Simplify Your Author Life With Lean Book Publishing. Lean Book Publishing is a trend that allows authors to publish books smarter. Save time, money and resources and make readers more happy!
3. Every year more than 2 million new books get published worldwide.
Source: Wikipedia 2013
http://en.wikipedia.org/wiki/Books_published_per_country_per_year
4. However the average book gets sold/read no more than 250 times.
Source: Huffington Post 2012
http://www.huffingtonpost.com/bj-gallagher/book-publishing_b_1394159.html
5. This results in: -> Unhappy authors -> Wasted resources -> Lost knowledge
Source: Lean Book Publishing
http://www.leanbookpublishing.com
6. To solve this problem:
-> It is time for the creation of a new way of book publishing…
…which focusses on publishing books that readers want.
7. Our solution is Lean Book Publishing
A new way of book publishing that focusses on:
Publishing books that readers want/like/buy/read
8. Thereby we aim for:
-> Making both authors and readers more happy
-> And improving the efficiency, quality and satisfaction of the book publishing industry in general
9. That is the core of Lean Book Publishing:
-> Publishing what readers like
-> Thereby improving reader and author satisfaction
10. What Lean Book Publishing wants to achieve: 1) Raising the total market share of book sales by 10%* till 2020 -> as a result of amazing books
* Total U.S. book market $27.12 billion in 2012, Source: BookStats via Paid Content – Laura Hazard Owen: http://paidcontent.org/2013/05/15/ebooks-made-up-20-of-the-u-s-consumer-book-industry-in-2012-up-from-15-in-2011/
11. What Lean Book Publishing wants to achieve:
2) Raising average book reader satisfaction by 25%* till 2020
-> as a result of amazing books
* A survey estimating current reader satisfaction rates is currently in the works
Source: www.leanbookpublishing.com
12. What Lean Book Publishing wants to achieve:
3) Educating self published authors so that the differences in sales* decrease by 25%** till 2020
*Differences in sales numbers between self-published and traditionally published authors
** UK Sales market share of self-published books only 2% in 2012, Source: Bowker Market Research via The Guardian: http://www.theguardian.com/books/2013/jun/11/self-published-ebooks-20-per-cent-genre
33. Every year more than 2 million new books get published worldwide.
Source: Wikipedia 2013
http://en.wikipedia.org/wiki/Books_published_per_country_per_year
34. However the average book gets sold/read no more than 250 times.
Source: Huffington Post 2012
http://www.huffingtonpost.com/bj-gallagher/book-publishing_b_1394159.html
35. This results in: -> Unhappy authors
-> Wasted resources
Source: Lean Book Publishing
http://www.leanbookpublishing.com
36. FACT IS: -> Successful book publishing is hard
-> And that it is time for a new way of book publishing
37. Our solution is Lean Book Publishing
A new way of book publishing that focusses on:
Publishing books that readers want/like/buy/read
38. Thereby we aim for:
-> Making both authors and readers more happy
-> And improving the efficiency, quality and satisfaction of the book publishing industry in general
39. That is the core of Lean Book Publishing: -> Publishing what readers like -> Thereby improving reader and author satisfaction
40. What Lean Book Publishing wants to achieve: 1) Raising the total market share of book sales by 10%* till 2020 -> as a result of amazing books
* Total U.S. book market $27.12 billion in 2012, Source: BookStats via Paid Content – Laura Hazard Owen: http://paidcontent.org/2013/05/15/ebooks-made-up-20-of-the-u-s-consumer-book-industry-in-2012-up-from-15-in-2011/
41. What Lean Book Publishing wants to achieve:
2) Raising average book reader satisfaction by 25%* till 2020
-> as a result of amazing books
* A survey estimating current reader satisfaction rates is currently in the works
Source: www.leanbookpublishing.com
42. What Lean Book Publishing wants to achieve:
3) Educating self published authors so that the differences in sales* decrease by 25%** till 2020
*Differences in sales numbers between self-published and traditionally published authors
** UK Sales market share of self-published books only 2% in 2012, Source: Bowker Market Research via The Guardian: http://www.theguardian.com/books/2013/jun/11/self-published-ebooks-20-per-cent-genre
44. 80% of all self published books
sell less than 100 copies in total
Source: Laura Howard refering to Amazon Inc
http://laurahoward78.blogspot.co.at/2012/09/five-secrets-to-successful-self.html
45. More than 80% of all books are self published* -> however they only make up 2% in sales in most countries (U.K. in 2012)**
* Source: Estimate: LBP 2013 www.leanbookpublishing.com | Source: Wikipedia 2009 (76% in 2009): http://en.wikipedia.org/wiki/Self-publishing **Source: The Guardian: http://www.theguardian.com/books/2013/jun/11/self-published-ebooks-20-per-cent-genre
46. Ebooks made up 20% of the U.S. consumer book industry in 2012
* Total U.S. book market $27.12 billion in 2012, Source: BookStats via Paid Content – Laura Hazard Owen: http://paidcontent.org/2013/05/15/ebooks-made-up-20-of-the-u-s-consumer-book-industry-in-2012-up-from-15-in-2011/
50. Creating Minimum Viable Book Products help you to strip your book product to its core and to test success probabilities at different book lifecylce stages at low cost.
51. Ideally you are using between 5 and 20 MVBPs throughout your book lifecycle.
Each MVBP is a minimum version of the bigger product you are trying to create or testing at certain stages.
52. MVBP(s) throughout book lifecycles:
1)First book idea 2) First marketing idea 3) Proposal 4) First pages 5) First Cover 6) Marketing strategy 7) Chapters 8) Manuscript 9) Cover/Layout 10) Final Book
53. With MVBPs you are testing:
-> weather a thing will work or not
-> what kind of improvements you need -> if it makes sense to go further or not
-> what your market really wants -> where to invest / what to skip
54. 1) First book idea: Your book in one sentence „A book about a girl who wants to draw her life on one sheet of paper.“ 2) First marketing idea: Your hot marketing idea „A contest where readers can win a prize for their own drawing.“ 3) Proposal: Your mini business plan* Contains all esential elements of your book project – Shows you if on track Read more here: http://michaelhyatt.com/writing-a-winning-book-proposal
55. 4) First pages: Your first 3-20 pages Used to ask readers if they are interested in reading more or not 5) First cover: Your inital book cover idea This should be a draft presenting the inital idea to get first feedback 6) Marketing strategy: Your core marketing Ideally you only need to focus on 1-3 things to get traction (simplify) 7) Chapters: Important chapters Used to ask readers for their feedback and to enlarge your audience
56. 8) Manuscript: Your book manuscript Your finished book - ready for feedback and further improvements 9) Cover/Layout: Your book cover & layout Used to test weathe your book cover and layout are working 10) „Final“ book: Your finished book Your „final“ book + Your „final“ book marketing
57. Why using MVBPs?
-> being in the know early saves time and money
-> getting early feedback improves „final“ results -> thinking top-down sharpens your saw
-> reducing waste helps to focus
-> constant learning creates better books
-> drastically increase your success probability
59. 1)Your book publishing team
2)Your strangers council
3) Analytics (Services)
4)Feedback (Services)
5)YOU – Ask the magic question
60. 1) Your book publishing team
Engaging with a close group of advisors right from the start is a critical success factor in LBP.
Ideally your team consists of 2-5 experts in the field of book publishing and book marketing.
-> Get expert advice early!
61. 2) Your strangers council
In the end your book will be judged by strangers.
Be brave and seek feedback from strangers as soon as possible. Getting harsh feedback in the beginning is better than in the end.
-> Seek feedback from strangers early!
62. 3) Use Analytics (Services)
Use analytics to measure your progress/success. -> If less than 100 contacts – measure manually -> If more than 100 contacts – measure automatically
- Measuring web behaviour -> Google Analytics / Surveys / Interviews - Measuring book sales -> Booktrakr / Amazon / Sales Data - Measuring feedback -> Excel Charts / Get Satisfaction / Email - Measuring progress -> Excel Charts / Goal Setting / Follower Growth
Try to measure only 1-3 highly important factors –> Skip the rest. -> Measure manually -> Listen
63. 4) Use Feedback (Services)
Getting feedback is one of the most critical elements of Lean Book Publishing. Use simple services such as email, phone, chat, talk whenever possible. Online services where you can present your book (to strangers) are your website, Amazon, Smashwords, Leanpub, Kickstarter or Bookslush.
-> Get feedback whenever possible -> Learn.
64. 5) YOU – Ask the magic question
Ask yourself constantly the magic question:
Would I?
Would I buy this book/love this cover/do XY, etc.
-> If you don‘t think your book is hot -> Then you are in trouble in 99% of cases.
66. Do I create and test MVBPs?
Do I measure my success?
Do I have a book publishing team?
Do I ask strangers for feedback?
Do I learn from failure?
Do I constantly get and process feedback?
Do I constantly try to reduce waste?
Do I ask the magic question -> Would I?
If YES -> good | If NO -> change/go back to the start!
68. ABOUT THE AUTHOR
Albert Griesmayr is founder and CEO of Scribando, where he helps writers to stay up-to-date on how to succeed in the fast changing world of book publishing.
Scribando was participant of Go Silicon Valley 2013 and is used by more than 10,000 writers. Visit www.scribando.com and www.albertgriesmayr.com.