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The Secrets to Ebook
Publishing Success
Ebook Publishing Best Practices
September, 2013
Mark Coker
Founder, Smashwords

Twitter: @markcoker
Notes for the Slideshare edition of this
presentation
This is the companion deck to a Smashwords video workshop
available on YouTube
Here are links to each video in this 5-part series:
#1 - An Introduction to Ebook Publishing (a primer and e-publishing checklist)
http://www.youtube.com/watch?v=khM4czIJUVM
#2 - The Secrets to Ebook Publishing Success (best practices secrets for reaching more readers)
http://www.youtube.com/watch?v=Jnd7jYcjqm8
#3 - Smashwords Survey Helps Authors Sell More Books (pricing strategy and fun metrics)
http://www.youtube.com/watch?v=2rrl4NExo3Y
#4 - 10 Trends Driving the Future of Authorship (indie authors are the future of publishing!)
http://www.youtube.com/watch?v=NbT7r-DUa6M
#5 - How to Reach More Readers at Apple iBooks (merchandising secrets to grow sales!)
http://www.youtube.com/watch?v=xKwwcL_FS_c
The complete video collection is at http://www.youtube.com/user/smashwords

View more Smashwords presentations on Slideshare at
http://www.slideshare.net/Smashwords/presentations
About this video
• What you’ll learn
• 16 best practices tips for reaching more
readers
•

Topics covered include book marketing, retail
distribution strategy, pricing strategy, cover
design, author platform building, preorders and
more

• Who this video is for
• Writers, aspiring authors, published authors
• No technical experience required!
•

If you’re new to ebooks, check out our
Introduction to Ebook Publishing video on Youtube
This is me
My Backstory
In 2002, we decided to write a
satire about the daytime
television soap opera industry
2004-2005: Publishers Said “No”

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

1. The rational option
 Accept failure

1. The irrational option
 Believe in ourselves
 Mortgage our home and try to fix the
problem
The problem

• The publishing industry was
failing to serve
 Authors
 Readers
 The future of books

• Publishers could only guess what
readers wanted to buy
• Throwing spaghetti against the wall
I imagined a publishing revolution
where writers would rise up and take
control
Writers needed the tools for
revolution..

.. tools that would enable them to
professionally publish without
publishers
My solution: Smashwords

• FREE eBook Publishing Platform
 Free ebook printing press
 Distribution to major ebook retailers and
libraries
 Best practices knowledge to help writers
become professional publishers
The Smashwords Mission

• The goal:
• Make it fast, free and easy to publish
an ebook
• Give writers the freedom to publish
what they want
• Give readers the freedom to decide
what’s worth reading
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
Ebooks published at Smashwords
250,000+
September 2013

250,000

191,000

200,000
150,000
100,000
50,000

92,000
28,800
140 6,000

0

2008 2009 2010 2011 2012 2013
Let’s talk best practices
Smashwords make ePublishing and
eDistribution Easy…
Reaching Readers is Still Difficult

*

but achievable if you emulate best practices

*
Let’s review 16 best practices of
the best-selling indie authors

FREE at all
major
ebook
retailers

Download
to learn all
30 best
practices
Secret One
#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
Secret Two
#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

Check out “Mark’s List” of low cost cover designers. Email
list@smashwords.com
What’s this book about?
Don’t do this
Don’t do this either
Great covers make a promise
Great covers make a promise
Great covers make a promise
Great covers make a promise
Great covers make a promise
Great covers make a promise
A case study: Look what
happened when the author went
from this cover
… to this cover…
The cover sparked a breakout at
Apple
And landed her on the NY Times Bestseller
List
Secret Three
#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
Secret Four
#4 Give (some of) Your Books
away for Free
• If you have a deep backlist, offer at
least one full-length book for free
• Eliminates financial risk for first-time
readers
• ~91X more downloads
• Turbocharges a series

• Free works for standalone promos too
• The highest grossing authors at
Smashwords offer at least one free
book
Secret Five
#5 Patience is a Virtue
•

Ebooks are immortal
•

•

When your book lands at retailer, it’s a
seedling, nourish it
•

•

Never go out of print

Never remove

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…
Slow boil, breakout, slow boil,
bigger breakout
Slow boil, slow build, breakout,
slow boil
Slow boil, breakout, slow boil,
smaller breakouts
Slow boil to breakout

Ruth Ann Nordin’s An Inconvenient Marriage
Secret Six
#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
• limits merchandising opportunities
• increases your dependence upon a
single sales outlet
Ebook retailers want indie
ebooks
Secret Seven
#7 Build your Platform
•

Platform gives you control, leverage

•

Platform is your ability to reach and cultivate
fans

•

Let fans decide how to connect
•
•

Mailing list subscription

•

Facebook

•

•

Blog and/or website

Twitter, Google+, LinkedIn

Include “Connect with the author” links at the
end of every book
Secret Eight
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
The Viral Dream

First reader

More Readers
Viral Decay, The Reality

First reader

Readers
Negative Virality

This book
sucks!!!!
First reader
= Last reader
Fun fact: 29 of 30 Apple bestsellers
had rating of 4.5 stars
How to Architect for Virality
• Implement best practices
• Avoid mistakes that undermine

• Eliminate friction that limits
• availability
• discoverability
• sampling
• purchasing
• enjoyment

• Leverage viral catalysts
What’s a Viral Catalyst?
•

A viral catalyst is anything 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
Viral Catalysts
• Every thing you do right increases
virality
Great cover
Great book
Broad distribution
Fair price
Good categorization
Professionally edited
Great formatting

Great title
Great book description
Great marketing
Social media enabled
Sampling enabled
Multiple formats
LUCK!

• Fall short anywhere, and you create
unnecessary friction
Secret Nine
Secret #9 Pricing Strategy is
Lever for Success
• Pricing strategy impacts unit sales
• Unit volume (sales and downloads)
builds author platform, drives readers
to your backlist
• Unit sales X royalty per unit = profit
• Pricing strategy essential to maximize
both
How Price Impacts Units Sold
What Price Yields the Greatest
Author Earnings?
Secret Ten
Secret 10: Don’t Worry about
Piracy
Everything you need to know
about piracy
• Obscurity is bigger risk
• Black hat pirates who steal your book
wouldn’t have purchased it anyway
• Most piracy is accidental – it’s an
enthusiastic fan marketing your book
for you
Irrational fear of piracy leads
leads to obscurity
• The only reliable method of piracy
prevention is to NEVER PUBLISH
• Anti-piracy measures such as DRM only
limit availability, accessibility and
enjoyment (they create FRICTION)
• Combat piracy by making your book
easier to purchase than steal
• Low, fair price
• Broad distribution
Secret Eleven
Secret #11

Leverage Preorders!

• Catalyst for increased sales
• At Apple and Kobo, accumulated sales
credit all at once on “onsale” date
•

Increased visibility leads to virtuous, selfreinforcing cycle of sales, also boughts

•

Capture the reader’s order

• Budget 4-6 week preorder “runway”
• Execute multi-part advance marketing plan
• Increases retailer merchandising opps

• NEW! - Smashwords delivers preorders
to Apple, B&N and Kobo!
Secret Twelve
Secret #12 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 keep no secrets
Secret Thirteen
Secret #13 Collaborate with
Fellow Authors
• Identify authors you love and your fans
will love
• Publish collaborations
• Short story collections
• Box sets

• Joint promos
• They have fans you don’t reach, you have
fans they don’t reach
• Everyone wins
Secret Fourteen
Secret #14 Think Globally
You Have the Tools to Reach a
Worldwide Market Today
The tools are FREE
The Global Ebook Opportunity

•

Countries outside the US are entering the
exponential growth phase of their ebook
markets

•

Ebook retailers going global
•

•

Apple iBooks (51 countries), Amazon (~13), Kobo
(14+), B&N (US, U.K.+)

~45% of Smashwords/iBooks sales global
Secret Fifteen
Secret #15 Add three sections to
backmatter
•

About the Yourname Lastname
•

•

Short bio

Other books by Yourname Lastname
•
•

•

Title 1
Title 2

Connect with Yourname Lastname
•

Facebook:

•

Twitter:

•

Web site:

•

Blog:

•

Smashwords author page:
Secret Sixteen
Secret #16 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
Thanks for Listening, and Good Luck!
Free Ebook Publishing Resources

•

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)
Connect with Smashwords

Connect with Smashwords:
Web: www.smashwords.com
Smashwords FAQ:
https://www.smashwords.com/about/supportfaq

Connect with Mark Coker:
Blog:

blog.smashwords.com

LinkedIn: linkedin.com/in/markcoker
Facebook: facebook.com/markcoker
HuffPo: huffingtonpost.com/mark-coker
Twitter: @markcoker

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The Secrets to Ebook Publishing Success (Smashwords tutorial series #2)

  • 1. The Secrets to Ebook Publishing Success Ebook Publishing Best Practices September, 2013 Mark Coker Founder, Smashwords Twitter: @markcoker
  • 2. Notes for the Slideshare edition of this presentation This is the companion deck to a Smashwords video workshop available on YouTube Here are links to each video in this 5-part series: #1 - An Introduction to Ebook Publishing (a primer and e-publishing checklist) http://www.youtube.com/watch?v=khM4czIJUVM #2 - The Secrets to Ebook Publishing Success (best practices secrets for reaching more readers) http://www.youtube.com/watch?v=Jnd7jYcjqm8 #3 - Smashwords Survey Helps Authors Sell More Books (pricing strategy and fun metrics) http://www.youtube.com/watch?v=2rrl4NExo3Y #4 - 10 Trends Driving the Future of Authorship (indie authors are the future of publishing!) http://www.youtube.com/watch?v=NbT7r-DUa6M #5 - How to Reach More Readers at Apple iBooks (merchandising secrets to grow sales!) http://www.youtube.com/watch?v=xKwwcL_FS_c The complete video collection is at http://www.youtube.com/user/smashwords View more Smashwords presentations on Slideshare at http://www.slideshare.net/Smashwords/presentations
  • 3. About this video • What you’ll learn • 16 best practices tips for reaching more readers • Topics covered include book marketing, retail distribution strategy, pricing strategy, cover design, author platform building, preorders and more • Who this video is for • Writers, aspiring authors, published authors • No technical experience required! • If you’re new to ebooks, check out our Introduction to Ebook Publishing video on Youtube
  • 6.
  • 7. In 2002, we decided to write a satire about the daytime television soap opera industry
  • 8.
  • 9. 2004-2005: Publishers Said “No” • Despite great efforts of our agent, every major NY publisher said NO (TWICE!)
  • 10. I evaluated our options 1. The rational option  Accept failure 1. The irrational option  Believe in ourselves  Mortgage our home and try to fix the problem
  • 11. The problem • The publishing industry was failing to serve  Authors  Readers  The future of books • Publishers could only guess what readers wanted to buy • Throwing spaghetti against the wall
  • 12. I imagined a publishing revolution where writers would rise up and take control
  • 13. Writers needed the tools for revolution.. .. tools that would enable them to professionally publish without publishers
  • 14. My solution: Smashwords • FREE eBook Publishing Platform  Free ebook printing press  Distribution to major ebook retailers and libraries  Best practices knowledge to help writers become professional publishers
  • 15. The Smashwords Mission • The goal: • Make it fast, free and easy to publish an ebook • Give writers the freedom to publish what they want • Give readers the freedom to decide what’s worth reading
  • 16. 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
  • 17. Ebooks published at Smashwords 250,000+ September 2013 250,000 191,000 200,000 150,000 100,000 50,000 92,000 28,800 140 6,000 0 2008 2009 2010 2011 2012 2013
  • 18. Let’s talk best practices
  • 19. Smashwords make ePublishing and eDistribution Easy…
  • 20. Reaching Readers is Still Difficult * but achievable if you emulate best practices *
  • 21. Let’s review 16 best practices of the best-selling indie authors FREE at all major ebook retailers Download to learn all 30 best practices
  • 23. #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
  • 25. #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 Check out “Mark’s List” of low cost cover designers. Email list@smashwords.com
  • 28. Don’t do this either
  • 29. Great covers make a promise
  • 30. Great covers make a promise
  • 31. Great covers make a promise
  • 32. Great covers make a promise
  • 33. Great covers make a promise
  • 34. Great covers make a promise
  • 35. A case study: Look what happened when the author went from this cover
  • 36. … to this cover…
  • 37. The cover sparked a breakout at Apple
  • 38. And landed her on the NY Times Bestseller List
  • 40. #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
  • 42. #4 Give (some of) Your Books away for Free • If you have a deep backlist, offer at least one full-length book for free • Eliminates financial risk for first-time readers • ~91X more downloads • Turbocharges a series • Free works for standalone promos too • The highest grossing authors at Smashwords offer at least one free book
  • 44. #5 Patience is a Virtue • Ebooks are immortal • • When your book lands at retailer, it’s a seedling, nourish it • • Never go out of print Never remove 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…
  • 45. Slow boil, breakout, slow boil, bigger breakout
  • 46. Slow boil, slow build, breakout, slow boil
  • 47. Slow boil, breakout, slow boil, smaller breakouts
  • 48. Slow boil to breakout Ruth Ann Nordin’s An Inconvenient Marriage
  • 50. #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 • limits merchandising opportunities • increases your dependence upon a single sales outlet
  • 51. Ebook retailers want indie ebooks
  • 53. #7 Build your Platform • Platform gives you control, leverage • Platform is your ability to reach and cultivate fans • Let fans decide how to connect • • Mailing list subscription • Facebook • • Blog and/or website Twitter, Google+, LinkedIn Include “Connect with the author” links at the end of every book
  • 55. 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
  • 56. The Viral Dream First reader More Readers
  • 57. Viral Decay, The Reality First reader Readers
  • 58. Negative Virality This book sucks!!!! First reader = Last reader Fun fact: 29 of 30 Apple bestsellers had rating of 4.5 stars
  • 59. How to Architect for Virality • Implement best practices • Avoid mistakes that undermine • Eliminate friction that limits • availability • discoverability • sampling • purchasing • enjoyment • Leverage viral catalysts
  • 60. What’s a Viral Catalyst? • A viral catalyst is anything 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
  • 61. Viral Catalysts • Every thing you do right increases virality Great cover Great book Broad distribution Fair price Good categorization Professionally edited Great formatting Great title Great book description Great marketing Social media enabled Sampling enabled Multiple formats LUCK! • Fall short anywhere, and you create unnecessary friction
  • 63. Secret #9 Pricing Strategy is Lever for Success • Pricing strategy impacts unit sales • Unit volume (sales and downloads) builds author platform, drives readers to your backlist • Unit sales X royalty per unit = profit • Pricing strategy essential to maximize both
  • 64. How Price Impacts Units Sold
  • 65. What Price Yields the Greatest Author Earnings?
  • 67. Secret 10: Don’t Worry about Piracy
  • 68. Everything you need to know about piracy • Obscurity is bigger risk • Black hat pirates who steal your book wouldn’t have purchased it anyway • Most piracy is accidental – it’s an enthusiastic fan marketing your book for you
  • 69. Irrational fear of piracy leads leads to obscurity • The only reliable method of piracy prevention is to NEVER PUBLISH • Anti-piracy measures such as DRM only limit availability, accessibility and enjoyment (they create FRICTION) • Combat piracy by making your book easier to purchase than steal • Low, fair price • Broad distribution
  • 71. Secret #11 Leverage Preorders! • Catalyst for increased sales • At Apple and Kobo, accumulated sales credit all at once on “onsale” date • Increased visibility leads to virtuous, selfreinforcing cycle of sales, also boughts • Capture the reader’s order • Budget 4-6 week preorder “runway” • Execute multi-part advance marketing plan • Increases retailer merchandising opps • NEW! - Smashwords delivers preorders to Apple, B&N and Kobo!
  • 73. Secret #12 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 keep no secrets
  • 75. Secret #13 Collaborate with Fellow Authors • Identify authors you love and your fans will love • Publish collaborations • Short story collections • Box sets • Joint promos • They have fans you don’t reach, you have fans they don’t reach • Everyone wins
  • 77. Secret #14 Think Globally
  • 78. You Have the Tools to Reach a Worldwide Market Today The tools are FREE
  • 79. The Global Ebook Opportunity • Countries outside the US are entering the exponential growth phase of their ebook markets • Ebook retailers going global • • Apple iBooks (51 countries), Amazon (~13), Kobo (14+), B&N (US, U.K.+) ~45% of Smashwords/iBooks sales global
  • 81. Secret #15 Add three sections to backmatter • About the Yourname Lastname • • Short bio Other books by Yourname Lastname • • • Title 1 Title 2 Connect with Yourname Lastname • Facebook: • Twitter: • Web site: • Blog: • Smashwords author page:
  • 83. Secret #16 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
  • 84. Thanks for Listening, and Good Luck!
  • 85. Free Ebook Publishing Resources • 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)
  • 86. Connect with Smashwords Connect with Smashwords: Web: www.smashwords.com Smashwords FAQ: https://www.smashwords.com/about/supportfaq Connect with Mark Coker: Blog: blog.smashwords.com LinkedIn: linkedin.com/in/markcoker Facebook: facebook.com/markcoker HuffPo: huffingtonpost.com/mark-coker Twitter: @markcoker

Notas del editor

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