Phone 888 522 8747 Cell 503 784 4749
Speaker Writer Marketing Coach

Archive for August, 2010

Email This Post Email This Post

What Book Reviewers are Up Against

Here is a peek into the “sorting” room at ForeWord Magazine – one of the premiere reviewers (for the trade) of independently published books. It gives you some idea of the sheer quantity of books out there seeking reviews and why your book has to be of perfect quality to be considered, much less to get a review.

http://www.forewordreviews.com/foreword-insideout/volume-1/

Trade reviews are important to help your book get into book stores and libraries. If you aren’t using trade distribution or worried about libraries as part of your business plan, then you wouldn’t submit your book to an organization like ForeWord.

If your marketing plan is focused entirely on direct contact with your potential customers, then you would want to try to get reviews and articles in newspapers, magazines, websites and blogs that are directed towards your target market.

Regardless of your target publications, you need to remember that the chaos you see in the short video goes on at every publication every day.

What will you do to stand out from the crowd?

Like it? Recommend it


Email This Post Email This Post

Pricing - Retail and Discount Schedules

You, as the publisher/author, get to set your own retail price. You also should set your own pricing discount schedule for your various types of distribution. The law says that you must offer the same discount to the same "class" of customers. It is a little confusing what this means, but generally the type of customer and the terms under which your book is sold to those customers determines the pricing schedule.

 

Typically they look something like this:
THIS IS AN EXAMPLE ONLY

Retail/end user (for instance on your website) Satisfaction guaranteed (returnable if not satisfied)
1-2 copies - no discount, payment upon purchase
2-10 - 10% - payment upon purchase
10+ 15% - net 30 days

Wholesale -

all quantities - 55% discount, returnable, net 90 days (pretty standard)

Retail book stores -

1-2 copies - 20%, non-returnable paid upon order (called a STOP order)
2 + copies - 40% discount,returnable, net 90

Special sales - maybe gift stores, food stores, pet stores or other genre specific
(these are less standard, but might be something like this)

1-5 copies - 25%, non returnable, paid upon order
6-20 copies - 40%, nonreturnable, net 30 days
20+ (or full case) - 50%, nonreturnable, net 45

Once you determine your discount schedule, the law says you must apply it in an even handed way. If you want to offer a different discount to a particular client, you must establish a new discount schedule with some terms that are different than your existing schedules that justifies the difference in terms. another variable that I didn’t mention above and that can effect your schedules is who pays shipping.

Now, in a very practical way, do I think the full force of the US government is going to descend upon us little publishers? No. But is it good business practice to do this and treat your customer equally? Yes.

Once you publish a book and have it listed in Bowker’s Books in Print with a specific retail price and establish your discount schedules, your work with pricing is done. Anyone who buys a book from you may resell it at any price they choose. You have no control over that - nor should you. You’ve set your terms, gotten paid according to your price schedule and released it to the world.

One word of caution that should be noted is that of credit terms. Once you establish your discount schedule, you also need to consider who you consider to be credit worthy. You do not have to extend credit to anyone, however, you do need to assess each companies credit worthiness. Having a standard credit application and terms under which you extend credit can make the difference between the success and failure of your business. There is no point in "selling" books to a company that does not have the known ability to pay for them. There is nothing wrong with asking for money or a credit card upfront. That one small act will save you a world of heartache with companies and individuals who can’t or won’t pay their bills.

Like it? Recommend it


Email This Post Email This Post

The Power of Article Banks and Google Alerts

Here is an example of the power of Google Alerts and the power of having articles in article banks.

I wrote this article several years ago and put it on a couple of article banks and on my website and today it pops up on my Google Alerts for the book name because this website picked it up and used it. I was a little upset at first because the requested byline isn’t at the bottom of it – but then I noticed that they put the information in a little different format in the middle of the article – and that was OK with me.


My analytics for my website told me the other day that there are now over 3,000 inbound links to my website – that means that there are 3,000 places on the web that have my website URL listed somewhere on their website where people can just click and instantly be on my website. It could be embedded in a story like this, listed on a resource page, mentioned in a blog post, etc.  Some of those links I cultivated early on in my website’s life trying to get people to link to me, or post and article etc. Now I do nothing because people just find the articles, link from one post to another, etc.  

The moral of the story is to write those articles now, get them onto relevant websites, blogs and article banks; spend some time getting relevant sites to use your material, do an interview with you, post a review (use your sample review), or run a contest with your book as the prize. Some work early on, pays big dividends down the road.

What Not to Do on Your Summer Vacation!
By admin
The website has a television clip of them sharing their experiences, a complete budget worksheet (.xls format) for both long and short trips, information on their award-winning book, "Live Your Road Trip Dream" and much more.
levis ophthalmic collection - http://eduagain.com/learn/un851451383i92/

 

 

Like it? Recommend it


Posts:
Categories:
Marketing Services (17)
Publishing Advice (36)
"And I thought after 40 years of writing, I could write a sales letter... WRONG! Carol White's letter went beyond my imagination and into the sales stratosphere. Thanks, Carol! " -- AD Walker