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Ebook Publishing Best Practices
16 Secrets of the Bestselling Indie Ebook Authors
PART II – Sunnyvale Public Library
January 27, 2015
Mark Coker
Founder, Smashwords
Twitter: @markcoker
Welcome to Part II
• What you’ll learn
• How to e-publish like a pro
• How to reach more readers and sell more
books
• 16 best practices of the bestselling indie
authors
• Who this presentation is for
• Aspiring authors, published authors, library
staff
• No technical experience required!
My Backstory
I evaluated our options
1.The rational option
 Admit we sucked, give up and accept
our fate as failed authors
1. The irrational option
 Believe in ourselves
 Try to fix the problem
The Three Essential Legs of the
Professional Publishing Stool
- 1 -
Printing
Press
- 3 -
Retail Distribution
- 2 -
Best practices
knowledge
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
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
Smashwords Distribution Network
Upload/Update Once, Distribute Globally
Ebooks published at Smashwords
Let’s talk best practices
Platforms like Smashwords make
ePublishing and eDistribution Easy…
Reaching Readers is Difficult *
* most books don’t sell well
The Long Tail of Authordom
Author sales rank
Author
earnings
The Secret to Reaching Readers:
Best
Practices!
Let’s review the best practices of
the best-selling indie authors
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
• Readers prefer L O N G E R books
Longer Books Sell Better!
As word count drops, sales and sales rank drops. Visualize the power
curve overlaid on this chart. Books ranked in the top 10, 50 or 100 will
sell exponentially more units than books ranked 1,000 or worse
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
• Should arrest reader with thumb nail
• Makes a promise to the target reader
• You must know your target reader with micro-
precision. For example, someone who enjoys
romantic suspense is much more targeted that
someone who enjoys romance.
What’s this book about?
Don’t be sloppy
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
And now a case study…
The evolution of one cover
to 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
Bestselling Authors Publish More
Books
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
• Makes it easier for readers to take a chance
on an unknown, untrusted author
• ~39X more downloads
• Turbocharges a series
• Free works for standalone promos too
• The highest grossing authors at
Smashwords offer at least one free
book
FREE Series Starters
Turbocharge a Series
Secret Five
#5 Patience is a Virtue
• 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
• Ebooks are immortal
• Never go out of print
• When your book lands at retailer, it’s a
seedling, nourish it
• Never remove
• Let’s look at some examples…
Slow boil, breakout, slow boil,
bigger breakout
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 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
Smashwords Distribution Network
Upload/Update Once, Distribute Globally
Secret Seven
#7 Build a Platform You Control
• Platform is your ability to reach and cultivate
fans
• Platform gives you control, leverage
• Let fans decide how to connect
• Facebook
• Twitter, Google+, LinkedIn
• Blog and/or website
• Mailing list subscription
• Include “Connect with the author” links at the
end of every book (more on this later!)
Secret Eight
Secret #8 Use Viral Catalysts to
Drive Word of Mouth
• Books have always been a word of
mouth business
• Your readers determine your success
• 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
Sampling enabled
Multiple formats
Patience
LUCK!
• Fall short anywhere, and you
undermine true potential
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 readership and earnings
Which Price Points for Fiction Get
Most Downloads (% over/under
average)
Which Price Points Yield Highest
Earnings
Secret Ten
Secret 10: Don’t Let Fear of
Piracy Paralyze Your
Publishing
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
• Combat piracy by making your book
easier to purchase than steal
• Broad availability at all stores
• Low, fair price
Secret Eleven
Secret #11 Leverage Preorders!
• What’s a preorder?
 Advance book listing at major retailers
 Allows readers to reserve a copy in advance of release date
 Customer credit card not charged until release date
 Fast track to bestseller lists because all accumulated preorders
credit all at once toward your first day’s sales rank, causing
your book to rise in bestseller lists, which makes your book
more visible and desirable to readers
 Learn about preorders at http://smashwords.com/preorder
Secret Twelve
Secret #12 Practice Partnership
and Positivity
• Your fellow authors and service providers are
your partners
• Develop relationships
• Their success is your success
• Share your secrets
• Positivity trumps negativity
• Relationships give you upper hand
• Avoid all negativity in social media - Internet rants
are permanent, divisive and turn off readers and
potential partners
• Google alerts keep no secrets
Secret Thirteen
Secret #13 Collaborate with
Fellow Authors
• Identify authors you love and your fans will
love
• Publish collaborations
• Box sets of full-length
• Short story collections
• Joint promos
• They have fans you don’t reach, you have fans they
don’t reach
• Everyone wins
• Learn how to do box sets:
http://blog.smashwords.com/2014/08/how-to-do-box-
sets-at-smashwords-for.html
Secret Fourteen
Secret #14 Add three sections to
backmatter
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 how at http://blog.smashwords.com/2013/11/how-to-add-navigation-
to-smashwords.html
Secret Fifteen
Secret #15 Think Globally
Apple, B&N, Kobo, Amazon and
others are going global
You Have the Tools to Reach a
Worldwide Market Today
The tools are FREE
The market for your English-language books
outside the US will soon exceed the US
market
Apple operates iBooks in 51 countries. We
distribute to Apple. In 2014, 45% of
Smashwords Apple iBooks sales were outside
the US
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
• I want you to succeed. Approach this
That’s it!
FREE RESOURCES
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)
Learn how to e-publish like a pro with
Smashwords Tutorials at Youtube at
youtube.com/user/Smashwords
Q&A
Connect with Mark Coker and Smashwords:
Web: www.smashwords.com
Blog: blog.smashwords.com
LinkedIn: linkedin.com/in/markcoker
Facebook: facebook.com/markcoker
HuffPo: huffingtonpost.com/mark-coker
Twitter: @markcoker

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Ebook Publishing Best Practices - 16 Secrets of the Bestsellers (Part Two of Two in Sunnyvale Public Library series)

  • 1. Ebook Publishing Best Practices 16 Secrets of the Bestselling Indie Ebook Authors PART II – Sunnyvale Public Library January 27, 2015 Mark Coker Founder, Smashwords Twitter: @markcoker
  • 2. Welcome to Part II • What you’ll learn • How to e-publish like a pro • How to reach more readers and sell more books • 16 best practices of the bestselling indie authors • Who this presentation is for • Aspiring authors, published authors, library staff • No technical experience required!
  • 4.
  • 5. I evaluated our options 1.The rational option  Admit we sucked, give up and accept our fate as failed authors 1. The irrational option  Believe in ourselves  Try to fix the problem
  • 6. The Three Essential Legs of the Professional Publishing Stool - 1 - Printing Press - 3 - Retail Distribution - 2 - Best practices knowledge
  • 7. 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
  • 8. 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
  • 10. Ebooks published at Smashwords
  • 11. Let’s talk best practices
  • 12. Platforms like Smashwords make ePublishing and eDistribution Easy…
  • 13. Reaching Readers is Difficult * * most books don’t sell well
  • 14. The Long Tail of Authordom Author sales rank Author earnings
  • 15. The Secret to Reaching Readers: Best Practices!
  • 16. Let’s review the best practices of the best-selling indie authors
  • 18. #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 • Readers prefer L O N G E R books
  • 19. Longer Books Sell Better! As word count drops, sales and sales rank drops. Visualize the power curve overlaid on this chart. Books ranked in the top 10, 50 or 100 will sell exponentially more units than books ranked 1,000 or worse
  • 21. #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 • Should arrest reader with thumb nail • Makes a promise to the target reader • You must know your target reader with micro- precision. For example, someone who enjoys romantic suspense is much more targeted that someone who enjoys romance.
  • 24. Don’t do this either
  • 25. Great covers make a promise
  • 26. Great covers make a promise
  • 27. Great covers make a promise
  • 28. Great covers make a promise
  • 29. Great covers make a promise
  • 30. Great covers make a promise
  • 31. And now a case study… The evolution of one cover
  • 33. … to this cover…
  • 34. The cover sparked a breakout at Apple
  • 35. And landed her on the NY Times Bestseller List
  • 37. #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
  • 40. #4 Give (some of) Your Books away for Free • If you have a deep backlist, offer at least one full-length book for free • Makes it easier for readers to take a chance on an unknown, untrusted author • ~39X more downloads • Turbocharges a series • Free works for standalone promos too • The highest grossing authors at Smashwords offer at least one free book
  • 43. #5 Patience is a Virtue • 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 • Ebooks are immortal • Never go out of print • When your book lands at retailer, it’s a seedling, nourish it • Never remove • Let’s look at some examples…
  • 44. Slow boil, breakout, slow boil, bigger breakout
  • 45. Slow boil, breakout, slow boil, smaller breakouts
  • 46. Slow boil to breakout Ruth Ann Nordin’s An Inconvenient Marriage
  • 48. #6 Maximize Availability, Avoid Exclusivity • Ebook retailing is not like sports 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. #7 Build a Platform You Control • Platform is your ability to reach and cultivate fans • Platform gives you control, leverage • Let fans decide how to connect • Facebook • Twitter, Google+, LinkedIn • Blog and/or website • Mailing list subscription • Include “Connect with the author” links at the end of every book (more on this later!)
  • 53. Secret #8 Use Viral Catalysts to Drive Word of Mouth • Books have always been a word of mouth business • Your readers determine your success • Leverage viral catalysts
  • 54. 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
  • 55. 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 Sampling enabled Multiple formats Patience LUCK! • Fall short anywhere, and you undermine true potential
  • 57. 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 readership and earnings
  • 58. Which Price Points for Fiction Get Most Downloads (% over/under average)
  • 59. Which Price Points Yield Highest Earnings
  • 61. Secret 10: Don’t Let Fear of Piracy Paralyze Your Publishing
  • 62. 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 • Combat piracy by making your book easier to purchase than steal • Broad availability at all stores • Low, fair price
  • 64. Secret #11 Leverage Preorders! • What’s a preorder?  Advance book listing at major retailers  Allows readers to reserve a copy in advance of release date  Customer credit card not charged until release date  Fast track to bestseller lists because all accumulated preorders credit all at once toward your first day’s sales rank, causing your book to rise in bestseller lists, which makes your book more visible and desirable to readers  Learn about preorders at http://smashwords.com/preorder
  • 66. Secret #12 Practice Partnership and Positivity • Your fellow authors and service providers are your partners • Develop relationships • Their success is your success • Share your secrets • Positivity trumps negativity • Relationships give you upper hand • Avoid all negativity in social media - Internet rants are permanent, divisive and turn off readers and potential partners • Google alerts keep no secrets
  • 68. Secret #13 Collaborate with Fellow Authors • Identify authors you love and your fans will love • Publish collaborations • Box sets of full-length • Short story collections • Joint promos • They have fans you don’t reach, you have fans they don’t reach • Everyone wins • Learn how to do box sets: http://blog.smashwords.com/2014/08/how-to-do-box- sets-at-smashwords-for.html
  • 70. Secret #14 Add three sections to backmatter 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 how at http://blog.smashwords.com/2013/11/how-to-add-navigation- to-smashwords.html
  • 72. Secret #15 Think Globally
  • 73. Apple, B&N, Kobo, Amazon and others are going global You Have the Tools to Reach a Worldwide Market Today The tools are FREE
  • 74. The market for your English-language books outside the US will soon exceed the US market Apple operates iBooks in 51 countries. We distribute to Apple. In 2014, 45% of Smashwords Apple iBooks sales were outside the US
  • 76. 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 • I want you to succeed. Approach this
  • 79. 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)
  • 80. Learn how to e-publish like a pro with Smashwords Tutorials at Youtube at youtube.com/user/Smashwords
  • 81. Q&A Connect with Mark Coker and Smashwords: Web: www.smashwords.com Blog: blog.smashwords.com LinkedIn: linkedin.com/in/markcoker Facebook: facebook.com/markcoker HuffPo: huffingtonpost.com/mark-coker Twitter: @markcoker