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Posts Tagged ‘Bookshops’

The Results of My eValuation

Tuesday, March 23rd, 2010

When Amazon released the Kindle application for the Mac last week, I downloaded and installed it, then went onto the store to see what was available. I wanted to see what the fuss was about. I found some bestsellers around the $10 mark (yes, I have to buy in dollars and stitch a commission when my credit card company performs the exchange) and a lot around the $0 mark. As in, a LOT of free eBooks. Guess which I bought?
Neither. I went to the Amazon UK store and ordered a couple of paperbacks instead. Seriously – I’m not just trying to make a point.
My thinking was this:
BULLET $10, with an exchange commission, is about £7 on my credit card bill. That’s almost the price of a new release paperback in Waterstones. On Amazon UK, I can get the same paperback for between £4 and £5 if I don’t mind waiting a couple of days for free delivery (and bear in mind that this is a book for my reading pile, not music or a movie; I can wait). If I don’t get the physical book to keep, I’m not prepared to pay more than half of the cover price for an eBook edition, so for an £8 print book, my eLimit is £4.
BULLET A price of $0 tells me that you don’t think your book is worth anything. I understand that writers want to build a fanbase and get “sales”, but a fanbase of people who “bought” your book for free is simply a list of people who downloaded your book. They didn’t pay for it, so there’s no compulsion to read it and extract value from it. And if you spent 2 years writing it, and don’t think it’s even worth one penny, why should they risk 10-12 hours of their time reading it when there are books to be read by authors who think their work is good enough to justify charging a fee in return for their time, writing skills and creativity? I know authors whose only goal is be as widely read as possible, and I admire that goal, but I’m not sure giving your work away for free is the way to do it. 1000 unread downloads doesn’t generate word-of-mouth. How about charging one dollar and giving the proceeds to charity (and making the charitable nature of the sale clear in the online store)? Now that would probably sell and be read.
I know that the eBook market is aimed more at customers using eReader devices, but I wanted to buy a book, and if I factor in the price of hardware, that first eBook purchase is going to cost over £200, with no guaranteed savings over the following years to cover that outlay.  And I can get the same book on Amazon UK for £4…
So, my first foray into eBooks was a non-starter. I tried, honestly I did. I looked around and read some blurbs and compared some prices, but couldn’t find a price point I was happy with for a book that interested me. I was disappointed.
So how has this affected my opinion on whether to publish Make a Move as an eBook? Find out tomorrow…

When Amazon released the Kindle application for the Mac last week, I downloaded and installed it, then went onto the store to see what was available. I wanted to see what the fuss was about. I found some bestsellers around the $10 mark (yes, I have to buy in dollars and stitch a commission when my credit card company performs the exchange) and a lot around the $0 mark. As in, a LOT of free eBooks. Guess which I bought?

Neither. I went to the Amazon UK store and ordered a couple of paperbacks instead. Seriously – I’m not just trying to make a point.

My thinking was this:

  • $10, with an exchange commission, is about £7 on my credit card bill. That’s almost the price of a new release paperback in Waterstones. On Amazon UK, I can get the same paperback for between £4 and £5 if I don’t mind waiting a couple of days for free delivery (and bear in mind that this is a book for my reading pile, not music or a movie; I can wait). If I don’t get the physical book to keep, I’m not prepared to pay more than half of the cover price for an eBook edition, so for an £8 print book, my eLimit is £4.
  • A price of $0 tells me that you don’t think your book is worth anything. I understand that writers want to build a fanbase and get “sales”, but a fanbase of people who “bought” your book for free is simply a list of people who downloaded your book. They didn’t pay for it, so there’s no compulsion to read it and extract value from it. And if you spent 2 years writing it, and don’t think it’s even worth one penny, why should they risk 10-12 hours of their time reading it when there are books to be read by authors who think their work is good enough to justify charging a fee in return for their time, writing skills and creativity? I know authors whose only goal is be as widely read as possible, and I admire that goal, but I’m not sure giving your work away for free is the way to do it. 1000 unread downloads doesn’t generate word-of-mouth. How about charging one dollar and giving the proceeds to charity (and making the charitable nature of the sale clear in the online store)? Now that would probably sell and be read.

I know that the eBook market is aimed more at customers using eReader devices, but I wanted to buy a book, and if I factor in the price of hardware, that first eBook purchase is going to cost over £200, with no guaranteed savings over the following years to cover that outlay.  And I can get the same book on Amazon UK for £4…

So, my first foray into eBooks was a non-starter. I tried, honestly I did. I looked around and read some blurbs and compared some prices, but couldn’t find a price point I was happy with for a book that interested me. I was disappointed.

So how has this affected my opinion on whether to publish Make a Move as an eBook? Find out tomorrow…

Selling to the Sellers

Sunday, December 20th, 2009

Direct sales to friends/family coupled with online ordering is a decent way to start selling books, but to reach that elusive, lucrative market of “people who’ve never heard of you”, you need to seek out other channels. Amazon Marketplace and eBay are two options, but I don’t believe your book is ever going to be the subject of an impulse buy; for that, you need a brick-and-morter store. There are still independent stores in the UK that will stock indie books (notice I didn’t say bookstores – you need to think outside that box) and even some chains (I’m working on a deal with a larger chain right now, and will report back once I have some news). Getting your book into a store means talking to the owner/manager, and that can be an uncomfortable experience for some people, particularly writers who are just emerging into the daylight with their newly printed book. Knowledge helps calm those nerves – knowing the realities of the retail process before you stat talking frees you to worry about making a good impression. Not everyone has a friend like the awesome Haroon Mushtaq (@theanonwonder) to educate them in the ways of book retail and distribution, so I’m sharing his advice – and the knowledge I’ve gained following his advice – here:

  • Retailers will only take your books on sale-or-return terms. This means you give them X books, and sign a pro forma contract that says in Y months, they owe you X books, or the selling price of your book for each book they’ve sold minus their cut. If no books sell, the retailer doesn’t lose anything other than the shelf space the book was occupying, and you get the books back. This is why you deal with indies and small chains; do you have the cash to ship 1000, or 10,000 or even 100 books to Waterstones with no guarantee you’ll see any return? Do you have the room to store 1000 returned books? I know how much room 100 books takes up – believe me when I say you don’t have room for 1000.
  • Retailers take a cut based on a percentage of the cover price. This is typically 35%. I don’t want to say it’s always 35%, but I’ve not met anyone asking for more or less, so I’m assuming it’s always. I’ve also never felt the need to haggle on that deal; as far as I’m concerned, it’s fair.
  • Retailers will take a quantity of your books based on their opinion of how well it will sell to their customers. They know their customers better than you – it’s their job to know – so you have to accept their appraisal of the marketability of your book. You don’t need to pitch the book like you would to an agent/publisher, but they’ll want to know the setting/target market to get a feel for whether it fits their customer type. As an extreme example, you probably wouldn’t be able to get erotica into a children’s book shop (unless as part of an elaborate and tasteless practical joke).
  • The above point doesn’t mean that you should accept a retailer’s assessment without question; catch someone on a bad day, and they might view your book in an overly negative light. If you truly believe your book could find a market in their shop, ask if they’ll take a single copy and gauge interest based on that. Your book might tap into a market they’ve not found yet. As with all things, however, no means no, so don’t be pushy.
  • Your book has to be able to stand on the shelves next to its mainstream brethren without looking like a dog chewed it. It has to be a quality publication.
  • The retailer hasn’t the time or inclination to read your book, so needs to make a gut call on whether it’s a) any good, and b) well-edited and proofed. Their only way to do this is to look at how you present yourself, and infer the attention to detail you’ve paid the book from that. You don’t have to wear a dinner jacket and top hat; just be yourself, but make sure it’s a clean, tidy, laundered and polite version of yourself. Oh, and I know this seems obvious, but take a copy of the real, printed book along; no one is going to make a call based on a copy of the manuscript, nor on your word that the book is awesome.
  • Get business cards printed, and make sure you have some with you. The retailer needs to be able to contact you to re-order or to return the books, so make it easy for them. Also, when choosing your design, don’t go for glossy cards, or those new “tiny” cards that are the fashion; the one thing most people do with business cards is write on them, so make that possible.

And that’s it. I’ve been following this advice for a couple of weeks now, and have placed the book in three of the five stores I’ve tried (with a couple more in-progress). The two who didn’t take it thought it wouldn’t sell to their market, which is fair enough, and brings me to my final point; the relationship between a writer and direct retailers is more like a partnership than a buyer-seller arrangement. Placing a book in the wrong store hurts the retailer as well as yourself; find the right store and everyone gets paid. Be polite, but remember that you’re in a position to make them money if your book is good and you work hard to market it. You’re offering them a business deal as an equal, so enjoy the encounter, meet someone new, and do some good business.

Independent Preconceptions

Monday, December 7th, 2009

I came to a realisation today – one that is both unsettling and reassuring. But first, the background.

I’ve been out talking to independent booksellers (or trying to) regarding selling my new book, and a friend was doing the same on my behalf further afield. She spoke to one bookshop owner who thought my book was too modern for his clientele, and that it would struggle to sell as it didn’t have a local setting or anything to provide an angle he could push. Fair enough – I’ve learned something there. What he said that set me thinking, though, was that he was very impressed with the finish and design of my book (both the binding and the cover) and that it was refreshing to see an independently produced hardback, as most indie books he saw were in paperback, and were typically of low quality, printed on cheaper paper and with basic or unskilled cover designs. And this is a man who is happy to deal directly with indie publishers/authors; this is not a hostile market.

After my friend had reported back, I was thinking about what I’d learned from the encounter, and that was when I came to my realisation; the perception of my book, in concept, is shaped by the actions of every independent author-publisher out there. Every rushed, unedited, cheap book that someone has tried to sell damages the perceived value of my book with potential readers and retailers. That’s pretty unsettling.

But I’m looking at that situation another way now. I’ve flipped it around. Every one of us, by doing the best job we can to produce a quality product, can reinforce the reputation of indie books as an alternative, rather than a second-rate option. That’s pretty reassuring. With the tools and technology now available to everyone, both in production and communication, the time has never been better for us to work together and create a new market – one where an indie book is judged on the quality of its content rather than its cover.