Wednesday, June 13, 2012

Seth Godin: A Book in the Hand Is Worth Two in the Bush

Guest post by Seth Godin

Seth Godin on book pricing and volumeFor books under $20 (which means just about all ebooks), all that matters is volume. Not margin, but volume.

A book in the hand of a reader is far more likely to lead to another book sold. Bestsellers become bestsellers largely because lots of other people are already reading them.

I know that sounds silly and self-referential, but it reflects the social nature of books. We like to read what others are reading.

So, if you sacrifice half your volume so you can make twice as much on every copy sold, you’ve done nothing smart.

Second, for more and more authors, the book is a calling card. It leads to a movie deal, or a speaking gig, or another book contract, or consulting, or respect, or a better class of cocktail party. That means that the true margin on each book is more and more of these external benefits, not the dollar or three made on each copy.

Yes, you can make a living writing books. But you either need to write a lot of them (Isaac Asimov wrote 400) or sell a bunch of each title. Even better: Make a margin on each book that has nothing to do with the selling price.

The price of the book and the profit margin made on each book are secondary to this goal of making a dent in the conversation among your chosen audience.

===========================================================

15,000 Eyeballs Internet Marketing Program: http://www.bookmarket.com/15000eyeballs.htm - Ten lessons on how to get thousands of impressions for you, your book, your blog, or your website. $50

Blog Tour Palooza: http://www.bookmarket.com/blog-tour-palooza.htm - How to carry out a blog tour or virtual book tour that gets millions of impressions, builds your brand, and sells thousands of books. $297

Real Fast Book Marketing: http://www.bookmarket.com/realfastbookmarketing.htm - How to sell 100 to 200 copies of any book in two weeks or less. $97

Book Marketing Magic: http://www.bookmarket.com/novelmarketing.htm - How to market novels, children's books, memoirs, and more. $48

Amazon Bestseller Campaign: The Inside Secrets to Becoming a Real Bestselling Author on Amazon.com: http://www.bookmarket.com/amazon.htm - You can create a true bestseller on Amazon using the step-by-step guidelines included in this multimedia course. Was $297, but now only $97.

New York Times Bestseller Program: http://www.bookmarket.com/newyorktimesbestsellers.htm - This program offers unprecedented access to the most up-to-date book marketing resources and insider tips to help any author create a New York Times bestselling book. Was $297, but now only $97.
blog comments powered by Disqus