Goodreads announced in a blog post that it has established a giveaway program for Kindle ebooks, currently in beta. Previously, the program had only been available for print books.
Authors or publishers—whoever controls the digital distribution rights—can now offer up to 100 copies of the Kindle ebook and choose how long the giveaway will run. When it is finished, Goodreads will chooses winners at random and automatically send the Kindle ebooks to users’ preferred devices and cloud accounts.
Kindle ebook giveaways will initially only be available in the US. During the beta period, Goodreads will work with Amazon Publishing to host Kindle ebook giveaways. When the program is out of beta, though, it will be open to any author or publisher who sells their ebooks on Amazon.
The cost of listing a Kindle ebook giveaway will be $119 for up to the 100 ebook limit. Listing a print book giveaway, however, will continue to be free.
To get all the ebook and digital publishing news you need every day in your inbox at 8:00 AM, sign up for the DBW Daily today!
Another Concept Bookstore Opens – Backed by Penguin Random House (Pub Lunch)
Amazon isn’t the only company of scale experimenting with a sleek new concept bookstore. Last Friday, a 1,000-square-foot concept store opened in under-served Puerto Rico with backing from Penguin Random House, in partnership with the island’s Bookmark (which opened their first store in 2013). At the new Bookmark Boutique, “During its first three months of operation, Penguin Random House will provide support with public relations, an aggressive author event calendar and innovative technology designed to help readers discover new books and authors,” according to a local paper.
Pew Report: Long-Form Reading Shows Signs of Life in Mobile World (DBW)
An analysis by the Pew Research Center looked at time spent on mobile phones viewing long-form content vs. time spent viewing short-form content. The report’s big takeaway: “Consumers do spend more cellphone time on average with long-form news articles than with short-form.”
Which Is Better: Self-Publishing or Traditional Publishing? (Forbes)
I get queries from potential clients who want to write books all the time and the first question they often ask is, “Should I self-publish or try for one of the traditional publishing houses?” It’s a simple question with a complex answer. Let’s sketch out the main outlines of the current picture.
Find the Niche Market for Your Book (IngramSpark)
Aside from good writing, one of the key components of a successful book is finding a niche market. Because self-publishing has become so popular, there are literally thousands of books on any given subject on the market. Experienced book publishers will tell you that finding a niche market is the best way to get your book read. But how do you find one that works for you?
Business Musings: Agents and Estates (Kristine Rusch)
Before I even get to the issues below, let me tell you this: Many literary agencies are small businesses, just like your writing business is. Many agents have prepared no better for their deaths than Prince did for his. I’ll touch on this later in these posts, but take a look what this post from 2012 has to say about the Vicinanza Agency. Think about that, before you decide to hire an agent for anything, let alone for managing an estate.
Print Only Products: Turn Your Book into a Notebook or Workbook (Creative Penn)
The key to making a living with your writing is to have multiple streams of income, and although indie authors usually make more money with digital than print, there are ways to expand your print portfolio even with existing books.
ILA: The Faltering of India’s Translation Project (Pub Perspectives)
A scheme to translate literature from India’s many languages into the eight UNESCO languages has foundered, according to a Scroll.in report, through mismanagement and funding failures.
Sales Fall 11 Percent at HarperCollins (Pub Lunch)
News Corporation reported fiscal third quarter earnings after the close of the market on Thursday, with sales falling $44 million at HarperCollins, down 11 percent to $358 million for the period. The impact on EBITDA was sharper, at $36 million, down $20 million from a year ago. The company blamed “lower revenues from American Sniper by Chris Kyle and the Divergent series by Veronica Roth, lower e-book sales and negative foreign currency fluctuations,” though they did implement some “cost savings initiatives.”