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The Ebook Revolution and the Future of Publishing

Aug 11, 2014

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Business

Tom Corson-Knowles shares data, insights and information about global ebook sales and the future of publishing.
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Page 1: The Ebook Revolution and the Future of Publishing

THE E-BOOK REVOLUTION AND THE FUTURE OF

PUBLISHINGby Tom Corson-Knowleswww.TCKPublishing.com

August 2, 2014

Page 2: The Ebook Revolution and the Future of Publishing

SUCCESS IS A NUMBERS GAME• If you don’t understand the numbers,

you won’t understand what’s happening

• The more you know, the better decisions you will make

• You don’t need to memorize the numbers; just understand the big picture

Page 3: The Ebook Revolution and the Future of Publishing

MY STORY

Page 4: The Ebook Revolution and the Future of Publishing

TCK PUBLISHING

Our goal is for every client to earn a full-time income from royalties

Page 5: The Ebook Revolution and the Future of Publishing

SALES DATA ISSUES

• Not comprehensive / biased

• Huge variations in sales and growth among genres, niches and countries

Page 6: The Ebook Revolution and the Future of Publishing

KINDLE SALES GROWTH

Page 7: The Ebook Revolution and the Future of Publishing

TABLETS DRIVE GLOBAL EBOOK GROWTH

Page 8: The Ebook Revolution and the Future of Publishing

EBOOK GROWTH

Page 9: The Ebook Revolution and the Future of Publishing

LONGER OR SHORTER EBOOKS?

Page 10: The Ebook Revolution and the Future of Publishing

AUTHOR PROFITS

• $2.06 from a $2.99 self published ebook

• $2.00 from a $24.99 traditionally published Hardcover

Page 11: The Ebook Revolution and the Future of Publishing

SELF-PUB VS. TRADITIONAL

Page 12: The Ebook Revolution and the Future of Publishing

AUTHOR EARNINGS BY GENRE / PUBLISHER

Page 13: The Ebook Revolution and the Future of Publishing

EBOOK BESTSELLERS ON AMAZON

Source and photo credit: http://authorearnings.com/july-2014-author-earnings-report/

Page 14: The Ebook Revolution and the Future of Publishing

MY SELF PUBLISHED SALES

• 100,000+ sales

• Ebook 89%

• Audiobook 9% (monthly)

• Paperback 1-2%

Page 15: The Ebook Revolution and the Future of Publishing

HOW MUCH DOES IT COSTTO SELF PUBLISH?

$5 to $5,000

Page 16: The Ebook Revolution and the Future of Publishing

PACKAGING

• Title

• Cover

• Book Description

Page 17: The Ebook Revolution and the Future of Publishing

WHICH BOOK SELLS MORE?

vs.

Page 18: The Ebook Revolution and the Future of Publishing

DISTRIBUTION

• Amazon, iBooks, Nook, Kobo, Smashwords, Google Play

Page 19: The Ebook Revolution and the Future of Publishing

KINDLE UNLIMITED (KU)• $9.99/m for “unlimited” ebooks

• 600,000+ titles

• Can have 10 books at a time on your device

• Authors paid out of a pool of money when customer reads 10%+

Page 20: The Ebook Revolution and the Future of Publishing

DOES FREE PAY?• Smashwords 2014 Ebook study showed

fiction series with the first book free earn more money overall for the author

• Consider enrolling book 1 of a series in KDP Select to get more free downloads via KU and get paid for it

Page 21: The Ebook Revolution and the Future of Publishing

PIRACY• Piracy can help sales of new / unknown

authors and tends to hurt sales of established/mainstream authors

• DRM isn’t working, and most savvy self published authors choose to not use DRM at all

Page 22: The Ebook Revolution and the Future of Publishing

FILE MANAGEMENT• All books are now files (physical, ebook

and audio)

• File management is a crucial business system

• Dropbox.com, Box.com, flash drives, etc.

• Use redundancy to minimize risk of catastrophic loss

Page 23: The Ebook Revolution and the Future of Publishing

WHAT DOES IT ALL MEAN?• Most self published authors earn the

majority of their income from ebooks

• Self published authors are dominating Romance ebook sales, and doing well in all markets

• Ebook and audiobooks are growing, physical book sales are declining globally

Page 24: The Ebook Revolution and the Future of Publishing

FREE SELF PUBLISHING TRAINING COURSE

• Learn everything you need to know to self publish the right way

• Get key insights and a step-by-step guide on marketing your book and building an author platform

• It’s all free at www.EbookPublishingSchool.com

Page 25: The Ebook Revolution and the Future of Publishing

QUESTIONS?