Two weekends ago I attended the Sell More Books Summit in Chicago. I’m still trying to catch up from being gone, writing-wise, but it was a wonderful experience.
It was hosted by Bryan Cohen and Jim Kukral, hosts of the Sell More Books Show Podcast. I recommend listening to this as they go through the top indie publishing news of the week. While I was too shy to introduce myself, it was fun to see them in person.
There were a lot of speakers, and even though I stay in tune with the self-publishing industry, I picked up a few things I’ll pass on to you!
- Amazon Ads are only good if you’re in Kindle Unlimited.
This actually might be a no-brainer to some of you, but I just pulled my books out of Select and all my thoughts had been focused on Amazon.
When you run ads on Amazon, you are going for the double-whammy: sales and page reads. If you are wide, you’re leaving out a big chunk of potential readers if your marketing strategy is centered on Amazon Advertising.
It’s a mind shift, for sure, but something I didn’t realize until the summit. Now that I’m wide, I’ll forget Amazon Advertising ads and focus on other methods with a wider reach.
- You need to write a series.
I always knew that, but it’s different when people who are actually making money off their books tell you that.
A series is good for marketing (pricing a first in series permafree for instance) and a rapid release can keep your momentum going. I don’t like writing a series, but being I’m about 1/2 done with a four book series, I’m taking my own advice when I preach writing to market. I prefer writing standalones, but I understand where a series is beneficial, and after a couple standalones to cleanse my palate I’ll get back on the series horse.
- You can make it wide, it will just take a mindset shift and a lot of patience.
There was a wide panel that consisted of representatives from Draft2Digital, PublishDrive, and Kobo. During this panel, they did say you could make it wide, and that’s what I needed to hear at this point in my writing journey. I’m not making sales on the other platforms yet, and my KU pages reads have dried up, what few of them there were. It’s a scary place to be. So it was nice to hear that with patience, going wide won’t screw me over. Just the opposite in fact–going wide can double your income.
(For a good read on being exclusive and going wide, read this article by PublishDrive. :))
- But you won’t make it with one book if you’re wide.
If you’re all in with Amazon and you have one book, you may be able to make some money. Jami Albright spoke about her publishing journey. She writes romantic comedy, and she’s published a series. She didn’t do a rapid release though, and she bought ads for a single book and did very well. When asked what she would do differently, she said she would have had book two done and ready to go. She might have made more with momentum, but she was still able to sell book one when it was her only one. If you want to check out her books, click here for her Amazon page. She’s in KU and said she has made 65%+ of her income with KU page reads. (And yes, she is one of those 6-figure authors we all hear about but never meet!)
Wide is a different story. You need to think of your book as a storefront. If you went into a store and saw only one item on a shelf, you’d think that store was going out of business and you would high-tail it out of there. It would be even worse if that item is old and covered in dust. Which is what your book looks like if it’s the only one you have and it was published some time ago. You need to keep filling your store with stock or you won’t lure customers to shop there.
This is also difficult if your book isn’t up to standards. Then not only are you trying to sell a single time, that item is broken. Thinking like a customer, do you want the choice of only one damaged item? No. You’ll go to another store–and to a reader, that other store is a different author.
- Readers are different.
Readers in KU plow through books. These readers aren’t developing a relationship with you. They gobble up content and move on to the next book, and you don’t care because you were paid for the page reads and nothing else matters.
The team on the wide panel said you are more apt to develop relationships with your readers because they shop for books and read in a different way than readers who borrow books in KU.
I don’t know if that is true or not. Perhaps that is why the newsletter concept is so heavily pushed. I know plenty of KU authors with huge mailing lists, and maybe that is their way of connecting with readers when they are all in with KU.
I know when they say readers are “voracious” they mean they are plowing through books, maybe even one a day. I used to read like that when I had the time. I used to read Harlequin Temptations and Desires by the armful when I could get my hands on them at the second-hand shop for twenty-five cents a piece. It didn’t matter who wrote it, I just consumed the story and went on to the next. I can tell you what I did do, though. I eventually learned who I didn’t like.
Anyway, whether you believe this idea or not, you need more than one book if you’re wide. Giving readers more to gobble up will always be a smart idea, whether they remember your name or not.
- You need to offer more than a book. Coincidentally, I wrote just wrote a blog post about this very thing, and you can read it here. Chris Fox, during his talk, took it one step further. You need MORE. When you write in a series, you can offer a map and pinpoint where things take place in the story. You can offer pictures of what you envision their houses to look like, or the city they live in. Already authors add extra content to their back matter. Chris had special coins made in the currency of the world he writes in, and he is going to hide them around the city where he lives. Then he is going to create a geo-caching game that will allow readers to find them and keep them as a keepsake for his series. Not everyone has the funds or knowledge to do something like that, but his point was, going forward into 2020, you’re going to need more.
Those were the main takeaways for me from the summit. Admittedly, I knew a lot of what they were talking about since I listen to their podcast, and if anyone follows self-publishing news, then you know releasing quality content on a regular basis is a must for any author, in wide or KU, and that is going to be the backbone of your author business.
There was an interesting juxtaposition that occurred to me while I attended the summit. The summit was sponsored by Vellum, Draft2Digital, PublishDrive, BookFunnel, and Kobo. It’s interesting to me that some of the bigger names of the summit who have made it with their books are in Kindle Unlimited. Chris Fox, Jami Albright, Bryan Cohen. The writing duo J. Thorn and Zach Bohannon. Cecilia Mecca. Elise Kova. I wonder if anyone thought about the fact that the summit was sponsored by companies that help indies go wide, while the big-named authors who spoke at the summit are in KU.
I’m not suggesting anything, of course. There’s nothing to suggest. I find it unlikely that Amazon would sponsor a writing summit, and there were a few writers there who are wide. It just makes me think a little, that’s all. Like, if there is such good money to be had going wide, why aren’t they doing it? Sure, there are authors making lots of money being wide like Joanna Penn, Mark Dawson, Adam Croft–who is a big advocate of going wide. There are some that do a mix–have some books in KU and some wide. I would just keep my eye out and see if the top authors in your genre are wide or if they are in KU. If they are, and you want to try to copy their success, are you comfortable with allowing Amazon full control over your royalties? It’s food for thought. It makes me think about going wide, and if that was a good move. It’s tempting to want to exploit KU since it seems like good fast money if you have a decent backlist and a little money to play with for Amazon Advertising. We’ll see.
If you are interested in going to the summit next year, Bryan announced he would not be part of it (though he is speaking) and the summit is now going to be part of the Career Author with J. Thorn and Zach Bohannon. It will be taking place in Nashville in 2020, and it looks like tickets are already on sale. You can click here to find out more information about the summit of 2020. I heard that Joanna Penn will be there, so if wanting to meet her is any incentive, sign up now!
Would I go to another summit? Maybe. I feel like it was more of a networking opportunity than anything else, and since I’m shy and very much an introvert, I didn’t meet as many people as I wanted to. That’s my own fault of course, but paying $399-499 to sit in a corner isn’t the best idea. I’d like to try to go to the 20booksto50k convention that’s held in Las Vegas hosted by Craig Martelle and Michael Anderle. (But again, they are big supporters of KU.) But because of personal issues, a summit next year may be out of my reach anyway. It takes money and time to attend, and I’m still kicking myself for not making the most of my time at this event. Especially with the open bar.
You never know. But if YOU have an opportunity to attend, you should go! And say hi to Joanna for me!
Until next time!