Friday, September 11, 2009

Lightning Source to royalties to authors

When DashBook introduced importing sales reports, we received a lot of praise from our customers. Book publishers still are a large percentage of our customer base, and when a publisher can't justify printing thousands of copies of a title, they turn to print on demand (POD). This may be for the initial printing of a book or it may be a fallback to keep a book from becoming "out of print" when its popularity wanes.

Why do so many book publishers choose Lightning Source (LS) for their POD? This is very simple. Because LS is owned by Ingram, all books carried by LS are placed in Ingram's book listings. This means that all booksellers who use Ingram (that'd be every one in the U.S.A., plus) is able to see the LS book in the catalogue and order it. That would be fine for anyone expecting the readers to request a book from a bookstore, but it won't put a book on their bookshelf. No bookstore is large enough to carry every published book. Well...

then there is Amazon. While Amazon does not warehouse all of the books it sells, it does maintain a database of every book that it could sell. So to follow the thread, this means that all books in LS are listed in Amazon's database and are searchable and purchasable from http://www.amazon.com. Not only are the books listed, but Amazon keeps ratings and comments about each book, so if the authors or readers wish to comment on a POD book carried by LS, they can do so on Amazon - the largest seller of books in the world. (nope, I'm not gong to bother researching the veracity of Amazon's success)

So, now that many book publishers are using Lightning Source, they receive a nice report showing them their sales. Here's where we get back to Dashbook. Publishers generally need to pay authors and other contributors a percentage of the sales of books. The royalty contracts describing the conditions and amounts can vary quite a bit, and can become unwieldy to track without specialized software like DashBook. Within DashBook, a publisher can describe these royalty arrangements so that subsequent sales transactions will generate royalties accrued to each royalty recipient.

Now that DashBook has a built-in ability to import LS sales reports and perform a currency conversion (LS - U.S., LS - U.K., etc.), we save a lot of typing, which greatly reduces time and errors. In fact, when a publisher has a large list of book sales to import, this can save hours. When you add that savings on top of the time saved in actually performing the royalty calculations, publishers just can't afford not to use a great tool like DashBook.

Tuesday, September 1, 2009

Why don't all authors follow submission guidelines?

The publishing industry is a very old one, which means that over the years the people in the industry have established procedures and guidelines meant to streamline the process of getting from book idea to print. Of course, such establishment works best in a static world, as can be seen by the frantic response to young publishers breaking the rules, creating eBooks, and setting low prices.

We have rules for grammar so that someone can know a language and understand books written to those grammatical rules.

One would think that an author would be capable of reading submission guidelines which were written in their native language, and follow them. Of course they could, but why do so many editors complain about submissions that do not follow the guidelines?

I think it is because the editors themselves have fallen into the trap of convention in the publishing industry. Everyone has "Submission guidelines" so they think that they must need them, too. Yes, it would be good practice to set rules for submissions, so do just that. Do not set guidelines unless you expect them to be read as helpful hints.

If you want to be forceful and reject submissions that are not within your standards, set standards instead of suggestions. How about using "Mandatory submission rules (not just guidelines)" to properly cast your requirements?

Can you be bold enough to not use old industry terms that apparently do not carry your intended meaning? What would be a new term that would properly convey your meaning to the thousands of authors out there who do not know your business?

This is your industry. Define it.

Import sales reports from iTunes Music and App Store

This week we released DashBook v3.2. Yes, we sometimes just can't wait to get new features in the program and out the door!

Our prior version 3.1 introduced our sales report import ability. DashBook can import sales reports from text formatted files, such as csv and tsv. Although we provide a utility that you can use to create a mapping to the sales reports you receive, we also include a bunch of them directly in our package so you can focus on your business.

Both the music business and software development require a community effort that is often compensated by paying a percentage of sales to those involved in creation of the product. And one of the hottest places to sell these wares today is iTunes.

v3.2 added an import map for Apple's iTunes sales reports. This map allows you to import your iTunes sales whether they are from music sales or iPhone App Store sales. During import, you can enter a currency conversion factor. One of our customers noted that typing in the bank transfer fees as a sales commission percentage allowed him to pass the pro-rata of that expense to each of the products sold, so that the royalties he pays out are properly accounted.

Our import was also enhanced to enable creation of invoices for consignment sales. This was critical to properly add the reports for Midpoint Trade Books and Consortium, two more distributors used by DashBook customers.

If you have a distributor or reseller for which DashBook does not have a built-in import, please let us know so that we can help.

Wednesday, August 26, 2009

eBook readers get free library books

Sony's announcement that their eBook readers will be able to access library books is huge! Amazon's Kindle set the revolution by providing free lifetime wireless access so that you can browse, buy, and download books straight to the device without having to juggle computer connections. There are free books available, but generally not of the latest publications.

Now, with the ability to check out books from the library, the eBook reader market will explode! I've checked out an audio book from the Houston Library using my laptop at home, and synchronized it with my Windows Mobile phone to listen to the book while jogging. It worked pretty well, and the book expired and disappeared at the end of its checkout period. I was even able to renew it. But this was a novelty for me.

Putting this type of power and ease on a device for the mass market is another story. It will cause people to buy eBook readers, and it will cause libraries to purchase more licenses for simultaneous checkout. Amazon would be foolish not to include this ability in their Kindle.

The need for book publishers to market their books to the library will increase, just as the sales to the library increase. Libraries. Hmm. Makes me think of another eBook angle.

Friday, August 21, 2009

Independent publishers' days are numbered

In yesterday's post I wrote that most current eBooks are simple text, whereas multimedia eBooks are the real future. Since everything is in transition, know that I do believe there is a large market for text eBooks. I'm just pointing out that eBooks are becoming mainstream, so if you want to be on the leading edge, you have to go out further. Text eBooks will become the dominant force over the next few years. But what about beyond that?

We know the story. When radio came out, people said newspapers were dead. When television came out, radio was a goner. Now that movies over the internet are becoming more popular, broadcast and cable television will lose the spotlight.

You might be inclined to say that none of the obsolescent media have gone away. Although that is true on the surface, the fact is that their value has been eroded. Which is cheaper advertisement today, not counting production costs: three minutes of radio or television?

In terms of production costs, those has gone through the roof. When you add pictures to sound, the cost goes up. Likewise, when you add video to eBooks, the costs will rise.

Although anyone today can compose a novel and place it up for sale as an eBook all by themselves, collaboration is the key to greater works. Do you want to have nice photos, video, or the programming required for interaction? Here is where the networker or larger publisher will have the advantage. Greater investment will be required for the future's interactive multimedia. Publishers will have to hire the talent or contract for it. If independent publishing means an individual doing it all, they'll be left behind.

Thursday, August 20, 2009

Simple eBooks are not the future of publishing

Most people are pretty sure that traditional print publishing will be overtaken by electronic publishing. Currently, electronic book sales are a small challenge to print book sales (1% and growing), but as more people become comfortable with reading books on an electronic handheld device, this will change. The convenience factor of having all of your books with you at all times, even if the actual storage is on the internet and you only have a window into them, will overwhelm the value of the printed page. Stuck at an airport? You're not stuck with paying airport prices for a limited selection of books. Buy from more online, and start reading within minutes.

But I think that the current eBooks are kind of funny. They remind me of so many technology transitions of the past.

When I was young, my family moved to the country where we could explore far and wide. For me, one of the most amazing things we found was in the old decrepit barn. Tucked away in the corner, and camouflaged by color and cobwebs, was a small electric lantern. Yes, electric lantern. You see, prior to electricity, folks used oil-filled lanterns with large globes and wire bails (hoops for carrying). So it appeared that when the manufacturer of this lantern decided on an electric wire and lightbulb, they packaged it into a form familiar and presumed convenient for the existing purchasers of lanterns. How quaint!

Likewise, most of us have seen the original automobiles that look like horseless carriages. These are evolutionary changes, and so it is with the majority of current eBooks. Most are just transcribed books from print.

What do I want from eBooks, then? I always want more value. The convenience of buying and receiving instantly is great. The convenience of having my reading with me whereever I am is luxurious. But I'm reading them on a handheld computer that has much more potential. Yes, I'm talking about multimedia in all its rich, interactive forms.

There are a few good examples out there. Take a look at "Buddy the Bus" for the iPhone. This app uses full color, can read to you, and offers five language choices for both the text and the audio. And if you consider the now aging Leap Frog book reader, where you can touch the props on the pages and have them yelp, you can imagine books that go far beyond our old printed pop-up books. It won't be just kids who will appreciate full animation. Can you visualize the advantages of a "How to fix" book with video clips?

Come on; use your imagination, and you can be a leader in this expanding world of publishing!

Wednesday, August 19, 2009

Android Marketplace is developer unfriendly

An iPhone app developer recently asked us to enhance DashBook's sales report importing to take advantage of an iTunes sales report feature that shows the country where an app was purchased. Naturally, we obliged. It will be nice to expand our market to the publishers of phone apps, as well as all of the indie music publishers who use iTunes. Developers also need to account for the royalties or splits as they contract out work to various talent. And of course, book sales on the App Store are quite common.

Well, that got my interest up to explore the other app stores. Having used an iPhone for a while now, I believe that Apple's tight grip can kill them. Not allowing a user to choose which apps can continue in the background is absurd. The Android system, on the other hand, is much more open and allows developers to write anything they wish, although publishing pornography is still forbidden.

Thus, the Android is my pick as the best competitor for Apple's iPhone system. So I started to research the Android Marketplace to see if I could find examples of their sales reports. Hmm. I have to pay $25 before I can read details about publishing on the Marketplace? Bizarre. Further research turned up inquiries by developers who are at a loss as to how to account for sales tax on their sales. Do they have to review each individual transaction to determine if U.S. sales tax was charged if the composite transactions report doesn't contain that detail? Wait! The developer is accountable for sales tax? Does Android Marketplace or Google affect the developers' nexus?

Oh, this is pitiful.

Apple's App Store and iTunes Store simplified this for publishers by taking on the role of a reseller, just like the prior online bookstores. If Android Marketplace does not do this, few developers will make the mistake of publishing there more than once.