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SPECIAL SLIDESHARE EDITION
Annual Smashwords Survey 2016
MONEY MONEY MONEY:
Facts & Figures for Financial Payoff
Las Vegas
April 14, 2016
Mark Coker
Founder, Smashwords
Twitter: @markcoker
Welcome to the Fifth Annual
Smashwords Survey
2016!
An RT Booklovers Exclusive
Notes Regarding this Special
Slideshare Edition
For each of the last five years, I’ve revealed our annual
Smashwords Survey at RT Booklovers.
For this special SlideShare Edition, I’ve added
supplemental text to capture additional context and
analysis I shared in the original live presentation.
If you find the findings useful, please share the
presentation with your writer friends on Facebook and
Twitter, or blog about it.
Slideshare has a cool embed feature that allows you to
place the presentation directly into your blog. I share this
annual study to help ALL writers – even writers that don’t
publish and distribute with Smashwords.
Enjoy!
~ Mark Coker, April 17 2016
Notes Part II
RT Booklovers is primary a conference for romance writers and
readers.
Romance also happens to be the best-selling genre in ebooks. I
met one reader who reads over 300 books per year.
Although you may find sections of this presentation romance-
heavy, it’s because I presented this to an audience of romance
authors, and because romance truly dominates ebook sales.
Romance authors have been at the forefront of the indie ebook
revolution. Writers in other genres have much to learn from the
romance authors. They’ve been the first to pioneer and adopt
best practices such as preorders and free series starters, and
they’re probably the most professionally organized with
organizations such as RWA and conferences such as RT
Booklovers.
There’s much opportunity to find great ideas and inspiration from
these smart authors! I know I do.
Last year’s study has been
viewed over 35,000 times
• Access the prior study at Slideshare
http://www.slideshare.net/Smashwords/2015-
smashwords-survey-how-to-sell-more-ebooks
GOAL:
Identify data-driven factors that can give
indie authors an incremental advantage in
the marketplace
In Search of Viral Catalysts
What’s a Viral Catalyst?
• Viral catalysts drive word of mouth - anything that
makes your book more accessible, discoverable,
desirable and enjoyable to readers
• Read the free Secrets to Ebook Publishing Success to
learn how viral catalysts spur word-of-mouth
Topics we’ll explore
• Where are writers excelling?
• What’s happening with
• Series
• Preorders
• Sweet spots for pricing: $2.99 and $3.99?
• Does FREE still work?
• Box sets
• Do longer books sell better?
• and more!
Data was aggregated from across the
Smashwords Distribution Network March
2015 – February 2016 from these sales
outlets:
? ? ?
We asked questions of the data
We looked at 12 months of sales data
(March 2015 – February 2016) for over
250,000 titles, aggregated across the
Smashwords distribution network,
representing over $20 million in actual
global customer purchases at retail
Some findings are useful, some not
The Smashwords Behind
Smashwords
(Where the data comes from)
15 years ago I met Lesleyann (now my wife), a former reporter
for Soap Opera Weekly magazine. We decided to write a novel
together that explores the wild and wacky world of daytime
television soap operas. It took us about three years to research,
write and edit.
Here’s the finished book. We shopped it to literary agents and
were lucky to get repped by one of the most respected NY
literary agencies. They were awesome, and for two years they
tried to sell it to major publishers.
2004-2005: Publishers Said “No”
For two years our agent got nothing but rejection. Though they
did receive one piece of valuable feedback: Publishers were
reluctant to acquire the book because previous novels targeting
soap opera fans had sold poorly. Soap books weren’t a hot
category.
My Epiphany
• Publishers unable to take a risk on
every author
• They can’t say YES to every writer
• Publishers judge books based on perceived
commercial merit
• Publishers guess what readers want to buy
• Dirty secret: They throw spaghetti against the wall
• Considering that most books flop, publishers can
really only guess at what readers want to read
I evaluated our options
1. The rational option
 Admit we weren’t good enough and
give up
1. The irrational option
 Believe in ourselves
Keep in mind our rejection came about 10 years ago, during the
dark ages of publishing when nearly 100% of sales were print
books, and publishers controlled the printing press and the all-
important access to retail stores. At the time, if a publisher said
no to writer, it essentially sealed the fate of the writer. You
were a “failed writer.”
I wondered…
Wouldn’t it be COOL if there was a
publisher that could say YES to every
author? This way, readers could decide
which books were worth reading.
MY CRAZY IDEA: What if there was a
technical solution to this problem? Maybe
digital books held the key? What if I could
develop a free ebook publishing platform
that would enable any writer, anywhere in
the world, to enjoy the freedom to self-
publish an ebook at no cost???
My solution: Smashwords
Launched in 2008
• FREE eBook Publishing Platform
 Free ebook publishing
 Free best practices knowledge - to help
writers publish like professionals
 Distribution to major ebook retailers and
libraries
Smashwords Distribution Network
Upload once, reach multiple outlets
* Limited distribution to AMAZON, see http://smashwords.com/distribution for instructions
How Smashwords Works
1. UPLOAD
• Upload a Microsoft Word file, formatted to
our Smashwords Style Guide
• Ready for immediate sale online
1. DISTRIBUTE
• Distribution to major retailers
1. GET PAID
• Author receives 85% of net, which equals
60% list at major retailers and up to 80%
list at the Smashwords Store
Ebooks published at Smashwords
LET’S GET STARTED
Numbers are
Dangerous
The hazards and opportunities of
data driven decision making
• Averages are only averages
• Big variances in a sample can skew data
• Median = midpoint of numbers in a range
when arranged from highest to lowest. Often
represents a more “typical” outcome.
• Your book is unique.
• Data cannot fully explain the multivariate
factors that drive readers to purchase one
book over another
• We try to identify opportunities for
incremental advantage
The Power
Curve
Navigating Data-speak (the
dangers of “average”)
Higher rank  Sales rank  Lower rank
LowerDollarsalesHigher
The Power Curve – Sales at Each
Sales Rank
Best practices yield incremental
advantage in sales rank, exponential
advantage in sales
For every well-implemented best practice, you’ll gain an
incremental advantage that moves your sales rank to the left.
With each incremental move to the left, you receive an
exponential increase in sales due to she shape of curve.
The Long Tail of Authordom
Here’s the power curve for the top 500 highest earning
Smashwords authors. Author #500 looks like they’re doing poorly,
but they’re actually doing quite well. The even bigger sellers on
the left create the shape of the curve. However, if you’re the
#10,000 best-selling author at Smashwords, you’re doing poorly.
The tail is long. Always make decisions that move you to the left.
Let’s dig in to
the survey
About the
Smashwords
Catalog
(source of these survey results)
Smashwords authors and
publishers come 175+ countries
Fiction Dominates
Top Fiction Categories
1. Romance
2. Erotica
3. Young adult or teen
4. Fantasy
5. Mystery & detective
6. Gay & lesbian fiction
7. Science fiction
8. Thriller & suspense
9. Historical
10.Literary
11.Adventure
12.African American
fiction
13.Womens fiction
14.Christian fiction
15.Children’s books
16.Anthologies
Smashwords Catalog is Fiction-
Heavy
• 89.5% of sales are fiction
• Romance (incl YA romance) is
~50% of sales (45% excluding)
• Erotica is 10% of sales
• Non-fiction 11% of sales
Top Non-Fiction Categories
1. Biography
2. Health, wellbeing, &
medicine
3. Self-improvement
4. Business & Economics
5. Religion and Spirituality
6. Relationships and Family
7. Sports & outdoor
recreation
8. Education and Study
Guides
 
9. New Age
10. History
11. Travel
12. Home and Garden
13. Sex and Relationships
14.Cooking, food, wine
15.Computers and Internet
16.Psychology
 
How different
categories
perform
Categories of Top 200
Bestsellers, ranked by category
share (YA Romance in YA)
Categories of Top 200
Bestsellers, ranked by category
share (YA Romance in Romance)
Romance #1 at Smashwords
retailers
Romance Dominates across
Smashwords network
• Romance titles account for
• 9 of top 10 bestsellers
• 78% of top 50 bestsellers
• 75% of top 100 (vs 87% 2015, 70% 2014)
• Why Romance Dominates
• Romance authors most professional, sophisticated,
experimental and organized
• Amazing relationships with amazing readers
At various points in the presentation, you’ll see me reference
prior years. Check out the prior years’ surveys at Slideshare to
do your own historical comparisons. It’s fun to see what
changes and what doesn’t over time.
Relative average earnings per
title by category
Let’s look at the top
romance categories
Top Selling Romance Categories
Based on Smashwords sales analysis of 30,000+ titles
1. Contemporary
2. Paranormal
3. YA Romance
4. Erotic
5. New Adult
6. Suspense
7. Historical
8. Adult
9. Fantasy
10.Sci-fi
11. Regency
12. Western
13. General
14. Action adventure
15. Time travel
16. Christian
17. African American
18. Short stories
19. Gothic
20. Clean & wholesome
In the next slide, I looked at every sale of a
romance title to see how the different
subcategories performed relative to one another.
Just because one category is larger than another
doesn’t mean that’s where you should be writing.
Write what you love, whether it’s Romance, sci-fi,
fantasy, mystery, horror or any of the myriad non-
fiction categories. There are a lot of readers even
in the smaller categories. There’s a lot of
opportunity to become the big fish in the smaller
ponds!
Mega view: All Romance
Categories, Ranked Performance
by Category
NEW: How do different romance
categories compare to one
another
• In the two slides that follow, I took a completely different
look at romance subcategories
• Analyzed 32,900 romance titles priced $.99 and up
• Aggregated sales per subcategory, then computed average
and median sales per title per subcategory
• Averaged the average and median yields to create
aggregated benchmark, then compared each subcategory’s
average and median yield to the appropriate aggregated
benchmark
• From here, calculated the percentage +/- divergence for each
category
• The “average” chart hints at where the biggest hits are found
• The “median” chart hints at where books typically outpeform
other subcategories. I think it might identify some under-
served categories!
Average Relative Performance,
yield per title per category
Median Relative Performance,
yield per title per category
In Romance, this might suggest sci-fi/fantasy/erotic and adult
subcategories are underserved?
Social Media
Impact on
Sales?
One of the opportunities of our Survey is to try to
identify the successful habits of the bestselling
authors.
Is there a correlation between an author’s social
media presence and their sales?
The next chart shows some insight.
As in our past surveys, it appears better-selling
authors are more likely to have a social media
presence.
Bestselling Authors More Likely
to Have Social Media Presence
There’s been a lot of buzz about box sets. Box
sets were big in 2014, but there’s been a little less
activity with them over the last 12 months.
I remain a big fan of box sets. As you’ll learn in
the slides that follow, there are different types of
box sets. To earn sales, do a single-author box
set. To grow your readership, do a multi-author
box set priced at FREE or $.99.
To learn more about box sets, check out my how-
to post at:
http://blog.smashwords.com/2014/08/how-to-do-
box-sets-at-smashwords-for.html
Box sets
Fun Facts: Box Sets
 NEW: In June, 2015, Smashwords introduced
a new metadata option to allow authors to tag
their books as box sets.
 Over 3,000 box sets at Smashwords
 Primary reasons authors do box sets:
 Single author value bundles
 Multi-author promotions
 Fund raising for charity
 #1 bestselling boxset at Smashwords is
 The ‘Burg Series by Kristen Ashley
 Priced at $17.95 and sports 1.2 million
words
Fun Facts II: Box Sets
 Among top 50 highest earning box sets:
 88% (44) are single author box sets, 12% multi-author
 Average price is $7.09
 Average word count is 328,000
 Among top 50 box sets with most unit sales:
 78% (39) are single author, 22% multi-author
 Average price is $3.75
 Average word count is 259,000
 Only 4 of top 100 bestselling titles were box
sets (2 single-author by Kristen Ashley and
R.L. Mathewson, two charity; ¾ romance)
The next set of box set slides indicate that even
though box sets generally underperform other
titles, box set participation appears to be one of
the successful habits of bestselling authors.
Better-selling authors are much more likely to be
doing single-author box sets and participating in
multi-author box sets.
In the next three slides, I look at the top 100
bestselling authors (arranged in sales rank bands
of 10), the top 1,000 and the top 10,000.
Remember, the #10,000 author is not doing well.
When looking for best practices, what the worst-
sellers are or aren’t doing is often as informative
as what the bestsellers are doing.
Bestsellers more likely to
participate in box sets
Box set participation among top
1,000 bestselling SW authors
Box set participation among top
10,000 bestsellers
Pricing
“Where should I price my book” is one of the most common
questions authors ask.
It’s an important question. Every time you sell a book, you
earn a reader and you earn royalty. While money is great, I’d
argue earning that reader is even more critical to your long
term success.
With smart pricing strategy, you can maximize both
readership and earnings.
The slides that follow are interesting on a number of levels.
For example, note that the patterns have not changed
radically over the years we’ve been tracking this. $2.99-
$3.99 appear to be the sweet for most indie authors where
you can maximize both downloads (readership) and dollars.
But note that many authors are finding success at higher
price points.
Q:
What price moves the most units?
A:
FREE!
DOWNLOAD DATA FROM SMASHWORDS
SALES AT iBooks
FREE
• FREE draws readership
• 41X more downloads on average
compared to priced titles (last 12 months)
• Was also 41X last year (interesting!), and 39X in
2014, but 100+ in years past
• Powerful platform builder
• Powerful sales catalyst for series or deep
backlists
NOTE: The charts that follow aggregate both fiction and non-
fiction sales. With about 90% of Smashwords sales
dominated by fiction, these charts are most representative of
fiction behavior.
However, at the higher price points you’ll gain hints to how
non-fiction performs at higher prices. In prior surveys we
found higher price points help NF authors earn more unit
sales in addition to higher earnings. See our 2014 and 2015
Surveys at
http://www.slideshare.net/smashwords/presentations
NF authors are usually best served at $7.99+, whereas fiction
authors are generally best served at $2.99 to $5.99
Also remember this data is based on averages. Your book is
unique and may not conform to averages. This is why price
experimentation is so important.
Most common price points,
excluding box sets
Which Price Points Get the Most
Downloads
(2015) Which Price Points Get the
Most Downloads
Note how 2016 pricing data is not radically different from 2015
Which Price Yields the Most
Earnings?
The bump at $9.99+ is mostly due to non-fiction which more typically
occupies higher price points (and sells better at higher prices)
Box set
Pricing
Now that we support enhanced metadata for box sets, for the
first time ever we’re able to look at how box sets perform at
different prices.
Some surprises here!
Note how box set behavior is radically different to single-
copy ebooks.
Most common pricing for box
sets
Box sets: Which Price Points Get
the Most Downloads
Box sets: Which Price Points
Yield the Most Earnings
Relation between
pricing and average
word counts
Box sets: Word counts for each
price band (fiction+nf)
Average word counts per price
band, excluding box sets
(fic + nf)
Average Word Count for Books in
Each Price Band
Does Length
Still Matter?
In prior Surveys, we found strong evidence that readers
prefer longer books. Longer books are much more likely to
be among our top sellers.
Possibly this is because if readers find an author or story
they love, more words equals more hours of reading pleasure.
As you look at these charts, especially the top 1,000 and
10,000, visually superimpose in your imagination the Power
Curve. The titles on the left sell exponentially more than on
the right. The titles on the left are much more likely to have
higher word counts.
This means, for example, if you have a great novel that’s
100,000 words, you probably should not break it into two
50,000-word books, or four 25,000-word novellas. You might
disadvantage the book.
One of our bestsellers, Kristen Ashley, often writes up to
200,000 words per book.
Average and median word counts
of top 100 bestsellers
Average and median word counts
for top 1,000 bestsellers
Average and median wordcounts
for top 10,000 bestsellers
Word Count for Top 10,000 (2015
Survey for comparison)
Q:
What’s the average word count for
the top 70 bestselling Smashwords
romance books?
2016 Survey
A:
122,037 words
= average word count of top 70 Smashwords romance for
2016 Smashwords Survey
Excluding box sets, the top 70 non-boxset bestsellers
average:
98,680 words
2015 Survey
A:
94,150 words
= average word count of top 70 Smashwords romance for
2014 Survey
A:
96,197 words
= average word count of top 70 Smashwords romance for
2012 Survey
A:
112,195 words
= average word count of top 60 Smashwords romance
Preorders
Smashwords Launched Preorder
Distribution July 2013
 Preorder distribution to iBooks, Barnes
& Noble and Kobo
 We promised a sales advantage. Did
we deliver?
Fun Facts: Preorders 2016
 Only 13.5% of books published during the survey period
were born as preorders. (9.8% in prior survey) BIG
implications here. Preorders remain the most
underutilized best practice.
 7 of top 10 bestsellers born as preorders (5 of 7
preorders were romance)
 On average, preorder books earned authors 6.7X what
non-preorder books earned (median earnings for
preorder was 2.8X non preorder books (3.5X last
survey)
 Of top 200 bestsellers, 55% (110) were born as
preorders (2015: 67%)
 Of top 200 preorders, 78% supplied by romance authors
(vs.82% 2015)
Preorder usage of top 100
bestsellers
Preorder usage of top 1,000
bestsellers
Preorder usage of top 10,000
bestsellers
Bottom line: Books born as preorder sell better. Release your next book
as a preorder, otherwise you’re leaving $$$ on the table
Series!!!
Smashwords Series Manager Tool
Gives New Insight about Series
Performance
 Launched September, 2013
 Enhanced discovery at retailers gives
Smashwords authors advantage
 15,000+ series at Smashwords
 We track series performance!
Fun Facts: Series 2016
 Of top 10 bestselling series:
 7 are romance
 4 are YA (of which three are romance)
 6 series did not have a new release during the survey!
 Of Top 100 bestselling series:
 Average 6.49 titles per series (median is 5)
 Added just under one new title to the series on average (.8
releases)
 62 series had new releases, 38 did not
 Average word count for all books within top 100 bestselling
series: 95,057
Power Curve of the top 100
bestselling series
Average price points within top
200 bestselling series
Most common series starter price
points, top 200 series
Q:
Do series writers get more action?
Series writing by top 100
bestselling authors
Bestselling authors more likely to
write series
Is there a connection between
author earnings and the # of
series published?
Most top 100 bestsellers are
series books
Most top 1,000 bestsellers are
series books
Among top 10,000 bestsellers,
the series advantage is clear
Q:
Do series with FREE series starters
earn more sales?
Free vs. Non-free series starters
• We looked at two categories of
bestselling series:
• The 100 highest-earning series that have free series
starters
• The 100 highest-earning series that have non-free
series starters
• Next, we totaled up the sales of each
group and calculated the average
earnings per title, and the median
earnings per title.
• We first did this in last year’s 2015
Survey
(2015 SW Survey)FREE Series
Starters Lead to 66% Boost in
Series Sales
FREE Series Starters Boost
Series (2016 Survey)
Free series starters among the
top 100 bestselling series
Free series starters among top
1,000 bestselling series
Free series starter usage among
10,000 bestselling series
Q:
Do series books earn more than
standalone books?
A:
Yes. Series books sell better.
Series books sell significantly
more than standalone
Summary of Key Takeaways
• Romance writers and readers dominate
• Climb the power curve by implementing no-brainer best
practices
• Series books sell better
• Longer books generally sell better
• Preorders remain huge untapped opportunity for most
authors
• $2.99 and $3.99 remain sweet spots for most indie
romance authors, but some authors finding success when
they migrate higher
• FREE remains powerful catalyst for readership-building
• Box sets generally not big moneymakers, but they have
ancillary strategic benefits
Remember
• Data-driven publishing decisions are
irrelevant without a great book
• Numbers provide hints at opportunities to
engage with more readers
• Dangerous to make decisions on a single metric
alone
• Your book is immortal
• Experiment and iterate until you get viral catalysts
just right. Then iterate some more.
• Read the Secrets to Ebook Publishing
Success for other viral catalysts
Appendix:
Free resources about
ebook publishing in the
slides that follow …
Learn to Publish Like a Pro with
These FREE Best Practice Guides
• Secrets to Ebook Publishing Success (best practices of
successful authors)
• Smashwords Book Marketing Guide (how to market any
book at no cost)
• Smashwords Style Guide (how to format and publish an
ebook)
Don’t Keep Knowledge a Secret!
For the last eight years I’ve shared the best practices knowledge
that helps writers publish with greater pride, professionalism and
success. I learn from our authors – I learn from you – and I share
it for everyone’s benefit. The secrets I teach are universal. The
knowledge – like Smashwords - is free and available to everyone.
One need not publish with Smashwords to benefit from this
information. I share this information because I believe a rising
tide lifts all boats. I want to help writers everywhere achieve
their dreams because dreams are important, and books are
important! Please share these resources with your friends.
As you peruse my free resources, please do your fellow writers a
favor and share what you learn. Blog it, Facebook it, Tweet it and
share hyperlinks to it across social media.
How to Publish Ebooks
• In 2005, I presented a four-module ebook publishing course at the
Pacific Northwest Writers Conference.
• View all the slides at http://bitly.com/howtopublishebooks or
http://blog.smashwords.com/2015/06/how-to-reach-more-readers-with-
ebook.html
• Modules include: 1. Introduction to Ebook Publishing. 2. Ebook
Publishing Best Practices. 3. Ebook Preorder Strategies. 4. iBooks
Merchandising Secrets.
Summary of Smashwords Tools
• Smashwords offers free tools to help
you publish with pride, professionalism
and success!
 Single upload – reach many retailers and
libraries
 Manage your book across multiple retailers
from your Smashwords Dashboard
 Advanced tools
 Preorders, including assetless (metadata-only)!
 Centralized metadata management
 Smashwords Coupon Manager for custom
promotions
 Daily sales reporting
Are you a Smashwords author or
publisher yet?
Over 115,000 indie authors and small independent presses use
Smashwords to publish and distribute ebooks!
If you found the Survey useful, we’d love to welcome you to
Smashwords.
By partnering with Smashwords for distribution, you are directly
supporting our ability to continue bringing you such great educational
resources including this annual Smashwords Survey.
To join Smashwords, click to
www.smashwords.com and click JOIN.
For more information, visit
https://www.smashwords.com/about/how
_to_publish_on_smashwords
Checklist for Publishing and
Distributing with Smashwords
1. Sign up for a free account at www.smashwords.com
The confirmation email will walk you through the next steps
2. Prepare your manuscript and cover image. The
Smashwords Style Guide will teach you how to
professionally format your book -
http://www.smashwords.com/books/view/52
3. If you want to hire a low-cost expert to format your
book or design your cover, check out Mark’s List at
http://smashwords.com/list
4. Upload your manuscript and cover to Smashwords for
distribution to major retailers.
5. Bonus points: Read the Smashwords FAQ to learn how
to get the most out of the Smashwords platform -
https://www.smashwords.com/about/supportfaq
Have you heard about assetless
(metadata-only) preorders?
• For two years running now, the Smashwords Survey
conclusively proved that books born as preorders sell
better.
• Smashwords is a leader in ebook preorders. We’ll get
your preorder listed at iBooks, Barnes & Noble and Kobo
• With assetless preorders, you can get your listing
established up to 12 months before you release your
book.
• Advance listings enable:
• More effective advance marketing
• Higher first-day sales rank at iBooks and Kobo
• Learn more at
www.smashwords.com/preorder
Smashwords YouTube Tutorials
• View nearly 10 hours of Smashwords video workshops at
http://youtube.com/user/Smashwords
• Smashwords video series:
• #1: Introduction to ebook publishing - https://www.youtube.com/watch?
v=khM4czIJUVM
• #2: Ebook publishing best practices: https://www.youtube.com/watch?
v=Jnd7jYcjqm8
• #3: 2013 Smashwords Survey: https://www.youtube.com/watch?
v=2rrl4NExo3Y
• #4: 10 Trends Driving the Future of Authorship:
https://www.youtube.com/watch?v=NbT7r-DUa6M
• #5: How to reach readers at iBooks, the #2 global ebook seller:
https://www.youtube.com/watch?v=xKwwcL_FS_c
• #6: How to add navigation to Smashwords ebooks:
https://www.youtube.com/watch?v=gpB9hmlgeU4
• Check back for new videos in the future!
What does it mean to be an “indie
author”?
• Indie means self-published
• You are your own publisher
• Indie authorship is a worldwide cultural movement
• In April, 2014, I published the Indie Author Manifesto at
http://blog.smashwords.com/2014/04/indie-author-
manifesto.html in which I described the ethos behind
the indie author movement.
• The manifesto explores the mindset, attitudes and aspirations of
indie authors
• The manifesto is not “Anti-publisher”
• Instead, it provides a roadmap by which indie authors and
publishers can work toward mutually aligned interests
• Infographic on next slide…
The Indie Author Manifesto
• Read the story behind the manifesto (and download a high-res
poster) at http://blog.smashwords.com/2014/04/indie-author-
manifesto.html or Google “indie author manifesto”
10 Reasons Indie Ebook Authors
will Capture 50% of the Ebook
Market by 2020
• In March 2014, I predicted indie ebook authors would capture
50% of the US ebook market by 2020
• Is my forecast too conservative? Maybe.
• Read the post at http://blog.smashwords.com/2014/03/sizing-self-publishing-
market-10.html or Google “ebook market by 2020”
• Includes a downloadable spreadsheet so you can create and publish your
own forecast
View other Smashwords
Presentations on Slideshare
• View more Smashwords presentations on Slideshare at
http://slideshare.net/presentations/smashwords
• Here are some notable presentations
• How to Publish Ebooks (a collection a four-module training course mentioned on prior
slide): http://blog.smashwords.com/2015/07/how-to-publish-ebooks-ebook-
publishing.html
• Ebook Publishing in the Classroom (Includes a primer of ebook self-publishing and
also best practices): http://www.slideshare.net/Smashwords/ebook-publishing-in-the-
classroom
• How public libraries can launch community publishing initiatives:
http://www.slideshare.net/Smashwords/how-libraries-can-launch-community-
publishing-initiatives-with-selfpublished-ebooks-33409020
• 2014 Smashwords Survey - http://www.slideshare.net/Smashwords/2014-smashwords-
survey-how-to-sell-more-ebooks?
• 2013 Smashwords Survey - http://www.slideshare.net/Smashwords/new-smashwords-
survey-helps-authors-sell-more-ebooks
• 2012 Smashwords Survey - http://www.slideshare.net/Smashwords/how-data-driven-
decisionhow-datadriven-decisions-might-help-authors-reach-more-readers
Connect with Mark Coker
Twitter: @markcoker
Blog: blog.smashwords.com (subscribe via email
and never miss another post)
LinkedIn: https://www.linkedin.com/in/markcoker
Facebook: facebook.com/markcoker
Web: www.smashwords.com
HuffPost: huffingtonpost.com/mark-coker
Thanks for your time!
Connect with Mark Coker:
Twitter: @markcoker
Facebook: facebook.com/markcoker
Web: www.smashwords.com
Blog: blog.smashwords.com (subscribe
via email)
HuffPost: huffingtonpost.com/mark-coker

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2016 Smashwords Survey - How to sell more books

  • 1. SPECIAL SLIDESHARE EDITION Annual Smashwords Survey 2016 MONEY MONEY MONEY: Facts & Figures for Financial Payoff Las Vegas April 14, 2016 Mark Coker Founder, Smashwords Twitter: @markcoker
  • 2. Welcome to the Fifth Annual Smashwords Survey 2016! An RT Booklovers Exclusive
  • 3. Notes Regarding this Special Slideshare Edition For each of the last five years, I’ve revealed our annual Smashwords Survey at RT Booklovers. For this special SlideShare Edition, I’ve added supplemental text to capture additional context and analysis I shared in the original live presentation. If you find the findings useful, please share the presentation with your writer friends on Facebook and Twitter, or blog about it. Slideshare has a cool embed feature that allows you to place the presentation directly into your blog. I share this annual study to help ALL writers – even writers that don’t publish and distribute with Smashwords. Enjoy! ~ Mark Coker, April 17 2016
  • 4. Notes Part II RT Booklovers is primary a conference for romance writers and readers. Romance also happens to be the best-selling genre in ebooks. I met one reader who reads over 300 books per year. Although you may find sections of this presentation romance- heavy, it’s because I presented this to an audience of romance authors, and because romance truly dominates ebook sales. Romance authors have been at the forefront of the indie ebook revolution. Writers in other genres have much to learn from the romance authors. They’ve been the first to pioneer and adopt best practices such as preorders and free series starters, and they’re probably the most professionally organized with organizations such as RWA and conferences such as RT Booklovers. There’s much opportunity to find great ideas and inspiration from these smart authors! I know I do.
  • 5. Last year’s study has been viewed over 35,000 times • Access the prior study at Slideshare http://www.slideshare.net/Smashwords/2015- smashwords-survey-how-to-sell-more-ebooks
  • 6. GOAL: Identify data-driven factors that can give indie authors an incremental advantage in the marketplace
  • 7. In Search of Viral Catalysts
  • 8. What’s a Viral Catalyst? • Viral catalysts drive word of mouth - anything that makes your book more accessible, discoverable, desirable and enjoyable to readers • Read the free Secrets to Ebook Publishing Success to learn how viral catalysts spur word-of-mouth
  • 9. Topics we’ll explore • Where are writers excelling? • What’s happening with • Series • Preorders • Sweet spots for pricing: $2.99 and $3.99? • Does FREE still work? • Box sets • Do longer books sell better? • and more!
  • 10. Data was aggregated from across the Smashwords Distribution Network March 2015 – February 2016 from these sales outlets:
  • 11. ? ? ? We asked questions of the data We looked at 12 months of sales data (March 2015 – February 2016) for over 250,000 titles, aggregated across the Smashwords distribution network, representing over $20 million in actual global customer purchases at retail Some findings are useful, some not
  • 13. 15 years ago I met Lesleyann (now my wife), a former reporter for Soap Opera Weekly magazine. We decided to write a novel together that explores the wild and wacky world of daytime television soap operas. It took us about three years to research, write and edit.
  • 14. Here’s the finished book. We shopped it to literary agents and were lucky to get repped by one of the most respected NY literary agencies. They were awesome, and for two years they tried to sell it to major publishers.
  • 15. 2004-2005: Publishers Said “No” For two years our agent got nothing but rejection. Though they did receive one piece of valuable feedback: Publishers were reluctant to acquire the book because previous novels targeting soap opera fans had sold poorly. Soap books weren’t a hot category.
  • 16. My Epiphany • Publishers unable to take a risk on every author • They can’t say YES to every writer • Publishers judge books based on perceived commercial merit • Publishers guess what readers want to buy • Dirty secret: They throw spaghetti against the wall • Considering that most books flop, publishers can really only guess at what readers want to read
  • 17. I evaluated our options 1. The rational option  Admit we weren’t good enough and give up 1. The irrational option  Believe in ourselves Keep in mind our rejection came about 10 years ago, during the dark ages of publishing when nearly 100% of sales were print books, and publishers controlled the printing press and the all- important access to retail stores. At the time, if a publisher said no to writer, it essentially sealed the fate of the writer. You were a “failed writer.”
  • 18. I wondered… Wouldn’t it be COOL if there was a publisher that could say YES to every author? This way, readers could decide which books were worth reading. MY CRAZY IDEA: What if there was a technical solution to this problem? Maybe digital books held the key? What if I could develop a free ebook publishing platform that would enable any writer, anywhere in the world, to enjoy the freedom to self- publish an ebook at no cost???
  • 19. My solution: Smashwords Launched in 2008 • FREE eBook Publishing Platform  Free ebook publishing  Free best practices knowledge - to help writers publish like professionals  Distribution to major ebook retailers and libraries
  • 20. Smashwords Distribution Network Upload once, reach multiple outlets * Limited distribution to AMAZON, see http://smashwords.com/distribution for instructions
  • 21. How Smashwords Works 1. UPLOAD • Upload a Microsoft Word file, formatted to our Smashwords Style Guide • Ready for immediate sale online 1. DISTRIBUTE • Distribution to major retailers 1. GET PAID • Author receives 85% of net, which equals 60% list at major retailers and up to 80% list at the Smashwords Store
  • 22. Ebooks published at Smashwords
  • 25.
  • 26. The hazards and opportunities of data driven decision making • Averages are only averages • Big variances in a sample can skew data • Median = midpoint of numbers in a range when arranged from highest to lowest. Often represents a more “typical” outcome. • Your book is unique. • Data cannot fully explain the multivariate factors that drive readers to purchase one book over another • We try to identify opportunities for incremental advantage
  • 28. Navigating Data-speak (the dangers of “average”) Higher rank  Sales rank  Lower rank LowerDollarsalesHigher
  • 29. The Power Curve – Sales at Each Sales Rank Best practices yield incremental advantage in sales rank, exponential advantage in sales For every well-implemented best practice, you’ll gain an incremental advantage that moves your sales rank to the left. With each incremental move to the left, you receive an exponential increase in sales due to she shape of curve.
  • 30. The Long Tail of Authordom Here’s the power curve for the top 500 highest earning Smashwords authors. Author #500 looks like they’re doing poorly, but they’re actually doing quite well. The even bigger sellers on the left create the shape of the curve. However, if you’re the #10,000 best-selling author at Smashwords, you’re doing poorly. The tail is long. Always make decisions that move you to the left.
  • 31. Let’s dig in to the survey
  • 33. Smashwords authors and publishers come 175+ countries
  • 34. Fiction Dominates Top Fiction Categories 1. Romance 2. Erotica 3. Young adult or teen 4. Fantasy 5. Mystery & detective 6. Gay & lesbian fiction 7. Science fiction 8. Thriller & suspense 9. Historical 10.Literary 11.Adventure 12.African American fiction 13.Womens fiction 14.Christian fiction 15.Children’s books 16.Anthologies
  • 35. Smashwords Catalog is Fiction- Heavy • 89.5% of sales are fiction • Romance (incl YA romance) is ~50% of sales (45% excluding) • Erotica is 10% of sales • Non-fiction 11% of sales
  • 36. Top Non-Fiction Categories 1. Biography 2. Health, wellbeing, & medicine 3. Self-improvement 4. Business & Economics 5. Religion and Spirituality 6. Relationships and Family 7. Sports & outdoor recreation 8. Education and Study Guides   9. New Age 10. History 11. Travel 12. Home and Garden 13. Sex and Relationships 14.Cooking, food, wine 15.Computers and Internet 16.Psychology  
  • 38. Categories of Top 200 Bestsellers, ranked by category share (YA Romance in YA)
  • 39. Categories of Top 200 Bestsellers, ranked by category share (YA Romance in Romance)
  • 40. Romance #1 at Smashwords retailers
  • 41. Romance Dominates across Smashwords network • Romance titles account for • 9 of top 10 bestsellers • 78% of top 50 bestsellers • 75% of top 100 (vs 87% 2015, 70% 2014) • Why Romance Dominates • Romance authors most professional, sophisticated, experimental and organized • Amazing relationships with amazing readers At various points in the presentation, you’ll see me reference prior years. Check out the prior years’ surveys at Slideshare to do your own historical comparisons. It’s fun to see what changes and what doesn’t over time.
  • 42. Relative average earnings per title by category
  • 43. Let’s look at the top romance categories
  • 44. Top Selling Romance Categories Based on Smashwords sales analysis of 30,000+ titles 1. Contemporary 2. Paranormal 3. YA Romance 4. Erotic 5. New Adult 6. Suspense 7. Historical 8. Adult 9. Fantasy 10.Sci-fi 11. Regency 12. Western 13. General 14. Action adventure 15. Time travel 16. Christian 17. African American 18. Short stories 19. Gothic 20. Clean & wholesome
  • 45. In the next slide, I looked at every sale of a romance title to see how the different subcategories performed relative to one another. Just because one category is larger than another doesn’t mean that’s where you should be writing. Write what you love, whether it’s Romance, sci-fi, fantasy, mystery, horror or any of the myriad non- fiction categories. There are a lot of readers even in the smaller categories. There’s a lot of opportunity to become the big fish in the smaller ponds!
  • 46. Mega view: All Romance Categories, Ranked Performance by Category
  • 47. NEW: How do different romance categories compare to one another • In the two slides that follow, I took a completely different look at romance subcategories • Analyzed 32,900 romance titles priced $.99 and up • Aggregated sales per subcategory, then computed average and median sales per title per subcategory • Averaged the average and median yields to create aggregated benchmark, then compared each subcategory’s average and median yield to the appropriate aggregated benchmark • From here, calculated the percentage +/- divergence for each category • The “average” chart hints at where the biggest hits are found • The “median” chart hints at where books typically outpeform other subcategories. I think it might identify some under- served categories!
  • 48. Average Relative Performance, yield per title per category
  • 49. Median Relative Performance, yield per title per category In Romance, this might suggest sci-fi/fantasy/erotic and adult subcategories are underserved?
  • 51. One of the opportunities of our Survey is to try to identify the successful habits of the bestselling authors. Is there a correlation between an author’s social media presence and their sales? The next chart shows some insight. As in our past surveys, it appears better-selling authors are more likely to have a social media presence.
  • 52. Bestselling Authors More Likely to Have Social Media Presence
  • 53. There’s been a lot of buzz about box sets. Box sets were big in 2014, but there’s been a little less activity with them over the last 12 months. I remain a big fan of box sets. As you’ll learn in the slides that follow, there are different types of box sets. To earn sales, do a single-author box set. To grow your readership, do a multi-author box set priced at FREE or $.99. To learn more about box sets, check out my how- to post at: http://blog.smashwords.com/2014/08/how-to-do- box-sets-at-smashwords-for.html
  • 55. Fun Facts: Box Sets  NEW: In June, 2015, Smashwords introduced a new metadata option to allow authors to tag their books as box sets.  Over 3,000 box sets at Smashwords  Primary reasons authors do box sets:  Single author value bundles  Multi-author promotions  Fund raising for charity  #1 bestselling boxset at Smashwords is  The ‘Burg Series by Kristen Ashley  Priced at $17.95 and sports 1.2 million words
  • 56. Fun Facts II: Box Sets  Among top 50 highest earning box sets:  88% (44) are single author box sets, 12% multi-author  Average price is $7.09  Average word count is 328,000  Among top 50 box sets with most unit sales:  78% (39) are single author, 22% multi-author  Average price is $3.75  Average word count is 259,000  Only 4 of top 100 bestselling titles were box sets (2 single-author by Kristen Ashley and R.L. Mathewson, two charity; ¾ romance)
  • 57. The next set of box set slides indicate that even though box sets generally underperform other titles, box set participation appears to be one of the successful habits of bestselling authors. Better-selling authors are much more likely to be doing single-author box sets and participating in multi-author box sets. In the next three slides, I look at the top 100 bestselling authors (arranged in sales rank bands of 10), the top 1,000 and the top 10,000. Remember, the #10,000 author is not doing well. When looking for best practices, what the worst- sellers are or aren’t doing is often as informative as what the bestsellers are doing.
  • 58. Bestsellers more likely to participate in box sets
  • 59. Box set participation among top 1,000 bestselling SW authors
  • 60. Box set participation among top 10,000 bestsellers
  • 62. “Where should I price my book” is one of the most common questions authors ask. It’s an important question. Every time you sell a book, you earn a reader and you earn royalty. While money is great, I’d argue earning that reader is even more critical to your long term success. With smart pricing strategy, you can maximize both readership and earnings. The slides that follow are interesting on a number of levels. For example, note that the patterns have not changed radically over the years we’ve been tracking this. $2.99- $3.99 appear to be the sweet for most indie authors where you can maximize both downloads (readership) and dollars. But note that many authors are finding success at higher price points.
  • 63. Q: What price moves the most units? A: FREE!
  • 64. DOWNLOAD DATA FROM SMASHWORDS SALES AT iBooks
  • 65. FREE • FREE draws readership • 41X more downloads on average compared to priced titles (last 12 months) • Was also 41X last year (interesting!), and 39X in 2014, but 100+ in years past • Powerful platform builder • Powerful sales catalyst for series or deep backlists
  • 66. NOTE: The charts that follow aggregate both fiction and non- fiction sales. With about 90% of Smashwords sales dominated by fiction, these charts are most representative of fiction behavior. However, at the higher price points you’ll gain hints to how non-fiction performs at higher prices. In prior surveys we found higher price points help NF authors earn more unit sales in addition to higher earnings. See our 2014 and 2015 Surveys at http://www.slideshare.net/smashwords/presentations NF authors are usually best served at $7.99+, whereas fiction authors are generally best served at $2.99 to $5.99 Also remember this data is based on averages. Your book is unique and may not conform to averages. This is why price experimentation is so important.
  • 67. Most common price points, excluding box sets
  • 68. Which Price Points Get the Most Downloads
  • 69. (2015) Which Price Points Get the Most Downloads Note how 2016 pricing data is not radically different from 2015
  • 70. Which Price Yields the Most Earnings? The bump at $9.99+ is mostly due to non-fiction which more typically occupies higher price points (and sells better at higher prices)
  • 72. Now that we support enhanced metadata for box sets, for the first time ever we’re able to look at how box sets perform at different prices. Some surprises here! Note how box set behavior is radically different to single- copy ebooks.
  • 73. Most common pricing for box sets
  • 74. Box sets: Which Price Points Get the Most Downloads
  • 75. Box sets: Which Price Points Yield the Most Earnings
  • 76. Relation between pricing and average word counts
  • 77. Box sets: Word counts for each price band (fiction+nf)
  • 78. Average word counts per price band, excluding box sets (fic + nf)
  • 79. Average Word Count for Books in Each Price Band
  • 81. In prior Surveys, we found strong evidence that readers prefer longer books. Longer books are much more likely to be among our top sellers. Possibly this is because if readers find an author or story they love, more words equals more hours of reading pleasure. As you look at these charts, especially the top 1,000 and 10,000, visually superimpose in your imagination the Power Curve. The titles on the left sell exponentially more than on the right. The titles on the left are much more likely to have higher word counts. This means, for example, if you have a great novel that’s 100,000 words, you probably should not break it into two 50,000-word books, or four 25,000-word novellas. You might disadvantage the book. One of our bestsellers, Kristen Ashley, often writes up to 200,000 words per book.
  • 82. Average and median word counts of top 100 bestsellers
  • 83. Average and median word counts for top 1,000 bestsellers
  • 84. Average and median wordcounts for top 10,000 bestsellers
  • 85. Word Count for Top 10,000 (2015 Survey for comparison)
  • 86. Q: What’s the average word count for the top 70 bestselling Smashwords romance books?
  • 87. 2016 Survey A: 122,037 words = average word count of top 70 Smashwords romance for 2016 Smashwords Survey Excluding box sets, the top 70 non-boxset bestsellers average: 98,680 words
  • 88. 2015 Survey A: 94,150 words = average word count of top 70 Smashwords romance for
  • 89. 2014 Survey A: 96,197 words = average word count of top 70 Smashwords romance for
  • 90. 2012 Survey A: 112,195 words = average word count of top 60 Smashwords romance
  • 92. Smashwords Launched Preorder Distribution July 2013  Preorder distribution to iBooks, Barnes & Noble and Kobo  We promised a sales advantage. Did we deliver?
  • 93. Fun Facts: Preorders 2016  Only 13.5% of books published during the survey period were born as preorders. (9.8% in prior survey) BIG implications here. Preorders remain the most underutilized best practice.  7 of top 10 bestsellers born as preorders (5 of 7 preorders were romance)  On average, preorder books earned authors 6.7X what non-preorder books earned (median earnings for preorder was 2.8X non preorder books (3.5X last survey)  Of top 200 bestsellers, 55% (110) were born as preorders (2015: 67%)  Of top 200 preorders, 78% supplied by romance authors (vs.82% 2015)
  • 94. Preorder usage of top 100 bestsellers
  • 95. Preorder usage of top 1,000 bestsellers
  • 96. Preorder usage of top 10,000 bestsellers Bottom line: Books born as preorder sell better. Release your next book as a preorder, otherwise you’re leaving $$$ on the table
  • 98. Smashwords Series Manager Tool Gives New Insight about Series Performance  Launched September, 2013  Enhanced discovery at retailers gives Smashwords authors advantage  15,000+ series at Smashwords  We track series performance!
  • 99. Fun Facts: Series 2016  Of top 10 bestselling series:  7 are romance  4 are YA (of which three are romance)  6 series did not have a new release during the survey!  Of Top 100 bestselling series:  Average 6.49 titles per series (median is 5)  Added just under one new title to the series on average (.8 releases)  62 series had new releases, 38 did not  Average word count for all books within top 100 bestselling series: 95,057
  • 100. Power Curve of the top 100 bestselling series
  • 101. Average price points within top 200 bestselling series
  • 102. Most common series starter price points, top 200 series
  • 103. Q: Do series writers get more action?
  • 104. Series writing by top 100 bestselling authors
  • 105. Bestselling authors more likely to write series
  • 106. Is there a connection between author earnings and the # of series published?
  • 107. Most top 100 bestsellers are series books
  • 108. Most top 1,000 bestsellers are series books
  • 109. Among top 10,000 bestsellers, the series advantage is clear
  • 110. Q: Do series with FREE series starters earn more sales?
  • 111. Free vs. Non-free series starters • We looked at two categories of bestselling series: • The 100 highest-earning series that have free series starters • The 100 highest-earning series that have non-free series starters • Next, we totaled up the sales of each group and calculated the average earnings per title, and the median earnings per title. • We first did this in last year’s 2015 Survey
  • 112. (2015 SW Survey)FREE Series Starters Lead to 66% Boost in Series Sales
  • 113. FREE Series Starters Boost Series (2016 Survey)
  • 114. Free series starters among the top 100 bestselling series
  • 115. Free series starters among top 1,000 bestselling series
  • 116. Free series starter usage among 10,000 bestselling series
  • 117. Q: Do series books earn more than standalone books?
  • 118. A: Yes. Series books sell better.
  • 119. Series books sell significantly more than standalone
  • 120. Summary of Key Takeaways • Romance writers and readers dominate • Climb the power curve by implementing no-brainer best practices • Series books sell better • Longer books generally sell better • Preorders remain huge untapped opportunity for most authors • $2.99 and $3.99 remain sweet spots for most indie romance authors, but some authors finding success when they migrate higher • FREE remains powerful catalyst for readership-building • Box sets generally not big moneymakers, but they have ancillary strategic benefits
  • 121. Remember • Data-driven publishing decisions are irrelevant without a great book • Numbers provide hints at opportunities to engage with more readers • Dangerous to make decisions on a single metric alone • Your book is immortal • Experiment and iterate until you get viral catalysts just right. Then iterate some more. • Read the Secrets to Ebook Publishing Success for other viral catalysts
  • 122. Appendix: Free resources about ebook publishing in the slides that follow …
  • 123. Learn to Publish Like a Pro with These FREE Best Practice Guides • Secrets to Ebook Publishing Success (best practices of successful authors) • Smashwords Book Marketing Guide (how to market any book at no cost) • Smashwords Style Guide (how to format and publish an ebook)
  • 124. Don’t Keep Knowledge a Secret! For the last eight years I’ve shared the best practices knowledge that helps writers publish with greater pride, professionalism and success. I learn from our authors – I learn from you – and I share it for everyone’s benefit. The secrets I teach are universal. The knowledge – like Smashwords - is free and available to everyone. One need not publish with Smashwords to benefit from this information. I share this information because I believe a rising tide lifts all boats. I want to help writers everywhere achieve their dreams because dreams are important, and books are important! Please share these resources with your friends. As you peruse my free resources, please do your fellow writers a favor and share what you learn. Blog it, Facebook it, Tweet it and share hyperlinks to it across social media.
  • 125. How to Publish Ebooks • In 2005, I presented a four-module ebook publishing course at the Pacific Northwest Writers Conference. • View all the slides at http://bitly.com/howtopublishebooks or http://blog.smashwords.com/2015/06/how-to-reach-more-readers-with- ebook.html • Modules include: 1. Introduction to Ebook Publishing. 2. Ebook Publishing Best Practices. 3. Ebook Preorder Strategies. 4. iBooks Merchandising Secrets.
  • 126. Summary of Smashwords Tools • Smashwords offers free tools to help you publish with pride, professionalism and success!  Single upload – reach many retailers and libraries  Manage your book across multiple retailers from your Smashwords Dashboard  Advanced tools  Preorders, including assetless (metadata-only)!  Centralized metadata management  Smashwords Coupon Manager for custom promotions  Daily sales reporting
  • 127. Are you a Smashwords author or publisher yet? Over 115,000 indie authors and small independent presses use Smashwords to publish and distribute ebooks! If you found the Survey useful, we’d love to welcome you to Smashwords. By partnering with Smashwords for distribution, you are directly supporting our ability to continue bringing you such great educational resources including this annual Smashwords Survey. To join Smashwords, click to www.smashwords.com and click JOIN. For more information, visit https://www.smashwords.com/about/how _to_publish_on_smashwords
  • 128. Checklist for Publishing and Distributing with Smashwords 1. Sign up for a free account at www.smashwords.com The confirmation email will walk you through the next steps 2. Prepare your manuscript and cover image. The Smashwords Style Guide will teach you how to professionally format your book - http://www.smashwords.com/books/view/52 3. If you want to hire a low-cost expert to format your book or design your cover, check out Mark’s List at http://smashwords.com/list 4. Upload your manuscript and cover to Smashwords for distribution to major retailers. 5. Bonus points: Read the Smashwords FAQ to learn how to get the most out of the Smashwords platform - https://www.smashwords.com/about/supportfaq
  • 129. Have you heard about assetless (metadata-only) preorders? • For two years running now, the Smashwords Survey conclusively proved that books born as preorders sell better. • Smashwords is a leader in ebook preorders. We’ll get your preorder listed at iBooks, Barnes & Noble and Kobo • With assetless preorders, you can get your listing established up to 12 months before you release your book. • Advance listings enable: • More effective advance marketing • Higher first-day sales rank at iBooks and Kobo • Learn more at www.smashwords.com/preorder
  • 130. Smashwords YouTube Tutorials • View nearly 10 hours of Smashwords video workshops at http://youtube.com/user/Smashwords • Smashwords video series: • #1: Introduction to ebook publishing - https://www.youtube.com/watch? v=khM4czIJUVM • #2: Ebook publishing best practices: https://www.youtube.com/watch? v=Jnd7jYcjqm8 • #3: 2013 Smashwords Survey: https://www.youtube.com/watch? v=2rrl4NExo3Y • #4: 10 Trends Driving the Future of Authorship: https://www.youtube.com/watch?v=NbT7r-DUa6M • #5: How to reach readers at iBooks, the #2 global ebook seller: https://www.youtube.com/watch?v=xKwwcL_FS_c • #6: How to add navigation to Smashwords ebooks: https://www.youtube.com/watch?v=gpB9hmlgeU4 • Check back for new videos in the future!
  • 131. What does it mean to be an “indie author”? • Indie means self-published • You are your own publisher • Indie authorship is a worldwide cultural movement • In April, 2014, I published the Indie Author Manifesto at http://blog.smashwords.com/2014/04/indie-author- manifesto.html in which I described the ethos behind the indie author movement. • The manifesto explores the mindset, attitudes and aspirations of indie authors • The manifesto is not “Anti-publisher” • Instead, it provides a roadmap by which indie authors and publishers can work toward mutually aligned interests • Infographic on next slide…
  • 132. The Indie Author Manifesto • Read the story behind the manifesto (and download a high-res poster) at http://blog.smashwords.com/2014/04/indie-author- manifesto.html or Google “indie author manifesto”
  • 133. 10 Reasons Indie Ebook Authors will Capture 50% of the Ebook Market by 2020 • In March 2014, I predicted indie ebook authors would capture 50% of the US ebook market by 2020 • Is my forecast too conservative? Maybe. • Read the post at http://blog.smashwords.com/2014/03/sizing-self-publishing- market-10.html or Google “ebook market by 2020” • Includes a downloadable spreadsheet so you can create and publish your own forecast
  • 134. View other Smashwords Presentations on Slideshare • View more Smashwords presentations on Slideshare at http://slideshare.net/presentations/smashwords • Here are some notable presentations • How to Publish Ebooks (a collection a four-module training course mentioned on prior slide): http://blog.smashwords.com/2015/07/how-to-publish-ebooks-ebook- publishing.html • Ebook Publishing in the Classroom (Includes a primer of ebook self-publishing and also best practices): http://www.slideshare.net/Smashwords/ebook-publishing-in-the- classroom • How public libraries can launch community publishing initiatives: http://www.slideshare.net/Smashwords/how-libraries-can-launch-community- publishing-initiatives-with-selfpublished-ebooks-33409020 • 2014 Smashwords Survey - http://www.slideshare.net/Smashwords/2014-smashwords- survey-how-to-sell-more-ebooks? • 2013 Smashwords Survey - http://www.slideshare.net/Smashwords/new-smashwords- survey-helps-authors-sell-more-ebooks • 2012 Smashwords Survey - http://www.slideshare.net/Smashwords/how-data-driven- decisionhow-datadriven-decisions-might-help-authors-reach-more-readers
  • 135. Connect with Mark Coker Twitter: @markcoker Blog: blog.smashwords.com (subscribe via email and never miss another post) LinkedIn: https://www.linkedin.com/in/markcoker Facebook: facebook.com/markcoker Web: www.smashwords.com HuffPost: huffingtonpost.com/mark-coker
  • 136. Thanks for your time! Connect with Mark Coker: Twitter: @markcoker Facebook: facebook.com/markcoker Web: www.smashwords.com Blog: blog.smashwords.com (subscribe via email) HuffPost: huffingtonpost.com/mark-coker