F baipa intro to ebook publishing november 2014

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Introduction to Ebook Publishing How to Publish an Ebook Fast, Free and Easily November 8, 2014 Mark Coker Founder, Smashwords Twitter: @markcoker

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Nov. 8, 2014 — At an open meeting of the Bay Area Independent Publisher's Association, Mark Coker, founder of Smashwords, the world’s largest distributor of self-published ebooks, a talk titled Ten Trends Driving the Future of Publishing. He discussed the latest strategies for reaching more readers with more indie ebooks. These slides will help you position your publishing programs to the greatest advantage durning this period of dramatic change.

Transcript of F baipa intro to ebook publishing november 2014

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Introduction to Ebook PublishingHow to Publish an Ebook Fast, Free and Easily

November 8, 2014

Mark Coker Founder, Smashwords

Twitter: @markcoker

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Welcome

• What you’ll learn• How SIMPLE it is to publish an ebook

• An ebook publishing checklist

• Who this presentation is for• Aspiring authors, published authors

• Print publishers making the transition to ebooks

• No technical experience required!

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My Backstory

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2004-2005: Publishers Said “No”

• Despite great efforts of our agent, every major NY publisher said NO (TWICE!)

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I evaluated our options

1.The rational option Admit we sucked, assume fetal

position and accept failure.

1. The irrational option Believe in ourselves

Mortgage the house and try to fix the problem

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My Spaghetti Ephiphany

• The publishing industry was failing to serve Authors

Readers

The future of books

• Judging books based on perceived commercial merit• Publishers guess what readers want to buy

• Spaghetti against the wall

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The Three Essential Legs of the Professional Publishing Stool

- 1 -Printing Press

- 3 -Retail Distribution

- 2 -Best practices

knowledge

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My solution: Smashwords

• FREE eBook Publishing Platform Free ebook printing press

Distribution to major ebook retailers and libraries

Free educational resources – best practices knowledge - to help writers publish like professionals

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How Smashwords Works

1. UPLOAD• Upload a Microsoft Word file, formatted to

our Smashwords Style Guide

• Ready for immediate sale online

1. DISTRIBUTE• Distribution to major retailers

1. GET PAID• Author receives 85% of net

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Smashwords Distribution Network

Upload/Update Once, Distribute Globally

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Ebooks published at Smashwords

1406,000

28,800

92,000

191,000

276,000

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THREE BIG EBOOK TRENDS

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#1: The Rise of Ebooks

Source: Association of American Publishers, publishers.org. 2012-13 Smashwords estimate

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Follow the Eyeballs

Print books

EbooksUnitsDollars

Print books

Ebooks

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#2: Indies hitting the bestseller lists

• Indie ebooks scaling all the bestseller lists

• Retailers giving indies seat at merchandising table

• Indie titles on the NYT list nearly every week

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#3: Stigmas reversing: percentage of authors who aspire

traditional vs. indieAspire

Traditional

Aspire Indie

Today?

Aspire Indie

Aspire Traditional

6 yrs ago Near future?Last year

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THE GREAT RECKONING

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Publishers losing their monopoly

• Writers no longer need publishers to publish, distribute and sell

• Writers asking two questions:1. “What can a publisher do for me that I can’t

do for myself?”

2. “Will a publisher harm my ability to reach readers?”

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Advantages of Indie Authorship

• Indie ebook author advantages faster time to market total creative control better distribution to global market immortal ebooks never go out of print lower expenses lower prices to consumers earn more per book

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QUADRUPLE +

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Indie Ebook Authors Earn Higher Percentage of List Price

• Indies earn more at lower prices

• At $3.99, indies earn ~$2.40. Traditional author would have to price over $14.00 to earn $2.00

• Lower price = reach more readers = more sales at higher profits per sale

• Traditionally published ebook authors at disadvantage with high prices, low royalties

60-80% 12-17%

Indie Traditional

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Let’s learn the basics of how to publish, distribute and sell an ebook!

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Checklist for Publishing an Ebook Finish a super-awesome book Format the book prior to conversion Prepare cover image Prepare the metadata Ebook conversion to multiple formats Pricing ISBNs Copyright Distribution to retailers, libraries Marketing

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Finish Your Super-Awesome Book

• Ebook publishing tools make publishing fast, free and easy …• … but they don’t make it easy to write

a great book• Your book must move the reader to an emotionally

satisfying extreme

• You (the author) are the publisher

• Edit, revise, edit, revise

• Involve beta readers (then revise again)

• Hire professional editor if you can afford it

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Ebook Formatting

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Formatting is the layout and design process to prepare your book for

publication

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Formatting for Smashwords

350,000+downloads!

It’s FREE!

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Formatting Secrets

• Forget (some of) what you know• Don’t try to make e- look like p-

• Ebooks consumed differently than print

• Design for reflowability, small screens

• Less = more with ebooks

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Reflowability: Ebook devices (and customers) shape shift text

• Example of Smashwords novel, Heller by JD Nixon as viewed in iBooks e-reading app

• Users can select font style, font size and nightime mode, or view in portrait or landscape mode. Reflowability enables this!

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Cover Image

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Create Your Ebook Cover

• Covers are important• First impression

• Great covers make a promise

• Make it:

engaging, matched to target audience

professional

good as thumbnail

good as B&W, greyscale

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DIY Cover, or Hire Professional?

• Unless you’re an expert graphic designer or cover designer, hire someone (covers are inexpensive!)• Email [email protected] for low cost

cover designers and formatters or go to http://smashwords.com/list

• $50-$150 (Mark’s list) or under $300 elsewhere (still cheap!)

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Great covers make a promise

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Great covers make a promise

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Great covers make a promise

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WE’LL REVIEW MORE COVER EXAMPLES IN THE BEST PRACTICES

SEGMENT

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Metadata

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Metadata is data that makes your book discoverable in a store

Book title

Book description

Author name

Book category

Price

Publication dateISBN

Language Tags

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Backmatter

(the stuff at the end of your book)

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Backmatter: Add three sections to end of book

1. About Yourname Lastname

• Short bio

1. Other books by Yourname Lastname

• Title 1

• Title 2

1. Connect with Yourname Lastname

• Facebook:

• Twitter:

• Web site/blog:

• Smashwords author page:

• Learn more at http://blog.smashwords.com/2013/11/how-to-add-navigation-to-smashwords.html or Google “Smashwords navigation”

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Ebook Conversion

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Conversion = Turning your formatted manuscript into an ebook file readable on

multiple ebook reading devices

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E-reading Devices

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Ebook Conversion at Smashwords

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Pricing

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Pricing

• Determine objective• Platform building, sales, or both?

• Non-fiction supports higher prices than fiction

• If you publish multiple books, cover multiple price points to capture the most readers• FREE, $.99, $2.99, $3.99, $4.99+

• $2.99 and $3.99 are sweet spots for full-length fiction

• Pricing strategy is integral to building readership

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ISBN

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What’s an ISBN?

• What it is:• Unique digital identifier

• A 13-digit number

• Helps supply chain communicate about book

• Required for Smashwords distribution to Apple, Kobo, others

• Ebook ISBN must be different than print ISBN

• What it is NOT:• Does not connote ownership or copyright

• Does not imply “professional” or “real”

• Not a common discovery method

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Where to Obtain an ISBN

• Go to Bowker.com• Purchase blocks of 10+ for $295

• Lists you as “publisher”

• Go to Smashwords• FREE ISBNs

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Copyright

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Copyright Simplified

• By publishing something you created, you have copyright• Copyright entitles you to an exclusive

bundle of rights

• The notation of © is optional

• For best legal protection in US, go to Copyright.gov and register copyright online

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Distribution to retailers and libraries

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Smashwords Distribution Network

Upload once, reach multiple outlets

*

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Avoid Exclusivity

• Ebook retailing is not like sports, politics or religion

• If your book is not available at every retailer, it’s not discoverable or purchasable

• Exclusivity • angers fans

• limits global audience and opportunity

• increases your dependence upon a single sales outlet

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Two options for getting your book on a retailer’s virtual shelves

1. Use a Distributor• Helps you spend more time writing, less time on everything

else

Upload one file, reach many retailers

Centralized metadata management

Consolidated payments and tax reporting

Preorders to Apple, B&N, Kobo

Access to retailers (Flipkart, Oyster, Scribd, others) and Libraries require a distributor

1. Direct to Retailers

• Format for each specific retailer

• Upload to, and manage each retailer separately

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Marketing

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Marketing

• Marketing is a catalyst, not fuel• Your book is your best marketing

• Reader word of mouth determines your success

• Book must take reader to an emotionally satisfying extreme

• Focus marketing on activities that lead to permanent discoverability and platform building

• Viral catalysts amplify word of mouth

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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 FREE!) to learn how viral catalysts spur word-of-mouth

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Viral Catalysts

• Every thing you do right increases virality

Great coverGreat bookBroad distributionFair priceGood categorizationProfessionally editedGreat formatting

Great titleGreat book descriptionGreat marketingSocial media enabledSampling enabledMultiple formatsLUCK!

• Fall short anywhere and you create unnecessary friction

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THE PLAN FORWARD

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YOU have a right to publish

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YOU are your own gatekeeper

YOU decide when your manuscript graduates to published book

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Honor your readers

Give them great books

(and do it faster with lower prices)

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The task before you is not easy, yet…

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The Opportunity to Reach Readers Has Never Been Greater

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SUMMARY

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Summary

• Ebook publishing is… Fast

Free

Fun

Easy

• It’s DIFFICULT to sell books!

• You are your own gatekeeper

• Honor readers

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FREE RESOURCES

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Learn Best Practices

• 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)

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Learn how to e-publish like a pro with Smashwords Tutorials at Youtube at

youtube.com/user/Smashwords

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Q&A

Connect with Mark Coker and Smashwords:

Web: www.smashwords.comBlog: blog.smashwords.comLinkedIn: linkedin.com/in/markcokerFacebook: facebook.com/markcokerHuffPo: huffingtonpost.com/mark-cokerTwitter: @markcoker