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15 minutes
“… pricing
DRM,
self-publishing,
enhanced ebooks,
… and more.”
About Kobo
Top 5 ebook retailer 2.3 million titles 4.8 million customers Kobo eReader Touch iPad, iPhone, Android, Blackberry
eBooks to 200 countries Acquiring content in 25 countries Merchandising in 9 countries ( US, UK, Canada, Australia, New Zealand, Hong Kong, Germany, France, Spain)
 
“ What are a few things that would be helpful to know  if you were  not  a big publisher?”
author
agent
independent publisher
 
the challenge:
Not  distribution
Not  “shelf space”
Not  piracy
awareness
discovery
Can people find my ebooks?
Do they know what they’re looking for?
How badly do they want them?
Self-Publishing
5-7% of unit sales
As big as: McGraw Hill or Wiley
now big business
expand the definition of “publisher”
don’t think of themselves as “self-publishers”
think of themselves as “publishers”
So do we.
Greatest source of innovation on pricing, direct marketing
Highly motivated
70% royalty helps…
Pricing
Three battlegrounds in pricing
$9.99  to $14.99 What is the ebook price for new bestsellers?
$4.99  to $9.99 What should second-format trade titles and original paperbacks cost?
$0.99  to $3.99 What is the opening price for  low awareness  titles?
The most interesting
Awareness & discovery
What will people pay  for a book/author  they have never heard of before?
What is the value of high risk ebooks?
$0.99 $2.99 $2.99
$2.99 $2.99 $0.99
$2.99 $2.99 $0.99
DRM
Most publishers require DRM
99.999% of our books sell with DRM
Maybe 20%  need  DRM.
Top pirated DVDs:  looks like a Netflix bestseller chart
Top pirated ebooks:  looks like a socially awkward 18 year old’s bedroom floor,  not  the NYT Bestseller List.
“ If your print book is regularly shoplifted from 7-11, you should worry about piracy.”  – Michael Tamblyn
Awareness & discovery
“ Obscurity is a far greater threat to artists and creative artists than piracy.”  – Tim O’Reilly
If you thought your titles were hard to find in legitimate ebook retailers, how about this?
Most consumers don’t care about DRM.
Enhanced & Illustrated
Most enhanced ebooks don’t move the needle.
No one is purposefully writing enhanced ebooks… …yet.
Why illustrated?
iPads now Tablets coming
>25% of print book purchasing is illustrated
 
metadata
 
 
descriptions “about the author” links from you to us
In an algorithm-based world, you are the author, publisher, and bookseller.
 

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Insights from an eBookseller: Pricing, DRM, self-publishing, enhanced ebooks, and more

Hinweis der Redaktion

  1. We have 15 minutes together, which is not very long in the grand scheme of things. And we have a lot to talk about. I was given very detailed instructions by Mr. Shatzkin. I’ve been asked to talk about (#)
  2. All of those are small, easy subjects, so I figure we’ll take 10 minutes for those, and leave 5 minutes for a few questions at the end.
  3. All of those are small, easy subjects, so I figure we’ll take 10 minutes for those, and leave 5 minutes for a few questions at the end.
  4. All of those are small, easy subjects, so I figure we’ll take 10 minutes for those, and leave 5 minutes for a few questions at the end.
  5. All of those are small, easy subjects, so I figure we’ll take 10 minutes for those, and leave 5 minutes for a few questions at the end.
  6. To figure out what to do with this 10 minutes, I took this approach:
  7. What would you need to know if you were (#)
  8. And what’s interesting about so many of these is that the answers to most of them are rooted in these ideas:
  9. And I make a distinction between the two that is very important here today. Awareness is “do I know about your book enough to want it.” Discovery is “When I am looking for something, does your book show up?”
  10. And with that in mind, let’s get started.
  11. What would you need to know if you were (#)
  12. And with that in mind, let’s get started.
  13. And with that in mind, let’s get started.
  14. And with that in mind, let’s get started.
  15. What would you need to know if you were (#)
  16. JA Konrath
  17. Amanda Hocking And a ton more besides.
  18. Amanda Hocking And a ton more besides.
  19. What would you need to know if you were (#)
  20. spinning racks, grocery stores
  21. Not to say that they shouldn’t. But they don’t. If the experience is seamless, if books transfer to devices easily, if they don’t feel major constraints in how they buy,
  22. What would you need to know if you were (#)
  23. Not to say that they shouldn’t. But they don’t. If the experience is seamless, if books transfer to devices easily, if they don’t feel major constraints in how they buy,
  24. Not to say that they shouldn’t. But they don’t. If the experience is seamless, if books transfer to devices easily, if they don’t feel major constraints in how they buy,
  25. Not to say that they shouldn’t. But they don’t. If the experience is seamless, if books transfer to devices easily, if they don’t feel major constraints in how they buy,
  26. Not to say that they shouldn’t. But they don’t. If the experience is seamless, if books transfer to devices easily, if they don’t feel major constraints in how they buy,
  27. Not to say that they shouldn’t. But they don’t. If the experience is seamless, if books transfer to devices easily, if they don’t feel major constraints in how they buy,