Showing posts with label permanently free. Show all posts
Showing posts with label permanently free. Show all posts

Wednesday, November 21

Using Permanently Free Books To Increase Sales: Part 2

Using Permanently Free Books To Increase Sales: Part 2

A few days ago I talked about the strategy of making books permanently free to increase sales. (See: Writers: How To Use Permanently Free Books To Increase Sales)

It sounds counter-intuitive, but the idea is that if you, for instance, make the first book of a series free that its value as a marketing devise will far outweigh your lost revenue.

I wasn't sure how that post would be received since there has been some resistance within the indie community to the idea of giving away ones work and was pleasantly surprised by the wonderfully helpful comments the article received.

In this post I want to look, first, at a variation on the idea of using permanently free electronic books to increase sales of your other work: make the ebook version of a book free and use it as advertising for the paper version. Then we'll look at another indie author--Robert J. Crane--who uses the technique of perma-free to sell books AND he has been so kind as to share his sales figures.

(By the way, if you have tried perma-free to increase sales of your work please contact me, I'd like to hear about your experience.)


1) Make The Ebook Version Free, Charge For The Paper Copy


Example: Seth Godin


The first time I heard of this strategy I thought I had to have misheard. But, no, offering the ebook version of his paper books has worked out well for author and entrepreneur Seth Godin.

In 2001 Seth wrote Unleashing The Ideavirus. I'll let him tell you about it:
Seven years ago, I wrote a book called Unleashing the Ideavirus. It's about how ideas spread. In the book, I go on and on about how free ideas spread faster than expensive ones. That's why radio is so important in making music sell.

Anyway, I brought it to my publisher and said, "I'd like you to publish this, but I want to give it away on the net." They passed. They used to think I was crazy, but now they were sure of it. So I decided to just give it away. The first few days, the book was downloaded 3,000 times ... The next day, the number went up. And then up. Soon it was 100,000 and then a million. ... I didn't ask anything in return. ... Here it is. Share it.

A Google search finds more than 200,000 matches for the word 'ideavirus', which I made up. Some will ask, "how much money did you make?" And I think a better question is, "how much did it cost you?" How much did it cost you to write the most popular ebook ever and to reach those millions of people and to do a promotion that drove an expensive hardcover to #5 on Amazon and #4 in Japan and led to translation deals in dozens of countries and plenty of speaking gigs?

It cost nothing. (You should write an ebook)
Unleashing the Ideavirus is still selling strong. Over on Amazon, the paperback version is at #34,038 (excellent!) while the Kindle version is sitting at around rank #152k.

Let's think about that for a moment. The ELECTRONIC copy of Unleashing the Ideavirus, the format Seth is giving away for free (the link is right here), is downloaded more often than The League of Extraordinary Gentlemen (#223,261), published in 2003, two years later.

It's true that Seth's book is $7.86 while League is $11.87. That probably has an effect on sales, but my point is that offering the book for free doesn't seem to have hurt sales of even the electronic version!)

That's just one example. Here is a listing of 15 books Seth Godin has made permanently free.

Here is Seth Godin's blog post advocating writing an ebook with the intention of making it permanently free: You should write an ebook.

Example: David Gaughran


David Gaughran released Let's Get Digital, in July of 2011. What caused a lot of commentary at the time was that, like Seth Godin, he gave away a PDF copy of his book on his website (it's still available here: Let's Get Digital). David did one thing differently from Seth, he put up a donation button for anyone who wanted to contribute to his continued financial well-being.

So, did making the PDF perma-free pay off?

On Amazon.com the Kindle version of Let's Get Digital is priced at $4.98 and is at rank #26,388 which is good. In fact, the electronic version is selling the best out of all David's books, at least those on Amazon.com. I'd consider that a success.

Thanks to Leauxra for drawing my attention to these examples.


2) Eric Flint and the Baen Free Library


Baen Free Library was founded in 1999 by writer Eric Flint and publisher Jim Baen "to determine whether the availability of books free of charge on the Internet encourages or discourages the sale of their paper books" (Baen Free Library, Wikipedia).

Eric Flint concluded that making an electronic version of a book available for free enhances the sale of the paper version. Is he guessing? No. Eric shares his sales figures for Mother of Demons, a book he made free for electronic download around 2000 and persuasively argues that giving the electronic version away for free helped  his sales. Eric writes:
Almost eight years ago, I put up my first novel [Mother of Demons] for free online—as a result of which it got most of its sales since then, and is still selling well enough that even after the mass market edition finally runs out, the publisher is going to keep it in print in a hardcover edition.

Nobody knows exactly what percentage of first novels never go out of print for ten years and then get reissued in a hardcover edition. But the percentage is probably somewhere in the top one-tenth of one percent. (NOTE: need sub-title) ["Note: need sub-title" is the subtitle. See the reference section at the end of this post.]
So not only doesn't having your book up as an electronic copy, free of charge, hurt the sales of hte paper version, but it helps it. Sound familiar?

Thanks to Antares for not only telling me about the Baen free library but providing me the links as well.


3) Independent Author Robert J. Crane: Perma-Free Works


Indie author Robert J. Crane left a comment on my first post where he generously shared some of his sales figures. I have Robert's kind his permission to reproduce his comment here:
I have two books set to perma-free, the results are thus:

Released my first book [Defender] in June 2011. Between then and June 2012 I never sold more than low double digits (best month was something like 25 sales across 3 novels and 2 short stories).

Set my first series book free in my high fantasy series in July 2012, my urban fantasy series first book [Alone] permafree in September 2012.

July 2012: 169 sales
Aug 2012: 319 sales
Sep 2012: 1759 sales
Oct 2012: 2727 sales
Nov 1st to 20th: 3008 sales

Most of these are at $4.99 or their foreign equivalent. Hope this helps give a little inspiration or data to make a decision off of, at least.

Needless to say, I highly recommend perma-free. 
Wow! Look at that jump between August and September in terms of sales: 1,590 units more. That's over 5 times better than any of the previous months. And at 70% of $4.99 that's over $5,000.

Here are links to Robert's perma-free books:
- Defender: The Sanctuary Series, Volume One
- Alone: The Girl in the Box, Book 1

Here is an excellent article Robert J. Crane wrote about how he became a self-publisher: Why did I self-publish? He is one of the few writers I know who have a degree in Creative Writing.


Perma-Free: A Strategy Worth Trying?


I think so. The data I've seen so far is compelling: free works as a sales tool.

What do you think?

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NaNoWriMo Update: Well, I'm at 39,034 words. Whew! I tell you, that was not easy, it felt like the words were being pried out of me. (shiver) Hopefully the words will flow (versus wrestle!) tonight. I hope to have 41k done by tomorrow. :)

Other articles you might like:

- Rejection Enhances Creativity
- How Often Should A Writer Blog? Answer: It Depends On Your Goals
- Outlining: Kim Harrison's Character Grid

Reference Links:

- Thirteen Steps to Write and Publish a Free Ebook In Thirteen Hours (from Problogger.com)
- Baen Free Library
- A series of articles by Eric Flint on the topic of piracy and whether it hurts book sales (short answer: No!): Prime Palaver.
- Eric Flint: Salvos Against Big Brother. Towards the end (it's a LONG page) Eric shares his sales figures for Mother of Demons, a book he made free for electronic download around 2000. He shares several years of data and persuasively argues that giving the electronic version away for free helped  his sales.
- Note 1: "NOTE: Need sub-title" is the title. I guess it was a note to someone to get the article a title, but it was never done. Works for me! I also wanted to note that there is no direct link to this article. It is one of several that have been pasted together on a webpage. The only way to go from one to the other is by scrolling or searching on the name of the sub-title.

Photo credit: "Free Daddy and His Little Shadow Girls at The Skate Park Creative Commons" by Pink Sherbet Photography under Creative Commons Attribution 2.0.

Sunday, November 18

Writers: How To Use Permanently Free Books To Increase Sales

Writers: How To Use Permanently Free Books To Increase Sales

I discovered Lindsay Buroker's blog only within the last few months but within that brief time it has become one of my favorites. A couple days ago Lindsay posted an article I want to share with you about how to improve the sales of your books.


Don't Put All Your Eggs In One Basket = Don't Put All Your Books In Amazon


Don't put all your books in one estore even if that store is Amazon. KDP Select can be a wonderful tool to sell books, but it's not a good idea to keep your books in the program indefinitely.

Select can do wonders for increasing your book's visibility, but then experiment. Try out other venues. You can still keep it at Amazon, just not in KDP Select.

Don't misunderstand, I think Amazon is great. But none of us knows what the future holds. What if Amazon were to become less indie friendly? My mother told me to hope for the best and expect the worst.

Also, Kris Rusch has a great point: the more estores your books are in the easier it is for your readers to find them. If you want to turn readers into true fans then making it easy for them to buy your books is a good start. (See: Does Amazon KDP Select Drive Away True Fans?)


How To Market Your Books In Other Venues


Most venues, particularly Barnes & Noble, don't give books the same kind of exposure as Amazon, so what are the most effective ways to increase the visibility of your books in these less friendly markets?

Lindsay tried:

- the Nook Boards & Mobile Read
- the UK Kindle Users Forum (there's also the US Kindle Users Forum)

Lindsay used the forums to chat with readers and writers and she gave away coupons. She concludes:
In general ... I find forums to be a time sink. You can spend a lot of hours there and earn few, if any, sales. I generally only recommend forums for people who enjoy being a part of that sort of community anyway.

The Power Of Perma-Free


What ended up working for Lindsay was making one of her books permanently free and distributing it as widely as possible. People loved her work, went looking for more, and when they found her other books they were happy to pay for them. Lindsay writes:
What did make a difference for me, especially with Amazon UK and the international Apple stores, was having a book permanently free on those sites. I’ve talked a lot about this before, but I made my first Emperor’s Edge book (and eventually my first Flash Gold novella as well) free at Smashwords about a year ago. I had the freebies distributed through their partner sites, and Amazon eventually matched the price.

What took longer, but did eventually happen, is that Amazon UK (and DE, ES, IT, etc.) price-matched the ebook to free as well. That’s when I started seeing sales of my other books in those stores. It was a similar process for iTunes. It’s taken a while for the free ebooks to percolate through, showing up in the international Apple stores, but I’m now selling books every month in Apple AUD, DKK, GBR, etc. and am making between $1,500 and $2,000/mo overall in overseas sales.

A couple of tips:

- Make the first book of a series perma-free.

- Free works best if the book is permanently free. The only way to make your book free in certain markets is to offer it for free on a site like Smashwords. Price-matching bots/spiders will come along notice it's free, tell momma spider about it, and then momma spider will change the price on her site as well. This process can take months though.


The Benefits of making a book perma-free


- A huge benefit of using a perma-free book for marketing is that it requires no additional time investment on your part.

- Free book catalogs are the new libraries. As libraries continue to feel the economic crunch, more and more readers are using free book catalogs as though they were libraries to discover new authors. If they read your book and like it, they'll buy more.


It All Adds Up


You've heard of the death of a thousand cuts? The idea is that you can receive one cut and it's shallow and you bleed a little bit but that one cut is no threat to your life. If you receive a thousand of them, though, or tens of thousands of them, well, that's a different story.

It's the same with books, only in a happy way. You might only earn 10 dollars from one store over six months, 20 dollars from another, and so on, and by itself ... 10 dollars, 20 dollars, those amounts are negligible. They're not going to buy food for the day let alone pay the rent! But if you earn 10 dollars from 200 stores, well, then it begins to add up.


Perma-Free: An Experiment


I've blogged before about writing 15 novellas, 3 per series, and then bundling them into 5 series and offering them on Amazon though KDP Select. One advantage of this strategy is that a book would be free at all times.

Another strategy--and I believe someone suggested this in the comments--would be to permanently set the first novella of each series to free and offer them on every available platform. (See: How To Earn A Living As A Self-Published Writer)

The perma-free strategy would take longer. It takes time to get your books into all possible markets and it would take time for the first book/novella of each series to be set to free, but over time I could see it being more lucrative than keeping them all in Amazon's KDP Select Program.

If anyone has done this I'd love to hear from you!

All quotations have been from Lindsay Buroker's wonderful article: How Do You Improve Sales at Amazon UK, Apple Overseas Stores, and Other International eBook Sites?

Update: I wrote a squeal to this post a few days later: Using Permanently Free Books To Increase Sales: Part 2

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NaNoWriMo Update: I'm at 32,462 words, a bit short of the 33k I was aiming for. I'm going to try and make that up tonight and have 35k done by the end of the day. * crosses fingers! *

Other articles you might like
- The Nature of Creativity: Science And Writing: Don't Edit Yourself
- Pixar Luminary Andrew Stanton's TED Talk: Make Your Reader Care
- Time Management For Writers: Nanny For Chrome

References
- Self-Publishing Success Stories. I didn't directly refer to this in my article, but it's an amazing list! Here you'll fund hundreds of indie publishing success stories. Inspirational!

Photo credit: "Campos de cultivo" by www.jordiarmengol.net (Xip) under Creative Commons Attribution 2.0.