Growing Sales During  Difficult Times   Brother, Can You Spare A Purchase Order?   AAUP June, 2010
AAUP Sales Through Q3 FY10 +3%  over YTD F09 actual +2.8% over budget Returns down 2% 18.5% to 16.7% of sales 66 presses reporting According to AAUP stats posted 4-14-2010
MELISSANNE SCHELD Cambridge University Press DAN KERVICH Yankee Book Peddlar FRED NACHBAUR Fordham University Press LENNY ALLEN Oxford University Press
AAUP Annual Meeting 2010 _______________________ Salt Lake City University Press Publication Year
AAUP Annual Meeting 2010 _______________________ Salt Lake City Quarterly Sales Trends
AAUP Annual Meeting 2010 _______________________ Salt Lake City Quarterly Sales Trends
AAUP Annual Meeting 2010 _______________________ Salt Lake City Relative UP Sales Share by Category, 2009
AAUP Annual Meeting 2010 _______________________ Salt Lake City Quarterly Sales Trends
AAUP Annual Meeting 2010 _______________________ Salt Lake City Quarterly Sales Trends
AAUP Annual Meeting 2010 _______________________ Salt Lake City Quarterly Sales Trends
AAUP Annual Meeting 2010 _______________________ Salt Lake City University Press Advanced Academic Cloth Philosophy 9/2007- 8/2009
AAUP Annual Meeting 2010 _______________________ Salt Lake City University Press Advanced Academic Cloth Philosophy 9/2007- 8/2009
AAUP Annual Meeting 2010 _______________________ Salt Lake City All Presses Press Advanced Academic Cloth Math 9/2007- 8/2009
AAUP Annual Meeting 2010 _______________________ Salt Lake City All Presses Press Advanced Academic Cloth Math 9/2007- 8/2009
Series Evaluations Series questionnaire for acquiring editor at the press Series questionnaire for series editor(s) Financial report of series Discussion at board meeting Review by outside scholars Decision made
University Mission Talk to scholars on your campus Meet with department heads, chairs and directors Take the lead Raise the profile of the press
Establish an Imprint for  Regional Books  Differentiate from academic monograph and edited collections Brand and market the books to a general interest audience New and reprints of regional books Same vetting process Much more accessible and warrant a trade imprimatur
Budgeting Critical to create title budgets Proposal stage, seasonal launch stage, print stage Small print runs Title by title sales projections
Creative Models Digital printing versus sheet fed Born POD/Digital Hardcover only for specialized monographs Price increases Different paper stock
XML Workflow Front-end workflow is optimal Most neutral file Build infrastructure Little return on investment yet in first year Cut print advertising and direct mail
Emarketing Online seasonal catalog Press blog -- FordhamImPRESSions.com Revamp website to be more dynamic and current Send eblasts for every new book published Themed campaigns Electronic course adoption campaigns Social Networking – Facebook, Twitter
Sales in a Cold Climate Lenny Allen Oxford University Press June 18, 2010
Account Review Review your account base regularly Mine your existing database or prospect for new accounts? Analyze profitability and minimize time wasters
Account Management Use the tools that accounts make available Ensure your buyer has the right information Don’t be afraid to second guess your buyers
Focus on Adoption College enrollment rates are at an historical high, with 70% of the members of the high school graduating class of 2009 being enrolled in college by October 2009 1 1. Rampell, Catherine. “College Enrollment Rate at Record High.”  The New York Times Economix Blog , April 28, 2010, Business section, online.
Think Like an Editor… … Or a marketer, But avoid thinking like a salesperson.

AAUP Growing Sales Slides

  • 1.
    Growing Sales During Difficult Times Brother, Can You Spare A Purchase Order? AAUP June, 2010
  • 2.
    AAUP Sales ThroughQ3 FY10 +3% over YTD F09 actual +2.8% over budget Returns down 2% 18.5% to 16.7% of sales 66 presses reporting According to AAUP stats posted 4-14-2010
  • 3.
    MELISSANNE SCHELD CambridgeUniversity Press DAN KERVICH Yankee Book Peddlar FRED NACHBAUR Fordham University Press LENNY ALLEN Oxford University Press
  • 4.
    AAUP Annual Meeting2010 _______________________ Salt Lake City University Press Publication Year
  • 5.
    AAUP Annual Meeting2010 _______________________ Salt Lake City Quarterly Sales Trends
  • 6.
    AAUP Annual Meeting2010 _______________________ Salt Lake City Quarterly Sales Trends
  • 7.
    AAUP Annual Meeting2010 _______________________ Salt Lake City Relative UP Sales Share by Category, 2009
  • 8.
    AAUP Annual Meeting2010 _______________________ Salt Lake City Quarterly Sales Trends
  • 9.
    AAUP Annual Meeting2010 _______________________ Salt Lake City Quarterly Sales Trends
  • 10.
    AAUP Annual Meeting2010 _______________________ Salt Lake City Quarterly Sales Trends
  • 11.
    AAUP Annual Meeting2010 _______________________ Salt Lake City University Press Advanced Academic Cloth Philosophy 9/2007- 8/2009
  • 12.
    AAUP Annual Meeting2010 _______________________ Salt Lake City University Press Advanced Academic Cloth Philosophy 9/2007- 8/2009
  • 13.
    AAUP Annual Meeting2010 _______________________ Salt Lake City All Presses Press Advanced Academic Cloth Math 9/2007- 8/2009
  • 14.
    AAUP Annual Meeting2010 _______________________ Salt Lake City All Presses Press Advanced Academic Cloth Math 9/2007- 8/2009
  • 15.
    Series Evaluations Seriesquestionnaire for acquiring editor at the press Series questionnaire for series editor(s) Financial report of series Discussion at board meeting Review by outside scholars Decision made
  • 16.
    University Mission Talkto scholars on your campus Meet with department heads, chairs and directors Take the lead Raise the profile of the press
  • 17.
    Establish an Imprintfor Regional Books Differentiate from academic monograph and edited collections Brand and market the books to a general interest audience New and reprints of regional books Same vetting process Much more accessible and warrant a trade imprimatur
  • 18.
    Budgeting Critical tocreate title budgets Proposal stage, seasonal launch stage, print stage Small print runs Title by title sales projections
  • 19.
    Creative Models Digitalprinting versus sheet fed Born POD/Digital Hardcover only for specialized monographs Price increases Different paper stock
  • 20.
    XML Workflow Front-endworkflow is optimal Most neutral file Build infrastructure Little return on investment yet in first year Cut print advertising and direct mail
  • 21.
    Emarketing Online seasonalcatalog Press blog -- FordhamImPRESSions.com Revamp website to be more dynamic and current Send eblasts for every new book published Themed campaigns Electronic course adoption campaigns Social Networking – Facebook, Twitter
  • 22.
    Sales in aCold Climate Lenny Allen Oxford University Press June 18, 2010
  • 23.
    Account Review Reviewyour account base regularly Mine your existing database or prospect for new accounts? Analyze profitability and minimize time wasters
  • 24.
    Account Management Usethe tools that accounts make available Ensure your buyer has the right information Don’t be afraid to second guess your buyers
  • 25.
    Focus on AdoptionCollege enrollment rates are at an historical high, with 70% of the members of the high school graduating class of 2009 being enrolled in college by October 2009 1 1. Rampell, Catherine. “College Enrollment Rate at Record High.” The New York Times Economix Blog , April 28, 2010, Business section, online.
  • 26.
    Think Like anEditor… … Or a marketer, But avoid thinking like a salesperson.