DISTRIBUTING
SELF-PUBLISHED BOOKS
by Richard Hoy
This week I'd
like to discuss the trials and tribulations of
distributing self-published books. There
is an incorrect perception that every book has to
be distributed through traditional channels in
order to be successful. What I mean by that is
authors think their books have to be distributed
by Ingram or Baker & Taylor and in physical
bookstores in order for them to sell a lot of
copies of it.
So armed with
this misconception, authors forge ahead with self-publishing
only to run into a wall when it comes to
distribution.
For ebooks,
the market is still so small you have to
basically create your own storefront on the Web
or go with someone like Booklocker.com who has
invested the resources to create a storefront
where customers can buy the ebook online. It will
be many years before you can walk into every
bookstore and buy an ebook. (Some authors have
successfully convinced their local bookstores to
sell their ebooks on disks.)
For Print-On-Demand
books, the options are a little better. But in
order to move physical books through traditional
distribution you have to grease so many middlemen's
palms that your profit margin quickly evaporates.
And in some cases, it is just plain impossible
because there isn't enough profit margin to go
around.
For example,
selling POD books through Amazon.com. Amazon.com's
Advantage program takes 55% of the list price of
the book as their commission. For most books, you
have to raise the list price just to cover Amazon.com's
cut. And by doing that, you usually price the
book out of the market. Furthermore, all the
orders from Amazon have to be processed by
someone. And that someone has to float the cash
to print and ship the books to Amazon because
they won't actually pay you for the books for
about 60 days and the POD supplier will want its
money at the time you place the order. Same issue
with Ingram's regular distribution program or
with Baker & Taylor, only with them you have
the problem of returns on top of it.
So if you are
going to realize all the benefits of epublishing,
you have to be prepared to circumvent traditional
distribution channels. How do you do that? Here
are some ideas:
GET AN
ISBN
Having an
ISBN for your book means the book is listed in
"Books-in-Print," the resource
bookstores and libraries use to order books from
publishers. You can't sell your book to
bookstores or libraries (not even to Amazon.com)
if you don't have an ISBN.
SELL
DIRECT TO THE CONSUMER VIA THE INTERNET
Having a Web
site where you can send customers to buy the book
is by far the best distribution method for self-published
books.
WORK WITH
A POD SERVICES COMPANY THAT OFFERS DISTRIBUTION
THROUGH INGRAM
All POD books
published through Booklocker.com are also made
available through Ingram, the largest book
distributor. Your book should be listed with a
POD publisher that has a relationship with Ingram,
too.
SELL TO
BOOKSTORES DIRECTLY, NOT ON CONSIGNMENT
If you don't
want to be slammed with a huge liability at the
end of the year for unsold books, specify no
returns when offering your book to distributors
and bookstores. Booklocker.com does not allow
bookstores to order books on consignment so
nobody will be left holding the invoice when a
bookstore orders more books than they can sell.
Booklocker.com has a firm "no returns"
policy. After all, does your local grocery store
get to return all the unsold bread to the baker
or unsold milk to the dairy farmer? No. And
authors and publishers shouldn't have to be held
financially responsible when a bookstore fails to
sell what they order.
APPROACH
THE BOOKSTORES YOURSELF
Three of
Booklocker.com's authors have had great success
approaching bookstores directly about selling
their books. These authors buy the books from
Booklocker.com at a deep discount and then resell
the books to their local bookstores at a modest
markup.
Remember, it
isn't how many books you sell. It is how much
profit you pocket on each sale.
Richard Hoy
is the co-owner of WritersWeekly.com and Booklocker.com,
the most author-friendly epublisher online
offering up to 70% royalties on ebooks, 35%
royalties on print on demand books (the highest
in the industry), and non-exclusive contracts. Booklocker.com
strives to help authors make money by combining
epublishing with Internet marketing.
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