Tag Archives: Smashwords

Self-Publishing soars in 2012 – 60% more works than in 2011 according to Bowker

Self-Publishing Movement Continues Strong Growth in U.S. says Bowker- 2012 ISBNs show nearly 60% more self-published works than in 2011

New Providence, NJ – October 9, 2013 – A new analysis of U.S. ISBN data by ProQuest affiliate Bowker reveals that the number of self-published titles in 2012 jumped to more than 391,000, up 59 percent over 2011 and 422 percent over 2007. Ebooks continue to gain on print, comprising 40 percent of the ISBNs that were self-published in 2012, up from just 11 percent in 2007.

“The most successful self-publishers don’t view themselves as writers only, but as business owners,” said Beat Barblan, Bowker Director of Identifier Services. “They invest in their businesses, hiring experts to fill skill gaps and that’s building a thriving new service infrastructure in publishing.”

The analysis shows the growing prominence of a handful of companies that offer publishing services to individual authors.  More than 80 percent of self-published titles came to market with support from just eight companies, including Smashwords and CreateSpace. Continue reading

SmashWords research analyzes self-published book sales data

I finally had time to read this very interesting article in the Huffington Post written by Mark Coker about the  Smashwords study conducted to analyze self-published book sales data.  Coker highlights seven key findings from the study and includes his slides from a presentation at the RT Booklovers Convention earlier this year.  It’s worth a read if you are interested in self-publishing.

The seven key findings include:

  • Ebook Sales Conform to a Power Curve
  • Viva Long Form Reading: Longer Books Sell Better
  • Shorter Book Titles Appear to Have Slight Sales Advantage
  • How Indie Authors are Pricing Their Books: $2.99 is the Most Common Price Point
  • How Price Impacts Unit Sales Volume: Lower Priced Books (usually) Sell More Copies
  • The Yield Graph: Is $3.99 the New $2.99?
  • A Closer Look at the Yield Graph Reveals Why Indie Ebook Authors Have a Competitive Advantage over Traditionally Published Authors

For those interested in self publishing, Coker offers a free ebook, The Secrets to Ebook Publishing Success.

Douglas County Libraries adds 10,000 titles from Smashwords

Back in August, 2012, Smashwords announced a new product, Library Direct.  This is a service that allows libraries and library networks to acquire and establish large opening collections of ebooks, direct from Smashwords.  Douglas County was one of the first customers back in August of 2012, loading 10,000 of the top titles.  The last day of 2012, they added another 10,000 titles.  Here is more from the DCL press release:

On December 31, Douglas County Libraries (DCL) acquired 10,000 e-book titles from the world’s largest distributor of self-published works, Smashwords, bringing the total number of e-book files that DCL owns to 21,000. All of the content purchased from Smashwords, including books in popular genres such as fiction, romance, mystery, and science fiction, is available for borrowing by library patrons. Continue reading

Smashwords announces Library Direct

Smashwords today announced Library Direct, a new service that allows libraries and library networks to acquire and establish large opening collections of ebooks, direct from Smashwords.

Library Direct is available to libraries that host and manage their own ebook checkout systems, typically using Adobe Content Server, and that are capable of acquiring a large opening collection.

We have already received purchase commitments from three library systems, each of which will acquire some variation of our top 10,000 best-selling titles.  The purchase commitments approach $100,000 in total. Continue reading

3M Cloud Library partners with Smashwords and others

Posting this a bit late due to my vacation.  Press release courtesy of Teleread.

3M Library Systems will feature its growing list of offerings for the 3M Cloud Library eBook Lending Service at Book Expo America 2012, to be held June 4-7 at the Javits Center in New York City. Visitors to the 3M Library Systems booth, DZ2417, will learn about 3M Cloud Library’s new partnerships with INscribe Digital, Smashwords, The Rowman & Littlefield Publishing Group and the National Book Network (NBN) which are increasing the eBook system’s total list of offerings to more than 200,000 titles from over 300 publishers. Continue reading

Calibre Launches Open Books – DRM Free eBooks

calibre recently introduced Open Books, a site for easy browsing of DRM-free e-books (e-books without DRM) that are not in the public domain.

From their website:  calibre has a cornucopia of features including library management, e-book conversion, syncing with devices, news download, e-book viewing etc, but to make the most of these features with your e-books you need to ensure your e-books do not carry DRM.  Open Books is a compilation non DRM e-books from various sources linked to enable readers to browse and download them.  Open Books invites you to submit links to DRM free e-books that you would like added to the database. Open Books invites you to submit links to DRM free e-books that you would like added to the database. Contact us with details of your DRM-free e-books on the calibre facebook fanpage or #calibreforum page. Please do not include links to books on Smashwords or Baen as we are already aware of them.

Articles of Interest

Education World ® Technology Center: E-readers Bring E-xcitement and E-ase to Reading

Technolog – Kindle books now outsell paperbacks

Q&A: Smashwords Founder Mark Coker Predicts Drop in eBook Prices – eBookNewser

Apple Rejects Sony App, Kindle & Nook Beware – eBookNewser

HarperCollins Acquires Book From Community Writing Site Inkpop.com – eBookNewser

New Ebook Platforms Target the Scholarly Monograph

November e-book sales up 108%

The rise of e-books: IDPF reports November e-book sales up 108 percent—and here’s some analysis
By Mark Coker, founder of Smashwords

image Mark Coker is founder of Smashwords and Dovetail Public Relations, as well as moderator of a February 10 panel at Tools of Change on “The Rise of E-Book.” See a San Jose Mercury News Q & A on Smashwords (a publisher for independent writers), which recently signed a Stanza-related distribution deal. – D.R.

The IDPF says e-book sales were up 108 percent for the month of November 2008 compared to the same period a year ago. The data is provided in conjunction with surveys conducted by the American Association of Publishers, and represents wholesale sales from only 13 U.S.-based e-book publishers, so total reported sales figures understate actual sales.

imageFor the first eleven months of 2008, e-book sales were up about 64 percent, according to the IDPF.

Dig beneath the surface, and the numbers are striking. E-book sales are surging while the entire trade book industry suffers a decline. Are print sales suffering at the hands of e-book sales? Unlikely. Something else is happening.

For the five years between 2002 and 2007 (click here for data; opens a PDF), overall trade book sales averaged an annual increase of 2.5 percent. That’s lower than inflation, which means unit sales probably decreased.

By contrast, e-books for the same period turned in a 55.7 percent average annualized increase in sales revenue.

Tiny base—but still an accelerating growth rate

Granted, the robust sales growth for e-books was off of a tiny base to begin with. But fast forward to October of 2008, the date for which year-to-date sales are reported on the AAP web site , and you see overall trade book sales for the first 9 months of the year were down 3.4 percent while e-book sales were up about 58 percent. So the rate of e-book sales accelerated during the first 9 months of 2008 compared to the previous five years.

More interesting, for the month of October the AAP reported overall trade book sales suffered a 20 percent drop in the year over year monthly comparison, while e-book sales accelerated to 73 percent growth.

Numbers for November and December aren’t yet published on the AAP site, though today’s numbers from the IDPF, which are supplied by the AAP, indicated that e-book sales have accelerated yet again, up 108 percent for November.

As any numbers guy or gal will tell you, it’s easy to show great sales growth when you’re growing off of a small base. But when sales show sequential acceleration off of sequentially increasing bases (meaning, you grow faster as you grow larger), then something really interesting is taking place.

If we conservatively estimate that overall trade sales for 2008 declined 3 percent, and e-books sales increased 70 percent, then wholesale e-book sales will rise to $114 million and overall trade book sales will decline to $24.21 billion. In other words, e-books will still only represent 1/2 of 1 percent of book industry sales, at least here in the US.

If you extrapolate the 70 percent growth for five more years (and I would argue that 70 percent is a relatively conservative number), then e-books rise to $1.6 billion, and assuming a 2 percent growth rate of the overall trade book sales to $26.7 billion (generous), e-books would then represent a respectable 6 percent of sales.

If you’re attending the Tools of Change conference February 9-11, I invite you to attend a panel I’m moderating entitled, “The Rise of E-Books,” where we’ll explore the past, present and future of e-books and try to understand the implications of these numbers for publishers and authors alike.

In the meantime, if you’re an author, you need to start exposing your books to the digital realm. Clearly, as the numbers above indicate, you should continue to publish in print because e-book sales will account for only a small percentage of your overall sales. In the years ahead, however, e-books will become an increasingly important format for book consumption.