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An Introduction to
Ebook Publishing
September, 2013
Mark Coker
Founder, Smashwords

Twitter: @markcoker
Notes for the Slideshare edition of this
presentation
This is the companion deck to a Smashwords video workshop
available on YouTube
Here are links to each video in this 5-part series:
#1 - An Introduction to Ebook Publishing (a primer and e-publishing checklist)
http://www.youtube.com/watch?v=khM4czIJUVM
#2 - The Secrets to Ebook Publishing Success (best practices secrets for reaching more readers)
http://www.youtube.com/watch?v=Jnd7jYcjqm8
#3 - Smashwords Survey Helps Authors Sell More Books (pricing strategy and fun metrics)
http://www.youtube.com/watch?v=2rrl4NExo3Y
#4 - 10 Trends Driving the Future of Authorship (indie authors are the future of publishing!)
http://www.youtube.com/watch?v=NbT7r-DUa6M
#5 - How to Reach More Readers at Apple iBooks (merchandising secrets to grow sales!)
http://www.youtube.com/watch?v=xKwwcL_FS_c
The complete video collection is at http://www.youtube.com/user/smashwords

View more Smashwords presentations on Slideshare at
http://www.slideshare.net/Smashwords/presentations
About this video
• What you’ll learn
• How to produce, publish, price, distribute
and sell an ebook
• 5 trends that will transform the future of
authorship

• Who this video is for
• Writers, aspiring authors, published authors
• No technical experience required!
My Backstory
This is me
This is my lovely wife
Publishers Said “No”

• Despite great efforts of our
agent, every major NY
publisher said NO (TWICE!)
I evaluated our options

1. The rational option
 Admit failure, assume fetal position

1. The irrational option
 Believe in ourselves
 Mortgage the house and try to fix the
problem
My Answer: Smashwords

• * FREE * eBook Publishing Platform
 Free ebook printing press
 Distribution to major ebook retailers and
libraries
 Free learning materials help writers
become professional publishers
Ebooks published at Smashwords
250,000+

September 2013

250,000
191,000

200,000
150,000

92,000

100,000
50,000

28,800

140 6,000

0

2008 2009 2010 2011 2012 2013
How Smashwords Works
• UPLOAD
• Word .doc or .epub
• Instant, free ebook conversion
• Instantly for sale

• DISTRIBUTE
• Distribution to retailers and
libraries

• GET PAID
• Author earns 60-80% list
5 TRENDS THAT WILL TRANSFORM THE
FUTURE OF AUTHORSHIP
TREND ONE:
Reading Moving to Screens
Screens are the new paper
Ebooks as a percentage of US
wholesale trade market
30
25
20
15
10
5
0
2002

2004

2006

2008

2010

2012

Source: Association of American Publishers, publishers.org. 2012 Smashwords estimate
Ebooks to overtake print
Print books
Ebooks

Print books
Ebooks

Dollars

Units
Why ebooks are hot
•

Many readers prefer reading words on
screens
•
Changeable font size

•

A

B

C

D

Ebooks offer better book-buying experience
•

Lower cost than print

•

Convenient sampling and purchasing

•

Huge selection
TREND TWO
Democratization of Publishing
In the Past, Publishers Controlled
Everything
• They controlled the …
• printing press
• distribution
• knowledge to professionally publish
Today, Authors Have Free Access
to the Tools
• Authors have …
• FREE ebook printing press
• Democratized ebook distribution
• Access to the knowledge of professional
publishing best practices
Publishers losing their monopoly

• Writers no longer need publishers to
publish, distribute and sell
• Writers asking two questions:
1. “What can a publisher do for me that I can’t
do for myself?”
2. “Will a publisher actually harm my ability to
reach readers?”
TREND THREE
Self-published authors hitting all
the bestseller lists
Indies are hitting the bestseller
lists
•

Self-published ebooks scaling all the
bestseller lists

•

Retailers giving indies seat at merchandising
table
Prediction

Within 3 years, most NY Times
bestselling ebooks will be from selfpublished authors

- September 2013 by Mark Coker
Advantages of Indie Authorship
• Indie ebook author advantages
• faster time to market
• creative control
• better distribution to global market
• immortal ebooks never go out of print
• lower expenses
• lower prices to consumers
• earn more per book
QUADRUPLE +
Indie Ebook Authors Earn Higher
Percentage of List Price

Indie

60-80%
•

Traditional

12-17%

Indies earn more at lower prices
•

At $2.99, indies earn ~$2.00. Traditional author
would have to price over $10 to earn $2.00

•

Lower price = reach more readers = more sales at
higher profits per sale

•

Traditionally published ebook authors at
disadvantage with high prices, low royalties
TREND FOUR
The Previous Stigma of SelfPublishing is Disappearing
Self publishing was once seen as the option of
last resort for writers.

Now it’s increasingly viewed as the option of first
choice.
Stigmas to reverse
Aspire
Traditional

Aspire
Indie

Aspire
Indie

5 yrs ago Today?

Future?

Aspire
Traditional
TREND FIVE
Ebooks are going global
The Global Ebook Opportunity

•

Countries outside the US are entering the
exponential growth phase of their ebook
markets

•

Ebook retailers going global
•

•

Apple iBooks (51 countries), Amazon (~13), Kobo
(14+), B&N (US, U.K.+)

~45% of Smashwords/iBooks sales global
Let’s learn how to publish and distribute
an ebook!
Checklist for Publishing an Ebook
 Finish a super-awesome book
 Format the book prior to conversion
 Prepare cover image
 Prepare the metadata
 Ebook conversion to multiple formats
 Pricing
 ISBNs
 Copyright
 Distribution to retailers, libraries
 Piracy
 Marketing
Finish Your Super-Awesome Book
• Ebook publishing tools make
publishing fast, free and easy …
• … but they don’t make it easy to write
a great book
• You (the author) are the publisher
•

Edit, revise, edit, revise

•

Involve beta readers (then revise again)

•

Hire professional editor if necessary
Ebook Formatting
Formatting is the layout and design
process to prepare your book for
publication
Formatting for Smashwords

It’s

300,000+
downloads!

FRE
E!
Formatting Secrets
• Forget (some of) what you know
• Don’t try to make e- look like p• Ebooks consumed differently than print
• Design for reflowability, small screens
• Less = more with ebooks
Reflowability: Ebook devices
(and customers) shape shift text
Example of Smashwords novel, All Good
Things Die in L.A. by Anhoni Patel

•
•

User-selected options: Font: Verdana;
Background pattern: Stone carving; text
color: Dark Violet; Font size: larger than
normal
Cover Image
Create Your Ebook Cover
• Covers are important
• First impression
• Covers are both marketing and content
• Make it:
 engaging, matched to target audience
 professional
 good as thumbnail
 good as B&W, greyscale
DIY Cover, or Hire Professional?
• Unless you’re an expert graphic
designer or cover designer, it’s best to
hire
• Email list@smashwords.com for low cost
cover designers and formatters
• It’s inexpensive: $50-$150 (Mark’s list) or
under $300 elsewhere (still cheap!)
Most of us design terrible covers

As an experiment, I tried to create a cover. It
was an embarrassment!
So I Hired a Pro for $45.00

Send email to:
list@smashwords.com
for “Mark’s List”
What’s this book about?
Covers should make a promise
Here’s another promise
Here’s another promise
And now a case study…
The evolution of one cover
Look what happened when the
author went from this cover
… to this cover…
The cover sparked a breakout at
Apple
And landed her on the NY Times Bestseller
List
Metadata
Metadata is information about
your book
• Metadata enables
• Discovery
• Sales reporting
• Author payments

• Some metadata you or your publisher
will create
• Some is auto-generated
Metadata is data that makes your
book discoverable in a store
Price
Book title
Book category
Language
ISBN

Author name
Book description
Tags
Publication date
Ebook Conversion
Conversion = Turning your formatted
manuscript into an ebook file readable on
multiple ebook reading devices
E-reading Devices
Ebook Conversion Options
Conversion Options

1. Automated

(Smashwords, Amazon)

2. DIY conversion tools

(Calibre, Sigil, Adobe InDesign)

3. Hire ebook formatter/
designer/coder
(Complex books)
Pricing
Pricing
• Determine objective
• Platform building, sales, or both?

• If you publish multiple books, cover
multiple price points to capture the
most readers
• FREE, $.99, $2.99, $3.99, $4.99+

• Non-fiction supports higher prices than
fiction
ISBN
What’s an ISBN?
• What it is:
• Unique digital identifier
• A 13-digit number
• Helps supply chain communicate about
book
• Required for Smashwords distribution to
Apple, Sony, Kobo, others

• What it is NOT:
• Does not connote ownership or copyright
• Does not imply “professional” or “real”
• Not a common discovery method
Where to Obtain an ISBN
• Go to Bowker.com
• Expensive unless you purchase blocks of
10+
• Lists you as “publisher” in Books in Print

• Go to Smashwords
• FREE ISBNs
Copyright
Copyright Simplified
• By publishing something you created,
you have copyright
• Copyright entitles you to an exclusive
bundle of rights

• The notation of

©

is optional

• For best legal protection, go to
Copyright.gov and register copyright
online
• Learn more at the Copyright Clearance
Center at www.copyright.com
Distribution to retailers
Ebook retailers want indie
ebooks
Maximize Availability, Avoid
Exclusivity
•

Ebook retailing is not like sports, religion or
politics

•

If your book is not available at every retailer,
it’s not discoverable or purchasable

• Exclusivity
• angers fans
• limits audience
• increases your dependence upon a
single sales outlet
Two options for getting your book
on a retailer’s virtual shelves
1. Use a Distributor (such as Smashwords)
•

Upload one file, reach many retailers

•

Centralized metadata management

•

Time-savings, consolidated payments and tax
reporting

•

Preorders to Apple, B&N, Kobo

1. Direct to Retailers
•

Format for each specific retailer

•

Upload to, and manage each retailer separately

•

Sony, Diesel, Flipkart, Libraries require distributor
Piracy
Everything you need to know
about piracy
• Don’t worry about piracy
• Obscurity is your biggest risk

• Black hat pirates who steal your book
wouldn’t have purchased it anyway
• Most piracy is accidental – it’s
enthusiastic fans marketing your book
for you
Irrational fear of piracy leads
leads to obscurity
• The only reliable method of piracy
prevention is to NEVER PUBLISH
• Anti-piracy measures such as DRM only
limit availability, accessibility and
enjoyment
• Combat piracy by making your book
easier to purchase than steal
• Low, fair price
• Broad distribution
Marketing
Marketing isn’t as important as
you think
• Marketing is a catalyst, not fuel
• Your book is your best marketing
•

Reader word of mouth determines your success

• Focus on discoverability and platform
building
• Viral catalysts amplify word of mouth
What’s a Viral Catalyst?
•

A viral catalyst is something that makes your
book more available, accessible, desirable
and enjoyable to readers

•

Read the Secrets to Ebook Publishing Success (it’s
FREE!) to learn how viral catalysts spur word-of-mouth
Viral Catalysts
• Every thing you do right increases
virality
Great cover
Great book
Broad distribution
Fair price
Good categorization
Professionally edited
Great formatting

Great title
Great book description
Great marketing
Social media enabled
Sampling enabled
Multiple formats
LUCK!

• Fall short anywhere and you create
unnecessary friction
The Plan Forward
The Publishing Industry is in Flux. These
changes will…

Benefit Indie Authors
Disadvantage Traditionally Published
Authors
YOU are the future of publishing
YOU have a right to publish
YOU are your own gatekeeper
YOU decide when your manuscript
graduates to published book
Honor your readers
Give them great books
(and do it faster with lower prices)
The task before you is not easy, yet…
The Opportunity to Reach Readers
Has Never Been Greater
Free Ebook Publishing Resources

•

NEW! Secrets to Ebook Publishing Success (best
practices of successful authors)

•

Smashwords Book Marketing Guide (how to market any
book)

•

Smashwords Style Guide (how to format an ebook)
Please share this video with a
friend!
Look for other Smashwords
videos coming soon!
Connect with Mark Coker and Smashwords:

Web: www.smashwords.com
Blog:

blog.smashwords.com

LinkedIn: linkedin.com/in/markcoker
Facebook: facebook.com/markcoker
HuffPo: huffingtonpost.com/mark-coker
Twitter: @markcoker

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Introduction to Ebook Publishing (Smashwords tutorial series, #1)

  • 1. An Introduction to Ebook Publishing September, 2013 Mark Coker Founder, Smashwords Twitter: @markcoker
  • 2. Notes for the Slideshare edition of this presentation This is the companion deck to a Smashwords video workshop available on YouTube Here are links to each video in this 5-part series: #1 - An Introduction to Ebook Publishing (a primer and e-publishing checklist) http://www.youtube.com/watch?v=khM4czIJUVM #2 - The Secrets to Ebook Publishing Success (best practices secrets for reaching more readers) http://www.youtube.com/watch?v=Jnd7jYcjqm8 #3 - Smashwords Survey Helps Authors Sell More Books (pricing strategy and fun metrics) http://www.youtube.com/watch?v=2rrl4NExo3Y #4 - 10 Trends Driving the Future of Authorship (indie authors are the future of publishing!) http://www.youtube.com/watch?v=NbT7r-DUa6M #5 - How to Reach More Readers at Apple iBooks (merchandising secrets to grow sales!) http://www.youtube.com/watch?v=xKwwcL_FS_c The complete video collection is at http://www.youtube.com/user/smashwords View more Smashwords presentations on Slideshare at http://www.slideshare.net/Smashwords/presentations
  • 3. About this video • What you’ll learn • How to produce, publish, price, distribute and sell an ebook • 5 trends that will transform the future of authorship • Who this video is for • Writers, aspiring authors, published authors • No technical experience required!
  • 6. This is my lovely wife
  • 7.
  • 8. Publishers Said “No” • Despite great efforts of our agent, every major NY publisher said NO (TWICE!)
  • 9. I evaluated our options 1. The rational option  Admit failure, assume fetal position 1. The irrational option  Believe in ourselves  Mortgage the house and try to fix the problem
  • 10. My Answer: Smashwords • * FREE * eBook Publishing Platform  Free ebook printing press  Distribution to major ebook retailers and libraries  Free learning materials help writers become professional publishers
  • 11. Ebooks published at Smashwords 250,000+ September 2013 250,000 191,000 200,000 150,000 92,000 100,000 50,000 28,800 140 6,000 0 2008 2009 2010 2011 2012 2013
  • 12. How Smashwords Works • UPLOAD • Word .doc or .epub • Instant, free ebook conversion • Instantly for sale • DISTRIBUTE • Distribution to retailers and libraries • GET PAID • Author earns 60-80% list
  • 13. 5 TRENDS THAT WILL TRANSFORM THE FUTURE OF AUTHORSHIP
  • 15. Screens are the new paper
  • 16. Ebooks as a percentage of US wholesale trade market 30 25 20 15 10 5 0 2002 2004 2006 2008 2010 2012 Source: Association of American Publishers, publishers.org. 2012 Smashwords estimate
  • 17. Ebooks to overtake print Print books Ebooks Print books Ebooks Dollars Units
  • 18. Why ebooks are hot • Many readers prefer reading words on screens • Changeable font size • A B C D Ebooks offer better book-buying experience • Lower cost than print • Convenient sampling and purchasing • Huge selection
  • 20. In the Past, Publishers Controlled Everything • They controlled the … • printing press • distribution • knowledge to professionally publish
  • 21. Today, Authors Have Free Access to the Tools • Authors have … • FREE ebook printing press • Democratized ebook distribution • Access to the knowledge of professional publishing best practices
  • 22. Publishers losing their monopoly • Writers no longer need publishers to publish, distribute and sell • Writers asking two questions: 1. “What can a publisher do for me that I can’t do for myself?” 2. “Will a publisher actually harm my ability to reach readers?”
  • 23. TREND THREE Self-published authors hitting all the bestseller lists
  • 24. Indies are hitting the bestseller lists • Self-published ebooks scaling all the bestseller lists • Retailers giving indies seat at merchandising table
  • 25. Prediction Within 3 years, most NY Times bestselling ebooks will be from selfpublished authors - September 2013 by Mark Coker
  • 26. Advantages of Indie Authorship • Indie ebook author advantages • faster time to market • creative control • better distribution to global market • immortal ebooks never go out of print • lower expenses • lower prices to consumers • earn more per book
  • 28. Indie Ebook Authors Earn Higher Percentage of List Price Indie 60-80% • Traditional 12-17% Indies earn more at lower prices • At $2.99, indies earn ~$2.00. Traditional author would have to price over $10 to earn $2.00 • Lower price = reach more readers = more sales at higher profits per sale • Traditionally published ebook authors at disadvantage with high prices, low royalties
  • 29. TREND FOUR The Previous Stigma of SelfPublishing is Disappearing
  • 30. Self publishing was once seen as the option of last resort for writers. Now it’s increasingly viewed as the option of first choice.
  • 31. Stigmas to reverse Aspire Traditional Aspire Indie Aspire Indie 5 yrs ago Today? Future? Aspire Traditional
  • 32. TREND FIVE Ebooks are going global
  • 33. The Global Ebook Opportunity • Countries outside the US are entering the exponential growth phase of their ebook markets • Ebook retailers going global • • Apple iBooks (51 countries), Amazon (~13), Kobo (14+), B&N (US, U.K.+) ~45% of Smashwords/iBooks sales global
  • 34. Let’s learn how to publish and distribute an ebook!
  • 35. Checklist for Publishing an Ebook  Finish a super-awesome book  Format the book prior to conversion  Prepare cover image  Prepare the metadata  Ebook conversion to multiple formats  Pricing  ISBNs  Copyright  Distribution to retailers, libraries  Piracy  Marketing
  • 36. Finish Your Super-Awesome Book • Ebook publishing tools make publishing fast, free and easy … • … but they don’t make it easy to write a great book • You (the author) are the publisher • Edit, revise, edit, revise • Involve beta readers (then revise again) • Hire professional editor if necessary
  • 38. Formatting is the layout and design process to prepare your book for publication
  • 40. Formatting Secrets • Forget (some of) what you know • Don’t try to make e- look like p• Ebooks consumed differently than print • Design for reflowability, small screens • Less = more with ebooks
  • 41. Reflowability: Ebook devices (and customers) shape shift text Example of Smashwords novel, All Good Things Die in L.A. by Anhoni Patel • • User-selected options: Font: Verdana; Background pattern: Stone carving; text color: Dark Violet; Font size: larger than normal
  • 43. Create Your Ebook Cover • Covers are important • First impression • Covers are both marketing and content • Make it:  engaging, matched to target audience  professional  good as thumbnail  good as B&W, greyscale
  • 44. DIY Cover, or Hire Professional? • Unless you’re an expert graphic designer or cover designer, it’s best to hire • Email list@smashwords.com for low cost cover designers and formatters • It’s inexpensive: $50-$150 (Mark’s list) or under $300 elsewhere (still cheap!)
  • 45. Most of us design terrible covers As an experiment, I tried to create a cover. It was an embarrassment!
  • 46. So I Hired a Pro for $45.00 Send email to: list@smashwords.com for “Mark’s List”
  • 48. Covers should make a promise
  • 51. And now a case study… The evolution of one cover
  • 52. Look what happened when the author went from this cover
  • 53. … to this cover…
  • 54. The cover sparked a breakout at Apple
  • 55. And landed her on the NY Times Bestseller List
  • 57. Metadata is information about your book • Metadata enables • Discovery • Sales reporting • Author payments • Some metadata you or your publisher will create • Some is auto-generated
  • 58. Metadata is data that makes your book discoverable in a store Price Book title Book category Language ISBN Author name Book description Tags Publication date
  • 60. Conversion = Turning your formatted manuscript into an ebook file readable on multiple ebook reading devices
  • 62. Ebook Conversion Options Conversion Options 1. Automated (Smashwords, Amazon) 2. DIY conversion tools (Calibre, Sigil, Adobe InDesign) 3. Hire ebook formatter/ designer/coder (Complex books)
  • 64. Pricing • Determine objective • Platform building, sales, or both? • If you publish multiple books, cover multiple price points to capture the most readers • FREE, $.99, $2.99, $3.99, $4.99+ • Non-fiction supports higher prices than fiction
  • 65. ISBN
  • 66. What’s an ISBN? • What it is: • Unique digital identifier • A 13-digit number • Helps supply chain communicate about book • Required for Smashwords distribution to Apple, Sony, Kobo, others • What it is NOT: • Does not connote ownership or copyright • Does not imply “professional” or “real” • Not a common discovery method
  • 67. Where to Obtain an ISBN • Go to Bowker.com • Expensive unless you purchase blocks of 10+ • Lists you as “publisher” in Books in Print • Go to Smashwords • FREE ISBNs
  • 69. Copyright Simplified • By publishing something you created, you have copyright • Copyright entitles you to an exclusive bundle of rights • The notation of © is optional • For best legal protection, go to Copyright.gov and register copyright online • Learn more at the Copyright Clearance Center at www.copyright.com
  • 71. Ebook retailers want indie ebooks
  • 72. Maximize Availability, Avoid Exclusivity • Ebook retailing is not like sports, religion or politics • If your book is not available at every retailer, it’s not discoverable or purchasable • Exclusivity • angers fans • limits audience • increases your dependence upon a single sales outlet
  • 73. Two options for getting your book on a retailer’s virtual shelves 1. Use a Distributor (such as Smashwords) • Upload one file, reach many retailers • Centralized metadata management • Time-savings, consolidated payments and tax reporting • Preorders to Apple, B&N, Kobo 1. Direct to Retailers • Format for each specific retailer • Upload to, and manage each retailer separately • Sony, Diesel, Flipkart, Libraries require distributor
  • 75. Everything you need to know about piracy • Don’t worry about piracy • Obscurity is your biggest risk • Black hat pirates who steal your book wouldn’t have purchased it anyway • Most piracy is accidental – it’s enthusiastic fans marketing your book for you
  • 76. Irrational fear of piracy leads leads to obscurity • The only reliable method of piracy prevention is to NEVER PUBLISH • Anti-piracy measures such as DRM only limit availability, accessibility and enjoyment • Combat piracy by making your book easier to purchase than steal • Low, fair price • Broad distribution
  • 78. Marketing isn’t as important as you think • Marketing is a catalyst, not fuel • Your book is your best marketing • Reader word of mouth determines your success • Focus on discoverability and platform building • Viral catalysts amplify word of mouth
  • 79. What’s a Viral Catalyst? • A viral catalyst is something that makes your book more available, accessible, desirable and enjoyable to readers • Read the Secrets to Ebook Publishing Success (it’s FREE!) to learn how viral catalysts spur word-of-mouth
  • 80. Viral Catalysts • Every thing you do right increases virality Great cover Great book Broad distribution Fair price Good categorization Professionally edited Great formatting Great title Great book description Great marketing Social media enabled Sampling enabled Multiple formats LUCK! • Fall short anywhere and you create unnecessary friction
  • 82. The Publishing Industry is in Flux. These changes will… Benefit Indie Authors Disadvantage Traditionally Published Authors
  • 83. YOU are the future of publishing
  • 84. YOU have a right to publish
  • 85. YOU are your own gatekeeper YOU decide when your manuscript graduates to published book
  • 86. Honor your readers Give them great books (and do it faster with lower prices)
  • 87. The task before you is not easy, yet…
  • 88. The Opportunity to Reach Readers Has Never Been Greater
  • 89. Free Ebook Publishing Resources • NEW! Secrets to Ebook Publishing Success (best practices of successful authors) • Smashwords Book Marketing Guide (how to market any book) • Smashwords Style Guide (how to format an ebook)
  • 90. Please share this video with a friend! Look for other Smashwords videos coming soon! Connect with Mark Coker and Smashwords: Web: www.smashwords.com Blog: blog.smashwords.com LinkedIn: linkedin.com/in/markcoker Facebook: facebook.com/markcoker HuffPo: huffingtonpost.com/mark-coker Twitter: @markcoker

Editor's Notes

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