Publishers should give away ebooks with print books

Readers today are forced to choose between buying a physical book or an ebook, but a lot of them would really like to have both on hand – so they’d be able, for instance, to curl up with the print edition while at home (and keep it on their shelves) but also be able to load the ebook onto their e-reader when they go on a trip. In fact, bundling a free electronic copy with a physical product would have a much bigger impact in the book business than in the music business. After all, in order to play vinyl you have to buy a turntable, and most people aren’t going to do that. So vinyl may be a bright spot for record companies, but it’s not likely to become an enormous bright spot. The only technology you need to read a print book is the eyes you were born with, and print continues, for the moment, to be the leading format for books. If you start giving away downloads with print copies, you shake things up in a pretty big way.

So why give away the bits? Well, traditional book publishers have three big imperatives today: (1) protect print sales for as long as possible (in order to fund a longer-term transition to a workable new business model); (2) help keep physical bookstores in business (for the reasons set out in this article by Julie Bosman); and (3) do anything possible to curb the power of Amazon.com, the publishers’ arch-frenemy. Bundling bits with atoms helps on all three fronts. First, you give people an added incentive to buy a print book. When it comes to paperbacks, in particular, a customer essentially gets the physical and electronic copies for the price they’d pay for an electronic copy alone. That changes the buying equation. Second, you do something that helps physical bookstores in their own end-of-days battle with Amazon. Suddenly, they have a strong new sales pitch. Third, by offering the ebooks in a standard, non-proprietary format (ePub, say), you make the Kindle, which doesn’t handle the ePub format, considerably less attractive, particularly for anyone buying their first e-reader. (Why buy one that’s not going to accept those free ebooks you’re going to get when you decide you want a print edition?) Either Amazon stands firm with its proprietary format, or it retools the Kindle as a general purpose reader that can handle ePub. If it chooses the former course, it loses e-reader market share. If it takes the latter course, it weakens its grip on sales of ebooks and weakens the rationale for subsidizing Kindle purchases. There’s also one other potential benefit for publishers, which could be very important in the long run: By setting up their own site where customers download free ebooks, they open a direct relationship with book readers, something they’ve never really had before.

I think the premise of this article is flawed from the outset, namely, that readers would like to have both an ebook and physical copy of a book. I don’t see any evidence of that anywhere. I know lots of people who’ve made the jump to ereading, and every single one of them, without exception, has said farewell to print. Once you get hooked on ereading, you come to realize just how cumbersome print reading really is. Physical books are awkward to hold with one hand (slim paperbacks, maybe, but hardcovers? No way), have no built in dictionary, no ability to resize or change fonts, no ability to instantly purchase a new book any time of the day or night.

I simply don’t see a groundswell clamoring for this option, regardless of its technical feasibility.

Read the rest at RoughType.com.

The value of Amazon’s KDP Select Program

From The Corner, by David Kazzie:

This is my guess as to how a book that couldn’t muster a sale a day became an Amazon bestseller, virtually overnight.

Early Friday morning, the book continued to appear on the Free bestseller list, even though it switched back to Paid. There was a little bubble above the price marked “Why is This Not Free?”, and if you scrolled over it, you got Amazon’s explanation about it (although I can’t quite remember what the explanation is) — regardless, the now-$2.99 book was getting bestseller exposure even though it wasn’t really a Paid bestseller. This only lasted for a couple of hours, but I think it helped get the ball rolling.

Also, I had so many free downloads, the book began to appear in other books’ “Customer Also Bought” pages. Amazon doesn’t seem to care if these books mix together on the Also-Bought lists, so many more people were seeing the book once it switched back to Paid status, even though all its prior traffic was due to free downloads.

Other factors that might have kept things snowballing: I write in a pretty popular genre (suspense/thrillers), and I’ve got a pretty cool cover.

It should be noted that several other books (from different genres) that made it to the top 10 Free List on the days I was there seem to have experienced similar success when switching to the Paid list. One book, Fresh Powder, has made it all the way to No. 26.

HERE’S THE BAD NEWS

Also worth a discussion — what doesn’t help or boost sales. I hate to say it, but I’m gonna. My blog, my Facebook fan page and Twitter feed didn’t help push the book beyond the confines of my regular following.

I like blogging, so I never have done it simply as a sales tool. But any sales generated as a result of my blog posts have been minimal at best.

As for Twitter: I think I’m a decent enough Tweeter — I interact with people, I retweet interesting content, and a good number of my own tweets get retweeted. I venture outside the insulated Twitter world of writers. I like the people I interact with on Twitter and on my Facebook fan page, and those are good ways to get my blog posts out or to tell one-liner Twitter jokes (to be honest, I think Twitter is really effective for sharpening writing skills). And I don’t use Twitter as a place to shill my books (I’ve probably sent a dozen or so self-promo Tweets, most in the days after I initially published the book).

But it’s probably been ineffective as a book marketing device. Now perhaps I don’t have a big enough following for it to make a difference. I know one thing — of the few hundred books I’d sold before all this happened, a good chunk were bought by my family and friends. I did very little self-promo, especially on Twitter, because I know how poorly other authors’ self-promo tweets worked on me. And the tweets I did send? Probably didn’t make a lick of difference. I hadn’t run any advertisements, but I had purchased two (ironically, the first one doesn’t even run until Feb. 27, and the second won’t run until March 31).

Read the rest here.

The KDP Select Program works this way: Amazon puts a big pot of money every month in a slush fund that gets shared by writers whose books are lent out through the Kindle Owners’ Lending Library. The more times your book is lent out, the more money you make. The catch is that you have to give Amazon exclusive rights to your book for at least 90 days, which means if you have it for sale on places like the iBookstore or Barnes & Noble, those have to come down for the 90 day exclusive time frame. The big question is whether or not this tradeoff is worth it.

I admit, I’m intrigued by this. I’ve been somewhat dismissive of the KDP Select Program, but this has me rethinking the value of it. I may give it a shot, since my sales on the iBookstore, Barnes & Noble, and the Sony eReader Store are pretty nil. If I do, I’ll definitely write about it here.

Apple diving into the self-publishing business

The mysterious event Apple is holding later this month just got a little less mysterious.  They are apparently going to make it easier to self-publish books through their iBookstore application.

Apple is going to be holding an exclusive event in New York city later this month to possibly launch a new program for their iBooks and Publishing platform. Sources close to the matter have told us that they intend on launching a new digital self-publishing platform to get peoples content into the iBookstore. This is a huge step forward for Apple to compete with Amazon (DTP) and Barnes and Noble (Pubit).

One of the only ways to get listed into the Apple iBookstore if you are an independent author is to go through a 3rd party such as Smashwords. They assign you a free ISBN for choosing them and they will submit your books to iBooks and tons of others.

Apple will be taking a cue from the new Amazon program that gives indie authors an incentive to publish exclusively with them. There is no details yet on the actual semantics of the program and how it will work. One has to wonder on the revenue share system they will employ to be competitive with other mainstream self-publishing systems. The one thing we were told is that they will use the EPUB format and make it very easy for people to convert their documents or existing books to comply with their format.

My self-published mainstream novel Life Line is in the iBookstore (as well as Amazon Barnes & Noble, and the Sony ereader store), but I published it directly with Apple rather than Smashwords. To do so you need (a) a Mac and (b) your own ISBN number, which costs about $100. It’s a little more cumbersome than publishing with either Amazon or Barnes & Noble, so I’m also hoping that they manage to streamline and simplify the process. At the very least they should either rescind the requirement to have an ISBN for each book you publish, or provide some way for writers to easily obtain one through the iBookstore publishing process at a reduced cost.

Read the full article and comments here.

New Nook Color coming November 7

I have the Nook Touch, the black-and-white e-ink reader Barnes & Noble released last summer. I love it, and use it almost every day, in addition to my iPad (which my wife has commandeered to read the complete Dresden Files). I wanted a small, light, touch-based ereader, and at the time the Nook was the only game in town.

Barnes & Noble’s released their first Nook Color just about a year ago. A new version of the Android-powered device is set to debut next week.

The biggest question is how much the new tablet will cost. With the Kindle Fire on sale at $199 (it ships November 15), there’s some pressure on B&N to come close to matching that price, though Amazon is allegedly losing money on each Fire it sells (our sources suggest the Fire currently costs around $220 to build). With that being the case, Barnes & Noble is more likely to come out with a faster, more powerful Nook Color that costs $249, though we wouldn’t be surprised to see it at $299.

At the same time, the company may leave the original the Nook Color on the market and price it at $199.

Read the full article at CNet.com.

So I picked up A DANCE WITH DRAGONS, and I regret …

… buying a physical copy. Really. I have the first four in hardcover so I wanted to keep the series in the same format until the end, but I think that decision was a mistake. After reading fifty or so ebooks over the past year, I’ve gotten so used to the convenience of them that a physical book — especially a book as large and unwieldly as A Dance with Dragons — is not much fun to read.

I was trying to read it in bed last night, and it was, to be honest, a colossal pain in the ass. Especially toward the beginning (and I’ll have the same problem at the end), where the book is very lopsided when open, and hard to handle. I found it annoying enough to distract me a little from the reading experience. Not good. It’s my problem (the book itself is, as one would expect, beautiful), but still not good.

Yeah, yeah, I know, what a terrible thing to be complaining about. Cry me a river, yada yada. But I have apparently made the mental shift to ebooks more thoroughly than I’d thought.

New Nook hardware issues

In my review of the new Nook (which is unfortunately one of the posts that got blammoed when I had a site crash last week and which I haven’t yet recovered), I stated that I was a pretty big fan of Barnes & Noble’s new e-reader device. I still am, but I’m also having some hardware issues that are big enough to make me exchange mine today for another one.

For the past couple of days the touch screen has been buggy. It wouldn’t turn pages when it was supposed to. Most of the time it was acting “stuck”; in other words, it wouldn’t work for a few pages so I had to use the hard buttons to move ahead, but then it would correct itself and the screen would start working again.

Last night it got decidedly worse.

I was reading a really riveting scene in The Girl Who Kicked the Hornet’s Nest when it froze up again. Sometimes turning on the screen saver and then going back fixed the page turning, so I tried that.

Unfortunately, the entire touch screen died and didn’t come back.

This is a big problem with the Nook because the only way to unlock the screen saver and get back to your text is with the touchscreen. No touchee, no readee. So I was completely screwed. I fiddled with it for a couple of minutes before giving up in great disgust and going to bed.

This morning it was working again, but I’m not taking any chances. I’m going to exchange it today for a new one and hope this is an isolated incident and not a symptom of a broader problem with the touchscreens.

The new Barnes & Noble Nook

I think I want one. I love reading books on my iPad, but it really does suck for outside reading. I’m finding I’d really like a device I could take to the beach or pool, rather than having to cart around physical books.

The new Nook isn’t too expensive at $139 (though I would prefer something in the $99 range). I’m thinking I’ll ask for some B&N gift cards for Father’s Day and put them toward a purchase.

I’m not interested in the Nook color because I already have a tablet. I only want a dedicated ereader device that I can use outdoors.

And yes, I’m quite aware that I’ve said in the past that dedicated e-readers were going to go the way of the Dodo, and that I really dislike e-ink. Well, I still do dislike e-ink, and don’t see this taking over as my primary ereader, but I do see it having its uses (as I said, mostly for the beach or pool reading).

As far as them disappearing into the realm of extinct consumer devices like the 8-Track or HD-DVD, I still think it’s going to happen eventually. I did predict that dedicated, single-purpose ereaders were going to have to drastically drop their prices to remain viable, and that’s certainly happened. I also still think they’re going to either have to become completely commoditized, with pricing in the $20-$50 range at some point, or they’ll have to add features that make them more like full-fledged tablets (see the aforementioned Nook Color).

I’ve watched a few videos of the new Nook in action and they’ve made the page turning tolerable, though it’s still not nearly as elegant — or cool, or gimicky, whatever, pick your term — as the iPad’s page turning. But at least it’s at a level that I think I can live with.

Why this instead of the similarly priced Kindle? Mostly because I want a touchscreen, and prefer the uniform bezel size and not the clunky, 1980′s style keyboard jammed across the bottom of the thing that’s part of the Kindle experience. I’d bet some pretty large dollars that the next version of the Kindle does away with the physical keyboard altogether and goes purely touchscreen.

If/when I get one, I’ll report back on how I like it.

Amazon lowers the price of the Kindle, but there’s a catch — ads

But it’s neither too big of a catch (the ads don’t interrupt the reading experience), nor too big of a discount ($25 less than the currently least expensive Kindle).

So let’s look at this for a moment. It’s really not a bad deal. The ads are on the homepage and the screensaver, so instead of your favorite wallpaper when the Kindle goes idle, you’ll see a sponsor ad. Not an awful trade-off. No ads while you’re reading a book. So it’s not intrusive, and probably very easily ignored.

But the discount is only $25, bringing the price down to $115. That’s still really cheap, but I don’t think it’s cheap enough. I think Amazon should have gone for broke and priced it at $99, breaking the sub-$100 barrier. If nothing else, that would have a huge psychological impact in the market. Amazon’s all about gobbling up market share anyway. A $99 Kindle is better positioned to do that than a $115 Kindle.

The $99 (and lower) Kindle is definitely coming — it’s only a matter of when. I’m just surprised Amazon took this intermediate step rather than just going for broke and pricing this new ad-supported Kindle at $99 right from the start.

More info from TG Daily.

NYT: Kindle vs. iPad

Nothing terribly new here, but it is interesting to note Amazon’s continued refusal to release any sales numbers for its Kindle hardware.

ANALYSTS have wondered what profit margins Amazon makes on its Kindle hardware business. “It is difficult to say Amazon is making much money at its new device prices of $139,” writes Marianne Wolk, an analyst at the Susquehanna International Group, in a report to clients at the end of June.

I still think the days of dedicated ereaders are numbered. They may remain as niche products (and even then, only if the price continues to drop until it’s almost a throwaway item, in the $20 to $50 range), but mass market penetration is simply not going to happen.