Friday, May 29, 2009

Automating sales orders

Did I fail to mention that we released DashBook 3.0? I tend to get much more excited about "the next thing," so after the beta, I'm ready to move on. More information about the changes for DashBook v3 are available here.

So that DashBook can calculate royalties or licensing fees, it needs to have events or transactions that cause the calculation. We made the brilliant decision to group these events together in what we call an "order." Amazing, right?

Well, many publishers are not very focused on the individual orders; they just want their royalties calculated. They may not be interested in knowing about orders to know who receives a shipment. They may have no desire for DashBook to handle inventory changes, especially if they are using electronic books (ebooks) or a print on demand (POD) printer.

Well, our upcoming update to DashBook not only handles this issue for publishers not focused on orders, but also helps to automate a time consuming and potentially error prone process. DashBook version 3.1 will add the ability to import the order information directly from the electronic reports that publishers receive from their distributors!

With a simple click - boom! a new order is created, containing all of the products sold and returned, according to the distributor's sales report. Our initial work includes the most popular book distributors used by publishers not handling inventory. Print on demand is led by Lightning Source, and ebooks are spread across Fictionwise, Amazon, and MobiPocket. We also received a sample from All Romance Ebooks (I understand Romance is a pretty big category for ebooks), so we've included them as well.

Please go to our website, www.DashBook.com to read more and request a beta to try this new feature yourself. Our new import is customizable, so you can add your own distributor's report for importing. If you do, please send the map file to us so that we can provide it to others. Or, contact us to create a map or import from your source.

Thanks for helping us make DashBook even more powerful!

Monday, May 4, 2009

Bigger and cheaper Kindle?

There is not much doubt that a larger Kindle will be announced this Wednesday (http://www.engadget.com/2009/05/04/amazon-press-event-wednesday-may-6th-see-you-and-then-new-kind). By this news alone, one might assume that this device will cost more than the current Kindle 2, which already receives quite a bit of backlash from having a high price.

However, Amazon knows that their price is considered a purchasing barrier. Although I think they've already done a superb job of pricing given that each Kindle includes (currently) unlimited internet access forever, a lower price will surely help sell more.

How can Amazon lower the Kindle's price?
1) Advertising - a larger screen gives more space for ads in addition to content.
2) Subscriptions - Why hasn't a book-of-the-month club offered a subsidized Kindle?

With the New York Times as a partner of this newer Kindle, they have the opportunity to do both, just like they've always done with their print edition.

Personally, I am very comfortable with the size of the current Kindle 2, but wish all my books were e-books on it so that I have access to them at all times (note that I carry an iPhone at all times).

Another rumor is that Kindle will receive support from textbook publishers. If all textbooks needed by students were on this one device, that would make cross campus treks a lot easier!

Thursday, April 16, 2009

Version 3 Beta

We have been testing version 3 both in house and with select customers, and have now opened it up for public review. It shouldn't be many days before this one is ready for release, but we thought we'd give more people a chance to beat it up.

Due to outstanding suggestions, we have made many enhancements to DashBook. Some of the largest changes include:

  • Vista 32 bit and 64 bit support
  • Automatic mechanical royalty calculations for the music industry
  • Expiration dates for handling subscription sales and followups
  • Expenses tied to individual products, with royalties optionally adjusted
  • Ability to review and create royalties directly from the products screen
  • Ability to review order history directly on the customer screen
  • Option to use PayPal on the subset of authors having PayPal accounts

Please check out our beta (beta link expired; contact us if you wish to be on the cutting edge!). If DashBook does not handle something you need in your business of royalties or licensing, please tell us what you want!

Friday, March 27, 2009

Improved by customers

While DashBook continues to add new clients, it is also continuing to grow in capabilities as well as ease of use. There is a wonderful synergy between our company and those of our clients.

I love when someone searches out a solution to their problem, usually being overwhelmed with handling all of their royalty or licensing contracts, and discover DashBook. Their excitement in finding an affordable program that they can easily understand is contagious. Almost everyone gives us great compliments. Our most recent quote was "BTW, the ISBN import function is genius. Nice work."

That feels great. However, our excitement doesn't stop after they purchase DashBook. Our users have fantastic ideas on how to further improve our system. Although we will soon be releasing DashBook version 3, the developmental thrill has subsided, though exposing our latest work to the world will be fun. I can't wait to start work on our new list of client-suggested enhancements. Some are so good while being so simple to do, that we should be following up with an update to our not-yet-released v3 pretty quickly.

I love making things better!

Thursday, March 5, 2009

Fictionwise bought by Barnes & Noble

Fictionwise has an FAQ on the deal here: http://www.fictionwise.com/bn.htm and the official press release is here: http://www.barnesandnobleinc.com/press_releases/2009_march_5_fictionwise.html

The e-book market is heating up. 2009 will be a great year for this industry. Barnes & Noble is apparently taking e-books seriously now. They don't have much choice, if they want to stay in business. Yes, e-books were only 1% of sales, but their sales growth is exploding.

Now that Amazon has supposedly sold half a million Kindle machines, just released the Kindle 2, and now the Kindle iPhone app, they are poised to take over the ebook industry. We know that they will release Kindle readers for other devices, which proves that they want to own the business of selling e-books. If Amazon decides to make retrieval of free e-books easily done in their Kindle store, they would totally blow away competitors like Stanza while not hurting their sales at all.

The Fictionwise Pendergrast brothers can see the Amazon storm building intensity, and they need serious help to survive it. Good Luck!

Hey, Steve and Scott, how about we work with you on connecting your system with DashBook, so your publishers and authors can easily keep track of their book sales and royalties?

Monday, February 23, 2009

Books on Consignment

Whether you are trying to keep your books in the local bookstore, or having a national distributor warehouse pallets of books that they sell on your behalf, tracking consignments is easier handled when you have DashBook.

With DashBook, you can use an Advanced order to explain the details of your consignment arrangement. Here are the typical steps in the life of consigned books:
1) You create an advanced order, and mark the items as Consignment. For this order, you will be creating a shipment, but not an invoice. This tells DashBook that these units will be moving from your standard warehouse to the warehouse of your consignee. This is still stock that you own.
2) You receive a report from your distributor indicating that they have sold your books. Now is the time to add an Invoice to your order for the number of units that were sold. This means that the distributor finally owes you for something! Placing this invoice on consigned stock will instruct DashBook to reduce the inventory held at that consignee location. Do not create a shipment for these, as that work is done by your distributor.
3) Any returns can be handled on the Returns tab of your order. Simply tell DashBook how many units are returned for financial credit, and if any of them are physically being returned to your stock as opposed to merely increasing your consignee stock.

That's it! DashBook will allow you to create a special Consignment inventory report that will show you how much of each book is in each location. You can even ask for the details of every sale and return transaction on this report, so you can find out exactly what has happened to your books!

Thursday, February 5, 2009

Upgrade from AnyBook and now PUB123

As usual, we have been very busy improving DashBook. We are now releasing version 2.3 following the v2.2 just a few weeks ago. The enhancements were numerous, but this blog entry will be about our importing data from obsolete and obsolescent systems.

Since DashBook has now grown into the best choice for small book publishers to handle their royalty calculations, we have been getting requests to import from legacy systems. Publishers are moving from the old standards of AnyBook and PUB123/SOHO123 to DashBook, and are asking us to help them in their transition.

Well, we've responded with an automated import of current information and history so that users can now have the best of both worlds -- all of their history within the easy to understand and use DashBook system. Normally it could cost thousands of dollars to migrate history from one system to another, but we are offering it all at no extra charge within our $249 program. As a friend of mine would say with a smirk, "What a bargain!"

We import customer information, product descriptions, and yes, even royalty agreement definitions. Since DashBook can handle the sales channels of PUB123 as well as the breakpoint volume and discount tiering of AnyBook, the conversion was actually simple.

We also import all of the orders from each of these systems, so that you can review the history of your products and customer purchases within DashBook. Doing all of this work did point out a deficiency in DashBook. AnyBook has consignment ability, and one of our converts recorded Promotional copies sent out from consignment. Hmm. We hadn't addressed that in DashBook, but we have it now. You can now mark an order item as Promotional for a Consignment so that it removes those units from the consignee's inventory.

We have also greatly improved our Consignment Inventory tracking to be the best in its class, giving you the option of seeing changes as deep as individual orders, or just the totals for each consignee. Frankly, if you have AnyBook and used consignments, you need to import into DashBook if you wish to see accurate consignment inventory levels.

DashBook makes it easy to see how your data will look in a better system. If you wish to migrate to DashBook from a system that we currently do not import, let us know so that we can help you, too.