five rules of ebook marketing iain millar co-founder managing director
TRANSCRIPT
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Five Rules of Ebook Marketing
Iain MillarCo-Founder
Managing Director
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Background
• 47% of adult fiction is now bought in ebook, according to Nielsen
• In 2013 print sales fell by 10% in the UK
• The market for self-published books has grown by around 80% in a year
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Rule 1:
Be on the internet
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Being on the Internet
• There are 3 billion Google searches per day
• Roughly half of online retailer traffic now comes from mobile or tablet
• There are 59 listings in Wikipedia’s ‘2015 novels’
• There are 1,181 listings in Wikipedia’s ‘2015 films’
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Rule 2:
Think internationally
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Thinking Internationally
• 100% ebook availability (or near enough)
• Growth markets: India, China, Latin America
• Around 500m speak English as a first language, around 1.1b speak English as a secondary language
• Web marketing needn’t be aimed at UK only
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Rule 3:
Act responsively
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Acting Responsively
• You may receive promotion/publicity unexpectedly
• Sales spikes are (in a sense) less predictable
• Main variables are: price, campaign spend, pitch
• Have firm targets and act if under-performing
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Rule 4:
But plan for the longer term
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Planning for the Longer Term
• Acting responsively requires a contingency budget
• You don’t just have a 4-week window, particularly for midlist and developing authors
• Series planning and ebook reissues important
• Be persistent and look for marginal gains
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Rule 5:
Take ebooks seriously
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Taking Ebooks Seriously
• Do not allow production or design standards to slip
• Challenge snobbish views on ebooks
• Publicise ebook success stories, don’t be data-shy
• There is a need to prove our value as publishers, and taking ebooks seriously is essential in achieving that