A  Digital   Roadmap For  Writers NZSA  AGM Christchurch, 15 May 2010 Martin Taylor Digital Publishing Forum http://digitalpublishing.org.nz [email_address]
Outline The  rise  of ebooks The  business  of ebooks Is it time to  fire my publisher ? Will writing  change  or books die? A crash course in  internet marketing More if time permits because …  there’s more .
How big is this? This is happening in the midst of a  generational shift in technology Decline of PC, rise of  mobile   web  and “ the   cloud”  Proliferation of  smart  mobile devices connecting to the cloud standards wars (but has Apple already won?) Google, Apple, Amazon are early drivers
Music’s iPod moment Disruptive technology changes the game Apple  sells  billions of songs in the face of free  Five years for 5 billion, 1.8 years for next 5 billion iTunes share now 69% of online music sales (Amazon 8%) and  24% of  all  music sales in US Source: MacRumors.com iTunes reaches 10  billion  music downloads, 24 Feb 2010
Books’ iPod Moment  (courtesy of Amazon’s 90% share) +333%   Q4 2009 vs Q4 2008 US trade ebook market growth, 2002-2009 Amazon  Kindle launched Sony  Reader launched
Next?
Skiff  Hearst / Plastic Logic Dell Streak  Google Android HP Slate  Windows 7 Google Nexus One Android Notion Ink Adam   Android / Pixel Qi
Speed of consumer technology adoption  Source: NY Times
Is this already a one horse race? Source: Flurry.com Mobile App Development by Platform
The iPad: Is it a new paradigm for presentation of digital works? iPad is part of a new digital paradigm Multi-touch: Pinch, swipe, tap (no mouse or keyboard)  Multiple media types Optimised for media Connected The sizzle to win consumers, media Source: YouTube, woodwing.com, the wonderfactory.com, zinio.com
Illustrated publications and the iPad
Who sells ebooks So far, a small number of  mostly global players Amazon, Apple, Google Editions (Jul), Kobo (NZ) High barriers to entry compared to bookstores Will ebooks be dominated by a  few big players ? cf Music: Apple has 70% share of paid downloads What are the  barriers  today for booksellers? High technology costs and expertise  Difficulty acquiring ebooks and managing metadata Scale needed to compete with large global players High security and trust requirements from publishers Google Editions  might reduce entry barriers
What sells? Source: O’Reilly Research, iBooks downloads during April 2010
How much should the ebook edition of a $30 paper book cost? Source: Digital Publishing Forum: digitalpublishing.org.nz – online poll conducted February-March 2009
What’s driving ebook pricing? Major publishers typically set ebook price today equal to cheapest p-book edition But with Amazon’s discounting, US$9.99 was becoming the de facto retail price April 3, 2010 it all changed: the  agency  model Catalyst was Apple’s iPad launch Means publisher sets  selling  price,  no discounting  allowed,  all sites will have same retail price , retailer gets a commission Could create a more diverse market with more retail channels Will it help to keep prices up? Consumers will decide. Rental  or subscriptions might also work “ Owning” books will become less important Need for  multiple price points  in a market How will libraries fit into this new world? About  60%+  of a  print  book’s cost is  distribution
Average selling price in iBooks (US$) Source: O’Reilly Research, iBooks downloads during April 2010
Royalties: Print vs ebook In general,  ebook royalties are a higher  % Unclear how close ‘e’ price will stay to ‘p’ But volumes might rise, eg more ‘pass along’ readers might pay Consumers expect lower prices  Most publisher and author costs are similar Industry must remove costs from distribution, not author/publisher, to finance this Royalties 10.50 15% net 14.00 20% net 30% 43% Retailer $100 $100 RRP 17.50 25% net 9.98 17.5% net $10.00 $10.00 10% RRP $70 $57 Net Ebook Print
Digital Contracts “ Wait and see”  is a bad approach for both authors and the industry Better to  limit term  than to do nothing  eg three years then a review Typical royalties 15-25% of  net  receipts Licensed editions vs publisher editions Higher rate should apply to licensed editions
Contracts (cont.d) Should you  separate digital from print  rights? Useful negotiating tactic, perhaps … but most publishers will shun this and  difficult to manage Who does promotion? Could reduce incentives at a critical time for a new book Coordination: You should probably aim for simultaneous release of p & ebook Potential for duplicated editing and production costs More likely to work for  older backlist Revised NZSA contract with digital update is due shortly
Should I insist on Digital Rights Management? Probably, but: DRM reduces copying by encrypting an ebook Special software needed at reader end to decrypt There are many  incompatible  DRM systems Same format can be incompatible if different DRM system used Adobe DRM is ‘open’ option (open for anyone to buy) Publisher  will almost certainly propose DRM Limits e-reader devices and sales channels Makes it harder to build audience for new author Do sales lost to piracy outweigh sales lost from DRM?
Is it time to fire your publisher? KEY:  ↑ More important to author  ↓  Less important  ↔ Same ↑ ↑ ↔ ↔ ↓ ↓ ↓ ↔ ↓ ↑ .. and digital? Marketing to readers Sell other rights Collect and distribute royalties Marketing to booksellers Distribution Sales to booksellers Editing and production Provide finance Selection and endorsement What publishers do … for print
So you’ve fired your publisher. What next? The good news:  Self-publishing is easier than ever (but  success  probably isn’t) Amazon ’s  Digital Text Platform Receive 30-70%, Kindle format (DRM) Smashwords .com Receive 85%, ePub format (no DRM) Also has Publisher option for multi-author list Lulu .com US$4-5 per download, ePub, Adobe DRM optional
Self publishers selling well in Apple’s iBooks store Source: O’Reilly Research, iBooks downloads during April 2010
Making an ebook, made easy Options Conversion  from print PDF via  conversion service  (work usually done in India) Upload Word file to an  automated  system eg Amazon, Smashwords, Lulu. Aimed at self-publishers. Fine while production expectations are low D-I-Y , eg using Adobe InDesign, or Calibre Technical skills needed (InDesign, HTML, CSS)
Making an ebook, made easy For books, recommended formats today are  ePub  and  PDF   PDF  is a poor choice for new mobile devices Useful for print including print on demand (POD) ‘ Legacy’ format for complex layouts and PC-based access ePub  is a variation of web technology (HTML)  Best suited today for long form narrative works Next ePub version 2.1 (due 2012) will be better for highly illustrated/complex layout works
Will writing change? More social, less solo . Wisdom? of the crowd More critics   Internet brings opinions to the world Shared annotations and marginalia will be an increasing trend Public writing process: creating new works, in real time, with their readers contributing, eg O’Reilly Continuous updates: ‘ Literature as a service ’ Usability  will be important The ‘vook’: a  multimedia  extravaganza There should always be a place for works conceived and executed  solo Multimedia is inevitable (and good) for some genres
Will the printed book die? Probably , over a generation or so Hard to see how print will compete as reading devices improve Economics and usability will cement digital’s place Preservation issues still to be solved ‘ Beautiful books’ might remain a  thriving niche Print on demand will  extend print’s life Will long form narrative works survive? Absolutely, perhaps stronger than ever More opportunities to read = more reading
A crash course in internet marketing What you need to do (but, alas, not how to do it)
The  Toolset Website or blog Search Organic and paid Email (‘old’ but still good  ) Social media Metadata The unglamorous but high payback foundation
Getting  found , getting  bought Metadata  (‘data about data’) describes your book to both  machines  and  people It contains  bibliographic  information,  rights and usage  data, and  sales  information  It’s key to being  discovered by search engines  (Google or a site’s own search) And it contains your  primary sales pitch for humans   So make it accurate, complete and rich
Search Paid  Search – ‘Pay Per Click’ advertising  Google adwords, YouTube etc Organic  search Getting high up in the search results A big subject but for the most important thing – fresh, relevant content - writers will be better at than most Start with list of  key words  and  key  phrases  searchers will use to find you
SEO Top 5: Tune Your  Website Use keywords in  Title  (<title> tag) Title shows on the top bar of visitor’s browser Useful, unique and fresh  content Keywords in first 50-100 words of HTML page Use keywords in  Heading 1  (<h1> tag) Heading 2-6 (<h2> to <h6> tags) also useful Keyword   use   in   page links both internal links and external (in-bound) links Site design:  useful hierarchy ,  text-based links , breadcrumbs, sitemap (and XML Sitemap), keywords in  domain name  and directory structure Ranking based loosely on data from: http://www.seomoz.org/article/search-ranking-factors
Social Media Connects  people to friends, business colleagues and interest groups Marketing power is in the potential to  dramatically increase  ‘Word of Mouth’ Facebook and Twitter (LinkedIn for business) are the best to focus on today A Facebook Page or Group is an alternative to a blog or website Twitter is a great way to share updates and interesting links about your field of interest
Social media (cont.d) First principle of social media: “ Give  and you shall receive” People will follow you, spread the word, if you offer good information, opinion, etc Be very respectful: hard sell is a turn-off Social networks need to be  maintained  regularly (but don’t overdo it) Automation helps you update multiple media But don’t get an ‘automated feel’: let people know there’s a human behind it.  Personality matters .
Instant website A free website in 5 steps
 
A free website in  5 steps Go to  WordPress.com Sign Up  for a free account then  Login Go to  Appearances  | Themes Choose a theme (site design) and  Activate  it Go to  Settings  | General Add your site’s  Title  and  Tagline Go to  Posts  | Add New   Write your first story and  Publish!
Add PAGES for static information
Instant website (cont.d) (Optional) Go to  Pages  | Add New Write pages for static info (eg Home, About Us, Contact Us) Go to  Settings  | Reading For Front Page Display select  A static page Choose a Page for the  Front page  and for the  Posts page  (ie your news/blog articles) Save Changes . You’re done!
Internet Marketing Summary The internet puts more marketing and selling tools  in authors’ hands You still need time and ongoing commitment to use it (after the day job) Authors committing to use these tools should  expect strong support  from their publishers Driving traffic, creating digital resources to use on their sites, etc This will become an increasingly important part of assessing which publisher is best for you
Thanks! Martin Taylor web: digitalpublishing.org.nz email: martin@digitalstrategies.co.nz blog: activitypress.com/ ereport

A Digital Roadmap for Writers

  • 1.
    A Digital Roadmap For Writers NZSA AGM Christchurch, 15 May 2010 Martin Taylor Digital Publishing Forum http://digitalpublishing.org.nz [email_address]
  • 2.
    Outline The rise of ebooks The business of ebooks Is it time to fire my publisher ? Will writing change or books die? A crash course in internet marketing More if time permits because … there’s more .
  • 3.
    How big isthis? This is happening in the midst of a generational shift in technology Decline of PC, rise of mobile web and “ the cloud” Proliferation of smart mobile devices connecting to the cloud standards wars (but has Apple already won?) Google, Apple, Amazon are early drivers
  • 4.
    Music’s iPod momentDisruptive technology changes the game Apple sells billions of songs in the face of free Five years for 5 billion, 1.8 years for next 5 billion iTunes share now 69% of online music sales (Amazon 8%) and 24% of all music sales in US Source: MacRumors.com iTunes reaches 10 billion music downloads, 24 Feb 2010
  • 5.
    Books’ iPod Moment (courtesy of Amazon’s 90% share) +333% Q4 2009 vs Q4 2008 US trade ebook market growth, 2002-2009 Amazon Kindle launched Sony Reader launched
  • 6.
  • 7.
    Skiff Hearst/ Plastic Logic Dell Streak Google Android HP Slate Windows 7 Google Nexus One Android Notion Ink Adam Android / Pixel Qi
  • 8.
    Speed of consumertechnology adoption Source: NY Times
  • 9.
    Is this alreadya one horse race? Source: Flurry.com Mobile App Development by Platform
  • 10.
    The iPad: Isit a new paradigm for presentation of digital works? iPad is part of a new digital paradigm Multi-touch: Pinch, swipe, tap (no mouse or keyboard) Multiple media types Optimised for media Connected The sizzle to win consumers, media Source: YouTube, woodwing.com, the wonderfactory.com, zinio.com
  • 11.
  • 12.
    Who sells ebooksSo far, a small number of mostly global players Amazon, Apple, Google Editions (Jul), Kobo (NZ) High barriers to entry compared to bookstores Will ebooks be dominated by a few big players ? cf Music: Apple has 70% share of paid downloads What are the barriers today for booksellers? High technology costs and expertise Difficulty acquiring ebooks and managing metadata Scale needed to compete with large global players High security and trust requirements from publishers Google Editions might reduce entry barriers
  • 13.
    What sells? Source:O’Reilly Research, iBooks downloads during April 2010
  • 14.
    How much shouldthe ebook edition of a $30 paper book cost? Source: Digital Publishing Forum: digitalpublishing.org.nz – online poll conducted February-March 2009
  • 15.
    What’s driving ebookpricing? Major publishers typically set ebook price today equal to cheapest p-book edition But with Amazon’s discounting, US$9.99 was becoming the de facto retail price April 3, 2010 it all changed: the agency model Catalyst was Apple’s iPad launch Means publisher sets selling price, no discounting allowed, all sites will have same retail price , retailer gets a commission Could create a more diverse market with more retail channels Will it help to keep prices up? Consumers will decide. Rental or subscriptions might also work “ Owning” books will become less important Need for multiple price points in a market How will libraries fit into this new world? About 60%+ of a print book’s cost is distribution
  • 16.
    Average selling pricein iBooks (US$) Source: O’Reilly Research, iBooks downloads during April 2010
  • 17.
    Royalties: Print vsebook In general, ebook royalties are a higher % Unclear how close ‘e’ price will stay to ‘p’ But volumes might rise, eg more ‘pass along’ readers might pay Consumers expect lower prices Most publisher and author costs are similar Industry must remove costs from distribution, not author/publisher, to finance this Royalties 10.50 15% net 14.00 20% net 30% 43% Retailer $100 $100 RRP 17.50 25% net 9.98 17.5% net $10.00 $10.00 10% RRP $70 $57 Net Ebook Print
  • 18.
    Digital Contracts “Wait and see” is a bad approach for both authors and the industry Better to limit term than to do nothing eg three years then a review Typical royalties 15-25% of net receipts Licensed editions vs publisher editions Higher rate should apply to licensed editions
  • 19.
    Contracts (cont.d) Shouldyou separate digital from print rights? Useful negotiating tactic, perhaps … but most publishers will shun this and difficult to manage Who does promotion? Could reduce incentives at a critical time for a new book Coordination: You should probably aim for simultaneous release of p & ebook Potential for duplicated editing and production costs More likely to work for older backlist Revised NZSA contract with digital update is due shortly
  • 20.
    Should I insiston Digital Rights Management? Probably, but: DRM reduces copying by encrypting an ebook Special software needed at reader end to decrypt There are many incompatible DRM systems Same format can be incompatible if different DRM system used Adobe DRM is ‘open’ option (open for anyone to buy) Publisher will almost certainly propose DRM Limits e-reader devices and sales channels Makes it harder to build audience for new author Do sales lost to piracy outweigh sales lost from DRM?
  • 21.
    Is it timeto fire your publisher? KEY: ↑ More important to author ↓ Less important ↔ Same ↑ ↑ ↔ ↔ ↓ ↓ ↓ ↔ ↓ ↑ .. and digital? Marketing to readers Sell other rights Collect and distribute royalties Marketing to booksellers Distribution Sales to booksellers Editing and production Provide finance Selection and endorsement What publishers do … for print
  • 22.
    So you’ve firedyour publisher. What next? The good news: Self-publishing is easier than ever (but success probably isn’t) Amazon ’s Digital Text Platform Receive 30-70%, Kindle format (DRM) Smashwords .com Receive 85%, ePub format (no DRM) Also has Publisher option for multi-author list Lulu .com US$4-5 per download, ePub, Adobe DRM optional
  • 23.
    Self publishers sellingwell in Apple’s iBooks store Source: O’Reilly Research, iBooks downloads during April 2010
  • 24.
    Making an ebook,made easy Options Conversion from print PDF via conversion service (work usually done in India) Upload Word file to an automated system eg Amazon, Smashwords, Lulu. Aimed at self-publishers. Fine while production expectations are low D-I-Y , eg using Adobe InDesign, or Calibre Technical skills needed (InDesign, HTML, CSS)
  • 25.
    Making an ebook,made easy For books, recommended formats today are ePub and PDF PDF is a poor choice for new mobile devices Useful for print including print on demand (POD) ‘ Legacy’ format for complex layouts and PC-based access ePub is a variation of web technology (HTML) Best suited today for long form narrative works Next ePub version 2.1 (due 2012) will be better for highly illustrated/complex layout works
  • 26.
    Will writing change?More social, less solo . Wisdom? of the crowd More critics  Internet brings opinions to the world Shared annotations and marginalia will be an increasing trend Public writing process: creating new works, in real time, with their readers contributing, eg O’Reilly Continuous updates: ‘ Literature as a service ’ Usability will be important The ‘vook’: a multimedia extravaganza There should always be a place for works conceived and executed solo Multimedia is inevitable (and good) for some genres
  • 27.
    Will the printedbook die? Probably , over a generation or so Hard to see how print will compete as reading devices improve Economics and usability will cement digital’s place Preservation issues still to be solved ‘ Beautiful books’ might remain a thriving niche Print on demand will extend print’s life Will long form narrative works survive? Absolutely, perhaps stronger than ever More opportunities to read = more reading
  • 28.
    A crash coursein internet marketing What you need to do (but, alas, not how to do it)
  • 29.
    The ToolsetWebsite or blog Search Organic and paid Email (‘old’ but still good  ) Social media Metadata The unglamorous but high payback foundation
  • 30.
    Getting found, getting bought Metadata (‘data about data’) describes your book to both machines and people It contains bibliographic information, rights and usage data, and sales information It’s key to being discovered by search engines (Google or a site’s own search) And it contains your primary sales pitch for humans So make it accurate, complete and rich
  • 31.
    Search Paid Search – ‘Pay Per Click’ advertising Google adwords, YouTube etc Organic search Getting high up in the search results A big subject but for the most important thing – fresh, relevant content - writers will be better at than most Start with list of key words and key phrases searchers will use to find you
  • 32.
    SEO Top 5:Tune Your Website Use keywords in Title (<title> tag) Title shows on the top bar of visitor’s browser Useful, unique and fresh content Keywords in first 50-100 words of HTML page Use keywords in Heading 1 (<h1> tag) Heading 2-6 (<h2> to <h6> tags) also useful Keyword use in page links both internal links and external (in-bound) links Site design: useful hierarchy , text-based links , breadcrumbs, sitemap (and XML Sitemap), keywords in domain name and directory structure Ranking based loosely on data from: http://www.seomoz.org/article/search-ranking-factors
  • 33.
    Social Media Connects people to friends, business colleagues and interest groups Marketing power is in the potential to dramatically increase ‘Word of Mouth’ Facebook and Twitter (LinkedIn for business) are the best to focus on today A Facebook Page or Group is an alternative to a blog or website Twitter is a great way to share updates and interesting links about your field of interest
  • 34.
    Social media (cont.d)First principle of social media: “ Give and you shall receive” People will follow you, spread the word, if you offer good information, opinion, etc Be very respectful: hard sell is a turn-off Social networks need to be maintained regularly (but don’t overdo it) Automation helps you update multiple media But don’t get an ‘automated feel’: let people know there’s a human behind it. Personality matters .
  • 35.
    Instant website Afree website in 5 steps
  • 36.
  • 37.
    A free websitein 5 steps Go to WordPress.com Sign Up for a free account then Login Go to Appearances | Themes Choose a theme (site design) and Activate it Go to Settings | General Add your site’s Title and Tagline Go to Posts | Add New Write your first story and Publish!
  • 38.
    Add PAGES forstatic information
  • 39.
    Instant website (cont.d)(Optional) Go to Pages | Add New Write pages for static info (eg Home, About Us, Contact Us) Go to Settings | Reading For Front Page Display select A static page Choose a Page for the Front page and for the Posts page (ie your news/blog articles) Save Changes . You’re done!
  • 40.
    Internet Marketing SummaryThe internet puts more marketing and selling tools in authors’ hands You still need time and ongoing commitment to use it (after the day job) Authors committing to use these tools should expect strong support from their publishers Driving traffic, creating digital resources to use on their sites, etc This will become an increasingly important part of assessing which publisher is best for you
  • 41.
    Thanks! Martin Taylorweb: digitalpublishing.org.nz email: martin@digitalstrategies.co.nz blog: activitypress.com/ ereport