Big news today: next month, Amazon is rolling out the Kindle MatchBook program.
What is MatchBook? Well, why don’t I just lazily quote their FAQ:
“The Kindle MatchBook program offers customers who purchase, or have previously purchased, a print book from Amazon.com the option to purchase the Kindle version of that title for $2.99 or less. If you have a print version of your title and enroll the Kindle version in Kindle MatchBook you can earn a royalty from Kindle Direct Publishing (KDP) based on the Promotional List Price (choose from $2.99, $1.99, $0.99, or free) for any Kindle MatchBook sale.”
So, looking back over Part 1 and Part 2, here are the conclusions I’d put forward.
First, Amazon Select no longer offers much if any reward to most of its participants. Meanwhile, a new market has opened (Kobo), and while everyone is waiting for B&N to keel over and die, the Nook store is still selling boatloads of books every single day. Until they close, the sales are there. It’s hard to know exactly where Apple’s at, but they’re a legit ebookstore too. Lots of people make lots of money there. I sure don’t, but you can’t win ’em all.
So the current environment favors distributing everywhere in a way it didn’t back when Select was a magic bullet. Even if geographical or technical challenges makes it hard to publish direct to B&N, Apple, and Kobo, just use Draft2Digital or Smashwords.
Waiting to publish and/or promote is a bad idea (I hath decreed it!). So what do we do with our first book?
I see a few ways to go with this. The first option is to toss your first book into Select for a single three-month period with the knowledge it’s highly unlikely to do much for you. Call this the “At least it’s better than nothing.” In fact, let’s make sections!
“At Least It’s Better Than Nothing”
Sure, the other stores exist, and sell books, but with so few ways to advertise or otherwise reach Nook/Kobo/Apple readers, you’re sacrificing very little by starting out in Select. And free runs still have some utility. You may sell a few copies post-free. You may start to get a feel for how appealing your book is; don’t read too much into any one failure, but if it gives a bunch of copies away with little to no promotion, you might just be on to something. And perhaps most valuably, free runs are still a good way to garner some initial reviews to qualify your book for promotion at the various advertisers.
Here’s how I would handle it. Do a couple free runs immediately, just 1-2 days long. Feel free to extend them if you really explode, but try to save two free days. Next, schedule Book #2 to publish about a week before Book #1 expires from Select. (This may require waiting a short while to publish #1 or #2, so let’s just pretend I didn’t spend 1500 words condemning the idea of waiting in Part 2.) Do not enroll #2 in Select. Instead, schedule a free run on #1 for the day after #2 goes live, with the hope this will get #2 off to a stronger launch.
When #1 reverts to paid, see how it sells. If you’re satisfied with the way things are going, you can enroll #2 in Select at this point and re-up #1. But if Select is as dead as it is for most people, #1 is ready to expire and #2 was never enrolled. As soon as #1 exits the program, distribute both books to all channels, uploading directly wherever possible.
The idea here isn’t to use Select to rack up hundreds or thousands of dollars in sales. Those days are long gone, sad trombone. Rather, the idea is to leverage the power of free to get readers to take a chance on you, to build up Book #1’s infrastructure (its reviews, alsobots, etc.), to gain mailing list subscribers, and to support the launch of #2. Any real sales over this period is just a bonus.
This is a very short-term plan and it’s highly unlikely to make you a rock star, but at least it’s a plan.
“The Boring Way That I Do Things: Sales and Ads”
Option number two is what I’m (mostly) currently doing. It’s not how I got here, but I think it should work all right, with a few modifications. Basically, it consists of publishing to all platforms, then running advertised sales, particularly to bolster new releases.
To get a little grittier with my nits, if I were just starting out with this method, I’d upload direct to all four major self-publishing platforms (Amazon, B&N, Kobo, Apple). If for some reason you can’t upload to BN or Apple, use Draft2Digital. Their price changes go through much faster than Smashwords, and if you’re running regular sales, it’s going to be important to be able to change prices quickly–like within 24 hours. You’ll probably want to publish to Smashwords and distribute to all the other markets eventually, but honestly, they’re all so small you’re not missing out.
Then.. scramble for reviews.
And by reviews I mostly mean “Amazon reviews,” although BookBub will look at everything you’ve got, including Goodreads, so they’re all worth getting. The purpose isn’t the reviews themselves, but to get enough that the various ad sites will agree to advertise your book. While there’s no such thing as enough reviews, the scale we’re looking at is somewhere around 5-20; ~5 will qualify you for smaller sites, and ~20+ will start to look pretty good to the big ones.
How do you get these reviews? Honest ones, that is? Some people have had success with giveaways at LibraryThing and Goodreads (offer free copies in exchange for honest reviews), but that’s seriously all I know about that. I hate stuff like chasing reviews and it makes me want to give up and go home.
But the reviews aren’t going to just show up on their own, and in my experience it takes something like 100 sales to get 1 single review, so do the math. It could be months–years!–before your book has ~20 reviews arrive organically. You’ll have to chase them down somehow. If it helps, think of them as a Legend of Zelda sidequest. O brave warrior, you must track down the 20 Lost Reviews in order to unlock the Dungeon of Forbidden Advertising!
That out of the way, things are much simpler: find places that advertise ebooks, and book ads. To be a little more specific, find places that advertise ebooks well. Places that immediately cover the cost of the ad or come close to it. Some people like to argue that all advertising is valuable, because brand awareness, and when a consumer sees something seven times mumble grumble sales, but you’re not Crest toothpaste on a shelf with Arm & Hammer and the store brand. You’re one book on a shelf of two million. The people seeing your ad are probably never going to stumble over your book again.
I’m aware of five good ebook advertising sites. In roughly descending order: BookBub, POI, ENT, KBT, Book Blast. Generally speaking, it’s best to advertise at $0.99. At $0.99, these sites will generally break even or better, and the goal is to reach as many new readers as possible.
Run ads whenever your sales dry up, which as a new author will probably be always. And when book #2 arrives, try to have ads in place for book #1. It’s generally effective to drop to $0.99 for three days (the day before the ad, to ensure your price lowers; the day of the ad; and the day after to pick up the stragglers), but if you keep selling at $0.99 and you like what you’re seeing, stick with it as long as you like.
And that’s it, really. The downsides are there are only so many places to advertise, competition for spots is fierce, and BookBub is the only effective site I know about to reach beyond Amazon, but as they say, it is what it is. Even temporary boosts will reach new readers and may shake up your alsobots, leading to a longer tail of post-promo sales. It’s a long-term strategy, too. You’ll only be able to advertise any one book every so often, but as long as you keep writing new ones, that’s fresh material to promote.
This is the core of my current strategy, for whatever it’s worth, but I do have some qualms that it might be tough for brand-new authors to book ads at desirable sites. And there’s the review threshold to get over. But I see new authors doing this on KBoards right now, so it’s not impossible.
Now.. my favorite idea.
“The Nuclear Option!”
While I was mulling around the idea of this little series, I ran this idea by a group of writers I know–several of whom are much more successful than myself, and all of whom are very smart–and it was pretty much roundly rejected. So bear in mind that if this were a commercial, that commercial would say “Five out of six full-time indies think this is a Bad Idea!”
But it is, I think, what I would do if I were just starting today.
I would go permafree immediately.
For those just dipping their toes into the self-publishing waters, “permafree” means setting your book free permanently. Bit of a misnomer, as technically you can revert it to paid at any time, but the idea is to set it to $0.00 forever as a free introduction to your series. It’s a powerful tactic because it costs readers nothing to give your book a shot, and if they like it enough, they’ll go pay actual money for the later books in the series. Indies do this all the time. It’s one of our most basic tactics.
The unconventional bit of this is that writers generally don’t put it to use until they’ve got three books in the series out in the world.
The idea is to wait until you’ve got a couple sequels to make money from before you start giving the first one away for nothin’. But I’m not sure why the magic number is three. I’ve seen people go permafree with great results when they only had two books. So if it works for two, why not one??
…oh right, the part where you’re making zero money. But here’s what you’re making instead: readers. Of your stuff. At a much faster rate than you’ll be gaining them by charging $2.99. Readers who will (hopefully) go on to buy your sequels when they do come out (so long as you have a mailing list or other way to alert them), helping launch those books higher, and ultimately making you more money–and thus getting you closer to a real career–than you would have made waiting until book #3 to drop #1 to free.
And if you’d be worried about giving away a potential bestseller before it has the chance to find its legs, good news! The logistics of permafree require your book to start life as a paid title. Since you can’t set your BN price to $0.00 yourself, you’ll have to distribute your book there via Smashwords. It can take a few weeks for a SW-distributed book to go live at BN. Even after it does show up free on BN, it may take Amazon days, weeks, or months to pricematch to free.
And you can test the waters in the other stores as well. Upload direct to Kobo, Apple, and even BN and see whether the book takes off as a paid title. If it doesn’t, and you want to hasten the pricematching process, lower your price at Apple and Kobo to $0.00. As soon as the free SW version shows up at BN, pull your self-published version from sale.
It’s an extremely simple plan, there’s flexibility in the execution, and since advertising beyond Amazon is so limited, making a book permafree is probably the best option for reaching readers in the other stores. Amazon’s algos are pretty cruel these days. The trend is almost always down, and once your first 30 days as a new release are up, the cliff can come hard and fast. Diversifying your readership in other stores will help keep things steady between new releases.
Also, it’s pretty dang low-effort. Upload, tweak a couple prices, then remind Amazon that it’s free elsewhere until they pricematch. Once it qualifies (reviews etc.), sub it to freebie sites. That’s pretty much it. Go write!
But this plan isn’t without drawbacks. Some authors feel that books downloaded for free wind up with lower reviews than books people paid for, and there’s anecdotal and logical support for that idea (although no comprehensive studies I’m aware of). You’ll be giving up some unknown amount of initial income until your sequels arrive. If you’re on a tight budget, that’s a real consideration, especially if you could use those earnings to invest in snazzier covers or advertising or whatever. Someone suggested to me there’s psychological value in knowing total strangers have paid real money for a book you wrote, particularly in the fragile early days.
I’m unswayed. Free is one of the few tools brand-new authors have to make themselves competitive. If you can see yourself using it eventually, why wait? Why not fire it up right now and grab all the visibility you can in every store you can get into? Why not start gathering a mailing list right off the bat?
Anyway, let’s look at the timing on this. Day zero, you publish to Amazon, Smashwords, and wherever you’re uploading direct. It then takes a few days to be approved by Smashwords premium distribution (which you need to distribute to BN). If you haven’t met their formatting demands, you’ll have to try again; there’s a few more days. Once approved, it’ll probably be a couple days until it actually ships, and even then it can take 2-3 weeks for the free book to actually show up at BN. Once it does, Amazon rarely pricematches immediately. Even if you’re reporting your free book on their “tell us about a lower price” link, it can be days or weeks before they decide to match.
At this point, you’re beyond Amazon’s new release window, and if you’ve buckled down on the sequel, you should only be a couple months out from publishing. Yay. You gave #1 a shot as a paid title, and even if permafreeing it before #2 is out turns out to be a stupid idea, it’ll only be a stupid idea for a couple months until #2 goes live and permafree magically becomes a good idea.
You could hedge a bit more by waiting to set the permafree wheels in motion until #2 is almost ready. Finish up #2, then hit publish as soon as Amazon sets #1 to $0.00.
Anyway, this rationale is getting ridiculously long.
Let’s take a step back and look at what brand-new indies have to work with: virtually nothing. No fans, no reviews, no experience. The only way to accumulate those things is to publish a book and get it into readers’ hands. There are two factors in getting a reader to choose a book: first, they have to see it; second, it has to look interesting enough to overcome their resistance to buy. Making a book free creates visibility and reduces resistance. QED. I said QED!
P.S. — For unknown reasons, the comments section of this blog like to disappear sometimes. Refreshing a couple times will generally convince them to show up. This is one of the many things I lament, but don’t have time to fix. The glorious life of a mid-list indie.
Well, I’ve been pretty quiet lately. As usual, that means one of two things: either the police have finally caught up to me, or I’ve got a new book out. Luckily for me, it’s the latter: Reapers, the newest book in my post-apocalyptic Breakers series. In it, a hunt for a missing person leads former agent Ellie Colson through the wastelands of New York State–and right into the middle of an explosive gang war.
Last year, I wrote a series of posts about what I would do if I were just getting my start as an indie author. It was intended to be a modest and simple way to get your foot in the door even if, like me, you’ve been on Facebook 18 months but still find yourself terrified that one wrong click will announce to the world that it’s been nine days since you last put on pants.
But the problem with last year is that it was last year. In the timescale of indie authors, “last year” is like another epoch. I may as well have written a guide on the best way to trap an allosaurus. Interesting, perhaps, as a historical document, but not all that relevant in this brave new world of “mammals.”
That right there is the problem. My advice, at the time, was (hopefully) relevant, because I had just graduated from indie-hobo to making a living at this (by my comically low standards). Then things changed. And they changed some more. And they changed again. When the landscape changes this fast, as soon as you take off, you no longer have a clear view of what’s happening down on the ground. By the time someone’s an expert, they’re obsolete.
That’s maybe a bit harsh. But it is absolutely critical to understand that nobody is offering bulletproof advice. And that, perversely, people with less authority–indies with little to no track record–may be in better position to offer quality advice than people who’ve sold hundreds and thousands of their books.
I don’t know where that leaves me exactly, and you know what, I’m not going to bother to figure it out. A couple weeks ago, someone asked me how to get started here and now. I’m not sure I’m qualified to answer that anymore, but it’s an interesting question. So here’s some advice and analysis! Some or all of it might be worthless! Enjoy figuring that out for yourself.
Okay. To understand what you might do differently in 2013, we should probably look at what is different. What’s changed over the last year?
First, the biggie: Select sucks. The way Amazon treats free giveaways has changed repeatedly. Right now, even people who are giving away as many as 40,000 copies of their books during a free run are often seeing just a few dozen sales afterwards.
I don’t know the exact mechanics of the latest algo change, but the results aren’t there anymore. It isn’t just about the algos, either. Back in February, Amazon changed their affiliate agreement in a way that diminished or destroyed a lot of the freebie-advertising affiliate sites. Select isn’t dead for all books and strategies, but it’s been reduced to a fraction of its former power. It’s no longer the no-duh choice for anyone, let alone new authors.
Now, some good news: Kobo threw open the doors to self-publishers, joining Amazon, B&N, and Apple as markets we can directly upload our work to. Kobo got a lot of early hype as this was happening last summer. A lot of indie gurus painted them as the next big thing, particularly in international markets.
That hasn’t exactly happened yet, so here’s my assessment of Kobo: they’re a cool company whose self-publishing wing (Writing Life) is run by great people. So far, they’ve managed to capture a few percent of the various English-speaking markets, except Canada, where they’re Godzilla. Currently, they are probably the fourth-largest market for self-published authors, who make up some 25% of their total sales. A new store is a new opportunity to be discovered.
On the distribution side, Smashwords has made a couple cool improvements, allowing you to upload epubs and to set up preorders at B&N, Kobo, and Apple. They also seem to have made modest improvements to the quality and speed of their distribution process. Bigger yet, the first real alternative to Smashwords popped into being: Draft2Digital. While they don’t publish to as many venues as Smashwords, they cover the major outlets, and generally seem to be much speedier and more responsive. It’s now significantly easier to reach the big markets like B&N, which non-US residents can’t publish to directly, and Apple, which has a steep learning curve.
In terms of advertising, BookBub exploded on the scene and is hands down the best mover of free and discount books (although that means their ads are expensive and can be hard to book). Kindle Books and Tips converted from a freebie site and now runs discount books. Their results can be a little inconsistent, but are often in the same tier as ENT and POI–pretty great, in other words. BookBlast opened up, too. Operating on the BookBub model, it isn’t yet large enough to be the cornerstone of an advertising campaign, but their rates are very fair, the results are there, and they’ve been growing steadily. There still aren’t enough ways to advertise to non-Amazon readers, but we have a few new tools at our disposal. And as long as there’s money to be made, effective advertising options should continue to grow.
Eight jillion other things happened, too, but these are the ones that feel significant to me. And they all pretty much point in the same direction: away from Select freebies and toward wide distribution bolstered by $0.99 sales.
But success with that model generally means having multiple books and building an audience in multiple markets. Which, by definition, excludes brand-new authors. So now that the easy button of Select has been disconnected, what should new authors do instead?
Well, I’ve got an idea. It’s pretty simple and obvious. But before I get to that, I want to look at an idea that’s kind of its opposite–and which is becoming an increasingly popular piece of advice. Part 2: Don’t Wait.
As self-published authors, we don’t talk about failure enough.
Tobias Buckell recently wrote a piece about “survivorship bias” and its relation to self-publishing. He argues that the problem with self-publishing is we only hear from the winners. The survivors. When all you hear about are the successes, your view of how easy it is to succeed will be wildly distorted. His argument is based on this great article from You Are Not So Smart, which you should totally read.
Done? Yay. In response to Buckell, authors on KBoards have raised the interesting counterpoint that literally every single trad-published author is a survivor, meaning their whole perspective is skewed. Which.. is tough to argue with. On the other hand, I don’t think it nullifies his point.
A lot of people are self-publishing. Very few of them do well at it. And you almost never hear–and thus learn–from the failures.
Well, I named this blog Failure Ahoy for a reason. I think failure is awesome! Failure is what happens when you try. Fail enough, and you might even succeed. With that in mind, I’m going to post more about failure. I want to make it okay to suck. I have failed in many ways along my self-publishing journey, but there is no more stark or hilarious an illustration of that failure than my first covers. Man, I might need to brace myself here. Like with tequila.
Okay, ready if you are. Let’s dig up some corpses.
As usual, a quiet blog means I’ve got a new book on the way. This time, I’m trying a new format, too: a serial.
In the future, there are many parallel Earths–but only one of them has time travel. Its criminals break into the pasts of other worlds, far beyond the reach of conventional police.
Blake Din is the top agent of the Cutting Room, the group tasked with stopping these trespassers. But on a mission to undo the murder of a young boy, he steps into a far-ranging conspiracy. For the first time, it isn’t one of the other Earths under attack. It’s his own.
A sci-fi thriller in the mold of Minority Report and Quantum Leap, THE CUTTING ROOM: EPISODE I is the first in a six-part serial novel. New episodes weekly.
Get it on any store you like:
Additionally, if you’re a Kobo reader–and they’ve got an app–I’ve got a limited amount of copies to give away. Just follow the (very quick and easy) instructions here.