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Billboards on the Info Superhighway: Where the Rubber Hits the Road

Selling your book is going to be tough. If you've decided to take the reigns on your own self publishing endeavor and think about selling and marketing strategies, the first step is realizing that nothing beats word of mouth. A strong recommendation between friends always will do more to promote a book than any advertising ever will because reading is a time consuming endeavor not be taken without positive references.

This leaves advertising and the clearly effective method of web bill boarding. Until the World Wide Web Consortium decides to enact a POST NO BILLS policy on the web, the best chance the independent author has of marketing their product to broad audiences is the chance to turn up in web searches.

My advice to everyone providing poetry or prose following this approach is to make it two-fold:

ONE: Do public readings and discussions. Groups of all types exist to help promote your material, not to mention those that might not originally have been intended for it. Find your killing joke, your timeless analogy, your absolute poetry slam contender and preface that reading with a brief comment on your web presence. Or bring a couple of extra copies with you to show off. Having provided your audience a taste, it is inevitable that someone will inquire of your website. This can, in turn, create a "silent echo," in which website referrals can find their way to strange places and people, like pond ripples. A mere link in an email has enormous potential to aid in the cause of marketing your book.

TWO: Find web based groups that share your interests. Social network sites, internet publisher circles, church groups that connect online and even internet study groups are very effective methods of drawing people to your web site. Most places requiring you to create a profile also allow you to create a link on your profile info page for your website. This can vastly increase specific returns on web searches and lead buyers to your virtual doorstep.

But your website is not only a method of advertisement, it's also your selling tool.

One of the greatest resources available to independent business people is the internet merchandise and service payment platform: PayPal. Using PayPal's invoicing system not only helps your customer with an easy, effective method of getting money to you for your publication, but also provides you a simple way to track your own sales. Find out how to use it by logging into their website at: WWW.PAYPAL.COM.

At the end of this article there are other payment resources you might want to learn about. Go ahead and check them out! Find what works best for you, what you are most comfortable dealing with and then think about how you'll employ it when selling your book.

As a self publisher, you may ultimately consider selling your book direct to customers. The fact that you've read this much of our article is a clear indicator of your ambition to not only self publish your book, but also self market and potentially even self distribute. Fantastic! But don't discount the power of the retail shelf just yet...

Although your book's profitability might be more strongly realized through self distribution, the retail shelf can provide one effective tool that even web marketing can't offer: Physical Presence.

How in the world do bookstores stay in business with the Amazons of the world selling so many books and the inevitable growth of the e-book and it's accommodating technology? Simple. They opened their doors wide and created a casual environment, essentially making the visit an experience. In turn, they've cornered the market on the impulse book buyer.

But even if your buyers don't walk away with the book they briefly scanned at their local retailer, the very presence of the book on the retail shelf has given them incentive to consider it's purchase at a later point. Why not include the link to your site on the back cover?

We at Publisherland are fans of the independent author/publisher. Our strategy is simple: we provide ideas, service, and accessibility. We want you to succeed at your publishing endeavor because your success is our business! We hope you make the most of our service and that your success is cause for your positive recommendation to others. Read through our various pages of content. Our goal is to provide you the tools you need to get your work into the hands of your audience.

Good luck and Happy Writing!

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The Economics of Self Publishing: A Real World Perspective

Where does self-publishing fit into the shrinking and fragmented book market? This question is especially relevant now that self-publishing has become more accessible and competition for readers heats up. The answer is that self-publishers are best suited to create their own markets and readerships. There is no way to get into the large chains unless distribution is established and even then they take anywhere from a 45 – 55 percent cut. Then there is the issue of returns which has plagued major publishers for years and new small publishers just aren't equipped to handle.

In one survey conducted by a major industry source, Publisher's Weekly; of the over 11,000 retail outlets for books, almost 4,000 of these are Wal-Mart stores. The sad truth for self publishers about Wal-Mart's great market share is that it is a lot of the same, focused on selling a narrow range of titles in a very high volume. The chances of getting a book in their stores is limited to say the least. There is dwindling space on bookshelves as big chains focus on bestsellers and independents grow localized, niche and used book markets. The other problem with Internet sales, which Amazon.com has the strong hold on, is that consumers are drawn by finding used titles. This basically means a lot of authors won't be retiring off their royalty payments.

The only way a self-publisher will thrive is to avoid this no-mans land of middlemen and sell direct. This entails a whole lot of marketing wizardry and focused promotions that utilize local markets, as well as the Internet. Consider the basic math of the situation for a new self-publisher who has decided to utilize distribution channels to access the major chains; for 100 printed copies of a 100 page (b/w) book, production cost is about $5.00 a piece, so unless a publisher sets the price at $15 or more, there is minimal profit in sight. In the end a self-publisher is going to have to heavily promote and market a book on their own, but lose half their cost just to distribution. If you are going to build promotions for a self-published title anyway, it makes less and less financial sense to give away profits to middlemen.

Print on demand publishing is an accessible and tempting tactic in this new style of bookselling, but is still an expensive option. Although solutions such as CafePress and Lulu dangle large distribution channels to prospects, the unit cost per single book production is simply too high to make any tangible profit. The self-publisher's alternative is to print a realistic amount of copies and reach out directly to all viable markets. These arenas include the World Wide Web as much as, if not more than local or niche markets.



 
Aspiration Process Big Picture
To Be The Next J.K Rowlings (Huge Author)
  1. Search for an agent.
  2. Agent shops manuscript to large publishers.
  3. Large publisher buys manuscript and provides all editing and printing functions.
  4. Author receives big check and future royalties.
  • Author takes no financial risk
  • Probability of Success (.01% - you have a better chance of getting hit by lightning 3 times)
Sell To Major Chains Through Existing Publisher
  1. Search for publisher which specializes in particular type of subject.
  2. Publisher utilizes existing distribution channels.
  3. Publisher should handle book production and provide marketing support.
  4. Author receives royalty checks as books are sold.
  • Author takes no financial risk
  • Beware of publishers which try to have authors bear cost
  • Reality is that royalty payments are lower due to production and marketing costs plus returns.
  • Average first print run in low to mid thousands
Establish Publishing Company and Plan on Selling to Major Chains
  1. Print realistic quantity of books based on budget and goal.
  2. Establish relationships directly with major booksellers and/or book distributors.
  3. Marketing plan needs to be created to cultivate demand.
  4. Through publicity, word-of-mouth, and Social Networking, cultivate demand to drive prospects to bookstores or website.
  • As a publisher you assume all the financial costs and need to dedicate substantial amount of time.
  • Additional responsibilities include editing, production and marketing.
  • With the hope of selling large quantities, 45-55% is paid to booksellers or distributors.
  • Average first print run at least 1,000 copies
Establish Yourself as Publisher and Sell Direct
  1. Print realistic quantity of books based on budget and goal.
  2. Sell direct in-person and/or create web presence.
  3. Through publicity, word-of-mouth, and Social Networking, cultivate demand to drive prospects to website.
  4. Sales to independent booksellers and retailers handled personally and sold at wholesale price.
  • As a publisher you assume all the financial costs
  • Additional responsibilities include editing, production and marketing.
  • Despite lower volume, publisher makes more profit since there are no middlemen.
  • Average first print run ranging from 50-500

 

As the above table illustrates, new self-publishers need to establish realistic expectations on business aspect of their publishing endeavor. We recommend our customers consider the distribution method they intend to use when deciding which program to use to obtain an ISBN and barcode. ISBN's obtained through the Publisher Services Independent Publisher Program have a non-descript registrant identifier listed as Independent Publisher, but all copyright and distribution rights are retained by each publisher. This is a perfect solution for author/publishers opting for the self distribution method. Regardless of which program is selected, our agreement with Bowker enables us to upload our publishers' book data directly to Bowker's Books In Print database.

Please feel free to contact one of our customer service representatives (a live human who answers the phone) to discuss your options.

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The ISBN in Practice and Other Relevant Information

One of the most frequent questions asked by self publishers starting out is, "Why, exactly, do I need an ISBN in the first place?"

Many times, vendors and self-publisher servicing companies will advise on the purchase of an ISBN, yet not provide a wealth of data on the topic so that the self publishing author will be able to make an informed decision.

The best example I can provide is the following hypothetical situation; it is something that occurs frequently enough to be relevant to your interests without trying to make an argument of it.

Kaitlin teaches night school math courses at the local community college for people who need to develop core math skills.
A colleague of hers has recommended a book called "Applied Mathematics" by author John Smith. She tried to do a quick search on the web only to discover that her search criteria has netted her approximately 1,600,000 results, most of which aren't even related to a printed book. She decides to stop at her local college store and inquire of the book. As it so happens, the college store has 63 different listings within their internal database which include her search criteria, with only 4 coming closest. But which of those four?
The bookstore manager suggests tracking the number by ISBN. "Applied Mathematics" is a well worn title for math texts and you're certain to turn up thousands of John Smiths in a search, but because ISBNs are unique, a search using this specific criteria will render only one result. Kaitlin calls her colleague who looks at his copy of the book for the ISBN number. After furnishing the bookstore manager with the ISBN, Applied Mathematics is swiftly tracked down and ordered for pick up the following week.

And this example applies to just about any kind of book. While you may have similarities in author name and even title, you can be absolutely certain that the ISBN for the book is unique. Not only does it aid consumers to track down books for purchase, but it also helps vendors track down books in order to keep tabs on their current stock quantities.

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