This is more like advice than predictions but the latter sounds better methinks...
Showing posts with label marketing. Show all posts
Showing posts with label marketing. Show all posts
Monday, January 3, 2022
Wednesday, November 10, 2021
Marketing Myth!
Too many newbie authors believe their publisher, big or small, will take care of all their marketing needs. I call BS on that.
Saturday, September 18, 2021
Marketing Musings!
With my agent's annual marketing meetup scheduled for today, I thought I'd talk a little about how I've changed up my marketing strategy this year, and boy oh boy has it worked.
Saturday, January 4, 2020
5 New Year’s Resolutions Every Full-Time Fiction Writer Must Make in 2020, or Else Get a Day Job
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| (Courtesy Return of Kings) |
It’s the new
year and already I can feel change in the air. After all, this isn’t only a new
year. It’s a new decade. A new era if you will, where politics are becoming
more and more divisive, traditional norms like marriage and religion are
eroding, and robots are about to take over the workforce. It will be a time of
adaptation and innovation. Anyone who doesn’t plan for the future is making a
plan to fail.
That’s
especially true of full-time fiction writers. Long gone are the traditional
query and wait days (that is, unless you’re a total dolt and choose to go that
route), while authors can now get their work to market independent of the New
York publishing houses in a matter of weeks or even days with online publishing
platforms like Amazon KDP and/or Draft to Digital. If you’re like me, you
engage in both the traditional and independent forms of publishing (I guess
that makes me half a dolt), or what’s better known as the hybrid method. What
this means is, there’s never been a better time to be a genre fiction author.
But unlike
ten years ago, when you could upload a full-length novel and expect it to sell,
the market is far more saturated than it used to be. Now you need to fight for
attention not only with fellow mid-list authors, but also the big leaguers like
John Grisham and Stephen King. In order to make your brand stick out from the
crowd in 2020, and therefore make a good living, you’ll need to do these five
things, or die!
1. Advertise. For better or for worse,
investing even a small amount of capital in Amazon ads is absolutely necessary
for getting eyes on your books. I’m not about to get into the nitty gritty of
how they work, because it’s still a mystery to me precisely how they work. Just
know this: Eyes=Impressions. The more impressions the better chance that
someone is going to buy one of or more of your books. That said, I’m going to
concentrate on advertising first-in-series books, knowing that chances are, the
average serial reader will want to read my entire series.
2. Optimize. I have something like 40
indie products. Maybe more. I’ve lost count. After five years of solid writing,
and very little attention paid to selling, other than the occasional marketing
promo, I’m going to be changing out my keywords with the help of KDP Rocket.
I’m also going to take a good hard look at my product descriptions to make sure
they pass the quality test. Go for enticement, not a book summary. I’ll also
look at pricing. Are my books priced too low, or am I charging what they are
truly worth?
3. Serialize. Unlike my standalones,
which I sell to traditional publishers (for the most part, that is), the indie
game is all about books in a series. I presently have about seven series going,
but I’m going to increase that number. In fact, I’m never going to stop
inventing new series. Simply said, they result in long tail sales. Now that’s
the gift that keeps on giving.
4. Audiblize. Audio books are presently
exploding. People are reading (listening) to books on their smartphones like
never before. I saw my audio sales triple in 2019 and I expect that to happen
again in 2020. To be honest, I never used to pay attention to the audio market
until I woke up in quarter three of last year and suddenly realized their
awesome potential as a money maker.
5. Capitalize. Capitalize on other paper
book outlets, that is. Another thing I discovered quite by accident in 2019.
While eBooks listed in Amazon KU are exclusive to that program and therefore
cannot be sold anywhere else, paper is not exclusive. That means you can set up
accounts at Ingram Spark for instance. As an experiment, I bought 10 ISBNs off
MyIdentifier.com and published eight paperbacks on Ingram Spark (that’s not a
typo. I screwed up two of the ISBNs and lost them, but that’s another story). I
immediately started earning low three figures right off the bat. Of course,
that will only increase with each new book published.
In a
nutshell, I won’t be just a writing machine in 2019. I’ll actually slow down
with publishing (primarily because I have two traditional titles being
published), but on the other hand, I will be upping my selling efforts in a big
way. It’s not enough to be an artist in 2020 and beyond. You must also be a businessman
or woman. You must sell you junk if you want to survive in this brave new world
that’s changing all around us all the time.
Friday, April 21, 2017
Moneysuck Or Do Facebook Ads Really Work?
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| Or, simply throwing your money away... |
No, really...I now have something like 25 novels, novellas, and collections in print (see, I can't even keep track of the specific amount), about half of them with traditional publishers and the other under my own imprint, Bear Media. Like hungry little children, all these books need to be fed, or they will wither and die. That means, advertising. Sure, the best method for selling a book is still word of mouth, but I'm not only hoping to sell a few copies from out of my local indie bookstore, I'm selling to a global audience (Now you see why I do very few book signings). That means paid advertising like Facebook Ads.
I first heard about the possibilities of these little digital devils when I was in Italy sometime around XMas, 2015. I thought, well how hard can this be? I went to You Tube, looked at a tutorial on creating an ad set (the demographics, the budget, the copy, the image...), and I was off. Since then I've spent close to $10K on FB ads, and here's the thing: I'm not sure they work.
That said, I'm certain my books have landed millions, and I mean, millions of impressions. And quite a few clicks which I can only assume translates into sales. Or some sales at least. But for sure, I cannot attribute $10K worth of book sales to $10K worth of ads, which in the end would be a wash anyway. Taken a step further, I am most definitely not making a profit on these ads.
So why then, do I do the illogical thing and keep them going?
The answer lies in the impressions. Product recognition. What I'm hoping for is that when enough people finally recognize the novels I'm advertising, they will warm up to the idea of taking a chance on giving them a go. So I guess I can say, my investment in FB ads is more of a long-term thing. Right now, I'm the bakery that's giving away free cookies and cakes. That's not to say, I'm not learning how to optimize these ads better so that I'm not tossing money away. Numerous courses exist on creating the perfect ad, but they are expensive, and I'm not entirely sure the investment in time would be worth it.
In fact, I've been experimenting with Amazon ads as of late, and I find these effective in terms of dollars and cents (You are charged only per click, as opposed to FB ads where you spend exactly what you pledge per day). To a lesser degree in effectiveness are Book Bub ads.
In the end, I still believe the best way to push your books on the global market is to write more and more of them. Anyone who follows the Vox knows the mantra by now. Write. Publish. Rinse. Repeat.
But you still have to get the word out.
And this means advertising. So, if you're planning on using FB ads, make sure you spend only what you can afford, and experiment with them. Tweak them until the click rate is less than .05 per click. Anything more than that and you'll see your profits being eaten away like a cancer that thrives on healthy cells.
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