Showing posts with label print-on-demand versus Kindle and ebook sales. Show all posts
Showing posts with label print-on-demand versus Kindle and ebook sales. Show all posts

Saturday, February 4, 2012

Does POD Still Have a Place in Self-Publishing?

In just a few short years the publishing industry has changed dramatically. So has self-publishing. The eBook is radically changed both industries. Technology, history has shown, simply has no feelings when it comes to people and the inevitable march forward shows no mercy it would seem.

I am fairly certain when Gutenberg began printing books with his press, particularly the Bible,  some people decried the certain loss of the beautiful books painstakingly produced by skilled and artistic scribes. Technology won that battle fairly quickly as evidenced by the quick spread through Europe of the printing press.

With Kindle sales in the millions this past Christmas and the Nook generating some much needed revenue for the struggling BandN, eBooks have been a boon to the industry, the reading public and the self-publishing author. So much so, some self-publishing authors are beginning to question if print versions of books, even using print-on-demand, still has a place in self-publishing.

For many self-published authors, print-on-demand was what allowed us to publish our books and at least have a chance of recouping the money invested, and if nothing else the joy of holding a copy of the finished book in hand.

But has POD print publishing become a form of vanity publishing? Joanna Penn takes an interesting look at the role POD and print books have in the life of self-published authors in a guest blog on Joel Friedlander's blog The Book Designer.

Ms. Penn argues print books are now vanity publications, but in a good sort of way. While I understand the point she is making, which primarily are for authors of fiction, I am not so sure POD paper books no longer have a role in the business of self-publishing for non-fiction authors.

The term "vanity publishing" used to refer to an author's work that was so poor the only way it would be published is if the author paid to have the book printed. These books were indeed often horrible and did little to help the reputation of any author who self-published. When legitimate author services companies began to crop up, most of whom used POD to print their clients books, these companies were often labeled as vanity publishers.

With the advent of Amazon allowing self-published authors to have access to customers, the POD business model, made popular by Aaron Shepard and Morris Rosenthal, helped many self-published authors be able to not only market and sell their books successfully, but to make money in the process.

Times change and so does business. The advent of the eReader has made a huge impact in the self-publishing industry. In my case, my Kindle sales outnumber my POD sales by a ratio of 200 to 1 as of last month! On the surface it would seem Ms. Penn is correct in her thinking the day of POD and print editions are over for self-published authors.

It is true I have not purchased a single print edition of a fiction book since receiving my Kindle. The same is not true for non-fiction books. While I do purchase non-fiction to read on my Kindle, I still purchase print books for research (I still want to be able to write in the book the old fashioned way and dog ear pages to find easily) or when I know the content will be image and graphic intensive.

In the case of my own non-fiction books, I will continue to publish my large, meaning 8.5 x 11 and 200+ page books in a POD print edition as well as a Kindle and Nook edition (even though my Nook sales have been laughable) precisely because my books are both image and graphic intensive. I also know my reader population and many of my potential readers will be slow to adapt to the new eReader technology. If I want to sell books to that segment of my potential market, I must continue to offer a print edition.

I should mention that while my Kindle sales went through the roof last month, I also had the best month ever in selling print editions. While the percentage of total sales was low, it was still lucrative and worth the time, effort and cost to have those titles available in POD print editions.

Will I change my approach to how I produce my new books in the future? Yes. I plan to offer a series of short, informative books, designed to introduce a topic and then promote my full length book at the end of the short version. These books will be text only and sell for .99 cents as Kindle shorts. These books will be targeted at potential readers who are just entering the market and are already technology oriented, not the older, more experienced potential readers.

Does POD still have a place in a self-publishing author's business plan? I think the real answer is "it depends." The author must know his or her potential readers and the quality of book the technology can support and still have the reading experience be enjoyable or informative in an easy to understand and use fashion. If I were in the fiction writing business, I would always release a Kindle version first and depending on sales and target audience follow up with a print version.

The real issue is not whether or not POD still has a place in the self-publisher's business model. It is being market savvy enough to know what the author's readers want and need from their reading experience and matching the book production to meet those wants and needs.

Tuesday, May 31, 2011

Print-on-Demand and Kindle Sales - A Comparison Revisited: Opportunity for Authors Who Self-Publish

Forbes magazine recently ran an article discussing the publishing industry's current attitude and misunderstanding of the ebook revolution in the publishing industry. The Publishing Maven posted a short blog post about this article.

Forbes states Amazon has for the first time sold more Kindle books than print books. Publisher's attitudes range from dismay to denial, claiming Amazon is simply making up the numbers. Perhaps buggy makers reacted the same way when automobiles first began to appear on the roads.

I think publishers are missing the point, and the opportunity, ebooks offer. One publisher complains there is less profit to be made in ebooks. For the publisher perhaps, but not for authors who self-publish directly and bypass the traditional publisher. Yes, the industry is changing but it does not mean publishing will no longer be profitable. It simply means the source of revenue is going to come from a different type of book, in this case digital instead of print.

Editors, designers and cover artists will still be necessary and might make a better living working as freelancers contracting directly with authors. Some of the big publishing houses will survive because they will adapt in time. Others will not. Self-publishing, I predict, will become more common and accepted in the publishing world. 

In my opinion, it is the move to self-publish and not the print-on-demand print model or ebooks driving the change in the publishing world. POD and ebooks are allowing authors to self-publish and make more money doing so. This, and not changes in technology, is what will lead to the demise of many of the traditional publishing houses.
In an earlier post I shared sales figures for the past few months of my print-on-demand paper books and Kindle sales. Today, even with a few hours left for books to sell, I totaled up my sales for the month of May. My books are seasonal to some extent in sales. Summer months are significantly slower. This May sales for print books dropped significantly from previous months but were still nearly double from a year ago in May of 2010 (note to self - you have got to find a way to get your customers to buy books year round!).

Kindle sales dropped this month as well but I still sold 63 Kindle books, only 4 fewer books than print books sold.

The one trend I have noticed since I introduced Kindle editions of several of my books is sales for ALL of my books have increased significantly, particularly the books available in both POD and Kindle editions. My best guess concerning this jump is Amazon must be combing the sales results for both versions, boosting each version higher in the search results.

My best selling Kindle book, The Game of Basketball, shows up first for an Amazon search for "basketball" and second for "coaching basketball." Game Strategy and Tactics for Basketball shows up third on Amazon for a search of coaching basketball. The Game of Basketball today was listed 7th in books and Game Strategy and Tactics for Basketball was listed 4th. 

Game Strategy and Tactics for Basketball is my best selling book in paperback and has sold well for two years. The introduction of the Kindle edition has not hurt sales of the print-on-demand edition and the past basketball season was the best yet for sales of this book. The Game of Basketball languished as a paperback with disappointing sales on Amazon. The introduction of the Kindle edition not only took off as a Kindle book, but seems to be driving sales of the paperback version as well.  The Game of Basketball has steadily climbed in Amazon paper book rankings and sales.

Perhaps what publishers resent is the opportunity for authors to self-publish and simply bypass the publishing houses. Publishers also seem to resent Amazon's role in all of this as well as the technology driving the changes.

People are still reading, and buying books, and this is a good thing. Technology and online retailers like Amazon are making it possible for authors to have direct access to distribution and customers, bypassing the old publishing gatekeepers. Books, editors, designers and authors are not going anywhere. Publishers might be going the way of buggy makers.