Fastest Growth Among Self Publishing Services

In July, the Denver Business Journal held its annual Fastest Growing Private Companies awards banquet, and for the 4th year in a row, Outskirts Press was recognized.

The fastest-growing companies are determined by examining the gross revenue increase over the previous three years (2007 – 2009 in this case).  Companies are separated into 5 “flights” based upon their overall annual revenue in the most current tax year (2009). Flight V designates small companies, Flight IV designates small-to-medium sized companies, Flight III designates medium companies, and so on.  This is the 3rd year in a row Outskirts Press has been in Flight IV and we held the #10 spot overall.  Last year we were #7. The year before that we were #1.  

In an economy where “flat is the new up,” appearing on any “fastest-growing list” for multiple years in a row is a feat onto itself. After all, the majority of the companies appearing in the top 10 weren’t on the previous year’s list at all.  So to say I am proud of our company and our authors would be an understatement.  

I think this post also supports a previous blog posting I wrote recently, which centered on pursuing awards. Whether for a book or a company, winning an award helps establish some prestige and PR, and those are valuable commodities in this day and age.

Speaking of which, the annual Inc. Magazine Fast 500 list is announced at the end of this month.  This is the national version of the fastest-growing private companies. We placed #268 last year among all private companies and #1 among participating self-publishing services.  We’ll see where we are this year when they’re announced later this month…

The content is the thing

As discussed previously, pricing is one of the reasons we introduced a direct bookstore with the launch of Version 4.

Another reason is so that our authors would have the same level of control they have over their bookstore listing that they have over their author webpage.  Outskirts Press is one of the few self-publishing companies that offers each of its authors a free author webpage over which the author can control, to some degree, the color, design, layout, and content at any time after publication.  Those same content changes are now reflected in the direct bookstore as well.  With the authors directly in control of their own sales copy, they are directly responsible for affecting the positive sales growth of their books. We wanted to extend that power and flexibility to the new channel.

The final reason for the bookstore changes is probably the most important — the integration of the retail and wholesale bookstores into one single store — and I’ll discuss that next.

Outskirts Press bookstore Version 4

As a self-publishing and book marketing company, Outskirts Press primarily helps authors publish and market books. Up until Version 4 of our new and improved website, we really left the “selling” of books to retailers like Amazon and Barnes & Noble, etc.  After all, they’ve invested huge amounts of money and time into making the shopping experiences on their sites extraordinary.  There’s no viable way to compete with them.

I still believe that. I also believe that given the choice between an author selling a copy of her book from her own website and selling a copy of her book from Amazon.com, she’s better off in the long run selling that book from Amazon — even if she makes slightly more money in the short run from her own website.   I have written a whole book about why I believe that, so I won’t dive into that here. 

So, if I believe Amazon sells books better than publishers, and if I believe authors benefit more if books are purchased from Amazon, why would Version 4 of Outskirts Press introduce a direct bookstore for readers?

There are a number of reasons.

The first reason is because our own bookstore gives us greater control over the sale price of our books.  Amazon’s sales pricing policies are up to them and there is very little control over it.  You can try to prohibit Amazon from discounting a book by passing along a “short discount” to Amazon (in the neighborhood of a 25-30% trade discount), but I’ve seen Amazon discount books with 20% trade discounts during the holiday season.  Naturally, the higher the trade discount, the more apt Amazon is to discount the book (they have more margin to play with).  Most authors don’t mind so much — with Outskirts Press they make the same royalty regardless of Amazon’s sales price, so why not let Amazon dip into its profit to invoke more sales for the author?

But some other authors prefer to set large trade discounts to pursue offline distribution and would prefer to keep the retail discounts to a minimum (or none at all) so they can maintain a certain value ratio for their book.  Perhaps they are selling it from their own website for the full retail price, for example…  Amazon’s discounting procedures make such an objective difficult.  

 So by offering another direct sales channel, we have attempted to satisfy two conflicting objectives, which is never an easy task. One, we have controlled the sales price and the discounting since books purchased in quantities of 1-9 at a time are discounted only by 10%, regardless of if the author has a 55% trade discount.   Two, we’ve created a customer incentive by creating possible scenarios whereby the customer can get a better price through us than through Amazon.   We’ve done this in exactly the same way we satisfied objective number one–by offering a sales price 10% lower than the retail price, regardless of the trade discount, even if that trade discount is set to the absolute minimums.  Amazon often won’t discount such a book, but Outskirts Press direct does.

And of course, just like Amazon sales, the author receives their full royalty, 100% of the profit, regardless of the purchase price.  It’s a win for everyone. And our author webpages still behave as they always have, sending customers to either Amazon or Barnes & Noble for their purchase, so our authors have the ultimate in flexibility.

And that brings us to the other reasons for the changes to the Outskirts Press bookstore, which I’ll discuss next time.

Self publishing services with Version 4

Over the past few posts I have been summarizing some of the differences between previous versions of our Outskirts Press website and the new Version 4 website that launched over Memorial Day weekend.  Of course, the core difference has been the availability of a la carte options and services for writers regardless of where or how they publish.  This hasn’t really affected the “Publishing Packages” portion of Version 4, however, since publishing packages have always been the core service of Outskirts Press since its inception. Very little changed here and changes that were made here were minor.

For instance, we tried to make it clearer that authors could order the entire package if they wanted to OR, if they preferred, they could start with just a $35 deposit to assign their production team members.  We also made our free e-book publishing guides an “item” that could be added to the shopping cart without cost. The other changes were mostly aesthetic, trying to make the details for each package more comprehensive in their descriptions, with more images and visual cues to highlight the advantages. In general Version 4 is embracing video and Web 2.0 a little bit more, so we created a video to highlight the Diamond publishing package and it plays from the Diamond page.  More videos like this will be forthcoming.

Next I’ll discuss changes to our bookstore, which were relatively major.

Self publishing book marketing services

I have been discussing the differences brought about to our business model with the introduction of Version 4 of our website at Outskirts Press.  The main difference is that we are starting to offer a la carte services to writers regardless of where/how they publish their book(s).  Of course, authors publishing with Outskirts Press get deep discounts.

I previously summarized the Writing Services. We also introduced a la carte book marketing services with the launch of Version 4 on Memorial Day weekend, and like with the Writing Services, we launched with a limited number of available options as a compromise to maxed resources and an aggressive launch date.

Out of the gate, the Marketing Solutions “aisle” of our new site featured 7 items:

  • 5 hours of Personal Marketing Assistance with one of our professional marketing experts
  • 5 Celebrity addresses and pitches with our Celebrity endorsements option
  • 500 customized bookmarks
  • 500 customized postcards
  • 500 customized business cards
  • 5 large posters (roughly 2 feet by 3 feet)
  • 25 small posters

We quickly added the Amazon Kindle Edition within a month after launch, since it is one of our most popular marketing services month in and month out. To encourage authors to publish with us, we offer deep discounts to our authors on all our new a la carte services. For instance, authors who have published their book with Outskirts Press can get an Amazon Kindle edition for 25% less than someone publishing elsewhere.   Even still, at $135 it’s the lowest price I was able to find for what we deliver (although I didn’t spend hours and hours looking around). And the best part of the deal, and one few of our competitors can match, is that the author keeps ALL their profits.  Amazon pays them directly, so they know Outskirts Press is not taking any of the Kindle revenue. We’re not even involved in the financial loop at all.  This alone is enough reason for many authors at competing publishers to eschew their publisher’s Kindle edition (if they offer it all) in preference for ours.

But with 8 marketing solutions available on an a la carte basis, we have a long way to go to introduce ALL the marketing services and products available to our authors. And a growing number of authors from elsewhere are starting to join us on that journey. We welcome them, and are excited to be helping them.

Self publishing writing services

Version 4.0 of the new Outskirts Press website launched on Memorial Day weekend with 4 writing options available for authors. I’ll be the first to say I wanted to launch with more.  But, as with everything this complicated, it became a matter of compromise and resources.  We had to launch over Memorial Day weekend — I think a previous post discussed why — and we needed to draw a line in the sand about what we could realistically go out of the gate with.

We launched with the search-optimized title suggestions and the article ghostwriting.

Professional search-optimized book title suggestions are just what they sound like.  We review the author’s information and their proposed book title and then present them with 3 alternatives that take into consideration such concepts as keyword-embedded sub-titles and non-duplicative book names.  I’ve seen first-hand the positive effect a properly titled and sub-titled book can have on online book sales. Sell Your Book on Amazon: Top-Secret Tips Guaranteed to Increase Sales for Print-on-Demand and Self-Publishing Writers is not just a mouth full; it is a carefully planned title that maximizes its exposure for particular keywords that are necessary for it to find its appropriate audience.

Article ghostwriting and distribution is just what it sounds like, too. We compose a 750-1000 word article on the subject/topic of the author’s choice that is related to his/her book, and then once the article is approved by the author, we distribute it to popular article banks.  Article marketing is one of the most effective forms of online promotion because it combines “content” with “links” and “social propagation.”  It’s a powerful one-two-three punch that can improve an author’s overall exposure across the internet.  The downside is that most authors don’t have the time to write the necessary articles, nor the know-how to efficiently distribute said articles through all the proper channels.  This option handles everything for the writer, conveniently.

We also launched Version 4 with pre-written, pre-illustrated children’s books for a boy and girl.   We have offered these “instant children’s books” to our authors for a long time.   These are basically a ‘taste’ of the power and convenience of POD publishing with Outskirts Press. For a minimum investment, an author can publish an already written, already illustrated children’s book featuring the names of their child (or a child they know) with a maximum amount of convenience (heck, they don’t even have to write the book!).   The book receives online availability through Amazon and Barnes & Noble and even pays the author $2.00 in royalties for every wholesale or retail sale.  Not only does it make a great gift, but it gives a writer an affordable opportunity to see if the convenience and value of on-demand publishing is right for them.  The girl’s version is here and the boy’s version is here.

As I said at the beginning of this post, I wanted to launch with more offerings.  For instance, the instant children’s books are currently limited to a single illustration set, featuring a Caucasian main character and an African American friend.  We have other illustration sets drawn (featuring both children as Caucasians, and both children as African Americans), but those did not make it into the launch, for a variety of reasons not worth getting into here.

There are other writing options/services I wanted to have available at launch, and I’ll get into those next time. Who knows… by the time this posting goes live–I’m writing it about 4 weeks in advance–hopefully some of the ones I mention will already be added.

Picking the Best Book of the Year Award winner

From among the three Best Book of the Year finalists – which I blogged about last time – the winner is determined. Here’s the fun part: It’s up to you who wins.  Well, more accurately, it’s up to everyone. And it is especially up to the three finalists themselves.

Each finalist will be showcased in our newsletter and throughout our social networks.  Then an open vote will take place to determine the ultimate winner of the Best Book of the Year Award and the $1,500 prize.  Everyone can vote, and everyone can see how the votes are falling.  The authors themselves have a great amount of control over their own destiny since they can call upon their marketing prowess to get friends, family members, and associates and all members of their social network circles on Twitter, Facebook, MySpace, and LinkedIn to vote.  You know, these are the same people authors often contact about buying their books.   So, in essence, we have tried to establish an Award that not only rewards a talented writer, but recognizes a talented marketer as well.

We would like to continue to hold this award each year. Only time will tell. Just like any Hollywood executive will tell you, green lighting the sequel always depends upon the success of the first one.

The Best Book of the Year Award selection process

When it comes to awards, our authors are already pretty prolific.  From the Benjamin Franklin Awards to ForeWord Magazine’s Book of the Year Awards and the Writer’s Digest International Self-Published Book Awards, Outskirts Press is often represented with talented winners and finalists. Since we understand the value of our authors being recognized by these contests, we do our best to encourage them to submit their book(s) for as many awards as they can.  Winning an award or being recognized as a finalist is a great reason to send out another press release, initiate another PR Publicist Campaign, create another book video and upload it to YouTube, etc.  In fact, being a finalist or winner in a book contest can breathe new life into all book marketing efforts.  And it should.  Depending upon which source you believe, there are upwards of 500,000 books published every year in America.  A statistical handful win awards.   That’s the true quality gatekeeper; not the publisher and not the reader.

Our close relationship with the Colorado Independent Publishers Association also means that many of our authors are familiar with the CIPA EVVY Book Awards, which recognizes excellence in independently published books.  Each year we officially nominate approximately 5% of our published titles for submission to the EVVY Book Awards.  To help us narrow down the manuscripts, only books published with the Diamond and full-color Pearl packages are considered for nomination.  It’s also an unwritten rule — there, I just wrote it — that the books should feature a custom cover design and be professionally edited.  After all, we want our official EVVY nominated books to shine, and shine they do: Since beginning our participation in the EVVY Awards, Outskirts Press has been the winningest publisher each year among all participating publishers.  Each year we win approximately 10-15 EVVY Awards.

So, in other words, we already have an established method for determining the top 1% of the books we publish each year at Outskirts Press — our EVVY Award winners.  The Outskirts Press Best Book of the Year Award goes a few steps further.  From among all the EVVY-winning books Outskirts Press will select three finalists, in much the same manner we determined the winner of our December Best Book Promotion, Irv Sternberg and his book The Persian Project.

From among those finalists, a winner is determined. How? That’s the next blog topic…

Outskirts Press Book of the Year Award

This month our self-publishing company Outskirts Press announced our “Book of the Year Award.”  The talented author of the winning publication will receive a $1500 credit to his or her Outskirts Press shopping cart.  In essence, the author is getting published for free (since none of our packages cost as much as $1,500).  

As the self-publishing industry continues to grow, book awards and contests will become more important. After all, it used to be that publishing a book was, in itself, a testament to the book’s quality.  Times have changed with technology. Now that POD publishing makes the act of publishing a book so fast, easy, and affordable, readers need another method for determining if a book is worth their time and money. And writers seeking validation need another method for determining if their writing “has what it takes.”

There are those in the self-publishing industry who have said that POD publishing “opens the gates” and allows customers to determine quality rather than the publishers.  More democratic certainly, but the problem with that philosophy is that it asks customers to take a leap of faith on the quality of a book, often times sight unseen.    Many readers are hesitant to do that, and an otherwise stellar self-published book can have low sales volume as a result.

Book contests and awards help high-quality self-published books stand out from the crowd.  With the launch of our own Award, we wanted to present our authors with an exclusive opportunity to state without reservation, “My book is the best book published by my publisher this year.”  So our Best Book of the Year Award was born. 

The trick to any book award is making the selection process fair, balanced, accurate, and democratic, and I’ll talk about that next time.

Using HTML in emails without images

The solution to the HTML/TEXT email quandary that I have been blogging about of late is to use HTML email– since nearly every email client supports it nowadays– but not to rely heavily upon images, if you use any at all.  Instead, use HTML tags to create color borders, blocks of text, enlarged fonts, and colored fonts.  <ul> and <ol> tags are beneficial, especially since people like lists and it enforces some semblance of order to the email, and the bullet points especially have a graphical quality about them without being dependent upon image downloading.

If you must use images, use them sparingly and never use them to communicate content or the call to action.  It’s best if they are aligned along the right edge of the email and that width and height specifications are omitted; that way, if they don’t load, the empty image box is as unobtrusive as possible.

With these techniques you can arrive upon a visually attractive email that…

  • contains your content
  • still strikes interest and offers some color branding opportunities
  • doesn’t run the risk of looking broken when viewed by the majority of email users who have image downloading turned off