Erica Verrillo's Blog, page 105

April 12, 2013

What is Success? The Best-Seller's Numbers Game…

PictureNeal Pollack It’s not often you get to find out exactly how many books you have to sell before you can call yourself a “best-selling author.” Take a guess. Tens of thousands? Hundreds of thousands? Millions?

How about 10,000.

In a revealing interview on the A.V. club, best-selling author Neal Pollack not only gives us the inside skinny on his own numbers, but the inside skinny on what it means to be a “success.” Big publisher, six-figure advance, media hype?  It turns out it’s all relative.

This is what Pollack had to say about those mysterious numbers:

Neal Pollack Anthology Of American Literature: ”despite all the attention it was getting, sold maybe 10,000 copies.” 

Never Mind The Pollacks: “I’m almost embarrassed to say it, but I got a six-figure advance for Never Mind The Pollacks. Low, low, low six figures, but it was there … It is for a book that has sold, to this day, maybe 4,000 copies.” 

Alternadad “… got more publicity than two-dozen books combined. I was on Nightline, and they did a piece on my family life. That book was everywhere and did a ton of press. But, again, it sold only 10,000 copies.” 

JewBall (Pollack’s self-published book): “500 copies Kindle and paperback. Which is pretty normal for a self-published book … [Amazon's Thomas & Mercer imprint] republished it and quickly, very quickly, published it online and, a few months later, as a paperback. It sold 10,000-plus copies since they did that. And it’s never appeared, as far as I know, in a bookstore.”

Downward-Facing Death: “I wrote a yoga novel about that, again sold 10,000 copies. Ten thousand copies appears to be my threshold.”

If 10,000 copies is a measurement of success, then I can pat myself on the back. But, in spite of what you may hear, numbers aren't everything. Like Pollack, I’d like to see my book on a shelf somewhere, someday ... before I die.

Incidentally, I would also like to be proud of what was between the covers. And, if I were Neal Pollack, I would be.

In Allen Toussaint's immortal words:

"How does one decide
That the methods he's using,
They just don't jive
To truly believe and keep trying
Over and over again
Living in hopes,
That someday you'll be in with the winners
When should one change his mind
And jump the fence
For the dollar sign
It’s a sad thing, it's a bad thing
But so necessary
That this cold world forces
Your values to become monetary.
(It ain't necessary)"
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Published on April 12, 2013 14:34

April 8, 2013

The Slow Death of the American Author

PictureIt only hurts when I write... Yesterday, The New York Times published an op-ed piece by Authors Guild president, Scott Turow. If you've been wondering how Amazon's proposal to sell used ebooks will affect the slew of self- published authors, it isn't a pretty picture.

"The Slow Death of the American Author"

By SCOTT TUROW

Published: April 7, 2013, NYT Opinion

"Last month, the Supreme Court decided to allow the importation and resale of foreign editions of American works, which are often cheaper than domestic editions. Until now, courts have forbidden such activity as a violation of copyright. Not only does this ruling open the gates to a surge in cheap imports, but since they will be sold in a secondary market, authors won’t get royalties.

This may sound like a minor problem; authors already contend with an enormous domestic market for secondhand books. But it is the latest example of how the global electronic marketplace is rapidly depleting authors’ income streams. It seems almost every player — publishers, search engines, libraries, pirates and even some scholars — is vying for position at authors’ expense."

Read the rest HERE.
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Published on April 08, 2013 12:45

April 3, 2013

Top 5 Sites For Mystery/Thriller Writers

Picture First published on Blogging Authors as "Top Five Sites For Mystery/Thriller Writers."

One of the chief advantages of writing mysteries is that you can actually make a living at it. Usually, mysteries are published in series. Once you have established an engaging main character and a perfect setting (according to Bowker, Americans like their mysteries set in “the misty bogs of Scotland and London’s Trafalgar Square” – but New York or Rome will do in a pinch) you are in business forever. Because human beings are hunters at heart, there is an insatiable demand for whodunnits. Roughly 48% of those who purchased novels last year bought mysteries.

Whether you are just starting your career as a mystery writer, or have a book or two under your belt, these should be the top sites to put on your “favorites” list.

1) The Mystery Writers Forum
The Mystery Writers Forum is a little peculiar looking, but it is the most useful site I've found for researching a mystery or crime novel. Some of the goodies you will find on this site are: forensics (everything from fingerprints to poison to forensics to photography), handwriting analysis, law links to law libraries, journals and internet resources, organizations, police procedure, DNA analysis, print publishers, ebook publishers, short story publishers, writing resources, and a long list of review sites. You can even consult a cop (for a fee) if you want firsthand information from someone in the trenches.

Special feature: The “Find a Death” link will take you to a site listing the deaths of celebrities – always useful fodder for a crime novel. Sadly, the link to the Mafia home page is broken.

2) Stop You're Killing Me
This site lists over 4,100 authors, with chronological lists of their books (over 46,000 titles), both series (4,700+) and non-series, which you can search alphabetically or through specialized indexes: diversity, historical, genre, job, and location. The site also features a comprehensive list of mystery/thriller awards with archives going back to 1988. New hardcover, paperback, and audio book releases are listed by the month, which makes this is a great resource for researching your competition. Stop You’re Killing Me also hosts giveaways. This is a great place to have your book reviewed!

3) Sisters in Crime
What a fabulous organization! Sisters in Crime offers an enormous list of mystery websites. The resource section on the website includes a helpful book publishing glossary. Membership dues are a mere $40 annually for an author pursuing a career in mystery writing, a bookseller, a publisher, a librarian, an editor or anyone who has a business interest in promoting the purposes of Sisters in Crime, Inc. Membership includes:
inSinC, a quarterly 16-page newsletter
Sisters in Crime listserv, including special guests on "Mentor Mondays"
Regional chapters, including The Guppies, a support and critique group for unpublished writers
Website link to titles by Sisters in Crime authors via WorldCat, a global catalog of library collections
An institutional presence at national and regional book events, mystery conferences and festivals with opportunities for individual author participation and/or distribution of promotional materials
An ongoing mystery review project that monitors media coverage of female and male authors
Our blog written by board members and other distinguished SinC members
Our monthly "SinC Links"—a digest of "news you can use" about the mystery business
New Sisters in Crime interactive map to find SinC authors and their most recent titles
Discounts for Members in 2013 - Gotham Writing Workshops and Writers' Police Academy
Reports from SinC's annual publishers summit
Networking, mentoring, and fun

4) Blog Rank Top 50 Mystery Novels Blogs
If you want to locate the top 50 blogs for just about any genre, go straight to Blogrank. This service ranks blogs according to the number of unique visitors, RSS feeds, Alexa ranking, and monthly visitors, all of which is useful information if you are looking for a high-profile site to submit a guest post. Aside from offering venues to increase your visibility, these blogs offer valuable insights into the publishing world, the latest industry trends, and, of course, great tips from top mystery writers.

5) Mystery Writers of America
Mystery Writers of America is the leading association for professional crime writers in the United States. Founded in 1945, MWA presents the Edgar® Awards, widely acknowledged to be the most prestigious awards in the genre. 

Membership is open to professional writers in the crime/mystery/suspense field whose work has been published or produced in the U.S., and who reside in the U.S. (special memberships are offered to those living abroad); agents, attorneys, booksellers, editors, reviewers, librarians, journalists, and publicists. Dues for all categories of membership are $95.00 per year.

The MWA website features an extensive list of author newsletters, author blogs, and an extremely useful list of over 150 approved publishers (including periodicals and ezines).
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Published on April 03, 2013 09:15

April 1, 2013

Random House Opens Its Doors to Self-Publishers, Perhaps

Picture Article first published as Random House Opens Its Doors to Self-Published Authors, Perhaps on Blogcritics.

Vanity of vanities; all is vanity

With a few famous exceptions, self-publishing, aka “vanity” publishing, is the kiss of death for writers. For aspiring writers hoping to take a seat in the hallowed halls of authordom, launching a novel with a self-published imprimatur was almost like having a scarlet A stitched onto your bodice – as far as the major houses were concerned.

Then, along came Fifty Shades of Grey, originally published as an ebook by an obscure “virtual” publisher in Australia. Within a year, Amazon announced that it had sold more copies of Fifty Shades than Harry Potter. The publishing world was shaken. An ebook, fan fiction no less, had outsold the top-grossing series of all time. Random House, still smarting from having turned down J.K. Rowling, leapt to its metaphorical feet and did the unthinkable. It picked up a self-published ebook. This was a first for the world’s largest publisher, an opening of doors that had, up until now, been almost impossible to enter. It was hailed as a turnaround for the industry. But was it?

Random House’s sudden epiphany - “there’s gold in them thar hills!” - was followed by yet another Eureka moment. Anybody can sell electronic books! Random House immediately threw its hat into the ring, and started its own digital imprints: Alibi (mystery), Loveswept (romance), Flirt (for “New Adults,” whoever they are), and Hydra, a sci-fi imprint aptly named after a multi-headed reptile which was so poisonous even its tracks were deadly. Notwithstanding the ominous association with Greek monsters, Random House held out the biggest carrot of all time: Authors could submit their works, even those “previously published,” directly to Random House, thus bypassing the almost insurmountable hurdle of snaring an agent.

 Naturally, there was a catch – or two.

The first catch was that authors would have to bear the costs of publication. This is also true for self-published authors, though now those costs would be exclusively determined by Random House. The second was that instead of receiving the traditional advance against publication, there would be “profit sharing.” The publisher and author would split revenues 50/50. As it turns out, “profit sharing” is simply a rebranding of the Subsidiary Rights clause of the standard Random House contract, in which proceeds of electronic books, audiobooks, translations, etc. are divided equally between publisher and author.

In short, by removing up-front payments to the author, while simultaneously eliminating all of its own expenses, Random House was imitating a vanity press.  But, unlike vanity houses, they would take half of the profits. Random House was hoping nobody could add.

The Science Fiction and Fantasy Writers Association (SFWA) not only added, they subtracted their members. In a scathing letter sent to its members on March 6, the SFWA stated that it had “determined that works published by Random House’s electronic imprint Hydra cannot be used as credentials for SFWA membership, and that Hydra is not an approved market.”

The reason? “Hydra fails to pay authors an advance against royalties, as SFWA requires, and has contract terms that are onerous and unconscionable. Hydra contracts also require authors to pay – through deductions from royalties due the authors – for the normal costs of doing business that should be borne by the publisher.”

Needless to say, there are serious ramifications from being blacklisted by sci-fi’s largest and most influential writer’s association. Random House was compelled to make an immediate rebuttal.

“We read with interest your posts today about the new Random House digital imprints and our business model,” wrote Allison Dobson, V.P., Digital Publishing Director. “While we respect your position, you’ll not be surprised to learn that we strongly disagree with it, and wish you had contacted us before you published your posts.”

The opening of this letter precisely mimics the simulated regret that politically correct parents employ when punishing their wayward children: We like you, but we don’t like what you did.

Sci-fi wrists duly slapped, Allison now proceeded to the spin, “with a profit-share model … the author and publisher share equally in the profits from each and every sale. In effect, we partner with the author for each book.” Allison describes this partnership as “an all-encompassing collaboration.”

(Translation: We are on your side. We’re really your friends.)

Addressing costs, Allison says, “These costs could be much higher--and certainly be more stressful and labor-intensive to undertake--for an author with a self-publishing model. Profits are generated once those costs are subtracted from the sales revenue. Hydra and the author split those profits equally from the very first sale.”  

(Translation: You’re too young to handle this. Leave everything to us. We know what’s best for you.)

As a disciplinary device, this letter was nothing short of brilliant. It hit every aspiring author’s weak spots in a way that nobody could resist. But Random House has had plenty of practice at this game. These tactics are the stock-in-trade of publishing houses: shining promises, followed by intimidating jargon, followed by incomprehensible terms.

SFWA did not recant, and Random House was forced to comply with the usual standards of print publication. Authors submitting work to Random House’s electronic imprints are now offered a choice of the advance against royalties model, with a royalty of 25 percent of net receipts, and the publisher “will cover production, shipping, and marketing for all formats at 100 percent of cost.”

The day has been won by organized labor, but in reality nothing has changed. Authors still provide the raw materials (for a small percentage), and publishers provide the finished goods for the bulk of the profit. Whether it takes on a new guise, sports a new brand, or appears to adopt a new format, The thing that hath been, it is that which shall be; and that which is done is that which shall be done: and there is no new thing under the sun.

Get the details :

http://www.publishersweekly.com/pw/by-topic/digital/content-and-e-books/article/56244-rh-responds-to-sfwa-slamming-its-hydra-imprint.html

http://www.atrandom.com/eoriginals/index.php (New RH Imprints)

http://www.blogger.com/comment.g?blogID=17222280&postID=6545427618418573673&page=1&token=1364342448331 (Writer Beware blog)

http://www.digitalbookworld.com/2013/sci-fi-and-fantasy-writers-group-condemns-random-house-hydra-digital-imprint/

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Published on April 01, 2013 07:40

March 29, 2013

Biggered again!

Picture Shortly after reading the news that Amazon had purchased Goodreads on Publishers Weekly this morning, I received this message from the Authors Guild. Need I say more?

Turow on Amazon/Goodreads: This is how modern monopolies can be built

By Scott Turow

Author's Guild Blog Post 3/29/2013

Amazon’s garden walls are about to grow much higher. In a truly devastating act of vertical integration, Amazon is buying Goodreads, its only sizable competitor for reader reviews and a site known for the depth and breadth of its users’ book recommendations. Recommendations from like-minded readers appear to be the Holy Grail of online book marketing. By combining Goodreads’ recommendation database with Amazon’s own vast databases of readers’ purchase histories, Amazon’s control of online bookselling approaches the insurmountable.

“Amazon’s acquisition of Goodreads is a textbook example of how modern Internet monopolies can be built,” said Scott Turow, Authors Guild president. “The key is to eliminate or absorb competitors before they pose a serious threat. With its 16 million subscribers, Goodreads could easily have become a competing on-line bookseller, or played a role in directing buyers to a site other than Amazon. Instead, Amazon has scuttled that potential and also squelched what was fast becoming the go-to venue for on-line reviews, attracting far more attention than Amazon for those seeking independent assessment and discussion of books. As those in advertising have long known, the key to driving sales is controlling information.”

One example should make it clear how formidable this combination is. For “Animals Make Us Human” by Temple Grandin and Catherine Johnson, Amazon has 123 customer reviews, and B&N has about 40 (they report 150, but that figure includes ratings as well as reviews). Goodreads swamps these figures, with 469 reviews and 2,266 ratings for the book.

As an independent platform, Goodreads, with its 16 million members, posed a serious competitive threat to Amazon. No more.
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Published on March 29, 2013 12:51

March 25, 2013

Precycling: A Great Way to Get the Most Mileage Out of Your Blogs

Picture If you are new to the blogging scene, you probably don’t have a lot of followers (yet). For aspiring authors, this is a calamity. There you are, pouring your heart and soul into your posts, and nobody is reading them! How will anybody know that you are a gifted writer if your blog is languishing, unhonored and unsung, in cyberspace?

The standard advice to unsung bloggers is to guest post, preferably on a high-profile blog that gets a lot of daily traffic. While this is a good way to build visibility, it can often take months before your blog is posted. (The more popular the blog, the longer the wait.)

A more traditional approach to increasing your visibility is write for ezines (online magazines). Again, this is a time-consuming process. First you have to pitch your idea, then have it approved, and then wait for a slot. For those who need to build a platform now, all that waiting, often followed by the inevitable heartbreak of rejection, can be a strain. A third option is to precycle. 

Let’s say you have written an informative, humorous, moving or any well-written piece that simply screams, "People need to read this!"  In order to get these gems the immediate attention they deserve, you can post them on sites that get a lot of traffic, but don’t involve a long wait. It seems almost too good to be true. 

The only catch is that all of these sites require that your work be 1) original (it is, it is!), and 2) that you post on their site first (it boosts their SEO to have first shot at original pieces). Because these sites are concerned about the quality of submissions, they will want to see examples of your writing before approving you. (This is easy if you’ve been devoting yourself to your writing.) After a short wait, you are good to go.

Where you precycle depends a lot on what you write. Some sites cater to people with a literary bent, others to the contemporary scene, and still others to more practical information and advice. If you do a Google search on “article submission websites” you will find lots of places to precycle.

In the meantime, here are some suggestions:

1) Blogcritics. "A sinister cabal of superior writers."
Everybody who’s anybody reads Blogcritics. (It’s got a global Alexa ranking of 23,796, which is quite good.) The audience tends to be young, so Blogcritics is far and away the best place to post reviews of anything contemporary (music, books, articles, TV shows, movies, culture, politics). But do not despair if you are an old codger. You can post other pieces as well. I’ve posted everything from medical articles to opinion pieces without a hitch. (Take a look at their “features” to get an idea of the range of topics.) The best thing about Blogcritics is that they syndicate their articles. That means your post could end up in an online newspaper. Perhaps in Seattle. Make sure to read their guidelines carefully.

2. Buzzle. "Intelligent life on the web." 
For all you fiction and poetry writers, Buzzle is a gift from heaven. Like Blogcritics, Buzzle appeals to a young audience, but unlike other high-ranking article sites, they welcome fiction and poetry. (Poetry!) Their audience is predominantly female. Buzzle does not allow URL links in their posts.

3. ArticlesBase
This is a high-quality free article site that prefers informative “evergreen” articles. An evergreen article is one that stands the test of time. You can read it a year from now, and it will still be relevant. The reason for their preference is that ArticlesBase, like many other free article services, is a resource for journals and ezines that need an article fast and don’t want to pay for it. Once you submit your article it could appear anywhere. You won’t get paid, but you will get exposure. No anchors or URLs are allowed.

4. BloggingAuthors. "A place where readers and writers meet." 
If you have published something, you can write for BloggingAuthors. In their words, “BloggingAuthors.com is dedicated to helping authors of all genres, including mystery, business, legal thrillers, relationships, non-fiction, spirituality, religion, health, book promotion, and literary fiction.” Though they claim to get 1000 views a day, their Alexa ranking is abysmal. The reason you may want to post here is 1) they include a bio and a backlink to your website and blog, and 2) they tweet. Whenever they post an article it gets tweeted to 7,000 followers. BloggingAuthors is distributed through a weekly mailer.

More Resources:

50 Free Article Submissions Websites

List of top 50 Article Directories by Traffic and Pagerank

Free article tracker

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Published on March 25, 2013 08:51

March 22, 2013

6 Sites Where You Can Get Fabulous Free Photos

Whether you are blogging, writing articles, or designing a cover for your book, there is nothing that attracts readers more than a fetching image. Eye-catching images not only draw the reader’s attention, they establish a mood, set a tone, and express what you can’t say in words. A great image will also inspire a reader to linger, and to want to learn more about you and what you have written.

Fortunately, finding beautiful images has never been easier – or cheaper. You can, of course, purchase stock photos from any number of services. However, if you are on a limited budget, you can now get great photos for free. These are some of my favorite sites for finding fantastic free images.
Picture 1. Morguefile
Morguefile is my first stop when I am hunting for a photo. The quality is excellent, and you don’t need to jump through hoops to download. No registration is required. You are allowed to copy, distribute, transmit and adapt images. Attribution is not required. Like most other sources for free photos, Morguefile prohibits use of any photo in a stand alone manner. However, unlike other sites, you are free to use photos for commercial purposes (e.g. the cover of your book).
Picture Spilled Milk by Alecsandro Andrade de Melo 2. Stock.xchnge
Stock.xchnge, owned by Getty, has an enormous selection of good quality photos – 398,876 photos as of this morning.  You can use all of their images for non-commercial purposes, but be sure to check the “restrictions” tab if you plan on using an image for a book cover or on anything else that you sell. Stock.xchnge also hosts a blog, tutorials and other perks for photographers. Be careful when searching! The top line of photos (and they are always gorgeous) are not free. 
Picture © Jamie Wilson | Dreamstime Stock Photos 3. Dreamstime
Dreamstime has over 790,000 images. It’s a little harder to search than either Morguefile or Stock.xchnge, and registration is required. But once you figure out how to use this site, there are riches to be had. Attribution and a link back is required. The maximum number of copies allowed for free images is 10,000.
Picture 4. Kozzi
Kozzi offers over 100,000 free photographs. Compared to Dreamstime, it’s easy to navigate. You have to register to use the site, but registration is free.  One advantage of this site is that there are  various size options for photographs. Commercial usage is allowed! (Check their FAQs.)
Picture 5. Free Range Stock
Freerange has an eclectic mix of photos, from abstract paint spatters to squirrels. They post their newest photos on the first page, which makes for an interesting introduction to the site. You can search by category, and by most popular and newest. You must register to download. Commercial use is not allowed. Freerange shares revenue from ads on its site with photographers who submit their photos, which is a nice gesture. Picture Alien Worlds by micromoth 6. RGB Free Stock Photos
All images on RGB Stock Photos are free for personal and commercial use. (The terms of use for commercial purposes are that you only need to contact the artist for written permission.) Some of these photos are truly captivating. RGB also ranks its photographers, so you can search images by the most popular artists.

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Published on March 22, 2013 09:04

March 16, 2013

A simple way to sell more books ...

Picture "What makes someone decide to read a particular book? Do people read on their cell phones? Is there really a "walled garden" or do people shop around for e-books? And how many readers actually want books in serial format?" Goodreads has answers to all of these questions.

At the recent ‘Tools of Change’ publishing conference in New York, Goodreads CEO Otis Chandler revealed a remarkably simple, effortless way for authors to sell more eBooks on Amazon… or in fact anywhere eBooks are sold online.

In a survey of Goodreads’ 15 million strong membership, he found that the main driver of eBook purchases was, unsurprisingly, ‘referral by a friend’. But when a follow-up question was put to readers, another powerful sales strategy for authors emerged.

They were asked: “What do you want to do when you get to the end of a book?”

The telling response was this: 83% wanted to see what else the author had written.

The question is, how do you get readers to find your other work?

(The answer is so obvious, you're going to want to kick yourself.)

Go HERE for the answer - Jonathan Gunson's blog, "Goodreads CEO Reveals A Remarkably Easy Way To Sell More Books."

More information:
Read Otis Chandler's fascinating report on what makes people want to read a book, where they do it, and how.
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Published on March 16, 2013 13:40

March 13, 2013

Rising in the Ranks: Amazon Sales Rank … What Does It Mean, and Why Should You Care?

Picture If you have recently published a book, you naturally want to keep tabs on how it is selling. Publishing houses will, of course, send you yearly or, for the larger houses, biannual royalty statements. That's a long wait for an impatient author. If you need instant gratification, your only real up-to-date source of information is Amazon. This is not only because Amazon is the only seller that will update your sales hourly – or daily, depending on the number of sales – it's because Amazon ranks its books. If you have aspirations of becoming a bestselling author, you will find yourself glued to your Amazon page within minutes of publication.

Amazon's ranking system has been the source of much speculation over the years. The ranking is not only based on the number of books sold by the day (or hour), but also takes into account how your book fares against other books in the same category, which Amazon calculates based on a secret algorithm which only clairvoyants, psychics, and 33rd degree Masons have access to. (It is not for "simple folk" to understand the ways of Amazon, which makes them all the more intriguing.)

If you do a Google search on “Amazon ranking” you will find pages of articles written by frantic, OCD rankaholics who have tracked their sales hourly, compared them to their ranking, and graphed them. Dream on! Only those who have enrolled in KDP Select – an Amazon promotional program designed to kill Barnes & Noble once and for all – can actually track sales against ranking. And even those chosen few are not privy to the Ultimate Truth. Ranking changes hourly, but sales reporting may lag by a day.

We can never truly perceive reality...

State Your Name, Rank and Title

But you can get close to it. NovelRank is a free website that allows authors to track their ranking on Amazon.com (US), Amazon.co.uk (England), Amazon.ca (Canada), and Amazon.de (Germany). You can also check a box to include Amazon.fr (France), Amazon.it (Italy), Amazon.co.jp (Japan), Amazon.cn (China) and Amazon.es (Spain). (NovelRank warns you that checking the box may clutter your details page, but, hey, if Pandora didn't care, neither do we!)

And that's not all! You can get RSS feeds to get updates when a book is sold and to view your hourly sales rank. Now you can be obsessed everywhere! You can get graphs!

How to Quantify a Bestseller

In the end, all this watching and waiting pays off! If you never, ever take your eyes off your sales rank, you may become a bestselling author. That's when you have hit pay dirt. StoryFinds knows exactly, uh, almost exactly, how many book sales it takes to enter the ranks of bestsellers. (I have personally checked this chart against my own sales and found it to be accurate.) Here it is:

Bestsellers Rank 40,000 to 100,000 - selling close to 1 book a day.

Bestsellers Rank 8,500 to 40,000 - selling 1 to 10 books a day.

Bestsellers Rank 3,000 to 8,500 - selling 10 to 20 books a day.

Bestsellers Rank 1,500 to 3,000 - selling 20 to 40 books a day.

Bestsellers Rank 1,100 to 1,500 - selling 40 to 50 books a day.

Bestsellers Rank 900 to 1,100 – selling 50 to 65 books a day.

Bestsellers Rank 750 to 900 - selling 65 to 85 books a day.

Bestsellers Rank 350 to 750 - selling 85 to 175 books a day.

Bestsellers Rank 200 to 350 - selling 175 to 250 books a day.

Bestsellers Rank 100 to 200 - selling 250 to 300 books a day.

Bestsellers Rank 80 to 100 – selling 300 to 400 books a day.

Bestsellers Rank 70 to 80 – selling 400 to 500 books a day.

Bestsellers Rank 50 to 70 - selling 500 to 650 books a day.

Bestseller Rank of 45 to 50 - selling 650 to 700 books a day.

Bestseller Rank of 30 to 45 - selling 700 to 900 books a day.

Bestseller Rank of 20 to 30 – selling 900 to 1,300 books a day.

Bestseller Rank of 10 to 20 – selling 1,300 to 1,800 books a day.

Bestseller Rank of 3 to 8 - selling about 4,000+ books a day!

Becoming a Bestselling Author on Amazon

If you've looked at your rank and are now depressed because you're not even close to a bestseller, don't despair. Becoming a bestselling author is surprisingly easy. If you join KDP Select and – this is crucial, so pay attention – promote the heck out your book's free days, you can turn your book into a bestseller within a day. Amazon counts free downloads as sales (you won't get royalties, however, because your book is free). When I got 6,000+ downloads in a 24-hour period, my book got the coveted yellow bar. That's an indication of how many you would need, more or less, to get to #1.

Once your book has risen to the rank of bestseller, it will appear on various lists (“top 100,” “top 20”), in relevant categories, which will increase its exposure. There is a caveat, however. Your book won't stay in #1 position for long. But you can use even a brief sojourn in the #1 spot to market yourself as a bestselling author on Amazon when you promote your work. (Make sure to take a screen shot!) Once you've hit the mark (it only takes once), you will almost certainly continue to rise in the ranks.

(If you want to know more about how I made the #1 spot, read Anatomy of An Amazon Bestseller.)
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Published on March 13, 2013 06:39

March 10, 2013

How Amazon Killed Barnes & Noble, and Why We Don't Care

Picture"I have many skills ..." First published on Blogcritics as "How Amazon Killed Barnes & Noble, and Why We Don't Care."

The year was 2010. Stephen Riggio, then CEO of Barnes & Noble, heralded the company's entry into the epublishing world. In a breathless announcement, Riggio euphorically proclaimed that Barnes & Noble would top the 18% mark in e-books "overnight." Not to be outdone by his own enthusiasm, Riggio predicted that Barnes & Noble would earn better margins from e-books than print books. Its booksellers would become, in his words, "e-bookevangelists."

Beware of all enterprises that require new jargon.

Today, even as I write, Barnes & Noble is crashing and burning. According to CNET, the company's earnings slumped an astonishing 63 percent, from $150 million last year to $55.5 million this year. The culprit? Nook.

Over the last quarter, Barnes & Noble watched in horror as Nook sales, their e-book division, plummeted 26%, with losses of over $190 million. It was like watching Icarus fall out of the sky. Stephen Riggio's dream of “overnight” success was so far off the mark, one had to wonder if he was high when he made his announcement two years ago.

Riggio wasn't high. In fact, Nook is a great e-book reader. Anyone who has worked with Nook's .epub files can tell you they are infinitely better than the cumbersome .mobi files used by Amazon's Kindle. Epub files produce a nice, cleanly formatted page that looks just like a book. Mobi files look just like a mess. But, as every entrepreneur knows, better products do not necessarily lead to better sales. So, where did Barnes & Noble go wrong?

Where B&N went wrong

Barnes & Noble had a better product, a better reputation, and a farther reach than anyone else in the book selling business. The problem was that Riggio misjudged – very badly – how to handle the burgeoning business of self-publishing.

With the advent of epublishing, writers who could never hope to see their books in print could get their work to readers without the time-consuming, and usually fruitless, task of trying to snare an agent, followed by the even more frustraing job of trying to hook a publisher. With epublishing, writers could simply upload a file, set a price, and voila! Instant publication. What's more they could do it anywhere, any time. No deadlines, no delays. An equal draw was that writers who epublished could completely control their work. With the elimination of pesky editors who demanded “show don't tell” and required the proper use of apostrophes, everything that went on or between an e-book's cybercovers was entirely up to the writer. To add icing to the cake, writers who epublished got to keep 70-80% of their royalties. Compared to the measly 10% (and that was on a good day) meted out by print publishing houses, it was a no-brainer.

According to Bowker, there were 211,269 self-published titles released in 2012, up from 133,036 in 2010. This surge in self-publishing, owing in large part to e-books, represents not just people “living the dream,” but an enormous business opportunity for anyone with the ability to turn other people's dreams into their hard cash. Barnes & Noble, with its gentlemanly rules of conduct and brick-and-mortar mentality, simply had no concept of how to corner the market. Amazon did.

The coup de grâce - Amazon's KDP Select

Amazon has always enjoyed the top rank in online sales. If you want to buy a book, any book, chances are you'll find it on Amazon. The “beauty part” is that, unlike brick-and-mortar stores, Amazon has minimal stocking requirements. Anybody can sell a book. Amazon merely takes a percentage.

So, when e-books came along, Amazon was already familiar with the rules. Writers could put their e-books up for sale much as they did their used print books. Amazon would take a percentage, and, additionally, provide delivery. Barnes & Noble did the same thing, but the difference – and this is crucial – was that if you enrolled in Amazon's KDP (Kindle Direct Publishing) Select program, you got to give your book away. The catch: You couldn't put your book up for sale on any other site for a (renewable) 90-day period.

Writers quickly discovered that giving an e-book away for free was the fastest, cheapest, and easiest way to build a readership. For the popular genre writers, such as romance and mystery/crime, it was a dream come true. Books in popular genres could rack up 20,000 to 30,000 downloads in a single weekend. Numbers like those would not only be considered a wild success in the print publishing world, they would be virtually impossible. Publishers rarely promote first-time authors.

Cottage industries have sprung up around the KDP Select phenomenon. Numerous websites will not only post which Kindle books are free on any given day, but will review them, and even send daily free titles to your inbox. There is no denying the appeal of getting something for nothing.

For writers, and for Amazon, it is a win-win situation, because free days are fantastic promotional tools. Invariably, free days lead to increased sales. And for those writers who simply must hold their precious darlings in their hands, Amazon also provides print-on-demand. Amazon’s CreateSpace took first place in the self-publishing world last year with 57,602 new titles. Amazon is happy. Writers are happy. Customers are happy. Everybody is happy.

Except Barnes & Noble. Which is dead.
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Published on March 10, 2013 11:58