Showing posts with label Sales. Show all posts
Showing posts with label Sales. Show all posts

Friday, 30 May 2014

A Change in Cover: Marketing

Last month, I released my first women's fiction novel, The Sound of Crickets. The idea is original, the characters easy to relate to, and the book has been receiving great feedback, both with reviews, and with readers contacting me to tell me how much they loved the book. I even had one reader plan out the whole sequel for me and she had some good ideas, too!

But I always knew this book would be a hard sell. The readers I've built up over the past four years are fans of paranormal romance, and The Sound of Crickets doesn't have a single vampire or werewolf in it! This is the reason it took me so long to get the book out. I always knew I would be dipping my toe into a whole new market of readers.

And I was right. Sales on the book have been disappointing, and I even ran some advertising this week and received far fewer sales than I expected. When this happens, my first instinct is that something needs to change, and the main thing that probably needs changing is the cover.

So that's what I've done. This is the original cover:


I like it. It relates to the book, I think it's fun and quirky, and is bright enough to catch the reader's eye. But for some reason, it's not working. So I've decided to go less Lisa Jewell, and more Jodi Picoult, cover-wise.
This is the new cover:

Completely different, right? A bit more contemporary, while still relating to what the book is about. I'm hoping it will do what I want, and help the book's sales. Only time, and probably a bit more marketing will tell!

You can buy The Sound of Crickets at Amazon!

Tuesday, 22 April 2014

Is Facebook Over? Sharing my Advertising Stats!

Every author is told that they need to build an author platform, and they need to have done so yesterday! Platforms can be built via blogging (just like this!), or using social network sites such as Facebook, twitter, Linkedin, Pinterest, and any number of others. It's impossible for an author to successfully manage all of these and still find time to write, so it's best to select a couple and be as present on those as possible.

For me, Facebook has been the platform of choice. I spend a lot of time of Facebook, not just working, but staying up to date with the lives of my family and friends.

There have been a lot of mutterings lately about how Facebook has changed the reach of posts to people who have liked pages. The idea is that Facebook reduces the reach in order to get the owners of the page to pay to get the post out to those who have already liked the page. This can be done via 'boosting' a post, which can cost anywhere from £1 to £90, depending on how many people you want to reach! The trouble is that the 'reach' Facebook promises you is only an estimate and can be wildly out in its numbers. I am a fairly regular user of Facebook. It's been my method of choice to communicate with friends and readers alike. because of this, I have used both their advert option, together with 'boosting' a post, and then simply posting as normal. Last week, I launched my new novel, The Sound of Crickets, and so ran an advert, together with boosting a post. But something I noticed was that when I went to write my normal posts, all of a sudden, no one was seeing them. When I say no one, I'm talking about 80 people from my approximately 3500 likers! My first instinct was that Facebook wasn't showing my posts to people because they already had my money! So I cancelled my boosted post, and numbers of my regular post went up slightly, to around 300 likers.

One thing I have noticed is that if you can post something your readers can get involved with, naturally, more people will see it. One of my biggest reach posts lately have been about naming a character in one of my books. That reached 1,150 likers, and that was with a single penny being spent.

So I thought it would be interesting to put together a bit of a study about my latest posts and check out the reach. This will include boosted posts, and what the payment was, and how many additional likes or comments it gains. Here are the results!

Boosted post, cover reveal: £3.00 spent. 2373 people reached, 49 likes, 17 comments, 8 shares.
Boosted post, giveaway: £12 spent. 3178 reached, 59 likes, 48 comments, 8 shares.
Boosted post, book launch £0.59 spent. 19 likes, 0 comments, 8 shares
Image post, 684 reached, 0 comments, 45 likes 0 shares
Image post, 313 reached, 11 likes, 10 comments, 3 shares
Image post, 366 reached. 18 likes, 5 comments, 0 share
Engaging post*: 1150 reached, 14 likes, 50 comments, 0 shares
Engaging post: 721, 17 likes, 32 comments 0 shares
Engaging post: 802 reached, 12 likes,30 comments, 0 shares
Shared link: 182 reached, 3 likes, 1 comment, 1 share.
Shared link: 146 reached, 8 likes, 2 comments, 1 shares
Shared link: 80 reached, 3 likes, 0 comments, 0 shares.

Now I know this is a small handful of statistics, and wouldn't win any study awards, but I think from this small handful that the results are pretty clear. Shared links don't seem to have much impact on facebook at all (at least, not for me!). Images posted will be seen by about 10% of my likers, sometimes more. Engaging posts have the biggest reach at about 20% of my likers, with the most comments, but they tend not to be shared. Boosted posts obviously have the biggest reach, and they also tend to have the most shares, but whether this is because I tend to only boots posts that are 'newsworthy' ie. book sales, new releases or book covers, this may be purely down to the nature of the posts I choose to boost.

I still think facebook is the best way to reach readers via a social network. I have about the same number of followers on twitter as Facebook, yet when I post something on twitter, I'm lucky if I get one or two responses. So, even though Facebook are being money grubbing b****ds, in my opinion, Facebook is still the best way to engage with readers. Even better is if you post things that get your readers involved - asking them opinions about character names, book covers, even plot directions.

Facebook may want your money, but you don't have to give it to them. By asking the right questions, and being engaging, you can still reach the people who like your author page.

What about you? How have you found Facebook's new regime? Do you have any tips for engaging readers on your page? I'd love to hear them!

*a post where I've asked for opinions or ideas

Tuesday, 15 May 2012

The End of my Affair... (With KDP Select!)

As I've mentioned in a previous post, the effect of KDP Select on boosting sales has been getting less and less as the months pass. Even those books still getting decent download numbers don't then go on to see the huge spike in sales that we were seeing at the start of the year. Apparently this has something to do with a change in algorithms or some kind of other technical thing that Amazon has in place (which I don't fully understand!).

Because of this, I've made the decision to remove my books from the program at the start of next month. I've been  in KDP Select since the moment it started, and I've definitely made some money and gained a great number of readers from the program, but I'm no longer in a place where it fits with my plans.

Last month we made $2.48 for every borrow, which is great as long as your book is priced at $2.99 or less. Any more than that and the author earns less per borrow than per sale. This amount has gone up, which means there are fewer authors in the program and fewer borrows, so the pot is being divided between a smaller number.

Don't get me wrong - I still think 'free' is a great promo opportunity and there are still authors (particularly those who are still trying to build up a reader base) who will benefit from KDP. However, I no longer think I'm one of them. I have several books out which are now permanently free, but the payoff of being exclusive to Amazon now simply isn't worth the five free days they offer. The freebies I have are across most sites (Barnes & Noble, Apple, Smashwords) and over the recent months I've watched my sales increase as a result of this. I regularly have readers contacting me, asking for my other books to be available on those sites as well, so I'm going to bail.


As I mentioned, my opinion on 'free' as a promotional tool hasn't changed. I plan to put a freebie out next month entitled 'Go Back' which will be a short story prequel to my novel 'Underlife' (due out in August). But unless Amazon comes up with something new and shiny to keep me interested, I'm afraid my love affair with KDP Select has come to an end.

Thursday, 8 December 2011

The Arrival of KDP Select: What Does it Mean for Authors?

I woke up this morning to do my usual routine of sales checking, but when I logged onto Amazon KDP (the digital publishing platform that allows authors to publish eBooks direct to Amazon) I found a big sign with gold letters announcing '$500,000 available for December' staring back at me.

My first thought was that I'd won some kind of Amazon lottery (honestly, that's what the sign looks like - and I suspect that is not accidental!) but then realized that probably wasn't the case, so I looked into things further.

Basically, Amazon Select is a lending library set up through Amazon. To enrol books, the titles must be exclusive to Amazon for at least 90 days. They're allowed to be published in paperback and sold elsewhere, but not in digital format. The publisher of this book will then receive a percentage of the amount of money in the pot (for December it's $500,000, but next year they say it will be $6 million) according to the number of times a customer has borrowed the book.

So, the good points:

  • Hopefully more money. It's another avenue in which to make royalties. Here is how Amazon explains it (though I think they've aimed high). 


For example, if the monthly fund amount is $500,000 and the total qualified borrows of all participating KDP titles is 100,000 in December and if your book was borrowed 1,500 times, you will earn 1.5% (1,500/100,000 = 1.5%), or $7,500 in December.

  •  You'll also be allowed to make your book free for 5 days, so introducing your work to a whole heap of new readers (that is, if you don't already have free books on Amazon). 
  • The exclusivity is only for 90 days, after which time your book will be able to be sold on other site.
And here are the bad bits.
  • First of all, there's the exclusivity thing. I've often worried about the amount of control Amazon already has on an author's income. As it gets bigger and bigger, Amazon is effectively becoming a super-publisher, just without the quality control of acquisitions or editors. If something happened to Amazon (or it suddenly decided to pull all of my titles) I'll have lost about 75% of my income. Creating exclusivity only gives Amazon even more power. 
  • A member of Kindle Owners Lenders Library will only be able to check out ONE book a month. This tells me the customer is going to be pretty picky about which title they choose. Are they really likely to chance that one title on a newbie, indie author? 
  • Will it affect sales in the regular kindle store? If people can borrow the book for free, are they less likely to fork out the money to buy it?
  • Once you sign up, you've got 3 days to change your mind, but then you're tied in for 90 days. Amazon then automatically re-signs you up for another 90 days once the first period has finish, UNLESS you go in a check a box on your bookshelf to say you don't want this to happen. Amazon does say they will send you an email 15 days before renewal, but we all know how easy it is to miss these things.
So what have I decided to do? Well, I'm in the lucky position of having numerous titles, two of which are new this month and as of yet (other than Amazon) are only available to buy on Smashwords. So this morning I've unpublished them from Smashwords and enrolled them in Amazon Select. This isn't too big a deal for me because sales on Smashwords are always small. The titles I've enrolled are two short story collections--one in my Marissa Farrar name, and one in M.K. Elliott. Choosing short story books could work against me. People are probably less likely to borrow the short story titles than if I'd enrolled my novels, but I didn't want to take that kind of risk just yet.

For now it's just a case of 'wait and see'. To be honest, I'll be surprised if I get many people borrowing my books at all, but I guess it depends on what my competition is. Either way, I'll be sure to report back and let you all know how it's going and whether it's worth enrolling in KDP Select.

~*~
Marissa Farrar's dark vampire 'Serenity' series, is available to buy from Amazon and Barnes & Noble. Just click on the links to purchase the first in the series, 'Alone', for only $0.99.

Thursday, 15 September 2011

Work Hard and be Patient!

This is the motto I've been telling myself this week.

I'm now about two and a half weeks into the relaunch of 'Alone' and sales have been steady. I've worked out that I've sold about 140 copies since the launch, which is pretty good, but could be better. This time last year I would have been thrilled at that number but things have changed.

Last week I received a royalties statement for my M.K. Elliott name (a pen name I write romance and erotica in) and learnt that I'd sold over 10,000 books within the first five months of releasing my first title. That first title hit the #1 spot for Erotica on Barnes & Noble within a week of being launched and no one was more surprised than me! Since then I've had a number of titles hit the bestseller list on Amazon (two of which are still there and have been for several months now).

Because I've seen this success in my other name, it makes things so much more frustrating in my 'real' writing. I so desperately want my novels to see the sorts of sales my other work has but I know its going to be a much slower process. I've still got four titles which will be released between now and next Easter, all of which are written, they just need a final edit on my side and to be professionally edited. I've also got a short story collection, 'Apocalypse Ever After,' which I hope to have out in the new year.

So my marketing strategy is going along the 'flood the market' tactics. Sure, I'm also guest blogging and sending my books out for review, plus running f/b ads. I'm also hoping some clever pricing and free reads will boost sales.

Anyway, here is the cover for 'Buried'. What do you think guys? The image has once again come from the very talented Rebecca Treadway and I'm thrilled with how it turned out. It totally captures the whole feel of the book.


Right! Back to work!