By Dennis Meredith
With the explosive growth of the market for e-books and e-readers, writers find themselves considering whether they should publish an e-book or e-article. While e-books represent a potentially liberating and profitable outlet, they have their complexities and pitfalls.
Importantly, none of these sites is exclusive, so you don't have to pick one place to publish and sell. You can do it everywhere!
There are, however, exceptions. Amazon's Kindle Select Program enables self-publishers to offer their books for lending. Depending on how many people borrow their books, they could be eligible for royalties from a Kindle fund. However, Amazon demands a 90-day exclusivity, which has drawn complaints from some publishers. However others, including suspense author Cheryl Kay Tardif, report that making some titles available for free significantly sparked sales of other books.
Another piece of good news is that e-book royalties are considerably higher than for print books produced by traditional publishers. For example, Kindle offers a royalty of 70 percent; and Smashwords offers a royalty of 85 percent for sales on its site, and 70.5 percent for sales on affiliates such as Apple and Barnes & Noble.
Besides selling your ebook through commercial sites, you can also sell it directly to readers through your web site, using ebook sales services such as Gumroad, E-Junkie, ClickBank, and Ganxy. Each of these sites has a different charging structure, but basically, you pay a fee to sell your ebook, although you end up receiving a greater percentage of the sale price than through the commercial sites. However, this selling model assumes that you have a marketing plan to attract readers to your site, given that you don't have the platform of Amazon or Smashwords.
Marketing their ebook is a major challenge for many ebook publishers, and this analysis by Smashwords should prove useful. Among other things, it reveals what price points yield the best sales. For example, it shows that $3.99 ebooks sell better than $2.99 ebooks, and there is something of a "trough" around $7.00.
For other discussions of e-books, see Wikipedia's comprehensive overview of e-books and their pros and cons and this article from The Science Fiction Writers of America.
Still a minor market
Now the bad news: Although sales of e-books are growing rapidly, they are still not a major percentage of the overall book market. That mass market still belongs largely to print books, although Amazon reports that its Kindle e-book sales now surpass all its print book sales. However, given that the cost of e-readers will continue to drop, most forecasters believe e-books will ultimately become the major publishing medium overall.
If you write nonfiction, there is the bad news that less than 20 percent of e-book sales are for nonfiction; but that's good news for fiction writers, who garner about 80 percent of the e-book market.
E-books are also not yet part of the publishing mainstream. Don't expect your e-book to be reviewed by The New York Times or any other major media outlet. Such lack of reviews is not necessarily terrible news, however, because fewer media outlets are reviewing books, anyway. Readers are relying far more heavily on reviews by fellow readers on Amazon and other sites. And you can solicit those reviews yourself, rather than submitting your book to the traditional media reviewers.
Perhaps the most cautionary news, however, is that the low cost of producing e-books has resulted in mountains of "e-dreck" — badly written and badly edited books that clog the marketplace and turn readers off.
So, before you make a decision to e-publish, you should develop a comprehensive, targeted marketing plan to determine how or whether you can distinguish your work from e-dreck. If that marketing plan really doesn't reveal a significant market for your work, reconsider whether you should publish at all. Of course, if your e-book is a freebie to advertise your business, you wouldn't expect to earn income from it, anyway.
Also, consider whether you should publish only an e-book, or make it an adjunct to a self-published print version. A very popular self-publishing model is to use Lightning Source or CreateSpace to produce print-on-demand (POD) books, and to create e-book versions for the many outlets. For example, I used Lightning Source to print my booklet Working with Public Information Officers as a supplement to Explaining Research. I also posted the text of Working with Public Information Officers online.
While Lightning Source does offer an e-book publishing option, it does not distribute to the major outlets. Among the best sources of advice on POD are Aaron Shepard's book POD for Profit and this article by book designer Pete Masterson on the business model for POD.
For a good overview of best practices for e-book production and sales, see this article from the independent publishing group SPAN and the Kindle e-book by James Matthews, How to Make, Market and Sell Ebooks - All for Free. And for a view of the future, see book marketer Penny Sansevieri's article The Next 10 Ebook Trends to Watch For.
Publishing e-articles
Besides publishing book-length manuscripts, you can also publish and sell e-articles. Major e-article outlets include Kindle Singles, Apple Quick Reads, and Smashwords Shorts. Kindle is perhaps the largest such e-article outlet. Helpful resources for publishing Kindle Singles include Larry Dignan's review My Amazon Kindle Single publishing experiment, Megan Garber's article 1,900 copies: How a top-selling Kindle Single is generating new audiences for ProPublica and the Kindle book How to Publish and Sell Your Article on the Kindle: 12 Tips for Short Documents.
Rather than publishing your article on one of the e-book sites, you might also consider e-article web sites. Popular e-article sites include The Atavist, Byliner, Longform.org, Scribd and the "e-reading communities," Wattpad and Figment. Each of these has a different publishing model: The Atavist charges readers for articles, Byliner links to articles from other sources, and Longform.org and Scribd offer free articles. Wattpad and Figment host free e-books and e-articles by untried authors, who can receive coaching and criticism from readers. Once an author feels his/her work is ready for commercial distribution, it can be published on Smashwords (a Wattpad partner) or another ebook distributor.
Besides article publishing sites, there are also article syndicates that provide articles free to other web sites and blogs. Such syndicated articles are mainly how-to pieces aimed at promoting a web site, service or business. Syndication sites include Articlecity.com, Ezinearticles and Goarticles. John Kremer, author of 1001 Ways to Market Your Books offers a listing of free article directories and online article sites. This site also includes fee-based services and software that claims to enable writers to produce and syndicate free articles.
Avoiding layout pitfalls
If you are seeking to create an e-book, the first challenge is figuring out the confusing welter of e-book formats. Each has its benefits and drawbacks, as outlined in this Wikipedia article. Here's a good article that compares the three major formats and concludes that ePub is the winner. The safest bet is to produce your book in the formats preferred by the outlets you want to use — for example the .mobi format used by Kindle. Also, you can use such distributors such as Smashwords to convert your book into multiple formats that will serve a range of outlets.
Another complexity is that laying out any e-book is quite different from laying out a print book. Unlike a print layout, an e-book layout allows text to "flow," according to the screen size. Also, readers can customize font size, font style and line spacing. So, page numbers are meaningless in e-books, and it is difficult — sometimes impossible — to control the placement of images, footnotes, endnotes, columns, tables, superscripts, subscripts, and other design elements. And given the low resolution of e-book screens, images will not be as crisp as in print.
If you do your own layout, some sites, offer authors substantial formatting help. These sources include the Kindle Direct Publishing site, the Amazon Kindle Publishing Guidelines and the Barnes & Noble ePub Formatting Guide. Here's a well-reviewed ebook on formatting your manuscript for Kindle and a good set of ebook formatting tips from Computerworld. Combination formatting and marketing sites such as Smashwords also offer help, for example, the Smashwords Style Guide. And the e-publisher Booktango claims to offer an easy-to-use design and formatting platform. The software Jutoh has also received good reviews as an e-book formatter.
Multimedia ebooks
More complicated and expensive in terms of design and layout are multimedia e-books. However, for e-books that demand more elaborate layouts and/or multimedia, new programs are enabling easier production. For example, Kindle's Kindle Format 8 e-book format includes tools for creating more visual-rich layouts. For almost all other e-readers, there is EPUB 3, the latest version of the widely used e-book format. It allows for embedded audio and video files, besides enabling more elaborate layouts and navigation. Also, Apple's free iBooks Author enables multi-touch interactive e-books for the iPad. The system has gotten good reviews, such as this one from Wired.com. The catch is that, although books created using the software can be given away for free, any sales must be done through Apple's iBookstore. Apple's restrictive contract has generated considerable criticism among publishers and intellectual property lawyers.
A real game-changer in multimedia ebooks for Apple iPad and Android tablets may well be Book Creator, which is so easy to use that even children can use it to create multimedia ebooks.
Self-publishers are developing their own software, including open-source software such as FLOW, described in this Wired.com post, for creating basic multimedia e-books. Duke University scientists led by marine biologist David Johnston developed the system to publish their interactive marine science textbook, Catchalot (French for sperm whale). Importantly, they decided to develop the software when their book idea was turned down by publishers as being to expensive for a limited market. Although FLOW is currently Apple-specific, the scientists plan to develop a version for Android, and to make FLOW widely available for inexpensive creation of other multimedia e-books.
There are also commercial services for producing multimedia e-books. Such multimedia may involve only adding a soundtrack to an e-book, a service offered by Booktrack. See this New York Times article on the uses for Booktrack. One producer of of full-fledged multimedia e-books is Inkling.
As complex and expensive as they are to produce, many publishers are rushing to create more immersive multimedia e-book experiences, as discussed in this article at Wired.com. And here's a video about HarperCollins' publication of "enhanced" e-books.
For text-only e-books, there are many excellent books on formatting and publishing, mainly for Kindle, which represents about 70 percent of the e-book market:
- Benjamin, Randy, How To Publish Anything On Amazon's Kindle
- Canyon, Derek J., Format Your eBook for Kindle in One Hour — A Step-by-Step Guide
- Castro, Elizabeth, EPUB Straight to the Point: Creating ebooks for the Apple iPad and other ereaders (including Nook and Kindle)
- Coker, Mark (founder of Smashwords) , The Secrets to Ebook Publishing Success (free download)
- Tallent, Joshua, Kindle Formatting: The Complete Guide to Formatting Books for the Amazon Kindle
- Weber, Steve, ePublish: Self-Publish Fast and Profitably for Kindle, iPhone, CreateSpace and Print on Demand
However, if your book has complex design elements such as images and tables, and if you're not up to tackling a sometimes a technically difficult conversion process, you might find it wiser to pay an expert to format your book for you. Good source for formatters are this Bookmarket list of e-book producers and distributors and this list from self-publishing guru Dan Poynter. To hire a Smashwords designer, you can obtain a list of authors who can format e-books and create e-book cover designs by emailing list@smashwords.com. Other e-book sites, such as AuthorLink, Bookbaby and eBookIt! offer formatting services as part of their fee-paid publishing package.
While Apple offers only minimal help in posting e-books to its iBookstore, it does offer a list of recommended "aggregators" that can provide layout and other services. A word of caution: while the list includes free aggregators such as Smashwords, it also includes the subsidy publisher Lulu. While Lulu offers a free e-book publishing service, such subsidy (aka "vanity") publishers also promote paid publishing packages that are of doubtful value. See Masterson's article on vanity publishers for a good summary of the drawbacks of such publishers. BookLocker is another subsidy publisher that offers conversion and distribution services for e-books.
Many e-book distribution sites, however, do not offer layout services, although they are still worthy outlets. These include eBooks.com, eBookMall, ePublication Marketing Associates, Fictionwise, and Scribd. Two other sites, Payloadz and E-junkie, sell all digital goods. Another, Overdrive, distributes e-books and other media to libraries, schools and universities.
