Archive for March, 2009

New Ebook Formats Driving Ebook Growth

Thursday, March 26th, 2009

Gone are the days when PDF ebooks ruled large. With over 500,000 Amazon Kindle ebook readers sold in the USA alone, 400,000 Sony Reader PRS-700′s in the US and UK and over 30 million Apple iPhones across 80 countries it is no wonder that the demand for ebooks is currently surging. One publisher reports selling twice as many ebooks as conventional print books.

The key learnings here for digital publishers are:

  1. That the ebook market is taking off on a second generation growth
  2. Ebook readers are driving new format requirements

On itunes App Store alone, ebooks represent the 4th highest download after games, entertainment and utilities.
Digital Publishers must now become more focused on the different reader experiences through these new media viewing devices. The PDF no longer meets the requirements of small screens where functional requirements include:

  • Compact single file
  • Simple layouts
  • Reader friendly format – mobi, AZW, ePub, PDF
  • Reflowable text*
  • Scalable images

*expected in 2009 PDF versions

The good news is that, in spite of prior studies indicating that customers were only willing to pay on average $15 for an ebook version of a $30 print book, consumers have not demonstrated the degree of predicted resistance to paying the same price for ebooks as the print versions. Many recognise the additional value of convenience that electronic formats provide. Sales of ebooks were up 100% December 2008 over the previous year.

The bad news is that the areas of Digital Rights Management [DRM] remains unresolved, but if we are to take lessons from the music industry we need to be realistic as to the ability to enforce such standards. DRM generally constrains a book format to a particular reader device, likely to look some publishers into complete production and distribution constraints. This is neither good for the business or the consumer.

However, the ebook market is still in its infancy, and this is the best time to gain market share.

New Media – Is It Serving Our Needs?

Thursday, March 19th, 2009

It was interesting watching what happened in media usage when the recession hit hard. Initially old media such as Wall St. Journal re-emerged, almost as a need to seek a credible source in amongst the rumors.

On the new media frontier, Twitter was also chirping madly. Even corporates are using the channel to broadcast statements – well those which can be compressed into 140 characters.

The first challenge is in deciding whether new media is merely an evolution of new ways of communicating, or whether in fact, old media is being replaced with these new channels. To suggest anything other than online news channels have largely replaced print newspapers would be naive.
The second challenge lies in determining the credibility of each channel. Corporate websites are known for hype speak. Print media carries the personal filters of the news reporter. As do social media. Are we in fact moving back to peer to peer media instead of broadcast channels.

Just which media channel is most trustworthy. I have personally suffered from misinformation being published about me; not through any malicious intent, but just in the normal daily context of a reporter being too hasty to make false assumptions and draw incorrect conclusions.

With online social media the prevalent channel of the younger generations, does ones existence cease to exist if you don’t have a facebook page, share your personal photos on flikr and twitter three times an hour. Who has time to be bothered with all this? Well, it seems millions do. So rather than refuse to engage in these new media, the challenge is to find your comfort level in sharing your world with others.

The web is shaping world opinion, every second of the day. It is an invaluable source of free good press and a kill shot for bad press.

And of course there is the malicia….those who know the power of new media and have skill at crafting just the right sentence to condemn an individual or business without prior right of response.
But both individuals and companies have to be very wary about what is released into social chatrooms. A misleading statement by a single employee can have the wolves circling and result in multimillion dollar litigation.

Transparency has costs, can be dangerous. It can trigger a cascade of events that are difficult if not impossible to reverse.

Public humiliation to force someone into an action you desire is tantamount to blackmail.
The other concern is privacy. Telling someone something over the phone has a limited lifetime, unless it was recorded. However, put something online and it is there for life. I for one have no desire to have the world know what I am doing every second of the day – so there is no twittering from moi!
And then you have the marketing and PR propaganda on sites such as Youtube, Facebook, Craigs List and Wikipedia.

Most readers are wise to this, and intolerant. It breaches both the explicit and the implicit etiquette.
Trying to monitor all channels is becoming an onerous task. For many businesses, such media is becoming more about containment than sharing. With IP proxies and avatar profiles, tracking down the source of scandalous content is becoming increasingly difficult.

I personally have not purchased a print newspaper for over 10 years. I don’t like the smell of the ink, the black smears all over my white kitchen countertop and the stack of papers waiting for recycling day. But the biggest reason is that I find them mostly incredibly boring. It is the same black stories every day – murder, rape, pillage, disaster, scandal, child abuse….. At least online I can set my RSS Feeds to deliver the stories I want and start my day on a more positive note. And if something of business or personal worthiness comes about, there are plenty of sources online that I can access with one keyword search. Online I can expand my search sufficiently to make up my own mind, instead of being force fed someone elses.

Digital media is freedom. Long may it continue to prosper.

Cookie Cutter Book Profile

Thursday, March 19th, 2009

I often get asked how long it takes to write a non-fiction book. It’s a bit like asking how long is a piece of string – naturally it depends on the book, the size, the amount of research or collaboration required and how much time you can devote to it. So rather than fob off the response I have put together a quick cookie cutter book profile that will hopefully help first time authors.

Book Profile

Your book profile covers the scope of the book, ascertaining whether there is a market for it, and the general outline of the book chapters.

Once you have completed this and you feel your efforts will be sufficiently rewarded, you are now ready to get writing.

Scheduling

If you can write full time – great! But most of us have a job or family commitments that mean we are part time writers. So break your book into chunks by:

  1. Estimating the total word count – Find a book the same size, and with a font size aligned to your proposed book, and count the words per page.
  2. Using your chapter outline – [approximate 2000 – 4000 words per chapter]. You can design your writing sessions. I prefer to think of writing sessions rather than days, as some days I can do more than one session, and other days none at all.
  3. Calculate how long it will take you. You an also do this in reverse, and determine your end date and work back to estimate how many words you need to complete per week, then per writing session.

This might mean that you plan to finish one chapter a week. Or if you want to get more aggressive – plan for 1000 words per session and 2 sessions a day, 3 days a week. If you can’t get a daily break to write, plan to commit 2 sessions every week to write a minimum of 2000 words.

Allowing that books generally take 16-30 weeks from start to finish, this should result in at least 2 books a year.

Keep going until you finish your first draft. At this point you are now around 50% of the way through finishing your book.

For example:
A 6” x 9” book of 200 pages
Using an 11pt font with 1.15 line spacing and good margins means you have around 200 words per page [average 8 words per line]
That’s at total of 40,000 words per book
At 4000 words a week – it will take you 10 weeks to do the first draft.

Second Draft

The second draft is focused on cutting the book down to the target size, and checking that the organization of the chapters creates a natural flow through the book. Often what you designed in your chapter outline doesn’t always make the most sense once you start writing, so use this first edit to move things around to keep the reader more engaged and interested.

Editing Your Book

The first edit looks more closely at sentence construction and grammar. The book needs to read well at a sentence by sentence level.

The second edit focuses on formatting, punctuation and a final proof on spelling and grammar.

The final proof [third edit] should include an independent review.

At the end of this phase you are ready to move into the pre-press phase where you focus on front pages, index, notes, author profile etc.

This is a very rough guide, but serves as a reasonable benchmark.

Happy Writing
Esmart