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The Steve Laube Agency

The Steve Laube Agency

Helping to Change the World Word by Word

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Home » Book Business » Page 25

Book Business

How Readers Make Decisions What to Buy

By Dan Balowon September 30, 2014
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I hope you aren’t disappointed in the promise that I appear to make in today’s headline… I do not have the definitive, magic formula to successfully convince people to buy your book.  Like building an author platform, the answer is actually boring and possibly frustrating if you are in a hurry to be a success at writing. (It is always a good idea to lower expectations at the outset of anything (which I learned being a lifelong Chicago Cubs fan).

What I do know is that regardless of other changes in publishing, one factor remains constant for not-yet-known authors or unfamiliar books:

People buy an unfamiliar book primarily based on recommendations from others.

The strength of credibility for that recommendation might vary depending on whether it is a close friend, respected authority or an anonymous online review, but still, buyers do not buy in a vacuum.  They are influenced by someone else.

Unlike last week when I outlined how decisions are made by agents and publishers (quick and subjective), readers make the decision to buy a new book based on what they were told.  While you can’t tell a book by its cover, you most certain will buy it without reading it first. So, we rely on others.

“I heard this was a good book.”

“My friend said I should read this.”

“My pastor recommended this book.”

“I heard the author interviewed”

“This is the best book I’ve read on this subject.”

Consumers are careful with their money. They pay attention to what other people say. Libraries are good for low-risk testing of something, but buying a book is an entirely different process.

An author friend of mine tends to ignore reviews from media and other professional reviewers because, “I don’t pay attention to anyone who gets their books for free.”

When someone puts down their own money to buy a book and still recommends it, greater weight should be given that review.

After you buy a first book from a certain author, whether you will buy their next book or not is based on your reading experience. It’s how any business, TV program, church or anything depending on repeat business grows…you need to make people want to come back and recommend it to others.

Every successful first book from an author is built in the same way. First-readers liked it and mentioned it to friends.  Media or well-known endorsers help to get the ball rolling to an extent, but no marketing campaign carries the power of a trusted friend recommending a book.

Authors who self-publish live in the same world as those traditionally published. They still need to impress a small group of people enough for them to recommend it to someone else.  It is how any business is built, whether you clean rugs for a living or write books.

Furthermore, using a business principle not specific to publishing, but still true, selling price should not be the most compelling argument for someone to buy your product over another.

Do you want to be the best rug cleaner in your area or the cheapest?

Do you want people to read your books and be positively affected by them or be able to say you gave away 40,000 free ebooks?  (Just because 40,000 people downloaded it doesn’t mean that number read it. I am not against “seeding the market” with a price promotion, but it is very limited and should result in increased paid downloads.)

Sometimes the answer to the above questions is “both”, but not usually. In general, you choose one or the other. The road to success in writing or rug cleaning is a slow process of one step at a time. Impress one, which then becomes two, then four, eight, sixteen, thirty-two, etc.

There are no shortcuts to success that lasts.

 

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Category: Book Business, Book Business, Book Sales, Branding, Marketing, The Publishing LifeTag: Book Business, Book Sales, Word of Mouth

How Publishers Make Decisions

By Dan Balowon September 23, 2014
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We all agree that book publishing is changing fast. New technology, new formats and new ways to sell books have changed everything.  Well, almost everything. One thing has not changed…the fundamental way decisions are made as to what new authors an agent represents and publishers publish. It has always been and remains people making quick, subjective decisions (aka QSD). A number of years ago I …

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Category: Book Business, Book Proposals, Career, The Publishing LifeTag: Book Business, publishing, The Publishing Life

Justin Beiber and Leisure Suits

By Dan Balowon September 9, 2014
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Recognizing the difference between a cultural “trend” and a “phenomenon” is an important skill of anyone working in book publishing, both employees of publishers and authors. Why? Because book publishing in virtually every form does a very poor job responding to a phenomenon, which is generally short-lived. Often a phenomenon has come and gone before a book can be written and published on the …

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Category: Book Business, Branding, Creativity, Marketing, The Publishing Life, TrendsTag: Book Business, The Publishing Life

Is it Possible to Read Too Much?

By Dan Balowon September 2, 2014
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Amidst all the public voices and rhetoric swirling around these days is a healthy focus on the need to make reading more a part of every life.  From celebrities sponsoring reading campaigns to Amazon providing pre-loaded Kindles to schools in Africa through their Worldreader  program, it is a good thing for sure. Illiteracy is not good for any society. However, I asked a question in the title of …

Read moreIs it Possible to Read Too Much?
Category: Book Business, Book Review, Reading, TrendsTag: Reading

Mao and the Four Pests

By Dan Balowon August 26, 2014
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In the late 1950’s , Chairman Mao Zedong of China implemented the first stages of his Great Leap Forward, an effort to move China away from a predominantly agrarian society to a modern industrial and political power. One of the first parts of the GLF was the Four Pests Campaign. The Chinese government identified four scourges on their society and set out to eradicate them.  They were: rats, flies, …

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Category: Book Business, Career, The Publishing LifeTag: Career, The Publishing Life

Publishers are From Mercury, Authors are From Pluto

By Dan Balowon August 19, 2014
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Next time someone tells you that Christianity is not as valid as science, just remind them that not many years ago, Pluto was assumed to be a planet, but in 2006 was determined not to be one, but instead was a “dwarf planet”, of which there a several dozen in our solar system alone. If you took a test in grade school and answered, “How many planets are there in our solar system” with the number …

Read morePublishers are From Mercury, Authors are From Pluto
Category: Book Business, Career, Communication, The Publishing LifeTag: Authors, Book Business, publishers, The Publishing Life

Discoverability

By Tamela Hancock Murrayon August 14, 2014
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One of the buzzwords you hear in publishing today is discoverability. Authors must be discovered by potential readers. To that end, even though obviously selling a car is much different from selling a book, I still think we might be able to learn some lessons from Maserati. I hadn’t thought about this automobile company except with the vague idea that they are an iconic Italian race car …

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Category: Book Business, Branding, MarketingTag: Branding, Marketing

8 Things Authors Should No Longer Ask Their Publisher

By Dan Balowon August 12, 2014
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Publishing is changing faster than ever before.  Book publishers have been wrenching to find new business models that make them more flexible, efficient and adaptable to the realities of the digital publishing age. Within this fast-change world, another group who has felt the pain of shifting tectonic plates are authors who have been around publishing for ten or more years.  Some issues that used …

Read more8 Things Authors Should No Longer Ask Their Publisher
Category: Book Business, CareerTag: Book Business, Career, publishing

Etch-A-Sketch Living

By Dan Balowon August 5, 2014
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Like everyone else in the world, I had an Etch-A-Sketch when I was young. When my wife and I had kids, we bought one for them as well. (You really only need one in the house) I have great admiration for anyone who could draw anything resembling anything identifiable on it, since the only thing I could draw were stairs. The best part of an Etch-A-Sketch was also its worst.  If you messed up on a …

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Category: Book Business, The Publishing Life, TheologyTag: Faith, The Publishing Life

Publishing in the Rear View Mirror

By Dan Balowon July 15, 2014
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Every author, either self or traditionally published would like to write a book that sells today, but also tomorrow, next week and next year. Book publishing in all of it’s forms is the art of trying to predict what readers will want to buy in the future. I use the term “art” to describe publishing because no one who has been involved in book publishing for more than two weeks thinks it is 100% …

Read morePublishing in the Rear View Mirror
Category: Book BusinessTag: Book Business, Publishing History, The Publishing Life
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