bookselling: a practical guide by storiad

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Presented By: Ramzi S. Hajj, CoFounder of Storiad, Inc. [email protected] © 2015 Storiad, Inc. Bookselling: A Practical Guide

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Page 1: Bookselling: A Practical Guide by Storiad

Presented By:Ramzi S. Hajj, CoFounder of Storiad, Inc.

[email protected]© 2015 Storiad, Inc.

Bookselling: A Practical Guide

Page 2: Bookselling: A Practical Guide by Storiad

Bookselling: A Practical Guidestoriad.com

© 2015 Storiad, Inc.

Your Presenter - Ramzi S. Hajj

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­  Co-Founder of Storiad ­  Economist by professional trade­  Writing as the proverbial labor of love

Why Build Storiad?­  ALL my author-friends worked YEARS to write, edit, and bring

books to market à GREAT news­  … Selling virtually no books à BAD news­  Solve the “bad book sale” dilemma with better technology,

access to information & actionable industry knowledge

Page 3: Bookselling: A Practical Guide by Storiad

Bookselling: A Practical Guidestoriad.com

© 2015 Storiad, Inc.

Presentation Outline

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①  The Basics: The “5/95 Rule”②  Bookselling Market Realities③  What Bookselling is All About④  Planning & Doing⑤  Your Networking Plan⑥  Your Marketing Plan⑦  Your Publicity Plan⑧  Your Plans in Action⑨  Let’s Talk Videos with Aqua83

Page 4: Bookselling: A Practical Guide by Storiad

Bookselling: A Practical Guidestoriad.com

© 2015 Storiad, Inc.

Wisdom in Numbers: The “5/95 Rule”

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Bookselling Conventional Wisdom Achieving Publishing Success

Writing Marketing

Book publishing success is 5%

writing a book and 95% marketing

“Writing a book is just a prologue to more work.” - The Economist (Schumpeter | Authorpreneurship) 2/14/2015

Page 5: Bookselling: A Practical Guide by Storiad

Bookselling: A Practical Guidestoriad.com

© 2015 Storiad, Inc.

Bookselling Market Fundamentals

The Greatest Obstacle to Book Sales is Lack of Market Awareness

Some reasons why:①  The number of books being published every year has exploded②  No other industry has so many new product introductions③  Average book sales are shockingly small, and falling fast④  A book has less than a 1% chance of being stocked in an average

bookstore⑤  It is getting harder and harder every year to sell books⑥  Most books today are selling only to the authors’ and publishers’

communities⑦  Most book marketing today is done by authors, not by publishers

* Source: Steven Piersanti, President, Berrett-Koehler Publishers. February 22, 2013

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Page 6: Bookselling: A Practical Guide by Storiad

Bookselling: A Practical Guidestoriad.com

© 2015 Storiad, Inc.

The Short & Sweet of Bookselling

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It’s ALL About Connections & Communication

Sorry, NO:q  Ifs;q Ands; orq Buts.

Page 7: Bookselling: A Practical Guide by Storiad

Bookselling: A Practical Guidestoriad.com

© 2015 Storiad, Inc.

Your Connections, Your Network

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And by Connections, we mean:þ  Friends & Familyþ Other Authorsþ  Editorsþ  Publishersþ  Lit Agentsþ  Book Clubsþ  Reading Groups

þ Writing Programsþ  Interest Groupsþ  Bookstoresþ  Lit Magsþ  Book Bloggersþ  Book Reviewsþ  Vloggers

þ  New Media Peopleþ  Film Peopleþ  Social Media

“Influencers”þ  Radio Peopleþ … And Many more

Page 8: Bookselling: A Practical Guide by Storiad

Bookselling: A Practical Guidestoriad.com

© 2015 Storiad, Inc.

Our Destination

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As Published Authors, we need to do everything we can to stand out in a crowded bookselling field  

“Readers these days want to get to know the creators of the books they buy.” - The Economist (Schumpeter | Authorpreneurship) 2/14/2015

Page 9: Bookselling: A Practical Guide by Storiad

Bookselling: A Practical Guidestoriad.com

© 2015 Storiad, Inc.

Bookselling Goal à Strategy à Tactics

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þ  Your Bookselling Goal: to sell as many books as possible

þ  Your Bookselling Strategy: to implement interconnected Networking, Marketing, and Publicity Plans to find and connect with the right people, at the right time, with the right messages

þ  Your Bookselling Tactics: to position a well-balanced portfolio of book marketing assets in support of the interconnected Networking, Marketing, and Publicity Plans

 

Page 10: Bookselling: A Practical Guide by Storiad

Bookselling: A Practical Guidestoriad.com

© 2015 Storiad, Inc.

Your Bookselling Strategy

Your Bookselling Strategy entails building three interconnected plans:

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• attract & engage your audience with compelling content

• content reflects “who you are, how you write, why you write, what you’ve written”

Networking

• research your readership base

• develop smart & interactive marketing materials

• actively market to that base

Marketing • identify relevant industry influencers

• get your marketing materials to these influencers

Publicity

Page 11: Bookselling: A Practical Guide by Storiad

Bookselling: A Practical Guidestoriad.com

© 2015 Storiad, Inc.

Tools of the Bookselling Trade

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Your Portfolio of Marketing Tools Include:þ  Networking

platformþ Marketing

platformþ  Your book

(excerpts)þ  Book trailerþ  Author reading

(video)þ  Video book

reviews

þ  Audioþ Online reviewsþ  Social mediaþ  Bloggingþ  Virtual author

eventsþ  Partnershipsþ  Co-marketing w/

publisherþ  Discount codesþ Offline events

þ  Visualsþ Marketing opt-in

formsþ Giveawaysþ  Linksþ  Adsþ Messaging

templatesþ … And SO MUCH

MORE

Page 12: Bookselling: A Practical Guide by Storiad

Bookselling: A Practical Guidestoriad.com

© 2015 Storiad, Inc.

Your Networking Plan Development

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Your Networking Plan addresses the quantity, quality, and relevancy of the connections you make.  

①  Time Allocation②  Connections③  Third Party Content Discovery & Sharing④  Blogging & Original Content Creation⑤  Network Engagement

Page 13: Bookselling: A Practical Guide by Storiad

Bookselling: A Practical Guidestoriad.com

© 2015 Storiad, Inc.

Your Marketing Plan Development

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Your Marketing Plan determines who your target audience members are, what interests them, and how best to reach them in the compelling and memorable ways needed to induce them to consider, buy, read, then recommend your book to others.  

①  Time Allocation②  Budgeting③  Target Audience Determination ④  Market Research⑤  Marketing Materials Development⑥  Marketing Material Packaging⑦  Marketing Material Distribution

Page 14: Bookselling: A Practical Guide by Storiad

Bookselling: A Practical Guidestoriad.com

© 2015 Storiad, Inc.

Your Publicity Plan Development

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Your Publicity Plan determines how you get your book’s marketing information onto the screens of those industry influencers in the business of reading, reviewing, recommending, and/or buying books. 

①  Time Allocation②  Budgeting③  Outreach Messaging④  Tracking

Page 15: Bookselling: A Practical Guide by Storiad

Bookselling: A Practical Guidestoriad.com

© 2015 Storiad, Inc.

Author’s Decision Point

With prevailing market challenges in mind, we authors have one of two choices:

q  Remain Passive: Do little (or nothing) and don’t sell many books

Or; q  Get Proactive: Develop integrated Networking,

Marketing, and Publicity plans to build the market awareness that sells books

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So …

And Please Remember: If people don’t know your book exists, there is a 0% chance

they will read it, review it, recommend it, or buy it.

Page 16: Bookselling: A Practical Guide by Storiad

Bookselling: A Practical Guidestoriad.com

© 2015 Storiad, Inc.

Author’s Decision Point

We KNOW you’ll choose the Proactive approach

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And Finally …

Happy Book Marketing!

Woof!

Page 17: Bookselling: A Practical Guide by Storiad

Presented By:Ramzi S. Hajj, CoFounder Storiad, Inc.

© 2015 Storiad, Inc.

Thank You!

Questions?Email: [email protected]

Twitter: @storiad

Page 18: Bookselling: A Practical Guide by Storiad

Virtual  Author  Event Reach  More.  Save  More.  

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Storiad  and  Aqua83  Presents  

Page 19: Bookselling: A Practical Guide by Storiad

[email protected]  

Sha’Dona  Brewer  @aqua83consult  #VirtualAuthorEvent

• Marke?ng  and  Communica?ons  

• Industries  

• Events  

• Aqua83  Consul?ng  

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Page 20: Bookselling: A Practical Guide by Storiad

[email protected]  

Author  Event  Setbacks  

•  Budgets  

•  AJendance  

•  Technology  

•  Change  in  marke?ng  dynamics  

 

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Page 21: Bookselling: A Practical Guide by Storiad

[email protected]  

Author  Event  Solu?on

•  Go  digital  

•  Reach  more  

•  Create  brand  

•  Save  ?me  and  money  

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Page 22: Bookselling: A Practical Guide by Storiad

[email protected]  

What  is  a  VAE?

•  Online  webinar  

•  Interac?ve  

•  Opt-­‐in  marke?ng  

•  Market  data  collec?on    

•  Branding  

•  Content  piece  

•  Drive  sales  

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Page 23: Bookselling: A Practical Guide by Storiad

[email protected]  

What’s  included  in  a  VAE?

•  Consulta?on  

•  Full  planning  

•  Management  

•  Marke?ng  

•  Event  execu?on  

•  Post  marke?ng  

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Page 24: Bookselling: A Practical Guide by Storiad

[email protected]  

Different  from  others

•  First  of  its  kind  

•  Mul?ple  resources  

•  One-­‐on-­‐one    

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Page 25: Bookselling: A Practical Guide by Storiad

[email protected]  

Bookselling  strategy

•  Develop  right  assets  

•  Develop  right  strategy  

•  VAE  

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Page 26: Bookselling: A Practical Guide by Storiad

[email protected]  

Thank  you!

So  what  are  you  wai?ng  for?  

 

 

 

 

[email protected]    

[email protected]    

hJp://learn.storiad.com/Virtual-­‐Author-­‐Event  

 

 

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Page 27: Bookselling: A Practical Guide by Storiad

Presented By:Ramzi S. Hajj, CoFounder Storiad, Inc.

© 2015 Storiad, Inc.

Thank You!

Questions?Email: [email protected]

@storiad  @aqua83consult  #Bookselling  #VirtualAuthorEvent