013 at the Crested Butte Writers Conference, identifies the best practices of the most commercially successful ebook authors. Learn how to make your ebook stand out from the crowd by making your book more discoverable, more enjoyable, and more desirable to readers.
3. My wife, a bookworm, is a former reporter for Soap Opera Weekly. We
wrote a novel together about the soap opera industry.
4. Beta readers, especially soap fans, told us they loved it. We found a
great agent at a top literary agency who loved it too.
5. Publishers Said “No”
• Despite great efforts of our
agent, every major NY
publisher said NO (TWICE!)
6. I evaluated our options
1. The rational option
Give up and admit we suck
1. The irrational option
Find a solution that saves the world from
the tyranny of a broken publishing model
7. My Answer: Smashwords
• * FREE * eBook Publishing Platform
• Free ebook printing press
• Distribution to major ebook retailers and
libraries
• Free learning materials help writers
become professional publishers
9. How Smashwords Works
• UPLOAD
• Author uploads their manuscript to
Smashwords (Word .doc or epub)
• Instant, free ebook conversion
• For sale within 3 minutes
• DISTRIBUTE
• Distribution to retailers and
libraries
• GET PAID
• Author earns 60-80% list
• Quarterly payments
15. #1 Your best marketing is a
great book
• With the power to publish comes the
responsibility to be a great publisher
• Honor your reader with a great book
• Move reader to a satisfying emotional extreme
• Turns readers into evangelists
• Be fanatical about quality
• Edit, revise, edit, revise, repeat, proof
• Leverage beta readers
17. #2 Create a Great Cover image
• Invest in a quality cover image
• Your first impression on path to discovery
• Look professional
• Resonate with target audience
• Makes a promise to the reader
• Should arrest reader with thumb nail
18. Don’t create an ebook cover image
by photographing your print book_
19. What’s this book about?
Le Peuple de L’Etat de New York Contre Dominique Strauss-Khan
26. #3 Publish Another Great Book
• The best-selling authors on
Smashwords offer deep backlists
• Each new ebook offers
opportunity to
• cross-promote other titles
• build trust with your reader
• build your brand
28. #4 Give (some of) Your Books
away for Free
• Most effective marketing tool
• If you have a deep backlist, offer at
least one full-length book for free
• Eliminates financial risk for first-time
readers
• Turbocharges a series
• The highest grossing authors at
Smashwords offer at least one free
book
30. #5 Patience is a Virtue
• Ebooks are immortal
• Never go out of print
• When your book lands at retailer, it’s a
seedling, nourish it
• Never pull out by the roots
• Ebooks develop differently
• Traditional print books – big sell-in, then yanked
from shelves, then sales go to zero
• Ebooks – can start small and grow slowly before
breakout
• Let’s look at some examples…
36. #6 Maximize Availability, Avoid
Exclusivity
• Ebook retailing is not like sports, religion or
politics
• If your book is not available at every retailer,
it’s not discoverable or purchasable
• Exclusivity angers fans, limits audience,
increases your dependence upon a single
sales outlet
• Retailers, libraries & device-makers invest
millions of dollars to attract readers to your
books
• Maximize availability at retailers AND
libraries
39. #7 Trust Your Readers and
Partners
• Don’t worry about piracy
• Copy protection is counterproductive
• If you don’t trust your readers to honor your
copyright, you’ll reach fewer paid readers
• Trust your supply chain partners
• If you limit distribution due to lack of trust,
you’ll limit your sales
41. Secret #8 Architect for Virality
• Books have always been a word of
mouth business
• Your readers determine your success
• Understand the power of your “First
Reader”
• Reach First Readers with marketing
45. How to Architect for Virality
• Implement the Secrets
• Eliminate friction that limits
• availability
• sampling
• purchasing
• enjoyment
• The answer:
Leverage viral catalysts
46. What’s a Viral Catalyst?
• A viral catalyst is something that makes your
book more available, accessible, desirable
and enjoyable to readers
• Read the Secrets to Ebook Publishing Success (it’s
47. Viral Catalysts
• Every thing you do right increases
virality
Great cover
Great story
Professionally edited
Great title
Great book description
Great book
Great marketing
Fair price
Social media enabled
Sampling enabled
Multiple formats
Broad distribution
Good formatting
Good categorization
LUCK!
49. Secret #9 Unit Volume is Lever
for Success
• Unit volume (sales and downloads)
increase platform, drives readers to
your backlist
• Unit sales X royalty per unit = profit
• Pricing strategy essential to maximize
both
52. Making use of the previous two slides:
Q: If given the choice of a low price or a high
price, and you’ll net essentially the same
earnings, which price is best?
A: The lower price is better, because at $2.99 or
$3.99, you’ll reach four times as many readers as
$10+. A reader is a potential fan, and fan is a
potential super fan. Super fans market your
books to other readers. This is why indie ebook
authors have significant competitive advantage
over traditionally published ebook authors. Indies
are building fan bases faster at lower prices.
54. Secret #10 Practice Partnership
and Positivity
• Your fellow authors and service
providers are your partners
• Help them be successful
• Learn from them
• Share your secrets
• Positivity trumps negativity
• Relationships give you upper hand
• Internet rants are permanent
• Google alerts keeps no secrets
57. Apple, B&N, Kobo, Amazon and
others are going global
You Have the Tools to Reach a
Worldwide Market Today
The tools are FREE
58. The market for your English-language books
outside the US will soon dwarf the US market
Apple operates iBookstores in 51 countries.
We distribute to Apple. In January 2013,
~48% of Smashwords Apple iBookstore sales
were outside the US
60. Secret #12 Pinch Your Pennies
• You’re running a business
• Profit = Sales minus Expenses
• Most books don’t sell well (!!!!)
• NEVER borrow money to publish a
book
• NEVER spend or invest money you
need for food and shelter
• DIY then reinvest
62. Free Ebook Publishing Resources
• NEW! Secrets to Ebook Publishing Success (best
practices of successful authors)
• Smashwords Book Marketing Guide (how to market any
book)
• Smashwords Style Guide (how to format an ebook)
63. Q&A
Connect with Mark Coker and Smashwords:
Web: www.smashwords.com
Blog: blog.smashwords.com
LinkedIn: linkedin.com/in/markcoker
Facebook: facebook.com/markcoker
HuffPo: huffingtonpost.com/mark-coker
Twitter: @markcoker